SPX 500 index: Local peak is close.
Today we're here to talk about the SPX 500 index
What's on the market now:
The index is trading at 40 88. And in the last trading session we saw a move to 41 00 which I mentioned earlier, here's a link to the idea.
Today we are waiting:
Today we are waiting for a movement to the level 41 25, but before that the market can still visit the level 39 60
What I recommend:
If you want to go short:
I recommend you go short above 4125, limit your losses.
If you want to buy:
Long positions are possible from below 3960, limit your losses.
If you are not in the market:
You need to wait for the next bottom or peak. You can go short above 4125 or buy below 3960.
Like and subscribe, thanks!
Also remember to contact me in 1 or 2 days for further trading advice.
See you next time!
What's on the market now:
The index is trading at 40 88. And in the last trading session we saw a move to 41 00 which I mentioned earlier, here's a link to the idea.
Today we are waiting:
Today we are waiting for a movement to the level 41 25, but before that the market can still visit the level 39 60
What I recommend:
If you want to go short:
I recommend you go short above 4125, limit your losses.
If you want to buy:
Long positions are possible from below 3960, limit your losses.
If you are not in the market:
You need to wait for the next bottom or peak. You can go short above 4125 or buy below 3960.
Like and subscribe, thanks!
Also remember to contact me in 1 or 2 days for further trading advice.
See you next time!
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