Indeks S&P 500
Panjang

SPX - Consolidating, potential support at 4050/4080

Looks like price is still in blue wave (iv) correction.

Support might be found around the blue box.

FIY, waves 4 have a tendency to go a bit outside the channel so, don't freak out if that happens.

Remember Horizontal support/resistance > Diagonal support/resistance !

Penafian