We are waiting for level 3880. But many traders fail.

SP500 Technical Analysis ES1! futures S&P 500 Index 3-2-23

What’s on the market now:

Yesterday we saw a decrease in the index and an attempt to turn, which I mentioned earlier. However, this attempt was very weak, and the index continued its fall. Now the market goes to the level 3880. I expect it to be until March 6-7.

If you haven’t seen yesterday’s index analytics, you can check it here.

ES1! SPX 500 Index 03-02-23 4h -1

What today:

Today, at the opening of the market, I expect the index will fall to the level of 3890. At this level I expect stabilization in motion.

ES1! SPX 500 Index 03-02-23 1h

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