HELLO TRADERS Hope everyone is doing great 🛑 A look at NASDAQ ahead of the day 📌 NASDAQ 4H TF * Looking at US100 from the 4H we see a break above BSL * FULL BODY closure above possibly signaling continuation. * If we see momentum back into the range i would be looking for shorts. * But for now NASDAQ is signalling some strong BULLISH momentum. *...
ES/SP500/US100 Hello Traders, Welcome back to another market breakdown. Today, I've got an exciting video for you as I dive into the current state of the S&P 500 and explore various strategies based on different market scenarios. Whether you're an experienced investor or just getting started, this video will help you better understand how to navigate the dynamic...
The S&P500 index is preparing for its last wave up to fresh new highs. Crypto will also outperform all assets. After the blow-off top phase the "real" recession will begin.
Take a look at our analysis for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 4939.4. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5100.0 level. P.S The term oversold refers to a condition...
Long time no ideas, I think we're going to have a strong move down. The main thing is that there should be no over-sweep of the high and then a move down. If there will be an overshift, I will still try to look for a short entry again as it is possible to catch a good risk-reward trade.
When we looked at the Volatility Index (VIX) on our November 07 2023 analysis (see chart below) we compared it with the S&P500 index (SPX) : The S&P500 has reached the top of its Channel Up, while the VIX bottomed and is consolidating on a price action that is very similar to the July 27 2023 Low, which was the former Higher High of the S&P500 Channel...
Hello traders! This is my idea related to the US500 M15. The sellers' sentiment is still strong, and I expect a new ATH until the price of 5000 after that, I will look for a shot trade entry. It represents a good opportunity to look for a long trade entry. Traders, if you liked my idea or if you have a different vision related to this trade, write in the...
The S&P500 index (SPX) has reached the top of the long-term Channel Up pattern that started on the October 13 2022 market bottom. This development is a strong sell signal on its own but it gets even stronger as the 1D RSI has been within a Channel Down since December 19, while the price was rising within a Channel Up, which is a technical Bearish Divergence. The...
We move past an important week for markets, one where a one-two punch from Jay Powell’s FOMC presser and a very strong nonfarm payrolls report have essentially closed the door on a March rate cut. With US economic exceptionalism coming back into the narrative, we see this play out in the bond market with the US 2-year Treasury pushing back to the top of the range...
S&P500 is only a few points away from hitting the HL trendline of the long term Channel Up (started on the October 13 2022 Low). That would be the second time to test the patterns absolute Top. The 1D technical outlook is on standard bullish levels (RSI = 67.767, MACD = 49.570, ADX = 38.770) but the 1D RSI in particular has formed the very same pattern it did...
Unsurprisingly, yesterday’s FOMC meeting resulted in no change to the monetary policy. Then, during the press conference, Jerome Powell discussed the resilient economy, strong labor market, and persistent challenges to taming inflation. At some point during his speech, the stock market erased its losses and entered a green territory. However, this optimism lasted...
Entered Shorts at 385XX Levels Yesterday. Aim TP1 at the middle moving average line.
Yesterday, the SPX closed above $4,900 for the first time in history. Now, the question is, can it close above this level for multiple consecutive days? If yes, it will be positive for the index. However, a breakdown below $4,900 will be slightly concerning. Similarly concerning will be if RSI, MACD, and Stochastic start reversing to the downside on the daily...
A bit of a late post as the market is moving faster than my fingers can type but let's see how relevant this is regardless. Here is what I see: What is on the chart? (follow the steps) 1) A strong price accumulation that gives us a potential liquidity target for later on! For now bullish until said otherwise. 2) The BOS level that serves as support. 3) The...
We move past a busy week in markets and onto an even busier one, littered with potential landmines for traders to navigate. One key theme which has legs this week are moves in Chinese markets – notably, China went after short sellers with several targeted measures. We also saw a 50bp cut to banks RRR amid reports of an RMB2t package for offshore SOE to buy...
Hey Traders, in the coming week we are monitoring US500 for a buying opportunity around 4880 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 4880 support and resistance area. Trade safe, Joe.
Idea is to keep a downtrend to 3400 level in August 2022.
On the basis of previous cycles analysis. S&P 500 index is now in the 1st wave of the new growth cycle. Technically and fundamentally now I expect the downside to $4200, but not for long. After this SPX is going to reach the $5050 price level. Then after 2nd wave correction (10%) 6 month before US President election SPX starts its 3rd wave up to $6060.