Probability: 65% The S&P will keep going down Swing Take profit: 3528.50 Stop loss: 3549.50
Since yesterday morning, this market has rallied to another ATH. Test of ETH High should provide direction for the day. Level to watch 3545 --- 3547 Report to be aware: US:Factory Orders 10:00 AM ET US:EIA Petroleum Status Report 10:30 AM ET US:Beige Book 2:00 PM ET
Pumptarded, lol. MFI touched oversold this morning and this chart shows it better than the one I posted, so basically reposting. RSI is near overbought, so we're probably looking at an up dya Wed, down day Thu (only day the market is allowed to go down, lol), and up again on Ponzi 401k payday Friday. Good chance we get a major dump next week, but I'm just...
Rotation by the market has been incredible. When will #4 occur that 🐻s have been touting? Below Dot-com highs would be a start $NDX $NQ_F $FB $AAPL $AMZN $MSFT $NFLX $GOOG $DIA $SPX $VIX $GLD $TLT $TNX $DXY #Trading #Stocks 📈
$ES_1 $SPY head and shoulders on 4hr
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...
The ES1! will increase in the next few minutes. Anyone who needs an advisor, I'm on duty. Note: (When I set the target and stop loss in a number that does not mean that the price will reach it, I only gave a buy or sell signal according to the analyzes that I performed in the chart and I delete it later, in order to share it with you so that you have a clear...
After last minute sell off yesterday. market has rallied to test yesterday's High during overnight session. A test of Fibonacci 50% level of yesterday's RTH session should provide some direction for the day. Level to watch 3502 --- 3500 US:PMI Manufacturing Final 9:45 AM ET US:ISM Manufacturing Index 10:00 AM ET US:Construction Spending 10:00 AM ET
Starting off the week with 4 contracts long into the Globex session last week we ended with a low around the 80s where we finally found a wall of buyers leading the day to end with a rally to higher highs. short term for these week will be a support area of 90 then down an important value area at 3480.00. If we can break the 80s i can see more liquidation into the...
ES at the daily view. The last historical resistance that I had (around 3530ish) held for now. The ES was just 5.5 points away from that zone. The question is not a matter of price action, but a question of time. Can this resistance hold long enough for liquidity levels to lower materially? Can this resistance hold long enough for the NYAD to break its uptrend...
In the megaphone, the longer it takes ... the bigger the move is. Do you see the similarities with 2018? Drop early in the year, recover and then ... 2, 3 and 4 Just a thought... Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Market started to pull back after rallying to Fibonacci 1.618 extension of Friday's RTH session. Test of Friday's Close should provide some direction. Level to watch 3503 --- 3505
Obviously overbought but overlay shows the top as Tuesday open. Not shorting anything until Monday EOD or Tuesday morning, not gonna FOMO myself into a big loss trying to short this pumptarded market.
SP500 broke to the new highs. Volume is still very low and the Advance Decline Line doesn’t support this rise too. It is bearish. However, there is still a lot of momentum in this market. Likely we will see choppy trading with upside bias till the middle of September followed by a decline till the end of the month. Pay attention we are getting close to elections....
Probability: 65% The market will keep going up Stop Loss: 3477 Take profit: 3498.50
Yesterday's price action should be concerning to Bulls, because Sellers were very active at certain levels which was evident by watching volume. Similar price action is evident on ETH session. Test of ETH High should provide direction for the day. Level to watch 3494 --- 3492 Reports to be aware : US:Chicago PMI 9:45 AM ET US:Consumer Sentiment 10:00 AM ET
Last Week Expected Move: $64 Best of luck this week - RH