🤔 Might be about that time! Spx500 ascending wedge coming to a Squeezing point. Line up the Crossover strategy and the ema dots, take entry and play the breakout. Easy calls. Good luck! 🎲🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
We did have a surprising move from the spx500 as it broke above old Resistance of $2940 and currently sit at $2951. We want to see the old Resistance become new support for a trend continuation upward for the bulls. The daily, 3 day and weekly are all green. Which can help validate how strong this trend reversal is. I'd look to find a long term position on a...
It looks like a make or break for later, unless the Fed finds a way to fight the barrage of news that China and Hong Kong has been throwing out. 🙃 It's either the end of the corrective wave (ABC) or an ongoing impulse wave (proceeding to wave 4 or it's trying to pull off an extended wave 3)
Let’s take a step back. What do we see on the bigger picture? Early and late 2019, we saw two big bull runs after a downwards correction lasting a month.. Both bull runs lasted roughly 5 months. What did we see in those five months? Very quickly declining buy volumes. What did we see after there where too little buyers left? A correction downwards lasting...
We are watching this compression point currently under this horizontal Resistance level. Paying attention to the upward support that we are approaching after breaking our first price average as the candle crosses over the black line. We hold that as bearish movement. Would like to see it crack and have a nice Retracement. 50% short. Playing roughly 3%...
We are approaching an exciting moment. A big battle in the far right corner, with SPX retesting the support line it broke out from last week, and meanwhile finding support on exactly the same level on the trendline going from the low late march to the recent low’s early may. A downwards trendline. An upwards trendline. Colliding. And that exactly on the 2900...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Here for the mega long run? Highlights & Forecast: a) 20y bull market is followed by 10y consolidation b) Last consolidation period ended in 2013 c) This bull market will last until 2033 and reach 15k
I am looking to use this as a way to fade the recent rally. Will update manually when I close trade, I may be in a bit early, we shall see.
Dear Gamblers, Seems that this index is going to take a deep breath and show us some strength. Personally i will trade this with stop loss really far away (due to volatility) so here is the strategy i am going to follow: STRATEGY: Open long IF today closing price is higher than 2500. Target around 2900. Stop 2150. At 2900 i will start to add on shorts as i...
Currently watching for a pullback for wave (c) of (B). Watching closely when it gets to 2440 level. If it holds, I think that will be a completed wave (B). IF it fails, I can see wave (B) completing down at the 2300 level, indicating this would be a Flat ABC correction (wave B retraces to near the beginning of wave A). Either way, I see a pullback down and will...
Using this helpful indicator we are able to plot past recession on the S&P index. Including the Tech bubble (dot com bubble) in 2000 and the financial crisis in 2008. Now we are in 2020 and we are struck with a worldwide virus, meanwhile disruptive technology is present (blockchain), with the goal to push for a cashless society. Will the virus be the spark that...