Hello Traders, The sp500 index is supported by an inverted head and shoulders that can push prices to 4100 USD. FED rate hike will be 75bp ( or less ?) , I don't think 100bp today.
looks like with fomc around the corner we are most likely to retest our support zones mentioned in the chart. if you like the idea, like and follow for more.
I tried to study the drop on July 22nd to determine if there were 13 waves for a corrective Minor wave 4 or if there were 21 waves for the first wave 1 in Primary wave 5 down. I saw the former more than the latter. If this is true, my previous forecasts are only off by 3 days and the levels to which they finish will remain with the exception of the wave 4 to wave...
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...
Let us see how far market will go. Thank you. Please, like, share and comment.
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...
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