S&P 500 (SPX) Up 0.52%, Crosses 20 Day Moving Average; in an Uptrend Over Past 90 Days

2 mins read

The Hourly View for SPX Last Updated March 26, 2021, 23:18 GMT At the moment, S&P 500’s price is down -0.5 (-0.01%) from the hour prior. S&P 500 has seen its price go up 8 out of the past 10 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on S&P 500. Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns…

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