SXP500 Index! - Let's buy! (risky)
Updated
Today we are here to talk about the SXP500 index.
Today: The index is trading at 42 15. This time we saw a sharp fall in after the correction to the 4220 zone that we expected earlier, here is a link to the idea.
What's on the market now:
Globally, the market is moving towards the 3780 zone. But now a local correction with a local top at 4320 is possible. However, we still have an important level And yesterday it formed a local bottom at the price of 4200.
What are we waiting for today:
Now we are waiting for the market to try to rise above 43 15. However, the market still has the possibility of a sharp price movement to the level of 41 00.
What I recommend:
If you want to open short:
Open short positions above the level of 4315, limit your losses.
If you want to buy:
Long positions are possible from the 42 20 level. Limit your losses to the latest bottom at 42 00.
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 please 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 42 15. This time we saw a sharp fall in after the correction to the 4220 zone that we expected earlier, here is a link to the idea.
What's on the market now:
Globally, the market is moving towards the 3780 zone. But now a local correction with a local top at 4320 is possible. However, we still have an important level And yesterday it formed a local bottom at the price of 4200.
What are we waiting for today:
Now we are waiting for the market to try to rise above 43 15. However, the market still has the possibility of a sharp price movement to the level of 41 00.
What I recommend:
If you want to open short:
Open short positions above the level of 4315, limit your losses.
If you want to buy:
Long positions are possible from the 42 20 level. Limit your losses to the latest bottom at 42 00.
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 please 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!
Note
I'll leave the market at 4199.95… Market ready to move to 4080. Little chance, but we have to try.
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