S&P 500 Index Analytics on 10/13/22:
Today we’re here to talk about the S&P 500 Index.
What’s on the market now:
Today the index is trading at 3577. Yesterday the index was in a neutral position, however, I still expect the index to try to rise to the level of 3675. But if this attempt is broken, we will see a sharp fall in the index to the 3500 zone.
What today:
My expectations for today remain the same. Today, the market still has the possibility of a return correction to the level of 3665. However, globally the market goes to the level of 3500 and below.
Here are my trading recommendations for today 10/13/22
What I recommend:
- If you want to open short:
Short positions are possible from the level of 3675, this would be an ideal place to sell today, limit your losses. - If you want to buy:
Long positions are prohibited, there is a possibility of a sharp fall to the level of 3500, limit your losses. - If you are not in the market:
Long positions are possible from the 3465-3500 level. If you want to open a short position, then it is better to do it from the level of 3675, limit your losses.
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