This Fibonacci drawing was drawn from 5315 to 5349, going up. If ES breaks above 5350, then it can continue to the next Fibonacci level of -50% at 5366. Please note the 2HR FVG close at 5339. Once price action reaches this level, price action may bounce and continue up, or fail and continue to fall lower to test the Daily FVG level again at 5315.
hello freinds this chart we shows that this market will know an up trend on next days
In the S&P 500, will buyers have the momentum to push the S&P 500 to new record highs? The structure to facilitate this movement is in place and the release of the Fed meeting minutes on Wednesday May give the excuse for the S&P 500 to move to those new levels.
ES has a shorter term bull flag breakout on the 15m. Things are looking good for a rally into close and into tomorrow leading up to NVDA earnings.
PO3 Set up, hoping for price to deliver quickly to our targets. Looking to see price pass previous daily high but also keeping in mind upcoming FOMC talks that may effect the sentiment.
E-mini S&P (June) / E-mini NQ (June) S&P, yesterday’s close: Settled at 5331.75, up 4.50 NQ, yesterday’s close: Settled at 18,763.00, up 127.75 Tech started the week off strongly with E-mini NQ futures notching a gain of +0.7% to the E-mini Dow’s loss of -0.5%. Chips led with usual suspects like NVDA and MU having banner sessions and the Semiconductor...
Trading Plan for Wednesday, May 15th, 2024 Market Sentiment: Bullish, consolidating within a tight range after a strong rally. The market could continue to build out a bull flag pattern or break out directly to new highs. Key Supports Immediate Supports: 5329 (major), 5318 (major), 5302-04 (major) Major Supports: 5272-74 (major), 5236 (major), 5208...
hello freinds this chart we shows that this market will know a diwn trend on next hours for more informations please shows the chart good luck
Hello friends this chart we shows that this market will know an up trend on next days for more informations please show the chart good luck
All the info you need is in the photo :) I think this will be an over night move and if we pull back into that liquidity before the market opens thats your manipulation phase of the wonder PO3
The expectation for Tuesday in the S&P 500 is sideways to higher. However, be cautious on the long side as a potential double top could be forming.
In my opinion today the market shifted from buying to selling. The shift was mostly obvious in DJ30 but I think all will fall heavily this week. Disclaimer: Not a financial advice. Do your own analysis before investing or trading
Sorry for the audio issues with my mic, will fix it next time. I had high hopes for today and it delivered. I thought conditions were really good for calls and it played out early on, but I didn't expect such a weak close. I'm wondering if there may be trouble tomorrow, but staying bullish until VX breaks out or ES breaches critical support.
Look at that beautiful 1/3 ADR at ATH + Previous Week High that is good confluence for us going higher! Also Range +4 STDV there this looks very solid to me! Range deviations + Average Range Levels = 🔥
Going over the price action Morning Session ES looking for clues and trying to see how we could have traded the morning session better. Pain + Reflection = Growth. do the hard work. no easy path if you want to be a trader.
Looks like sideways chop, my board is a mixed bag Staying cash for now.
Trading Plan for Monday, May 20th, 2024 Market Sentiment: Bullish, consolidating after a historic rally. Key Supports Immediate Supports: 5309-11 (major), 5302 (major), 5294 Major Supports: 5267-72 (major), 5232-35 (major), 5208-11 (major), 5150-55 (major) Key Resistances Near-term Resistance: 5329, 5333 (major), 5342-5345 (major) Major Resistances: 5375-77...
I think ES will see a nice bounce if it retest this trendline it just broke out above.