Looking at SPX on a Large Timeframe Post the 08 market crash price has accelerated very fast away from the trend line I have drawn in white. Is it following another trend like the one drawn in dotted green, or will a retest of the white line come.
It is more likely in my opinion that it follows the green curve up as a drop like that would be a massive bubble pop.
See how it unfolds
Monthly timeframe
S&P 500 (SPX500)
SPX — a new ATH is coming very soon.The market has just formed a clean initial impulse and broke out of the descending Andrews pitchfork , which tells us one thing: the correction is about done. (I previously expected a triangle as a possible correction, but the structure is now clear.)
From here, the next step is simple — a new all-time high.
Targets: I’m focused on the 127.2% and 161.8% Fibonacci extensions of the correction.
Trading plan: I’m waiting for a local 3-wave pullback — and only then I’ll enter on the breakout. Entering “just because it dipped” — ❌ never an option.
LULU Analysis | Crucial Support & Resistance Before EarningsIn this video, I break down a complete Lululemon (LULU) stock analysis ahead of its upcoming earnings.
You’ll learn the key support & resistance levels, expected volatility zones, and the technical signals that matter most.
🔍 What’s Inside the Video:
Lululemon’s current trend & momentum
Technical breakdown (chart pattern + volume + indicators)
Key support & resistance levels to watch
Earnings expectations & potential price reactions
Upside and downside targets
Risk zones and invalidation levels
Short-term and swing-trade ideas
📈 Why This Matters
LULU earnings often create huge price swings.
This video gives you a clear, actionable view of how the stock might react and what levels traders should focus on.
SP500: Ready to Break Out and Forge New All-Time Highs S&P 500 indicates that the recent complex downward correction is complete, having bottomed at 6501.7.
The market is currently rallying and is testing the major upper trendline resistance. The analysis projects a minor, temporary pullback to gather momentum, potentially to the 6775.0 area. Following this consolidation, a decisive breakout above the trendline is anticipated. This will confirm the launch of a major new upward wave, expected to drive the S&P 500 to new all-time highs above 6928.
Stay Tuned :)
@Money_Dictators
S&P500 - US markets closed, liquidity thinUS Thanksgiving Holiday
US markets closed, liquidity thin globally.
Expect muted volumes, potential for exaggerated moves in FX and rates due to reduced participation.
Key Support and Resistance Levels
Resistance Level 1: 6830
Resistance Level 2: 6848
Resistance Level 3: 6866
Support Level 1: 6770
Support Level 2: 6756
Support Level 3: 6735
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
S&P 500 levels to watchFollowing the big recovery, lots of short-term levels have been reclaimed this week but with US markets closed today, index futures have been fairly quite and easing back down ever so slightly. Key support is now seen around 6771-6780 on our US SP 500 chart (derived from the underlying ES prices). Below that, 6716 is the next support. Bulls will get in trouble if 6659 - most recent low - breaks. On the upside, 6829 is first hurdle, marking the point of origin of the previous drop. Ideal location for the bears to step back in if they want to regain control of price action. Lose that, 6877 is next upside target then the all time high at 6922.
By Fawad Razaqzada, market analyst with FOREX.com
Tech Sector Goes "Three Black Crows" — Bear Market Cont PatternThree Black Crows is a term used to describe a bearish candlestick pattern that can predict a reversal in an uptrend.
Classic candlestick charts show "Open", "High", "Low" and "Close" prices of a bar for a particular security. For markets moving up, the candlestick is usually white, green or blue. When moving lower they are black or red.
The Three Black Crows pattern consists of three consecutive long-body candles that opened with a gap above or inside the real body of the previous candle, but ultimately closed lower than the previous candle. Often traders use this indicator in combination with other technical indicators or chart patterns to confirm a reversal.
Key points
👉 Three Black Crows is a Bearish candlestick pattern used to predict a reversal to a current uptrend, used along with other technical indicators such as the Relative Strength Index (RSI).
👉 The size of the Three black crow candles, timeframe they appeared on, the gaps when they opened, the downward progression sequence, as well as their shadows can be used to judge whether there is a risk of a pullback on a reversal.
👉 The “Three Black Crows” pattern should be considered finally formed after the sequential closure of all three elements included in it.
👉 The opposite pattern of three black crows is three white soldiers, which indicates a reversal of the downward trend. But maybe more about that another time.
