SP500 Analysis

if the price breaks below today's low we'll most likely get to the 3307 support level. We've got bullish divergence on the H1 timeframe indicating the price might resume its uptrend soon. Should the price drop to the mentioned support level, we'll be on the lookout for a trend reversal confirmation (double bottom) before opening long orders.

Alternatively, a break above 3478 will signal a continuation of the uptrend.