S&P500 : Buy above breakout

FX:SPX500   S&P 500 Index
331 3 6
Major resistance – 1941 (55 day EMA and also trend line joining 1946.7 and 1937)

Major support – 1890

The index has made a high of 1937 and slightly retreated from that level. It is currently trading around 1925.

Any break above 1941 will take the index till 1965/1984/2000.

On the lower side major support is around 1890 and break below targets 1870/1851.the minor support is around 1915.

It is good to buy above 1941 with SL around 1915 for the TP of 1965/1984/2000.
its not going up before 1880, in my humble opinion
f1l1per. f1l1per.
1890 srry
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