Possible sell swing trade
Confirmed trend line on 4H timeframe
5th touch on the line is a 61.8% retracement with a 161.8 projection
Price will sell down to 4925 area
perfect entry 5108.44
hold and watch for the next few days
Market Condition -S&P is FLAT ; Greater Trading Range making a BCLX, AR and about to complete ST - Phase A CHoCH
Market State - There is no local trading range. The next legitimate market for a local trading range is the ST at the bottom of the range.
Market Context - No active trading range
"Higher high" and "bullish flag" are terms commonly used in technical analysis, especially in the context of trading and chart analysis.
A "higher high" refers to a price peak that is higher than the previous peak in a chart pattern. This indicates upward momentum and is often seen as a bullish signal, suggesting that the trend is likely to continue upward.
A...
The true, historical surge in oil prices has yet to come.
This would only be the 3rd major bull era for crude oil in the last 145 years.
Buckle up.
#crudeoil #energy #inflation #historical
Since November 2023, the S&P 500 has been on a steady climb, spanning six months without a significant pullback to the moving average (MA). Typically, such pullbacks are necessary for price stabilization. However, recently, we've observed a pullback accompanied by considerable volume. This suggests that a substantial portion of market participants anticipates a...
The daily chart has been bouncing since moving oversold around the 19th of April. The daily RSI has now moved to the positive side of the indicator.
The SPX500 hourly chart still shows signs of positivity. Its stochasstic indicates a bullish momentum, with no short-term oversold signals.
This video is intended for the users of Stratos Markets Limited, Stratos...
Hi folks, it's my opinion on S&p500
Candle formation on 4H, 15 min shows signals that price go through 5075 zone for sweeping liquidity , be care that if price go throught 5120 zone strongly and close above it in 15min this analysis would be fail.
Previous week was the one where the S & P 500 performed in an excellent manner, increasing its index value by 2.7%. The three-week losing track was finally broken, and the index ended the week at level of 5.124. For one more time, tech companies were the ones that were driving the market to the upside, especially after strong earnings from Microsoft and Alphabet....
SP500 is looking bearish, and i think we will see a major correction in the next weeks. I have my main target at $4.750, were the price could bounce back up. I will enter short with small size and i will add shorts if the price will go up, invalidation above actual highs at $5.300
The S&P 500 (US500) has made a bullish bounce off the pivot. Could this index continue climb higher towards the 1st resistance?
Pivot: 4,956.50
1st Support: 4,847.20
1st Resistance: 5,223.68
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. Trading Forex and CFDs may...
Money flow and AD basing with price action. In fact, I see an ascending triangle to 5254 min, fomo pushes it closer to 5300. There will monitor for a cup/handle completion. It's a flag breakout if AD breaks out from red line at bottom, which is a previous resistances sell off level.. this a 4hr chart, so expect lots of volatility this week..
With the FX:SPX500 facing declines and more bearish setups since the past 5 weeks (or one Month) more of it is yet to come! According to my analysis and market perspective, The stock market would likely be hit with bearish signals and signs starting from the early days of may 2024.
In a technical description, price has failed to rally above the last key level...
tapda and power of 3 entry test CAPITALCOM:US500
TAPDA Framework: TAPDA is a comprehensive framework used by traders to analyze various aspects of market behavior. Here's a breakdown of each component:
Trend: This involves identifying the direction in which the market is moving. Traders typically use trend analysis tools like moving averages, trendlines, or...
Assuming the SPX continues to trend lower an important bottom could be made on 05/17/24.
The bull phase from 01/05/24 to 03/28/24 was 57 trading days multiplied by the Fibonacci ratio of .618 equals 35 trading days. Adding 35 trading days to 03/28/24 targets 05/17/24 for a potential SPX turn.
Hi traders,
Last week SPX500USD made a correction up into the daily FVG.
For next week this pair could drop again to finish the bigger correction down. But at the moment this pair is bullish. So wait for a change in orderflow to bearish to trade shorts.
Trade idea: Wait for a change in orderflow to bearish to trade shorts.
If you want to learn more about wave...
