Here is our detailed technical review for SPX500.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 4510.25.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 4677.23 level. ...
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and this :https://www.tradingview.com/chart/VIX/C4GnktDt-Iranian-stocks-total-index/
surely you remember the fearful atmosphere on that period of time but the key is this :move inverse the crowd...
Hey traders, get ready to ride the wave of profits with an exciting setup on the S&P 500! 🌊📊 A golden opportunity has surfaced, and it's time to capitalize on a potential bullish rally. In the 4-hour timeframe, we're witnessing the stars aligning for a buying spree that could lead us straight to the coveted 4570 target. 🎯🦅
The Double Bottom Delight:
Hold tight as...
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now see this nice pop up in shebandar stoch now we wee hype around petrochemical industry and oil...
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my last analysis...
Price has formed a head and shoulders pattern, and we could look for an opportunity to trade the pullback of this bearish reversal. Our buy entry is at 4470.8, which is a pullback support level, aligning with the 38.2% fibo retracement. Stop loss is at 4422.7, which is placed beyond the 61.8% fibo retracement level. Take profit is at 4526.9, which is an overlap...
Before the turnaround in SPX in July 2023, we pointed out to the roll over in the Chinese stock market and its implications for the U.S. market. Then more recently, we saw how these markets continue to be intertwined when Chinese regulator stepped in and calmed down the market, resulting in both American and Chinese stocks enjoying a relief (or perhaps even...
The SPX is currently navigating the terrains of a well-defined channel, positioning itself just above the 4500 benchmark. This range presents an intriguing juncture for traders.
Key Levels to Monitor:
- Breakout Potential : Should we witness a convincing break above the current channel, it could signal a continuation of bullish momentum.
- Breakdown Risk : On...
This is my version of walking a Bollinger Bands. I use an Ehler instantaneous 21 BB. The settings for the Bands are 0.75 deviations (detrend at +0.75), zero offset, no lower band, no basis. The result is the solid red moving average. Close your bull after a dow theory closing violation under the uptrends' detrending signal.
SPX has formed a Bearish butterfly harmonics pattern along with the Bearish divergence. This suggest a possible trend reversal to Bearish from its current upward movement. We will take entry on the break of point B.
On the daily time frame, it is in a range but on the four hrs it seems to be forming an inverse head and shoulder so what do we do we are gonna be sat on our hands ✋️ and not taking trades impulsively or allowing the market play with our psychology to get into any trade, the market has to break the range either to the upside or the downside then we execute a trade...
Chart Session... 🙌 Tune in to see what i will be trading for this Week! CHART TIME! Let's see what opportunities are showing 🙌 8 years of experience 🏌🏽📉 ❤️Please support by liking/boosting the stream, thank you!❤️
