S&P 500 Index
Long
Updated

Hellena | SPX500 (4H): LONG to resistance area of 5830.

899
Colleagues, the previous forecast is not canceled, but I decided to update it a bit in the form of a new forecast. I have set the target a little closer, so that I don't have to wait too long.
I believe that the price will continue its upward movement and will reach the area of 5830. It is quite possible that the price will correct to the area of 5597, completing the wave “2” of small order.

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Colleagues, the upward movement is not complete and the target is almost reached. This may mean that wave “2” has already been formed at the level of 5597.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

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