Auguraltrader

S&P500 futures indicate bullish end to the week

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
The first two days of this week put the S&P500 in bullish stance, as it closed the month, and quarter. Monday showed a Piercing Pattern and yesterday (Tuesday) clocked the confirmation of reversal and trend continuation. This happened as it bounced off the 55EMA.
Furthermore, the MACD is about to cross up.

Strong bullish bias to the upside for the rest of the week observed here!

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