SXP500 Index: The birth of a new trend?
SXP500 Index: Today we are here to talk about the SXP500 index.
Today: The index is trading at 4500. In the last trading session, we saw the market move into the target zone, which we expected. Here is a link to the idea.
What's on the market now:
The market is in the phase of exiting the correction and trying to start a new trend. Our main task for today is also to keep positions opened from the level of 4450. If the market moves below 4450, then we will try to buy in the 4390 - 4330 zone.
What are we waiting for today:
Correction and movement above 4560 is possible on the market today. If the market fails to do this, then it is likely to move to the level of 43 90 - 43 30.
What I recommend:
If you want to open short:
I recommend opening short positions from the level of 4565, limiting the risks.
If you want to buy:
The zone for buying at 44 50 was yesterday and the day before yesterday. Today you need to defend your long positions.
The next buy price is 43 90-44 30.
And yes, 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 and don't forget to subscribe to my channel.
I post selected SPX 500 reviews every day, so check back tomorrow!
See you next time,
Bye!
Today: The index is trading at 4500. In the last trading session, we saw the market move into the target zone, which we expected. Here is a link to the idea.
What's on the market now:
The market is in the phase of exiting the correction and trying to start a new trend. Our main task for today is also to keep positions opened from the level of 4450. If the market moves below 4450, then we will try to buy in the 4390 - 4330 zone.
What are we waiting for today:
Correction and movement above 4560 is possible on the market today. If the market fails to do this, then it is likely to move to the level of 43 90 - 43 30.
What I recommend:
If you want to open short:
I recommend opening short positions from the level of 4565, limiting the risks.
If you want to buy:
The zone for buying at 44 50 was yesterday and the day before yesterday. Today you need to defend your long positions.
The next buy price is 43 90-44 30.
And yes, 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 and don't forget to subscribe to my channel.
I post selected SPX 500 reviews 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.