SPX500 Short Setup 🔵 Entry Level: $4714.3 🟢 Take Profit: $4632.6 (2.61R) ⛔ Stop Loss: $4745.6 Reasoning: 1) Resistance level 2) Expecting divergence in the RSI Candles indicator 3) Yet to test the lower trendline of the ascending channel
🚨 S&P500 has hit a strong resistance trend-line 🚨 S&P500 has hit a strong resistance trend-line (violet line) and has formed an Evening Star Candle! This means that there is a very high probability for strong pullback. If the S&P500 can not find support on the red trend-line (at about $4600) we should see a correction down to the 50 DMA or 100 DMA. 50 MA is at...
all is the tittle with strong nfp stock should have down not up
Are we there yet? Elmo, we just started Lots of interesting action at the top, facts remain. Interesting pair of ellipses here leading us back to a low. Time will tell. GL
Confirmation on high frequency cross could happen this afternoon. I'm guessing, but I have to document it to make it real. GL out there
Hello followes, this is it, the last cup & handle this one of hell. It will be a little hard to swallow, so get prepared. thanks for following and trusting MW
Vix = Low RSI = Low Resistance at new ATH bounding line Escape from Regression Trend
SPX500 Short Setup 🔵 Entry Level: $4486.0 🟢 Take Profit: $4426.9 (1.28R) ⛔ Stop Loss: $4532.1 Reasons: - Reaching resistance level at $4485 - Expecting either divergence or highly overbought level on the PVS Indicator by the time price reaches that level. Game plan: If the price flips this resistance into support (tests it), I may close the trade prematurely...
The S&P500 and US Nasdaq run the international show. Whatever they do, the rest tend to follow. For this reason we'll take a good look at the two giants to see what their technicals look like and if or when they would become bullish again. We'll start off by bringing out our microscope in order to dissect the S&P500. Starting off on the weekly chart, the index...
Seems like a bear pennant is forming. Further market direction depends on the side that we break out of. I am sour so i want to see a solid move down from these levels. However, very aggressive buying is going on today. Loaded SQQQ, SPXS, UVXY, SDOW and a some puts. Either getting paid or getting my ass handed to me.
The most anticipated correction began on 7th sep2021 initial wave to unfold is zigzag in nature for quick profiting by BEARS 2 days recovery can give you a long opertunity ,but bears will hold the grip This will go till this month end upto or exceeding the level of c54(4232
Us500 breakout channel H1 frame Continued down trend
SP500 BEAR FLAG Wait confirmation to short this nice flag
Sell when people are euphoric, bought when there is blood on the street. Analysis : - Bearish divergence - Bullish channel - if we break the bottom, confirmation of the bear trend - - RSI -> overbought - Top of the yellow canal has been broken - the last time it was before the crisis of 2000 -
Today the S&P500 index broke the bullish trendline for the first time. If the downtrend continues to the expected 4200usd support, then the volatility this week can go even higher. I`m looking forward to read your opinion on it.
Just want to share with you my idea. If you read my past post I'm in "safe area" because market is really extend. For a quick reference I've crossed 3 graphs : Sp500 | Oil | Natural Gas Let's compare 2018 with today. I strongly believe that 2018 is only a "small version" of the 2020-2021 Economical LunaParKovid Frenzy. I was really surprise to discover...
US500 1D: Possible SHORT As we look at S&P500, we can see a possible fall from 4500 to 3400 in the coming months