Bearish, but expecting a short term bullish move. Price has reached the 4th standard deviation, swept the LRLR, then mitigated the +OB. The expectation now is an External -> Internal LQ move. Wait/watch for signs of reversal from the current poi. I enjoy any feedback or questions in the comment section. All opinions are welcome! LIKE or BOOST this post, if you...
Ideas to seek a short trades in a trend with a FIB retracement.
Price is clearly in a bearish trend. Price also has fair value gab and unmitigated order block zone. So initiate short positions near the order block zone after finding a strong bearish price action structure. Analysis trend is invalid if the price breaks and closes above the trendline. Good Luck.
My short plan for Sp500 worked out perfectly. I shared my view some days ago and adding shorts while it was going up paid out. Actually i closed all my shorts and i am looking to enter long. I think that a pullback is on the way
SP500 has made a nice drop like i predicted in my previous idea. I expect a little continuation of the drop before a pullback that could lead the price to the resistance area at 5250. Here i will look for a new short in the next weeks.
I think SP500 is on the way to perform a great drop. Looking on H4 timeframe we can see a clean break below main trendline and a retest of it. I think today we will see some volatility around the beginning of the NY Session. I expect a fake moves first to the upside to grab some liquity, next we should see a drop till support zone around $5130
Hello my friends. We see S&P Chart in Daily time frame be assumed this index to be reach 5600-5700 units for wave 3 of 3 and the end of wave fifth about 5900-6000 units.
This is a Thread, so Follow for Technical Analysis performed with TrapZOne Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
Hello fellow traders, Understanding the current markets are awful as of the this year, price suddenly sky rocket like a balloons on space. My idea is base on Distribution since the COVID 2020 fall of -35%, the price retrace back for 3 years on the run with almost 45% if price goes to my analysis atleast 4966$. Then we might see a fall or Down back to the COVID...
as i was helping someone better understand some of these terms, like golden pocket... actually ill skip it. okay the SPY, everyone's favorite!... (to play 0dtes on) jk, i do it too sometimes. This is a great example of a "high probability set up" . when you have multiple indicators pointing to the same thing. we have not 1 not 2 not 3 but 4! indicators all...
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...
CME: E-Mini S&P ( CME_MINI:ES1! ), E-Mini Nasdaq ( CME_MINI:NQ1! ) Stock investors around the world had a banner year in 2023. Of the ten major stock market indexes I monitor, eight delivered solid 1-year returns. • North America: S&P 500, +23.9%; Nasdaq Composite, +53.6%; • South America: Bovespa (Brazil), +22.3%; • Europe: FTSE (UK), +3.0%; Stoxx (Germany),...
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...
Hello Traders! Today I am focusing on the S&P500's next move and considering that we are approaching the Christmas period and that I am expecting a year-end bullrun towards 4700 I believe that at the moment the index could retrace towards 4525 with a maximum extension towards 4485 to load some long positions at better prices and then restart towards the...
We have the bullish trend and we are likely to enter the retracement to go in favor of the trend with a minimum risk benefit of 1/3
Still holding e-mini S&P long. Took a second entry at 4326.75 and moved stops below pivot point strong support @ 4315.5 I am looking for upside swing targets: Swing Target 1 =4415, Swing Target 2 =4431.25 and Swing Target 3 =4457.50 Regular session Targets: TP1: 4357.50 TP2: 4373.50 TP3: 4383.75 TP4: SwT 4430 TP5: SwT 4457