Hi Traders, This is my view for this week on SP500 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below...
No follow through today, really in a no mans land. A bull flag is a worry for the bears and the H&S (which is quite big) is a worry for the bulls. Peak your side:) Wont rule out a move to 3770-80SPX to have everyone believe that we have broken the bull flag to the upside, then we finally reverse and re-visit Oct 2nd low at min Im seating out and waiting for a...
Im always honest with my homework, I dont like to have several counts to be always right. At this point Im seeing both scenarios: 1 - We break the orange trendline and we are off the races to 3900-4000 (not preferred) 2 - We break 3500 or Oct 2nd low, we see 3380-3410 at min! I'm in lower lows camp, as you know. But the window for the strong move down to start...
Hi everyone, I slept in today and did few things around house, needed some time off the screen. Yesterday wasnt a good day for me, I had some losses with stops, its not an easy market to trade, too wide stops get triggered as well. Im doing swing trades now only till the first extreme hits. So far its short the rip game and Im looking for the first test of...
We got the close discussed in my video (link down below. Title: Can bulls pull off a miracle?) can we get the targets? We shall see over the next month.
Analysis of the spx 500 index 10/20/22 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 3695. And over the past trading day, we saw a slight decrease in the index, but there was no sharp drop, the market continues to be in the support zone....
In this analysis, I discuss SP500 using Russel2000 as a leading indicator and try to figure out what can follow for US stocks and if the drop will continue. In my opinion stocks are not out of the woods yet and another 20% drop is looming on the medium term
beautiful pull back to the 1hr bearish ob also have trend line liquidity around the 4hr poi area
Even if the triangle is broken down, it still can spike up into tomorrow. watching 3680-83SPX. Im holding my swing short, will add if we see higher levels today. Quick ins and outs Main resistance is at 3798SPX, Support is not even close at 3565-70SPX and below, they are minor, weak. I think we will have a range bound day into tomorrow, cautious on both...
Small disclaimer: - Im not calling for a crash, but expressing a high chance (in my personal opinion based on my own homework) scenario to play out within a month time frame! - When we are out of the crash window, I will reduce this possibility to bare minimum! For this scenario to play-out (not a trading advice, just a possibility), we need a daily close below...
We got here divergence in price on this all four indicators, b-trend, rsi, cpr bear and DRW macd where I can find a reason to think that this bear market is almost over, we have as well a bullish engulfing candles from last two trading days. Good luck.
Well its a very bad close imo. Bullz have only one chance to hold todays close in B wave down and rally up to 3800 even! But if it instead (higher odds imo) we crash from the open, then my pathway will be - Down to 3400 - Bounce to 3500 - Down to my 3212 (better hold it) If 32 handle wont hold, we will see 2855SPX by 24th! Be ready! Im sure majority is not...
US500 - 23h expiry - We look to Sell at 3710 (stop at 3780) Buying pressure from 3580 resulted in prices rejecting the dip. The trend of lower highs is located at 3721. The bias is still for lower levels and we look for any gains to be limited. This is negative for sentiment and the downtrend has potential to return. We therefore, prefer to fade into the...
Analysis of the spx 500 index 10/17/22 Today we are here to talk about the SPX 500 index. What's on the market now: Today the index is trading at 3583. And yesterday, as expected, we saw a sharp drop in the market, which I mentioned earlier. Today, I expect market volatility to continue. The market will still be volatile for a while. Globally, as I said...
Short on S&P500. Hit top of channel on shorter time frames and not able to break through recently broken support, now resistance. Entered at 3689.
CME_MINI:ES1! TRADE PLAN Date: 17 October 2022 Instrument: S&P500 Timeframe: Daily Description: Markets on Fundamental Bearish. Entries and Exits depicted on the chart. Disclaimer: Charts are educational, NOT investment recommendations
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ The already familiar picture of the S&P500 market goes down for the weekend again... On Monday, at the opening of the market, I expect a continuation of the downward movement to the $3,550 zone, followed by $3,490 LOW, I think that's...
For the first time since the COVID sell off the SP:SPX closed the WEEK below the 200 SMA at 3583 points, for the previous three weeks the index was trying to test the support of the 200 SMA but after the heavy selling pressure in the other indexes TVC:DJI NASDAQ:IXIC and NASDAQ:NDX . SP:SPX has broken the support to the downside and most of the stocks...