Explanation of the Three Black Crows pattern
Three Black Crows is a visual pattern, which means there is no need to worry about any special calculations when identifying this indicator. The Three Black Crows pattern occurs when the bears outperform the bulls over three consecutive trading bars. The pattern appears on price charts as three bearish long candles with or without short shadows or wicks.
In a typical Three Black Crows appearance, bulls start the time frame with the opening price or gap up, that is, even slightly higher than the previous close, but throughout the time frame the price declines to eventually close below the previous time frame's close.
This trading action will result in a very short or no shadow. Traders often interpret this downward pressure, which lasted across three time frames, as the start of a bearish downtrend.
Example of using Three black crows
As a visual pattern, it is best to use the Three Black Crows as a sign to seek confirmation from other technical indicators. The Three Black Crows pattern and the confidence a trader can put into it depends largely on how well the pattern is formed.
Three Black Crows should ideally be relatively long bearish candles that close at or near the lowest price for the period. In other words, candles should have long real bodies and short or non-existent shadows. If the shadows are stretching, it may simply indicate a slight change in momentum between bulls and bears before the uptrend reasserts itself.
Using trading volume data can make the drawing of the Three Black Crows pattern more accurate. The volume of the last bar during an uptrend leading to the pattern is relatively lower in typical conditions, while the Three Black Crows pattern has relatively high volume in each element of the group.
In this scenario, as in our case, the uptrend was established by a small group of bulls and then reversed by a larger group of bears.
Of course, this could also mean that a large number of small bullish trades collide with an equal or smaller group of high volume bearish trades. However, the actual number of market participants and trades is less important than the final volume that was ultimately recorded during the time frame.
Restrictions on the use of three black crows
If the "Three Black Crows" pattern has already shown significant downward movement, it makes sense to be wary of oversold conditions that could lead to consolidation or a pullback before further downward movement. The best way to assess whether a stock or other asset is oversold is to look at other technical indicators, such as relative strength index (RSI), moving averages, trend lines, or horizontal support and resistance levels.
Many traders typically look to other independent chart patterns or technical indicators to confirm a breakout rather than relying solely on the Three Black Crows pattern.
Overall, it is open to some free interpretation by traders. For example, when assessing the prospects of building a pattern into a longer continuous series consisting of “black crows” or the prospects of a possible rollback.
In addition, other indicators reflect the true pattern of the three black crows. For example, a Three Black Crows pattern may involve a breakout of key support levels, which can independently predict the start of a medium-term downtrend. Using additional patterns and indicators increases the likelihood of a successful trading or exit strategy.
Real example of Three black crows
Since there are a little more than one day left before the closing of the third candle in the combination, the candlestick combination (given in the idea) is a still forming pattern, where (i) each of the three black candles opened above the closing price of the previous one, that is, with a small upward gap, (ii ) further - by the end of the time frame the price decreases below the price at close of the previous time frame, (iii) volumes are increased relative to the last bullish time frame that preceded the appearance of the first of the “three crows”, (iv) the upper and lower wicks of all “black crows” are relatively short and comparable with the main body of the candle.
Historical examples of the Three Black Crows pattern
In unfavorable macroeconomic conditions, the Three Black Crows pattern is generally quite common.
The weekly chart of the S&P500 Index (SPX) below, in particular, shows the occurrence of the pattern in the period starting in January 2022 and in the next 15 months until April 2023 (all crows combinations counted at least from 1-Month High).
As it easy to notice, in each of these cases (marked on the graph below) after the candlestick pattern appeared, the price (after possible consolidations and rollbacks) tended to lower levels, or in any case, sellers sought to repeat the closing price of the last bar in series of the Three Black Crows candlestick pattern.
Bottom Line
👉 As well as in usage of all other technical analysis indicators, it is important to confirm or refute its results using other indicators and analysis of general market conditions.
👉 Does History repeat itself? - Partially, yes.. it does. This is all because financial markets (as well as life) is not an Endless Rainbow, and after lovely sunny days, earlier or later, dark clouds may appear again, and again.
SPX Overbought In Real Terms WARNING!SPX Overbought In Real Terms (Inflation-adjusted) Stripping away inflation shows you the "real" value of SPX.
This is not something you will likely see again in your lifetime. We have only been this overbought twice before since 1947! Both times, what followed was a bear market. You are far more likely to see the price hit the bottom of the channel in your lifetime.
