S&P500 – S&P500 remains buoyant, still looking to buy on pullback
The S&P500 moved higher again last week as the bullish momentum following the U.S. election continues.
Our views haven’t changed on this market; we are still looking to get long on weakness, ideally down near support around 2150.00 area to 2106.00 on a 1 hour, 4 hour or daily chart price action buy signal.
The SPI200 has risen higher recently, along with other stock indices. Notice price is remaining buoyant above 5300.00 support.
We can look to get long on any weakness down near that level in the coming days, targeting resistance up near 5435 – 5480.
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