ModTrades

SPX - Second BULLISH PLAN for the SP500

Long
FX:SPX500   S&P 500 Index
Hello traders,

Today we are analysing the S&P500 where you can see everything on the chart.

**Like my previous analysis on S&P500, we are BULLISH, but for a different plan (the other one is a WXYXZ)**

After just finishing the ABC pattern, we might be entering the 5 purple of the V orange.

Therefore we have arround 4 objectives:

1- 4526
2- 4920
3- 5046 (strongest)
4- 5560

Tomorrow we will have the retail earnings, and it look very bullish for Walmart, Home Depot and Target, so it will be one of the factors why we will have big green candles this week!

Have fun and don't hesitate to look the other idea on S&P500 linked below
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And comment if you have any suggestion !

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