Upward trend.
Currently, the SP500 is in a Double Top pattern that can cause a trend change.
The Stochastic confirms the Double Top pattern by crossing its lines and positioning.
Target: 2830
The graph above clearly shows the support line of the rising channel and the resistance line.
One of the most attractive products currently available in the foreign exchange market.
Ichimoku indicator continues to support further gains in the SP500 price.
Because the index has broken a new record and the Stochastic is at its upper limit and signals a correction...
Jobs Numbers, Options Expiration, Thin Liquidity
Today's Jobs number is not supportive of imminent interest rate cuts. It being Friday, options expiration levels would also pull the market in various ways. And, most professionals may be taking a long weekend, leading to thin liquidity. Together, these factors could be making for a choppy market today.
The...
As can be seen in the graph above, resistance has been breached and as you know we have a simple rule if support or resistance breaks it is very good to enter the market in this case we recommend buying with a target price of 2940 At this price, the sp500 will have a real test and we will see whether it will pass it successfully or that it has created a double top...
For the past 14 days, the price of the S & P500 has been stuck between 2767 and 2813. We believe that because of the wait for Trump and China, will they reach an agreement or not? If the Chinese and the Americans reach this agreement, it is good for sp500 and if not is bad, All this in terms of Fundamental Analysis, In terms of technical analysis we see in the...
When S&P500 breaks the current level of ~2300 area, chart can drop to ~1900 levels!! But, there can also be a retracement and price will rise up again, even to ~3000 area. All depends of sentiment in the market. Fibonacci only shows what will happen when price bottom or price top gets broken, not if these levels will become broken. But IF they get broken,...
buenas de momento se ven 2 caminos primero hay HCH inverso dando posible alza hasta los 3034 puntos de momento estamos en caida pero de cumplirse ese nuevo maximo se puede obtener un expanded flat correction por el cual traera una gran caida mas rapida y mas fuerte en todo el mercado hasta los 2307 puntos por el contrario si ya se da de invalidado el el HCH...
Moving Average 20 days is touched. When it breaks 2806 points, possible retracement to 2759. Stop loss at 2820 when short order opens.
February 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a...
Exchange rate bounced from 2872.62 it is puwerfull buy signal.
Also, Long - term trend is bullish and news about US economy is briliant.
I recomment to open a Long near: 2878.30
S/L: 2853.88
T/P: 2951.17
CCL - Candle created level
CAP - Candle Approved level
FB - Fake broke
P - potential profit in 3 times bigger
P.S. Push like and subscribe if you want to...
Hi everyone,
so SPX has been performing like I forecasted. Have a look at the last analysis: Now the index is nearing its all-time high. And in my opinion, it is just a matter of time when it takes out the all-time high.
However, having a look at the index now, it can be the case that the SPX can do a correction lower in the next week or 2 before extending...
When I fit the chart in the Fibonacci sequence, I conclude that it exactly fits in the sequence as how I show it here and as how my experience has learned me that charts behave concerning the Fibonacci sequence.
- The price went up from '0' to 700 points between 1980 and 1996 = Fibonacci 0% to 78,6%
- Than the price went further to 1200 points between 1996 and...
February 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's August so the...
February 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's August so the...
February 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's August so the...
