Today we are here to talk about the SXP 500 index.
Today: The index is trading at 4155. In the current trading session, we saw a sharp drop, which we so happily made up for yesterday. Unfortunately, I didn't manage to catch the peak at 43 35 that I was expecting. In addition, I entered the market at 42 24 and exited at 41 77. At the same time, I received a loss of -1.125%
What's on the market now:
The situation is very complicated, there is a lot of volatility, as we can see. Personally, I need a calmer market to make trading decisions.
What are we waiting for today:
We are waiting for price stabilization and its arrival in one of the target zones. Currently, trading in the market is too risky.
What I recommend:
If you want to open short:
Short: abve 43 35, limit your losses.
If you want to buy:
Long - below 3995, limit your losses.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Like it and subscribe, thanks!
See you next time.
Today: The index is trading at 4155. In the current trading session, we saw a sharp drop, which we so happily made up for yesterday. Unfortunately, I didn't manage to catch the peak at 43 35 that I was expecting. In addition, I entered the market at 42 24 and exited at 41 77. At the same time, I received a loss of -1.125%
What's on the market now:
The situation is very complicated, there is a lot of volatility, as we can see. Personally, I need a calmer market to make trading decisions.
What are we waiting for today:
We are waiting for price stabilization and its arrival in one of the target zones. Currently, trading in the market is too risky.
What I recommend:
If you want to open short:
Short: abve 43 35, limit your losses.
If you want to buy:
Long - below 3995, limit your losses.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Like it and subscribe, thanks!
See you next time.
