I have marked resistance to take and support to break. Did a quick long from 3972.5 long and already out at 3983.50. I will jump on a wagon if it break either side, so far no mans land, need to see the real move here. My thinking is that we get a fakeout in am and sell off into 3900. But I will be looking at the resistance test (if it breaks) and will do a long...
Needs to break 3950-52SPX to continue lower. In triangle now, below maj resistance trendline. Looking to buy 3907-13 for a bounce back to 3950-55 level, otherwise holding my swing short Topping is a process...
Perfect example as to why patience is key in trading... It is all it takes and it is a valuable lesson I am still learning dearly!
Hello! SPX is in a Descending channel. The Price is gonna Keep falling for now it seems. the Price haven't touched the top of the channel yet so this means the price will Increase a bit before Descending further to the point where it touches the bottom of the channel.
I have added short position at 3995 SL, above the recent high at 4045.
Analysis of the spx 500 index 11/15/22 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 3957. Yesterday we saw an attempt to increase the index to the level of 4050. This attempt was unsuccessful, the index only renewed its...
Smart money concetp. If you like this idea make sure you left the comment below. Have a good profit=)
My weekend update was banned as noted other place, Im re-posting now: I have cycles top on Tuesday and choppy period into 22nd low The way I see here is that the price is about to finish the wave 2 and 3rd wave will bring the price down into third week of Dec. Dont see and Santa Rally this year, it should be a Santa Crappy. Nov month should be lowest monthly...
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...
Dear friends and companions: According to my roadmap, after hitting the bottom of the ascending channel, the price will have a correction up to the specified area. If you like my analysis, please like and follow me CME_MINI:ES1!
Watching for DXY as it reclaims and forms a descending broadening wedge, would expect the rallies to die and SPX Bear flag to play out. Neutral but 60/40 leaning towards short, watching key levels
SPX must close above 3907 today to confirm the breakout! Bounced off resistance on this move, super extended and overbought now. Resistance is at 3933SPX, broken trend channel test from the bottom I have trimmed my longs (from yesterday's 3755-60ES entry) before the CPI, oh well, cant win them all. SPX is still in its opening channel Tomorrow is a directional...
Want to make a special disclaimer here: Do not bet your house on this if you're trading futures (ETF option market is closed) as I might be completely wrong! I want to present you a possibility of another mini crash tomorrow (Oct 13th like) maybe even limit down! If CPI comes hot tomorrow am that could produce another huge sell off like we saw on Oct 13th. CPI...
So far so good, want 3686-3700 tested, otherwise there is a lot of support at 3660-66SPX zone
Watching the next resistance to hold 50 or 61.8% retracement
Live action of a Breaker and the power of the move after it holds and builds enough liquidity.
Analysis of the spx 500 index 11/09/22 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 3828. Yesterday the market continued moving towards the level of 3820-3845, which I wrote about earlier. However, at the moment, I see all...
If this H&S plays out/triggers we will see the price in 3k zone For now there is a support box for the move lower. Expect unexpected, as the price was tested so many times on the downside, it can break next time it does test it. Also if this is a start of the wave 3 down, it will be fast and with min retracements, so be careful when trying catching the...