The S&P 500 continues to track higher, and our view of looking to buy on pullbacks hasn't changed.

We are still looking to buy this market from support/value on pullbacks, and we can see that the 2212.00 to 2179.00 support zone is the nearest key support on the daily chart. Note that an inside pin bar pattern formed last Thursday with a modest breakout following on Friday.

We see the potential for this uptrend to continue, and traders not already long can keep looking for one-hour, four-hour or daily chart buy signal on any weakness down, ideally near the 21-day exponential moving average or previously mentioned support levels.

 
 
 

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.