SP500 has been bullish most of the year; a trend that can resume after a corrective pullback that is underway now, seen in wave 4 on a daily chart. However, wave 4 should then be made by three waves before correction can come to an end; which is not the case yet, as price action down from 4600 can be ongoing impulse; ideally sub wave 3 of (C) now, so more weakness...
Hello Community, the year of 2022 is coming to an end and the markets are showing important developments that are necessary to consider when moving forward into 2023 out of a trading and investing perspective. Therefore a main stock index like the S&P 500 is showing us crucial signs on what to expect in the financial markets within 2023. In this case, I have...
This is a follow-up post after SPY poorly defended the two key support levels discussed in my last post. There was little fight from S&P bulls and bearish sentiment after the Sept FOMC meeting that reinforced the higher for longer narrative. For now I'm waiting until the end of the week for the Q3 candle close at the end of September. I have the red trendline as a...
S&P500 is trading on a descending channel, on a very bearish 1D technical outlook (RSI = 36.220, MACD = -31.420, ADX = 38.889). The 1D RSI is on the same level as the August 17th bottom of this Channel Down. This decline is approaching a Triple Support Band: the 1D MA200 and the 1W MA50 which are headed directly for the bottom of the Channel Up that started...
S&P 500 INDEX MODEL TRADING PLANS for MON. 09/25 As our daily trading plans reinforced before the FOMC meeting stated: "...any indications of the Fed potentially pivoting to "being done" can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball that can tell...
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könnte sein, dass sich das Niveau mittelfristig wegen der Zinsen normalisiert auf das Niveau vor der Phase ohne nennenswertes Zinsniveau
SPX - Weekly Chart TA, Sunday, September 24th, 2023 Based on the 3 major time fibs, I am looking for a major trend into October 18th-Nov 8th period. The 2022 High/Low time fib 2.0 was one day off from the 2023 high. (Progress/Stalemate over the Government Shutdown can affect that thesis of timing) Longs: Last week's selloff left a gap above at 4401 - Bulls...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DXY chart) The key is whether it can meet resistance around 105.664-106.416 and fall. If not, the investment market is likely to enter a...
Hi Everyone, A summary of the last 5 recessions since 1981... These recessions triggered declines of at least 20%. The Great Recession from December 2007 to June 2009 was the one that most affected the market with a decrease of about 57%. Regarding macroeconomics, the Americans are currently implementing a monetary tightening policies and have announced a final...
CAPITALCOM:US500 chart mapping/analysis for short-term & intraday trades.
CAPITALCOM:US500 chart mapping/analysis for med-long term swing trades.
We have 3 gaps below to 4000-3960. Right now the support area is sitting at 4300-4260 where SPX is indicating we will test this upcoming week. We do have a gap above at 4400 that I expect a possibility to be filled if bears cover. 4300 hold we could bounce back to 4355-4400. 4300 break we test 4260 then 4200 followed by 4100 4000 then 3960.
SPX LONG UNTIL 4600 Microsoft Rolling out Pilot 365 Iphone Pro Max Titanium Sales for Christmas Nvidia Bullish Amazon Sales for Christmas Technical reversal Be Patient SIze According to your Posotion Focus on Price action do NOT Over trade LET THE MARKET COME TO YOU !!! DO NOT CHASE THE MARKET !! Cafe City Studio 2024 Stay Profitable !! GBA !!
SPX falling channel can test oct 2022 lows trend line. This is also hard resistance level since last quarter of 2022 and until 2023 may. expecting a bounce near off that point. after bounce very volatile action. All about defending this level, if if it breakdown and comes back up quick
Well, taking the masks off, that short was pretty obvious. Gonna start buying again it in First Trouble Area or after structure change. Till then, let the SPX chill a bit, that bullish rally was long enough
If you haven`t bought puts ahead of the FED`s Interest Rate Decision last week: Which happen to end up 4.18X higher after the Federal Reserve suggested the likelihood of another rate increase in the near future. Then you need to know that SPY is approaching an oversold area. And historically, as you can see in the RSI chart, in these areas technical players...
Has been a while since I've posted an update on the SPY as a lot has transpired in financial markets over the past few weeks, and months. The SPY has been trading significantly under its average daily volume, which has primarily been the driving force behind the momentum in my opinion. On the other hand, the SPY is holding a nice symmetrical triangle on the weekly...