JUST I described the path of E-mini,how the reversal Could Happen as per Price action Analysis
Hello, rising US yields got a good chance to make traders/investors nervous and at the same time to increase market volatility. We are looking to sell SP500 ( Futures ) on rallies Selling rallies towards 3895/3935 Stop above 3960 Target 1: 3850 Target 2: 3780 Target 3: 3700 Good luck
Below 3740 the trend is more bearish. That is the level I am watching to determine whether to reduce long stock exposure. Above that level the trend remains bullish. How tonight goes will determine a lot in terms of how to think about stocks going forward
I am actively hedging my portfolio as we speak. Stocks have had a great run and this might be the right time to protect against a larger correction. I am selling with a stop above 3860. We could see range lows at 3741
The Nikkei 225 continues to show relative strength and has one of the cleanest absolute trends of the global indices I track. It's already breaking out ahead of the US and European indices, which suggests to me we could see them follow it higher in the next day or two. If you're trading the equity indices --- keep your eye on the Nikkei 225 for clues.
The S&P 500 futures are trying to get above the top of their range at 3804. The last hourly candle closed above it and we're seeing relative strength from the Russell 2000, Nikkei 225, and other indices here in the US and around the globe. Testing the waters here if I can get an entry at 3805 and look for upside towards 3855 over the coming hours/days. My stop is...
Counting the 5th wave of E mini futures before it goes bearish. obviously, we will look for a long position in the near support area. support at 3780. resistance at 3825. Thank you and trade safe
The Index will need to break and hold above the price channel at 3834.25 to form the next leg up. It will take a lot of strength and determination to make that happen. There are heaps of room to the downside for a correction. Resistance: 3834.25, 3868, 3922.25 Support: 3780, 3746.50, 3692, 3658.25, 3604, 3570.25
ES Future parallel channel break out.
Stop: 3730.00 Just as with the DJIA the model is picking up a potential reversal back into the previous range. At minimum this will hedge our long stock exposure
If price breaks previous candle low, the short setup is triggered.
We have a Sell Signal for my prediction Take profit and Stop loss Mentioned on the Chart as you see
We have a Buy Signal Stop loss and Take profit Mentioned on the chart for my prediction
We have a Buy signal Stop loss and Take Profit Mentioned on the Chart
Since February this year, the AUDJPY and S&P E Mini futures appear to work in Sync. Actual Correlation is 0.736 and these instruments show the strongest correlation with the S&P over 10Year Yields =0.609 Copper = 0.421 Bitcoin = 0.493 Gold = 0.164 The correction doesn't hold over a long time frame, but is more a marker of a market in recovery mode.
We have a Buy Signal Take profit and Stop loss Mentioned on the Chart
Sell Signal The market may keep going down Stop loss and Take profit Mentioned on the chart