S&P 500 Index Analytics on 10/02/22:
Today we’re here to talk about the S&P 500 Index.
What’s on the market now:
Today the index is trading at 3585. On Friday, we saw a sharp drop in the index. Also, the index could not rise to the level of 3760 and now the market is going to the level of 3500 – 3465, I wrote about this earlier.
What today:
My expectations for today remain the same. I expect that the market will go to the target zone 3500-3465.There is nothing to say here, only a slight correction in the morning is possible. Long positions are prohibited.
Here are my trading recommendations for today 10/02/22
What I recommend:
- If you want to open short:
You can go short the market, limit your losses. - If you want to buy:
Long positions are prohibited. There is a possibility of a sharp fall in the market, limit your losses. - If you are not in the market:
Long positions are possible from the level of 3465 – 3500, limit your losses. You can try to go short the market, but limit your losses.
Give me thumbs up. Also remember to contact me in 2 or 3 days for further trading advice. Also share a link to my blog, it will greatly help in its movement.
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