Market Sentiment: Neutral to Bullish 📈 Trading Plan for Monday Supports to Watch: Immediate Supports: 5098, 5093 (major), 5079, 5073, 5066 (major), 5058, 5046-48 (major), 5040, 5028-32 (major), 5018 (major), 5013, 5003-05 (major), 4998, 4988 (major), 4984, 4976 (major), 4971, 4965 (major), 4956 (major), 4947-50 (major), 4942, 4934 (major). Resistances to...
Good morning happy start of the week, i wish you a very successful week, lets make some money. Today i will not be trading, i have to work at 11 so maybe the open idk lets see. Something that its really important, when i post this pre market its just levels of interest, many times the market do something different or create new levels during the day, but...
It also appears to me from the movement that there will be a strong rise to 5200 You must be aware that the peaks are dangerous It may happen other than what we expect, because the financial markets are not friendly to anyone
NQ & ES finished the week green yet again after testing the low of the recent range early in the the shortened trading week for US markets. The NQ closed 1% off its ATH high while the ES finished 0.56% off its ATH. The late week recovery was fueled by another strong earning report from NVDA although big tech showed signs of weakness to closed out the week with...
In my first post in a minute, this idea offers a concise analysis of key futures stock indices and treasury futures for the upcoming week. I look at popular indices like MES, MNW, and MYM, alongside the 10-year and 30-year treasury futures (ZN & ZB). By examining multiple timeframes, the current prices suggest a probable modest decline in stock...
Good evening and i hope you are well. This week was another very strong one for the bulls. Having these kind of climaxes at the top after such a long ongoing trend is often the exhaustive end of it. But all that is just mumbling until bears show up. Bulls continue to pump this higher and that’s just what’s happening right now. All targets have been met and market...
Are we in a trap region? The month is ending, but the problems are just beginning! Based on the latest analysis, we may indeed be in a trap region. And its long-term objective was achieved in full (1,618 FIB). And gold has not yet lost its 2K level. What a thing, right? If everything is fine, why isn't our "rich" fiat's store of value giving way? I just...
This chart assumes we are in the beginning stages of a Minor 2, and ultimately headed to new highs in the middle term, but not before completing a 3 wave, ((a))((b))((c)) correction to the 4000 region. I have a Micro ((A))((B)) in the books, and that we are working on the ((C)) wave, which may conclude around 4893, before a subminuette b wave retrace back to...
ES/SP500/US100 Hello Traders, Welcome back to another market breakdown. Today, I've got an exciting video for you as I dive into the current state of the S&P 500 and explore various strategies based on different market scenarios. Whether you're an experienced investor or just getting started, this video will help you better understand how to navigate the dynamic...
It looks like ES1! is working on a third impulse wave up from October 2023 low. Bullish scenario (green) would have this third wave up complete a full impulse wave off low of 4173.25. Bearish scenario (red) would have this third impulse up be the second impulse of a C wave, with an additional impulse needed to complete the C.
CME_MINI:ES1! is stuck between a rock and a hard place! From a macro perspective, we have been on a bullish uptrend since the 27th Oct 2023 with daily HH and HL's being formed. Every now and again, a minor retracement is necessary to accumulate more positions to continue to the upside. This week, we have witnessed sell stops being raided however the overall...
The expected rest day in the S&P 500 on Friday could continue on Monday as the market gets ready for fundamentals coming out during the week. The bias for this market would be a higher close by the end of the week.
ES also overbought on my 3 hrs chart, closed everything. Today is Ponzi Friday, so I don;t plan on shorting anything until EOD. Hard market to short but I might buy a few puts, probably just beer money though. Too risky to go big
Roughly 10:30am on Feb 14 2024 ... 4h on left showing interim bull, s1 4980s, macro bear r1 4030s Big picture range on left maps initial balance and 10% vola filter for 12M - posting on 4h tf to provide tracking for interim moves on candles for the year. Indies dont tend to present after chart is published thus current directional read (4h interim bull, macro...
The market just keep climbing to find new prices, all those white lines are levels that can be important, because they already act like steps in a stairs. right now my plan its to see new levels form, and if we break 5108 see a retest or a new level to open longs, i wouldnt focus right now on shorts due to the high trend that we are in.
📈 Market Sentiment: Neutral to Bullish SPX Outlook for February, 23 2024: Bullish Momentum: The S&P 500 exhibited a bullish trend into January 2024, reaching new highs driven by strong economic indicators and expectations of Federal Reserve rate adjustments. Nevertheless, there are concerns about potential market corrections if earnings growth fails to meet the...
Shortened week ahead, lets break down structure and areas of interest to lean on this week. Last Week : We opened the week above VAH and under Key HTF Edge, we knew that this is the area where we can see size sellers step in and an area where size longs could be taking profits which creates different sets of sellers to give more pressure to the lower levels, as...
The enthusiasm to the upside shown in the S&P 500 on Thursday would not be expected on Friday unless we get very positive fundamentals driving this market higher. A higher close would be expected but not with the same size of movement shown on Thursday.