Short Term: Bear Long Term: Bull Unknowns: Fundamentals (Stimulus talks/reaction to gold creating instability in the dollar, Crude Oil Inventory Wednesday, Unemployment claims Thursday) For the past week and a half we've had a good bull run on the SPX. I myself made plenty of good trades and was able to hold the position and ride the wave. But I'm afraid it might...
Making a quick call and possibly jumped in a little late but we exited the channel that I presented from my last idea and re-entered. Upon re-entry we have positive news of the CPI and a bull Flag. Also yesterday's low is acting as a great support thus far. As long as that support isn't broken then I'll stay going long to see if we can break the high today.
The TIme is running and SPX is heading to a possible TOP to finally start the Correction. Waiting for a strong reversal SIgnal to get in that short. No financial advice, only my idea
This chart shows the SPX/M2 and essentially paints a picture of the SPX when accounting for inflation. All the "gains" made in the time following the 2008 crash, after factoring inflation in, simply put price or "value" back to where it peaked. How interesting that the 2020 crash should occur at such a pivotal TA level, forming a near perfect sweep of highs...
From now on I'm going to be leaving my bias out of these posts as I wouldn't want to corrupt anyone else's bias. With that being said, I'm going to let this chart that I made for your review speak for itself. I will say one thing tho. If I had seen this setup before close on 7/10 I would've swung calls into today. Possible scenarios: (Trade with caution) ...
Stock will move up-to 3090.65 from current level. SPX is trading in the parallel channel. A value area is creating between the price 3159.88 to 3083.00. A Small resistance have been created at 3159.88
Hello traders, here is the analysis from our team: Price NEED to stay above 3080 with pullback at or above price to seek possible new high. Good luck.!!! Let us know in the comment section below if you have any questions.😉
Hello traders, here is the analysis from our team : In future buy market@ BUY - 3037 TP - 3050 SL - 3023 Let us know in the comment section below if you have any questions.😉
Updated my #SPX roadmap. There is small unresolved gap at Supply around 3300 that most likely be filled. I would like to see how this area be treated after liquidity is taken. We just made Higher Low on HTF and keep moving higher. Double top is inevitable. $ES $MES
Bearish progression due to market environment and news. Expected fall till 2400-2150. Comments, likes appreciated. -heish
SPX S&P500 - Fractals from financial Same Story : - Breaking Daily EMA 200 - BullTrap for retest - Second Wave down to touch Monthly EMA 200 Stocks Market seems not legit - Looking for - Waiting for EMA 200 Monthly - Panic Mode under EMA 200 Monthly If SPX don't touch my area, I just look the future : CryptoMarket Play Safe Not a Financial Advice
Momentum of SPX The down momentum is less then the up move always in SPX. From the current price of SPX the price will move little down till it's support, as there we can see a small resistance but strong. After reaching its support the price can be bearish and move up. In the chart price is moving slowly in up direction with little penetration towards down....
I think we will see the pattern I mentioned in the #SPX's weekly chart in many indices in the coming years.. I think that the price movements on the global scale that may be experienced in the indices are gradually becoming clearer.. The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I have stated...
We see head and shoulders pattern in daily chart of #SPX, also ma10 and ma20 turned their directions to negative.. We can easily say that there are some bearish signs for #SPX.. It is likely that the price will go down.. We will wait and see.. Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk.. I wish you...
We see head and shoulders pattern in daily chart of #SPX, also ma10 and ma20 turned their directions to negative.. We can easily say that there are some bearish signs for #SPX.. It is likely that the price will go down.. We will wait and see.. Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk.. I wish you...
S&P or SPX We see them resuming to the upside, any changes we will update it as it goes , give this chart a like if you enjoying our forecast