Very bullish close yesterday, could see this as the low of the day but we will see how it plays out. If stopped will look for another long opportunity during NY
Sitting on a trendline from 2007, if we switch to linear it's a little lower, so possible there is one more low but think this should be it. Then we get a 1998 style last horrah up to 6k's where we run for the hills, at least my current plan.
Today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 40 08. And in the last trading session, we have a flat correction. Today we wait: If yesterday's flat correction ends. And today we can expect the market to move to the level of 41 05. But if the market continues yesterday's correction, then we expect its...
As we see early PA across various markets we can look long. The basis is fairly similar regardless of what you are trading, but we are likely to see a bounce on equity markets after the large fall. Trade lightly and buy dips up to early resistance. check higher TFS for exits.
Main target zone was hit! 4120SPX is the main resistances now 4000, 4056-35, 4115 (must hold for continuation lower) - Next target is the ideal target 3935-55SPX (3932-34ES) - HIT!!! - 3900, 3850-30 are next supports (can turn any time, not trading those unless day trading trend) Buy zone for tomorrow (Hit) - 3935-55SPX Main buy targets!!! BUY BUY BUY Main...
Im long here for a squeeze into 4115-4200 zone. 4170-80 first main resistance
Today we are here to talk about the SXP 500 index. Today: The index is trading at 4001 and we saw price stabilization in the last trading session. And also we see the beginning of profit-taking from shorts. But today we expect a sharp move down. What's on the market now: Globally, the index goes to 3850. And I believe that it will be at this level around May...
Today we are here to talk about the SXP 500 index. Today: The index is trading at 3991. In the last trading session, the market went down sharply, as we expected earlier, here is a link to the idea. What's on the market now: Globally, the index goes to 3850. And I expect it to be at that level around May 18-21. What are we waiting for today: Today we are...
Today we are here to talk about the SXP 500 index. Today: The index is trading at 4155. In the current trading session, we saw a sharp drop, which we so happily made up for yesterday. Unfortunately, I didn't manage to catch the peak at 43 35 that I was expecting. In addition, I entered the market at 42 24 and exited at 41 77. At the same time, I received a loss...
SXP500 Index! Today we are here to talk about the SXP500 index. Today: The index is trading at 41 75. In the last trading session, we saw the price stabilize and come to the target zone of 41 90. What's on the market now: Now the market is calm we see a sideways movement in the market What are we waiting for today: Today the price may rise to 42 45 on the...
If you saw my previous analysis, you would've held off longs on risk sentiment. Today we look further into todays Key Trading lesson.
For what it's worth, I'm dropping a very basic analysis of the current price action for S&P500. It seems that the price is resting on the middle trend line of the descending channel. The risk-takers might want to open a long order at the current level of $4,150 with a target at $4,400 and a stop loss below the recent lowest low, which is $4,060. I personally...
Well yesterday we saw a hugely important lesson for Traders on the SPX. Im sure many of them left a stop under the previous low as per usual... Why is this unwise...? Well if you know how the markets work on a mass scale, it rather makes sense. Entities with large amounts of money like good deals. They want to get in at the right time. The volume of their...
Loving this plan, 4040 ish target lower time frames, bounce to 4400 resistance, down to 3800's which is support from 2000 then off to the 6ks over the next couple years for the blowoff top.
Today we are here to talk about the SXP500 index. Today: The index is trading at 4287. In the last trading session, we saw a sharp increase to the 4315 zone which I expected earlier here is a link to the idea. What's on the market now: Today the market will be in the phase of fixing the profit received yesterday. Globally, the market moves to the 3780 zone....
as we fall to some comfortable support you can look to the longside. Take any Trade lightly given market sentiment. If you are NOT trading inline with market sentiment.. You are not fully aware of what is going on. It may be an idea to check!
SPX500 has shown a nice rejection off the daily demand level .showing us possible shift in structure of it.
Today price action with high volatility could look like this