spx500 trade idea

The S&P index is at a very interesting area currently so we will be waiting to see how price will react from this level. While it is currently at a very strong supply zone which has been rejected off of a couple of times, I can also spot a very clear inverse head and shoulder pattern which is telling us that price wants to push up past this very strong zone. But we will lay in wait and see what the markets decides to done and trade accordingly.