Today we are here to talk about the SXP500 index.
Today: The index is trading at 44 12. We saw a sharp down move in the last trading session. The link is in the description, there I mess this up by posting the idea on Sunday and it didn't take into account the trade of Asia and Europe, so it's not accurate.
What's on the market now:
The market has come out of the phase of uncertainty. And it entered the stage of deep correction. Currently, the market is developing a correction, the end of which will be at the level of 43 50 - 42 85
What are we waiting for today:
Today we are waiting for price stabilization and then the market movement towards 4330.
What I recommend:
If you want to open short:
Opening short positions is possible on a rollback
If you want to buy:
It is better to refuse from purchases, a sharp price movement to the zone 43 30 is possible
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.
I hope these tips were helpful to you, let me know in the comments below. don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time,
Bye!
Today: The index is trading at 44 12. We saw a sharp down move in the last trading session. The link is in the description, there I mess this up by posting the idea on Sunday and it didn't take into account the trade of Asia and Europe, so it's not accurate.
What's on the market now:
The market has come out of the phase of uncertainty. And it entered the stage of deep correction. Currently, the market is developing a correction, the end of which will be at the level of 43 50 - 42 85
What are we waiting for today:
Today we are waiting for price stabilization and then the market movement towards 4330.
What I recommend:
If you want to open short:
Opening short positions is possible on a rollback
If you want to buy:
It is better to refuse from purchases, a sharp price movement to the zone 43 30 is possible
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.
I hope these tips were helpful to you, let me know in the comments below. don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time,
Bye!
