So this is my anticipation on S&P 500 i think its now going for 4000- . Same as Gold and other US indices. I actually think the Covid-19 crash actually increased the cahnces of this huge incoming rise. So lets just all wait and see but im definitely going long and i think the US elections will pump it more. Suggestions in the comment section.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
Hi all, we had the summer dip, time to go long for a risk/reward of 1/1.5 or you can keep it until March 2021
US500 As the economic activity hasn't picked up as expected in second quarter of this year. In some part of the US the economic slow down is further accelerating and many of the skilled and non skilled workers are unable to return to the duty. This has reflected in company growth and overall economic growth is still intact as earlier forecasted by OECD. After...
Just entered a long position based off these 4 confluences: 1. Trend line was broken 2.Moving avg crossover 3.Possible HH 4. Continuation Doji When this 4H candle closes as a Doji or bullish market structure will have been broken and my target would be the major LH for my exit, That’s a little over 100 points.wait for the 4H close for confirmation👍🏽
A down line was broken at friday. I'm looking for a down move to 3200 or even 3000 USD
Last week I looked into S&P's monthly chart for clues on the long-term trend (see chart below). Most indicators point towards a new Bull Phase despite the general bearish sentiment in the market this week. ** The 'Megaphone of Death' ** I went a time-frame lower into 1W and found something I wanted to share with you. S&P500 recovered slowly after the 1987...
Pattern: Rectangle into an Ascending Triangle. Signal: Buy as the price is consolidating on the Higher Low trend-line. Target: 3,425 (right below the Resistance). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more...
Hey tradomaniacs, SPX500 looks very bullish to me as the previous fakeouts have created a double-bottom-pattern. These fakeouts were the perfect moves to washout these massive crows of robin-hood-traders. The current option-market is full of these retailers who are taking the liquidity for the big players. To get this liquidity big players are forced to...
US500 Trying for recovery but Pattern is broken as well as strong support. Wait for proper retracement and take SHORT and HOLD
S&P's weakness in recent weeks has got many thinking that the rally since the March correction is over and that maybe a new round of selling is ahead of us. On such occasions I have found it extremely useful to consult very long-term time-frames (such as the 1M in this instance) and look how similar patterns traded in the past. As you see on the current study,...
The current sequence on S&P has been seen before, in fact in late June. It was again a Channel Down on the 4H chart with the MACD on a somewhat Inverse Head and Shoulders formation. The June fractal failed to break above the 0.618 Fibonacci and the Channel made one more Lower Low before the smooth and sustainable 2 month bull run took place. Coincidentally S&P...
We are on a steady decent to the upside, and the upside still has more space before a retracement occurs, cash in on it. Like and donate
Pattern: Channel Up on 4H. Signal: (A) Bullish as long as the price trades above the middle (white line) of the Channel Up, (B) Bearish if it breaks below. Target: (A) 3600 (Higher High of the Channel), (B) 3450 (within the 0.5 Fibonacci and former accumulation level). ** Please support this idea with your likes and comments, it is the best way to keep it...
Pattern: Channel Up on 4H. Signal: Bullish towards the Higher High trend-line and roughly a +15% extension from the top. Bearish after that towards the 4H MA50. Target: 3,530 and 3,465 respectively. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help...