Today we are here to talk about the SPX500 index.
What's on the market now:
The index is trading at 40 13. And in the last trading session, we saw the price stabilize, as I expected earlier, here is a link to the idea. Globally, the index is moving towards the level of 3830 - 3780.
What are we waiting for today:
Today we expect a decline to the level of 39 00, and then an attempt to rise to 4100. If the movement to 41 00 is canceled, then we expect a sharp move to the 37 80 zone
What I recommend:
If you want to open short:
I recommend you go short above 4100. If you want to avoid risk, going short above 4145 seems to me the safest.
If you want to buy:
Long positions are possible from the 3910 level, limit your losses.
If you outside the market:
You can sell above 4100 or wait until the market bottoms around 3820-3780.
Like and subscribe, thanks!
Also remember to contact me in 1 or 2 days for further trading advice.
See you next time!
What's on the market now:
The index is trading at 40 13. And in the last trading session, we saw the price stabilize, as I expected earlier, here is a link to the idea. Globally, the index is moving towards the level of 3830 - 3780.
What are we waiting for today:
Today we expect a decline to the level of 39 00, and then an attempt to rise to 4100. If the movement to 41 00 is canceled, then we expect a sharp move to the 37 80 zone
What I recommend:
If you want to open short:
I recommend you go short above 4100. If you want to avoid risk, going short above 4145 seems to me the safest.
If you want to buy:
Long positions are possible from the 3910 level, limit your losses.
If you outside the market:
You can sell above 4100 or wait until the market bottoms around 3820-3780.
Like and subscribe, thanks!
Also remember to contact me in 1 or 2 days for further trading advice.
See you next time!
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