Long

US500

By PurslaneFX
Updated
US500 is actually giving us a long term buying opportunity . Monthly and weekly time frame, the overall direction is bullish and current price is on impulsive move [it has formed ascending channel]. on Daily time frame price formed a falling wedge [chart pattern] while on 4 hour time frame it has formed inverse head and shoulder pattern that is pushing the price to the resistance of the falling wedge [chat pattern] that is formed on daily time frame. Market will keep on buying for over a long period of time. what's on your mind?
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