ABCL, TGNA and BOXL are showing great entries for long term investments that may provide more than 300% return. Interest rate cuts may accelerate the process.
im a buyer of the dips. looking for previous resistances to become future support . The uptrend is intact , in fact this is a bear trap. Notice how buyers stepped in on C wave of the ABCD pattern, when it retraced. Bears are trying hard to push this to wave 2 near b leg of the bearish cypher pattern around 409.36... A massive short squeeze will occur...
Markets Struggling to Gain Some Traction - Day 2 Despite the initial downward momentum post-PMI release this morning, markets still seem stuck in the tug-of-war between the "Inflation peaked" optimism and the "recession onset" concerns, and the earnings season so far has failed to give either the bulls or the bears any real traction. Whether the earnings next...
AMEX:SPY Bearish and bullish scenario possibilities based on price action. *it should close above the Bullish and bearish line to be a valid trade.
Hi. I want to show you two SPX charts, one for 4H and other for 2W. And tell you why I chose them, as well as how uncertainty can affect the price. Left screen. Enough signs for a decrease. 1. Spin top. 2. Gap down. 3. Tenkan-Sen break. 4. Bearish divergence. We can say that the next month will develop a downward movement. But in what larger situation is this...
Markets Struggling to Gain Some Traction Markets seem stuck in the tug-of-war between the "Inflation peaked" optimism and the "recession onset" concerns, and the earnings season so far has failed to give either the bulls or the bears any real traction. Whether the earnings ahead will help the markets gain momentum in either direction remains to be seen. Our...
The SP500 index, which is in a downtrend in the long term, tries the trend many times. If the trend is broken, it will target the next trend follower level of $4400. If it is rejected from the trend, it must hold on to the arc.
If Intermediate wave 1 is finally done, it was a few days late, but on target. Next forecast is for Intermediate wave 2 which should see the anticipated market decline over the next 5-12 days. This means the bottom should occur prior to May 2. As of now, Intermediate wave 1 was 23 days long. Waves ending in 2BC2 have been 20-50% the length of their first wave’s...
S&P500 AMEX:SPY is clearly forming a Bear Pennant flag in the monthly TF breakout below the bottom trendline will confirm that pattern 📉 Long term target in chart (in case of breakout) CBOE:SPX NASDAQ:QQQ AMEX:SPY MIL:BTC
"Inflation Peaked" Relief v/s "Recession Onset" Concern With the CPI and FOMC minutes almost confirming the cooling off of the inflation and potential "mild" recession, markets are on-and-off with the sense of relief for a day and with the sense of concern another day. The imminent earnings season should help decide which way the sentiment would settle towards....
The S&P 500, Nasdaq, Dow Jones Indexes, and Bitcoin cryptocurrency have all reached a Resistance Price Level Zone in April 2023. USA Stock Market Season for Q1 2023 officially began on 04/14/2023. If the majority of Stock Earnings are good, the price of all 4 assets could breakout above to test previous 2022 high prices (August & April 2022). However, if the...
SPx stabilizing above 4142 will be bullish to get 4155 and above it 4166 but stabilizing under 4090 will be bearish to get 4073 and 4060 The movement range will be between 4102 and 4122 Pivot Price: 4101 Support prices: 4090 & 4073 & 4060 Resistance prices: 4122 & 4142 & 4155
CME: E-Mini S&P 500 Put Options ( CME_MINI:ES1! ) Important data releases in the coming weeks would shed light on the health of the US economy and could have significant impacts on global financial markets. We will focus on a number of critical datasets, mainly the following, in the upcoming weeks: • Federal tax revenue (Tax filing deadline: April 18) • Existing...
Lets take a deep dive into the SPDR S&P 500 ETF Trust (SPY) and examine its trends across weekly, 4-hour, and 1-hour charts. Using technical analysis tools and strategies, we uncover insights into how SPY is behaving on different time scales and what that might mean for traders. Whether you're new to trading or a seasoned pro, you'll find valuable insights and...
Logarithm. The time frame on both charts is 1 month. It is worth considering as an indicator of large market cycles in general. I will not describe it, because I have already said a lot about it before. There is a correlation, which is logical, but not always. There are also reasons for this, which I have voiced before. Expensive and cheap money - the...
ON US500 I would not trade in the next few days, more information and more movement is needed because from this area it can both go up and down. In practice, I closed the day above the support but it is below the trend line (the blue one), if on Monday it does not close above the trend line and possibly confirms on Tuesday above the trend line, then in that case I...
SP500 on the 4h chart after the test of the weekly support at the 3840 structure started a series of higher highs higher lows move. The price that already tested a few times the 4000 level has retraced over a previous support area exactly at the 50% retracement and is now looking for a potential break . How can i approach this scenario? I will wait for the EU...
"Inflation Peaked" Relief v/s "Recession Onset" Concern With the CPI and FOMC minutes almost confirming the cooling off of the inflation and potential "mild" recession, markets are on-and-off with the sense of relief for a day and with the sense of concern another day. The imminent earnings season should help decide which way the sentiment would settle towards....