S&P500: All eyes on this Support.US 500 IndexPEPPERSTONE:US500InvestingScopeS&P500 has turned neutral on its 1D technical outlook (RSI = 46.915, MACD = 4.060, ADX = 17.602) as it is about to test the S1 Zone, having invalidated the 1 month Channel Up. Given the oversold 4H RSI, a bounce here is likely. Selling is valid only below the S1 Zone, in which case, expect S2 to be tested (TP = 7,300). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##