Fed Fight Fatigue/Reality to Set In Soon?
Markets are still trying hard to get unstuck from the Fed Fight and move on in some clear direction. Despite the apparently big moves and volatility and Fed events, the markets are just where they were in 2nd/3rd week of January! Double check the S&P 500 Index close on Jan 8th-12th, and you can see it.
There is no clear...
We have seen SPX bouncing up, but If it goes downtrend (Fundamental analysis) as we can see with fibonacci levels we can get deeper. The trigger point could be this Rising Wedge.
Only stating to SELL S&P 500 your choice to execute. ONLY EXECUTE IF YOU SEE THIS POST EARLY ENOUGH AS THE PRICE STILL IS AROUND THE SAME PRICE MORE OR LESS. Check out my previous posts to check my accuracy in the comment section.
Comment down below to get notified when to close the trade.
An ominous sign of real uncertainty that hasn't happened in a long time.
Maybe SPX price will not eventually cross green Kumo cloud and support will come from e.g. EMA100 on the monthly chart and later a reset market will show growth.
But tearing up from here is a very precarious position.
Hello Traders,
Hope you all are doing good!!
I expect US500 to go Down after finishing the correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market...
Hey traders, in the coming week we are monitoring US500 for a buying opportunity around 3930 zone, S&P500 long is one of the trade i would love to consider when the DXY shows some downwards as there is a negative correlation between DXY and the Stock Market. Technically i will watch the price action once the price approach the major daily trend.
Feel free to ask...
This year S&P500 will be going nowhere as it will be traded within a range of around 3400-4000 and probably will end around 3200-3800 by the end of the year. It may test lower point and may touch higher point than the given range, however it won't crash and won't spike either. The reasons for these analysis is based on Index Value Rainbow indicator above. This...
As an investor or trader, analyzing the market and making informed decisions based on that analysis is crucial. In this article, we will delve into an analysis of the market and explore a possible trade opportunity.
The market is a dynamic and ever-changing entity, constantly presenting new opportunities for investors and traders alike. At the time of writing,...
This area of mixed support and resistance goes back to November 2022. This is my first area of resistance. Next area tops at 4053. Based on the moves from yesterday and today, the top would most likely occur today. Monday is no longer needed to move higher.
The 15-year cycle from 2008 to 2023 SP500
The 15-year cycle from 2008 to 2023, which fits perfectly into a sphere and a square on fibo rate levels. Technical analysis of price actions with accumulation and distribution sequences
I have been waiting over a month for the reversal to finally complete. We are clearly on the path, but still need a few more things to occur to confirm that we are still in Primary wave B, but that it is near completion. IF we are still in Primary B (blue letters), we are likely in Intermediate wave C (purple letters) and Minor wave 3 (yellow numbers) was possibly...
The Fed Failing to Scare Inflation Off
This morning's initial jobless claims and productivity numbers show that the Fed is failing to scare off inflation, and the yields continue to rise. However, the increasingly bearish retail traders' positioning points to the potential for an upside spike. Thus, while the trend is downwards, bears need to be extremely nimble...
If we held above $400 it would signal a larger move up. Likelihood of that happening is quite low in my opinion. With a big week of low expected earnings, possible negative news coming from Powell, and many companies looking lacklustre with weak guidance, I expect that we can see a strong rejection of the $400 level.
Closed one put already from $399 to $396 and...
but as I always say you should never trust the indices...you have to follow the market with the stop if it does not manage to break a level put the stop below the level
Inflation and Rising Yields
The rising yields and inflation concerns still a big hang over on the markets. However, the increasingly bearish retail traders' positioning indicates to a potential for upside spike. Thus, bears need to be extremely nimble as there is a risk of sudden upside spikes due to retail stop runs by the big boys.
Positional Trading Models:...
in my previous analysis, I predicted EURUSD sell, and it moving nicely according to the analysis. I have booked 200 pips first TP and move stoploss to break even, I'm expecting it to touch the yellow zone I plotted. from that yellow zone we will know if it will continue downtrend or just retest to the upside.
