SPX is ready to drop 4+% by April to close the gap 4910
Price action analysis for Nasdaq. Important key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
NASDAQ Index broke and closed below a key daily horizontal support. The broken structure 14200 - 14300 area turned into resistance. I will anticipate a bearish continuation from that. Goals: 13950 / 13680 ❤️Please, support my work with like, thank you!❤️
S&P500 Index perfectly respected a horizontal zone of demand on a daily. The price formed a double bottom pattern on that on an hourly time frame and violated its neckline. I expect a growth to 4393 level now. ❤️Please, support my work with like, thank you!❤️
S&P500 Index is currently testing a key daily structure support. To buy the market with a confirmation, watch a double bottom pattern on 4H time frame. 4487 level is the upper boundary of its neckline. If the price breaks and closes above that on a 4H, it will be a strong bullish signal. A bullish movement will be expected 4517 level then. Alternatively, if...
S&P500 Index formed a head and shoulders pattern on a daily time frame, trading in a bullish trend. The breakout of the neckline of the pattern signifies the local exhaustion of the buyers and highly probable coming correctional movement. I expect a bearish movement at least to 4465 ❤️Please, support my work with like, thank you!❤️
After NFP data on Friday, US30 turned bearish. The market broke and closed below a support of a horizontal trading range on a daily. It will most likely push the Index lower. Targets - 34950 / 34700 ❤️Please, support my work with like, thank you!❤️
NASDAQ Index broke and closed above a neckline of a cup and handle pattern on a daily, following the yesterday's CPI report. Taking into consideration, that the index is trading in a strong bullish trend, that violation will most likely trigger a strong bullish wave. I will expect growth to 15600. For entries, consider an occasional retest of a broken...
SP500 is likely to slide today in what I see as wave of expanded flat. After this correction there is likely to be another leg up which may take shape of an ending diagonal since the market is in the process of rolling over.
S&P500 Index formed a huge ascending triangle formation on a daily. Its neckline is a key horizontal resistance. To catch the next bullish wave, wait for a bullish breakout of 4215, it will confirm the violation. A bullish continuation will be expected to 4300 then. ❤️Please, support my work with like, thank you!❤️
NASDAQ broke and closed above a key weekly horizontal structure resistance setting a new higher high higher close. It makes me think that a bullish trend may continue. Next long-term goal for buyers - 14850 ❤️Please, support my work with like, thank you!❤️
S&P500 Index reached a key horizontal support. The price formed a double bottom, approaching that, and successfully broke the neckline. I expect a pullback at least to 4100 with a potential continuation to 4130. ❤️Please, support my work with like, thank you!❤️
So it looks like the NFP is certainly bullish for S&P500 index: Approaching a daily zone of demand, the price formed a double bottom formation on 4h, successfully violated its neckline and reacted positively on its retest. I will expect a bullish continuation and retest of a local high 4137 ❤️Please, support my work with like, thank you!❤️
Exuberant Pumping-up to Settle Back Into Reality? With the quarter-end window dressing, and the new month beginning related artificial/seasonal boost to the markets behind us, the reality of the economy, inflation, and the interest rates soon to be driving the markets again. Whether it would be glass-half-full or glass-half-empty camp that leads remains to be...
S&P500 Index is trading in a rising channel on a daily. The price was approaching a solid resistance cluster on Thursday and Friday. The market managed to break that and successfully closed above. I believe that the Index may go higher this week. Next goal for buyers will be 4155 ❤️Please, support my work with like, thank you!❤️
S&P500 Index is trading in a bearish trend. Once, the price set the last low on a daily, a correctional movement started. The market was steadily growing within a bearish flag pattern. To catch a bearish continuation, wait for a bearish breakout of the support of the flag. If the price breaks and closes below that on a daily, a bearish continuation will be...
Dow Jones Index is very bearish since 7th of March. Currently, the price is stuck on a solid horizontal support, though. For now, I am patiently waiting for its breakout. Daily candle close below that area will confirm the violation. A bearish wave will be expected then at least to 30900 support. I will post an update once I spot a confirmed breakout. ...
S&P500 reached a solid horizontal key level. The price formed a tiny double top on that and a doji candle. Now, bears are pushing. I expect a fall to 3886 / 3851 ❤️Please, support my work with like, thank you!❤️