We have seen a movement similar to the two previous crosses, each of them reached the support around 3600, parallel to this pattern a downward compression triangle is forming, which can confirm a loss of support, the stochastic rsi marks oversold but the rsi is positioned downwards and the rsi is held by the bears, that is, a bearish pattern.
Hey guys. According to the chart of S&P500 we see create the "wxy" wave so I expected be formed the "b" wave and start to "c" wave end at 3098$
Due to price movements in currencies such as the euro, dollar and gold, the price of the dollar will go down after reaching the area of 50
With a key level of the $JPM Quarterly Options Collar sitting at $3,855 on SPX ES1!, markets seemed to have been "pinned" for the time being as market makers position for the close of business ahead of the Christmas holiday. Question now is are the bulls hopes of a Santa Rally into year-end wishful thinking? 🎅 🎄 Or, we see another attempt at a short-term relief...
Bulls are calling for SPX to 4150 bears to 3100. Which trend-line are we headed for? My personal belief is we are dead cat bouncing on the way to 3100 but time will tell. If the bulls rush in we could definitely see a squeeze to 4150... If reality takes hold 3100...
US500 - Intraday - We look to Sell at 3909 (stop at 3963) A Fibonacci confluence area is located at 3776. An overnight positive theme in Equities has led to a higher open this morning. Intraday, and we are between bespoke support and resistance 3893-3503. There is no clear indication that the downward move is coming to an end. Our profit targets will be...
So sent this bearish pattern to a friend of mine the other day before it actually to be turned out right, so now I think we are going a for a new low 3.3k seems like coming soon, generally the market is bad, however kind of a bit late to short, so imo cashing out and waiting to long/buy again seems like the way to go and imo 3.2-3.3k seems like the buy zone for...
Here is a chart that calculates SPX "Fair Value", based off FED Net Liquidity variables. SPY ES1! Looking to the end of the year 2022 and the start of 2023, here are some SPX target ranges to keep in mind when taking into account the current FED Net Liquidity: Upper Bound: $4,271.69 Fair Value: $3,921.69 Lower Bound: $3,771.69 If you want a copy...
Needs below today's lows to confirm the move down, then should test low 3800 There is a big SPY put wall at 3800, so I expect it to hold and close around 385 or so
US500 - Intraday - We look to Sell at 3918 (stop at 3988) Trades at the lowest level in 25 days. The 161.8% Fibonacci extension is located at 3861 from 4140 to 3968. The medium term bias remains bearish. Bespoke support is located at 3504. Our profit targets will be 3745 and 3505 Resistance: 3918 / 3958 / 4140 Support: 3861 / 3746 / 3503 Disclaimer –...
I was sleeping in today after my BD celebration yesterday and what a present I got:) The only issue is I didnt short 2am last night as was looking to do it and tweeted about it! Good I got some of those lotto puts (tweeted yesterday as well) We got a gap down I was looking for, hope people are not trapped long since yesterday as I warned so many times as well as...
Bull Trap from Last Week Re-testing Key Support In our last trading plans published on Wed., 12/07, we wrote: "Last two sessions turned the recent spike up into a bull trap. However, our models are indicating that the index is likely to find some support around the 3910-3915 range. Longs might want to wait to see if the index holds this level, and shorts need to...
"When the Lamb broke the fourth seal, I heard the voice of the fourth living creature saying, “Come.” I looked, and behold, an ashen horse; and he who sat on it had the name Death; and Hades was following with him. Authority was given to them over a fourth of the earth, to kill with sword and with famine and with pestilence and by the wild beasts of the...
This is a perfect re test of the broken wedge. No Santa Crappy is coming your way! Watch for the Grinch train running over bulls into the EYO close First maj stop is at 3748SPX gap close, ideally this Fri!
Time cycle plays a vital role in Neo wave analysis. Both time and price are the Manthra in Trading. The ancient Fibonacci and Elliott waves are the only TWO usefull tools foy my analysis both for trading and forecasting. I find this method of trading which suits me and giving consistency of profits for the past 20 years ok! S&P500 index almost reached its...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 If you're into stonks, today's update is for YOU. Cryptocurrencies are the largest part of our focus, but that doesn't...
Full analysis to follow with specific near-term levels. Prior Intermediate 5 did not move as expected so that likely puts us inside of Primary wave B heading down. Early estimates have us in Primary B Intermediate A Minor 3 Minute 2 This means wave 3 of 3 is next with the inflation report tomorrow morning. Early signs per this would have November inflation...