S&P500 (SPX500): Classic Bullish Reversal
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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