S&P500: Bottom is close to the 1D MA100. Be ready to buy this.US 500CAPITALCOM:US500InvestingScopeS&P500 just turned bearish on its 1D technical outlook (RSI = 43.037, MACD = 10.020, ADX = 22.686) as it reversed the early gains and is currently on Friday's low levels, getting closer to the 1D MA100. That is the strongest support level in the last 40 days and according to the 1H RSI, the index may be close to a bottom. The 1H Death Cross typically prices the low on this pattern and we expect a reversal starting tomorrow. Go long and target the LH trendline (TP = 6,120). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##