SPx500 if it falls above 4310 in this direction will rise to 4337 then 4361 then 4383 but if it is below 4310 the direction will go down 4278 , 4253 then 4227 Pivot Price: 4310 Resistance prices: 4337 & 4361 & 4383 Support prices: 4278 & 4253 & 4227 timeframe:4
OANDA:SPX500USD The price dropped and perfectly fulfilled our target SPx still has a bearish trend because it already stabilized under the support line which is 4310 to get 4270 and then should break that to drop more till 4215 But otherwise, stabilizing above 4310 will be bullish to reach 4336 Pivot Price 4310 Resistance prices: 4336 & 4354 & 4391...
Trade Details Buy Limit Entry: 4259.50 Take Profit 1: 4316.66 (4R) Take Profit 2: 4398.62 (8R) Take Profit 3: 4467.77 (13R) Stop Loss: 4242.72 (-1R) Key Notes Order flow: Bullish Trend: Bullish Structure: Broken Entry at Golden Zone Disclaimer: This is just a sample template and should not be used as financial advice. Always do your own...
We believe that wave (4) in the higher time frame is not finished yet. There might be more upside but in a corrective way to finish wave X. Once wave X is finished, downside will follow as a wave Y.
The Trade Off is back and there is a lot going on! Westy and Blake are talking macro (geopolitics, Powell, Commodities & USD), technicals (Gold, NatGas, US500, GBPAUD) and trade ideas (NZDCHF & USDNOK).
OF is bearish. But I will be taking 0.5 risk trade.
Pair : SPX500 Index Description : Bearish Channel Pattern as an Correction in Long Time Frame and Rejection from Lower Trend Line and Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line. Completed " ABC " Correction. Entry Precautions : Wait until it Complete its Retest and Rejects
Price broke the bottom trendline of a bearish rising wedge a while back and price broke the bottom trendline and recovered. Both trend lines slope up and narrow at the apex. M pattern within the triangle that broke the bottom trendline but a throwback occurred and price recovered. This M has a 4th leg that terminated at the 1.618, so most likely a Crab. Peak 2...
Today, I wanted to draw your attention to the recent performance of the SPX, which has been exhibiting a range-bound behavior over the past year. As we navigate through these uncertain times, it is crucial to stay vigilant and monitor the market closely. Over the last year, the SPX has shown a tendency to trade within a specific range, with price movements...
So far so good for the channel, if next few weeks we see 4200-4250 range hold we could be heading to 5000 by Feb 2024, 4750 pullback into May, and then rally to 5500 until Sept
I was looking for a move higher for SPX yesterday, based on the move on Tuesday, as I said to watch 4360 and to go long on the break of the PZ. Instead, PZ held the highs , twice, below 4360 break and market came down. 4332 was the next strong support and did provide yet another bounce but market tanked further on rising yields. Yesterday's sell is strong,...
In this video, we look at step 1/5 which is the 80% OE strategy rules that we trade in real time. The insight here is invaluable and comes from our 15 years of research. and over 38 years of cumulative trading experience.
Ok now I believe since it was able to complete wave C we can now go up and hi 4450. Using TA that includes EW and fibs.. I show where I expect the SPX to head next.
In the heart of financial dynamics, where numbers narrate tales and markets hum a melody, we stand on the cusp of a riveting chapter. The surge in bond yields, the resonance of conflict in Gaza, and the corporate crescendos echo through Wall Street, crafting a narrative that captivates and challenges. As we step into this unfolding saga, each market movement...
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Lesson nr. 3 - Market Behaviors. In this lesson we are going to learn about NORMAL market behaviors that you can expect to deal with, so it won´t surprise you when they appear on the chart. Some of them are TRADABLE for a Beginner Trader, some of them are
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