The December E-Mini S&P 500 Futures (ES) is at anticipated support given the uptrend.
1916 through to 1882 forms the base from which the last price wave pushed higher. On October 2 the price fell to 1918.25, and is currently seeing a slight bounce off that level.
Figure 1. December E-Mini S&P 500 Futures (ES) Daily Chart
If betting on the trend continuing, this is the point to get long. The trend has been resilient, there's a bounce at anticipated trend support and at channel support as well. The anticipated target is near the high of the current channel, just beyond 2014.50.
So far, shorting VIX on spikes has paid off, as has buying dips to channel support in the S&P 500. As of yet there is no evidence to indicate switching strategies.
The trend will eventually change, and when it does there will be opportunities to the downside in the S&P, and ample time to capture them. For now though, S&P 500 futures remain in a bull market until proven otherwise.
It takes a drop below 1882 to draw the uptrend into question. If this scenario occurs, possible trades and implication will be addressed at that time.