S&P 500 index: Goes to the level of 3600, sell on rollbacks.
Analysis of the spx 500 index 11/10/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What’s on the market now:
Today the index is trading at 3748. As we saw yesterday, the market fell to the level of 3750, which I wrote about earlier. Today, at the open, I expect the index to roll back to the level of 3820 – 3800. However, if there are large volumes on the market, the index may fall sharply to the level of 3660-3630.
What I'm looking forward to today:
Today, I expect an attempt to roll back the index to the 3800 zone, however, if this attempt is broken, then the market will fall to the level of 3660-3630. But here it is important to remember that, as I said earlier, globally, the market goes to the level of 3440.
Here are my trading recommendations for today.
What I recommend
If you want to go short:
Short positions are possible on a rollback from the level of 3800-3820.
If you want to go long:
Long positions are prohibited.
If you are out of the market:
Today long positions are prohibited. If you want to open a short position, then it is better to do it on a rollback from the level of 3800-3820, limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
See you next time!
Bye!
And so let's see what happened to the index over the past day.
What’s on the market now:
Today the index is trading at 3748. As we saw yesterday, the market fell to the level of 3750, which I wrote about earlier. Today, at the open, I expect the index to roll back to the level of 3820 – 3800. However, if there are large volumes on the market, the index may fall sharply to the level of 3660-3630.
What I'm looking forward to today:
Today, I expect an attempt to roll back the index to the 3800 zone, however, if this attempt is broken, then the market will fall to the level of 3660-3630. But here it is important to remember that, as I said earlier, globally, the market goes to the level of 3440.
Here are my trading recommendations for today.
What I recommend
If you want to go short:
Short positions are possible on a rollback from the level of 3800-3820.
If you want to go long:
Long positions are prohibited.
If you are out of the market:
Today long positions are prohibited. If you want to open a short position, then it is better to do it on a rollback from the level of 3800-3820, limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
See you next time!
Bye!
Comment:
Whoever did it, it was done in all markets. good job!
planet +3%
in 10 seconds!
planet +3%
in 10 seconds!
It's better to step aside for now.
The current market review is incorrect.