long fot this commoditie, we can see that the price are within the channel over the EMA20. For thus, we looking the number four by elliot wave, we see that it is finish, at the begining the next we can see the recoil.
Attentive to the next resistance 2113.7 (green line), the price could be break it, it doesn't break the EMA20 (yellow line) we are in the new historical price.
Might be break the purple line (the lower channel line) at 2070.0 the S&P500 might be find the next support line 2039.1 (red line) and we will see a bearish trend.
