kvatoo_FX

SXP 500 index: Terribly terrible day. The shock is yet to come.

Short
SP:SPX   S&P 500 Index
Today we're here to talk about the SPX 500 index

Today: The index is trading at 3900 and in the last trading session we saw a sharp drop from the local maximum. Here's the link I mentioned earlier. Now is the worst time to buy in the market. The market is in for a huge sale.

Today we are waiting:
Today we are waiting for an attempt to move to the level of 37 50 - 38 00.
What I recommend:

If you want to go short:
Short positions are better to open on the market, but limit your losses.

If you want to buy:
Longs is prohibited. Positions must be liquidated.

If you are not in the market:
You can try to go short or wait until the market bottoms around 3550-3500 and then buy.

Like and subscribe, thanks!
Also remember to contact me in 2 or 3 days for further trading advice.
Don't forget to like it, it really motivates me to share my market knowledge.

See you next time!
Bye!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.