Hey guys, didn't post new set-ups because the market is quite boring right now. But explored some ETF and found an idea for stable trades. As we know, ETF's and some pairs are like to move in long channels, which is pretty easy to trade. Here at the S&P500 we can see the raising channel from 5th January and I mark the zones, where you can open long positions,...
Thursdays Daily candle displaced and closed strongly above Wednesdays high and the fractal swing high from last week. DOL is the PDH. I want to see H1 bullish arrays respected to then look for M5 bullish displacement entry. NFP volatility tomorrow will surely impact whether or not this idea works out or not.
Monday's price action saw ES/SP500 trade above Fridays highs, but failed to displace above Friday's high. My bias is for price to trade to Monday's low. I am looking for H1/H4 bearish levels to be respected, and will then look for m5/m15 entry once I see premium bearish arrays are being respected.
Price had a strong daily close today. Price disrespected the bearish orderblock by closing above it. I want to see discount H4/H1 levels respected to then look for M15/M5 bullish displacement to trigger long. Target PDH and PWH.
SPX will have a big fall, how nice.
A bit of a late post as the market is moving faster than my fingers can type but let's see how relevant this is regardless. Here is what I see: What is on the chart? (follow the steps) 1) A strong price accumulation that gives us a potential liquidity target for later on! For now bullish until said otherwise. 2) The BOS level that serves as support. 3) The...
Hello fellow traders, Understanding the current markets are awful as of the this year, price suddenly sky rocket like a balloons on space. My idea is base on Distribution since the COVID 2020 fall of -35%, the price retrace back for 3 years on the run with almost 45% if price goes to my analysis atleast 4966$. Then we might see a fall or Down back to the COVID...
What's on the chart? 1) An old high that marked a strong year for 2023. 2) A rebound in a weekly FVG that earlier served as a bullish signal for prior trading sessions. 3) In the process of that rebound, a 4H bullish FVG was formed which will serve as our target area + fibs. 4) The 2023 high was broken. 5) IMPORTANT: the new high wasn't taken out. Hmmm.....
AMEX:SPY I'm doing a quick analysis of basic price action from the start of 2024 thru the end of January. AMEX:SPY $475 is a possible support High and Lows for this year are identified, a break of either of those could generate a more significant move in the same direction. We could see a lot of chop between AMEX:SPY $478 and $472, but if $472...
Hi Traders! On the intraday chart the trend is bearish but at the same time, we cannot exclude the continuation of this rally on the intraday chart and resistance breakout will confirm this Pattern. That said, if we look at the 1H chart, it is possible for a harmonic structure to develop that should push the price around Target 1. Trade with care. Like | Share | Comment
Closely monitor the zone indicated in above chart. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...
Trend fib pulled from October lows puts the 618 fibo in confluence with the rising wedge as a third touch with major multi year double top ath scenario also completing the ABC (123) elliot wave (correction wave) for a new 12345 elliot wave count lower....and many gaps to fill
New Top, Old Resistance: Mixed News Question Bullish Supertrend Dear Esteemed Traders, TECHNICAL ANALYTICS Zooming out on the chart, ES hit a level that might be a resistance since January 2022, formed by a previous top. Historic tops often act as a resistance. Alone this would be a weak indication, but the price managed to hit that level at the same time...
The spx/vix ratio's RSI tells me the worst is near to end for stock market investors. Stay cautious, but don't lose hope. The storm may be passing soon.
Trading Setup: There is a Trading Signal to Buy in SPX500 Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 4708.68 ⭕️SL @ 4679.94 🔵TP1 @ 4799.29 🔵TP2 @ 4848.74 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs,...
The 4270.00 level can contain selling through Q1, above which 4634.50 remains a 3 - 5 week target, 4864.25 likely over the next 3 - 5 months. Upside, 4634.50 can contain weekly buying pressures, while closing above 4634.50 indicates the targeted 4864.25 by the end of February where the market can top out into Q2. Downside, a settlement below 4270.00 signals...
Wall Street Investment banks are predicting various prices for the S&P 500 close at the end of 2024. But if the current 1-year Treasury Bill Yield is the same as the estimates then why bother buying the S&P 500? It would be safer buying bills and you may get an equal return. This piece of analysis will look at: Historical accuracy of Wall Street Banks S&P 500...
We are currently in an upwards rally in the markets With a trend fib being pulled from our larger lows we have a coinciding level of the 50% retracement converging with the top line of our rising wedge which is a bearish pattern (depending on how long this march takes we could meet our golden ratio 61.8% at the top of our wedge creating a yearly double top as a...