S&P Index Cash CFD (USD)
Panjang

SP500 Bullish setup

73
SP500 looks good enough to try a long here. Main structure is bullish and we can see the same pattern is repeating again. Break of main trendline, retest and pump. I highlited 5.495 as a first resistance area, that i expect to be touched today. Here i think we will see a rejection that will make the price to retrace. Probably around tomorrow we could have a confirmation about a possible reversal that could lead the price to new highs.

Penafian

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