SPX500 just broke last week's max and it keeps its way to 3400, which is a very big resistance we're ready to sell.
Sell Limit 3409
SL 3418
TP 3350
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Trading Kitchen
My not-so-professional Elliot wave analysis on SPX, will S&P be able to rise through the 1.618 resistance @3330?
If 3330 indeed is the top-end of wave b, then the downside could potentially reach 2313. All eyes on your positions.
A very important Resistance Zone for #SPX500 could be the beginning of a good short trade to do within the end of the week.
Entry 3145
SL 3157
TP 3112
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Trading Kitchen
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
All indexes are currently bullish which indicate longs, SPX500 has broken previous support and is now consolidating, unless the market is going to crash soon (strong probability) this is a perfect opportunity to get into a either short term or long term buy once it breaks consolidation as a 2nd confirmation.
Hello traders, here is the analysis from our team:
Price NEED to stay above 3080 with pullback at or above price to seek possible new high. Good luck.!!!
Let us know in the comment section below if you have any questions.😉
A continues fall - price directly slop from 3224 to 2995.
It can see that when there is continue fall price bounce up-to 100 points.
The price was trading near the support line that became the strong point for breakout.
It can be seen that the price can move near the support line that is support become resistance.
As we can see there is not a strong point for...
Just my thought will change nothing on my day trading, but just talking to myself, what is possible. Every big correction, and problems, we had the second drop, and lower low.
