Hi, Traders ! Monfex is on the air ! The S&P 500 set a new all-time high of 3,079 as of 4'Nov2019 having opened up with a gap above the key resistance level. * S&P 500 continues to set records as risk appetite of some traders and the overall confidence in stock market are both rising. * However, one should become really cautious of going Long at these...
Serious resistance at $ 3030 that succeeded in 3 attempts. At the moment in H4, a double top template was created Stochastic at maximum level with the intersection of lines. For all of the above reasons, we recommend a sell trade with a target of 2940 and a target can grow as the SP progress.
Ascending Triangle is a repeatable trading chart patterns. Ascending chart pattern will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline...
OANDA:SPX500USD Sell on catalyst
We broke above balance - and if we double the range we can get to around 3050 and still hold the upper range ot the megaphone
In this video, you will learn where is better to open accurate entry with potential profit in 6 times bigger than a risk.
Here's the results from my statistical analysis for S&P 500 E-mini Futures on the weekly chart. S&P 500 E-MINI STATISTICAL RESULTS DATES: 02 Sep 19 / 06 Sep 19 CLOSING BETWEEN (at 06 Sep 19): 2877 - 2933: 75% Probability 2849 - 2960: 93% Probability 2821 - 2989: 98% Probability P.S. This indicator is not for sale and will not be published....
SP500 attacked the 2900 level in Sep Futures to only be thwarted by the 61.8% retrace as well as China saying "no talks" Expect 2863 to be big bear hurdle here and roll down below, if hold risk is back to 2900
Because we all have a historical pullback to study this pullback against- I feel the majority bias is short. The majority cant trade in the correct direction 100% of the time. That would mean the majority of traders would be profitable. Instead it is a minority that is profitable. The flip side to what everyones thinks is the downside is what follows. This is by...
While earlier this week we all saw quite the large sell-off, only to be in an equal amount of awe regarding the rebound. In my opinion this is a rebound pushed further by algo's and robo traders. Do we go higher? We could but it doesn't matter. The market will sell-off very hard sometime in late 2019 or early 2020. Why? Quantitative easing around the world is...
SP500 Short Trade TL Break and Retest Lower High Daily Bearish Candle Closure
15 Minute: 5-3 Elliot Cycle completion completing within a horizontal channel. Start of Wave 1? RSI > 50 Entry on a clean break above resistance line. Target the height of channel. SL zone shown *Not Financial Advice*
$SP500 Mid // Longterm Outlook Bearish Momemtum continues within the stock market // Indices. We are looking for the scenario below to occur within the Mid to Longterm for the SP500. Confluence within this area being // - 0.5 Fib retracement via our entire Rally - Daily Demand - 200 EMA Support I will be a short term bull once we enter the 2635 range....
SPX has gone to far on fake in decreasing economy outlook 2019 1) No rate cut FED 2) Economic war ongoing China/Iran 3) Overbounght D1-H4 5) Asian markets and Europe are still not following 6) Goldprise rising. I expect sonn a hard 3-4 day drop. Targets are first to erase the huge raise in the last weeks since June 2019.
The chart depicts how the trading plans published in the morning - idea published on TradingView at 9:52am - tracked the market action. You can read the detailed results tracking at our site tradersAI. Hope you all had a good trading day, and if not, remember that tomorrow is another day of opportunity to utilize the lessons learned and the experience gained....
SP500 more sell off.. but first : a test of the small H&S
Comments included within Chart and 'Link to Related Ideas' directory. As predicted this 2.9K range was the local top for now.