S&P 500 IndexLong
SP "ATH" 500 (SP5X00USD) a look at the 4h time-frame.
Updated
The trend is your friend until the end.
And the melt up continue.
A broadening wage on top off an uptrend is usually a bullish sign.
the price has been re-accumulated near the 200EMA on that time-frame.
We can also see a bullish div on the RSI and the stochastic. All of the more reason to remain bullish for now.
And the melt up continue.
A broadening wage on top off an uptrend is usually a bullish sign.
the price has been re-accumulated near the 200EMA on that time-frame.
We can also see a bullish div on the RSI and the stochastic. All of the more reason to remain bullish for now.
Trade active
The first TP (take profit) point has been reach. It is wise to take a little bit of profit there but the price has some upward momentum left.
Note
Note
Retest of the structure, not so perfect.Now we need to see a new pattern to know if the trend can still continue.
Trade closed: stop reached
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