As is always the case, no one will want to touch stocks then. Rest assured, I, for one, will be buying up a storm then.
You have all been WARNED!
GTFO and STFO!
Risk Management is paramount!
THANK YOU for getting me to 5,000 followers! 🙏🔥
Let’s keep climbing.
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The end of crypto being an alt investment?If ever there was evidence that crypto has become normalized and absorbed into mainstream institutional behaviour—moving more like a unified asset class and less like a collection of wild outliers—this is it.
Across four randomly selected coins with very different purposes and market caps ( COINBASE:BTCUSD - top left, COINBASE:XRPUSD - top right, COINBASE:SOLUSD - bottom left and BINANCE:TRXUSD - bottom right):
2 out of 4 ranged 35–40% in an almost identical pattern over the same period
3 out of 4 ranged 35–48% in an almost identical pattern over the same period
4 out of 4 ranged 20–48% in an almost identical pattern over the same period
These similarities raise the question: are we now past the era of:
Huge, isolated crypto swings?
Crypto consistently moving counter to the S&P, FTSE and other indices?
Crypto acting as a true alternative asset class?
Not quite.
Yes, institutional capital is now clearly in the market, but how crypto behaves still depends heavily on how those institutions manage their allocations.
Crypto remains capable of sharp, counter-intuitive moves—but with less of the explosive upside (or catastrophic downside) that defined the early years. Crypto volatility is likely to be lower than before—but still far above that of major indices or mega-cap equities (the “Apple/Google/Amazon equivalents” of traditional markets). And crucially, crypto can still move counter to the stock market, as shown in the second image where BTC (and most major coins) fell while equities rallied.
This also leads us to the following - the three investor archetypes now dominating crypto:
The Whales – Formerly wealthy early adopters, but now overwhelmingly institutional players. Their capital, risk management structure and access to liquidity eclipse everyone beneath them.
The Sharks – Yesterday’s whales. Powerful enough to cause volatility and trigger widespread stop-loss cascades, but no longer able to dictate the market the way they once could.
The Nemos – Retail investors, small and scattered, swimming in the wake of the larger fishes while trying (often desperately) to “find Dory*.”
At the same time, crypto has shown increasing correlation with stock market trends—particularly between April and October—further evidence of institutional influence and a sign that crypto is becoming mainstream, integrated, and less viable as a true alternative asset class capable of life-changing returns (or losses).
Notes:
* Dory: Alpha – mythical, elusive, and mostly found in pixel form (cinemas, and charts on social media trading apps :-) ).
SP500 Resumes The Uptrend After Bears Stops At Key LevelUS stock market moved lower recently, and we’ve seen one of the biggest declines in the last few months, with lower highs and lower swing lows for the last couple of weeks, but there is still a chance that this is basically a diagonal formation on SP500, either in wave C or alternatively already in wave A or wave 1. But so far looks more like a completed C wave of a flat due to the current strong rebound, which can be the beginning of a new wave 5 headed towards new highs; What’s important in the near future, in our opinion, is that as long as the market trades above 6512 support, there is a real chance that there will be more upside in the near-term. At least three wave rally is what I would be looking for.
GH
Weekly SPY (ES-US500-SPX) Outlook - Prediction (23 NOV)Weekly SPY (ES-US500-SPX) Outlook - Prediction
📊 Market Sentiment
Market sentiment is driven by fear at the moment. In my opinion, we are trading inside a bearish zone. Unless we get meaningful data or positive news, I expect the market to continue declining. Core PPI will be released on Tuesday at 08:30, which could create a small bullish reaction; however, I personally do not think this will shift overall sentiment. PPI is not a strong catalyst for a major sentiment change, so bearish conditions are likely to remain in play.
📈 Technical Analysis
Price ran 675.5, trapped the bulls, and then reversed sharply to the downside exactly as I anticipated in my previous weekly outlook. Price tapped 653 and bounced from that level, which aligned with Friday’s projection.
📌 Outlook – Prediction
Scenario 1 (Bearish Scenario):
I think this scenario is more likely early in the week. Price may retrace toward 633, which is a significant institutional liquidity pool for me. From there, price could gather energy for a higher expansion or bounce.
