Would you believe me if I told you the US & global markets (some) will rally more than 65% to 125% (or more) over the next 4 to 5+ years? You would probably call me crazy for even suggesting that will happen in a reasonably short time frame. But, what if I could show you how structurally (using Elliot Wave concepts and Fibonacci) this incredible rally may...
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...
The SPX500 hourly is still being influenced by overhead resistance. However, the longer term trend remains firmly up. Looking to see if support proves to be compelling to the shorter-term traders. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets...
The longer-term SPX 500 daily chart is sitting in a bullish channel with positive technical indications. The shorter-term hourly is heading towards positivity, however there need to be some developments to confirm. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
The SPX500 has some potential positives to it. These just need to convert. We're looking at trend-following indicators and momentum indicators. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
Today's focus: SPX500 Pattern – Continuation Support – 5211 Resistance – 5267 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at SPX500 on its daily chart. Today, we wonder if the SPX500 can maintain its current bullish bias and possibly test or break all-time highs. Yesterday, buyers fought back after the PPI data, helped by...
SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,207.14 which is a pullback support. Stop loss is at 5,150.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 5,282.20 which is a pullback resistance that aligns with the...
The SPX500 has moved into an area where there is overhead resistance. If the short-term momentum holds with the stochastic remaining in its upper quartile, the index should overcome the resistance. However, a swift turnaround in the stochastic will see the overhead resistance holding out. This video is intended for the users of Stratos Markets Limited, Stratos...
SPX500 is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 5,286.72 which is an overlap support. Stop loss is at 5,225.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 5,383.83 which is a level that aligns with the 127.2%...
Great start to the week SPX 5300 held ES 5330 held .. Stay Frosty!
The short-term hourly SPX500 has resistance around 5,320. However, the longer-term daily is still positive, implying short-term pullbacks may be dips in the broader uptrend. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com):...
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
I am expecting price to retrace and range this week until the release of WED Economic News. BUY Prior to that, if we see substantial retracement into 5180, I am looking to take a long position, granted that there's PA or pattern confirmation. IF OTHERWISE, and price break to trade much lower into 5120, I am looking to long as this is IMO the max retracement...
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
The SPX500 daily chart has a positivity associated with it. However, the hourly chart has pulled back to the point that is tending towards oversold. This may set up a potential "dip in the uptrend" scenario. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
The hourly chart is showing signs of froth, which may result in a short-term pull back. However, the daily chart is showing positive momentum. Therefore a short-term pullback may make the support areas compelling. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
Join FXCM senior market specialist Russell Shor for the morning market review.