US500 - Intraday - We look to Buy at 3440 (stop at 3418)
Trading within a Corrective Channel formation. Prices have reacted from 3420. Our expectation now is for this swing higher to continue towards the top of the trend channel, to complete a correction before sellers return. Further upside is expected although we prefer to buy into dips close to the 3440 level. Uptrend support is located at 3430.