SPXUSD daily guidance is cautiously bullish. Recommended ratio: 80% SPX, 20% Cash. * GOLDEN CROSS WATCH . US December CPI came in 0.1% lower than in November (which saw a rise of 0.1% from October), whereas Core CPI came in 0.3% higher than in November (which saw a rise of 0.2% from October). The UofM Consumer Sentiment Index (Preliminary) for January is...
A small follow up for the bullish case of the SPX: We're still in the resistance zone, located below the resistance line of the bigger falling channel we're in. Now we've seen the first rejection of the upper part of the resistance zone, however, we just shot right back in. That is still bullish. Right now, the bullish case for the SPX is still in play, and im...
Happy New Year traders from the team at AlgoBuddy! 🎇 2022 was a big and exciting year for us. We recently released the latest version of AlgoBuddy's flagship indicators; AlgoBuddy Premium 2.0 & AlgoBuddy Momentum, along with an ETH 30m strategy bot. 🔥 Our goal here is to always deliver helpful & actionable tools for traders to add to their trading tool belts....
In the last SPX post, I started to doubt my bearish scenario of the index, by saying that the price looks bullish on the short term. Now that we've seen a short term pump to the resistance, I wanted to give an update. Right now, the upper level of the resistance zone has been touched. This begs the question: Are we going to see a break of this resistance zone. If...
SP500 Daily deer volume imbalance dotor orj irj baigaa ene hawias unalt orj ireh buren bolomjtoi Eswel jaahan deeshleed daily poi zone deerees dooshoo rejection awan unah bolomjoti haragdaj baina.
Although, in my opinion, there is not any fundamental reason behind it, SP500 could start rising in this first part of the year. There is a very good saying between traders: "trade what you see, not what you think" and, what I see are 3 weeks of rejection from the 3800 zone. With this in mind, if this 3800 low remains intact, we can have a nice rise from SP500...
After the break back under 4k, SP500 started to consolidate and is trading in 100 points up and down for almost 3 weeks now. The overall trend is bearish so a down break could be next. In such a case, the recent 3.5k low is exposed. This scenario has a negation above 3950. On the other hand, a break above the resistance of the range could lead to some gains and...
we see that s&p500 is downward . But at the begining of the new year we are waiting it to reach the support shown in the graph. if it reaches it . we can enter with a strong long position and wait for good results. The most important is not entering at anyplace. Missing some point is more important that be in trouble with getting margined in this market. we must...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
SPXUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% SPX, 48% Cash. * US New Residential Construction saw Building Permits for November down 11.2% from October to 1,342,000 and November Housing Starts down 0.5% from October to 1,427,000 . These numbers are reflective of an economy preparing for weakening demand as we head into 2023. ...
Here is a chart that calculates SPX "Fair Value", based off FED Net Liquidity variables. SPY ES1! Looking to the end of the year 2022 and the start of 2023, here are some SPX target ranges to keep in mind when taking into account the current FED Net Liquidity: Upper Bound: $4,271.69 Fair Value: $3,921.69 Lower Bound: $3,771.69 If you want a copy...
Interesting. Loads of news coming! CPI, FOMC, and interest rate decisions for CHF, GBP and EUR. I will wait until I see how the CPI data turns out before jumping in this market for trades.. especially for any buys. I do, however, see that *support * differently... as I am tentatively bearish in this market. D1: 1 - A bearish break of of Swing structure. ...
Rejected from top of descending channel with double top figure. Closing under the 1-day 50MA and Supertrend. Opening Boiler Bands with a down move toching it. 1s Targer 3500 - 50% fibonaci level and bottom of last move. 2nd Target (Main Target) 3200 - 61.8% fibonaci level. 3rd Target (REKT) 2760 - 78.6% fibonaci level.
SPXUSD daily guidance is neutral with a bearish bias. Recommended ratio: 45% SPX, 55% Cash. * The FOMC announced a 50bps rate hike today and adjusted their Dot Plot to reflect a 5.1% FFR in 2023 . Markets rallied prior to the announcement and then fell shortly after, though this could have been a short-squeeze, Equity and Crypto markets could see more...
The jury is out over whether a bear-market rally has topped, or last week’s decline is simply a pullback ahead of its next break higher. Yet the turn of momentum at a key resistance cluster suggests bears are regaining control. The S&P 500 had its most bearish week in 5 as its rally stalled at the 50-week MEA, trend resistance, a 161.8% Fibonacci ratio and the...
SPXUSD daily guidance is cautiously bearish. Recommended ratio: 35% SPX, 65% Cash. * US November PPI came in at 0.3%, a bit higher than the consensus estimate of 0.2% after rising 0.2% in October . This sent Risk-On markets lower as fears of another 75bps rate hike returned to the table. One good thing about November's PPI is that it increased 7.4% from last...
SPXUSD daily guidance is cautiously bearish. Recommended ratio: 35% SPX, 65% Cash. * BOUNCE WATCH . It's volatile week with investors preparing for another FFR hike (12/14) that is widely expected to be 50bps (with a chance at 75bps) as China continues to formally lax their Covid-Zero restrictions in major cities like Beijing where people with a negative PCR...
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Super BUllish 2 📆Monthly: after a deep correction now, the impulsive move is just started 3 📅Weekly: bear trend/beartrap double bottom/ make lower high 4 🕛Daily: the clear bull trend toward extreme high 😇7 Dimension analysis 🟢 analysis time frame: daily 5: 1 Price Structure: bullish 6: 2 Pattern...