I´m bearish on indicies. We are in a seasonal bearish period with an bullish dollar that seeks yield and has also a seasonal tendecie to go higher (wich is bearish for foreign currencies and indicies) We se commodities breaking lower lows wich is bullish for dollarn and bearish for indicies. I think 2900 is a level that could be reach this year.
Many people got trapped yesterday by the bears. For us, it was a good shorting opportunity. ALWAYS REMEMBER..... DON'T FIGHT THE FED !!!
After policymakers have shown more appetite for interest rate hikes, S&P500 recorded its lowest close in almost two years and it is 24% down from its record high. The technical indicators on 1H graph are also putting the index into bear territory, with MACD histogram below 0 and keeps decreasing and RSI well below 50 neutral line. If the downtrend continues, the...
US500 - Intraday Expiry 9pm UK - We look to Sell at 3777 (stop at 3836) Sentiment remains negative despite the pull-back higher in prices. We are assessed to be in a corrective mode higher. Horizontal resistance is seen at 3800. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a...
US500 | A Small Correction Before The Next Crash All the market is going a bit crazy these days. On indices, it has been a bit more stable when it comes to technical perspective. the price has moved lower but it has respected the technical perspective related to the price movement. Today we can see that the price is already correcting and this is showing...
3636 is the previous low This level can act as a support and market may pull back up OR Further downslide to 3393 covid top levels
c5 minimum target 3595 (62% of c1+c3) If Fed effect pulls more than 3595 ,then we have more lower targets
US500 - Intraday - We look to Sell at 3834 (stop at 3889) The medium term bias remains bearish. We can see no technical reason for a change of trend. A firmer opening is expected to challenge bearish resolve. Resistance is located at 3840 and should cap gains to this area. We look to sell rallies. Our profit targets will be 3701 and 3680 Resistance: 3840...
The major US indices, including S&P 500, are continuing to plumed after the Fed rate decision yesterday. The interest rate reached 3.25%, as it was predicted, but the forecasts are that the interest rates will keep increasing into the entire 2023 as well, reaching levels of 4.6% The technical indicators are suggesting a downtrend as well, MACD histogram is below...
Looking at the Liquidity pull off the top of structure... Rising channel has probed all liquidity gaps and swept highs... Looking at the Pattern to play out and extend down for a NEW LOW.. Bearish Divergence on MACD and RSI
Hello traders! ⁉️This is my analysis on US500 . Here we are still bearish , so I am looking only for shorts. I expect price to retrace after taking out sell side liquidity, to fill the imbalance and to reject from bearish orderblock. Like, comment and subscribe to be in touch with my content!
price broke major level and did not retest and momentum still tells me that its a down trending market so will see a retest and drop
We hit 1h OB- highs and 4hOB above, sslq bellow is looking juicy as ICT says just a potential scenario
We are in a recession, although the white house changed the definition of a recession when they released the second negative gdp quarter stats. Is this the key level where we will see a sell off? I’m going short around 4330/4350 Looking for price to come back down to 3300/3000 Entry pure technical analysis come back to touch top of a channel in a lower time...
W/M downtrend Weekly OB and daily fvg already hiti and came back down to it I expect price to broke this level next week and drop further down
After the speech of Fed chairman Jerome Powell last Friday, on which he clearly stated that the main goal of Federal Reserve is to stabilize prices and will remain hawkish on interest rates, expectations of increased strength of the USD made big portion of the investors to sell their shares and increase the amount of dollars they are holding, which plummeted the...
Looking at a short off Right Shoulder H&S Pattern Looking to hold at Minimum ABCD pattern completion C-D Leg
[b ]Due to the increasing strength of the USd as a result of the increase yield....still looking on to the short of stocks (indices). US500 experienced a rallied up for sometime, and what everything that goes up surely comes down!!! NB: Red box: rejection zone