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...
S&P500 It remains bearish, in the next few days we will have a second opportunity to sell it. Note: See order block 3D Chart
There is resistance at 4200, and it could hover around here until the Fed signals either continuation of hawkishness or a capitulation back to dovish ways. If hawkish, expect continuation down to 3900.
Was this a back test or is there more downside? Looks pretty clean to me.
From yesterdays session, they strangled the S&P too high too fast. This will probably lead in a nice short micro crash to the center line. Do you see the daily chart? Price is exactly at the center line, and a 50% warning line confluence. Price just follow the rules of the Andrews Medianlines: "If price breaks through any Medianline, it pulls back to it, before...
Yes, SP500 is down a lot. Many indicators show oversold. But what I see here is nothing more than a natural pullback, which seems to align with the Pitchforks 50% Parallel. To me this could be a gift from the god to load up a little more. My target is still the Centerline. From there, we will see how the market behave. #planyourtradeandtradeyourplan
Pair: SP500 Side: Sell Limit Entry: 4021.3 Stop Loss: 4042.3 Take Profit: 3933.7
The big moves this prior week call into question where we could possibly be. Are the recession fears valid and will the market tank for the remainder of the year or is the bottom truly near? Let us study what Primary C could possibly look like. DATE TARGET Primary wave A’s length tends to contribute 30-40% of the movement of the larger Cycle wave in which it...
✅S&P500 is looking bearish on weekly timeframe ✅As per my setup and strategy we are highly expecting price to drop lower my target will be 3581 ✅ This could be bad news for crypto ✅Plan risk management according to your requirements. ✅The setup might fail if any external event effects the price or if did not follow the rules Note :This is my personal...
QQQ ETF / Market Bubble analyse According EMA Cross of EMA 20 & EMA 200 Expecting extra -15% marketfall by the end of the year. Used Techniques: Technical Analyse Fundamental Analyse Sentiment analysis
Yesterday SP500 has risen fueled by the FED. However, this rise is extremely short-lived and the index is back in support I expect a break of this support followed by a violent drop. 3.5k remains my target and I think it will be reached sooner rather than later
Looking at historic recession losses of the S&P 500 and given the current market conditions pointing to a recession one has can derive more downward movement for the stock market. Looking at the S&P 500 there is still a lot of room downwards to an overall 20-40% correction down into the recession from the last...
In my previous analysis regarding SP500, I said that I expect a drop under the 4k figure and things are getting closer and closer to that moment. Looking at the price action for the past 4 months, we can see that after a very bad start of the year, stocks have tried to recover, but sellers capped gains in the 4.5-4.6k zone. A new attempt of recovery started in...