looking for one more upleg before going down again. look for sells at 3350-3400 . not likely but ; if SPX hits above 3400 then uptrend may expand further. good luck.
Looks like S&P 500 will be once more reaching for the minimum of at least $3280 zone before continuing with it's decline.
🚨 Let's take a look at the emini futures contract on a 6 hour chart. Is this the start of another major correction or will the fed save us all!?!?!? We currently sit under 3 major levels of Resistance from the previous major market correction to the upside. Horizontal top and the 2 upward red previous major support levels, which are now acting as Resistance....
I like SPX500 for a long right now based on D Fib and RT of previous H
😁 Similar to oil as the upward major support has been broken. The 3day is starting to curve. Daily Timeframe Crossover Strategy: Red Crossover The EMA Dots: 3/3 Red Support Level: 2941 Resistance Level: 3213 A break below support I think we would see a major correction. Have an awesome day! ✌ 🥇MLT | MAJOR LEAGUE TRADER
I'm going long with some SPY stock. I feel we reached a dip bottom here. Per pattern we should swing up heavy soon
Heading for previous top and heavy dump will follow it. Good Luck.
Taking a look at the lower trend line dating back to 2016, you'll see obvious esistance levels, and the two out of balance areas. One being Covuid-19. We were quick to recover and re-enter that Channel. Yesterday, bottom of that trend line was hit around 3,000 and is slowly recovering from that bounce. Set you're fibs and find a good entry. Don't let the bears get...
🤔 Might be about that time! Spx500 ascending wedge coming to a Squeezing point. Line up the Crossover strategy and the ema dots, take entry and play the breakout. Easy calls. Good luck! 🎲🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
Our view on #SPX500 for the next week ---- Trading Kitchen
📊 Bulls have been on a COVID recovery rampage despite some unrest in the streets. While we are seeing a pullback on some previously bullish S&P holdings (for example Apple and Microsoft) today, the market is still somewhat mixed as money flows into banks, airlines, etc. Overall there is no indication that the top is in, but there is some indication that a...
Small frame 1h in Spx500 but the target is also very significant: Buy SPX500 : $3062 Sell : $3130 . Stop loss : $3040 . Wish you good deals
The S&P 500 has rallied 1.2% on May 26, topping the 3,000-mark for the first time since Mar 5. The S&P 500 exceeded its 200-day moving average for the first time since early March which is an indication of the start of a long-term bullish trend. Coronavirus vaccine hopes, reopening of economies, some upbeat economic indicators and new pandemic stimulus by the...
Everybody talks about technicals indicators, but no one tells you to put inside the mind and the feelings of the creator. Markets make me Buddhist, even if markets are a completely different thing
Enjoy a free signal Trade at your own risk; Know your risk to reward We had a breakout of monthly S/R area and now market has come back down to retest the 12hr uptrend. If it holds, this shall play out. Symbol: SPX500USD BUY Entry: $2950 Best entry: $2940 Stop Loss: $2920 (-$30 to -$20 from best entry) Take profit: $3015 (+$65 to +$75 from best entry)
We did have a surprising move from the spx500 as it broke above old Resistance of $2940 and currently sit at $2951. We want to see the old Resistance become new support for a trend continuation upward for the bulls. The daily, 3 day and weekly are all green. Which can help validate how strong this trend reversal is. I'd look to find a long term position on a...
SPX Short Bias Remains.. 13:27:23 (UTC) Fri May 22, 2020
S&P 500 Index (2H) / Three Elliott Wave Counts