FX:SPX500   S&P 500 index of US listed shares
1785 3 17
After rate news today i think price should continue falling because structure seems incomplete.

Looking at W1 chart we have price made its first lower low forming the first convergence.
We have also a weekly ema55 acting as resistance.
snapshot


Here on D1 chart:

- Nice retracement to the 0.61 fib
- ema 55 as resistance
- strong psycholevel 2000
- Wave 4 (see below)
snapshot

Best regards.
elliot wave is outside my knowledge but the lines I understand...also I watch xlf because big banks hire the best and brightest decision makers...so I am bearish. Many thanks for the helpl
Reply
tst
a year ago
weakness came in at the right time all in the last 1hr of trade. I guess we will know by Friday night if the smart money closed the market.
Reply
greenplay
a year ago
Just wondering if anybody can help me to figure out who is the broker that has paper money in Trading view charts. I started with $10,000 paper money and traded only SPX . Within very short time turned into a $1M and more. Is it really possible with real money? Kind of wondering. Any help would be appreciated.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out