SP500 Long.
SP500 – price is now above the 3960 level a key level for me to be Long above However I will need to see further Bullish Momentum; looking for a cycle above to ‘confirm’ buying as we have seen what price has done at this level before – However can intraday trade the strength as it may move higher.
Fundamentally, we are seasonally bullish this period - The weighted average dips and moves higher at the start of April till July and historically we move higher alongside it.
Fundamentally, we are seasonally bullish this period - The weighted average dips and moves higher at the start of April till July and historically we move higher alongside it.
Penafian
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