S&P500 H1 | Bullish Bounce off Key SupportS&P 500 Index CashTRADU:SPX500TraduMomentum: Bullish Price is currently within the bullish ichimoku cloud. Buy entry: 6,817 - Strong overlap support - 23.6% Fib retracement - 127.2% Fib extension Stop Loss: 6,774 - Swing low support Take Profit: 6,874 - Swing high resistance Stratos Markets Limited (tradu.com/uk ), Stratos Europe Ltd (tradu.com/eu ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com/en ): Losses can exceed deposits.