SPX: Bullish Breakout Targets 50DMA

SmartReversals
04-26

$S&P 500(.SPX)$ - Green candle following the bullish signal triggered yesterday, and oscillators are entering in overbought zone, but this train is aiming at the 50DMA.

The gap open may work as a magnet when the price gets oversold; but don't forget that a Zweig trust was triggered yesterday.

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