SPX MAY 2024 WEEK 2 OUTLOOK -

6 mag

Daily - bullish. a couple of days consolidation seems to be on the cards for SPX before another leg up. as long as it stays above 5099, we are bullish and looking to get involved in longs.
Origin - bullish but in need of pullback. **5074.22 - 5115.46** is the key zone to look out for. we would like the price to come inside this area and then get absorbed. once that happens, we can drop down to trigger TF and look to get involved.