With all the Doom & Gloom regarding recession worries we liked our idea even more so into Q1 close last month. So far so good however we are still very early in Q2. We remain bullish above last months high (March 2023) Seeking Pips will be managing our positions on the Weekly and Daily charts. We also note that the current price is also in a key Fib...
spx analysis on the 4 hour chart = Technical analysis is based on trend analysis, price behavior, support and resistance, and the Dow Laws = If it crosses the downtrend to the top, it enters the first target to buy = If he adheres to technical analysis, he has three ambitious goals
According to 3 Months Analyzing and monthly candle, here we can expect bullish wave.
$SPX currently trending at consolidation paste. No strong catalyst for monday for market to pump but the momentum looks strong for bullish continuation. 1 hour & 4 hour chart the RSI at the overbought level. expect a pull back soon. for now just ride the trend. below is my price level for SPX calls and puts. Calls: buy above 4143.30 sell at 4180.26+ Puts: buy...
Looking for some nice bullish moves during Q2 and I expect price to hit 4530 by summer. With that being said, I also expect more gains above that price this year. Q1 closes in 4 days and we are looking bullish at the moment. If March can go bullish, I believe there is a strong chance stocks will rally this year. This analysis is based on price action, supply and...
Favoring second entry @ 4018.75 If both of these get slapped, I will be looking @ 4001.50 & go from there. What are your thoughts on this if you have any, if you agree drop me a boost. Grazie 444 Shep
The banking failures and constant layoffs happening in real time I believe will impact the Fed and Higher rates and recession may be imminent. We have been breaking structure to the upside and I am looking for a retrace between 3955.00 and 3980.00 with the first target at the 4027.1 level. Currently bullish until the market specifies a break of structure below...
EIGHTCAP:SPX500 As we can see a new uptrend is forming on the EIGHTCAP:SPX500 We can see that price has broken structure forming it higher high and has come back to retest that same area and also showing signs of rejections at that area so we could be looking for possible sells around that area, but if price pushes below and closes below that area we...
= Technical analysis of the spx500 on the hourly chart = The analysis is based on trend analysis, support and resistance, and the Dow Laws == We have two buying targets after successfully re-testing the crossover to the top = You must wait for the price to cross the red danger zone
S&P 500 indices (SPX) and US500 chart looks quite similar Price broke out of the bearish descending trendline, retested by grabbing liquidity below the trendline and its about to have some upward movement. What do you think? like and comment below
This analysis isn't going to be very exciting. I just wanted to share that I think it is likely the SPX has found a bottom. We're still below resistance, but this is likely going to change soon, especially with the 3rd retest of the zone. I'm bullish on the stock market.
Again my Bearish theory behind SPX 1,2,3 comparison Vs a structure that formed way back in the 60's Simply showing the similarities and possibility that could arise More informed chart below
hi traders! In September this year we have published a trading idea where we identified the Rising Broadening Wedge on SPX chart, which is a bearish pattern and we predicted more downside to come: In November we looked at the chart from a different angle and we published the idea where SPX continues the downtrend as it's getting rejected from the downsloping...
KINDLY look at the chart and see my position for this asset. Bull in a long run
Looking for equal measured move to the upside for ABCD completion...
Well, Last week, I was right - until I was wrong. Thanks to CRM and a Fed Chairman talking about "only a .25 rate hike", the market was behaving as forecasted.\ Why blame CRM? Not only did it manage to pull up on the DJI, it pulled up on the S&P (Since it is calculated into both averages). So, here we are - new week, new data and the data changed from last...
US500 is on the way to revisit the weekly support zone around 3990. Currently it has hit the daily support but it is likely that it will go and at least touch the weekly support zone. But they both are quite close. That will definitely produce a bounce to the upside and might bring the price to daily resistance level. Let us see if this daily produces enough...
1/9 Risk reward setup entry : 4063.9 stop loss : 4057.7 take profit : 4120 follow and subcribe if you like my ideas hope you having a good trading