As S&P500 has been in an upward trend, it is likely it will continue to follow that.
With this upward trend entered at early February, long positions can reap good profits.
Personally I identify 3 possible LONG entry positions:
1. Which is here at 1945.2. However, it is highly likely that before continuing going up.
2. It falls to the very strong support level at 1932.9. The best case would be that if the support holds, to go long here however if it does not hold then next entry is at
3. Trend line.
Safe and successful trading!
With this upward trend entered at early February, long positions can reap good profits.
Personally I identify 3 possible LONG entry positions:
1. Which is here at 1945.2. However, it is highly likely that before continuing going up.
2. It falls to the very strong support level at 1932.9. The best case would be that if the support holds, to go long here however if it does not hold then next entry is at
3. Trend line.
Safe and successful trading!