SXP500 Index! waterfall.
Today we are here to talk about the SXP500 index.
Today: The index is trading at 4200. In the last trading session, we saw a drop in price and a correction that we did not expect before.
What's on the market now:
Globally, the market moves to the 3780 zone. And yesterday it formed a local bottom at the price of 4170.
What are we waiting for today:
Today we expect further movement towards 4100 . However, the probability of price movement to the level of 42 50 remains.
What I recommend:
If you want to open short:
Open short positions above the level of 4315, limit your losses.
If you want to buy:
It is better to refrain from opening long positions.
If you want to ask a question about an idea:
If you would like to get more info, 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 4200. In the last trading session, we saw a drop in price and a correction that we did not expect before.
What's on the market now:
Globally, the market moves to the 3780 zone. And yesterday it formed a local bottom at the price of 4170.
What are we waiting for today:
Today we expect further movement towards 4100 . However, the probability of price movement to the level of 42 50 remains.
What I recommend:
If you want to open short:
Open short positions above the level of 4315, limit your losses.
If you want to buy:
It is better to refrain from opening long positions.
If you want to ask a question about an idea:
If you would like to get more info, 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!
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.