OANDA:SPX500USD   S&P 500 Index
Analysis :-

Overall momentum is clearly bullish judging by the higher timeframes.

For Longs :
For a buy to be validated we should anticipate a 1H continuation pattern past the last lower high at 3508.5 precisely .

Shorts :
For a short term sell (higher risk) we should wait for a continuation patter around the 3480 mark. If we get this we can take sell to 3439.8 precisely. Again the sell is of higher risk.

Warm regards,

Sunny Kumar

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