SPx500 if it falls above 4265 in this direction will rise to 4288 then 4312 then 4334 but if it is below 4265 the direction will go down 4219 , 4197 then 4177 Pivot Price: 4265 Resistance prices: 4288 & 4312 & 4334 Support prices: 4219 & 4197 & 4177 The expected trading range for today is between 4219 and 4288 timeframe:4
SPx500 if it falls above 4265 in this direction will rise to 4288 then 4312 then 4334 but if it is below 4265 the direction will go down 4219 , 4197 then 4177 Pivot Price: 4265 Resistance prices: 4288 & 4312 & 4334 Support prices: 4219 & 4197 & 4177 The expected trading range for today is between 4219 and 4288 timeframe:4
Based on my analysis, the price has hit the lowest point within the bullish channel. I have reason to believe that it will continue to move towards certain predetermined areas.
SPx500 if it falls above 4296 in this direction will rise to 4312 then 4334 then 4353 but if it is below 4296 the direction will go down 4279, 4259 then 4240 Pivot Price: 4296 Resistance prices: 4312 & 4334 & 4353 Support prices: 4279 & 4259 & 4240 timeframe:4H
SPx500 if it falls above 4309 in this direction will rise to 4334 then 4353 then 4375 but if it is below 4309 the direction will go down 4279 ,4259 then 4240 Pivot Price: 4271 Resistance prices: 4334 & 4353 & 4375 Support prices: 4279 & 4259 & 4240 timeframe:4H
SPx500 if it falls above 4271 in this direction will rise to 4290 then 4309 then 4334 but if it is below 4271 the direction will go down 4254 ,4232 then 4213 Pivot Price: 4271 Resistance prices: 4290 & 4309 & 4334 Support prices: 4254 & 4232 & 4213 timeframe:4H
We all know that global indices have been under pressure whilst the US dollar and bond yields scream higher. But with the S&P 500 respecting key levels of support and forming a bullish hammer on Wednesday, perhaps it is time for at least a sympathy bounce? Furthermore, the hammer low perfectly respected trend support and closed above the 200-day EMA, with a...
we could see another rebound in 2nd half of this year due to easing inflation rate. july is uncertain.
SPx500 if it falls above 4316 in this direction will rise to 4334 then 4353 then 4394 but if it is below 4316 the direction will go down 4304 then 4286 then 4254 Pivot Price: 4316 Resistance prices: 4334 & 4353 & 4394 Support prices: 4304 & 4286 & 4254 timeframe:4H
SPx500 stabilizing above 4335 will support rising to touch 4355 then 4373 then 4394 stabilizing under 4335 will support falling to touch 4317 and then 4298 price pivot:4335 Resistance prices: 4355 & 4373 & 4394 Support prices: 4317 & 4298 & 4267 timeframe: 4H
FX:SPX500 will be bullish this week. I'm holding buys from last week. Will wait to see how NY performs on Monday.
Despite the prevailing bearish sentiment observed on social media platforms and CNBC today, it is important to note that the broader picture of the stock market continues to exhibit an upward trend, as exemplified by the bullish chart of AMEX:SPY , which has tested the middle dotted line and remains consistent with the ongoing parallel uptrend.
Told you to buy the bottom on April 15 Told you about the correction from 4600 - 4700$ on July 17
S&P 500 moved towards the 3980 level as traders prepared for tomorrow’s CPI data meanwhile, the tech heavy NASDAQ Composite was up by 0.4%. Today’s rebound is led by energy stocks. WTI oil managed to get above the $73 level as traders focused on the Keystone pipeline outage. From a big picture point of view, S&P 500 continues to consolidate in the range between...
Pair : SPX500 Index Description : Bullish Channel in Long Time Frame and Rejecting from the Upper Trend Line Completing its " 3rd " Impulsive Wave. We have Break of Structure and Making its Retracement in Corrective Waves " ABC " . Possible Rejection from Fibonacci Level 61.80% or Previous Resistance
Just by simply measuring the previous corrections in the stock market, it is clear that corrections in general do not take long. The average size corrections seems to be between 3 and 5 weeks. The botom of the current correction is found in week 4. As the price is also holding a critical support level, the probability of this being the bottom is incredibly high....
I posted this chart few weeks ago as a follow up to my short to show the few paths SPX is going to take after it begins the descent and SPX has followed the one where I explained about a break of the channel into the deviation below. please refer links below the description to look at my previous posts on SPX short idea. The only difference is that this happened...
According to the World Famous trader W.D. Gann, the ideal advancing angle in an uptrend is 45 Degrees. In other words, 45 Deg. is a perfect balance between supply and demand. However, even in the Dotcom Bubble, the trend angle was less steep than the current trend. This indicates a much more downward potential than the 2000s burst. Stay Safe!