s&p500 spy us500 spi500 potential top targets
this is how u tell if u got ur fib ext correct is when the market responds to it at every fib lvl. like here. so 4300 is key if we break this then 4600-4900 possible
us500: how to use this tip? mid may would be a nice time to sell shares for profit. cant get greedy. profit is profit.
THIS IS NOT A SHORT SIGNAL! just...
G'day guys
Today we mixed our analysis other that FX.
From my perspective, US500 was bullish for sometimes.
But based on market health and momentum, this pair getting weaker and weaker. Normally, when this market move like this there possibility of market continue bullish before suddenly correction happen.
Am expecting price, the downside correction might...
S&P 500 being pushed by support and squashed into resistance and breaking it multiple times. It is just a matter of time before we see that W formation arrive and once it completes and we break 2125 and turn it into support a new record ATH is right in front of us... Markets look good, DXY is choppy, Euro is strong and gold is down. ATH is imminent in my opinion....
if it is not obvious by now that SPX reached its peak and it is in its right now to go down for some retracement. Taking into account all whats happening at the moment, from covid, stimulus inflation, etc, it's unrealistic whats SPX has reached the last couple of months with its parabolic move. This is unhealthy and not sustainable in the long run. So a proper...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for US500, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
The price has been moving in a growing channel since December 2018.
After a long breakout, the price returned to the channel in November 2020.
In January 2021, a new uptrend began.
Moving in it, the price broke through the main trend at point 4016.1.
Then it continued to grow and came to the resistance 4117.1.
I expect that the price will fall to the border of...
Pattern: Bullish Megaphone.
Signal: Sell as the MACD made a Bearish Cross after the (orange) uptrend Channel broke sideways, in a move similar to February 10 and March 12.
Target: 3970 (below the 4H MA100 (green trend-line) as per the previous similar fractals). If the 4H MACD breaks -15.00 then you may extend the selling as low as the MACD Support Zone or just...
The price has been moving in a constant uptrend since August 2019. The only serious breakdown occurred in September, but in November the price broke through the resistance at 3528.1 and returned to the trend.
Moving in a trend, the price eventually dropped to the support line 3714.0. This is the strong line of August 2019. The price received a strong growth...
Stock market gains could continue with with the $SPX index scaling the 4,000 level for the first time last Thursday. IMF’s spring meeting and minutes from the last FOMC meeting and the ECB’s latest meetings will be in the spotlight this coming week.
Investors will also be watching if Congress will pass President Joe Biden’s massive 2 Trillion infrastructure plan...
Wait for this daily small correction to previous resistance to buy. As we can see on the graph, there is a shoulder head shoulder pattern in an ascending trendline, which is a very bullish sign.
most of stock market start a new rising wave so stand and poor 500 will rise too as we hope , on the other hand technical indicators give us green signals on most frames 4h daily weekly .
so there not mush to share the week before the markets had apullback around 4% its time to rise again as i feel
take this on your own responsibility
The price has been increasing in the channel since December 2018.
At the same time, in February 2020, she broke through the support and left the channel.
And in November it broke through the support 3525.6 again and returned to the channel.
Then she continued to move within it.
Now the price is in the resistance zone 3985.0.
The channel line and the minor...
Based On the looks of SPX at the moment, and some measurements of previous price action, I could conclude that a probable rising wedge is in the make. Risings / ascending wedges a reversal patterns which happen when price makes higher highs and higher lows with a slope up and have a bearish bias.
PS. . the pattern is still half way, so at the moment we still...
