SPX- 02/09/23 **Trade setup:** Seems to be holding the $4250 area really well, will look to test again to see if they take it out. We have completed the head and should pattern I identified on the 18th of SEPT now we are holding nice in this area so I will look for another test of $4250 to look for a structure break on the 15 min to enter a long. If it doesn't...
SPx500 if it falls above 4309 in this direction will rise to 4334 then 4353 then 4375 but if it is below 4309 the direction will go down 4279 ,4259 then 4240 Pivot Price: 4271 Resistance prices: 4334 & 4353 & 4375 Support prices: 4279 & 4259 & 4240 timeframe:4H
This is my weekly analysis for SPY.I have clearly explained what price is willing to do and trust me there is no rush to push trades on yourself. Just wait for the right opportunity. If you have any doubts feel free to shoot me a text. NOTE: STAY AWAY IF YOU ARE NOT SURE ABOUT THE MARKET
SPx500 if it falls above 4271 in this direction will rise to 4290 then 4309 then 4334 but if it is below 4271 the direction will go down 4254 ,4232 then 4213 Pivot Price: 4271 Resistance prices: 4290 & 4309 & 4334 Support prices: 4254 & 4232 & 4213 timeframe:4H
Elliott Wave Analysis:- correction Wave's:- View 1:- A wave and B wave was completed for forming a regular flat / Zig-Zag . C wave was expected to fall upto 4197 - 4270 . View 2:- If the C wave never break level 4335 of A wave then triangle pattern is in formation. D wave never break B wave. View 3:- If B wave go...
SPx500 if it falls above 4316 in this direction will rise to 4334 then 4353 then 4394 but if it is below 4316 the direction will go down 4304 then 4286 then 4254 Pivot Price: 4316 Resistance prices: 4334 & 4353 & 4394 Support prices: 4304 & 4286 & 4254 timeframe:4H
The SPX 500USD is breaking unto a yearly trendline support from 20th April 2020. The market is ready to retest the weekly EMA-50 and Daily EMA 200 on that same support at 4257 which coincides with the yearly upside trendline support. My bias is that the trend will be upside from the liquidity zone and yearly trendline support. I am also expecting a bearish wave...
Once SP:SPX reaches 4312-4300, a corrective rally is expected. That rally should target 4360-4375 to be sold before ONE FINAL LEG LOWER. That final leg lower should ultimately terminate at 4270-80 to then transition to the melt up to ALL TIME HIGHS.
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DXY chart) The key is whether it can meet resistance around 105.664-106.416 and fall. If not, the investment market is likely to enter a...
Hi Traders, Investors and Speculators of Charts📈📉 Is the mother of all shorts loading for the stock market? Seems likely! A lower-high topout confirms that selling pressure dominates as we observe the perfect Wyckoff Method failed breakout (which happens before the bearish cycle). This means the stock market as a whole will likely experience liquidations soon,...
SPx500 stabilizing above 4335 will support rising to touch 4355 then 4373 then 4394 stabilizing under 4335 will support falling to touch 4317 and then 4298 price pivot:4335 Resistance prices: 4355 & 4373 & 4394 Support prices: 4317 & 4298 & 4267 timeframe: 4H
We recently pointed out how the Chinese stock market started to stagnate despite the regulator's intervention. Additionally, we noted that this was likely to happen in the U.S. market as well. Fast forward to today, and that is indeed the case. Since the beginning of the current month, SPX failed to reach a new high. Therefore, we are paying close attention to...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DXY chart) It has not yet risen to the vicinity of the arrows shown on the 1M chart and 1W chart. However, there is a trend reversal movement in the 1D chart. Therefore, if it holds at...
Expect to see a zig-zag correction with a target of 4276.5 on the downside. 2 critical targets are on the way 4405.6 and 4366.1 Trend from March 2023 has been broken and tested!
Take a look at our analysis for SPX500USD. Time Frame: 45m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 4465.6. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 4478.5 level. P.S We determine...
SPx500 stabilizing above 4469 will support rising to touch 4491 then 4520 then 4541 stabilizing under 4449 will support falling to touch 4430 and then 4412 Resistance prices: 4491 & 4520 & 4541 Support prices: 4430 & 4412 & 4393 timeframe: 4H
This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas. | This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions | In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the...
The SP500 index continues to rise as long as it remains above the 20-week moving average, but this may be coming to an end. Weekly closes below $4436 will create a negative outlook. A correction could push the index down to the 100-week moving average of $4160. But as long as the index remains above $4436, the rise will continue.