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SPX - Potential bottom in place - observe 2776

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Morning traders,

We're witnessing a potential bottom forming.

Key points:

1) We broke the local 2766 resistance, watch for this to become support.
2) the "big" resistance zone will be 2776, this will be the tell
3) Indicators all support potential bottom bounce here
4) BIG money flowing back into semi's - somebody knows something

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ノート
If this area breaks re-test of low is in order - currently resisted @ mid bb on hourly ES1
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Looks like the bottom isnt in, would expect a gap down to 2740 on Monday if we close below 2754
ノート
2752~55 new resistance
ノート
If we close green today, safe to say short term bottom is in.
Technical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spx500long

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