SPX500 was trading along The rising support but now We are seeing a bearish Breakout and breakout Is confirmed so we Will be expecting a Further move down !
Quick idea to show that the Hash Ribbon indicator has turned green on 1D an Hourly timeframe. The MACD is about to touch bottom and reverse. These are signs that this correction is about to end. The SPX 500 just needed some cool down before continuing its uptrend, starting Monday I think.
The S&P 500 (SPX) is presenting a short-selling opportunity based on technical resistances on chart.
Microsoft made a significant move today. Based on my analysis, the price is expected to retrace to either the $438 or $429 level. I anticipate that the price will stabilize at one of these levels before a potential reversal occurs. Although I am not directly trading MSFT, I have invested in SPUS, which is following a similar trajectory.
Take a look at our analysis for SPX500USD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 5,665.3. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 5,860.7 level. P.S Overbought describes...
SPX500 went up to Retest the horizontal Resistance level of 5661 From where we will be Expecting a local Move down!
SPX500 broke the key Horizontal level of 5369 And the breakout is confirmed So we are bullish biased and We will be expecting A further move up !
SPX500USD HELLO TRADERS Tendency the price trade below resistance trendline , indicates the price is under bearish pressure TURNING LEVEL : there is a blue line around 5,596 , indicates if the price trade below this level reach a support level , but if the breaking turning level reach a resistance level NEW RESISTANCE LEVEL: there is a green line around...
My Dear Robbers / Traders, This is our master plan to Heist SPX500 / US500 market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders...
Here is our detailed technical review for SPX500USD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,516.8. Taking into consideration the structure & trend analysis, I believe that the market will reach 5,549.3 level soon. P.S The term oversold refers to a...
The U.S. stock market reached a new milestone on Tuesday, July 2nd, 2024, with the S&P 500 closing above 5,500 for the very first time. This historic achievement was fueled by a powerful surge in Tesla's stock price, coupled with positive signals from the Federal Reserve regarding potential interest rate adjustments. Tesla, the electric vehicle (EV) leader,...
Everyone senses there is something coming, but nobody knows what it is. Regardless the markets will correct massively, technically because we haven't had a 0.61 fib correction in a decade, secondly because the bags are too heavy and everyone is bagholding, we need to shake those who call themselves diamond hands at +50% price discounts, i.e. cheaper...
After re-calculations and re-assessing, I think I am ready to move forward. I have moved off my position that the 2022 correction was a Supercycle 2 correction and macro market top. I would be on the bandwagon the market is primed to move up indefinitely if not for the massive amounts of debt and cautious discretionary spending. I am still in the camp of prices...
It’s going to be a busy month for the Chair of the Fed (Jerome Powell), who delivers a speech today and then will testify later this month in front of Congress to provide updates on monetary policy decisions. Will we gain clarity on the timing of potential rate cuts this year, and if they are even being considered? Crypto in June - How BTC responds June saw...
Please, check our technical outlook for SPX500USD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 5,476.9. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
SPX500USD HELLO TRADERS Tendency the price stabilizing below turning level at 5,488 , indicates under bearish pressure PRICE MOVEMENT : the price stabilizing below turning level at 5,488 , indicates to reach a support level, have two condition to reach this level , first condition corrective 5,488 before dropping to 5,438 , the second condition in a...
SPX500USD HELLO TRADERS AS I pointed out yesterday , the price breaking turning level reach to resistance level , rising + 380 pip , today will be attempt to touch support level Tendency the price is a bearish pressure in 5,509 TURNING LEVEL : the price turning level at 5,509, price stable below this level it becomes reach a support level , but if...
Please, check our technical outlook for SPX500USD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 5,525.4. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5,670.1 level. P.S We determine...