S&P500 Buy Signal / Strong supporting line

 

Pattern: Higher Lows on the 4H chart.

Signal: Buy as the index rebounded not only on the former Lower Highs trend-line (dashed line), but also on the newly formed Higher Lows trend-line.

Target: 3660 (just below the 3675 Resistance).

Recent S&P signals:

S&P500 Time to break above the Stimulus-Elections Triangle?

 

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Tradingview link:

https://www.tradingview.com/chart/SPX500USD/uV4KuREB-S-P500-Buy-Signal-Strong-supporting-line/



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