I have made some calculations regarding potential stock market development in the S&P500 in the coming months. There is of course no guarantee that it will turn out exactly like this, but there are very interesting mathematical correlations in an optimal scenario.
Since January 2018, the price has been inside an ascending channel with a couple of hits at both...
Hello everyone, hope you all are doing good.
Bullish Probability:(at least one or two weekly candle closes above 4100 than there is a possibility of this playing out).
There is an active Bullish Divergence playing out in RSI, so there are chances S&P500 may put new high above 5k.
If S&P500 put new High, then it can be a Triple Bearish Divergences, so after that...
Hello traders, welcome to this S&P 500 update. This is my first time analyzing the S&P 500 and I hope it will be helpful.
To analyze this chart, I am using the 21 monthly moving average and the kiss of death pattern.
The S&P 500 is on its way to making a bearish move and it got stronger after the price got rejected below the 21 MA. The actual confirmation came...
Looking at the SP500 Weekly chart, we have so far retraced about 11% from the top, and it doesn't seem to be the bottom. The market appears to be going for another test of the 4200-4250 area. If the support breaks, we could reach the 4000-3900 zone.
If we try to simulate Covid not happening, consider that the market has seen a higher growth before Covid, take...
OANDA:SPX500USD
SPX500USD 2021 May 10 Week (Intraday)
Weekly, Daily, H4 = Bullish
Week of 03 May Scenario 1 materialized, green zone was tested. So short and long was fruitful.
Bar A Ultra High Volume - possible outcomes from this
1) if this is an absorption of supply to break through the previous resistance of 4220 & 4220 can hold, will keep to long
2)...
