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.
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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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