S&P 500 Index
Long
Updated

Hellena | SPX500 (4H): LONG to resistance area of 5788.8.

1 743
Dear colleagues, I am still counting on an upward movement. It seems that the sellers have not lost their strength yet and I see that an update of the low in the area of 5445 is possible. Then I expect a resumption of the upward movement with a target to reach the 5788.8 area.
As usual there are 2 possible entry options:
1) Market entry
2) Entry by pending limit orders if the price starts a small downward movement.

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Dear colleagues, the price has reached the 5444 area and a gap has formed. I believe that we should start considering long positions. Perhaps the price will update the low a little more, but I don't think it will go further than the level of 5400.

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