Probability: 65% We have a Sell signal Stop loss:3570.25 Take profit: 3549.75 High Risk with a good probability and opportinuity
Probability: 65% The S&P will keep going down Swing Take profit: 3528.50 Stop loss: 3549.50
We have a buy Signal (please Read carefully) Probability : 65% Take profit : 3506.50 Stop Loss: 3495 If we achieve our Target ( TP) then Wait until the Green candle cut the first Green Line => Take another Buy position and Use the Orange Line as the second Take profit 2. and the Green line is my new support. If the Candle cut the Orange Line ( TP2) , use...
Probability: 65% The market will keep going up Stop Loss: 3477 Take profit: 3498.50
Probability: 65% Time frame: 15min Buy signal Take profit: 3491.25 Stop Loss: 3467.25
Probability: 60% High Risk! but you can choose Another Close TP ( and use your own strategy :) ) TP & SL on the chart but as i say: high risk!
We have a Sell signal Probability: 65% The market will keep going down SL and TP on the Chart.
Good probability: we have a uptrend The market will keep going up % probability: 65% Stop Loss: Red line Take profit 1: The Orange Line If the Candle cut with Force the First line ( Orange one) Then You can buy again Take profit 2: The Yellow Line
I recommend to buy the ES1 ONLY after the pullback on the red zone. There is a high probability for the market to go up and reach the resistances.
Still looking for the 5th wave to form and then to be followed by a crash move. The next 3 months are likely going to be brutal. I don't think Congress reaches a deal for new stimulus by the August 10th recess one week from now. I think that will tank the market along a other reasons I listed in my last post. Again, I think we bounce higher first, to finish the...
eMini S&P Futures completed the contracting ending diagonal and began to decline. It is possible that this is the return of the bear market. It is quite possible that the price will reach 3119 points - the level where this diagonal started.
Market open saw a violent turn to the downside which broke prior a two touch support and then quickly retraced giving us a swing failure to trade. Just watching how this one goes.
ES gapped above the resistance from February and June which was at 3181 last Friday. After 3200, the next historical resistance is that second red line at about 3252 now. That second red line stopped the ES back in June at 3225ish. It was support back in 2017. Let's see if it can stop it again. Liquidity is increasing within the market's internals. So, bears...
Sept. SP500 futures above the 50eMA and now its 3127/28 Support holding for now.
Hello traders. I know I have been calling the top/shorts for the spy/spx for a while now, but this analysis should help understand that we are LIKELY not within a V shaped recovery, likely, a stairstep. A look at the vix indicates extreme lack of fear in this market, as such, wait for a quiet entry and for the love of god, wait for the newest covid stats. -Live...
Since the market is closed tomorrow, the first tiny bubble finishes at 1 pm eastern time. The markets looked relatively weak after seeing such a stellar job number, good job, Trump! I am looking for next week to roll over a little bit. I just tested out a Fibonacci fan, which we see around the 3111ish area looks like support. It also played the expected move on...
If we are forming a large counter trend move that's going sideways in an EW abc correction. I think we've got a good shot at filling the gap if the last low in mid June holds. I think we will see the start of a crash move starting within one or two weeks. If the gap fills and we get a lower high than the peak made in early June. So the sideways move could continue...
For the week ahead, the 2975.75 is a key level to watch. If you notice my annotations, I am indeed outlining that there are two possibilities for price to play out. We're not here to make predictions, but the observation of how price plays out along this level is very important. Fundamentally speaking, the US is potentially in the second wave of the COVID-19...