Analyst of the spx 500 index on 04/07/22, today we are here to talk about the SPX 500 index
What's on the market now:
The index is trading at 3825. In the last trading session, the market began to move up, but in essence the market has stabilized. Now market participants need to choose a general trend in the direction of which the new trend will develop. Currently, the market is at a point of equilibrium and is clearly waiting for new trading ideas.
I expect the market to move to the level of 4000 and above.
Today we are waiting:
In the current trading session, I expect the market to move towards the level of 3900. But if this trend is broken, then a sharp movement of the market to the level of 3650 is possible.
What I recommend:
If you want to go short:
Short positions are prohibited.
If you want to buy:
You can enter the market, but there remains the possibility of a sharp downward movement of the index.
If you are not in the market:
If you are out of the market. I recommend that you try to go short around 4125.
If you want to buy, you can buy from the market, but limit your losses. It is important to remember that if this new upward trend breaks, we will see a sharp drop in the index to the level of 3550 - 3480.
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. Subscribe to me and you will always be aware of the movement of the SPX 500 index.
See you next time!
Bye!
What's on the market now:
The index is trading at 3825. In the last trading session, the market began to move up, but in essence the market has stabilized. Now market participants need to choose a general trend in the direction of which the new trend will develop. Currently, the market is at a point of equilibrium and is clearly waiting for new trading ideas.
I expect the market to move to the level of 4000 and above.
Today we are waiting:
In the current trading session, I expect the market to move towards the level of 3900. But if this trend is broken, then a sharp movement of the market to the level of 3650 is possible.
What I recommend:
If you want to go short:
Short positions are prohibited.
If you want to buy:
You can enter the market, but there remains the possibility of a sharp downward movement of the index.
If you are not in the market:
If you are out of the market. I recommend that you try to go short around 4125.
If you want to buy, you can buy from the market, but limit your losses. It is important to remember that if this new upward trend breaks, we will see a sharp drop in the index to the level of 3550 - 3480.
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. Subscribe to me and you will always be aware of the movement of the SPX 500 index.
See you next time!
Bye!
