Long

S&P500 This pull back is an excellent buy opportunity.

S&P500 is pulling back intraday but remains over the MA50 (1d).
The bullish trend is intact and is being guided by this long term Channel Up since the 2022 bottom.
The price is right nowjust over the 0.382 Fib Channel level, which isn't overbought by any means.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 6000 (the 0.618 Fib level).

Tips:
1. The RSI (1d) is about to touch its Rising Support, a pattern very similar to the March - June 2023 Rising Support. The two fractals look identical even on price terms. This also indicates a continuation of the bullish trend.

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