Today we are here to talk about the SXP500 index.
Today: The index is trading at 41 31. Last trading session we saw a sharp drop to 4100 which we expected earlier, here is a link to the idea.
What's on the market now:
Because of all the negative forecasts for the production of GDP and the presence of strong inflation. The US global market goes to the 3850...
In my previous analysis regarding SP500, I said that I expect a drop under the 4k figure and things are getting closer and closer to that moment.
Looking at the price action for the past 4 months, we can see that after a very bad start of the year, stocks have tried to recover, but sellers capped gains in the 4.5-4.6k zone.
A new attempt of recovery started in...
Today we are here to talk about the SXP500 index.
Today: The index is trading at 4287. In the last trading session, we saw a sharp increase to the 4315 zone which I expected earlier here is a link to the idea.
What's on the market now:
Today the market will be in the phase of fixing the profit received yesterday. Globally, the market moves to the 3780 zone....
Hey tradomaniacs,
SPX500 has tested the current upper trendline and could continue its way down as recent attempt to break has got rejected with a fakeout.
As always I`m very cautious here due to the current volatility and uncertainy of the market.
Generally we can assume that rising rates are putting stocks under pressure which is why I`m currently staying...
We have almost every timeframe in sync to the downside. I feel like we will push up into here then sell off very hard and continue down into the 4100 level. Goodluck!
Hey tradomaniacs,
recent action in the orderbook has shown a stop-hunt right above the key-resistance-level as one aggressive buyer has pushed price up into a roof of limit-orders whose got reloaded.
So far I expect the market to fall as the entire sentiment is pretty bearish.. only the key-support-zone (Weekly) is the reason for a run up as it is so...
Going short on Spx as it’s extremely bearish on almost every timeframe. Going for a 3R trade. Goodluck and have proper risk management if you take this as well!
H&S target 3500
Black dashed line, ciould provide support for a week or so, RSI is near overesold.
However the weakness in May shoudl be used to sell and book profits/losses to enter at 3500 levels.
Not financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Today we are here to talk about the SXP500 index.
Today: The index is trading at 4296. Last trading session we saw a sharp rise after a correction to the 4220 zone that we expected earlier, here is a link to the idea.
What's on the market now:
Globally, the market moves to the 3780 zone. And yesterday it formed a local bottom at the price of 4200.
What are...
We can see here that the SPX and BTC are highly correlated...
We can see BTC (Black line) moving ahead on the drop.
We can see the SPX dropping to 4262 short-term... We have clear and strong bearish signals to support his call.
We also have a GAP that is about to be filled on this drop.
What does this means for BTC (Bitcoin)?
We can say $36/$37,000 on the next...
We previously looked short on core key resistance and MA's. As we RE approach these levels our bias remains.
Awaiting Market sentiment input with news today and tomorrow. Trade Lightly.. SPREAD out!
Today we are here to talk about the SXP500 index.
Today:
The index is trading at 4459. In the last trading session, we saw the price rise to the level of 44 85, which I mentioned earlier here is a link to the idea.
What's on the market now:
The market is in lateral movement. Yesterday it formed a local peak at the price of 44 85.
What are we waiting for...
Price is showing signs of shifting down. Took this short looking to gain 3R risking 10 points targeting 30. I expect price to take out yesterday’s low atleast but we shall see.
I am not a financial advisor so trade at your own risk and always follow your risk management plan!
Today we are here to talk about the SXP500 index.
Today: The index is trading at 43 86. And at the moment the correction in the market continues.
What's on the market now:
The market is in a declining movement and the global market may fall to the level of 44 30 - 42 50
What are we waiting for today:
Today we are waiting for the exit from the correction...
See, according to the existing page, our external harmonic bat pattern enters the fall from 4632 to 3875
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Fibonacci says we may have a 50% return, maybe up to 38 Fibonacci and sometimes 23 Fionachi will go back.
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We now see 4 strong downward contexts
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But this 200 pp rise does not mean that stocks are rising
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With this situation, the...
Hey tradomaniacs,
its been a very slow day due to holidays almost everywher except the USA which could give us atleast one great opportunity now.
SPX500 just re-tested the key-resistance-area after the recent breakout and is giving us a nice chance to sell.
Market-Depth is currently showing iceberg-orders absorbing stop-runs above the resistance which makes...
