Hello! Bullshort is here! An interesting spectacle amid news. But as I said the Fed rate will only start to show itself closer to March. In the meantime, you can arrange a false breakdown of the downward channel. From a chart perspective, the price should bounce off 4077 and return below the trend line. The government is about to remove the restrictions on public...
The price structure and the study of divergences show a probability of a bullish scenario in 3 phases: 1/ bullish bounce untill 4000 (FIBO 38.2%) 2/ resumption of the decline until the strong support 3200 (FIBO 61.8%) 3/ return of the long term bullish trend up to 5000
The increase in rates will begin to realize itself closer to March. FRS does everything right. Taking into account the Fed's policy for 2023, macroeconomic factors and banking policy, 2023 can easily become the year of the red candle or the continuation of the downtrend. Let's now go deeper into the economy and see what is happening in it now. We all know that...
Hi guys, this is yet another simple chart based on a pattern that works 90% of the time. It's the rsi reversal, coupled with other trends you can take in impressive profits quickly. The volume is high but it's sell volume (red candle). Following position can be taken. Also 4k is a resistance on psychological level. If you like my analysis please consider...
ES1! SPX500USD 2023 JAN 01 After rotation between 3788-3928, market breakout for long opportunity. Temporary weakness may be expected. Wait at high levels to short is preferred Scenario Planning: 1) Short at rejection of 4175-4094 2) Long test and accept of rotation area 4175-4094 Volume Analysis: Weekly: Low vol up bar close at high = No Demand Daily: Low vol...
Previously, expected the SPY to make a higher low (orange ellipse). I think it just did. For the higher low, as expected, It pulled back to that level on 22 Dec 2022, and then near it again on 28 Dec 2022 (higher low!). Usually, I would use the SPY weekly chart, but this week being the first week of the year, I thought it more appropriate to use the daily chart...
This is more of a observation or thought experiment than any kind of technical analysis. The starting point of all data points is the SPX ATH. All other historical ATH values begin at the most recent ATH (January 22), and end whenever price returned to its respective ATH. Time and Change is more important than Time and Price. It's easier to see this from a...
Not all down days/weeks are bad, some are necessary. It appears we are at the juncture, where the weekly candlestick pattern is bearish. very clearly bearish. so we are likely heading for a down week. MACD is indicative, so is the daily candlestick. Can expect an early to mid-week down draft. Overall, looking into a end of year low, but a higher low, of about...
✅SPY will soon retest a key support level So I think that the index will make a rebound And go up to retest the supply level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅SPY is going up now But a strong resistance level is ahead Thus I am expecting a pullback And a move down towards the target SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Technical indicators show a high probability of a “dead cat bounce” pattern which is a bullish retracement inside a downtrend. Indeed, the drop was triggered by a huge bearish MACD divergence and confirmed by a cross between MA50 and MA200, while the recent rise was triggered by a small bullish MACD divergence. I believe the bullish retracement will end below...
Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at 3949. Yesterday, as I expected, we saw an attempt to increase the index at the market opening, i mentioned earlier. However, there were few volumes on...
Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at 3965. Last Friday we saw the index approach the 3990-4000 level I mentioned earlier. Also at the end of the day we saw trade entries from experienced...
Hello,Traders! SPY bullish reaction To the CPI news continues And we saw that the price Broke a local key level las week Now SPY will likely retest the Horizontal support briefly And then go further up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Analysis of the spx 500 index 11/15/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at the level of 3957. Yesterday we saw an attempt to increase the index to the level of 4050. This attempt was unsuccessful, the index only renewed its...
Hello,Traders! S&P500 made a rebound and went up After the retest of the horizontal support below And has now almost reached the falling resistance From where a move down is likely Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
As heads up yesterday, the TLT and VIX were telling… and the SPY buckled slightly (-2%) for the day. Over the next two days, breaking down below 370 (red support line) and in doing so trigger a TD Flip to start a new TD Sequential should see the SPY find its way close to 350 (or lower). MACD is supporting this and the VolDiv had already been warning a long time ago…
Analysis of the spx 500 index 11/09/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at the level of 3828. Yesterday the market continued moving towards the level of 3820-3845, which I wrote about earlier. However, at the moment, I see all...