S&P500 Bullish Break-out

Pattern: Bullish Megaphone on 4H.

Signal: Buy as the price broke above the inner Lower Highs trend-line and is turning the 4H MA50 (blue trend-line) into Support. The RSI is on a Bullish Divergence.

Target: 4,040 long-term (the 1.382 Fibonacci extension ).

Previous 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 ==> xBTala

Tradingview link:

https://www.tradingview.com/chart/SPXUSD/guaxTpQ3-S-P500-Bullish-Break-out