The yellow channel represents a rollover of the linear regression if we do not break all time highs. The top of the rollover channel was almost tapped today giving me confidence in the trade. I will remain short until either the weekly slow-stoch re-embeds above 80 or we break an all time high. If we get the roll over into the yellow-lined channel; then the...
Hello guys, we are in a very strong trendline resistance area and I am not bearish. If the S&P 500 breaks through 5150, I would be very bearish. I am already long SQQQ and UVIX, UVXY, VXXB and long VIX etn. Happy trade
Hello everyone (an update for my last idea of SPX) I do not agree that SPX rally has been over and and this correction is the start of a reversal trend although I accept every surprise in this market. One of tricky ways that most of traders chose is to walk in the middle line and talk about both bullish and bearish scenarios in the same time. It really works for...
INVERTED head and shoulders in formation, in favorable intermarket correlations, I await the break of the neck line. do not imitate my operations, I do it by taking responsibility for my operations, not yours
Selling my wings at the 10 delta this time. -5215 +5205 / -5395 +5405 Mar 30th Expiry 150 Premium - 7.13 commission & fees 850 Allocated capital 16.81% gain on capital
Fundamentals & Sentiment USD: - Stretched to the upside according to CFTC - MoM CPI miss; Retail Sales MoM solid miss Technical & Other Setup: S(B) Setup timeframe: 4h Trigger: 5m Medium-term: Uptrend Long-term: Uptrend Min target: Fibo ext Risk: 0.46% Entry: Market; get in shortly after the US news release
Intraday Update: The SPX could trade to the 5380 level, the 127% extension of the April range. With NVDA earnings behind us, and the 5280's holding yesterday, the risk remains for a move higher.
US500 1d 2024-05-22|5307.01 google/gemini-flash-1.5 Based on signals from the indicator CCPR # US500 price movement forecast relative to the dollar Briefly: In the near future, the US500 price is expected to move sideways with little growth potential. Support and resistance levels: * Resistance: 5320, 5350 * Support: 5250, 5200 Signals: * 1d: There is...
SPX500 is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 5,286.72 which is an overlap support. Stop loss is at 5,225.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 5,383.83 which is a level that aligns with the 127.2%...
I closed my last 7 DTE Iron Condor on SPX today for 9.26% gain on capital allocated. Now just opened a new Iron Condor on SPX -5225 +5210 & -5375 +5390 Expires May 24th, atm the % gain on capital is 28% so $327 on $1160, will close this early as well, potentially first half of next week, before Weds and the NVDA update. I choose my sell strike deltas at -0.15...
I love seeing rejection zone. SHORTING is an opportunity to win. See the markup for reference. This is the highest that SPY reached recently.
we could see another rebound in 2nd half of this year due to easing inflation rate. july is uncertain.
Hi Traders, it's been a long time! So today I decided to waste my time on the SP:SPX chart again , every bit of information you need to understand this idea I've got is on the chart, you can write in the comments if u have any questions :) This idea is under no circumstances intended to be used or considered as financial or investment advice, a recommendation...
Heavy looking supply at this price. Looking for equities to have a drop and consolidation before moving higher once more.
As you can see, the S&P 500 index closed at a higher price on March 2nd, 2008 than it did on August 1st, 1996. However, it closed at a lower price on March 1st, 2000 than it did on March 2nd, 2008. This means that if you had bought the S&P 500 index on August 1st, 1996, you could have bought it again on March 2nd, 2008 for slightly cheaper. However, if you had...
What makes you think it's gonna sell were it is?I don't have any reason to sell us500 but I have 100 reasons to buy this n hold until atleast 60k I will never sell stock markets during this coming they might climb 140% something that you never seen before don't play games of selling uptrend markets use pull backs as opportunities to get into position not...
Logarithm. Large timeframe 1 week. On the chart a big bowl, you can say already with a handle, the price is testing the resistance of the previous market highs for the 3rd time (entering this zone). Breaking through it, this resistance will become a very strong support during the pumping (probability no more). Simplifying the complex is the key to...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.