The purpose of this chart is to show how retirement funds are drained once returns reach 20%. The reason this happens is because the purpose of the 401(k) is to prevent working people from ever reaching anything that resembles financial independence. From the time we begin our careers to the time that we reach retirement age, we are CONSTANTLY told that if we do...
Dear colleagues, I assume that the upward movement in the senior wave “3” will continue, but after a small correction, presumably to the area of 50% Fibonacci level 5117.0 . Then I assume the continuation of the upward movement to the resistance area 5282.3. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
We firmly believe that the major stock indexes have a very dire Macro outlook. We will not go into details here (see our other posts) but with the market heading for a downturn we thought it would be awesome to show other small retail investors (thats what we are) that there is nothing to fear. Well nothing to fear other than blowing up your account- we do not...
The S&P500 index is neutral on its 1D technical outlook (RSI = 44.135, MACD = 2.270, ADX = 26.567) despite the fact that it made a new All Time High, in fact turning the former R level into S. The uptrend is being supported by the 4H MA50 since the May 2nd breakout and the Channel Up presents a new low risk buy opportunity close to the 4H MA100, ideally when the...
Stocks Set to Open Higher as Investors Await FOMC Minutes and Nvidia Earnings Fed Governor Michelle Bowman stated on Friday that she expects inflation to remain elevated for "some time," but she also anticipates that price pressures will eventually diminish if interest rates are maintained at their current level. Bowman also reiterated that she would not rule...
SP500 Index NewForecast (Structure: Short ) The price has dropped and continues to do so as we predicted, aiming for a retest at 5302 and 5281. It has already reached 5302 and is now moving towards 5281. Currently, the SP500 is undergoing a corrective retracement targeting 5281. At this point, we should monitor whether it breaches 5281. Stability below 5281...
SP500 Index Forecast The price continues to attempt a correction towards 5281 as long as it trades below 5320. However, overall stability above 5325 would indicate a continuation of the bullish trend towards 5360 and beyond. The bearish scenario will be activated if the price breaks below 5281 and 5266. Pivot Line: 5313 Resistance Levels: 5325, 5340,...
We are at a triple top with a low circa 12 VIX max is 5400 before the fall. We will not get what Deutche Bank wants 5500 mark my words
S&P500 (US500) is falling towards the pivot which acts as a pullback support and could potentially bounce from this level to the 1st resistance. Pivot: 5,275.81 1st Support: 5,203.86 1st Resistance: 5,379.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
S&P500 (US500) is falling towards the pivot which acts as a pullback support and could potentially bounce from this level to the 1st resistance. Pivot: 5,275.81 1st Support: 5,203.86 1st Resistance: 5,379.39
S&P 500 futures rose approximately 0.7%, and Nasdaq futures surged 1%, while Dow Jones futures gained about 60 points on Thursday, as traders reacted positively to Nvidia's quarterly results. Nvidia's earnings and revenue exceeded estimates due to strong demand for AI chips. Additionally, the company announced an optimistic sales forecast and a 10-for-1 stock...
Taking a comprehensive view of the US500, we observe a prevailing bullish trend, particularly evident when analyzing the monthly and weekly charts. Although there was a recent minor downturn, the daily chart exhibited bearish movements. However, the overall sentiment is optimistic once again. Notably, we’ve identified bullish price action—a decisive break in...
Hello Traders and Investors, today I will take a look at the S&P500 . -------- Explanation of my video analysis: Fore more than a decade, the S&P500 has been trading in a pretty clean rising channel formation. We had the last retest of support in 2022, which was followed by bullish confirmation and a rally of +45% in 1.5 years. At the moment the S&P500 is...
SPX500 New Forecast The price is expected to attempt to reach the resistance level at 5360. It may correct down to 5304 before resuming its bullish trend. As long as the price remains above 5320 and 5304, the bullish trend is likely to continue towards 5360. If the price breaks through this level, it is anticipated to reach 5390 and potentially 5480. Pivot...
Pair : SPX500 Index Description : Completed " 123 " Impulsive Waves Demand Zone Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Fibonacci Level - 50.00% / 61.80%
S&P500 broke and closed above the resistance based on the all time high. It opens a potential for a further bullish continuation. I will expect more growth at least until FOMC on Wednesday. ❤️Please, support my work with like, thank you!❤️
Two years after my last big short on SPX, the price has once again reached the top of the ascending channel. Based on this scenario , the expectation is that SPX will peak within the next two months , around early May 2024. Initial target 4,800, stretch 4,400 Incidentally, Bitcoin appears poised to surpass its 2021 all-time high, during which Bitcoin peaked...
Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5250 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5250 support and resistance area. Trade safe, Joe.