SPX500USD Will Go Up! Long!

28 มิ.ย.

Here is our detailed technical review for SPX500USD.

Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is on a crucial zone of demand 5,516.8.

Taking into consideration the structure & trend analysis, I believe that the market will reach 5,549.3 level soon.

P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.

Like and subscribe and comment my ideas if you enjoy them!

7 ก.ค.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Great news, our trade has finally paid off!