S&P500 New 1 month rally started.

The S&P500 closed on top of the MA200 (1D) and is having an impressive rally today.
This is very much alike the start of the previous two rallies since the Bear Cycle bottomed.
The pattern is a Channel Up.

Trading Plan:
1. Buy on the current market price as it closed on top of the MA50 (1D).

Targets:
1. 4140 (bottom of Resistance Zone 1).
2. 4300 (under Resistance 2 and a +11% rise), assuming a pull-back takes place first on the MA50 (1D).

Tips:
1. A Buy Cross is emerging on the MACD (1D) and will confirm the uptrend.

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