Pair : SPX500 Index Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame
SPY has broken out of its downtrend and has broken through the swing high, will be looking for longs if the market taps the bullish zone.
The index has hit its dynamic resistance once again. As you can see, this resistance has been able to stop the growth of the index several times and cause the correction of the index. Now you have to wait for the trigger line to break
Similar to my analysis on PEPPERSTONE:NAS100 , I also anticipate a decline in the case of $CBOE:SPX. The index attempted twice to remain above 5000 but failed, and it appears to be forming a double top in that area. From a technical standpoint, the trend remains strongly bullish. However, a drop below 4930-4950 would interrupt this aggressive uptrend and...
On Friday, the S&P 500 in the last part of the session began to fall with some force. And today, we have seen that it has fallen and opened below the support zone at 4.998 The question we have to ask ourselves is: What does this mean? Does it mean it will continue to fall? Has a roof formed? Last Friday, the options contracts expired. This meant the...
Chart is self-explanatory: Confluences: Deep Crab PRX Top of the Parallel Channel 1.618 of the move from 4612 to 4100 Bear Div on RSI if We get a move down in coming weeks
SPX will be the first update from TheTradersRoom. SPX has hit its desired target we have called yesterday - 4904.50-4909.50 So I call it a perfect hit. Today's reversal came on a heavy selling, also got a black reversal daily closing SPX candle, which if not broken 1c above should mark at least a temporary top. If the price did find its top, then tomorrow's open...
Dear Esteemed Members, The supertrend was bullish, but two sell signals concluded with a bearish price action. The rejections happened around the resistance level from a previous top. The price is now below the upper green support level. I think the S&P 500 market will reach the next support level: around $4600. So, I'd consider a short position. You can...
As for S&P500 the index retested 4586.00 zone which presented some buying, as far as the long term trend for S&P 500 is bullish I will remain so and look to find buying opportunites only if the index trade above level 4588.00, but if the index break the level 4588.00 I will remain bullish but for me to take the trade I will want the index to trade above 4588.0 ...
Pair : SPX500 Index Description : Exp FIAT as an Corrective Pattern in Short Time Frame and Rejection from the Lower Trend Line after it has Completed " abcde " Corrective Waves. Impulsive Wave " 1234 " Completed at Fibonacci Level - 50.00% Entry Precaution : Wait until it Breaks or Rejects UTL
Trade Details Buy Limit Entry: 4259.50 Take Profit 1: 4316.66 (4R) Take Profit 2: 4398.62 (8R) Take Profit 3: 4467.77 (13R) Stop Loss: 4242.72 (-1R) Key Notes Order flow: Bullish Trend: Bullish Structure: Broken Entry at Golden Zone Disclaimer: This is just a sample template and should not be used as financial advice. Always do your own...
Pair : SPX500 Index Description : Bearish Channel Pattern as an Correction in Long Time Frame and Rejection from Lower Trend Line and Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line. Completed " ABC " Correction. Entry Precautions : Wait until it Complete its Retest and Rejects
In my previous update I discussed that SP:SPX has lost a key support level in the orange support zone. SP:SPX was sitting under resistance as investors waited for Friday jobs data. The strong jobs data led to a spike back up and SP:SPX has successfully regained support at this orange zone again. My current price target for SP:SPX is the yellow resistance...
#SPX had some nice upside today, but the daily candle closed at resistance though. Tomorrow will be important for seeing whether SPX breaks above resistance or gets rejected back down.
SPX 500 Lower highs now for the last two months and higher lows still bearish here till break the highs at the $4333 area, the target is the next low on the left at $4100
█ OVERVIEW 1M chart used here - the SP:SPX 1M close has broken down below the monthly trend line that has been used as support since September 2022. Note the similar break down in December 2021. █ TAKEAWAYS Expecting support ranges from mid-late 2022 and early 2023 tested: 4100, 4000, 3700 Interest rate hikes would ensure these to be tested sooner...
Hello Everyone. I want share my idea about S&P 500 which will be signal for next week. After Some pretty bearish momentum we got rejection from daily support. i think S&P will continue fall and i will try to catch that moment, for that i identify liquidity swings which gave me perfect entry area after used my Fibonacci levels, Fibonacci 78.60LVL and daily...
The S&P 500 had a correction in August and September that led to a correction back down into the EMA ribbon. I believe that SPY is trending for a strong Q4 and will make progress towards a new all-time high above $477 over the next few months (marked by the green circle). For now I would like to see a bullish bounce off the EMA ribbon.