US 500 Index
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US500 1h time frame analysis

US500 in 1h time frame with technical indicators telling reversal movement (oversold), making an inverse head and shoulders pattern for a start of possible new bullish trend after some significant bearish trend for last 2 weeks. It could also be seen as an end of the corrective waves of elliott wave theory in a bigger picture (1D time drame)
Chart PatternsTechnical IndicatorsTrend Analysis

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