Today price action with high volatility could look like this
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Today we are here to talk about the SXP500 index. Today: The index is trading at 42 15. This time we saw a sharp fall in after the correction to the 4220 zone that we expected earlier, here is a link to the idea. What's on the market now: Globally, the market is moving towards the 3780 zone. But now a local correction with a local top at 4320 is possible....
Hey tradomaniacs, previous sell-offs due to the fact that the market realizes FED is not kidding with rate-hikes were pretty strong, but will probably correct soon as the sentiment is too bearish and has oversold the indicies such as SPX500 and NASDAQ100. We will probably see a move up to attract more buyers in order to get more liquidity for the sellers. So...
Long SPX at 4390 TP at 4600 SL (Not set in stone but a close below 4375 and I will walk away from this trade) We have seen some bullish movement in SPX in the last few days as it has broken the downward trending channel. Yesterday, we saw a dive back to the 4390 lvl where I have entered this trade. The downward trending channel will now act as a support as well...
After looking at the SPX various times and taking note of the current risk sentiment in the market, its likely you waited for a fall after we looked at the potential room to drop to. We are now approaching some key TECH areas and long zones to take and scale in to the market. Remember, equities can have hard PB's. For this reason it is wise to Proportionate your...
SPX - HTF bat almost complete in strong demand zone, will be looking for reversals on NAS/DOW when this completes, price is currently sitting at last small demand zone until the main zone, if this zone breaks we should get a clean fall to the demand and a nice reversal! Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target...
If you haven`t seen my last post about the S&P 500: then i think the chart pattern that it has formed is an inverse head and shoulders with a price target of $4710. Looking forward to read your opinion about it.
Today we are here to talk about the SXP500 index. Today: The index is trading at 43 93. In the last trading session, we saw a price correction to the zone below 4415 and this is a little lower, I spoke about this earlier, here is a link to the idea. What's on the market now: The market is in sideways movement and has come to a critical point. Yesterday the...
As you will have seen in yesterday's analysis we looked short and were prepared BEFORE the fall. Then the market got hit down. Watch this analysis to learn what to do next..
Good morning traders ! This morning we woke up on a good break of the channel with the highest volume of the morning, and that's a signal to get in S&P with a long position. Buy it and make some profits ! SL and TP place them on your own !
Good morning traders, As you can see on the chart 2 hours ago we had a signal to buy S&P which is an enough signal to get in, following to my strategy the price will keep going long, you still can get in and make some profits. TP and SL place them on your own !
Today we are here to talk about the SXP500 index. Today: The index is trading at 4459. In the last trading session, we saw the price rise to the level of 44 85, which I mentioned earlier here is a link to the idea. What's on the market now: The market is in lateral movement. Yesterday it formed a local peak at the price of 44 85. What are we waiting for...
Good morning traders ! Today we woke up on a signal to buy SPX500USD, as you can see on the chart we had a high volume spring box ( as I call it in my method ) which is an enough signal to buy, then we got a confirmation to buy when the price broke the channel with a high vloume candle. Buy it now and take as much as you can from the market. SL and TP place them...
Price has broken channel down pattern, if consolidate above the resistance zone there is a huge potential upwards.
It is important to take note of the indecision and slight downside bias that is retained in the market. This is the reason for the fall and stall and it is why you should give caution to longs you are taking. We are at Key support levels + Tech confluence, but we are also wary of where to market may fall to based and price action rules. Trade Lightly at the...
See, according to the existing page, our external harmonic bat pattern enters the fall from 4632 to 3875 ******* Fibonacci says we may have a 50% return, maybe up to 38 Fibonacci and sometimes 23 Fionachi will go back. ******* We now see 4 strong downward contexts ****** But this 200 pp rise does not mean that stocks are rising ******* With this situation, the...
Should start this week with 2 or 3 bearish days until we get into the FVG. From here we can look to take longs as a reaction from it being filled. Not sure if it will switch bullish but should get a good push up from there at the very least. Goodluck this week and feel free to leave your opinion below!