the AD is showing a bullish cypher set up on the weekly chart of spxs, however we're not at the apex of the triangle yet (bottom chart) we're close... this week we have Fed chairman speaking and few other key speakers... could be the right opportunity im waiting for . I also dont mine DCA into a position since this has been beaten down pretty badly already...
SPX500 was trading in an uptrend
Along the rising support
But now we are seeing a bearish breakout
Of the support confluence
Which is now a resistance cluster
From where a further move down
It to be expected After retesting an area 3908.77
This idea i posted in my channel on Friday, i Entered at 4098 and hit my TP2 at 4167. I believe we could find another entry around this region.
Here is my analysis for S&P 500
SP:SPX
I have marked out step by step how i have come to find a long position on S&P500 .
Price has broken the previous LH and created a new HH which has BOS.
There is a key level of...
The recent price action on SPX has made me believe that we are going to be seeing further downward movement along with somewhat of choppy market for the next couple weeks, the correction waves of super Cycle are still not over. We are currently in wave 4 of sub cycle. I am expecting this wave to finish soon. My invalidation is incase wave 4 crosses wave 1. I will...
Price is showing signs of shifting down. Took this short looking to gain 3R risking 10 points targeting 30. I expect price to take out yesterday’s low atleast but we shall see.
I am not a financial advisor so trade at your own risk and always follow your risk management plan!
Good morning traders !
After the fall the market did last night, it stayed consolidating for a while, now we broke the channel it have made while consolidating and that means it's a good opportunity to sell.
Sell SPX500USD and NASDAQ.
S&P500 Short Setup
🔵 Entry Level: $4577.3
🟢 Take Profit: $4532.0 (1.31R)
⛔ Stop Loss: $4612.0
Reasoning:
1) We formed a double top and while the Risk-Reward-Ratio is not very favorable (just 1.3) the setup does provide for quick scalping.
2) With that being said, considering the spread on the platform you are trading (or commission) and the weekend fees (if the...
SPX500USD is at the top of the bear flag pattern in the small time frame (which is the AAD pattern of the previous rising wedge).
Thus there is a possibility for a short day (maybe swing) trade.
Disclaimer: this is for educational purposes only. Any risk related to trading this index is solely on you. Thanks.
Good morning traders ! As you can see we have a high volume SPRING BOX which is a good signal to sell S&P 500 . Sell it now !
I don't use SL and TP, place them on your own.
Good morning traders, as you can see on the chart, we have a buyers squeez which means the market will go short, sell S&P 500 now and get as mus as you can from the market.
As usual TP and SL place them on your own.
At the morning I posted that the market will make a little correction then it will continue going up, it managed to go short, my clients and I have reversed at the place I put the arrow, thanks to god we have recovered the loss moreover we have made a profit and our position still on, you can sell and make a bprofit in the US session.
Good morning traders, as you can see on the chart there's a good signal which proves that the S&P 500 will go short. Sell it now and take as much as you can from the market.
TP and SL put them on your own.
Good morning traders, I wish you'll doing good.
Following the chart, after the bullish trend the Asian session had it's time now to sellers to control the market, sell S&P 500 now and take as much as you can from the market.
TP and SL place them on your own.
Good morning trader, today the S&P 500 will go short, sell it now and take as much as you can from the market.
As usual SL and TP pit them on your own.
Good morning traders, today we wook up on a good signal which proves us that the market will go down, sell it now and take as much as you can from the market.
As usual TP and SL place them on your own because I don't use them.
