SPX 500 index analytics: Growth potential to 4100 remains.
Analyst of the spx 500 index on 07/19/22 Today we are here to talk about the SPX 500 index
What's on the market now:
The index is trading at 3830. The market has been in a sideways correction for the last 2 weeks, but I think this stabilization will end in the near future.
In the last trading session, we saw a small correction of the last growth, which began on July 14th. I believe that the current correction will not be long and the upward movement will continue in the near future.
What I'm waiting for:
I maintain a positive view of the market and expect it to move towards the level of 4100. At the same time, my trading recommendations remain unchanged.
What I recommend:
If you want to go short:
Short positions are prohibited.
If you want to buy:
Market buys are possible, but limit your losses.
If you are not in the market:
If you want to buy, you can buy from the market, but limit your losses. The market is developing a steady upward movement, which I spoke about earlier. However, as we can see, not all market participants support the uptrend. But in the coming days it will be decided.
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 3830. The market has been in a sideways correction for the last 2 weeks, but I think this stabilization will end in the near future.
In the last trading session, we saw a small correction of the last growth, which began on July 14th. I believe that the current correction will not be long and the upward movement will continue in the near future.
What I'm waiting for:
I maintain a positive view of the market and expect it to move towards the level of 4100. At the same time, my trading recommendations remain unchanged.
What I recommend:
If you want to go short:
Short positions are prohibited.
If you want to buy:
Market buys are possible, but limit your losses.
If you are not in the market:
If you want to buy, you can buy from the market, but limit your losses. The market is developing a steady upward movement, which I spoke about earlier. However, as we can see, not all market participants support the uptrend. But in the coming days it will be decided.
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!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.