Today we are here to talk about the S&P500 index.
Today: The index is trading at 45 43. And in the last trading session, we saw an increase in prices. However, we have not yet reached the peaks.
What's on the market now:
As I said earlier, there is a positive mood in the market globally. However, now the market is approaching the peak of its growth, but still has not reached. As the market approaches the top, it becomes clearer to me the purpose of the end of the increase.
Today I have allocated 2 levels for you where I think growth will end.
Earlier I said that the market goes to the area of 45 50 - 46 53. But today I only increased the top level. And now I recommend that you wait for prices around 4630
What are we waiting for today:
We are waiting for further movement to 4620 - 46 53. Perhaps a sharp gap at the opening.
What I recommend:
If you want to open short:
Now I recommend that you open shorts around 46 20 - 4653. But if you would like to avoid risk, short entry above 4630 seems to me the safest.
If you are now out of the market, then I also recommend that you stay out of the market for now and continue to watch, wait for the peak of 46 30 - 46 53. And open a short position there, while reasonably limiting your risks.
If you want to buy:
I strongly recommend not to open long positions yet because of the possibility of a sharp correction.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful, let me know in the comments below and don't forget to subscribe to my channel.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Bye!
Today: The index is trading at 45 43. And in the last trading session, we saw an increase in prices. However, we have not yet reached the peaks.
What's on the market now:
As I said earlier, there is a positive mood in the market globally. However, now the market is approaching the peak of its growth, but still has not reached. As the market approaches the top, it becomes clearer to me the purpose of the end of the increase.
Today I have allocated 2 levels for you where I think growth will end.
Earlier I said that the market goes to the area of 45 50 - 46 53. But today I only increased the top level. And now I recommend that you wait for prices around 4630
What are we waiting for today:
We are waiting for further movement to 4620 - 46 53. Perhaps a sharp gap at the opening.
What I recommend:
If you want to open short:
Now I recommend that you open shorts around 46 20 - 4653. But if you would like to avoid risk, short entry above 4630 seems to me the safest.
If you are now out of the market, then I also recommend that you stay out of the market for now and continue to watch, wait for the peak of 46 30 - 46 53. And open a short position there, while reasonably limiting your risks.
If you want to buy:
I strongly recommend not to open long positions yet because of the possibility of a sharp correction.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful, let me know in the comments below and don't forget to subscribe to my channel.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Bye!
I think it's better for you to look for places to open short positions above 46 00