S&P500 INDEX (SPY): Your Trading Plan

S&P500 Index is currently testing a key daily structure support.

To buy the market with a confirmation, watch a double bottom pattern on 4H time frame.
4487 level is the upper boundary of its neckline.
If the price breaks and closes above that on a 4H, it will be a strong bullish signal.
A bullish movement will be expected 4517 level then.

Alternatively, if the price sets a new lower low on a 4H, the setup will become invalid.

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