Hey tradomaniacs, welcome to another free trading-setup. SPX500: Daytrade-Execution Market-Sell: 4384.00 Stop-Loss: 4393.00 Point of Risk-Reduction: 4375.00 Take-Profit: 4349.03 Stop-Loss: 90 pips (9 points) Risk: 0,5% -1% Risk-Reward: 4,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
A prediction , or forecast, is a statement about a future event. They are often, but not always, based upon experience or knowledge. Although future events are necessarily uncertain, so guaranteed accurate information about the future is impossible. Prediction can be useful to assist in making plans about possible
Greetings traders. Upon viewing the Mini S&P, it seems a few factors have lined up to provide a shorting opportunity! First we have a great test and rejection of structural resistance around the 4475 area which lined up with the retracement zone of the move from 4550 down to 4293. Since then, we have put in an nicely formed impulse that diverges well between wavs...
S&P Possible Head and Shoulders depends on 10Y strikes.
SPX Short| SPX500USD Short| S&P 500 Short SPX500USD Short Trade Marked On Chart SPX Short Trade Marked On Chart GOOD RISK TO REWARD TRADE. LIKELY TO FAIL AS THERE IS A LOT OF SECTOR ROTATION AND NOT VERY CONFIDENT THE TIMING IS RIGHT. PLEASE DO YOUR OWN DUE DILIGENCE AND ANALYSIS, TRADE AT YOUR OWN RISK
Carried out two different fractal analyses and found a similar movement of the two charts Small-scale correction is expected later in the year
-Trendline broken ✔️ -Trendline retest✔️ -The market retest the 50 MA ✔️ Like and subscribe for more ideas👍
🚨We are nearing a Dow-Sell-Signal acc. to the new Dow-Theory🚨 We had a drop of more than 3% S&P and Dow which is causing a secondary reaction. If the S&P stays below $4400 the secondary reaction is confirmed. This is the FIRST step acc. to the Dow-Theory system by Jack Schannep! The economy is still in a major post-pandemic depression and many S&P500 companies...
Despite the fact that the S&P is still largely bullish and a lot of data point to the upside, the truth is that currently the SPX has broken a very key trend that was tested many many times. It hasn't had a 10% correction since September 2020, while it has gone up 42% since its September 2020 low and 109% since its March 2020 lows. The truth is that it could keep...
On Monday, the index has opened with a huge gap and in the next 3 trading days was trying to fill this gap. However, the bulls are very weak, and this is more of a technical rebound, not buying pressure. I expect a new leg down, and 4240 support can be the short term target
This is an update of the "Possible Diamond Reversal" idea. This is clearly a fractal diamond regression. The same setup occurred recently on Bitcoin. I added the 100 Day Moving Average as this seems to coincide where I placed the lower bounding trendline which I extrapolated from the secondary trend. This trendline goes back to the March 2020 recovery. Most...
Hey tradomaniacs, SPX500 has just retested a nice distribution-zone and could continue to move down after the recent rejection. Nice- Risk-Reward worth for a try! What do you think? LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
After multiple days of trending downwards, the S&P500 reached a key support level at 4450usd that it needs to hold in order to continue the overall upside trend. If it breaks lower, the target is -7%, so 4138usd. I`m looking forward to read your opinions on it.
As SPX has been leading the way this week, today was no different. Starting off with some downward pressure seaking liquidity it found some @61.8 level and gave a really nice reaction pushing towards the previous 2 day highs but not closing above. this leads me to believe were going into a bit of a range so im looking for this rally to be short lived and...
S&P as predicted gave some pre market push up before some strong downward force to fill the gap to perfection and giving a beautiful reaction to the 4450 zone 50% level. Im still bearish for the moment looking at the 4420 zone 70% level but main focus is on the 4400-4375 area with the 79%and88% levels where ill be looking for a structured momentum switch.
The Dow Jones Industrial Average and S&P 500 Index just suffered five straight days of losses and their worst weekly performance since wait for it June. www.cnbc.com We taking this trade based on TECHNICAL ANAYSIS and FUNAMENTAL ANALYSIS, We expecting the pair to CLOSE the GAP before a Bullish continuation. Please use proper risk management depending on your...
US500 potential bearish setup. Retest then fall.. Let me know your thoughts.
As the S&P starts to search for liquidity before it can head higher again ill be very interested in the reaction to the 4450 zone with the 50% level accompanied by a GAP. Also interest in the 4420 zone with the 79% level.