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SPX500 Long Setup

Long
US 500 (CAPITALCOM:US500)  
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CAPITALCOM:US500   US 500
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) spx500long spx500forecast spx500analysis sp500signals sp500index sp500long
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trendanalysis chartpattern indicator spx500 spx500long spx500forecast spx500analysis sp500signals sp500index sp500long
S&P 500 Long Setup
🔵 Entry Level: $4485.5
🟢 Take Profit: $4598.5 (2.59R)
⛔ Stop Loss: $4441.8

Reasons:
- Expecting price to respect the lower trendline in the descending channel one more time before correcting to the upper one
- Entry level is also previous resistance level from August and September
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