Price is resting at support at 2463 area, look to see if price can break lower and retest 2463 as resistance
Price has formed a V after coming off of the pink median line, and has now again showed frequency by testing and retesting the upper pink median line. Look to see if price can stay stalled here and will continue down to the marked middle median line again.
Price has dropped below the blue median line parallel, and has stalled under resistance near 2480. I think price could continue to break down if we can stay below resistance all the way to the 2400 area
Price has hit warning line 1 and he has come down to retest the upper median line parallel. We have just made a V formation, so look to see if we wil continue down or hold here. Price has started to make lower lows and showing weakness, so lets see if price will stay under the 2477-2480 area.
This could be the super cycle wave 3 completion soon. Time will tell...
Hi traders: Here is a good example of a wedge break out and a pullback to form a lower high for an entry short. When we take a look at spx500, the daily chart has been over extended to the upside for a while now. Right now we are seeing a potential daily pullback in the making. When we drop down to the 4 hr chart, we see a nice price action pattern developped,...
Price has broken hard to the downside and has broken the long term fork to the upside we have been following for some time. This may be a sign for a change of direction. Look for price to eventually head to the next support area around 2400.
Price has dropped as predicted along the pink median line fork after a spike above. Look for price to continue eventually to the middle pink median line. We should have a brief retracement here up to test the sliding parallel as marked this resistance band should be strong enough to hold for a little while before continuing down.
Turns out my first analysis of GNTX wasn't wrong... it was just part of a bigger plan. Im Still bullish on the stock, HOWEVER, I am bullish for reasons NOT explained prior to their earnings. Fundamentally their earnings report wasn't bad, it just missed the EPS analysist mark by 1 cent....sending GNTX down to what turns out to be a HUGE magnet level. If I...
S&P 500: Positive whilst above 2409 with near term upside target at 2449-2450.
S&P 500 Now testing the target at 2399-2407 and looking tired. Short set-up from between 2402 and 2405 if touched with stop above 2410.
Hey Everyone! Today, I will be analysing S&P500 coming from Monthly chart, down to 1H chart. As you can see SP500 has been on a good track of going higher and higher since the 2008 crash. What we can see is after the 2009 dip it has achieved ATH's day after day. Right now, we are aiming at 2500 - in my opinion this is a highly likely scenario. Now, I don't...
S and P 500: Some seasonal facts to help you decide on likely S and P direction from here over the Summer: S and P 500 Highs and Lows since 2011 HIGH LOW 28.4.11 5.8.11 and 28.9.11 27.4.12 31.5.12 and 9.11.12 21.5.13 20.6.13 and 27.8.13 and 9.10.13 no May peak 6.8.14 and 15.10.14 18.5 15 20.8.15 and 28.9.15 19.4.16 ...
S and P 500 Despite it's reluctance to join in the Euro party this index still has a positive chart. Only a break below 2377 would change the near term outloook to bearish
S and P is closed in London but the Dow is showing 30 points up whilst Dax is another 138 points higher at 12850. Nasdaq showing just 5 points up but no S and P trading. Nasdaq and Dow are still cheap..right here, right now. Why not make some money whilst you sleep tonight? Dow good for 21380, next chart - check IG index website for prices.
To me Amazon is a clearly heading for new heights, as the Coppock curve ( Eclipse) has just turned positive, also so has the Aroon oscillator, showing a positive trend has emerged. This is supported by the Cyclic lines showing the positive stock trend is just one of many. The 50 moving average is providing support, and the stock recently broke out of the sending...
To me this is pretty simple, the Dow was provided with support by the 50 Moving Average and appreciating, but the Coppock curve is still negative so I would wait till the 20,700 make to buy. Also the ADX Green Line has finally crossed over representing a new trend change. So I would buy until the Trendline resistance.