Rally caps on - SPX500

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Downtrend looks to be over, Price should not be getting under 3560 for a while. My target from the previous structure is around 3900 depending on how much time it takes. A safer entry would be after 3700 is held and a backtest of the previous channel (green line), yellow arrow path is expected as of now. Good luck and good trading

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Up to yesterday's resistance zone, may pullback a bit.

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breaking above resistance level

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retest of resistance - turned support - area, objective buy zone

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they reversed hard so it looks like we'll make one more low. Weekly BB is at 3491 and may be the target. I still think this week is the reversal.