FX:SPX500   S&P 500 index of US listed shares
169 18 5
Getting my trade plan ready. The smaller time frame has an additional, more immediately bullish count IF upper support holds. Negative divergence on MACD has been warning a pullback is possible. No guarantee it'll be deep, although since 2193 hasn't broken there's still an outside chance of revisiting the post-BREXIT lows. I'll be entering long with stops as we go. I definitely want to be long over 2194...
Here's what I'm watching for support (see box) in an attempt to complete an impulse to the 2193/2200 level. Watching forming negative divergences as price moves higher for signs of local topping. I'm still interested in going long on a retrace but no guarantee there will be a deep one (white count).
snapshot
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