US500 - Follow the Optimism!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 As per my latest US500 analysis (attached to the chart), it rejected the blue circle zone and surged by over 5%.

What's next?

🏹 As long as US500 remains within the short-term rising channel marked in red, any bearish movement toward the lower red trendline should be considered a correction and a potential opportunity to look for trend-following long positions.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.