SPX expected to rise up to 1st resistance at 2955.8 where it could potentially react off and drop down to 1st support at 2802.4.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX bounced off 2841.3 where it could potentially rise further to 2955.8.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Futures have clearly risen tonight from a false report that Trump said he would extend exemptions from banning Huawei. However, he later confirmed in the most recent update to reporters around 5PM EST today, that this report was completely false and that his staff will issue a final statement tomorrow with a likely ban coming (and possibly an indefinite ban all...
The SPX could be forming a flat or expanded flat pattern (as shown). Hence, it might go up for a few days before continuing its fall.
This is just a short-term forecast. The long term forecast remains the same as in the previous update (link attached).
S&P 500 Index got back above both Trading Range and Key OB. After making a Higher High, now it has made a Higher Low too. Also considering the volume, this seems pretty bullish. A bullish retest will trigger our entry, then we are good to go to Fib Extensions.
Entry: 2911
SL: 2769
TP-1: 3199
TP-2: 3099
R/R: 2.03
Please let me know if you have any suggestions or...
S&P 500 (SPX) shows a bullish sequence from December 26, 2018 low against June 3, 2019 low (2728.81) favoring further upside. Short term Elliott Wave view suggests the rally from June 13, 2019 low (2874.68) is unfolding as a leading diagonal Elliott Wave structure. Leading diagonal is a special type of 5 waves structure with a wedge like pattern and overlapping...
SPX to climb from its upside confirmation at 2900.6 where it could potentially bounce further to 2964.0.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
I believe it should be evident that the top has been put in on this two year topping pattern of : Bear Wedge / 3 Drive Bearish Divergence (M)
Now the fun starts.
GL
SPX bounced off its support at 2841.3 where it could potentially rise further to 2955.8.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX bounced off at 2841.3 where it could potentially rise further to 2955.8.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX expected to rise up to 1st resistance at 2955.8 where it could potentially react off and drop down to 2880.1.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX is expected to drop to 1st support at 2826.5 where it could potentially react off and up to 1st resistance at 2936.2.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX to climb from its upside confirmation at 2900.6 where it could potentially bounce further to 2964.0.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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