Today we are here to talk about the SXP500 index.
Today: The index is trading at 4182. In the last trading session, we saw the price stabilize. And market consolidation for the next big move.
What's on the market now:
Globally, the market moves to the 3780 zone. We are currently in a minor correction on the way to this move. With a possible local peak at 4290-4335
What are we waiting for today:
Today we are waiting for the price to stabilize and an attempt to move the market to the level of 4315. But if this plan is canceled, then there will be a possibility of a sharp price movement to the level of 4100.
What I recommend:
If you want to open short:
short positions above 4295 , limit your losses.
If you want to buy:
Long positions are possible from the 4200 level. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below and 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.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time!
Today: The index is trading at 4182. In the last trading session, we saw the price stabilize. And market consolidation for the next big move.
What's on the market now:
Globally, the market moves to the 3780 zone. We are currently in a minor correction on the way to this move. With a possible local peak at 4290-4335
What are we waiting for today:
Today we are waiting for the price to stabilize and an attempt to move the market to the level of 4315. But if this plan is canceled, then there will be a possibility of a sharp price movement to the level of 4100.
What I recommend:
If you want to open short:
short positions above 4295 , limit your losses.
If you want to buy:
Long positions are possible from the 4200 level. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below and 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.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time!
