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stantm23

S&P 500 - Potential double bottom or spring position

Long
S&P 500 E-mini Futures (CME_MINI:ES1!)  
stantm23 Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis S&P 500 (SPX500)
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trendanalysis spx500
Potential double bottom forming or also known in Wyckoff term as spring position which offers lowest risk and higher profit ratio. If insitution believes there are values - fundamentally they will consider buying/investing. Remember big institution buys value and sentiment!!
Comment:
Dont forget short coverings as well will push price higher
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