SXP500 Index: Now there are few buyers in the market.
Today we're here to talk about the SPX 500 index
Today: The index is trading at 3735 and in the last trading session we saw a movement to the target zone of 3700. Here is a link to the idea. However I believe the market has not reached its bottom yet. Sales are still possible on the market.
Today we are waiting:
Today we are waiting for an attempt to move to the level of 3650. Although the market shows signals for a reversal, there are still very few buyers.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 3850, limit your losses.
If you want to buy:
Long positions are prohibited.
If you are not in the market:
You can try to go short on the 3850 pullback or wait until the market bottoms around 3650-3630 and then buy.
Like and subscribe, thanks!
Also remember to contact me in 2 or 3 days for further trading advice.
Don't forget to like it, it really motivates me to share my market knowledge.
See you next time!
Bye!
Today: The index is trading at 3735 and in the last trading session we saw a movement to the target zone of 3700. Here is a link to the idea. However I believe the market has not reached its bottom yet. Sales are still possible on the market.
Today we are waiting:
Today we are waiting for an attempt to move to the level of 3650. Although the market shows signals for a reversal, there are still very few buyers.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 3850, limit your losses.
If you want to buy:
Long positions are prohibited.
If you are not in the market:
You can try to go short on the 3850 pullback or wait until the market bottoms around 3650-3630 and then buy.
Like and subscribe, thanks!
Also remember to contact me in 2 or 3 days for further trading advice.
Don't forget to like it, it really motivates me to share my market knowledge.
See you next time!
Bye!
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