looking for pull backs and rejections in order to go long
Traders, In my last post I alluded to SPY. I stated that it remained in breakout territory which is still true today. I stated that as long as we remain above 450, I remain bullish. Still true. In fact, all that has happened here is that we have a classic retest of previous resistance taking place currently. If we break below, another story may unfold and I will...
Traders, A confirmation of this breakout on the daily will lead me to believe we are going to 461 at least and maybe further up to 469? See my latest post on the dollar's trajectory for more (in related links). Stew
A false breakdown has formed at the lower boundary of the H1 range. Accumulation-Impulse-Reverse Impulse-Accumulation. (Reversal design) Medium term deal. input: 4427 (on the test of the second accumulation) stop: 4407 tp-1: 4446 tp-2: 4485
With all the Doom & Gloom regarding recession worries we liked our idea even more so into Q1 close last month. So far so good however we are still very early in Q2. We remain bullish above last months high (March 2023) Seeking Pips will be managing our positions on the Weekly and Daily charts. We also note that the current price is also in a key Fib...
Cobra here! Friday's report was quite neutral. The markets did not react much, but they closed with a fall. Let's take a brief look at the current situation: The index is getting closer to its old GAP, which I wrote about a long time ago and said that it would be closed last. If there will be no additional bad news on the market, the gap will be closed, and then...
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...
SNP500 Bulls will need to defend 3521. If price action starts consolidating below 3521, then we could get a lower degree pullback and breakout for the next motive wave down.
No surprises over the last couple of weeks. S&P is moving exactly as anticipated hitting all targets precisely. Will it continue to preform as the charts are telling us it will? In my next weekly update video on Friday, I will discuss a bit on why I believe the S&P could hit 5000 and double top, before we drop and enter into an actual recession longer-term (next...
Analyst of the spx 500 index on 07/19/22 Today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 3830. The market has been in a sideways correction for the last 2 weeks, but I think this stabilization will end in the near future. In the last trading session, we saw a small correction of the last growth, which...
Analyst of the spx 500 index on 07/07/22 Today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 3873. In the last trading session, we saw the expected increase in the index that I mentioned earlier, here is a link to the idea. In today's trading session, I expect a move up to the level of 39 20. The struggle...
Analyst of the spx 500 index on 04/07/22, today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 3825. In the last trading session, the market began to move up, but in essence the market has stabilized. Now market participants need to choose a general trend in the direction of which the new trend will develop....
Looking for a temporary relief on the SnP up to that blue zone 4200 area. . .I want to see price test that zone again before it plunges again. So taking a buy stop slightly above Friday's close ad stop just below as shown.
Looking for higher prices on ES, the 3880 level is where I think price will draw up into. I will only be looking for longs going into today NY session. If we don't get it today then that will still be my target for next week unless we break below the swing low that was formed on Wednesday 3700 level.
Today we are here to talk about the SXP 500 index. Today: The index is trading at 4001 and we saw price stabilization in the last trading session. And also we see the beginning of profit-taking from shorts. But today we expect a sharp move down. What's on the market now: Globally, the index goes to 3850. And I believe that it will be at this level around May...
Today we are here to talk about the SXP 500 index. Today: The index is trading at 3991. In the last trading session, the market went down sharply, as we expected earlier, here is a link to the idea. What's on the market now: Globally, the index goes to 3850. And I expect it to be at that level around May 18-21. What are we waiting for today: Today we are...
Today we are here to talk about the SXP 500 index. Today: The index is trading at 4300. In the last trading session, we saw a sharp move up, due to the decision of the US Federal Reserve. Although I could imagine something like this. And yet it was very powerful. Link to idea below. What's on the market now: Now the market is experiencing growth caused by the...
Long SPX at 4390 TP at 4600 SL (Not set in stone but a close below 4375 and I will walk away from this trade) We have seen some bullish movement in SPX in the last few days as it has broken the downward trending channel. Yesterday, we saw a dive back to the 4390 lvl where I have entered this trade. The downward trending channel will now act as a support as well...