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US 500
Long

S&P500 (1h) Golden Cross indicates extension of this rally.

140
S&P500 is rising on its MA50 (1h) which has been holding for the 3rd straight day.
On Wednesday it formed a Golden Cross (1h), a standard bullish signal on the previous 2 Channel Up patterns since the August 5th bottom.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 6100 (+7.20% rise, similar to the previous Channel Up).

Tips:
1. The RSI (1h) is posting the same Bull Flag as on the previous legs.

Please like, follow and comment!!

Notes:
Past trading plan:

S&P500 This pull back is an excellent buy opportunity.
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Also on:
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)standardandpoorsTrend Analysisus500

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Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)standardandpoorsTrend Analysisus500
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Also doing account management, earn +15% monthly profit!

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Stop gambling with your trades! 🎰
Start being profitable! 💰
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.