US 500
Long

S&P500 Two targets on this newly started rise

The S&P500 made the first rebound on the bottom of the Channel Up.
Breaking over the MA50 (4h) has confirmed the short term bullish sentiment.

Trading Plan:
1. Buy this pull back as close to the bottom of the Channel as possible.

Targets:
1. 4000 short term (under the MA200 (4h)).
2. 4220 long term (top of the Channel Up and +11.00% rise).

Tips:
1. The MACD (4h) has formed the same pattern it did on the November 3rd and December 20th bottoms.


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Notes:
This is a continuation of this trading plan:

S&P500 Exceptional buy.
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)standardandpoor500Trend Analysisus500

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