It's been a while since I shared anything like this... most of the last few things were experimental historical models... This is all based in Fibonacci, both price and time... this would have us peaking at about 3450 around late September 2020... Though I don't have the count posted with it, it is based in Elliott Wave as well... The EW concept here is an...
Hi Traders, I was initially expecting price to form an ending diagonal, thereby slowing down the bull trend for downside. However the ending diagonal is now invalid because price has slightly broken out of the structure in the past week. What's more is that we have no divergence on the RSI, and this indicates further upside. Therefore, we can keep buying the...
BUY SPX500 Entry 1 3076 Entry 2 3079 Sl 3070 Tp.1 3086 Tp.2 3108 Tp.3 3117 Tp.4 3124
BUY SPX500 Entry 1 3089 Entry 2 3085 Sl 3082 Tp.1 3097 Tp.2 3108 Tp.3 3117 Tp.4 3124
SPX expected to rise up to 1st resistance at 3186.8 where it could potentially react off and drop down to 1st support at 3058.1. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
I thought I’d include a little oped and some political analysis seeing as how that is part of my expertise & biggest passions. This publication was intended to be made at the start of the market open but I got wrapped up in this circus called life; C’est La Vie. The SPX 500 index is shattering all analysts expectations as Trump did say we would ”Win...
SPXUSD(S&P500) SELL ENTRY 1 3072 Entry 2 3074 SL 3077.19 TP.1 3064 TP.2 3058 Tp.3 3054.50 Tp.4 3047
S&P500 sell Entry 1 3061 Entry 2 3063 SL 3066.30 TP.1 3054 Tp.2 3048 Tp.3 3040 Tp.4 3033
S&P500 sell Entry 1 3048.50 Entry 2 3051 Sl 3054.79 Tp.1 3043.50 Tp.2 3037 Tp.3 3033.50 Tp.4 3025
I see an opportunity at this chart since the resistance at the 3020 has been really strong the past 4 months. Also, this is the highest price the SPX500 has been in history, so it has to go down at least a few more times before it goes up. Looking forward to this easy trade.
S&P500 should short to around 2951-2948 where we will look for a long entry buy limit entry 1 $2951 entry 2 $2948 sl 2941.39 Tp.1 2958 Tp.2 2966 Tp.3 2974 tp.4 2980
Conclusion for today’s SPY analysis: A break below ~284.93 implies continuation of bearish trend. The 1 hour timeframe of the S&P 500’s ETF (SPY) is presented in today’s analysis with main focus placed on chart patterns that are currently active.The uptrend in the SPY from its December 24, 2018 low to its July 29 peak has been followed ever since by sideways...
OANDA:SPX500USD Sell on catalyst
I'm going a little crazy now. That's the long-long-long... term trading plan from today's point of view. Pure speculation, nobody can really predict the future, but such a course of an upcoming recession - if one should actually come - seems most likely to me.
Just to share the daily update on the S&P 500. For two days now it has been more or less treading water. It can't do it forever. What's next? I expect it to make a decision before the week's close. We'll see. Take care!
We have had Unconfirmed Double Top for the past few months. Very bullish trend. The Sp500 is on the way to test resistance at 3032 (an all-time record). You can still buy and see that the sp500 crosses the resistance if the failure fails then it is worth thinking about a re-route. Target: $ 3100