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$US500 S&P500 is about to backtest the "old" channel

US 500 (CURRENCYCOM:US500)  
10xTrading  
CURRENCYCOM:US500   US 500
Trend Analysis Chart Patterns Technical Indicators uptrend Price Channels demandline hyperbullish bullrun sp500index us500 correction
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trendanalysis chartpattern indicator uptrend pricechannel demandline hyperbullish bullrun sp500index us500 correction
The S&P500 broke back into its price channel that startet on 30th october 2020
and is about to backtest that old demand line, if it is support again.
If market bounces off of it, we might be up for a wild rallye to the upper end of the channel.
If we fall below it, watch the 4.550 level for support.
Hallo und herzlich Willkommen bei 10xTrading -
Dein Kanal, rund ums Thema Charttechnik !
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