asharifan

spx500 is normal

Long
SP:SPX   S&P 500 Index
For the first time in over 300 days, #spx broke above the 200d SMA and its downtrend pattern.
The 50-day SMA has crossed over the 200-day SMA.
After a long bear market, the current uncertainty in the market is quite natural.
I expect this new little flag to even reach 4000 for a last kiss and then it can go up.
The next barrier could be around 4300.

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