S&P500 Two targets on this newly started rise
The S&P500 made the first rebound on the bottom of the Channel Up.
Breaking over the MA50 (4h) has confirmed the short term bullish sentiment.
Trading Plan:
1. Buy this pull back as close to the bottom of the Channel as possible.
Targets:
1. 4000 short term (under the MA200 (4h)).
2. 4220 long term (top of the Channel Up and +11.00% rise).
Tips:
1. The MACD (4h) has formed the same pattern it did on the November 3rd and December 20th bottoms.
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Notes:
This is a continuation of this trading plan:
Breaking over the MA50 (4h) has confirmed the short term bullish sentiment.
Trading Plan:
1. Buy this pull back as close to the bottom of the Channel as possible.
Targets:
1. 4000 short term (under the MA200 (4h)).
2. 4220 long term (top of the Channel Up and +11.00% rise).
Tips:
1. The MACD (4h) has formed the same pattern it did on the November 3rd and December 20th bottoms.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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