S&P500 – prepare for long!

08.03.2022 12:11 pm

Hello, everyone!

As you know I am Bitcoin trader, don’t use the traditional markets, but the SPX affects the cryptomarkets and we have to consider the potential moves there.

I suppose that we will see the growth in SPX soon. The strongest bullish divergence is forming with MACD, last time the strong bearish divergence was formed at the 1D timeframe at the very top, which started the current bear market. I consider the potential move up to the $4550 before the new price dump below the current strong support zone.

Good luck!

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