The S&P500 might be going into one final small bearish impulse before making new highs. The index has been soaring for almost 2 weeks, erasing gains made during the summer. This correction was expected, but as inflation rates in the US are going down the US500 will be going back to its bullish track during the next week. This is the final opportunity for buyers as...
This is a trade idea on SP500, considering CPI news tomorrow.
For this trade i excpect an agressive move down.We can ese how the price is respecting our level 100 of the Fib Retracement. Im excpecting for it to go down till the 50 or 61 level and then go in with a little buy to the level 100 again with at least 500 pips in profit.
The buy backs on the main market indices have been interesting to watch lately, both the S&P500 and the DJI have had some sharp sell offs from our ridiculous highs, only to be met with extremely strong buy backs the following day almost making it easy picking for a top up on your position. I had an interesting discussion with a mate of mine last night throwing...
MAJOR resistance level is hit this week by CURRENCYCOM:US30 I want to see price forming some consolidation before plunging down to the first red level. If it breaks below it further downside is expected.
The S&P 500 has broken down to trendline support after a failed breakout at 4240. The SPY index formed a high at 4238 and tried to break it at 4255, but failed to hold above that alltimehigh. It is now testing trendline support, and the question is whether price will bounce here at support or will support fail to hold and thus lead to a much larger...
Another buy for SPX targeting new levels of high also managing R:R. If you're interested in how managed to find this trade & execute it then message me !
Hi, I am expecting a retracement of last candle then will keep its way until the upper daily band
Hello traders! These are interesting times we are in right now! National pandemic, yet our markets are rising day after day! I'm doing my weekend review, charting, homework, reviewing lessons, celebrating wins and getting ready for next week and wanted to share my analysis for the S&P500 index. This has recently become my favorite chart to trade due to...
The market has reached its all time high creating a new higher high which can be treated as a resistance @3941.1 for now. The RSI suggests that the market has been heavily overbought on 30m chart and a recorrection is to be expected. On 4hr chart the support level 3896.8 is constantly being tested and looks like the market will test this level one more time...
The S&P had a good week considering that for most of the week it went sideways to slightly creeping up. Always be weary of creeping markets (they can either stall out and reverse fast or pop to the upside out of nowhere). Are we headed for another leg up (for a potential melt up), are we going to cool-off this week? I do not try to guess which way the market will...
Hi friends the daily chart shows the downtrend for the next few days so I recommend you not to keep in the portfolio to have more analyzes please subscribe thank you
Technical Analysis - Distribution Phase - Price keeps making lower lowers - Expecting to see Price drop around the previous pivot area -Price is respecting the P pivot area - Fundamental analysis - Vaccine on hold - Stimulus package uncertainty & unpredictable
THIS MORNING WE ARE WAITING FOR THE 30 MINUTE RANGE TO SET UP. IF THE 30 MINUTE LOW HOLDS...WE BUY 292 CALLS IF THE 30 MINUTE LOW BREAKS...WE BUY 286 PUTS IF VWAP HOLDS NEXT HIGH THE KEY FOR DIRECTION FOR THIS WEEK WILL BE MONDAY CLOSE VS. MONDAY OPEN (MOP)
Hi friends the daily chart of this market shows that it will experience with a high probability an uptrend in the coming days but also we must be vigilant of the change of direction towards the opposite please subscribe to receive more analysis
Hi friends the daily chart of this market shows that it will experience with a high probability an uptrend in the coming days but also we must be vigilant of the change of direction towards the opposite please subscribe to receive more analysis