S&P 500 ; tracking that 08 dump - UPDATE last update we breached the gates of mordor; then we seemingly have broken the dotcom crash fractal shape (by only a bit really). 08 needed a bit of an adjustment time wise (price points are exactly the same), but shes still in play. now do we break that one? this is just FYI updated dump fractal tracking; lets see if she...
SPx the price can stable in a negative direction because already stabilized under 4358 so now will do a retest till 4358 and then will drop to reach 4309 and then should break that to get 4278 also. the price will start dropping as long as trades under 4358 to reach 4309 and 4278 for this week however, if the price reversed and stabilized above 4365 then will...
Since the financial crash of 2008 the stock market has only gone up, will it continue to only go up? How long can America keep living in this delusional illusion. Have thing only got better since 2008? Is the economy strong then ever? No I didn't think so. Not like its the reserve currency of the world. For now. Don't wanna be political so thats all il say...
DXY looks to get rejected from the 200 MA on the 4HR! ES1! needs to hold this support and bounce up to see a continuation of the Bullish action! Lets see how this week plays out! Good Luck Out there!
After a start to the Trading Week with 0 News to move markets.. Things are slow. There is also a mixed bowl for Market Sentiment (slightly upside biased temporarily) that is feeding into upmoves. HOWEVER this upside movement is NOT strong enough to break early resistance very quickly hence where we find ourselves. So let's look ahead. Trade Small Trade Safe.
A SHORT Position Support Price: 204,26 - 206,40 - 207,84 Resistance Price:200,50 - 193,67 - 184,36 - 179,77 Daily and Hourly indicators NEGATIVE. With market stuation price can DOWN. All Market index looking like will go DOWN. So HON can be good for short position. Its i my mind. it is not a investment mind
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for US500 . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
SPX500USD - Intraday - We look to Sell at 4274 (stop at 4322) A bearish Head and Shoulders is forming. This is negative for sentiment and the downtrend has potential to return. There is scope for mild buying at the open but gains should be limited. Resistance is located at 4280 and should cap gains to this area. Our profit targets will be 4161 and 4120 ...
S&P500 ; The primary driver of EVERYTHING. 08 and dotcom compare Lil wee bull trap continues then DUMP on your ass. this is the way of the world. RSI macro pattern wise it looks very similar. that final bottom line price area makes sense as well.. back to the baseline before post-covid madness. Macro issues; crazy late 70s inflation / wars / climate will take...
SPX500USD - Intraday - We look to Buy at 4086 (stop at 4060) Preferred trade is to buy on dips. There is scope for mild selling at the open but losses should be limited. Bespoke support is located at 4090. Support could prove difficult to breakdown. Further upside is expected although we prefer to set longs at our bespoke support levels at 4090, resulting in...
An exhausting time lies behind S&P500! It has been moving up and down with vivid gestures and has paced itself a bit only recently. We expect the index to take a rest in the magenta zone between 3788 and 3683 points, where it should also finish wave iv in magenta. Afterwards, it should be revived enough to rise towards the mark at 4101 points. However, there is a...
Could this be it? The BIG one we have all been waiting for? At least I have been waiting for it. Has ALL the forces come together in the perfect storm to have the S&P drop 30% or 40%?? I know it's going to happen, just don't know when. But so far my Sell order is doing well. Next up is 4200 level - this is a good psycholgical level and will be a decent...
We have reached a line of key resistance that has held up for a decade. That along with the overall market sentiment makes me think we are heading down from here. I feel like we could see 3800 within the next couple months. Thank you for viewing my post!
Memeline supporting uptrend has broke Backtest of underside of SR Seems a good bet especially with growing inflation concerns Close through the SR box would make me re-evaluate and likely close though!
just wait for some confirmation if candle break trendline that i've draw on chart you can entry and make sure use risk-reward management ok.
Hello Trading Family, I found US500 chart interesting. We can see that US500 is currently trading inside these two brown trendlines forming a rising broadening wedge. Here are the two strong zones where I will be looking for high probability setups: I call them War Zones, (highlighted in Orange circles) Zone 1: Lower Orange Circle This highlighted orange...