Indeks S&P 500
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SXP500 Index: Correction will end in 2-3 days?

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Today we are here to talk about the SXP500 index.

Today: The index is trading at 44 12. We saw a sharp down move in the last trading session. The link is in the description, there I mess this up by posting the idea on Sunday and it didn't take into account the trade of Asia and Europe, so it's not accurate.

What's on the market now:
The market has come out of the phase of uncertainty. And it entered the stage of deep correction. Currently, the market is developing a correction, the end of which will be at the level of 43 50 - 42 85

What are we waiting for today:
Today we are waiting for price stabilization and then the market movement towards 4330.

What I recommend:
If you want to open short:
Opening short positions is possible on a rollback

If you want to buy:
It is better to refuse from purchases, a sharp price movement to the zone 43 30 is possible

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See you next time,
Bye!

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