S&P500 Rebound on the 4H MA50

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:

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