empty
 
 
23.01.2023 06:07 PM
SPX bullish scenarios

This image is no longer relevant

Blue lines- Fibonacci extension targets

Violet lines- Fibonacci retracement levels

SPX is trading again above $4,000 as price has managed in two trading sessions to eradicate recent losses in SPX. Price made a high at 4,015 and then pulled back towards 3,900 and the 50% Fibonacci retracement. Price formed a higher low and is ready to break above recent highs to provide a new bullish signal. First upside target is found at 4041, if 4,015 is broken. 2nd target is the 100% Fibonacci extension target at 4,140.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback