VasilyPonomarev
Short

Expecting the pullback following market harmonics and channel

FX:SPX500   S&P 500 index of US listed shares
837 21 19
7 months ago
snapshot
7 months ago
Comment: Congratulations, we reached the first target
7 months ago
Comment: On our way to the second target
7 months ago
Comment: We are close to the second target
zhaokedahuaidan
7 months ago
do you know sp500 is so bullish this week?
Reply
zhaokedahuaidan
7 months ago
why?
+1 Reply
VasilyPonomarev zhaokedahuaidan
7 months ago
cause of the weakening dollar I think!)
Reply
VasilyPonomarev zhaokedahuaidan
7 months ago
but mostly cause of oil
Reply
zhaokedahuaidan VasilyPonomarev
7 months ago
yeah,oil. do you think oil and sp500 need a pull back ? maybe 30 points.
Reply
VasilyPonomarev zhaokedahuaidan
7 months ago
yes, personally, I really want to see a pull back=)
Reply
zhaokedahuaidan VasilyPonomarev
7 months ago
i have short positions. so much...
Reply
VasilyPonomarev zhaokedahuaidan
7 months ago
have you seen this absolute correlation between em
Reply
zhaokedahuaidan VasilyPonomarev
7 months ago
yes.
Reply
zhaokedahuaidan VasilyPonomarev
7 months ago
if sp500 can not close above 2103 today , then i think the pull back will begin .
Reply
zhaokedahuaidan
7 months ago
snapshot

This is 5 min chart. if it break down the trend line , maybe the pull pack is beginning.
+1 Reply
VasilyPonomarev zhaokedahuaidan
7 months ago
Pull back is coming !:)
Reply
It all depends on ECB. Nobody expected Draghi to do anything this time but he and his people said many times that may go further if EUR is not weakening. If they put on negative interest rates, this will climb. If they don't do anything, this will correct a little bit and then go towards new maximums. This last is a basic scenario IMO
+1 Reply
zhaokedahuaidan captain_smollett
7 months ago
yeah. quite agree with you.
Reply
zhaokedahuaidan captain_smollett
7 months ago
Maybe those buying take profit before FOMC next week.
Reply
captain_smollett PRO zhaokedahuaidan
7 months ago
It is probable, yes. Basically, for me, as soon as we are higher than 2030 and climbing, there is no trend reversal
Reply
zhaokedahuaidan captain_smollett
7 months ago
yes. This is a bullish market. 2030 is good . when ? when ? when ?
Reply
captain_smollett PRO zhaokedahuaidan
7 months ago
Good question....
Reply
Zohaib_Malik
7 months ago
my advice to all of you if you are in short move to BE. Don't mess with the trend!
snapshot
+1 Reply
VasilyPonomarev Zohaib_Malik
7 months ago
Thanks for your advise man!
Reply
showmethepips
7 months ago
hmmm public sentiment is heavily NET LONG with Commercials NET Short i think you will pull your T2 with ease
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 Billing Sign Out