S&P 500 Index
Long

SPX corrective wave (ii) pullback, Bullish Trade Setup

On the Daily time frame, a pending wave (ii) on the S&P is presenting a good opportunity to establish longs once support at 3822 is reached. Look to establish bullish verticals or Positive delta butterfly spreads if the 3920 wave (ii) support level is tested for a potential move higher into wave (iii).

Disclaimer