We are looking at a potential Double Bottom here on the S&P 500 Daily chart.
If we get a break of the 2818 area (neckline) we may see an initial push to the top side, followed by a pullback to the neckline (reentry or add positions) for a target up to 2915.
We will look to go LONG on a daily close above the neckline with 3 separate targets.
If we get a break of the 2818 area (neckline) we may see an initial push to the top side, followed by a pullback to the neckline (reentry or add positions) for a target up to 2915.
We will look to go LONG on a daily close above the neckline with 3 separate targets.