Hey tradomaniacs, for today I`m looking at the correlation of DXY (US-DOLLAR) and SPX500, which are both at points of potential trend-continuation. As mentioned on telegram we have seen a very bearish sentiment of retailers of majors against USD, which is for me a strong reason not to buy the US-Dollar as long there is no fundamental reason. As soon as...
SPX500 Short Position Entry: $3,865.0 TP & RR: $3,828.3 (1.95) Stop Loss: $3,883.8 REASONS FOR THE TRADE Clear divergence in the Market Flow indicator and we are reaching a trendline, which I believe will act as resistance. SL is set well above it, so we give the trade some space to breathe and hopefully develop as we expect. Target is set at the previously...
S&P 500 1D-TIMEFRAME ANALYSIS✨ Hello ladies and gentlemen This is my new idea for the SPX500 My idea is that the index will go higher T1 4500 I hope my idea is clear Support me by like and share Stay Safe💯 Good luck💰
Hi Traders, This is our view on this cross for the next days. #SPX500 BUY 3775 SL 3755 TP 3845 We remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if the rules of our strategy are strictly respected. Any updates will be given in the comment section below.
SPX500USD 2021 Jan 18 Week Widespread up bar of bar A means weakness has been confirmed. Market topping over and broke previous support 3774 - 3784. Resistant3 = 3864 Resistant2 = 3825 - 3833 Resistant1 = 3774 - 3784 Support1 = 3723 - 3728 Support2 = 3661 - 3670 Support3 = 2608 - 3623 Like and Follow if you find this useful : )
Hey guys, nothing really solid here, jus a safer zone to trad than another. Both success rate for buy/sell are not that good at all. -------------------------------------------------------------------------- 8 signals low volume: ------------------------------------- 77 days before a crash 63 days before a top up swing @ a top going down 63 days before a...
S&P 500 Long Trade Entry: $3,807.4 TP & RR: $3,871.4 (2.29) Stop Loss: $3,779.5 REASONS FOR THE TRADE Building upon yesterday's SPX500 trade on which we got stopped out, I am once again trying to catch a bounce up from the lower trendline in a channel. This time the SL is set much lower and I am not a big fan of having such a wide distance, but I don't want...
SPX500 Long Position Entry: $3,772.9 TP & RR: $3,849.1 (2.92) Stop Loss: $3,746.8 REASONS FOR THE TRADE SPX500 has formed an ascending channel, so I am looking to open a long order at the lower trendline. In addition to bouncing off the trendline, I also want to see a divergence in the Market Flow indicator, which will signal a potential reversal. In any...
BUY SPX500 price testing a trendline support
here is SPX500 a.k.a S&P500 , we can see that price is moving respecting a bullish channel in 30 min, Then price has already tested the support of the channel, from here we are looking for buying in order for the price to test the upper boundary of the channel ( BUY AFTER RETEST)
SPX500 Long Setup Idea Entry Levels: 1) $3,785.7 2) $3,764.8 TP & RR: $3,870.7 (4.89 and 5.71) Stop Loss Levels: 1) $3,768.3 2) $3,746.1 REASONS FOR THE TRADE SPX500 may be due for a small correction and I want to catch the indicated level, which is a flip from resistance to support. I believe it should hold well, but what I am really looking for is a...
wish you all the best.
Hey tradomaniacs, if you have traded my previous SPX-LONGTRADE you should consider to take profits. The market is testing a round number of 3.800 right at ten upper Trendline. The FOREX-MARKET is currently pricing in a risk-off-scenario with a rising DXY (US-DOLLAR) and falling AUD and NZD. We see a divergence in stocks and Forex which is never a good...
***The legendary Fidelity Investments manager Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” this guys is just simply smart. ***Beautiful data presented here very useful for long investors . Simple strategy, with every consideration you would usually take , just...
SPX500 LONG SETUP IDEA Entry: $3,715.9 Stop Loss: $3,680.5 TP Levels and RR: $3,784.4 (1.94) REASONS FOR THE TRADE I know that I am posting this with a bit of hindsight, but by the time I opened my order and came back to do the analysis the price has already gone up. Anyway, I am posting this in case there's a small retracement and you decide to jump on...
Hey tradomaniacs, SPX500 could move up 👉 Todays sell-off pushed price down into a price-zone with possible bullish confluence. Primary Trendline pls horizontal support-zone can be a very attractive zone for buyers as soon as we see a confirmed rejection. In terms of correlations a perfect match with the GAP-CLOSE of DXY (US-DOLLAR). LEAVE A LIKE AND...
The stock market has been gunning for all-time highs despite the horrible economic news going around. Based on stimulus hopes and mass euphoria of the market reaching highs, with help from the fed, investors have just been buying at the highs and pushing it higher. However, I think all of that is quickly coming to an end. The market has been pushing higher with no...
possible moves the indice can make coming into the new week. lets watch the pair for a while, i will give an update on the same on Monday.