As I analyze the US500 It is evident that the market sentiment currently is heavily influenced by fundamental analysis with regard to the mid-term elections in the US Senate. The republicans are favorites to take over the senate with the Democrats losing momentum leading up to the senate race. This means a gridlock situation is likely to occur and history tells us...
continue the growth of the ambassador of the giga nevada pattern, google it and understand what it is, unless of course put on the giga berlin chart and not only))
Showed where to place a stop and in which zone to take profits
I'm eager to see your comments. Do you agree? Anything I see wrong in your opinion?
Trade safe! ⚪️⚫️
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to...
Hello fellow traders,
I am currently looking to enter a short position on US500 as price is still bearish. If the -OB holds price successfully then I will be open to a sell position until the lows.
S&P 500 Starts The Week On A Strong Note
S&P 500 is trying to settle above the 4000 level as demand for stocks remains healthy despite stronger dollar and rising Treasury yields. The tech-heavy NASDAQ Composite moved above the 11,300 level.
Consumer Inflation Expectations increased from 5.4% in September to 5.9% in October, compared to analyst forecast of 5.3%....
Recent inflation reports are very bullish and give us the possibility that the Fed will stop the wild interest rate adjustment , but remember 2008 the Fed do the same and after when everyone believes was the end , the collapse start .
In this case i'm not talking about a flash crash is more an economic contraction and that means we can't believe in these...
Good Day All,
By looking at the first four days of November,
it clearly shows a downtrend which resulted in more than 5% reduction in SPX500 levels.
But slowly and steadily Prices are recovering and heading for the consolidation zone that is from 3830 - 3870, The 40 point range and the price's behavior will determine whether it'll be bullish/bearish,...
As long as the price above 3699 and 3719 the price will try to reach 3760 then 3782 then 3802
for any reasons if price break and stable under 3699 the price will try to continue down trend and the target will be 3661 then 3641 then 3603
current price 3730
time frame 4H
The S&P500 hit the 1D MA100 (green) on Friday for the first time since September 13. The rebound started off a Double Bottom and broke above the dashed Lower Highs trend-line that is consistent with all previous short-term rallies in 2022.
Based on that, the price should stay bullish for at least the next 10 days and hit the 1D MA200 (orange). We can even make a...
After 5 wave down move(wave c5),SPX is set to unfold its counter rally up to the falling trendline (4160)
the dotted red line shows the path of bullish 'C' wave , time to achieve this target is 4 th Nov'22
Hello trading community! We see on the US500 chart that the price faces significant resistance in the area between 4000 and 4100. On the daily chart, the US500 is in a descending channel. A continuation of the dollar's bullishness and no rate cut at its next meeting could wipe out investor bullishness and leave the index looking for new lows and support between...
The US500 (SPX) is making a rising wedge and this is serious because the lately bullish movement it has no volume and as we know if the volume doesn't follow the movement isn't sostenible in the time and finish collapsing.