$SP500 / #SP500 | 4H Index Trade Setup Update ● Current Status: SP500 has broken above the VAH

5 months ago
2

$SP500 / #SP500 | 4H Index Trade Setup Update

● Current Status: SP500 has broken above the value area high, supported by rising momentum and bullish moving average crossovers.

● Technical Indicators: Caution is warranted for potential overextension, particularly with falling money flow, urging vigilance for short-term corrections.

● Outlook: Traders should remain cautious and monitor closely for signs of sustainability amidst the upward movement, considering the technical indicators signaling potential short-term corrections.

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