Hadapan S&P 500 E-mini
Panjang

Pull back on 1D completed. Medium term long.

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The 1D Channel Up (RSI @ 54.372, MACD @ 11.990, Highs/Low @ -4.3929, B/BP = -7.3080) eventually pulled back to 2,865 to form a Higher Low. As mentioned on last week's analysis we have made an additional long at 2,878 and if required we will enter a second (and last one) on 2,850, where the last support on 1D is located. This is a natural technical pull back on a 1W basis (last 1W candle closed at -0.94%) following August's strong finish (three straight bullish weeks). Our TP is 2,930.

Penafian

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