Hello Traders, welcome to today's analysis of S&P500. -------- Explanation of my chart analysis: The S&P500 has been rallying for the entire year of 2023. Many people do expect a correction but the charts are still looking pretty bullish. If we see a breakout above the previous all time high at $4.700, I do expect a rally back to the upper resistance of the...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Flipping on the index to the downside, correlating with the strengthening in USD?Let's see... Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
Hello Traders, As we approach tomorrow's trading session, our focus is keenly set on NAS100, where we are eyeing a potential buying opportunity around the 16150 zone. The current market dynamics reveal NASDAQ trading within an established uptrend, and the ongoing correction phase is bringing it closer to the pivotal 16150 support and resistance area. Delving...
Technical Analysis and Outlook: The Spooz extended down movement from our designated target Key Res 4800 and Outer Index Rally 4807 and now rests comfortably at our Mean Support level of 4700. The current market conditions suggest we experience a squeeze that could take us down to the Mean Support level at 4644 and possibly even the Inner Index Dip at 4595....
Greetings Traders, Our focus pivots to the US Dollar Index (DXY), where we are actively evaluating a potential selling opportunity around the 102.900 zone. As DXY charts its course within a downtrend, the ongoing correction phase places it in proximity to the trend at the critical 102.900 resistance area. This comprehensive analysis delves into the fundamental...
S&P500 has turned neutral on the 1D technica outlook (RSI = 47.788, MACD = 28.200, ADX = 43.854) as it made a LL for the first time since the October 27th 2023 bottom, marking the end of that two month rally. That was the latest bullish wave of the 15 month Channel Up. According to the three prior peaks that formed HH on the Channel Up, the index should kickstart...
Hello TradingView community! I'm here to share my latest trading idea for NASDAQ, guided by my Elliott Wave analysis, which currently suggests a potential sell opportunity. Let's dive into the specifics of my analysis. Based on my study, NASDAQ has likely completed its bullish phase, typically marked by a five-wave impulse pattern in Elliott Wave theory. The...
Hello TradingView community! I'm excited to share my latest trading idea for US30, shaped by my Elliott Wave analysis, which is currently indicating a potential sell opportunity. Let's explore the key details of my analysis. Based on my study, US30 has likely completed its bullish phase, typically marked by a five-wave impulse pattern in Elliott Wave theory. The...
Hello TradingView community! I'm here to share my latest trading idea for US30, backed by my Elliott Wave analysis, which currently points towards a potential sell opportunity. Let's delve into the details of my analysis. Based on my study, US30 has likely completed its bullish phase, characterized by a five-wave impulse pattern in Elliott Wave theory. The...
Hello TradingView community! I'm excited to present my latest trading idea for NASDAQ, shaped by my Elliott Wave analysis, which is currently indicating a promising buy opportunity. Let's explore the key details of my analysis. Based on my study, NASDAQ has likely completed its corrective phase, often characterized by an A-B-C pattern in Elliott Wave theory. The...
hello freinds this chart we shows that this market willknow a down trend on next hours when i recommend selling please view the chart for more infomrations good luck
FR40EUR Long Drop Watchtower
Recently, we discussed how overbought conditions in the stock market were making a case for correction. Now, with the major market indices retreating slightly lower, we are looking for more clues about where the market might be headed next. To support a thesis about the SPX going lower, we would like to see RSI, MACD, and Stochastic continue declining on the daily...
SP500 Next Buy opportunity 4699 - 4719 Target will be pending with future Wait for confirmation.................... Current situation 4699 level is still in support position. already retested. good level for entering the buy trade however if its broke the support the next support is 4650.00
If you haven`t bought the Double Bottom on RUT 2K: Then you probably know that small caps haven`t participated in the 2023 market rally. That`s why I believe investors will will for opportunities in the small cap stocks in 2024, and Russell 2000 index might offer a bigger return than the S&P this year. My price prediction for RUT 2K is $2560 by the end of the year.
Hello TradingView community! I'm excited to share my latest analysis and trading idea for NASDAQ, focusing on a buy opportunity based on Elliott Wave theory. Here's an overview of my findings: My Elliott Wave analysis suggests that NASDAQ has recently concluded its corrective phase, typically represented by an A-B-C pattern. This completion usually signals the...
Hello TradingView community! I'd like to share my current trading idea for US30, based on my Elliott Wave analysis, which points towards a sell opportunity. Here's a deeper look into my reasoning. My analysis indicates that US30 has completed its bullish cycle, identified by the classic five-wave impulse pattern, a hallmark of Elliott Wave theory. The end of this...
Hello TradingView community! I'd like to share my current trading idea for US30, based on my Elliott Wave analysis, which points towards a sell opportunity. Here's a deeper look into my reasoning. My analysis indicates that US30 has completed its bullish cycle, identified by the classic five-wave impulse pattern, a hallmark of Elliott Wave theory. The end of this...