{"id":11508,"date":"2021-09-07T09:25:52","date_gmt":"2021-09-07T09:25:52","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11508"},"modified":"2023-05-04T09:28:06","modified_gmt":"2023-05-04T09:28:06","slug":"sp-broke-the-4h-ma50-starting-the-correction","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2021\/09\/07\/sp-broke-the-4h-ma50-starting-the-correction\/","title":{"rendered":"S&#038;P broke the 4H MA50. Starting the correction."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Pattern: Channel Up on 4H.<\/p>\n<p>Signal: Sell as the price broke below the 4H MA50 (blue trend-line) for the first time since August 20. Also the price action and the MACD is similar to the July 15 consolidation which also led to a pull-back below the 4H MA50.<\/p>\n<p>Target: The 1D MA50 (yellow trend-line), which has been the target of all corrections within the 12 month Channel Up.<\/p>\n<p>Tradingview\u00a0 link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/SPXUSD\/qPFzLp3B-S-P-broke-the-4H-MA50-Starting-the-correction\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/SPXUSD\/qPFzLp3B-S-P-broke-the-4H-MA50-Starting-the-correction<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Pattern: Channel Up on 4H. Signal: Sell as the price broke below the 4H MA50 (blue trend-line) for the first time since August 20. Also the price action and the MACD is similar to the July 15 consolidation which also led to a pull-back below the 4H MA50. Target: The 1D MA50 (yellow trend-line),<\/p>\n","protected":false},"author":611,"featured_media":11509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11508"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11508\/revisions"}],"predecessor-version":[{"id":11512,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11508\/revisions\/11512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11509"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}