Tripple Low with Positive Divergence on the S&P Index.

If the top of that bullish engulfing candle breaks we may be in for a possible retracement to the upside. Right now the S&P is sitting at a very nice support zone that held last week on September 12 very nicely. The location of this reversal price action pattern is absolutely perfect. Bullish momentum will be confirmed IF ad only IF the top of that bullish bar breaks to the upside. You all know I absolutely love to see double and triple divergence and this is a great example.