SPX 500, Daily
Long

SPX500 Long at 5530

52
1. All timeframes are massively oversold due to the huge sell-off on Friday night
2. It is the start of the week, and it opened at the low, which tends to mean there would be some strength to go up
3. Unfortunately, I cannot check if there is a harmonic pattern due to technical difficulties.
4. This is at excellent support as it is at the year low
5. There is a lot of divergence due to this not being a long consolidation try to exit at M15 overbought
6. Stop loss below 5500

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