Hi All, Looking at the chart from a channel perspective, one can see that the price action is over extended with a daily and what looks like the weekly, both with bearish divergences. One will then expect sooner or later for it to return to the average, in this case, towards the mean of the channel. I believe a double top is taking place and if we see the...
We are approaching resistance very slowly. The price respects the level, which means that most likely there will be a breakdown of the resistance and we will go higher to 3500. Again, I would pay attention to the strength of the breakout impulse.
Comfy in my long, already in a good profit, plan to close it soon. As I expected index continues to rise with all these stimulus checks, Fed prints and markets FOMO. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own research.
respect to levels let market come to my zones then enter with proper size consider risk too
Looks like the inverse chart of 10yr & SP500, over bought on H4 D1 a larger correction to the DXY is underway and another pump to stocks crude oil seems more evident
Liberal media trying hard to send the world back to the stone ages... Not gonna happen!!
Looking at the SP500, what do you do after that big sell off, without warning? Im staying long. If you look at the cycles we arent even close to 35 days, so we should have more time before a drop into the DCL. We bounced off supporting moving average at the blue arrow. Note weve bounced off that MA before. IF we dont recover fully, then we may be starting a bear market.
Highly structured pump running for 100 yrs almost!
We are looking at a very possible upward move in the S&P. The result of the JOLTs report could possibly add to this upward move. The downward move lately is finding enough liquidity for a price upward. The present price is a strong support which when it gets broken may reach down to 3180.40 then going up back to 3223.79.
Hey guys. My analysis on why VIX had to go green today. Normally, SPX has been trading in a steady trend, not upsetting the VIX and keeping VIX in a steady downtrend, while SPX stays green and VIX stays red. But on the daily VIX timeframe, you can see the gap that needs to be filled under $22.00 - and it will, soon. The next daily candle on VIX, if red,...
Hey Guys! Like and comment if you like the content. 👍 Subscribe will be a lot of interesting 👌 Suppose correction to the area 2.936 and from this price I will buy for the purpose of 3.390 DISCLAIMER: The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
Noticing a pattern here, looks like every 2 years the NDX gets wrecked B4 completely retracing back to all time highs, then selling off for a nice pull back B4 continuing it's parabolic scam.
Went long here because around 2972 is a critical level for me and price bounced off it. This is not financial advice, it's just for entertainment and educational purposes.
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Hi All, *** Note: This video is a followup on my previous posting on the SP500 forecast, with measured success. *** The following video post is my take on the SP500 price action in terms of technical analysis. If you were to look at my previous posting on this, it gives a background to this video. But I also recap some of the points in this video. This video...