- November 3, 2020
- Posted by: Tradingshot Articles
- Category: Stock Indices
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Pattern: Triangle on 4H.
Signal: Buy on the next MA50 contact as the price breached the 4H MA200 as in October 01. Also the MACD made a strong Bullish Cross, similar in strength with the September 24 – 29.
Target: 3500 (potential contact on the Lower High trend-line of the pattern).
Most recent S&P signal:
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Tradingview link:
https://www.tradingview.com/chart/SPXUSD/X8y4gSwf-S-P500-targeting-3500