Scenario 2 (Bullish Scenario):
If price aggressively reprices back to 675, I will consider the bias short-term bullish. In that case, I will be buying after a retracement to 667.
Follow me for daily SPY–QQQ updates. I will update the idea based on evolving price action.
💬 For detailed insights and broader market context, please check my Substack link in profile.
⚠️ For educational purposes only. This is not financial advice.
ES (SPX, SPY) Analysis, Levels, Setups for Wed (Nov 26)Market Overview
The equity markets are currently facing a pivotal moment. The E-mini S&P 500 (ES) has made a significant rebound from the daily low around 6,520, approaching robust resistance levels formed by the highs of the previous week and yesterday. Both daily and 4-hour charts reveal a consistent pattern of higher lows emerging from a recent trough. However, the price now finds itself just beneath a key distribution cap and Fibonacci extension zone, estimated between 6,810 and 6,888. The daily momentum oscillator has shifted upward from an oversold position and remains at a mid-range level, indicating that while it is not yet overbought, the general trend still favors buying the dips, provided that crucial support levels are maintained.
Meanwhile, the Nasdaq 100 (NQ) mirrors this momentum, hovering near its New York Pre-Market (NYPM) peak. Recent gains have been bolstered by impressive earnings from Nvidia, highlighting the ongoing AI narrative, even as concerns about a potential market bubble begin to emerge, with NVDA's stock showing signs of volatility.
Events & News for Wednesday 26 Nov (Pre-Thanksgiving)
Wednesday is a data-heavy session in the U.S., and it’s also the last “normal” day before the Thanksgiving holiday liquidity vacuum. Expect volatility spikes and potential regime shifts around:
• 08:30 ET – Weekly jobless claims plus a cluster of delayed October releases: durable goods orders, trade balance/wholesale data, personal income & core PCE inflation, and related indicators.
• 10:00 ET – New home sales and other housing-related data.
• 10:30 ET – EIA crude oil inventories (can move risk sentiment via energy/curve).
• 14:00 ET – Fed Beige Book, giving an updated regional read on growth and inflation ahead of December’s FOMC meeting.
In addition, the BEA has postponed the Q3 GDP second estimate that had been scheduled for this week, so markets are leaning more heavily on the data above for macro guidance.
Net takeaway: 8:30 ET is the main volatility window, with a second impulse risk at 10:00–10:30 and potential trend extension or reversal into the NY morning kill-zone.
Key Zones (ES Z-25, based on current structure)
Immediate Resistance
• R1: 6,790–6,795
NYPM High / Prior Day High cluster (NYPM.H 6,792.5, PDH & Y-VAH 6,792.5). Sellers have defended this intraday band so far; it’s the lid of today’s range.
• R2: 6,805–6,815
1H fib extension 1.272 (≈ 6,810.25) plus likely PWH vicinity. First HTF extension above today’s range; a clean “stop run & decision zone” if 6,795 breaks.
• R3: 6,840–6,850
1H fib extension 1.618 (≈ 6,847.25). If buyers punch through R2, this is the next logical magnet and a strong candidate for an exhaustion spike on good data.
• R4: 6,880–6,900
1H fib 2.000 (≈ 6,888) and prior daily swing-high area. That whole 6,888–6,900 pocket is a big-picture objective and, for now, a likely “weak high” that could attract a stop run but also host the first serious counter-trend attempts.
Support / Demand
• S1: 6,765–6,775
Yesterday’s POC (~6,769.5), NY lunch high/NYL.H (6,774.25), and top of the 1H consolidation shelf. As long as the market keeps closing above this band on 15–60m, the short-term uptrend remains intact.
• S2: 6,720–6,735
Y-VAL 6,720.5, LO.H 6,721.5, ONH 6,732.5. This is the top of the prior value area and a natural “buy-the-dip” location if 6,770 gives way on data noise.
• S3: 6,670–6,705
NYAM.L 6,674.5, IB Low 6,674.5, ONL 6,701.75, plus current LOL 6,701.75. If we get a deeper flush, this is the primary intraday demand band where bulls must step back in to preserve the recent trend from the daily low.
• S4: 6,560–6,580
PDL 6,574.5 and top of the larger daily discount block. A break and sustained acceptance below here would open the door for a much larger retrace back toward the 6,520–6,420 HTF discount zone (daily 1.272/1.618 fibs).
