Here is a look at the S&P going into the first trading week of August. I am posting this late as I have just returned from vacation. Very positive reaction to the data and earnings that came out last week. Price rallied 4.25% into the 100 SMA after breaking thought the 382 FIB. The 100 SMA is resistance along with the May 31 st pivot high. I am expecting a pull...
2007 Levels will be upcoming into October 2023. Summer Counter-Trend has more room for the upside. The Monthly Risk Range is at extraordinary risk. "Others" are getting it all together for the Early Fall Classic. Extreme patience is required for the SELL, it will continue to develop over time, blink and you'll miss it. Financial Media continues to caution...
Everything in Today's session has been measured and planned before the bell opened. Everything is set up for specific moves. This is something I am fascinated by after just studying Today's Session.
Regarding corrections and subwaves there may be a kind of wave c which is incomplete right now.
Kinda at a weird place to start short. They marked it up to test the trend break. Let's see what we get, still bearish below the SL.
Scalping some futs here. 5 contracts FTW. We have a decent trend break and pattern confluence.
On the brink of another continuation after this pullback. Only if bulls can take control. If closes below EMA then they have failed and price is going back down. I don't see that happening because price has been in a range and is making its way back up to 4000.
The price on both charts are attempting a breakout of the previous resistance line. On this chart, you'll see we are currently testing a previous resistance line. The stock market could start to see a bullish rally for the next few months. We have CPI data coming out on Wednesday. Most investors will use this to see if Fed's will be dovish or hawish when it comes...
good afternoon o/ es looks interesting. very trappy, but the structure remains completely in tact. --- i'm looking for continuation to the upside in the days ahead, after a couple more traps. upside target likely be between 4060~4180. will update a more precise target when i see a little more clarity. for now it's just chop \ a bullish structure in early...
CME_MINI:ES1! In the past six months, the S&P 500 has fallen from an all-time high of 4,818.62 to a fresh 52-week low of 3,636.82, down 1,181.8 points, or -24.5%. Following a brutal week, the U.S. stock market rose on Tuesday, as investors weighed the Fed rate hikes amid rising fears of a recession. The Dow rose 2.15%. The S&P popped 2.45%, and the Nasdaq...
This is a medium term swing/position trade that has a pretty good chance to play out. Check out this fib idea below which underscores the idea. Obviously, don't panic buy unless you like riskier trades. Ease into your entry! June thru October looks like a decent entry if nothing too crazy happens, but a surprise via some global disaster could RUIN this trade....
Hello, everyone! While Bitcoin is playing out our long signal it’s time for educational content. Today I wanna show you the candlestick formations which predict the reversals in crypto. I know that in the books we can find more formations with different names, but in practice only these patterns does matter in reversals. All these formations play out with the...
The higher US CPI read of 6.2 % YoY lead to a spike in US10Y and a small sell off in the ES. As of now the uptrend remains intact and as long as we do not get a close below 4300 I am looking for long entries. Buy at or around 4552 if support holds or buy break and close above 4713 resistance. Looking at the order book we can see a lot more sell orders...
Introduction Indices (or Indexes) are weighted sum of local stocks. The Dow Jones is the indices for the 30 largest US companies. Nasdaq (National Association of Securities Dealers Automated Quotations) is the indices for the tech stocks. FTSE (pronounced Footsie) is the indices for UK stocks Most countries have 1 or multiple indices for their stocks. Indices...
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RISING WEDGE with CPI on Wednesday Alot of people trying to short this rally, BIG dates are 8/10 and 8/19 Expo
History repeats lets see, wait for pop drop probably around 4200 but could happen here