The second Gartley that appears in the S&P 500 these days...! I just saw it so i didn't took the trade... But i thought i should mention it to be aware maybe for a third one! Lets see how this one is going to work..! :) The first did very well..!
Whenever SP 500 reached its historical maximum , it drops sharply and starts to grow again towards historic highs ,
We will see New All Time Highs in Global Markets Very Soon, (FTSE, Nifty are strongest indexes currently) Top 4 Reasons... 1. 60$ oil by June 2. Q E by Major Central Banks 3. Delay in Further Rate Hikes 4. Accumulation on Dips
For reference only. Time will tell what will happen in the next couple of weeks.
H1: We have an H1 original demand zone below (yellow box) 15MIN : There is a 15min original demand zone inside of an H1 zone (green box) TP1: 1:1 R/R Good luck! twitter.com
Looks like SPY wants to go to 208 based on measuring height of double bottom coil and trend line at 208 If SPY breaks out above 203 to the upside 205 then 208 could be targets RISK DISCLAIMER Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk...
Fibonacci target 1,618 achieved. Now correction! Short. Buy stocks at 1550-1600 or at 1250. If this curve becomes true, inflation will turn into hyper inflation!
Triangle is closing. Was the best buying chance in Feb or is it still coming? I think we aren't going higher than 2100 anymore
THE END OF THE 2ND BAT / W? - .786 fib retracement from our highs since the 225 tick move down in August (2116.75) - Top of our "tidy channel" - Smaller green candles each rising day shows weakning momentum, doji showing indecision - Loads of price action between 2100 and 1800: - As of now, short at the top of this channel, long at the bottom, unbiased in the...