Pattern: Channel Up on 1D. Signal: Bullish as long as the S1 and S2 hold. Target: 2940. *note: How the support levels (S1, S2) match the Fibonacci retracement levels (0.618, 0.500).
SHORT #SP500 at 2898 to target first 2868 and the 38.2 fibo at 23837 who are a big support too, i think it up so much just for mexico and nothing else and #tradewars still blur and on the table
Pair: US500 Index (SPX) Prediction: Buy / Long Target 1: 2844,00 Target 2: 2862,00
Pattern: Channel Down on 1D. Signal: Bullish as the Lower High broke to the upside. Target: 2840 initially, medium term extensions include 2870 and 2890 (all 1D Resistances). *note: buy backs above 2766 for the medium term.
The Volatility Index is currently pulling back on 1D turning neutral again (RSI = 51.020, Highs/Lows = 0.0000) with MACD still bullish (0.780) but decelerating as it approaching the 1D MA50. Based on a similar pattern in 2018, the index should break below and consolidate for the next 2 months restoring stability back on the markets. ** If you like our free...
Pattern: Head and Shoulders on 1D. Signal: Bearish (break out of 2800 and 2785). Target: 2755.
TRADE IDEA: E-Mini SP500 Price is on a major descending Trend since 1st of May when the Trade war started escalating between China and the US. we expect this situation to keep bringing uncertainty and making the price to fall. That’s the context of the trade Technically we see the yellow bearish trendline as the main one of the descending movement. If the...
4H CHART EXPLANATION: Main Items we Observe on the Chart: -Price broke out the bearish channel, starting a bullish movement. -Currently, the price is inside a corrective structure and is trying to break out with low volume. -The las support of the price is the middle trendline of the weekly ascending channel. Based on this if the price breaks out below 2834.0...
Pattern: Channel Down on 4H. Signal: Bearish as long as the previous Lower High doesn't break. Target: 2820.
near a bubble look likte rsi divergence all time highs but still world slowdown and many other problem trade talk not finish brexit not finish election europe trade war so manything market is on euphoria I NOT MAKE STOP LOST ON THIS TRADE AS MYSELF I TARGET LESS THAN 2800 !!
26950 area is very important as this is an all time high price that I can almost guarantee you WILL NOT be broken any time soon. It doesn't take a genius to work out why this level will not be broken... look at the muppet you have running the country he's like a spoilt little child running around a toy store running up debt and annoying people, The US is the most...
With SPX approaching its All Time Highs (ATH), having risen non-stop on the 1M chart since the December low, we try to answer this question: How SPX behaves near its All Time Highs? In this attempt, we thought it would be useful to back-test two long term periods, which share remarkable similarities: the 1966 - 1990 period with the 1998 - 2019...
Recent action suggests the bulls are still in control. I like buying dips here, ideally between the 2800 and 2790 levels