Today we're here to talk about the SPX 500 index
What's on the market now:
The index is trading at 3900. And in the last trading session, we saw a movement to the last bottom area, but the market held it. I expect that in the near future the market will try to rise to the level of 4125 - 4150
Today we are waiting:
Today we are waiting for an attempt to move to the level of 41 25 - 41 50.
What I recommend:
If you want to go short:
I recommend you go short above 4125, limit your losses.
If you want to buy:
Now is a good time to try to go Long, limit your losses to the last bottom.
If you aren't in the market:
Now is a good price to enter long to the level of 4125-4150, but if this plan is cancelled, then the market may sharply go to the level of 3825-3740.
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Also remember to contact me in 1 or 2 days for further trading advice.
See you next time!