{"id":13464,"date":"2023-03-23T14:14:07","date_gmt":"2023-03-23T14:14:07","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13464"},"modified":"2023-05-22T07:39:37","modified_gmt":"2023-05-22T07:39:37","slug":"sp500-is-pricing-the-new-low-of-the-bullish-leg","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/03\/23\/sp500-is-pricing-the-new-low-of-the-bullish-leg\/","title":{"rendered":"S&#038;P500 is pricing the new Low of the bullish leg."},"content":{"rendered":"<p>The S&amp;P500 (SPX) hit today the 4H MA50 (blue trend-line) again and the Higher Lows since the March 13 bottom. That was a bottom on the 5-month Channel Up and the best buy opportunity on a 1 month time-frame.<\/p>\n<p>With the 4H RSI sequence similar to the Higher Lows of the previous bullish leg in late December\/ early January, we see SPX attempting to price the new Low. This is a new buy opportunity. Our long-term target of 4190 is intact.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/US500\/yGVtRR8q-S-P500-is-pricing-the-new-Low-of-the-bullish-leg\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/US500\/yGVtRR8q-S-P500-is-pricing-the-new-Low-of-the-bullish-leg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The S&amp;P500 (SPX) hit today the 4H MA50 (blue trend-line) again and the Higher Lows since the March 13 bottom. That was a bottom on the 5-month Channel Up and the best buy opportunity on a 1 month time-frame. With the 4H RSI sequence similar to the Higher Lows of the previous bullish leg in<\/p>\n","protected":false},"author":611,"featured_media":13465,"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":[1639],"tags":[],"class_list":["post-13464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13464","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=13464"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13464\/revisions"}],"predecessor-version":[{"id":13468,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13464\/revisions\/13468"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13465"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}