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Long

S&P500 Long @2000 if price trades down to it.

SP:SPX   S&P 500 Index
339 1 2
Price has been holding it's 12 month moving average on a monthly close for the last three years. Would look to go long around 2000 since the 12 month ma has been consistent support. If price trades back up to the upper trendline , would look to short, because it's been strong resistance for the last five years. On a side note, coming into May using a fib time zone, May seems to be another fib time zone Don't know if price and time will have a reaction there. Will have to wait and make an observation.The Ides of March seem to be upon the markets for the next week or so.
Time and Price.
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