Hi traders. SPX on edge again. Hitting 61.8% retrace from fall. So lets see. Use Trend line for short Entry if any. Drive safe.
Good morning. Spx No Rest. Lets see how this week folds out. Drive safe.
Hi traders, i've been following this trend for a while, the pattern is still valid. D point as you can see here will be more preciese once we reach C point. Drive safe
Good Evning traders. Great friday we had with nice rally on SPX. but boy oh boy, the bears won at the last candel. and they got great DIV. so i am expecting some retrace, 50% would be fair. reverse UP here will mean BULLISH trend continues.
Possible way to the big short, based on Black Monday an 2008 Crisis. Monthly :D
Tesla stock has had massive gains in the past years, hence represented by this magnificent Flap Pattern which has been building momentum over the last 5 years.Tesla has officially broken out of the Flag, so its a BUY for now, But I would watch out for the RSI breaking out of the "bearish" motion and is reaching bad territories. Also, how high can this stock go...
To me Amazon is a clearly heading for new heights, as the Coppock curve ( Eclipse) has just turned positive, also so has the Aroon oscillator, showing a positive trend has emerged. This is supported by the Cyclic lines showing the positive stock trend is just one of many. The 50 moving average is providing support, and the stock recently broke out of the sending...
SP500 at structure and 618 and the price action is good now
After FED statement SP-500 moved down - its just correction after high point of price. SP500 need show new maximum before big fall
Another red day, great for the Bears. I am flat and am stalking to short any rallies into my resistance areas as marked. The other areas not marked are 2100 & 2110 . I am not interested in Longs here before the US Election. The Chart has not changed much since my last post. I did add a couple Bull lines for future reference that may come into play
Many prominent economists think that SPX500 will fall down to around 1800 and will go back to 2000 at the end of the year. The resistance line that has been in place middle of last year was retested again at the beginning of April, unsuccessfully. 1HR Fibonacci shows downward trend, SPX500 hit 0.7 level and started falling. RSI for almost all time frames is above...
As S&P500 has been in an upward trend, it is likely it will continue to follow that. With this upward trend entered at early February, long positions can reap good profits. Personally I identify 3 possible LONG entry positions: 1. Which is here at 1945.2. However, it is highly likely that before continuing going up. 2 . It falls to the very strong...