The 📈SPX500 showed strong support at a horizontal demand area on the 4-hour chart.
A clear rejection and the formation of a cup and handle pattern suggest that buyers will likely drive prices up.
The target levels to watch for are 5,418 and 5,481.
A clear rejection and the formation of a cup and handle pattern suggest that buyers will likely drive prices up.
The target levels to watch for are 5,418 and 5,481.
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Join our Telegram channel for daily market update 👇👇
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.