The S&P500 got rejected twice near the MA50 (1d), causing a 7 day decline.
Since the October rise has been stronger so far than this decline, we can consider it as a Bullish Flag.
The price is approaching the MA200 (1d), where the October rally basically started.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 4380 (MA50 1d).
Tips:
1. The RSI (1d) is on the exact symmetrical level as the September 7th Low. An additional bullish signal, at least for the short term.
Please like, follow and comment!!
Notes:
Past trading plan:
Since the October rise has been stronger so far than this decline, we can consider it as a Bullish Flag.
The price is approaching the MA200 (1d), where the October rally basically started.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 4380 (MA50 1d).
Tips:
1. The RSI (1d) is on the exact symmetrical level as the September 7th Low. An additional bullish signal, at least for the short term.
Please like, follow and comment!!
Notes:
Past trading plan:
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Also doing account management, earn +15% monthly profit!
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.