- Both SPX and NASDAQ close right under resistance - NYSE:FRC potentially get take over by government that means it would likely get delisted meaning goes to 0 - currently neutral daily trend for SPY & QQQ need to see consolidation soon. retracement size will be key here
S&P5OO, Emini, ES, US500 Hello traders, welcome back to another marjet breakdown. In this video, I speak about the recent price action on the SP500 and what we could expect in the coming weeks. With every bar printed, new information is showen that can change the probability of each event. Trade safely, Trader Leo.
Beautiful setup today and was able to catch a nice price swing. Here was once again my thinking for today and my reasoning for entry: Factors for trade: Big London/Asian Session or Afterhours-Premarket run up. Swept liquidity(high of day, premarket high) bearish news
Please see attached videos for daily targets. =========================================== 03/27 Weekly Plan. ES Futures March Weekly Pivot is 3,990 Targets 1. 4,038 2. 4,080 3. 4,130 Targets 1. 3,950 2. 3,890 3. 3,835 Now trading at 4,026 Alerts You will receive alerts in this channel every time ES hits (2M candle close): 1. Weekly opening 4,008 2....
S&P500 Hello traders, welcome back to another market breakdown. In this video I share my opinion on the current situation with the stock market. Plus, a lot of tips have been shared that you might want to add them to your trading skills. Trade safely. Trader Leo.
In case daily targets are achieved, please follow targets from weekly plan. Weekly Pivot is 3,950 . Targets 1. 3,988 2. 4,038 3. 4,090 4. 4,140 Targets 1. 3,898 2. 3,840 3. 3,794 4. 3,696
03/22/2023 ========================== 03/20 Weekly Plan. ES Futures June Weekly Pivot is 3,950 . Targets 1. 3,988 2. 4,038 3. 4,090 4. 4,140 Targets 1. 3,898 2. 3,840 3. 3,794 4. 3,696 Now trading at 4033 Alerts You will receive alerts in this channel every time ES hits (2M candle close): 1. Weekly opening 3,963.75 2. Weekly pivot at 3,950 3. Each...
I am a firm believe price is heading to the upside but it is up to you and your ideas in the end. It's just what I think, with lots of liquidity resting above the market will pull to the upside.
3/21/2023 > Pivot 3993, Now Trading At 4017. Weekly TP2 is 4038.
03/20Weekly Plan. ES Futures June Weekly Pivot is 3,950 . Targets 1. 3,988 2. 4,038 3. 4,090 4. 4,140 Targets 1. 3,898 2. 3,840 3. 3,794 4. 3,696 Now trading at 3,975 Alerts You will receive alerts in this channel every time ES hits (2M candle close): 1. Weekly opening 3,963.75 2. Weekly pivot at 3,950 3. Each weekly target. Side notes: 1. OTFU...
SP500 Hello traders, welcome back to another market breakdown. In this video I explain my thoughts on SP500 Emini chart. Good luck. Trade safely, Trader Leo.
SP500 / Multi-Time-Frame. AUDUSD / 4H Dear Traders, I warmly welcome you to this free and educational multi-timeframe technical analysis on SP500 pair. From a weekly viewpoint, in my opinion, SPY looks remarkably bearish . A Double top formation with a previous high on the monthly time frame, and the downward trend has already begun as seen from last month's...
I think a bounce bounce to 4100 or more is coming as part of the larger triangle structure. RSI is quite low and the price action is choppy - like they are winding up for a move out of the channel. 4100 or more would certainly convince bulls that "all is well" and the uptrend WILL continue, but I don't think that would be the case. If anything, 4100 is an ideal...
My advanced modeling and TV scripts recently turned BEARISH on the Daily SPY. This means the markets have moved into a RISK-OFF mode - likely preparing for additional downside trending. While the Weekly modeling continues to stay BULLISH, I'm writing this update to warn my followers that both the Rotational Modeling and the TT-3MACD strategies have turned...
I received a question from someone watching my videos/research. The question was, "what is the downside risk for the markets if my bullish resolution fails". So, I created this video. This explains why the downside risks appear to be less than 35% right now compared to a 65% to 75% upside price resolution. Still, using Elliot Wave, we can't be 100% confident...
Looks like it as of now as they have lost the 18 daily ma. Bias is down. Strong support at 4k, but at that point any bounce would likely be sold into quickly. If they test the 18ma tomorrow it's an ideal shorting opportunity. Remember there is a long weekend ahead as well - another wild card. Good luck!
Didn't get what I wanted to see today, that's trading for you. The possibility that we keep grinding higher for a week or more is certainly viable after today. Above we have the following - daily BB at 4190, Weekly BB at 4180, 100 weekly ma at 4215 and Monthly 18/20 at 4190 and 4210 respectfully. Some stocks like Tesla and AAPL seem to want to go higher after...
Here is a futures review of the 16th of February for ES. Saw some nice setups and made some decent money today if I had to say so myself. Just overall a nice day and we will keep moving on!