Hey traders, After a 1-month long consolidation, US30 broke and closed below key daily structure support. Taking into consideration that the market is trading in a long-term bearish trend, chances are high to see a bearish trend continuation next week. Next goal for sellers is a 32200 - 32700 demand cluster. I will post an update once I open a short...
It looks like S&P is reversing. We see multiple bullish clues on a daily and I am planning to buy the index. In this video, I will share with you my trading plan. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Today we are here to talk about the SXP500 index. Today: The index is trading at 4462. In the last trading session, we saw a sharp rise in prices to the level of 4485, which I mentioned earlier here is a link to the idea. What's on the market now: The market continues to develop lateral movement. Perhaps there is a good place to enter the market. What are we...
Top-down analysis on S&P500 index. Price action and directional bias. Trading plan and thoughts. ❤️Please, support this video with like and comment!❤️
Levels driven from market profiles for bullish trend we need consolidation confirmation above the 457 level, which is volume and bearish scenario can happen if we reject from here. also there is big put/call volume and OI on april 14, which is bearish www.barchart.com good luck
Hey traders, Spy looks very bullish. The market is steadily growing within a rising parallel channel. Now the price is approaching the support of the channel. To catch a trend-following movement with a confirmation watch a tiny falling wedge pattern. You need an hourly candle close above its resistance as a trigger to buy. Then the market will go higher at...
Multiple time frame analysis on S&P500 index. Price action & directional bias. Key level & thoughts. ❤️Please, support this idea with like and comment!❤️
Swing analysis on S&P500. Price action & structure. Trading recommendations & directional bias. ❤️Please, support this video with like and comment!❤️
Hello Traders, Looking at the weekly trades we have a pattern that should give us a retracement signal for us500. It has already formed an M with retest of the previous support which is now resistance, i.e. the levels of 21 MA on weekly tf. tracking the Fibonacci retracement I am of the idea that soon we will reach the 0.618 % where it could be interesting to...
SP500 on the 4h chart tested perfectly the weekly resistance creating a recent low. We can see how volumes of bulls kicked in at the price and the market started to move higher again. Currently, the market reached the 4400 level and starts to bounce between the resistance level and the 0.382 Fibonacci support. How can we approach this scenario? We will wait for...
VIX9D crossed yesterday VIX30D, 3M and 6M. In addition, the price is bouncing off EMA 200. Signal for a potential short. If you pick short set Stop-loss above Ema 200 to close the position in case price goes up. ________ 🚀 Follow for daily posts 🎯 About my posts: They are kept self-explanatory to avoid overcomplicating. Mostly price signals and trend analysis...
Multiple time frame analysis on Spy. Price action & structure analysis. Great shorting opportunity explained. ❤️Please, support this idea with like and comment!❤️
Hey traders, With a complete uncertainty and "grim" geopolitical sentiment stock market may crash. S&P 500 index completed a formation of a head and shoulders pattern on a daily. Its neckline breakout may trigger a selling wave. Here are key levels for you to watch in case of a breakout: Support 1 - 3940 - 4050 Support 2 - 3530 - 3680 Support 3 - 3170 -...
SP500 after the doubletop over the monthly trendline at the 4800 melt to the support. The market reacted at the support area and tested twice the resistance area at the 4590 level creating another reversal. Furthermore, the market reacted to our beloved 0.618 Fibonacci level of the previous impulse. How can we approach this scenario? We will monitor the market...
Looks like this V-Shaped Recovery by mid March chart is still in cards: Federal Reserve policymakers will raise interest rates in March but keep options open in the face of inflation outlook and the pandemic still ongoing. Until March theories suggest that we can still see a V-Shaped Recovery in the stock market. Looking forward to read your opinion about it.
Hey traders, S&P500 lost more than 10% from ATH. Now the price is approaching a major structure area. 4140 - 4270 is a demand zone from where the price was nicely rejected yesterday. I believe that the market may start growing from that area. Goals: 4486 4728 What do you expect from the market? ❤️Please, support this idea with like and comment!❤️
After losing 8% from the beginning of the year, the S&P 500 index has found a strong support from which i expect a bounce up. Or do you think it will touch the Key level support? Looking forward to read your opinion about it.
I bought SPY again. After setting a new ATH the market retraced to the support line of a major rising parallel channel on a daily. My confirmation was a bullish breakout of an expanding wedge pattern on 1H time frame. I expect a bullish move to retest the current high & then to new highs. ❤️Please, support this idea with like and comment!❤️