The first trigger has been hit!

According to a previous analysis, prices came to test the long average, as well as the region of 3958 proposed by the SETUP used.
snapshot

And now, what will happen?

If the SETUP is correct, it will be a rebound to the 4089 region, however, if prices reach the FIBO gold region at 3918, the likely target for the SPX index will be the 3746 region, better known as the previous bottom. This bottom is the most important part of the long climb experienced!

On the hourly chart, SETUP suggests that prices will test the long average in the form of a rebound at around 4024.
snapshot

Can we trust bulls?

-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other reviews!
Beyond Technical AnalysisHarmonic PatternsimagraphistTrend Analysis

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