tpaczoski

SP500 Idea for week 6-10 December 2021

Long
tpaczoski Updated   
CAPITALCOM:US500   US 500
The market corrected the ABC and dynamically rebounded from the 50% retracement of the Fibo. The key resistance is 4600. I assume a breakthrough and a continuation of the uptrend with a range of 4970. In the absence of a breakthrough of the 4600 support, we return to drops below 4500 (about 4400).
Trade closed manually

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