Hey Tradomaniacs, Here two key-notes that shows a divergence of the ECB and FED: 1️⃣ Very hawkish FED "The market now sees a strong chance of the Federal Reserve starting its monetary policy tightening with a 50 basis point hike in March, especially after St. Louis Fed President James Bullard stated that he has become "dramatically" more hawkish. He added...
Will we find a low at 4330/4350 range or are we heading lower to 4225/4250? Time will tell.
S&P 500 Bullish Pattern Each time S&P create a swing low wave in the daily , a bullish big wave is the next
Hi everyone, SPX is about to complet the C wave inside this Zig Zag ABC. Max wave 5 target (the 261.8%) fib is at 4500. It's a very clean pattern, impulse down in A, ABC in B and impulse down in C on the 100% fib. SPX is already diverging (bullish Divergence Class A on the RSI). The big question is what's next...? It can be 2 things now, a new higher high or the...
S&P 500 (SPX) has been in bullish trend since March of 2020. It has been following bullish parallel channel by heart. Recently it has broken the trendline but found a good support at Fib Level 0.236. We are expecting bulls to be active again as they were little tired with almost 2 years of trend. This support zone will be important level and bounce is...
Study the greek economy & politics from the period 1990-2012 and you might find a lot of similarities with that is currently happening in the US. Greece experienced a credit boom from 1990-2008, people however were living above their means. We faced the biggest bubble in Greece's economic history during the 1999 when everybody was playing the stock market! and i...
Anyone ever look at #SPX500 12 M chart? Looks to me like we are in an obvious W3. Question is W3 going to hit that 3.618% Fib level B4 tanking back down to test the 1.618% or is W3 done here? The way #SPX cuts through fibs I think 5,700 is more likely 1st.
Looking at the 4hr SPX500USD chart I have found a couple of price levels where price may reach for and target before hitting the 5000 mark. We see price has been consolidating for some time now and making volatile moves both up and down. This has created and left liquidity pools which I believe should and could be reached for. The dashed trendlines showcase the...
Looking for s&p to fill in the imbalance and potentially run higher. 2 entries have been identified, one where price could tap into the imbalance (which is also a quarter point level) and run higher The other, price could retrace into the daily orderblock and then run higher, this entry provides a better R:R DISCLAIMER: I am not a financial advisor and nor is...
In yesterday's Nasdaq100 analysis I said that I expect a drop for the index and 14k is my first target. Things are not different for SP500, here also expecting the price to drop. Also, SP500 has started the year badly, with a bearish engulfing weekly candle and, although the price structure is not so bearish like in Nasdaq's case, a drop is probable here...
Good morning traders, after the analysis I've made on the S&P it shows that it will go long for today. Buy it and place TP and SL on your own.
$SPX500 Weekly Analysis (Long) Based on the formed ascending channel, I believe price is currently in overbought territory, and as such it will retrace back down to the lower trend line. The zone of interest is between $4,646 and $4,710. That is of course in case the price doesn't go through the highest high level ($4,815), in which case I will either be buying...
As I said in the previous post, S&P and NASDAQ are going long. Buy them and post SL and TP on your own.
SPX is trading at all time highs now. We remain bullish but will keep a support level at 4784 to manage our risk. We use Aspen Trading Support & Resistance Levels to risk manage our positions. These levels are invite only and can be accessed through url in my profile information. Disclaimer: This analysis is for information purpose only and does not constitute...
Never trade on news. Follow the support and resistance levels to find the direction and the right trading opportunities. Using Aspen Trading S/R levels, we can see the support at 4559 level and short term resistance at 4616 level. Aspen Trading S/R levels are invite only and can be accessed through url in my profile information. These levels can be drawn...
Hello. Due to the negative divergence and the formation of a lower floor, I predict that the 4500 will decrease again
The S&P 500 begins today’s trading on the cusp of all-time highs and speculators cannot be faulted for anticipating the day ahead with excitement. Yesterday’s FOMC statement from the US Federal Reserve delivered clarity for financial institutions, and perhaps more importantly, met expectations. This propelled equity indices higher and the major US stock markets...
A lot of FUD from the FED meeting today. However, this was an important week for the SPX and markets. Everything has already been priced in. The SPX has now printed a bullish engulfing on the 4h. Although not as powerful as others I have seen, it is still a bullish sign. In my opinion, we are in the process to create an inverted head and shoulder. It is now...