Nothing has changed, SPX is on the way to its target zone I wanted a good gap up and crap from there, but we got completely the opposite. Waiting patiently to enter with short position at 4007-20SPX zone I havent traded much today, want to short, but this can continue squeezing on low vol
Nothing much to add since yesterday's updates. Im looking up for a breakdown trendline test. If its very bearish, then it can just get to 3965-70SPX and stop there. That would mean much lower levels are coming this month! Ideal pathway is to test 4k level and reverse down. That would be your shorting opportunity The whole move off CPI will be erased next! If...
Fed Pivot Hope Turning Into a Bull Trap Nightmare? Day 3 In our trading plans published post-NFP on Fri., 12/02, we wrote: "After 20 days of meandering around 3950/4000 level, the index rocketed out of the range to a session high of 4093.50 on the FOMC day, 11/30/22. This morning's Non Farm Payrolls data could be suggesting that it could potentially be an...
US500 - Intraday - We look to Buy at 3958 (stop at 3927) A Fibonacci confluence area is located at 4038. Continued downward momentum from 4040 resulted in the pair posting net daily losses yesterday. Selling posted in Asia. Intraday, and we are between bespoke support and resistance 3958-4048. Preferred trade is to buy on dips. Our profit targets will be...
Fed Pivot Hope Turning Into a Bull Trap Nightmare? After 20 days of meandering around 3950/4000 level, the index rocketed out of the range to a session high of 4093.50 on the FOMC day, 11/30/22. This morning's Non Farm Payrolls data could be suggesting that it could potentially be an "irrational exuberance", and the futures' reaction so far post-NFP points to...
This resistance line is in place since all the way back in January '22. The moment we break this I am expecting a massive relief rally for the SPX500. And if the DXY falls more this will give it even more fuel to make a good upwards move. If the SPX500 breaks we could see the Bitcoin price go up as well. The break would ne around 4115 ish (Dec 5) Trade safe!
Due to the event risk of Powell's speech at 1:30pm EST, our Aggressive Intraday models do not indicate any trading plans for today. Our Positional Trading Models ended yesterday with an open long that was carried into the Powell's speech. Models indicate carrying the long into the overnight session, with the 36-point trailing stop intact. Also, models indicate...
SPX500 is trading along The rising support line and Is about to retest the support So I am bullish biased and I think We will see a bullish rebound
📈Trade Idea📉 🟡 #S&P500 Index 4H ✍️We can have two trading scenarios for this index. Considering that S&P is in the Equilibrium range, it can move as a continuation movement (CP) to the supply ranges in the chart (Premium), of course, with the condition of penetrating and closing a four-hour high candlestick (PDH-PWH). In this case, consider two scenarios for...
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Analysis of the spx 500 index on November 23 Today we are here to talk about the spx 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at the level of 4003. Yesterday on the market we saw a sharp rise in the index and an attempt to get out of the current correction. As I said...
SPX Monthly Chart with momentum RSI MONTHLY - showing double bottom: Formed in June of '62 & Aug '66. retested twice in May '70 and Oct '74. Rebounded and never looked back. Formed Nov '87 & Oct '90. Price did not retest low. Current March '20 & Sept 2022. Will price comes to retest the lows or never look back again? Is the BOTTOM IN ? Is it over for the...
Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at 3949. Yesterday, as I expected, we saw an attempt to increase the index at the market opening, i mentioned earlier. However, there were few volumes on...
Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at the level of 3946. As expected earlier, the market started to correct. And yesterday we saw the price reach the 3920-3900 level which I mentioned...
Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at 3965. Last Friday we saw the index approach the 3990-4000 level I mentioned earlier. Also at the end of the day we saw trade entries from experienced...
SPX 500 long targeting a small push upward we are approaching resistance.
After performing a Market Structure Shift on Daily, S&P 500 long Swing Target is $4355 🎯 This is in confluence with Weekly FVG and Optimal Trade Entry (0.618-0.7 fibs) for the Short Idea 1. Long to $4355 2. Short from $4355 to mid range $3915 and lower Good Luck 🍀
Analysis of the spx 500 index 11/11/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at 3960. Yesterday, we saw a sharp rise in the index. I thought that such an event was unlikely, but it happened. As I said earlier, if there is such an...