S&P500: Buy opportunity on the 1D Higher Low.

The index is trading within a 1D Channel Up that is currently on its Higher Low zone (RSI = 53.748, MACD = 22.840, Highs/Lows = 0.0000). The fundamental environment may be largely negative buy purely from a technical standpoint, the 2,780 - 2,790 is an optimal long opportunity. TP = 2,849.





** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.