SXP500 Index: Is there a green wind in the market?
Updated
Today we are here to talk about the SXP500 index.
Today: The index is trading at 44 25. In the last trading session, we saw price stabilization and a small return movement. Link to idea below.
What's on the market now:
The market is moving sideways and this is a good place to enter the market. Globally, the market may drop to the level of 44 30 - 42 50
What are we waiting for today:
Today we are waiting for a small correction to the level of 44 00, if the market reverses here, then the side correction to 44 85 will continue.
What I recommend:
If you want to open short:
I recommend open short from 44 85 - limit your risks
If you want to buy:
Speculative long positions are possible from the 4405 level. Limit your losses on the last low, but better open long below 4330.
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I post SPX 500 analytics every day, so check back tomorrow!
See you next time,
Bye!
Today: The index is trading at 44 25. In the last trading session, we saw price stabilization and a small return movement. Link to idea below.
What's on the market now:
The market is moving sideways and this is a good place to enter the market. Globally, the market may drop to the level of 44 30 - 42 50
What are we waiting for today:
Today we are waiting for a small correction to the level of 44 00, if the market reverses here, then the side correction to 44 85 will continue.
What I recommend:
If you want to open short:
I recommend open short from 44 85 - limit your risks
If you want to buy:
Speculative long positions are possible from the 4405 level. Limit your losses on the last low, but better open long below 4330.
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!
Note
Comment: High probability of a sharp price movement to the 43 30, limit your risks.
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