SP500 broken out of its medium term downtrend - BULLISH

Od Timonrosso
SP500 on 4 hour has broken out of two formations.
1. The medium term downtrend the markets been in for the last few months.
2. A W Formation which has broken into a new uptrend...
Bullish Target to 4,200
Regards
MATI Trader
Chart PatternsTechnical Indicatorssandp500sp500futuresp500indexSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis
Timonrosso
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Timon Rossolimos
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(Pro trader since 2003)

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