S&P500 hit the MA50 (1d). Huge buy signal.

2024年12月18日

S&P500 hit today its MA50 (1d) following the Fed Rate announcement.
At the same time, it is testing the bottom of August's Channel Up.
As long as it closes daily inside the pattern, this is a strong buy opportunity.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 6200 (+5.75% rise similar to the previous one).

Tips:
1. The RSI (1d) hit its 3 month Support Zone. If it reverses on it, that might be an even better signal for a buy entry.

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Notes:
Past trading plan: