Possible magnet SPX SPX500 to the Daily 100ema 3918 Watch for continued move up to kiss or fill the gaps above us at 4037-4083/4203-4218 if it pushes through and holds that 3918 area Watch double top reaction here at 3886-3895 3day & Weekly have room to run 1d extending
SPXUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% SPX, 40% Cash. * 50MA RESISTANCE TEST . Equity Futures, Hang Seng (Hong Kong) Index, Cryptos, DXY, US Treasuries and JPY are up while CNYUSD, GPBUSD and EURUSD are down. Equities and Commodities finished today's session higher. US September New Home Sales came -10.9% lower at 603k...
Since the recent low at 3500, marked by a huge bullish engulfing, with a long down tail and engulfing the previous 3 days, SP500 started to rise and, at the time of writing is trading exactly in 3800 resistance. With a new bullish engulfing on Friday, the odds are in favor of a bottom, at least for now. At this moment I see 2 bullish scenarios in SP's case: 1. A...
First buy to upper trendline and bounces and sidaways at the bottom next week might flooded First BUY Second SELL from upper resistance zone
S&P500 needs some more pep to make it above the resistance at 3820 points, so let’s cheer it on! S&P, you are strong enough to climb above 3820 points and to hop into the upper blue zone between 3943 and 4015 points overlapping with the pink zone between 3963 and 4052 points. After you have finished wave (III) in blue there as well as concluded a countermovement...
SPXUSD daily guidance is cautiously bullish. Recommended ratio: 70% SPX, 30% Cash. *Equity Futures are up to start the week and Cryptos are currently seeing some Sunday Scaries, this particular combination typically bodes well for the Equity bulls in Monday's trading session. DXY is up and US Treasuries are down. Today Russia accused Ukraine of planning to...
The market has taken a hit every month due to the federal rate hike, and it does not look like it will be stopping anytime soon after last week's G7 meeting. Looking at this intraday analysis we can see a very clear market structure that gained a lot of bearish momentum at the end of last week. I will not be surprised if we revisit the target price outlined on the...
#SP500 The market has the potential for an uptrend to 4000$ SL 3600$
Yeh the title, duno. Anyway its pretty self explanatory. even put some pretty icons on it for you. This is an update of the last idea; see attached. I have adjusted the fractal a bit to make it a bit more 'accurate'. Looks more like blue to me but a sharp drop from here would paint the yellow picture. These are massive bear market rally comparisons; 18 and...
Good day, traders! Don't forget to put your thumbs up and write your comment if you like the idea Target for the SP500 lies in the green zone (aprox 3326 - 3255). That's where we're heading after the US inflation data, It amounted to 8.2%, and despite its decline (previous month 8.3%), the data came out higher than expected (8.1%). It is very interesting what...
SPXUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% BTC, 48% Cash. * SHORT SQUEEZE WATCH . US September CPI came in 0.4% higher than in August compared to a 0.1% increase from July to August , and CPI without Food + Energy came in 0.6% higher, signifying that the decrease in fuel prices wasn't enough to slow inflation. This leaves...
SPXUSD Daily guidance is cautiously bearish. Recommended ratio: 30% SPX, 70% Cash. *Equities, Futures, Cryptos, Metals, Energy, GBPUSD, and EURUSD are all down while DXY, US Treasuries and VIX are up once again. Fears of nuclear war being exacerbated by resolute threats from Putin and desperate social media pleas by people like Elon Musk are pushing investors...
technicals in times of financial crisis hold much less weight. Data and the Feds monetary policy will clearly dictate which way the market moves from here.
Internal is now bullish. A break of the swing low, then an iBOS toward the EQ, now a return to impulse.The strong internal low may hold, potentially sending price higher to premium prices to mitigate the supply zone. Look for bullish price action from the current levels, as price reacts to the daily and 4H demand zones. I am mindful of the strong bearish...
the SP500 maintained its downside move triggered by the interest rate increase and inflation surge, the SP500 lost another 100 points this week with an intraweek low of 3586 and intraweek high of 3737. For intraweek the SP500 may have found a bottom from where it can pull back for a short interval of time. For coming week we will first look for a strong support...
The S&P 500 (SP) is holding above the strong support, from where a nice bullish rally started, that move has also done a break of structure. It is a powerful zone for S&P 500 to create a bullish impulsive wave from here. Today's candle close is important to watch, and if it closes bullish, that would confirm a bullish rally in S&P 500 and if it breaks down than...
S&P500 seems to be tickled pink – metaphorically as well as literally. The index has taken to our expectations and has a lot of pink to face. First, the index should fall below the support at 3639 points and into the pink zone between 3598 and 3508 points to finish wave III in pink. Then, it should return above this mark once more to complete wave IV in pink in...