Today we are here to talk about the SXP500 index.
Today: The index is trading at 41 23. And in the last trading session, we saw the price stabilize. However, the market is moving towards the level of 3850
What's on the market now:
As I said earlier, there is a negative mood in the market globally and now the market is moving to a local bottom in the 3850 area.
What today::
We expect a sharp move towards 3850.
What I recommend:
If you want to open short:
I continue to recommend that you open shorts around 4250. But if you would like to avoid risk, short above 4335 seems to me the safest.
However, the most speculative players can open short the market on pullbacks while limiting your risk.
If you want to buy:
I strongly recommend not to buy yet due to the possibility of a sharp correction to 3850.
And yes, 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.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
Like it and subscribe, thanks!
See you next time.
Today: The index is trading at 41 23. And in the last trading session, we saw the price stabilize. However, the market is moving towards the level of 3850
What's on the market now:
As I said earlier, there is a negative mood in the market globally and now the market is moving to a local bottom in the 3850 area.
What today::
We expect a sharp move towards 3850.
What I recommend:
If you want to open short:
I continue to recommend that you open shorts around 4250. But if you would like to avoid risk, short above 4335 seems to me the safest.
However, the most speculative players can open short the market on pullbacks while limiting your risk.
If you want to buy:
I strongly recommend not to buy yet due to the possibility of a sharp correction to 3850.
And yes, 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.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
Like it and subscribe, thanks!
See you next time.
