S&P500 Channel Up trading plan.US 500CAPITALCOM:US500TheCryptagonS&P500 / SPX continues to trade inside its 2 week Channel Up and now just hit its bottom with the 1hour RSI almost oversold. Buy as long as the 1hour MA200 holds and target 7600 (next 1.786 Fibonacci extension, a standard Higher High target). Sell if the 1hour MA200 breaks and target 7300 (potential contact with 4hour MA100 and -1.0 Fibonacci extension). Previous chart: Follow us, like the idea and leave a comment below!!