Today we are here to talk about the S&P500 index.
Today: The index is trading at 46 13. And in the last trading session, we saw an increase in prices. However, the index has not reached peak yet, here is a link to the idea.
What's on the market now:
As I said earlier, there is a positive mood in the global market. But now the market is almost at its peak.
And today we have only level, where I am sure that this growth will end. However, it is already possible to open short positions if desired, while reasonably limiting your losses.
What are we waiting for today:
Today we are waiting for price stabilization and further market movement to the price of 46 53.
What I recommend:
If you want to open short:
To open shorts at a price of 46 50, this level seems to me the safest. But any price around 4630 is good for a short position.
If you are now out of the market, then I also recommend that you stay out of the market for now and continue to watch, wait for the peak of 46 30 - 46 53. And open a short position there, while reasonably limiting your risks.
If you want to buy:
You can not buy, there are a lot of risks.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to 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 and don't forget to subscribe to my channel.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Bye!
Today: The index is trading at 46 13. And in the last trading session, we saw an increase in prices. However, the index has not reached peak yet, here is a link to the idea.
What's on the market now:
As I said earlier, there is a positive mood in the global market. But now the market is almost at its peak.
And today we have only level, where I am sure that this growth will end. However, it is already possible to open short positions if desired, while reasonably limiting your losses.
What are we waiting for today:
Today we are waiting for price stabilization and further market movement to the price of 46 53.
What I recommend:
If you want to open short:
To open shorts at a price of 46 50, this level seems to me the safest. But any price around 4630 is good for a short position.
If you are now out of the market, then I also recommend that you stay out of the market for now and continue to watch, wait for the peak of 46 30 - 46 53. And open a short position there, while reasonably limiting your risks.
If you want to buy:
You can not buy, there are a lot of risks.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to 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 and don't forget to subscribe to my channel.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Bye!
