Recent trades in S&P500
- Bought @ 3880 on 19 May 2022 /Sold @ 3980 on 23 May 2022
- Bought @ 3915 on 24 May 2022 /Sold (50%) @ 3962 on 25 May 2022.
Total points earned in S&P500: 147
Also, bought NASDAQ at 11810 on 23 May 2022/ booked at 12000 (in day trade). Again, bought @ 11800 on 24 May 2022 for target 12???.
S&P500 has closing basis support at 3850. If this level is not breached then a sizable uptrend is possible by Thursday wherein it may cross the 4000-mark.
Is short covering possible in Indian market on Wednesday & Thursday?