S&P 500
Long

S&P index looks bullish to me (long R:R3)

401
Hello everyone,

SPX on Daily looks very bullish to me from a clearly technical perspective as it looks to me that it finished its A-B-C correction after the bearish divergence smashed the market and is currently forming a huge bullish divergence which is also supported by falling wedge breakout with retest.

This setup is with very nice R:R 3 and projected Targets are: T1 3900, T2 4100, T3 4350 up to 4500
Leverage up to 3x

Conditions are almost the same as Mar-Apr 2020

How does Market cycle ?

istantanea

Cheers

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