Only pain if we reject 4200-4400 range in coming days.
Price action analysis on Dow Jones Index. Key levels & potential scenarios. Trading recommendations. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
S&P500 is approaching a key daily structure resistance. To catch a bearish move from that watch a rising wedge pattern on 4H. Your trigger to short will be a bearish breakout of its support (4H candle close below), then the price will most likely drop at least to 4250 level. Alternatively, a bullish breakout of the underlined yellow area will trigger a...
The Market went through the $4165-$4200 resistance, as described in my previous analysis. We are still in a bear market, however, the short-term directionality is bullish. The price will probably try to break the $4400-$4500 level. The last four weeks have been incredibly strong. Money Flow Index (MFI) in overbought & Rising Wedge Formation. From my point of...
This morning on a live stream with my students, we spotted a nice trading setup on S&P500 index: the market broke and closed above a key daily level. Retesting that structure, the price formed a double bottom formation on that. The price has just broken its neckline. I expect a bullish continuation now. Initial target - 4256 ❤️If you have any questions,...
Hey traders, As I predicted, SPY nicely bounced on Friday. Now the price is heading towards the next daily resistance. Here are the key levels for you to watch next week: Resistance 1: 4290 - 4400 area. Resistance 2: 4500 - 4515 area. Resistance 3: 4609 - 4639 area. Support 1: 4150 - 4200 area. Support 2: 4075 - 4100 area. Support 3: 3900 - 3940...
S&P500 index is currently trading on a key daily structure resistance. On focus is a rising parallel channel on 4H. If the price breaks and closes below its support, chances will be high to see a bearish trend continuation. Initial target will be 4080 level. Alternatively, bullish breakout of the underlined yellow area will push the market higher. Next...
SPX500 dropped 25% from its peak in Jan 22. It has recouped around 13% loss and standing just below the 200 EMA. The trend will be decided based on whether it crosses 4200 or falls back downward which would make a case for bear market rally. Watch the next few weeks very closely.
Hey traders, S&P500 is approaching a key daily structure resistance. To catch a bearish move from that, watch a rising wedge pattern on a daily time frame. Wait for a daily candle close below its support. Then short aggressively or on a retest. Initial target will be 4015. Good luck! ❤️If you have any questions, please, ask me in the comment...
Important update for S&P500 index. Potential shorting opportunity explained. Multiple time frame analysis. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Between monkeypox, upcoming CPI data, recession fear, Russia, and china I feel we have many reasons to see a correction if not a correction, the highly talked about recession. Being this is my first year as a trader at times like this I feel the most strategic thing I can do is sit on my hands. But I am eager to hear opinions and perspectives on what is to come,...
The price is moving according to my last analysis on July 29th of the S&P 500 Futures. The market is taking a breath from last week, yesterday it closed more or less at that support area of $4100. We still have some important earnings incoming, I stick with my point that we can use the momentum to get to $4200 or even higher. However, in order to break this...
Hey traders, Here is my latest structure analysis for Dow Jones. The index keeps growing, and here is the list of resistance to watch for occasional retracements: Resistance 1: 33270 - 33500 area. Resistance 2: 34000 - 34270 area. Resistance 3: 35280 - 35520 area. Consider the following supports for pullback trades: Support 1: 31390 - 31900 area. Support 2:...
Weekly/daily time frame analysis on Dow Jones. Price action, key levels. Potential scenarios explained. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Hey traders, S&P500 finally broke and closed above a resistance line of a falling channel on a daily. I expect a bullish continuation to 4075 / 4175 resistance now. For entries, consider an occasional retest. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Important update for S&P500 index. Price action and multiple time frame analysis. Important decision ahead explained. ❤️Please, support this video with like and comment!❤️
Price action analysis on S&P500. Weekly / daily time frame analysis. Potential scenarios and thoughts. ❤️Please, support this video with like and comment!❤️
Here is my latest structure analysis for US30 index. Support 1: 29675 - 29968 area Support 2: Falling trend line linking lower lows Resistance 1: 32500 - 32800 area Resistance 2: 33300 - 33475 area Consider these structure for pullback / breakout trading. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like,...