Today we're here to talk about the SPX 500 index
Today: The index is trading at 3900 and in the last trading session we saw a sharp drop from the local maximum. Here's the link I mentioned earlier. Now is the worst time to buy in the market. The market is in for a huge sale.
Today we are waiting:
Today we are waiting for an attempt to move to the level of 37 50 - 38 00.
What I recommend:
If you want to go short:
Short positions are better to open on the market, but limit your losses.
If you want to buy:
Longs is prohibited. Positions must be liquidated.
If you are not in the market:
You can try to go short or wait until the market bottoms around 3550-3500 and then buy.
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Bye!