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TradingShot
22 de Sep. de 2020 17:34

S&P500 Buy Signal (long-term) Largo

OANDA:SPX500USD1D
US SPX 500OANDA

Descripción

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Pattern: Channel Up on 1D.

Signal: Buy as the price reached the 0.618 Fibonacci retracement level from its previous bottom.

Target: 3590 medium-term (Resistance) and for long-term traders 3900 (+21.90% rise from this bottom).


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Trend AnalysisHarmonic PatternsChart PatternsSPX (S&P 500 Index)S&P 500 (SPX500)us500signalsspxsignalsstandardandpoors
Comentarios
InkyGrip
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Great analysis, we have a similar vision on this pair! Upvoted
daniel73868
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There are many black swan events such as a contested election, COVID, China, stimulus package concerns, are you kidding me dude?
AF_D
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@daniel73868 I think you misunderstand the term “black swan”. All those things are known quantities and priced in to a degree in markets. Black swan refers to shocks to the system that catch everyone off guard. This market will rise only after extreme pessimism sets in.
PolarHusk
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Keep it up
Goldhead
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Yes. Makes sense.
envikuci
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Keep up the good work
altinAdam
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Good analysis!
Osemka8
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I think you nailed it with this one. FUD is spread to the public at bottoms, not tops. This is for buying.
Grandmaster76
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As long as it holds 50 day EMA, it can rise!
Trendtarda
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@Grandmaster76 gone through 50day ema 3 days ago ?
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