Market Outlook: Bias & Forecast (Overnight → NY Session)
Structural Bias:
The prevailing market sentiment remains bullish as long as the E-mini S&P 500 (ES) sustains its position above the support range of 6,720–6,735 on a closing basis. The likely trajectory indicates a probing towards the 6,810–6,850 extension band. While the recent rally shows signs of being extended, it has not yet reached a point of definitive exhaustion, pointing towards a “late-stage impulse” rather than a confirmed top.
Overnight → London Session:
The base case anticipates a sideways-to-moderately downward movement from the 6,790s back toward the support levels of S1/S2 (6,765 → 6,730). This move aims to address intraday imbalances without disturbing the overall market structure. Should liquidity be limited, there may be an attempt during the London session to trigger stops through today's highs, directing attention towards resistance levels R2 (6,805–6,815) ahead of the New York session's developments.
New York AM Session (8:30–11:00 ET):
Should robust data emerge—indicating a favorable economic climate with subdued core Personal Consumption Expenditures (PCE) and steady labor claims—this is likely to spark a rally through R1 towards R2/R3, targeting 6,810 and subsequently 6,847 as key upside magnets. Conversely, a negative surprise featuring weak growth, a troubling inflation mix, or a risk-off sentiment evident in the Beige Book later in the day could dramatically alter the market landscape, potentially driving a liquidation toward support levels S2/S3, or in case of an unexpected shock, even probing S4 over the coming 24 to 48 hours.
In the near term, the expectation leans towards a gradual upward movement with shallow pullbacks, aiming for the 6,810–6,847 range. However, traders should remain vigilant for an increased risk of an exhaustion spike and a possible intraday reversal as this target zone is approached.
A++ Setups for Tomorrow
A++ Setup 1 – Trend Long from Retest of 6,730–6,770
Trigger:
Price trades down into 6,730–6,770 (S1/S2 overlap) either overnight or on the 8:30 data flush.
15m prints a higher low and closes back above ~6,755, reclaiming the mid-range.
5m confirms with a clear reclaim and hold of 6,760–6,770, then a higher low on 1m.
Entry Zone: 6,760–6,775 on a clean pullback after reclaim (not the first knife-catch wick).
Initial Stop: Below 6,720, tucked beyond Y-VAL/LO.H and the pullback low (≈ 35–45 pts risk depending on your exact fill).
Targets:
• TP1: 6,810–6,815 (R2 / 1.272 fib).
• TP2: 6,840–6,850 (R3 / 1.618 fib).
• Stretch: 6,880–6,900 (R4 / 2.0 fib) if data and risk sentiment stay supportive.
A++ Setup 2 – Exhaustion Short from 6,847–6,888
Trigger:
Impulsive move into 6,847–6,888 during NY AM or early PM, ideally on or shortly after 8:30 data.
15m candle shows rejection (long upper wick) and closes back below ~6,847.
5m prints a lower high under that rejection high, and 1m fails to make new highs on retests.
Entry Zone: 6,845–6,865 on the first proper lower-high after the rejection (avoid shorting the exact wick; let the LH print).
Initial Stop: Above 6,900, beyond the 2.0 fib and psychological round number (≈ 35–45 pts risk).
Targets:
• TP1: 6,790–6,795 (R1 / NYPMH/PDH cluster).
• TP2: 6,760–6,770 (S1 pivot band).
• Stretch: 6,720–6,735 (S2 / top of value) if selling pressure persists.
BTC Cup and Handle Still Not CompleteAs you can see the SPX broke out of the cup and handle and completed the measured move. It then corrected back down to the top of the handle and resumed its uptrend. This is what is coming for Bitcoin. Bitcoin has only half way completed the cup and handle. Measured move to around 300k before correcting back down to 70k and then back off to the races. Hold onto your hats. That would be the most epic move of all time a straight shot from here to 300k no pullback then slam back down to 70k and then back up to 500k. Could happen fast dont underestimate Bitcoin.
Just my opinion not financial advice.
S&P 500 Roadmap: Correction Rally Ending—Another Drop Is ComingAs I expected in the previous idea , the S&P 500 index( SP:SPX ) moved toward the broken Support lines and completed its pullback, reaching its targets.
Given that the S&P 500 index nowadays shows a significant correlation with the cryptocurrency market and Bitcoin( BINANCE:BTCUSDT ), it’s wise to pay even more attention to this index, as it can help us gauge the crypto market trends.
