Triggered Buy Entry on S&P 500

The S&P 500 hit its confirmed buy entry at 3993.60 yesterday, with strong overhead resistance near the 4100 level. If the index can sustain a break above 4100, we may see a continuation of the rebound. If the S&P rejects this level and moves lower, we will watch for a continuation of the downtrend toward the 3800-3900 support zone.