SPX 500 Lower highs now for the last two months and higher lows still bearish here till break the highs at the $4333 area, the target is the next low on the left at $4100
SPx500 if it falls above 4296 in this direction will rise to 4312 then 4334 then 4353 but if it is below 4296 the direction will go down 4279, 4259 then 4240 Pivot Price: 4296 Resistance prices: 4312 & 4334 & 4353 Support prices: 4279 & 4259 & 4240 timeframe:4H
SPX- 02/09/23 **Trade setup:** Seems to be holding the $4250 area really well, will look to test again to see if they take it out. We have completed the head and should pattern I identified on the 18th of SEPT now we are holding nice in this area so I will look for another test of $4250 to look for a structure break on the 15 min to enter a long. If it doesn't...
#SPX perfect dump from my 4600$ target Perfectly came to my 4280$ price level and bounced. Currently, on the weekly chart we can expect some bounce up to 4395$, where I highlighted a new resistance level for Bulls. Where I would wait for bullish confirmations on LTF, to be sure that the price can go higher. Otherwise we can expect strong bear reaction that...
SPx500 if it falls above 4271 in this direction will rise to 4290 then 4309 then 4334 but if it is below 4271 the direction will go down 4254 ,4232 then 4213 Pivot Price: 4271 Resistance prices: 4290 & 4309 & 4334 Support prices: 4254 & 4232 & 4213 timeframe:4H
SPx500 if it falls above 4316 in this direction will rise to 4334 then 4353 then 4394 but if it is below 4316 the direction will go down 4304 then 4286 then 4254 Pivot Price: 4316 Resistance prices: 4334 & 4353 & 4394 Support prices: 4304 & 4286 & 4254 timeframe:4H
Hi Everyone, A summary of the last 5 recessions since 1981... These recessions triggered declines of at least 20%. The Great Recession from December 2007 to June 2009 was the one that most affected the market with a decrease of about 57%. Regarding macroeconomics, the Americans are currently implementing a monetary tightening policies and have announced a final...
Told you to buy the bottom on April 15 Told you about the correction from 4600 - 4700$ on July 17
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...
SPx500 stabilizing above 4493 will support rising to touch 4518 then 4542 then 4561 stabilizing under 4493 will support falling to touch 4472 and then 4452 Pivot Price: 4493 Resistance prices: 4518 & 4542 & 4561 Support prices: 4472 & 4452 & 4432 time frame: 4H
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
As I said in the last SPX article, the S&P 500 experienced a notable decline of 10% within three months after the previous U.S. credit downgrade: Now it seems like SPX, the S&P 500 index, started to follow the pattern. According to the past retracement, this time the Price Target of SPX is $4080 by October. Looking forward to read your opinion about it.
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,...
Just by simply measuring the previous corrections in the stock market, it is clear that corrections in general do not take long. The average size corrections seems to be between 3 and 5 weeks. The botom of the current correction is found in week 4. As the price is also holding a critical support level, the probability of this being the bottom is incredibly high....
SPX Daily Price Chart After the recent bounce of the level of resistance (Red Box) the SPX snapped it's first small level of resistance (Teal Dotted) and has continued lower. Price has also closed below the 50-day EMA while the 12-day and 26-day have recently crossed and the 50-day flattens out. The next level of support (First Green Box) should come into...
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 ,...
Expect SPX to trade in-range for 2 weeks. If 4610 is broken and held for few sessions(5?), there is a good chance next leg up will have October in 4800s
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 !