SXP500 Index: Correction will end in 2-3 days?
Today we are here to talk about the SXP500 index.
Today: The index is trading at 44 12. We saw a sharp down move in the last trading session. The link is in the description, there I mess this up by posting the idea on Sunday and it didn't take into account the trade of Asia and Europe, so it's not accurate.
What's on the market now:
The market has come out of the phase of uncertainty. And it entered the stage of deep correction. Currently, the market is developing a correction, the end of which will be at the level of 43 50 - 42 85
What are we waiting for today:
Today we are waiting for price stabilization and then the market movement towards 4330.
What I recommend:
If you want to open short:
Opening short positions is possible on a rollback
If you want to buy:
It is better to refuse from purchases, a sharp price movement to the zone 43 30 is possible
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.
I hope these tips were helpful to you, let me know in the comments below. don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time,
Bye!
Today: The index is trading at 44 12. We saw a sharp down move in the last trading session. The link is in the description, there I mess this up by posting the idea on Sunday and it didn't take into account the trade of Asia and Europe, so it's not accurate.
What's on the market now:
The market has come out of the phase of uncertainty. And it entered the stage of deep correction. Currently, the market is developing a correction, the end of which will be at the level of 43 50 - 42 85
What are we waiting for today:
Today we are waiting for price stabilization and then the market movement towards 4330.
What I recommend:
If you want to open short:
Opening short positions is possible on a rollback
If you want to buy:
It is better to refuse from purchases, a sharp price movement to the zone 43 30 is possible
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.
I hope these tips were helpful to you, let me know in the comments below. don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time,
Bye!
Related publications
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.