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...
Should start this week with 2 or 3 bearish days until we get into the FVG. From here we can look to take longs as a reaction from it being filled. Not sure if it will switch bullish but should get a good push up from there at the very least.
Goodluck this week and feel free to leave your opinion below!
Expecting for the price to hit this price range shown on the chart and a little retrace..
Bigger time frame shows, it will go LONG for a while...
It is still a bullish pattern on Weekly time frame.. Still has not crossed the bearish mark...
Expecting Monday to be a GREEN DAY and GREEN WEEK...
Just set a sell limit right here on spx500. Had a nice bullish run but didn’t break the high or low. Also the weekly will likely still close bearish so I expect price to take out those lows. Have a nice 15m shift leaving some imbalance to fill and have my stop above the swing High. Use proper risk management and fingers crossed we get triggered in after this nice...
Today we are here to talk about the SXP500 index.
Today: The index is trading at 4397. We saw a sharp down move in the last trading session. Which was expected, here is a link to the idea.
What's on the market now:
Currently, the market is developing a correction, the end of which may be lower than 43 30
What are we waiting for today:
Today we are waiting...
Hey tradomaniacs,
previous breakout-zone got re-tested and market-depth is showing baosrption in form of iceberg-orders. Very strong aggressive buyers are getting absorbed by sell-limit-orders which are getting reloaded over and over again.
So far a good sign for a continuation to the downside as big players seem to distribute volume.
Also technically a...
Today we are here to talk about the SXP500 index.
Today: The index is trading at 44 12. We saw a sharp down move in the last trading session. The link is in the description, there I mess this up by posting the idea on Sunday and it didn't take into account the trade of Asia and Europe, so it's not accurate.
What's on the market now:
The market has come out of...
SPX S&P500 is looking bearish for now.
I think we might see an inverse head and shoulder chart pattern before closing higher this year.
Looking forward to read your opinion about it.
Took the resell from last night L on us30 only to hit big. Hasn't came back to my main interest area but we will wait it out. Spx500 did come to my interest area though.
