SPX is looking bullish and has the same structure as the ES with IHS setup
This analysis is for 1h so it's very dangerous. Median is good for buy. Target : 🎯 3779.16 Stop Loss Level : 🛑 3753.95 Not Financial Advice.
SPX is looking for the 3730-35 test and push for one more high
SPX500 now forming one more time Rising Wedge Pattern with Patterns forming its looking Bearish for now stay safe from CRYPTO LAST 6 months SPX500 drop down (-21.06%) if this Index will reach (-29%) (-30%) i think BTC will drop 10000$-12000$ Comment Below if you agree with me ?
Two periods can be observed on the RSI for SPX on this 3Monthly chart A downward trend which correlates with a sideways move on the relative timeframe And a small uptrend that correlates with sharper growth on the SPX, these begin within the green circle These green circles show very comparative structures, however one is during an up period, while the current one...
Hi fellow traders, SPX500 index is ready to go higher. Target the previous top. Goodluck!
My weekend update is a day early, I will update those who are on my list with a bit more details on shorter time frame view tomorrow. We are in a bear market and those 5500 callers got destroyed all the way down calling every bottom from Jan. This is my long term view and I think we have bottomed here today or super close to it! I got targets for the potential...
As we fall Sharply On the SPX, we can assess where the monthly Trend Trader would look to start to get long.. Remember, yes it MAY correct further. But as always its a MAY based on TIME. Ultimately, as lots of harmonic Traders look for are Very long term targets. Hitting these is also inevitable and realistic, but it must be matched by CORRECT position size VS...
SPX supports for today are 3689 and 3678 Today must close above 3710! Its at the bottom of the channel and lots of support is right here and now. Im out from my overnight short and not taking more of those at the point. Closing below 3640-50 will trigger a crash, Im not in that camp but something to watch! Im expecting a trip back to the mid channel (around...
Does look like a gap up tomorrow to my eyes. I got some lotto calls for tomorrow/Fri Support 3775SPX Overnight support ES 3770-80 and 3745 Main resistance is 3885SPX and one more at 3855SPX Im mostly bullish, will add if we get another weakness tomorrow am. Might update the chart with more info later on
SPX rejected both 3710 and 3730SPX support. Maj daily support was 3710. Tomorrow should gap up. There is a chance we still see my 3696.50 tomorrow, but in idea we should gap up tomorrow and repeat the Mar Fed day. Im out from 80% of my short, and keeping only core longs going into the FED day. SPX gaps to close are: - 3900 - 4017 Failure getting above 3957...
One more calculated target for the potential low of this move is 3696.50 Im expecting a run up after the FED back to 3975 or so and make another low to 3665-68 or 3696.50, it might make a higher low, but the pathway is the same. Then summer rally after the July 4th weekend
This chart shows the baseline of the Ichimoku Cloud for the monthly candle of the S&P 500 (SPY) ETF. We've finally reached a level that virtually always supports the S&P 500 outside of recessions. It is likely that prices will find a significant bottom here. However, if inflation continues to spiral and prices drop significantly below this level, then it is quite...
This is a trendline I have been watching for months, think it's time to load the boat, if you can't time to still hold and not sell the bottom IMO but we will see.
Levels of importance are: - 3805 - 3885 Im looking for a move up to close the gaps up to 4k into the FED or right after and then sell off to 3665 zone I mentioned in my yesterday's update The full wave, which is making the 5th now if EWT talking could extend all the way to 3581.5, quite close to me other extension target of 3555, something to watch in case we...
3855 3805 3789.50 3749.50 3694.00 This is getting close to a capitulation move. Closing at the lows will get us lower open, ideally we get up off the ground into the close. Its time to start scaling in with longs with potential move down to 3665 and even 3555 The move up in summer will be at least back to 4300 to ideal 4425SPX
SPX is pushing up, slowly trapping bears. Must get above the am opening high, or above 3820-22ES. Resistance to watch is 3853SPX, must close below to see lower lows tomorrow or make a higher low. Close it above, will be bullish, then next is 3885-4k
Posting this from my phone, Im outside site seining. A lot of support and confluence here in 3760 zone! Several trendlines support including the broken out one and the downtrend channel trendline Main resistance is 3855!!!