US 500
Long

S&P500 Buy this pull back.

S&P500 / US500 got rejected today on the Falling Resistance of the previous High.

This is the very same pattern we had between Sep 26th - Oct 6th.

After the pull back was completed near the previous Low, the price rebounded above the Falling Resistance to a +2.17% rise.

Even the first rebound on the Rising Support, rose by +2.19%.

Buy the current pull back and target 5900 (+2.17%).

Previous chart:

S&P500 hit the top of 24 month Channel giving a sell signal.


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Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)standardandpoorTrend Analysisus500

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