SXP500 Index! waterfall.

Today we are here to talk about the SXP500 index.

Today: The index is trading at 4200. In the last trading session, we saw a drop in price and a correction that we did not expect before.

What's on the market now:
Globally, the market moves to the 3780 zone. And yesterday it formed a local bottom at the price of 4170.

What are we waiting for today:
Today we expect further movement towards 4100 . However, the probability of price movement to the level of 42 50 remains.

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:
It is better to refrain from opening long positions.

If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
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