The S&P 500 is approaching a Resistance zone($6,675_$6,637), and considering the momentum of last weekend’s decline, it appears that this recent upward movement is merely a correction. Therefore, we should expect another decline in the S&P 500.
Since the U.S. dollar index( TVC:DXY ) is also likely to maintain an upward trend, the rise in the dollar can lead to more capital flowing into safer assets, potentially impacting the S&P 500 negatively.
The S&P 500 is also influenced by the US 10-Year Government Bond Yield( TVC:US10 ). If the US 10-Year Government Bond Yield trends upwards , then riskier assets like cryptocurrencies might go down more, and this, in turn, could also impact the S&P 500.
Considering all the above, I expect that the S&P 500 will at least test its Support zone($6,580_$6,490) again and, if that Support zone($6,580_$6,490) is broken, we could anticipate further declines in the U.S. stock market and the S&P 500.
First Target: $6,526
Second Target: $6,413
Stop Los(SL): $6,731
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌S&P 500 Index Analyze (SPX500USD), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
S&P500 rally to continue? The S&P 500 extended its rebound yesterday, rising +1.55% for its best session in six weeks and +2.54% over two days, helped by growing expectations of a Fed rate cut in two weeks. Sentiment was also lifted by renewed tech optimism and headlines suggesting progress in Ukraine ceasefire talks, which supported equities, credit, and bonds.
In tech, Nvidia fell on reports Meta may shift billions in AI-chip spending toward Google, while Alphabet gained on stronger AI momentum. Geopolitical risk remains elevated as Russia and Ukraine traded heavy fire despite diplomatic activity, but markets are focusing on the possibility of de-escalation.
Overall: Momentum remains constructive for the S&P today, with supportive macro drivers, but tech dispersion and geopolitics could create intraday volatility.
Key Support and Resistance Levels
Resistance Level 1: 6770
Resistance Level 2: 6800
Resistance Level 3: 6823
Support Level 1: 6660
Support Level 2: 6640
Support Level 3: 6613
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
S&P500 Final rally to 6925, then sell-off to 1D MA200?The S&P500 index (SPX) had a massive Friday rebound on its 1D MA100 (green trend-line) and yesterday touched again its 1D MA50 (blue trend-line), this time as a Resistance.
If it manages to break and close a 1D candle above it, we expect the current rebound to continue and evolve into the end-of-year rally and test at least the ATH Resistance at 6925.
The 1D RSI sequence suggests that we may be currently inside a same pattern as the December 2024 - January 2025 fractal, which after a 1D MA100 rebound it hit the ATH Resistance again and then got heavily rejected back to the 1D MA200 (orange trend-line) and beyond.
As a result, after the rally, our medium-term Target is 6300 (expected contact with the 1D MA200).
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S&P500 H1 | Bearish Reaction Off Key ResistanceMomentum: Bearish
Price is currently below the ichimoku cloud.
Sell entry: 6,711.35
- Strong pullback resistance
- 78.6% Fib retracement
- 100% Fib projection
Stop Loss: 6,785.20
- Overlap resistance
Take Profit: 6,641.93
- Overlap support
High Risk Investment Warning
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ES (SPX, SPY) Analysis, Levels, Setups for Tue (Nov 25th)Market Outlook: Analyzing Technical Trends and Economic Indicators
The recent rebound from the 6520–6450 support zone has generated a constructive short-term outlook. However, the market now approaches a significant supply area in the 6800 range. While the immediate trend appears to favor modest gains, contingent upon maintaining support between 6660 and 6645, a pivotal decision zone resides between 6765 and 6815. A strong acceptance above this band could trigger an upward movement towards 6855–6930, while failure to hold could lead to a corrective phase targeting 6690, 6625, and potentially 6550.
Upcoming Economic Data: November 25
The week ahead is marked by a wealth of economic data expected to impact trading activity, particularly in the U.S. housing market and consumer sentiment. Key reports scheduled for Tuesday morning include the S&P/Case-Shiller Home Price Index for September, the Conference Board Consumer Confidence Index for November, Pending Home Sales for October, and the Richmond Fed Manufacturing Index. These releases, set for the 9:00–10:00 ET window, could introduce volatility into the markets.
