SP500 Technical Analysis ES1! futures S&P 500 Index 4-18-23
Today’s Market Overview:
Yesterday, we observed a decline in the index in the first half of the day, followed by a sharp rise towards the end of the trading session. This trading situation did not allow the market to drop to the level of 4070, and as a result, I cannot increase my positions from this level.
Thus, the market is now in a positive zone with a target of reaching the level of 4310. Unfortunately, yesterday’s correction did not fully materialize. However, for the past four weeks, I have been telling you that the market is positive, and I am trying to increase my positions during pullbacks.
What to expect today:
Today, at the market opening, I expect the index to attempt to stabilize before continuing its upward trend. During the trading day, the index will continue to grow towards the 4250 mark.
Give me a thumbs up if you agree with today’s trading idea. Also, remember to contact me in 2-3 days for further trading advice. If you have any questions about my analytics and trading logic, I recommend reading the FAQ. Please share a link to my blog to help promote it. Follow me on Twitter to stay up-to-date on the S&P 500 index. Additionally, visit my About Me page to get to know me better.
