It hasn't ventured out of the channel yet since thee beginning of the month. It's been very predictable and easily tradeable this week as long as you're paying attention to the support and resitance zones that it continues to create as it works it's way through the channel. However, we're nearing the ATH and I'm curious as to if we'll see if the resistance force...
As we continue to embark on this epic economic bubble , there will be varying components that will be mixed in so the trend can continue. To allow some normality to the markets, profit rotations still seem to be taking place and tech seems to be the one market that is becoming exhausted. With that said, I think we continue to see those absurd profits...
It's almost time to see if the market want's to continue this rally or reverse off the previous top.
The month of August is going to be a hot time to make some big boy decisions for your portfolio.
3391 keep your eyes on it and watch that trend. Stay patient.
Everything on 3day continues to shoot green across the board on the spx500 with nice size candle.
Since recovery we have only had one major potential transition (green arrow)
All indicators have nonstop continued to go green.
The only resistance is the previous high before the crash, will we make new highs or set up for a massive selloff...
This will get fun.
welcome to a new free trading-setup.
NOTICE: This is meant to be a preparation for you. As always we need to wait for a confirmation!
Stop-Loss: 32 pips
Risk: 0,5 % - 1%
LEAVE A LIKE AND A COMMENT - I appreciate every...
Please do your due diligence, this is just my opinion:
Still long for now and still expecting new all time high. I expect the NDX to slowly continue its downtrend while the rest of the market catches up. I did reduce my year end target from 4k though.
Don't forget to click on the like.
SPX500 is expected to open> $ 3200 and confirm the bullish pattern of the asymmetrical triangle
Buy long : $3200
Target : $3400
Stop loss : $3110 or (8% It depends on your risk plan) .
Wish you good deals!
If you didn't see the article, it's on Apple news that Tesla would be Joining the S&P 500. The article stated that a spoekseperspon from the Dow S&P Declined to comment. An analyst said that if it were to happen that the S&P would try it's best not to let it affect it's performance. >>>> apple.news
Are we seeing this play out with...
All indexes are currently bullish which indicate longs, SPX500 has broken previous support and is now consolidating, unless the market is going to crash soon (strong probability) this is a perfect opportunity to get into a either short term or long term buy once it breaks consolidation as a 2nd confirmation.
SPX500 good pattern, upside triangle, time to buy all stocks, spike time increase any increase.
SPX500 buy : $3150-3170
SPX500 target : $3350 - 3400
Stop loss : $3050 or 3100 (margin) .
Time for me to buy good stock!