Our view with new updated levels for the next week on #SPX500 BLUE = Impulse VIOLET = Weekly and daily Max and Min CYAN = Gann angles (weekly)
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.
Taking a look at the lower trend line dating back to 2016, you'll see obvious esistance levels, and the two out of balance areas. One being Covuid-19. We were quick to recover and re-enter that Channel. Yesterday, bottom of that trend line was hit around 3,000 and is slowly recovering from that bounce. Set you're fibs and find a good entry. Don't let the bears get...
Our view on #SPX500 for the next week ---- Trading Kitchen
Everybody talks about technicals indicators, but no one tells you to put inside the mind and the feelings of the creator. Markets make me Buddhist, even if markets are a completely different thing
Enjoy a free signal Trade at your own risk; Know your risk to reward We had a breakout of monthly S/R area and now market has come back down to retest the 12hr uptrend. If it holds, this shall play out. Symbol: SPX500USD BUY Entry: $2950 Best entry: $2940 Stop Loss: $2920 (-$30 to -$20 from best entry) Take profit: $3015 (+$65 to +$75 from best entry)
Enjoy a free signal Trade at your own risk; Know your risk to reward We had a breakout of monthly S/R area and now market has come back down to retest the resistance. If it holds, this shall play out. Symbol: SPX500USD BUY Entry: $2940 Best entry: $2935 Sl: $2920 (-200 to -150 pips from best entry) TP: $2980 (+400 to +450 pips from best entry) TP2: $3015 (+750...
Heres my analysis on SPX500USD before the week gets started. enjoy a free signal. trade at your own risk. SELL Symbol: SPX500USD Entry: $2875 (Sell limit) Best Entry: $2895 (Sell limit) Stop Loss: $2915 (-400 to -200 pips from B.E.) Take Profit: $2820 (+550 to +750 pips from B.E.) Take Profit 2: $2760 (+1150 to +1350...
What's next on #SPX500? First of all: to be honest, before today we were pretty much sure it would reach 3000 Area. Now, something is changed, obviously. As the bullish trendline was broken on 2900 we turned our trades on a short view and we made a very good profit, as you can see on our free Telegram Channel but once broken the important level in 2830, we...
We are watching this compression point currently under this horizontal Resistance level. Paying attention to the upward support that we are approaching after breaking our first price average as the candle crosses over the black line. We hold that as bearish movement. Would like to see it crack and have a nice Retracement. 50% short. Playing roughly 3%...
We see head and shoulders pattern in daily chart of #SPX, also ma10 and ma20 turned their directions to negative.. We can easily say that there are some bearish signs for #SPX.. It is likely that the price will go down.. We will wait and see.. Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk.. I wish you...
SPX IS SNCE CORONAVIRUS QUARANTINE CORELATED SINCE FED IS PRINTING MONEY EVERY THURSDAY TO BOTH INSTRUMENTS, CURRENTLY PRICE SITTING AT BOTTOM CHANNEL+ DAILY EMA pRICE BROKE LOWS WITH BEING BELOW 200+50, POSSIBLE LH TO SELL, IF CURRENT LOW BREAKS WITH THAT DAILY EMA+CHANNEL WE SHOULD CONTINUE LOWER
Hi Traders, In the coming weeks, SPX500 will be entering an elongated series of corrective structures before we can see next impulse rally. In the interim, I'm expecting price to push lower in an ABC structure. Look to join short positions when price confirms. Regards Wave Theorist
We have levels of importance as you can see. The middle one is 0.618 from April 2019, a very important level. Other is price projections, with levels of importance, I expect bounce (at least small), from every level on the chart, as you can see it worked so far.
Perhaps there are a thousand more scenarios although I can see how the index has been losing momentum. Could it be that the market stimuli have not been sufficient and we are facing the continuation of the correction? I have drawn in yellow my main idea, that this is falling apart again. In another colour, a kind of orange, the idea that the market is still...
Our view on #SPX500: Price reacted very well on the last Fibo Zone in 2900 Area. The next one is around 3000 and we're sure the price is going to reach that zone and bouncing downside to 2900 Area. This is a possible short trade. We only have to wait for a confirmation for a long trade to area 2900. It seems a Wave pattern is consolidating. We only need to know...
i expect for the #SPX500 will up to the red line level if the candle break it than will go up