Given that we are headed into the release of the November Consumer Price Index this upcoming (Tuesday, December 13th ) and also the December Federal Reserve Interest Rate Decision (Wednesday, December 14th) , are markets set up for another short opportunity into the end of January (Q1)? SPY Daily Chart Template www.tradingview.com Which camp are you in...
read the title one more time 🔺 --- hello, my name's elo - and i make pretty wild predictions in the markets. very few know who i am, and i prefer it to remain this way. --- >i'm predicting that es1! will hit ath within the next few months. >before drippin' back down to the covid lows. --- this isn't financial advice or anything, literally just art....
The S&P500 index (SPX) closed the worst week since October on a not so encouraging note as the failed to break and got rejected on the 1W MA50 (blue trend-line). A simple comparison with the major corrections of 2002/03, 1982/83 and 1962/63 shows that as long as the index remains below the 1W MA50, the Bear Cycle is in effect. A common characteristic among all 4...
SP500 on the daily chart after the recent high tested the descending trendline at the 0.618 Fibonacci level and started a retracement move to the 0.5. The price is now moving over a daily support and a possible break can happen. How can i approach this scenario? I will wait for the US market open and if the market will break and close below i will consider a...
With next week’s US CPI print and FOMC meeting offering the potential for further market volatility, it feels like these landmines are a fitting end to an incredibly eventful 2022. We look back at the big themes that have driven cross-asset volatility and the conditions through which we’ve all had to adapt our trading – these include persistently high inflation,...
This is the S&P500 on the top chart compared to the Volatility Index (VIX) at the bottom. As you see, VIX rebounded on the 19.20 Support level that was formed by the August 12 Low and that made the S&P500 get rejected on its Lower Highs trend-line that is holding since the start of 2022. If that upward trend on VIX continues, S&P500 should trend towards its...
Hey traders, in today's trading session we are monitoring US500 for a buying opportunity around 3900 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
ho-ho-ho! ------ it was evident that christmas was near, all of the reds and the greens, the bull and bear blood has been shed, and beautifully splattered all over the tree🎄 ------ two things to look out for if you're feeling jolly this year, 1. es has to hold 3874.50. 2. es has to get back above 4020 (with force). >if these two variables are met, and...
similar pattern yesterday & monday (ar to london) London stay above AR high before continuing the trend
Hello traders! ‼️ This is my analysis on US500 . Here we are still bullish from H4 timeframe, but if price breaks that low I will look for a short position, as price has to fill that huge imbalance lower. Like, comment and subscribe to be in touch with my content!
The S&P500 hit today the 3915 Support level that was formed on the November 17 Low. This also hit the bottom (Higher Lows trend-line) of the Channel Up that started on the October 13 market low. Technically this is the most optimal buy level on the medium-term, which should test first the 4H MA50 (green trend-line) and then the Lower Highs trend-line since the...
looks like spx started a new bearish wave and will make a new low around 3200-3000
The situation suggest a potential short on wave III Major From my point of view the stop is fixed above the actual max
I have a bearish outlook on SPX500, the rising wedge pattern has been broken with the help of the main trend touch.3940 is a key level for price to break and will confirm more downside to come. Don't trade blindly and use a smaller time frame to get a better entry. Target price 3500 Invalid if price pushes back above the rising wedge test or main trend
The S&P500 got rejected just above the 1D MA200 on the Lower Highs Resistance holding since Jan 2022. Contrary to that, Dow Jones not only has broken above its Lower Highs Resistance since Nov 10th but also made a Higher High above the August High, before getting rejected. With a Golden Cross emerging on the 1D chart, Dow has high chances of bouncing on the...
-price inside pivot point 4hr demand -Price above 200MA -looking fro buys -a lot of retail traders have this area on the chart so I would be a little concerned about that and could see price go below. + price has been going nowhere but up for 45 days so a pullback is healthy. -Need to see lower timeframe confirmation.
Asia found some form yesterday with further reopening measures announced and the H-Share cash index closing +5.3% - USDCNH traded aggressively down to 6.9300, and for the most part found buyers hard to come by but the reversal higher from the start of US cash trade has been impressive. A rush to broadly de-risk portfolios has hit the tape hard, with S&P500 futures...
The S&P500 index broke last week above its 1D MA200 (orange trend-line) for the first time since April 21 but so far has failed to touch the 1W MA50 (red trend-line), getting rejected once again on the Lower Highs Zone (red) since the All Time High (ATH) of January 04 2022. That is the (obvious) Resistance that everyone is paying attention too but nobody seems to...