Recent trends in consumer confidence have suggested a dampened sentiment due to the prolonged government shutdown and slow job growth. A disappointing report could perpetuate discussions of recession and further Fed interest rate cuts, while an unexpected improvement would likely support the current risk-on sentiment.
On the corporate front, pre-market earnings from major players like Analog Devices, Alibaba, Best Buy, Dick’s Sporting Goods, J.M. Smucker, and NIO could further influence market dynamics in the early hours, especially if there are surprises in their guidance.
Technical Analysis: Higher-Timeframe Perspective
From a higher-timeframe standpoint, the daily chart reflects a completed down-swing exiting the prior weak high around 6930, retracting to the extension zone between 6525 and 6455 where buyers have demonstrated strong interest. This low now appears as a "strong low" in technical analysis terms, aligning with higher timeframe discount levels and previous demand signals. Oscillators indicate a shift from oversold conditions, currently suggesting a corrective rally rather than an immediate resumption of a downward trend.
However, trading remains constrained within a 4-hour supply band between approximately 6765 and 6815. This range is characterized by the last notable lower high and previous sell-side momentum that precipitated the significant drop to 6520. Unless price breaches the 6815 threshold, the overall swing structure continues to reflect a "lower-high" scenario, which necessitates caution for any bullish positions as they occur within a broader corrective framework.
Intraday Trading Dynamics: Expectations for the Day
Analyzing the intraday structure on the 1-hour and 30-minute charts reveals that Monday’s trading culminated in a robust upward trend from the London low of 6625 to the New York AM low of 6646, concluding with a consolidation phase just beneath the Asia session high at 6724. The cluster of highs around 6715–6725 precisely correlates with an intraday equilibrium line situated just below the upper edge of the 4-hour supply band.
Volume data indicates strong buying activity emerging from the base established at 6520–6625, tapering off as prices approached the 6715–6725 range. Further insights from the 1-hour oscillator hint at a cooling in momentum, suggesting that initial price reactions may favor mean reversion rather than an unimpeded breakout.
Looking ahead into the New York trading hours:
- Asia Session: Anticipate a trading range likely between 6700 and 6730, with potential stop raids above 6725 and minor retracements towards 6685.
- London Session: If buyers can sustain the 6685–6660 level during potential pullbacks, this could establish a foundation for another attempt at reaching the 6765–6815 supply zone during the New York data release.
- New York Open: Provided that the 6660–6645 area holds during 15-minute closes, the baseline scenario suggests a rotation into the 6765–6815 decision band between late London and early New York. A significant rejection in this zone, characterized by long upper wicks and unsuccessful 15-minute closes above 6815, would favor a pullback towards 6690–6710 by day’s end. Conversely, clear acceptance above 6815 on robust volume would pave the way for targets at 6855 and potentially back to 6930.
Key zones
Resistance zones:
R1: 6724–6735 – Asia session high and intraday shelf, currently capping price.
R2: 6765–6815 – 4h supply block and 1.272 extension on the recent down-swing; prior 4h lower-high origin; this is the primary A++ short zone.
R3: 6855–6930 – Overhead daily supply with the prior weak high; if reached, expect heavy responsive selling on first touch.
Support zones:
S1: 6685–6660 – Intraday demand from the late-day push; includes London high at 6669.5 and prior structure; key pivot for the bullish case.
S2: 6645–6625 – NY AM low and London session low; first real downside objective if S1 fails.
S3: 6550–6525 – “Strong low” zone around the 1.272 extension; if this breaks on a closing basis the entire rebound thesis is likely wrong and the door opens toward the 1.618 around 6455 and even 6375.
A++ Setup 1 – Short fade from 6765–6815 (Tier-1 rejection play)
Entry zone: 6780–6805, leaning as close to 6800 as price action allows after the spike and stall.
Invalidation / hard stop: 6827, above the 4h supply high and the 1.272 line; if price can close above there, the rejection idea is wrong.
Targets and management:
TP1: 6710–6690 (retest of intraday equilibrium and prior 30m shelf). That gives roughly 2R from a 6785–6800 entry with a 20–25 point stop.
TP2: 6645–6625 (London and NY AM lows cluster). This is where you want the bulk of the remaining size off if sellers stay in control.
TP3: 6550–6525 (strong low zone) only if macro tape turns risk-off; treat this as a runner target, not baseline.
