We are potentially in the early stages of Primary wave 5 in overall Cycle A of SuperCycle 2. SuperCycle 2 began shortly after the beginning of January this year as we are yet to revisit a new all-time high for the S&P 500 index. The wave number nomenclature for this wave being analyzed is 152A5. I may reference the end of this structure (2A5 or A5) when comparing...
Hi Traders, Indices have been a bear market lately and we have finally have reached a critical point if we will see a breakout upwards another push down. Looking at the HTF price has been consolidating within a falling wedge reversal structure. On the LTF, price broke out of a bullish continuation pattern within the larger structure which seems to be...
Trading between 25% and 50% FIBS MAY complete last wave to 3900 – then Reverse Potential Triple Top -Strong Resistance Divergence On the Oscillators SP500 and US100 also has a similar flag - Hopefully TSLA MSFT GOOGLE APPLE AMZN eps will tank this market as all reporting in the next 14 days - and 7-21- Europe drops 10% if the Russian gas does not get turned...
SP500 and US100 also has a similar flag - Hopefully TSLA MSFT GOOGLE APPLE AMZN eps will tank this market, as all reporting in the next 14 days -ON 7-21 Europe drops 10% if the Russian gas does not get turned back on after maintenance – and 7-28 - 2nd quarter GDP numbers confirming recession 7-29 the Fed explains why another 3/4% hike scheduled for Sept ......
S&P 500 short targets from distribution $3250-$3450 area
Hi there, We just completed 5 waves down, now we are changing the trend short term for the upside, Price is inside a bullish triangle correction waiting for next leg up, up until 4300 possible Add at spikes down longs to the target 4300, good luck
I look for sales in indices hoping that the market respects the trend, looking for a minimum profit 4:1.
I have narrowed the likely future paths down to 3 theories. THEORY TWO: Current position is Intermediate wave 4 of Primary wave 1 of Cycle A of Supercycle 2. Theory 2 still has the bear market finding a final bottom 5-8 years from now. The path for the next month would see the market move up for a few more weeks as it attempts to finish Intermediate wave 4...
I have narrowed the likely future paths down to 3 theories. THEORY ONE: Current position is Minor wave 3 of Intermediate wave 5 of Primary wave 1 of Cycle A of Supercycle 2. Theory 1 has the bear market finding a final bottom 5-8 years from now. The path for the next month would see new lows below 3636.87 which was the recent low from June. IMPORTANT...
Bear market setup is complete. Looking forward big rejection from that keylevel area in 1 or 2 weeks.
overbought short time frame near filled/or filled the gap of 13 june he have much power btu i not think he wil go much up than now before back to 3833 pts if he go up like 3950 pts i not put a stop loss but add 1 lot and so when he back to my enter pts 3898 so i will cut both and will be in big gain also.. if he go up liek crazey and i m wrong so i will not be...
S & P 500 – Cash: Selling On A Retracement Price Action: Price moved higher from the Bullish Pin Bar + Inside Bar (Combo Setup) that had formed late last week (We did not consider trading this setup, nor did we mention it). Price moved higher from the recent ultra-small Bullish Tailed Bar Signal that had formed over a week ago (We did not consider trading this...
Hoping this breaks down as the chop is discouraging. The 3800 is resistance - unable to clear it ... Both the RSI and CCI overbought and trending down in a small divergence. Bollinger Band has really Narrowed - Like a Spring - So the break will expand the Volatility Any time J Powell speaks it rallies ONLY to tank the day after... My time frame is a week and...
If you followed the projections of the S&P 500, you where able see live, day by day, how the pitchfork/medianline tools and framework is applied to the markets. And more important, how we as trader can rely on these tools and rules. In the chart you see that the market swung up to create P4. It's really picture perfect so far. Now we approach P5. But know that...
US500 Intraday - We look to Sell at 3893 (stop at 3948) Preferred trade is to sell into rallies. We look for losses to be extended today. There is scope for mild buying at the open but gains should be limited. Previous support, now becomes resistance at 3900. Expect trading to remain mixed and volatile. Our profit targets will be 3732 and 3701...
Setup: 1. we note a d3 Choch 2. OB D3 3. Liquidity D3 4. will wait for 12H LTF Choch 5. Last OB H12 OB creation 6. Then we willSell
S&P500 Chart ( U.S benchmark Index; expresses how 500 large U.S companies are performing) Bullish: $4800 — Bearish $3400 (Based on some analyst, economist and wealth strategist) Where the fundamentals and technicals make sense. The Good but Bad news Employment change and jobless claims rates announced today is the “good but bad news”. The economy slightly...
Last week was a very good week for SP500, with the index reversing strongly and rising back above 4k important figure. However, after reaching 4.2k, SP500 has started to drop and now is trading at 4120. It remains to be seen if this is just a correction for the previous leg up or a resumption of the downtrend, but one thing is clear for me: for SP to remain...