When I said it would go down in DEC19 I had to be confident to stand on my analysis, and it played out. Here I support why its going back up, you've gotta draw the line somewhere, if its as the media portrays the world would have ended 10 times over already! TRUTH is concerning as this outbreak is, compared to our massive world population of 7.8 Billion (MAR20)...
SPX Risk Range - 12:30:05 (UTC) Tue Apr 14, 2020
Cdev bounced from double bottom and is directing to high numbers now. MACD and RSI + mfi look great! Looks like it can go straight to 0.59$ or then even to 2$. Veeery undervalued company when looking on price / booking value etc.
~3000 is great short term sell opportunity Be careful bearish bias. This is just my thought about wild market movements. Price can never be predictable.
Previous Close: 2663 Top range: 2733 Bottom Range: 2409 Bias: Short 12:50:40 (UTC) Tue Apr 7, 2020
Since the 2200 low SP500 is trading upwards, now the index has formed a base on 2500 zone and the correction could continue to 2870-2900 important resistance zone. Buy dips as long as the price is above 2500 could be a good strategy.
Purple is support. Targets in blue. Not financial advice, for educational purposes only. Good luck homies.
1 month chart is speaking, more you look from far, more the way easy. Buy around 2200. EMA100 is your way. Happy Tr4Ding !
Hello investor, SP500 is on important Support level region, we have buying defence on this level in the past few days. Yesterdey seens to be broken on downtrend side but today is forming a huge Bear trap in this level, we are also breaking the downtrend short term resistance line. We are facing a very delicated moment in the global economy, we cant predict what...
Good Risk reward to long here on Daily time frame, needs a bounce. Set stop loss of course. Predicting bear flag, long the flag cause trump say USA open for business, plus 2 Trillion free money right into earnings. USA earnings wont be that bad, only shut down mid march, and everyone panic bought. If people in USA continue going around spreading, end of April, go...
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Good day Traders! Continue from my previous post : Previously, We have mentioned SP500 might go lower and we will take anything below 2600 level. (FRIDAY CLOSED @ 2700 level!!) We have entered our trades @ 2500 level when market hits limit down, but didn't make any money there (but a small loss) when our CL (2480) is triggered. IT'S OKAY. Then, we...
Almost ready. The recession is just around the corner #SP500 #SPY
The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line According to Stochastic and RSI, the declines have not yet come to an end. Right now the...