This is a trade that we also discussed over the past week. As explained, the price tested 4600 or the pattern support line and after that, we saw a price increase up to 4750 or + 3.6% In fact, the price is testing the support area again and we can see a bullish movement again. The first target is 4740 and the second target is close to 4850
Remember that if S&P moves higher, all stocks associated with this index have a higher chance of a price increase. So this is the best time to buy stocks for short-term trading or if you find any good one this is the best time to invest and keep it for some months from now.