SNP500 index: Market red lines - we are close.
Today we are here to talk about the S&P500 index.
Today: The index is trading at 4520. And in the last trading session, we saw a slight upward move.
What's on the market now:
As I said earlier, there is a positive mood in the market globally. But in the near future, a serious correction will begin to be observed in the market. Caused by profit taking.
What are we waiting for today:
The market will continue to move the price of 4550 points - 4620. Moreover, the price of 4550 is critical. Above this price, you can look for opportunities and go short.
What I recommend:
1. If you want to open short:
I continue to recommend that you open shorts from 45 50 and above. At the same time reasonably limiting your risks.
If you are now out of the market, then I also recommend that you stay out of the market for now and continue to watch, wait for a peak near 45 50 - 46 29. And look for a place to enter short.
If you want to buy:
2. At the moment it is better to refuse the purchase.
If there are shares and a desire, then you should moderately sell them and take profits.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to 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.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Bye!
Today: The index is trading at 4520. And in the last trading session, we saw a slight upward move.
What's on the market now:
As I said earlier, there is a positive mood in the market globally. But in the near future, a serious correction will begin to be observed in the market. Caused by profit taking.
What are we waiting for today:
The market will continue to move the price of 4550 points - 4620. Moreover, the price of 4550 is critical. Above this price, you can look for opportunities and go short.
What I recommend:
1. If you want to open short:
I continue to recommend that you open shorts from 45 50 and above. At the same time reasonably limiting your risks.
If you are now out of the market, then I also recommend that you stay out of the market for now and continue to watch, wait for a peak near 45 50 - 46 29. And look for a place to enter short.
If you want to buy:
2. At the moment it is better to refuse the purchase.
If there are shares and a desire, then you should moderately sell them and take profits.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to 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.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Bye!
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