CME: E-Mini S&P 500 Options ( CME_MINI:ES1! ), E-Mini Nasdaq 100 Options ( CME_MINI:NQ1! )
Initial data from the biggest U.S. shopping day sends a mixed signal.
• E-commerce sales on Friday increased by 8.5% year-over-year, while in-store sales grew by just 1.1%, according to MasterCard Spendingpulse. The aggregate Black Friday retail sales rose 2.5%, excluding...
Hello Traders!
Today I am focusing on the S&P500's next move and considering that we are approaching the Christmas period and that I am expecting a year-end bullrun towards 4700 I believe that at the moment the index could retrace towards 4525 with a maximum extension towards 4485 to load some long positions at better prices and then restart towards the...
Greetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want...
Greetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want...
Gold / XAUUSD (future) as an "touchable asset" for "ancient mankind" to "accumulate" wealth VS "equities market" an "virtual asset" for "modern mankind" to "accumulate" wealth. As US SP500 index = benchmark / gauge for where is the "richest men on earth wealth's "performance". One should understand and "read" where "the modern capitalisms" run without "bias" due...
Currently I see several possible scenarios for the possible price action.
I will do my best to explain every possible move very clear, even though I think it will be a bit tough for me, because of such variety.
***Let’s begin with short term possible scenario.***
***#SPX 1W TF***
I always give as possible play out for Longs, as for Shorts.
In my opinion, if...
Recent Rally: The S&P 500 has shown remarkable resilience, rallying nearly 10% in November 2023. This surge has brought the index close to its 2023 intraday high, primarily driven by positive earnings among Big Tech companies and easing macroeconomic pressures.
Current Position: As of now, the S&P 500 is positioned at approximately 4,514, which is just 2.1%...
CME: S&P Consumer Staples Select Sector Index Futures ( CME_MINI:XAP1! )
Last week, new government data showed further evidence of declining U.S. inflation rates.
• On November 14th, the Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) was unchanged in October, down from 0.6% in August and 0.4% in September. The headline CPI is now...
With a few more days of data from the last analysis it is time to lay out the next possible paths. The index and markets are very much so overbought. A downturn is coming. No matter what happens this week, December will likely contain the next selloff. Does it continue tomorrow, or can the market find another new high above 4521 first? I will lay these out along...
Operating under the premise Primary wave 2 was finally finished or will soon, this is the preliminary peak at Primary 3 down.
Here is the hourly:
I am displaying the daily with the play button so it will be viewable forever on TradingView as the hourly will eventually stop loading (years from now).
Things to note, Primary wave 2 was the third largest...
It appears to me that the SPX has formed a cup and handle pattern with a measured price target of $6,158.2. It will be interesting to see how this plays out. This is not financial advice, nor is it for your educational purposes. I am simply sharing my ideas to preserve them for myself and get feedback from others.
Hello Traders !
On The Daily Time Frame, The SPX500 Price Reached A Strong Support Level (4141.00 - 4103.00).
The Resistance Level (4397.84 - 4376.45) is Broken and Becomes a New Support Level.
The Resistance Line is Broken.
So, I Expect a Bullish Move📈.
i'm waiting for retest...
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TARGET: 4500.00🎯
In my previous SP500 analysis I wrote that, although the price is in a strong confluence resistance zone, I would not sell that resistance, instead is better to buy dips.
After a very small correction, yesterday, the price managed to break back above resistance, confirming my suspicions of strong bulls in the market.
At this moment all are in favor for up...
Last night I posited 3 theories:
1) We are still in Intermediate wave A up
2) Intermediate wave C (and Primary wave 2 up) will end this week
3) The market topped last Friday at the close
I went into theories 2 and 3 last night but wanted to dedicate more time to theory 1 which will occur here. I first placed the Minor waves (yellow) where they likely ended. I...
The S&P500 index SPX surged by +1.31% last week to close above 4400 resistance level. The index is showing that there's more potential is yet to come, to hit 4520 next.
The week ahead:
The meeting between US President Biden and China President Xi is the highlight; there is also US CPI and retail sales, the former being a key input into the Fed's policy...
The movement of the past week has raised many questions as to where the market is which we will attempt to answer in this analysis.
The long duration Intermediate wave A, followed up with a quick and tiny drop for Intermediate wave B presented characteristics I have compared to similar historical events. The best way to categorize this pattern is by comparing Wave...
