US 500
Long

S&P500 Channel Up priced a bottom. Buy.

175
S&P500 / US500 is trading inside a 20 day Channel Up.

The price hit today the 1hour MA200, while the 1hour RSI breached the oversold limit and rebounded.

The two times this happened before, it was a signal that the Channel Up has formed a bottom.

The bullish waves that followed, rose by at least +2.00%.

Buy and target 6200 as the new higher high of the Channel.

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