This is what I see on the chart, make it an additional idea to yours ideas
The S&P500 Index (SPX) had a perfect rejection on the 1D MA200 (orange trend-line), exactly after our analysis last week: As you see, the rejection was not just on the 1D MA200 but also on the January 04 Lower Highs trend-line, essentially the Lower Highs trend-line starting from the All Time High (ATH). As we mentioned on that previous analysis, the...
Nothing much to add since my most recent updates. The price is in the target zone I had for a while now. Was expecting a good size pullback, never happened. Im still in some trapped ES short, as well as RTY from Fri close and some SPY puts. We got right into the Yellow dotted line I had for months now, its the main resistance line and right in our 4308SPX target...
✅SNP500 will soon retest a key resistance level So I think that the pair will make a pullback And go down to retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello, Friends! SPXUSD is trading In way That I predicted previously And now the pair is retesting A hidden bank’s level So I think a bearish move will follow! SELL! ✅LIKE AND COMMENT MY IDEAS✅
Hello,Traders! S&P500 is trading in a downtrend And we are seeing the index Going up to retest a key horizontal level Which makes me expect a pullback And a move down from the level Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Possible short , after a bos and pullback to th 1hr ob, & we also have support turned into Resistance on the level. Sl above ob and targeting the lows or 1hr ob
Two periods can be observed on the RSI for SPX on this 3Monthly chart A downward trend which correlates with a sideways move on the relative timeframe And a small uptrend that correlates with sharper growth on the SPX, these begin within the green circle These green circles show very comparative structures, however one is during an up period, while the current one...
My weekend update is a day early, I will update those who are on my list with a bit more details on shorter time frame view tomorrow. We are in a bear market and those 5500 callers got destroyed all the way down calling every bottom from Jan. This is my long term view and I think we have bottomed here today or super close to it! I got targets for the potential...
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...
Looking for the Bullish continuation off the 61.8 FIB Retracement Target should be a return to the ONH minimum 4189+
The S&P500 index (SPX) has been trading within a Channel Down ever since the January 04 2022 All Time High (ATH). Recently (May 20) it hit the Lower Low (bottom) trend-line of the Channel for the third time (Jan 24 and Feb 24 the others) and rebounded reaching the first Fibonacci extension (0.236 Fib). Perhaps even more important than the dynamics that a rebound...
Right now we are experiencing the early stages of a big breakdown on the SPX I say this based on the formation provided, which has even been produced on a smaller scale for observation on the SPX chart A break down like this will be disastrous, but not the end of the world The formation provides bottom points along the dot come bubble, 08 crisis and what is yet to...
SPX/USD Daily cautiously bearish. *Amidst slowing economic growth and rising inflation Janet Yellen , Ben Bernanke and various economic pundits are vocalizing their concerns for prolonged stagflation in the short to medium term -- this and weak economic data from China (primarily due to lockdowns) is fueling broader fears of the Federal Reserve potentially...
SPX/USD Weekly cautiously bearish. * CPI continues to go up since April 2020 (and for some commodities like bread, milk and oranges since mid-2019), Finland and Sweden officially apply to join NATO , the Fed remains committed to increased funds rate to ring in inflation, mid-term elections in the USA are underway and Republicans currently have a slight lean ,...
It looks like the correction wave will continue can you guys see an alternative count?
When all the doomers & gloomers wake up from their wet dreams and reality sets in, the bull market will just be ensuing, as per usual projections... I doubt it much, but if we see another big decline 3400/600 area is imo the UTMOST lowest level this market might reach... monthly closes below 3400 and the bullish scenario gets invalidated!