S&P 500 Index Analytics: New data – local peak 4109 – 4138.

What’s on the market now:

Today the index is trading at the level of 4067. And yesterday we saw the growth of the index, which I mentioned earlier. The market reached the target zone that I expected. However, is still likely to rise to the level of 4109 – 4138. But as I expect this will be the last sharp increase. After that, the market will enter a correction stage with a level of 4000.

What today:

Today, at the opening, I expect the movement to stabilize. An attempt by the market to drop to the level of 4055. And then the market will continue to move towards the level of 4109-4138.

Here are my trading recommendations for today 09/12/22

What I recommend:

• If you want to open short:
  Short positions are possible from the level of 4109-4138, limit your losses.
• If you want to buy:
  Long positions are prohibited.
• If you are not in the market:
  Long positions are prohibited. You can open a long position from 3790. Short positions are possible above 4109-4138, limit your losses.
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KVATOO

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