Please Do your DD as this is not a financial advice The CPI report came in hotter than expected but still seems to be going down now at 8.2 from the June Peak of 9.1. I am reminded at the depths of covid how everyone was negative and bearish but the few who bought then made a lot of gains. I am still cautiously optimistic that this is a back test of the bullish...
S&P 500 - Bullish above 4,750, Bearish below - Range: 4,750 - 4,725.
Pair : SPX500 Index Description : Completed " 12345 " Impulsive Waves at Daily Resistance Level. Impulse Correction Completed. Breakout of the Corrective Pattern " Bullish Channel " in Short Time Frame and Strong Divergence in RSI
Uncanny resemblance here! Break the highs, run the stops (4860-4900) finish wave 1 up... Top is in place this week or next week. RSI is 82+ and we in extreme greed, time, and price at that point will match wave 1.. #witchcraftmuch Time of wave 2 and 4 also matches and they alternate between patterns/structures: i.e.: wave 2 is a flat correction and wave 4 was a...
SPX500 broke the key Horizontal level of 4588.4 And the index is trading in an Uptrend so I am bullish biased And I think we will see Some further growth !
Wave 1 = +20% Wave 3 = +20% Wave 5 = It only makes sense we do 20% to 5000 to complete wave 1! #IdoneTHEmaths #spx
SPXOVIDFOMO - Its this easy isnt it? Biggest bull market of our lives this next 6 months? Hahahahahahahahahahahahahahaaaaaaaaaaaaaaaahahahahahahahaaa!!!
Hello everyone, SPx500 6H NEW FORECAST The index price succeeded in surpassing the additional resistance extending towards 4725.00, confirming its readiness to resume the upward attack by currently recording some additional gains by reaching towards 4785.00. We currently and continuously expect the price to be exposed to positive pressures, exceeding the...
I'm expecting more bullish movement into December, There is liquidity residing above the 4600 level, looking for buy stops above 4600 to be taken out. Let's see what the following month has in store. Good luck traders.
SPX flat correction and we completing the C-Wave now of B-Wave! That is all I can make of this rally for now.............................. Looks super legit for now, lets see how it plays out into 2024!!!!!!
Hello everyone, SPx500 6H NEW FORECAST The index price began to receive additional positive momentum with the Stochastic indicator rushing again towards the 80 level, confirming the positive continuity previously suggested by its positioning at 4595.00. We expect the price to soon form new ascending waves to attack the recently achieved peak represented by the...
Hello everyone, SPx500 6H NEW FORECAST The price of the index is still affected by the negativity of the Stochastic indicator. We noticed its rebound yesterday after touching the 4588 level and presenting a sideways fluctuation near 4561. We would like to remind you of the importance of trading remaining above the additional support centered at 4500.00, to...
SPx New forecast The index price presented many positive closings and is now trying to hold above the resistance level at 4573, increasing the chances of an upward trend once the stabilized above the resistance . Therefore the upward scenario will be more likely during coming period ,and moving average 50 continue support the price to rise up , so stabilized...
SPx New forecast The index price rose in yesterday’s trading and took advantage of the positive pressures to hold above the stable barrier at 4460. We noticed that it recorded significant gains by rushing towards 4500, suggesting an upward trend during the coming trading. Therefore the upward scenario will be remain valid and effective supported by moving...
Hello everyone,The index price was forced to offer some side trading after recently touching the 4570.00 level, to be affected by the attempt of the Stochastic indicator to exit the overbought level, as shown in the attached drawing, and settle near 4550.00. We would like to remind you that repeated stability above the additional support represented by the...
Possible scenario for the development of events for the S&P 500. The current decline could be in the area of 4000 or 3805. By the 2024 elections, it is desirable that the index be in the ATH area or higher. Selecting an index above 3490 will form a long-term consolidation with the first target for growth at 5480. Therefore, already in the area of 3885, for a long...
Hello everyone, Yesterday, the index price presented more sideways fluctuation by settling near 4525.00 without recording any new positive target, affected by the attempt of the Stochastic indicator to exit the overbought level. The price may be forced to form some bearish corrective waves, but repeated stability above the support levels represented by 4492 and...
SPX if break the confluence of trendline resistance and horizontal resistance at 4600. Bull market back. If breaks 4100 level bearish momentum gains priority.