IH&S pattern broke up the 200 weekly ema. Bond yields will most likely be testing around 1.66% and as long as the markets stay up I think we will enter a blow off top. I can see 1.66% on the 10 yr or maybe even higher with sp500 making a monster run blow off top to 4200 plus B4 any larger correction.
SPX500 Long Setup 🔵 Entry: $3,911.9 🟢 TP & RR: $3,954.0 (2.48) ⛔ Stop Loss: $3,894.9 REASONS FOR THE TRADE ✔️ Market Flow Indicator went green ✔️ Trade in direction of the trend 📝 Not much to analyse here aside that it's a trade based on my system. With that being said the price may drop down to the support level, where I will be looking to open a long order again.
SPX500 Long Setup 🔵 Entry: $3,868.7 🟢 TP & RR: $3,3936.1 (3.05) ⛔ Stop Loss: $3,846.6 REASONS FOR THE TRADE ✔️ Resistance turned into Support ✔️ Market Flow Indicator Oversold 📝 Stop Loss is a bit close, so feel free to adjust it. If we break down from that level I will be looking to open a short order.
HEAVY RESISTANCE AT 3846.75, A FIBONACCI PATTERN DATING BACK TO THE DOT-COM AND GREAT FINANCIAL CRISIS ERA. THE FEDERAL RESERVE IS CLEARLY PUMPING ENOUGH MONEY INTO THE SYSTEM TO GET US BACK OVER THAT TREND LINE, AND DEPENDING ON HOW IT IS DRAWN, IT SEEMS WE HAVE JUST HAD THE BREAKOUT OF A DECADE. NEW BULL MARKET INTACT? FOLLOW PRICE, NOT YOUR EMOTIONS...
Completed ABC correction now breaking out of wave 2 of wave 1 of bullish move.
SP500 remains in yearly uptrend - yearly 250 days RSI above 50. Today´s pullback to 8 weeks ema gives a chance for longs to yearly R2 at 3782.80 which slightly above Camarilla H3 - reversal level. At yearly R2 we should see a major reaction.
S&P 500 Long Trade Entry: $3,807.4 TP & RR: $3,871.4 (2.29) Stop Loss: $3,779.5 REASONS FOR THE TRADE Building upon yesterday's SPX500 trade on which we got stopped out, I am once again trying to catch a bounce up from the lower trendline in a channel. This time the SL is set much lower and I am not a big fan of having such a wide distance, but I don't want...
S&P 500 Ascending Channel - Long Position Entry: $3,795.3 TP & RR: $3,873.6 (3.26) Stop Loss: $3,771.3 REASONS FOR THE TRADE I believe the price will respect the lower trendline in this ascending channel and will continue trending up. Initially, we had the order at a lower level, but it seemed that we wouldn't get a fill, so we trialed it up. Needless to...
anyway it's always perma bullish also when the world is bearish lol. it's more fun to trade in our Cryptoworld !! just made it for fun. Enjoy! Happy Tr4Ding !
SPX500 Long Position Entry: $3,772.9 TP & RR: $3,849.1 (2.92) Stop Loss: $3,746.8 REASONS FOR THE TRADE SPX500 has formed an ascending channel, so I am looking to open a long order at the lower trendline. In addition to bouncing off the trendline, I also want to see a divergence in the Market Flow indicator, which will signal a potential reversal. In any...
SPX500 LONG SETUP IDEA Entry: $3,715.9 Stop Loss: $3,680.5 TP Levels and RR: $3,784.4 (1.94) REASONS FOR THE TRADE I know that I am posting this with a bit of hindsight, but by the time I opened my order and came back to do the analysis the price has already gone up. Anyway, I am posting this in case there's a small retracement and you decide to jump on...
In the two timeframes we can see that the SPX index is undecided. We received a sell signal on the 4hours, but the S&P remains bullish on the daily timeframe. Please leave me a message if you want to test the buy and sell indicators that i am using.
CURRENCYCOM:US500 S/L 3686.9 - T/P1 3783.2 - T/P2 3853.6 - T/P3 3945.0
SP500 is very likely to shoot to yearly R2, where we will see major reaction or a big stall. Price is in strong bullush momentum (missed monthly pivot). It is liekly to test new monthly pivot or monthly TC at least (both form in less then 1 day) in January. FOR EDUCATIONAL PURPOSES ONLY
Let take this buy Short term analysis
Hi guys, here is my analysis on OANDA:SPX500USD . How you can see in the chart, the price is going to touch the trend line. When it will do it, the RSI should be in the oversold zone. If the price keep falling throug, it should make a divergence between the price and the RSI when it will be close to the SMA(200). This is why i think the SPY will reverse. The TP...
SP500 is at the historical high and currently broke and retest the 3445 previous weekly resistance now turned support. After the last bullish impulse, the price never retraced back even to the 0.382. We can notice from the chart how the 0.5 and 0.618 levels were already important levels in the market. IF the price will break below the weekly support and...
Buy opportunity if price pull backs at this demand zone that i have marked in analys. share your idea in comments