Today we are here to talk about the SXP 500 index.
Today: The index is trading at 4300. In the last trading session, we saw a sharp move up, due to the decision of the US Federal Reserve. Although I could imagine something like this. And yet it was very powerful. Link to idea below.
What's on the market now:
Now the market is experiencing growth caused by the decision of the Fed. And I think the peak of growth will be around 4350.
What are we waiting for today:
Today the price may rise to 43 35 on positive news from the FRS and continue its correction from there.
What I recommend:
If you want to open short:
Open short positions above 43 35, limit your losses.
If you want to buy:
From Long positions are possible with rollbacks 42 25, 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.
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See you next time.