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VillageTraderZA

S&P500 index broke and stayed out

Long
S&P 500 Index (SP:SPX)  
VillageTraderZA  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
The S&P brokeout from the downtrend resistance line and holding above the 200 day EMA. This could the turn. I still believe the low in this market is in.

I see a nice 5.8 RIsk Reward play targeting the 4.7k target on the index.
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