Hello, Traders!
It is Brandon from futureswiggle.com
Today, I'm going talk to you how the S&P 500 futures will move in this market.
As you can see, The index of S&P 500 is on uprising channel. (Bullish channel)
Then you can see the Green line(Short-term support line), If the price keep going up above the green line, S&P 500 index may going up high until touch the ...
From what I can see the US market is no longer bullish.. despite all the remaining sentiment I still think the right context is a range, and therefore applying trend strategies in there is the most stupid action to perform ! Trade according to the range strategy would definitely be the best option.
Hope this idea will inspire some of you !
Don't forget to hit ...
Hello Traders,
In this Elliott Wave analysis, we will have a look at the SPX Index.
SPX short-term suggests that the rally from 4/02/2018 low to $2792.25 ended the blue wave (1). Down from there, correction against that cycle remains in progress in 3, 7 or 11 swing structure. Also, it’s important to note here that the decline from $2792.25 peak shows an ...
Hi Guys!
As we assume many of you are currently waiting for a bounce off.
Unfortunately we have very small volume here but this is the only bad news right now.
Looking back to 2012 on the BTC chart we can draw long-term support. We haven’s crossed it for over 6 years.
Most probable we won’t do it right now.
This support is more less at the same level as minimum ...
I am interested in BBBY
I've used 3 timeframes for overall analysis.
Current Price: $20.05
Current Support: $18.70, $16.40
Current Resistance: $20.80, 23.80, 26.25, 30.60
Observation of each #frame:
1. Monthly frame:
- Respected the support at $16.40
- Out of Curved channel resistance to sideway.
- Volume shows increasing quantity for the last 12 months. ...
Hello Traders!
The very interesting situation in the S&P500 index (ES). Suppose, that the market can take a form of Horizontal Triangle (EWA/EWP HT 3-3-3-3-3) So, we will try to buy near 1-st Strong Buyer's Support and take long position at the price 1871.00 (863 843 lots). The price target - 2089.00, our hedging risk T/P - 2035.00, S/L - 1870.00 (Of course S/L ...
Hello Traders,
In this short-term analysis, we will have a look at the SPX 0.45% in the 1 hour Elliott Wave chart. At this moment in time, the near-term cycle from 4/02/18 low (2555) remains in progress as a 5 waves leading diagonal .
Up from 2555 low, it has ended red wave 1 at 04/18/18 peak (2717.67). From that top, it has ended red wave 2 correction at ...
This index could still run a few miles ahead even though there is a tremendous technological valuation that needs correction.
A lot of things can change in 10 years, whether you like it or not Trump has a lot of power and influence on the USA and world economy for the next decade.
This projection is based on the fractal nature of market cycles.
The US stock market continues to drift in 2018. The Dow Jones index is locked in the range of 23400-25400. There is nothing terrible in this pause except for the fact that it can not last forever, and sooner or later one will have to leave the range. For this, of course, you need a serious fundamental reason. In July, this may be the earnings season in the ...
Like BTC this was just a study from last March, but Bamabull on twitter reminded me of this one.
Crazy how much SP has ranged since March! enjoy the AB=CD!
I feel wave 4 correction is potentially invalidated, any takers/thoughts? This was my previous wave count, which I thought was a clear 5 wave breakout from our 4th wave triangle on the daily.
Hello guys,
DOW30 - My bearish view is still confirmed - 23.300 is the key
1st: a Lower high on a weekly chart is the very first important signal about a possible downtrend.
2nd: Macd oriented downwards again
3rd: Rsi moving to weak area.
See you soon,
Simone
