symmetrical and inversily symmetrical moves expected ... we are entering a phase when the easier money is beyond us on a buy & hold strategy, imo holders may want to book gains above 5k, wait for a correction and if conditions favourable, market stabilizing and not panicing - the scenario confirming then get long ago towards 5900, at 5900 more volatility...
#SPXUSD Sell Trade setup now price on supply zone best trade for short term selling. Multiple time frame analysis. Thank you..
worthed to try a small long into year end... if it gets to 4930/40 I wd take profits intraday... no need to fomo and keep holding if we get a nice run next couple days... trend is up but nothing seemingly making it accelareted for now!
The S&P 500 has rallied significantly during the course of trading on Thursday to wipe out the losses from the Wednesday session. We managed to close above the 50 day EMA, as it looks like markets are ready to continue to go to the upside for a longer-term move. All things being equal, this is a market that I think continues to see plenty of interest, as we have...
S&P500 has been trading inside a straightforward Channel Up since the start of the year. It recently (November 05) hit the top (Higher Highs trend-line) of the Channel and pulled back, however today is posting a respectable rebound. According to a similar fractal in late April, it is possible to extend this rise just below the top of the Channel Up for some more...
S&P has made new All Time Highs (ATH) since my analysis at the start of the month, where the diverging 1D RSI gave a strong buy signal at the bottom of the multi-month Channel Up: As you see the signal worked out well and the index has now the 1.5 Fibonacci extension as its next target (followed by the 2.0 Fib ext ultimately just above 4800). As the Fed Rate...
I have been watching this formation develop for what feels like a year now and it is slowly grinding its way through and it seems we are finally on the verge of having the performance begin Generally speaking, since the dotcom crash NDX has gone up faster than SPY and so that has made it the bet for people to "just by the index" to make their gains. But now with...
Hello traders , today's topic is about SP500. As you can see technically we are in a very strong trending market to the upside. previously price tested multiple times the zone. we can also see a 0.618 level. 50 daily ema. From the fundamental aspect according to trading view news related : to continue bullish: * August CPI comes in cooler than...
Pattern: Channel Up on 4H. Signal: Sell as the price broke below the 4H MA50 (blue trend-line) for the first time since August 20. Also the price action and the MACD is similar to the July 15 consolidation which also led to a pull-back below the 4H MA50. Target: The 1D MA50 (yellow trend-line), which has been the target of all corrections within the 12 month...
When price under the white line - we can shortlt SELL TOP at price on chart as you can see
Pattern: Channel Up on 4H. Signal: Buy on the next pull-back to the 4H MA50 (blue trend-line). This buy signal has been consistent since June 01, appearing 3 times. Target: The 0.786 Fibonacci retracement level. Most recent S&P signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Hi its been a while, i've been very busy with The OWL and cryptos. I want to show you this chart cos i think we are approching a market top soon, the consequence of a hit of this 3.618 fib would end in my opinion a Supercycle.. which can bring a depression and a Deflation plase. Also this bearish divergence we created since May 1998 is no doubt.
A chart showing the degree increments between major structures, showing the advancement of the bullrun and its ascent to the top The ° value is the yellow line, which in turn provides the Fibonacci circle, which I have just chosen to show 4.618 An observation post
The index has been trading within a Channel Up since the November 2020 elections. The barometer has always been the 1D MA50 (blue trend-line) mostly, where the majority of buy accumulation has been taking place. The Ichimoku Cloud is second. What we see now is the price trading very close to the Higher Highs trend-line and although it can break the 4,400 - 4,420...
OANDA:SPX500USD SPX500USD 2021 July 12 Week Bar 1 confirmed as SOW and move was manifested on 06 Jul. Theme last week was similar to Nasdaq - trapping longs and shake out Weekly chart: Net gain from previous bar has diminished, volume has picked up slightly.. Daily chart: No significant weakness observed H4 chart: Shortening of trust, weakness...
This is something I've also pointed out a month ago but after last week's rebound on the 1D MA50 (blue trend-line) it got even clearer. S&P seems to be replicating the March/ April fractal where after a break-out above the Resistance Zone (on a 1D MA50 rebound), the price rallied to a level within the 2.5 - 3.0 Fibonacci extension zone. Do you agree that 4450 is a...
Pattern: Channel Up on 4H. Signal: Buy on the next 1D MA50 contact as the sequence is similar to the May 13-16 fractal. Target: 4330 (the Higher Highs trend-line and symmetrical level since late April). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
OANDA:SPX500USD SPX500USD 2021 June 21 (Intraday) The past reveals the future. Last week, we opined on possibility of history repeating as price reaches a previous high. Congrats to those who had not been sucked in as market was marked up and waited for a short. Price has paused at 50% 4151 of the previous up move. Scenarios: 1) If price is supported at...