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The S & P500 cut through 4000! Going even higher?


Good day!

The European currency continues to grow in the direction of the broken “psychological” level 1.2000, from which a downward rebound is most likely:

Gold broke through the downtrend channel and paused in thought. While we can expect a rollback to the broken downtrend and growth towards 1767.00. Although the 1767.00 level seems to be an interesting resistance so far:

The S & P500 cut through 4000!  Going even higher?

The S & P500 did not want to go down and broke through the level of 3978.00. Now we can expect a rollback to the broken level and the continuation of the upward movement. How high we rise – the question remains open. For now, it is more interesting to observe the formation of candles on this line. On the other hand, what can prevent quotes from forming a bull trap:

The S & P500 cut through 4000!  Going even higher?

Oleg Svirgun,
analyst at Tickmill brokerage company
04/08/2021

Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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