A++ Setup 2 – Long continuation from 6660–6680 (Tier-1 acceptance play)
Entry zone: 6670–6680 after the sweep and reclaim; avoid catching the first knife if momentum is still heavy.
Invalidation / hard stop: 6643, below the combined London low band; a 15m close below 6645 means the demand shelf failed.
Initial risk: roughly 30–37 points depending on fill.
Targets and management:
TP1: 6724–6735 (Asia high / intraday range top). From a 6675 entry with a 30-point stop this is just over 1.5R; to keep the setup A++, bias toward entries closer to 6670 or take partials slightly higher, around 6740, where 2R is reached.
TP2: 6765–6815 (4h supply band). This is where you expect strong counter-flow; plan to remove most of the remaining size here.
TP3: 6855–6930 only if price slices through 6815 on strong volume and macro data support risk-on; in that case trail under 1h higher lows rather than using static targets.
S&P500: Poised for Further Pullback The S&P 500 futures are currently trading just above support at 6,540 points, but are expected to see a temporary pullback within magenta wave (4). In our primary scenario, we anticipate the sell-off will extend into the green Long Target Zone between 6,163 and 5,912 points. From this area, we expect the start of wave (5), which would complete the magenta five-wave sequence and push the index higher—ideally above resistance at 6,952 points. This move would also mark the final high of the broader blue wave (III). However, if selling pressure intensifies and the Long Target Zone is breached, our alternative scenario will come into play (probability: 31%). In this case, blue wave alt.(III) would already be complete, and the index would enter a significantly deeper correction phase.
Weekly Outlook: XAUUSD, #SP500, #BRENT | 28 November 2025XAUUSD: BUY 4050.00, SL 4000.00, TP 4200.00
Gold starts the week at elevated levels: morning reports place spot near 4,054.19 per ounce. Investors keep hedging against political and geo-economic risks, while temporary gaps in US official data releases make it harder for the Fed to rely on the usual inputs, which supports demand for safe assets. Into the December meeting, markets see a meaningful probability of a rate cut, easing dollar financial conditions and backing the metal. Additional drivers include steady inflows into gold funds and continued central-bank buying through the autumn.
The weekly balance looks constructive: swings in US Treasury yields remain contained, while official purchases and investment inflows provide a demand cushion. Risks to the bullish case include a stronger dollar alongside rising real yields and more restrictive remarks from some Fed officials, which could delay policy easing. Even so, the combination of scarce safe-haven alternatives and ongoing investment demand argues for support on pullbacks.
Trading recommendation: BUY 4050.00, SL 4000.00, TP 4200.00
#SP500: BUY 6600, SL 6500, TP 6900
Last week ended with a pullback in the major US indices, but the new week begins on a calmer footing: S&P 500 futures are firmer in early trade, and the debate around the December Fed decision is tilting toward some easing. In aggregate, that reduces borrowing-cost pressure and underpins expectations for future earnings. Through November, strong corporate results helped: realized S&P 500 earnings growth clearly outpaced estimates from the start of the quarter, softening the drag from lofty valuations.
Over the week ahead the setup is mixed but mildly positive: the prospect of easier Fed policy, 10-year yields stabilizing near 4%, and softer oil prices improve cost and margin expectations for several sectors. Headwinds include elevated volatility among tech leaders and uncertainty about the timing of subsequent policy steps. In this backdrop, a modest upside for the benchmark looks like the base case unless inflation risks re-accelerate unexpectedly.
Trading recommendation: BUY 6600, SL 6500, TP 6900
#BRENT: SELL 62.50, SL 65.00, TP 55.00
Oil opened the week under pressure: morning reports show Brent around 62.46 per barrel. The market is digesting headlines that trim the geopolitical premium and imply a possible gradual expansion of supply over the medium term. At the same time, US commercial inventories continue to trend higher, and recent projections point to stock builds in Q4, which also weighs on prices.
On the supply side, OPEC+ decisions for year-end and the working configuration for early next year do not remove oversupply concerns: growth from producers outside the alliance together with the recovery in certain exports continues to pressure the futures curve. A firmer dollar also caps prices by raising the cost of imported crude for consumers. Net-net, the base case for the week is a continuation of the downward drift, with occasional bounces on sanction or disruption headlines.
Trading recommendation: SELL 62.50, SL 65.00, TP 55.00






















