The jury is out over whether a bear-market rally has topped, or last week’s decline is simply a pullback ahead of its next break higher. Yet the turn of momentum at a key resistance cluster suggests bears are regaining control.
The S&P 500 had its most bearish week in 5 as its rally stalled at the 50-week MEA, trend resistance, a 161.8% Fibonacci ratio and the...
A year ago i posted that SP500 will continue to fall ,now we see what clearly has happened since then . The overall fall has prodused ripples of fear throughout the whole market. Infation coming in hot , the FED keeps rising interest rates , mass cut of position jobs from big companies, most of that happening on a short period of time . I believe that if the...
SPXUSD daily guidance is cautiously bearish. Recommended ratio: 35% SPX, 65% Cash.
* US November PPI came in at 0.3%, a bit higher than the consensus estimate of 0.2% after rising 0.2% in October . This sent Risk-On markets lower as fears of another 75bps rate hike returned to the table. One good thing about November's PPI is that it increased 7.4% from last...
Hi guys, today I bring you an important point for macro analysis.
Many believe that seeing a significant improvement in economic data, especially those linked to inflation, showing that it is slowing down is something positive, is it really?
In a way, it's a positive metric when looked at in isolation, because inflation brings major disturbances to the economy,...
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Super BUllish
2 📆Monthly: after a deep correction now, the impulsive move is just started
3 📅Weekly: bear trend/beartrap double bottom/ make lower high
4 🕛Daily: the clear bull trend toward extreme high
😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: bullish
6: 2 Pattern...
A very robust US labour market data released on Friday shocked equity markets, which had surged in the aftermath of Powell's speech confirming a slower pace of rises in December.
Non-farm payrolls ( NFPs ) came in at 263k, which was significantly higher than the 200k that had been anticipated, and average hourly wages rose 5.1% y/y, well above the 4.6% expected....
UPDATE - $SPX (SP500)
The Major US Index has been on a massive run and is currently in a pull-back from the 'decision time' area.
The rising channel gives some support in the $3950 area.
Let's watch this level closely.
I'm short from the red supply box. Waiting to take profit.
Hi there,
SP500 is at high downtrend resistance and people are expecting it to go down. Wait for confirmation pattern: candle or H&S or Tops.
SP500 can break out of the downtrend due to other markets like GE40 and DJI have already broken past lower high and formed higher high.
kind regards
any thoughts do share
Hello everyone, today I'm going to bring here my view on the SP500
The SP500 is again trading at a downtrend line, which shows that we are in a strong sell zone.
This price zone is also confluent with the Fibonacci retracement range between 50% and 61.8% of the last leg down.
Knowing this, I believe that prices will test at least these two support bands that I...
Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the S&P500, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
Since...
Dear friends and companions:
According to my roadmap, after hitting the bottom of the ascending channel, the price will have a correction up to the specified area.
If you like my analysis, please like and follow me CME_MINI:ES1!
WELCOME BACK TO MY ANALYSIS, SP500 SHORT BREAKDOWN
Dollar FIRM this morning, as you can see in the chart, if that resistance today holds the price down,
we will can see a leg down maybo to 3616$, if this happen today, i would say BTC will be MELTING WITH SPX
STAY TUNED FOR CRYPTO
SEE YOU SOON
S&P 500 – CASH: Selling On Retracement Into The Range Of Bearish Multiple Inside Bar + Small Pin Bar (Combo Setup)
Price Action: Price moved lower from the Bearish Fakey + Small Pin Bar Setup that had formed early last week (We did not consider trading this setup, nor did we mention it).
Potential Trade Idea: We are considering selling on a retracement higher to...
Following my previous post, we are getting very close to the final drop, which I believe will be much bigger than people anticipate. Here is the chart for the dot com crash and the 2008 financial crisis, each event has began with a small price increase and then a drop. This event then happened twice more on a larger scale, with the final, aggressive pump resulting...
