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$SP500 / #SP500 | 4H Index Trade Setup Update ● Current Status: SP500 has broken above the VAH
1 year ago
3
$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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