SP500 on the 4h chart started the week with an uptrend move. The market after a distribution phase tested the previous support now turned resistance and took the liquidity with a false breakout of the area. The price after the rejection move to the top level of the distribution box and a possible bearish continuation can be seen. How can u approach this...
US500 buy Entry : 3883.4 Stop : 3855.3 , Target1 : 3912.5 , Target2 : 3939.6 Risk/Reward Ratio : 2
Looking for US500 to drop lower to 3760. Sellside liq resting below equal lows, market will target this.
The S&P500 index (SPX) has been trading within a Channel Up as we showed on our last analysis, struggling to break above its 1D MA50: On the current analysis, we switch back to the longer-term dynamics and compare the 2022/23 correction (so far) to the previous Bear Cycles of 2008/09 and 2001/02, using the parameters of Inflation (red trend-line) and WTI Oil...
Watching the area around 3955, lots of confluence for rejection. Ill be throwing some chips in there if we get some good confirmations on the micro. Solid close above 4100 however could set us up to see a grab up to the mid 4000's. To me it appears we are getting near to some "not-so-ideal" news (but could get a bit more hopium in us first this week), see what...
We have our first Weekly Forex Forecast of the year 2023, We looking at Nasdaq, SP500, GBPUSD, AUDCAD, USDJPY. I hope you enjoy it and that it helps you with your trading career.
STRONGLY ADVICE DONT PICK SELL ABOVE EMA200 DAILY 32700 dow frist want touch fibo61%=34200 but in next 6 month it can go to fibo 161% near 38000 so 90% looking for buy but very low size good luck
Resistance was broken last week, so the daily candle closed above resistance, so we could see price go back to what will be new support today, and see price continue in an uptrend. Also, on the daily chart we see bullish momentum, and what looks like a retracement towards further bullish momentum. So we can expect to take a buy order once the price touches that...
As can be seen on the chart, every time the price touches that resistance it is followed by a drop towards the support. If this happens, we could take a buy order once that support is touched, or we could take a sell order from where it's right now, to support, and then open a buy order, IMO DYOR Not a signal.
HEY TRADERS, This is my analysis for the US500. I am looking for the Dailiy Analysis using the Problem, Reaction and Solution Ideas.
🇺🇸 US500 Time For An Upward Wave. 🇺🇸 Nearest strong support zone: around the 0.236 fibo level of the entire downward wave. 🇺🇸 Nearest strong resistance zone: around the 0.382 level of the entire downward wave. 🇺🇸 Technical environment: - Moving averages: Downtrend - MACD: Uptrend - RSI: Uptrend - Supertrend: Downtrend 🇺🇸 Price action: the US500 in recent...
Dow Jones broke today the 33,460 - 33,500 Resistance Zone that was intact since December 22nd. At the moment it is attempting a test of the 4H MA200, the first since December 15th. Trading within a Channel Up and with 4H technicals bullish (RSI = 62.540, MACD = 15.660, ADX = 24.447) while the 1D MACD is about to make a Bullish Cross, we expect a strong bullish...
The S&P500 index has been trading within a Channel Down pattern on the 1D time-frame ever since the December 1st rejection on the Lower Highs Resistance (Jan 4th) and the Dec 13th rejection on the 1W MA50. With the 1D technicals neutral (RSI = 50.198, MACD = -15.660, ADX = 19.596), this is technically the level to sell as the price is at the top of the Channel...
market structure gives short signal. It would be wise to wait and see how the price deals with the multi pivot line. market structure gives short signal. It would be wise to wait and see how the price deals with the multi pivot line.
SP500 on the 4h chart is trading between 2 structures and today's release of the NFP data can show us some break of those levels. The main outlook remains bearish at the moment and it can be risky to trade this kind of event on the last trading day of the week. How can i approach this scenario? I will wait for a break of the support area and if that will happen...
It is actually a pair I decided to use, no reason behind it, just testing stuff. The behavior of VVIX*VIX is very similar to what happened in 2008. Is a crash coming or are they messing with our heads? Maybe they orchestrated it so similar to confuse us into thinking we are falling.
I have posted many times regarding volatility, especially the VVIX&VIX relationship. There are times when mechanisms need to activate to stabilize the economy, the psychology, the society. Recessions, wars, pandemics are periods that may justify such actions. It is wise for an investor to understand pressures and their direction. The motto "Don't fight the FED"...