Osiris992

SPX MAY 2024 WEEK 3 OUTLOOK -

Long
BLACKBULL:SPX500   S&P 500 Index

Daily - bullish, in need of pullback. although this kind of structure on daily hasn't observed a big pullback so far so I will keep an open mind and take longs if they come up.
Origin - bullish, in need of pullback. a pull to **5206.79 - 5179.87** and absorption in this zone is what I am looking for. perhaps FED Chair speaking on Tuesday or CPI will push it down. once that happens, I will start looking for buyers to step in.

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