S&P500 Perfectly following the long-term plan

It is more than a week ago that we called the exact bottom buy on the S&P500 (SPX) index:


Our first target (4050) has been hit and the 'Powell pull-back' is giving us a new opportunity to enter. As you seethe 1D RSI rebounded exceptionally on the Support provided by the December 19 Low and what's left now is only for the 1D MACD to make a Bullish Cross and solidify the new bullish wave to the new Higher High of the Channel Up.

The previous rise topped on the 1.618 Fibonacci extension, so Target 1 now is 4170. If then we close above the 4,195 Resistance, we will take one final short-term buy targeting 4250 (Target 2).


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