Its a long time chart has needed a correction but has not been happened till now. if it passed 5100 to downward, it will have more correction and you should be care about your buying positions.
We are currently in a strong uptrend on the SPX. I personally believe that a consolidation phase is imminent. That's why I have initiated a short position with a risk-reward ratio of 1:4.
Hey Traders, in today's trading session we are monitoring US500 for a selling opportunity around 5130 zone, US500 was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 5130 support and resistance area. Trade safe, Joe.
The S&P 500 (SPX) is steady at the crucial support level 5113. If the index maintains this level, it could retest the 5200 zone and potentially aim for 5350 upon breaking out. However, a fall below 5113 could lead to a retest of 5050/4950. We have identified sizeable dark pool institutional buying levels indicated at 4950, so they either protect that zone if it's...
Am I the only one worried about this? Big divergence between the market rally and percentage of stocks participating in it. This is what the end of 2021 looked like. Another interesting fact: The % of S&P 500 stocks outperforming the index over the prior 1-year period hit a record low last month at 24%. This is the lowest reading since at least 1994.
I'm predicting a decently red day tomorrow to close the week. Weekly candles are showing a bit of resistance near the highs, the 1hr RSI is showing that a breakout above or below should be coming soon as price movement/volatility is tightening. Also, the 1hr MACD is turning down like we've seen on the other times. Daily is slowing down like it is trying to round....
Join FXCM senior market specialist Russell Shor for the morning market review.
Nikkei225, China50, ASX200, DJIA, S&P500, Nasdaq100, DAX40, FTSE100, DXY, Gold, Silver, Copper, WTI Oil, NatGas, Corn, Bitcoin, BitcoinCash, Ethereum, Litecoin, Ripple, AUDUSD, AUDJPY, AUDCAD, NZDUSD, CHFJPY, USDJPY, USDCAD, GBPUSD, EURCHF, EURUSD.
Example one way how we can route orders to Binance.
I've shown multiple rallies over the years as a comparison to the current rally. Currently, this rally has been 25% in 18 weeks which is clearly the biggest in the past 12 years and most likely in history.
Here is our detailed technical review for US500. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 5154.2. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 5171.8 level. P.S Please, note that...
Here are rules for long and short trades via Bull and Bear PullBack and trade management for it.
S&P500 is bouncing off the pivot point at 5140.69 which also aligns with 50% Fibonacci retracement, price could potentially rise higher to swing-high resistance. Pivot: 5140.69 Support: 5099.62 Resistance: 5188.34 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
im looking for both side market buy and sell, right now my sell trade is active
The provided image outlines a long-term technical analysis of the S&P 500 using Elliott Wave Theory: Wave 1 (2011-2020): A lengthy bullish trend representing the first large-scale wave, which extended for nearly a decade, ending in early 2020. Wave 2 (Early 2020): A substantial retracement followed, marking wave 2, coinciding with the sharp sell-off due to the...
Concerning the earlier shared trade idea on the US500 (S&P 500 index), this video expounds on the rationale underpinning the consideration of this potential trade setup. Analyzing the 1-hour chart for the S&P 500, the price has been exhibiting an upward trajectory. We can discern the formation of higher highs and higher lows, suggesting a prospective US500...
BUY ABOVE - 5160 SL - 5150 TARGETS - 5170,5178,5188 SELL BELOW - 5140 SL - 5150 TARGETS - 5120,5109,5100 NO TRADE ZONE - 5140 to 5160 Previous Day High - 5178 Previous Day Low - 5122 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it...