S&P500 Rebound on the 4H MA50

Oct 3, 2020

Pattern: 4H MA50 rebound.

Signal: Buy as last time the 4H MA50 was tested and held as Support, a 2 month rally started. RSI and MACD are similar to that fractal of early July.

Target: 3480 (the -0.5 Fib extension).


Most recent S&P signal:

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

--------------------------------------------------------------------------------------------------------

!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!

🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> gergiabboud

--------------------------------------------------------------------------------------------------------