Hello everyone, if you like the idea, do not forget to support with a like and follow. SP500 made a new high yesterday and it's looking to make new ones until the Friday closure. We are heading to 1.618 fib level after breaking the middle line of the channel. A breakage of the 1.618 level will take us to retest the upper trend line of the channel. EMA100 seems...
Let take this buy Short term analysis
#spy Real-Time Algorithmic Trading Signals. Stay curious
S&P 500 futures are the leading indicator of the market's health and where we could be headed. Currently we saw the market pop right off the support structure form the 100-day EMA where institutional buying started to come in again. There are 2 key levels we are watching for currently. The first is at the 3220 or so where the 100-day moving average and the...
Elliott Wave View of S&P 500 E-mini Futures (ES) suggests the Index ended the cycle from June 15 low as wave ((3)) at 3587 high. From there, Index has extended lower to correct that cycle. The correction is unfolding as a double three Elliott Wave Structure. Down from wave ((3)) high, wave W ended at 3347.75 low. Wave X bounce ended at 3453.25 high. Index then...
Hello Update ONLY - Intermarket Spreads index ETF commodities etc / I Believe the sp vs DOW spread is the most profitbale for me at the moment. I will stick with it. Intermarket Spreads index ETF commodities etc /
Elliott Wave View in S&P 500 E-mini Futures (ES_F) suggests the rally from 6.15.2020 low has ended at 3226.25 high as wave (1). Up from 6.15.2020 low, wave 1 ended at 3156.25 high and wave 2 dips ended at 2982.72 low. Index then extended higher in wave 3 towards 3184 high. The internal subdivision of wave 3 unfolded as 5 waves impulse Elliott Wave Structure. Wave...
And don't forget to take your profits...
Zone Sell : 3004 Target : 2970 Zone Sell : 2954.75 Target : 2935 And don't forget to take your profits...
I draw inspiration from a brief analysis of AUD-USD to make some considerations on the moment we are living. In recent weeks the world economy has been in difficulty because of Covid-19, however, from a rapid comparison of the data, we can see how the Australian economy has strengthened over the American one since the beginning of the year. Under normal...
Last week ended bullish - above the 50 ma, bullish hammer on the weekly chart, still well below the daily upper Bollinger Band. I think this week should stretch upwards a bit more, hugging the purple channel on /ES and squeezing out shorts. I also think we're close to a turn downward, but last weeks failure to make any real bear tracks means (to me) that we've got...
S&P 500 E-Mini Futures (ES_F) broke above last week’s high at 2635.75 and shows incomplete sequence from 3.23 low, favoring further upside in near term. Short Term Elliott Wave suggests the rally from 3.23 low (2174) is unfolding as Elliott Wave zigzag structure. Up from 3.23 low, wave ((A)) ended at 2634.5. Internal of wave ((A)) unfolded as 5 waves impulse...
Hello investor, SP500 is on important Support level region, we have buying defence on this level in the past few days. Yesterdey seens to be broken on downtrend side but today is forming a huge Bear trap in this level, we are also breaking the downtrend short term resistance line. We are facing a very delicated moment in the global economy, we cant predict what...
#sp1! - S&P500 futures gapped down on the first night of trading following the worst week for stocks since the financial crisis. A continued push down was expected after more negative news flowed out during the course of the weekend, most notably in the U.S. where we saw the first Covid19 death, as well as localized quarantines and self-isolation being...
OANDA:SPX500USD SELL 3191.9 SL-3283.6 TP1-3030.8 TP2-2826.1
I know this sounds crazy. 1:8 Risk to reward? Winning probability of this trade is less than 25% maybe less. However x8 sounds crazy and i would like to take this trade. I have shorted 4 micro contracts.i will update this this post accordingly. Disclaimer: This is not financial or investment advice Trade safe Atilla Yurtseven
After U.S. President Donald Trump renewed his tariff threat against China, U.S. futures contracts — including for the NASDAQ, Dow and S&P 500 — retreated from their all-time highs. As well, this morning, exacerbated by the roiling unrest in Hong Kong, global shares are a sea of red. Sentiment itself is fragile and will likely follow prices. The S&P 500 has...
Bull flag still intact for now