Pattern: Bullish Megaphone. Signal: (A) Buy if after the 4H MA50 break-out (blue trend-line), the level holds (as on Feb 02 – 04). If it doesn’t, (B) sell towards the lower (-) Fibonacci extensions (as on March 01 – March 04). Target: (A) The 0.5 Fib (rough estimate 4040). (B) The -1.5 Fib (rough

  The 4H MA200 (orange trend-line) with the 1D MA50 (green dots) have recently provided rebounds on S&P500 more often than not, acting as a Support Zone. As you see on the chart those happen to be also on key horizontal Support levels (3900 – 3860). With the 4H RSI making contact with its parabolic

  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

  Pattern: Bullish Megaphone on 4H. Signal: Buy as the price just rebounded right above the Megaphone’s Higher Lows trend-line. The RSI did the same on its own Support, while the MACD is close to forming a Bullish Cross. Target: 3840 short-term (right above the 4H MA50 as on the Feb 24/ March 01 rebounds)