S&P 500 IndexLong
S&P 500 LOOKING FOR MORE UPSIDE
After having a major retracement s&p 500 is looking strong again. We can see a perfect buy signal on my indicator being confirmed(the blue oscillator line being pulled into the white which is supported by the pink line and bouncing off).
I will be looking at the drawn resistance lines and how price reacts at each one. I would especially be aware of the price action around the light blue horizontal.
I will be looking at the drawn resistance lines and how price reacts at each one. I would especially be aware of the price action around the light blue horizontal.
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.