Today we are here to talk about the SXP500 index.
Today: The index is trading at 4462. In the last trading session, we saw a sharp rise in prices to the level of 4485, which I mentioned earlier here is a link to the idea.
What's on the market now:
The market continues to develop lateral movement. Perhaps there is a good place to enter the market.
What are we waiting for today:
Today we are waiting for the market to try to rise above 44 85. And then the subsequent stabilization of the price to the level of 44 15.
What I recommend:
If you want to open short:
I recommend going short above 44 85, limit your risks
If you want to buy:
Long positions are possible below 44 15. Limit your losses to the last low.
If you want to ask a question about an idea:
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Bye!