The S&P500 index is neutral on its 1D technical outlook (RSI = 54.213, MACD = 29.690, ADX = 23.794) as it has completed the technical dive following the 4H Golden Cross just like August 21st 2024, and is rebounding. The two patterns are so far similar, both rebounding on oversold 4H RSI, and the September 2024 rebound almost reached as high as the 1.5 Fibonacci extension. We aim for another close test of the 1.5 Fibonacci (TP = 6,215).
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.