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...
S&P 500 moved towards the 3980 level as traders prepared for tomorrow’s CPI data meanwhile, the tech heavy NASDAQ Composite was up by 0.4%. Today’s rebound is led by energy stocks. WTI oil managed to get above the $73 level as traders focused on the Keystone pipeline outage. From a big picture point of view, S&P 500 continues to consolidate in the range between...
Pair : SPX500 Index Description : Bullish Channel in Long Time Frame and Rejecting from the Upper Trend Line Completing its " 3rd " Impulsive Wave. We have Break of Structure and Making its Retracement in Corrective Waves " ABC " . Possible Rejection from Fibonacci Level 61.80% or Previous Resistance
I believe that US30 and NAS100 are currently in a league of their own, one where it is so manipulated that not even SPX500's micro-movements can even keep up. If you found yourself in some bad trades with SPX500 recently, I wouldn't let it get to your head. Clear your brain! Good luck this week. How to play my chart: Buy at support TP's (green), sell at...
SPX loves cups and handles. All the highlighted Cup & Handles on daily have played out beautifully so far, they all have been to the upside so far, but now we are making one to the downside with targets towards 4150. Then how do we reach new highs? If we zoom out to monthly TF things become clearer. As long as we stay above 0.5 or close above it on monthly,...
Key levels stands at 4301- 4396-4461 Index seems to resist a break below 4350. The region under shade is crucial for bullish/sideways stance to continue. A break below which can index see under heavy selling pressure
I posted this chart few weeks ago as a follwup to my short to show few possible paths SPX is going to take after it begins the descent and SPX has followed the one where I explained about a possible break of the channel into the deviation below. please refer links below the description to look at my previous posts on SPX short idea. The only difference is that ,...
Key levels stands at 4301- 4396-4461 Index seems to resist a break below 4350. The region under shade is crucial for bullish/sideways stance to continue. A break below which can index see under heavy selling pressure
Macro Monday (7) - Advance Release China Inflation Rate – $CNIRRY China entered into deflationary territory in July 2023 and this is being shared by many with an extremely negative outlook for markets. I believe this chart outlines a very different perspective that leans more neutral than cautionary whilst also providing a more usable framework in the event...
SPX500 was going down And the indice broke the Support level of 4527.00 Which is now a resistance And I think the price Will go further down !
Pair : SPX500 Index Description : Bullish Channel in STF and LTF as an Corrective Pattern EXP FIAT Daily Resistance Level Divergence Break of Structure Completed "12345 " Impulsive Wave
SPX Reached the major Resistance Area ( the one that start the last bear market ) 4600 IS A VERY CRITICAL area because all the target for the current movement has been reached. the Market start the trend at 44° then become overheated and reached almost 72° from my point of View the market need to cooldown in order to extend a healthy movement the best option is...
Global Net Liquidity and SPX 500 Comparison The Global Net Liquidity (“GNL”) indicator provides an overview of how five major central banks liquidity provisions are collectively performing. This allows us to get a sense of whether global money supply is increasing (expansionary) or decreasing (contractionary). The GNL can provide a general indication of how...
SPX along with other markets have been in a massive uptrend from past several weeks. But we are about to see a potential change in trend. On the chart you can see I have a pitchfork from the bottom, which has helped me a lot during this entire up trend, its levels have been respected very well. But now we are about to hit the top of the pitchfork very soon,...
SPX500 respected its weekly support line and reverses. Expect more ascending movements from hereon: Spotted 4027.0 SL at 3800 TAYOR.
Pair : SPX500 Index Description : Bullish Channel as an Correction in STF and LTF Divergence - RSI Break of Structure Completed " 12345 " Impulsive Wave and " ABC " Correction Consolidation Phase
SP500 We have one downward channel that we broke and went up and formed a new upward channel. We are near the resistance line of this channel, we also have a liquidity zone (red box), which we have partially collected, I would expect that we can collect more liquidity up to 4465 and after that I expect a corrective move down to the first target 4100.