Hey guys what's up I am including all the data here so you can copy, share or edit it on Microsoft apps. feel free to reuse of redistribute all my work to our trading view community or out side it. March's low is most likely a fresh new cycle to say the least " believe it or not" with out bias you would come to this conclusion one way or another and you...
So since the election we have gapped alot, Are we ever going to fill those blue gaps anytime soon? would it be sustainable to go like this?
I now bears will not like this, including myself, but putting our bias a side. It is only suggestion a minor correction. wish you all the best.
The SP500 manages to break the 2 important resistance lines at 3550 and 3588 points. The way for higher quotations is now paved and we expect prices to rise to 3800 points. Another imminent hurdle the bulls are facing is however the current all time high at 3674. Still the bulls reamin strong and as long as market stays above 3550, we expect the SP500 to rise....
$4.30 double bottom could be the sweet spot or it could just fail and SP500 goes to 4000. Im watching
Or do they? In an impulsive wave, the bulls manage to push above the 3550 mark. A major resistance that makes us abandon our primary expectation, as indicated in our last post. This scenario is now our alternative count, which has to be considered with a 42% probability. To further strengthen the upwards move, we need to see a quotation of 3572 and higher, plus a...
Hello, traders! It's been a crazy week and it's time to make a round-up on the major indices. After passing the psychological mark of $12 000, Bitcoin started demonstrating rapid growth. The key reasons for the growth are: USDT emission in the total amount of +7.5 billion between September 1, 2020, and today; a large number of open short positions that...
Since the election SP500 had a good run with the price rising around 10%. The vaccine announcement brought a lot of optimists into the market but the rally was short-lived and failed to maintain gains above resistance. It is possible for a false break to be in place and in this case SP could drop and retest the lower boundary of the range. I'm bearish SP as long...
You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my...
After a nice Pin Bar in support followed by a 4 days uprun is time for the "hanging man" to give us a warning... Friday's session was dominated by NFP's volatility and I wouldn't have paid much attention to this candle if it hadn't been in resistance. I expect 3500 zone to be a hard zone to pass by bulls and the index could fall to at least 3200 in the next 2-3...
As I said in my previous SP500 analysis, 3500 should be a great sell zone for bears. The index reached that zone, has reversed and now is trading just above 3250 support zone. A small rally should be expected now and bears have a new opportunity for opening trades around 3400 I maintain my target of 3k for this index and only a new all-time high would change my perspective
SP500 flirted with 2943 multiple times in 2018. We double topped in October 2018, sending us lower, and a year later were able to break past it (October 2019). That led us to new all time highs in February 2020. During the Covid crash, 2943 became support. They built up momentum a bit, trapping bulls, then smashed through 2943 and reach the 2018 lows as support...
🌍 The earth is turning against us, and it's time for us to board the spaceships leaving for Kepler-186f. Just kidding, it's not that bad! However, we still have to expect another -15% in the S&P500 for the upcoming weeks. Our target area for the correction lies between 2900 and 2650. From there, we expect major support by the bulls and a turnaround towards...
Short to $339 - $337. Then make a Doji at Friday on 4H Chart. The next Monday will green :) Disclaimer $339 is the last ATM before pandemic. $337 is the October Pivot Point.
As I expected, 3500 zone is strong resistance for SP500 and with this new fail it became even stronger. I expect a drop to 3200 zone but, considering the 50% rally from March's low, I would t be surprised of a fall to 3k zone till the end of the year. Sell rallies around 3500 could be a good strategy
I did not like this a bit. I do not no way but it seems it was quite hard to analyse !. Even though, it is the 200d MA it gave tops that are not significant at all that's maybe one of its draw back. high opportunity cost. Or maybe it is not my day of analyzing :-). i did my best LOL. further examination of this indicator is needed. Also, do not forget that i...