fxswing
Long

S&P500 - Fall / Bounce Time

FX:SPX500   S&P 500 index of US listed shares
340 0 10
Buyers emerged in July, September and October 2013             at the 100dma channel low...
Will they repeat the pattern or just push lower with conviction ?
Market parameters are clear, and risk defined.
I'll try to buy it in the next 5 sessions, if we can keep closes in the 100 dma channel.
Closing below the 100 dma channel would send quite a bearish signal and I wouldn't be long in such a case.
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