S&P 500 : Trade plan for 23 July🕘 Target can act as Support or Resistance, Trade What you SEE, Trail Profits at every target or SL at cost.
Coronavirus cases up 37% over the last seven days to 203,082 in the U.S. The resurgence in Covid-19 cases around the world could slow the economic growth. My price target for SPX S&P500 is the $4160 support
S&P E-mini futures pointing down. There could be bounce from 4305 level and then if there's rejection at 4345 or lower levels, can test support levels at 4290, 4280 and then finally 4264. 4230 is the last level for bulls to defend. If it reclaims 4348 and stays above, first green flag. Goes above, stays above 4370 confirmation. Until then bias on downside. Until...
SPX500 1hr chart on top 200MA and 50MA will 'death-cross' (60m chart) if the acceleration of downward momentum continues. Downward momentum is evident in 3 custom momentum indicators. The momentum picture is similar (bearish) on all TF's from 30m to 240m. I intend to short upon sufficient confirmation of a reversal.
Market makers be stinking loooooooooooooooooooool but in all seriousness, will be looking for new short entries
This will be my final analysis on the Standard & Poor's 500 Index until the market bottoms out. I urge all investors that have extreme long exposure to exit the market due to economic uncertainties and political agendas Vaccinations leading to a 3rd wave has created an economic situation we have never experienced before. Markets are currently topped out and in...
Multiple Fibonacci indicators overlay right around this red zone. Large area of resistance. RSI is very overbought now, similar to other peaks. But whatever... Just keep buying it if you want. Money printer go Brrrr. I bought more puts. What can I say? I like hurting myself. I don't care anymore, and am a very depressed bear today. Hopefully these feelings...
We have seen a very bullish move from the US500 lately, with the past 10 days seeing 9 bull candles, and the only bear daily candle at 18 points down in a 220 point tear creating new ATH's. What Now? Is it time to short? Will this keep going higher? Is it risky to sell here? The answer to all these questions in my opinion is Yes. In my view, it is time to short...
HELLO TRADERS WE'VE NOTICED SOME WEAKNESS AND BEARISH PRICE ACTION ON SPX500 COULD SEE A DOWNSIDE MOVE TO CLOSE OUT THE WEEK! AS ALWAYS, ONLY RISK WHAT YOU'RE WILLING TO LOSE! THE TRADING REGIME. OANDA:SPX500USD
Hi Traders, This is my view on this pair for the next few days #SPX500 Double entry (wait for evidence after NY opening) SELL 4255 SELL 4257 SL 4262 TP 4240 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. If you follow my strategy you will...
We've broken the major support line for our uptrend, implying that the bulls are no longer in power. Watch the weekly candle that will close soon. It looks like a bearish engulfing weekly candle that could engulf the last 2-3 weeks. I am a bear. Keep that in mind, BUT, look at it! (Not financial advice)
ENDING DIAGONAL OF 5 TH WAVE ENDED AT 4257. CORRECTIVE WAVE ABC BEGINS Wave "C"of ABC correction bring s&p 500 INDEX TO 4133 as C= 1.618 of A
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE SPX 500 INDEX FROM THE 4 HOURLY CHART. The index is currently at a significant resistance level, will be watching price for reversal patterns and or breakout patterns. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON &...
Just a crab... not a blind short call, still been wary of a correction to come soon, as long as these recent highs not taken meaningfully the potential for a dive (and likely a fast one is here).
A ~25% decline from here should be rather quick and uneventful. However, such a decline is likely to be just the first leg on a long road to a full ~70% decline by the end of this full cycle. - Which would be nothing more than a garden variety return to the Historic Norm ! The same goes for all US Indexes and those who are historically informed (or reviewed...