All we are waiting for is a break and retest of this major H4 resistance level before looking to go long, hopefully we can add a fibonacci setup and look for bullish divergence as added confluences, but right now its a waiting game.
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Good luck, stay blue,
Ash
For every one that wants a quick analysis. Basically, SPX is going to be bouncing in this 3400-3205 range for a little while. I believe that we are entering into a consolidation period before a big move. To early to tell which way it is going to go.
For everyone that wants a more detailed analysis here it is. SPX broke through its major support line, the grey...
The next quick bear market is in the cards. However, the run to new all time highs will not make the next bear market hurt as much. This projection is an update to one previously posted the other day which accounts for Intermediate wave 4 ending on September 24.
The specifics of each plotted point is based on the next top occurring on November 5 and lasting 30...
This one is pretty black and white or green and purple in this case lol Show me the chart I'll tell you the news.... Lately I been trying to master 2 indicators S/R Zones and Tend-lines lets make this money $$$
S&P 500 1W-TIMEFRAME ANALYSIS
Hello ladies and gentlemen
This is my new idea for SPX
the price will test 3130 daily support
My idea shows the possibility of breaking this support
But be relaxed
Real support is between 2970 and 3030 It would be good to test it
From there we will start the bull market
I hope my idea is clear
Support me by like and...
S&P 500 is signaling to me the formation of a short-term long setup. This is against my HTF stance of looking for 3200. For this short-term setup, I will look for 3330 and then 3370.
Please give this an idea a like if you found it helpful. Price still has the potential to reach lower. Next Objectives are 3280 & 3250. Remember, I am eventually looking for 3200. Refer to the related ideas attached to this post. Thank you.
Hey tradomaniacs,
in the chart I show you some points why I doubt in a sell-off right now as it is expiration-day and the volatility is generally very high.
There are so more points I don`t need to note as they need more explanation but these points are enough for me to stack more longs.
In case of a drop I just hedge positions. :-)
LEAVE A LIKE AND A...
Hi All,
Keeping it short:
With the assumption that we have made wave 1 on the macro level with this being the top, then we are having the ABC retracement.
We can assume that we can have a moderate correction or a deep one.
For now, the projection is the 0.382 retracement level which has confluence with the Weekly 21 EMA;
If it was to be deeper, then the 0.5 to...
