Hey Traders,
In today’s session, we’re keeping a close eye on US500 for a potential buying opportunity around the 6,700 zone. The S&P 500 remains firmly in an uptrend, with price currently in a healthy correction phase approaching a key support and trend confluence near 6,700.
Beyond the technical setup, seasonality adds a bullish layer — over the past 15 years, the S&P 500 has advanced 14 times in October to early November, averaging significant gain during this window.
If history rhymes, the current pullback could offer a compelling buy-the-dip opportunity into one of the market’s strongest seasonal periods.
Trade safe,
Joe.
In today’s session, we’re keeping a close eye on US500 for a potential buying opportunity around the 6,700 zone. The S&P 500 remains firmly in an uptrend, with price currently in a healthy correction phase approaching a key support and trend confluence near 6,700.
Beyond the technical setup, seasonality adds a bullish layer — over the past 15 years, the S&P 500 has advanced 14 times in October to early November, averaging significant gain during this window.
If history rhymes, the current pullback could offer a compelling buy-the-dip opportunity into one of the market’s strongest seasonal periods.
Trade safe,
Joe.
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Free Telegram Group:
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.