Long S&P for bounce

FX:SPX500   S&P 500 Index
Beartrap. Holding 4 hr 200 ema as well.
Bounce on all the fantastic earnings? Or because current S&P p/e ratio have equities at bargain right now?
You don't see that massive head and shoulders reversal signal right there?
PKA Incogniteaux
H&S is the most over used TA pattern ever. Until it breaks the channels it is not bearish unless for scalping. I already sold my calls that I bought earlier, but still in UPRO.
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