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VasilyTrader

S&P500 Index (SPY) Buying the Dips

Long
Indice S&P 500 (FX:SPX500)  
VasilyTrader  
FX:SPX500   Indice S&P 500
Trend Analysis Chart Patterns Wave Analysis futurex indexes fundamental-analysis S&P 500 (SPX500) S&P 500 E-Mini Futures S&P 500 Stocks Technical Analysis forecast
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trendanalysis chartpattern waveanalysis futurex indexes fundamental-analysis spx500 es1! sp1! stocks technicalanalysis forecast
snapshot

nice correctional movement on spy yesterday.

the price perfectly dropped to a support line of a major rising channel.
this support matches perfectly with a 618 retracement of the last bullish impulse
+ bullish engulfing candle formed, confirming the strength of structure.

I believe that now it can start recovering.

goals:
3507
3560
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USDCHF: Retest & Bullish Continuation
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