We have to wait for a retracement on discount zone OB zone is for buying Keep it Simple
- sp500 lvls for next weeks - beware of news at the begin of next month. / see other charts (ETH, SP500 ) - let me just post it here - imo. pump before nuke.
Looking at the previous price confirmation, when price met the 50 exponential moving average (EMA) and formed at least a piercing line candlestick pattern, price moves towards the upside If the October candlestick of the S&P500 were to close at least 50% of the previous month candlestick, we are likely to see a reversal movement of the equities market. We are...
new spx500 gann fann test and average bull cycle waves qqq and spy 2001 boom pattern shape
Possible magnet SPX SPX500 to the Daily 100ema 3918 Watch for continued move up to kiss or fill the gaps above us at 4037-4083/4203-4218 if it pushes through and holds that 3918 area Watch double top reaction here at 3886-3895 3day & Weekly have room to run 1d extending
SP500 on the 4h chart after the recent low retraced to the upside with a series of higher high and higher low. The price tested a supply zone yesterday and is now trading above a support area. Hoe can i approach this scenario? I will wait for the EU market open and if the market will break and close below i will consider a nice short order according to the...
Supply and Demand Supply and Demand is one of the core strategies used in trading. It focuses on the ancient laws of supply and demand and how price moves in a free-flowing market. The foundation of this strategy is that the amount of an instrument that is available and the desire of buyers for it, drive the price. It identifies zones on the chart where demand...
Following my previous post, we are getting very close to the final drop, which I believe will be much bigger than people anticipate. Here is the chart for the dot com crash and the 2008 financial crisis, each event has began with a small price increase and then a drop. This event then happened twice more on a larger scale, with the final, aggressive pump resulting...
This idea illustrates a repetitive pattern which occurs during recession/bear markets. First sign is the VIX keeps basing higher and higher then you get a well defined resistance line going back to the base line BEFORE the crash which coincides with the end of the bear market. Then you get multiple retracements on the VIX which are all shorting opportunities!! I...
SPXUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% SPX, 40% Cash. * 50MA RESISTANCE TEST . Equity Futures, Hang Seng (Hong Kong) Index, Cryptos, DXY, US Treasuries and JPY are up while CNYUSD, GPBUSD and EURUSD are down. Equities and Commodities finished today's session higher. US September New Home Sales came -10.9% lower at 603k...
Today I am charting the S&P 500 (SPX) on a monthly chart over a multi-year period. The chart has various drawings noting support areas on the way down. I have also shown the Great Recession crash with a 56% drop. Assuming the same, the S&P 500 would come down to the 2,100-2,300 range which falls in line with the 0.618-0.65 Golden Pocket Fibonacci Retracement. If...
Technical & Trade View SP500 Bias: Intraday Bullish Above Bearish Below 3800 Technicals Intraday 3800 is the primary support Primary upside objective is 3900 Failure below 3770 opens a test of 3700 20 Day VWAP bullish, 5 Day bullish
Since the recent low at 3500, marked by a huge bullish engulfing, with a long down tail and engulfing the previous 3 days, SP500 started to rise and, at the time of writing is trading exactly in 3800 resistance. With a new bullish engulfing on Friday, the odds are in favor of a bottom, at least for now. At this moment I see 2 bullish scenarios in SP's case: 1. A...
My bearish count and take, its possible 5 wave correction on the fib 0.5 support
First buy to upper trendline and bounces and sidaways at the bottom next week might flooded First BUY Second SELL from upper resistance zone
Fellow traders, ES is in a tricky place. Many traders are getting excited about longs this week and I can't blame them. However, my strategy is painting a different picture. Last Tuesday and Wednesday we saw 3580 holding LIKE A BRICK WALL. It is very clear institutional entities had an interest in defending the level. 3600 - 3580 was a battle zone that I don't...
SP500 on 4 hour has broken out of two formations. 1. The medium term downtrend the markets been in for the last few months. 2. A W Formation which has broken into a new uptrend... Bullish Target to 4,200 Regards MATI Trader