SXP500 Index: Down one step.
Today we are here to talk about the SXP500 index.
Today:
The index is trading at 4459. In the last trading session, we saw the price rise to the level of 44 85, which I mentioned earlier here is a link to the idea.
What's on the market now:
The market is in lateral movement. Yesterday it formed a local peak at the price of 44 85.
What are we waiting for today:
Today we are waiting for the market to stabilize and move to the level of 44 15. However, there is still a possibility of the price moving to the level of 45 35.
What I recommend:
If you want to open short:
It's too late to open short positions. This should have been done yesterday at 44 85 and above.
If you want to buy:
Long positions are possible below 44 15. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, please do not hesitate to contact me in the comments below.
And 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!
See you next time!
Today:
The index is trading at 4459. In the last trading session, we saw the price rise to the level of 44 85, which I mentioned earlier here is a link to the idea.
What's on the market now:
The market is in lateral movement. Yesterday it formed a local peak at the price of 44 85.
What are we waiting for today:
Today we are waiting for the market to stabilize and move to the level of 44 15. However, there is still a possibility of the price moving to the level of 45 35.
What I recommend:
If you want to open short:
It's too late to open short positions. This should have been done yesterday at 44 85 and above.
If you want to buy:
Long positions are possible below 44 15. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, please do not hesitate to contact me in the comments below.
And 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!
See you next time!
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