Divergence on the 4H TF showing signs of a reversal of the trend to upside. Also, USDJPY shows no stopping on the drop that has formed over the last weeks. So the confluence is there. But we have yet to see a confirmation that market shifts towards bullish momentum.
Due to inflation and rate hikes we might see new lows in near future. As you can see breaking below 3900 is confirmation of trend will continue to go down. If S&P able to retest 3900 area we can enter short position. Our target will be 3500, 3400, 3200, 3000. And remember we are in huge Falling Wedge pattern.
SPX is in the final phase of the impulse. We have a great double top with a strong reversal and divergence. There are two scenarios here. First: Impulse completed. We are at the beginning of a deep correction. Second: The formation of the 4th wave is underway. Dropping below 3890 will cancel this scenario. In both cases, I consider a decrease of 3600-3800 to be...
SP:SPX Trading ideas: resistance levels: 3940 Support levels: 3850; 3736; 3575; 3400
The S&P500 index (SPX) has has two major rejections since December 13, as despite breaking (only intra-day) above the Lower Highs trend-line since January 04, it got rejected marginally above the 1W MA50 (red trend-line) and the next day on the 1D MA200 (orange trend-line). That is a double failure to break-out and considering that the 1W MA50 had the precious...
US500 - Intraday - We look to Sell at 3918 (stop at 3988) Trades at the lowest level in 25 days. The 161.8% Fibonacci extension is located at 3861 from 4140 to 3968. The medium term bias remains bearish. Bespoke support is located at 3504. Our profit targets will be 3745 and 3505 Resistance: 3918 / 3958 / 4140 Support: 3861 / 3746 / 3503 Disclaimer –...
good evening, what a week right? got an alternative setup right here --- take a look at this pitchfork pull from ath 👇 it does seem like we're attempting to back-test it from above, after a successful break-out. some bullish divergence is present. --- take a look at the us dollar, which is playing out a 4th wave right now, of the 5 wave sequence to...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last analysis, I mentioned that BTC would be overall bullish from a short-term perspective as long as we are trading inside the red rising channel. Now since the lower trendline and minor support in gray are broken, let's make a quick update. For the bears to remain...
We want to hint at the opening gap in the Volatility S&P 500 Index (VIX), potentially foreshadowing big moves in the market. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any...
US500 -2.8%, NAS100 -3.3% GER40 -3.3%, EUStoxx -3.5% VIX +2.3 vols at 23.45% DXY +0.8% AUDUSD -2.4% (the weakest link in G10 FX), GBPUSD -1.9% XAUUSD -1.6%, XAGUSD -3.5% The markets saw yesterday’s Fed meeting as hawkish, but there was enough in Powell’s press conference to keep us believing they will move to an even slower pace of hikes and risk was subsequently...
good afternoon, recently posted my macro outlook - --- just building on that idea here: 👇 potentially, the chop we've been experiencing over the last few weeks was some kind of expanded flat of an (x) wave. if true, this drop is close to being concluded. estimated downside target on this move sits at 3800. --- if all goes as planned, the...
See Chart For Analysis. I like the area for buys on lower timeframe but i first need to see confirmation.
good evening, --- nice rejection, but not nice enough imo closed my short on the initial dip, as it just didn't feel right. --- likely to consolidate over the next week or two before heading on up to the og target. alt path has us raiding near the lows for a liquidity grab . opex this friday has 3.7 trillion $$ in options expiring, with a max pain...
good morning 👽 --- everyone is excited today, this is the big day which everyone's been waiting for! the rate announcement owo. right? --- the stage is perfectly set imo, beautifully orchestrated by the puppet master who runs this show. to put into the minds of the exploitable that we're simply going to go up the same way that we did yesterday. --- but...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. US500 is overall bearish from a long-term perspective trading inside the falling broadening wedge pattern in brown, and it is currently retesting the upper brown trendline. As per my last idea, we were expecting a rejection around the upper brown trendline For the bears to...
good evening owo. --- few words before i share my thoughts. the market is a very complex instrument - there's never a sure path as it is completely controlled by human emotion, and complicated algorithms. we as traders must adapt to the ever-changing market conditions, or else we risk getting left behind (simple as that). there's a dozen different paths the...
First trade was tp by a fundamental. At 8:30 we had 3 high impact important news for the US all aligned for a certain direction, price breaks high of the london and tokyo sesion and give us a Big candle cause of the fundamental news of today for the us +90 PIPS🙌✅ At the top we see a big wick and price action on 15 and 7 minutes show us a beautiful entry with the...