#SPY OR SPX500 OR S&P500 ANALYSIS FOR MARCH 2021
Hello Traders,
Welcome to March 2021,
It has been quite the mixed start in the markets especially with the huge sell-off in the Technology sector. This has
alerted us to activity taking place in the market and we've decided to see if it's really a turn for a BEARISH Stock Market but it doesn't
seem that we are there yet. After the week of predominant sell off in the markets, we've spotted the S&P Index for a Buy opportunity.
As of now, this week seems to be in corrective mode after February's buying, so we shall see next week onwards if bullish action
continues above $3900 and higher.
SPX
The Trading Regime.
Always trade ONLY with what you are ok to lose. Recommend max 3% of account balance per trade, 10% total account exposure.
DISCLAIMER: Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, clients may lose more than their original investment. ... All trading strategies are used at your own risk.
Welcome to March 2021,
It has been quite the mixed start in the markets especially with the huge sell-off in the Technology sector. This has
alerted us to activity taking place in the market and we've decided to see if it's really a turn for a BEARISH Stock Market but it doesn't
seem that we are there yet. After the week of predominant sell off in the markets, we've spotted the S&P Index for a Buy opportunity.
As of now, this week seems to be in corrective mode after February's buying, so we shall see next week onwards if bullish action
continues above $3900 and higher.
SPX
The Trading Regime.
Always trade ONLY with what you are ok to lose. Recommend max 3% of account balance per trade, 10% total account exposure.
DISCLAIMER: Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, clients may lose more than their original investment. ... All trading strategies are used at your own risk.