Short closed.. Long from 5050 Tp 5137.. Good luck and safe trade
US stock index futures had a positive start yesterday morning. But they fell back sharply soon after the main exchanges opened. Much of the blame has been levelled at Iran’s drone and missile attack on Israel, and on the fears of reprisals from the latter escalating hostilities further. But investors have had a growing sense of unease since the beginning of April....
This is a rough estimate projection of what I'm expecting in the coming weeks for the market. I'll post a more detailed analysis once wave 4 is confirmed. Here is the summary (this is not an EWT analysis, so you;ll have to take my word on it for this count - rather, its a rough forecast for what to expect that uses an EWC to simplify my pivot references): -...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
With the S&P pulling back from highs, let's explore where prices might find support. Retreat and Rebound: Analysing S&P 500's Pullback Opportunities It’s finally happened: the S&P 500 has started to retreat after a strong upward trend. Between late October and early November, the US headline index surged by 28%, marking a significant uptrend. However,...
My short plan for Sp500 worked out perfectly. I shared my view some days ago and adding shorts while it was going up paid out. Actually i closed all my shorts and i am looking to enter long. I think that a pullback is on the way
Correction As you see, market finally has entered to a correction wave. Nobody knows when it will be finished but there are some support levels on it's way. First support is about 5000 and second one about 4800-4820 . I'm looking for finishing correction to get new buying positions.
Buildup prior to the invasion was a steady week of lower prices in January, until 17 Jan 1991 when coalition forces took control of skies over Baghdad and destroyed Iraqi air and ground forces. Overlay is Jan 1991. 17 Jan was the night invasion. 18 Jan the market took a moon shot. Once it became apparent that our guys were winning, bulls took over and the rise...
The markets have come alive with the sound of derisking, deleveraging, hedging and broad managing of risk exposures. Friday was about managing risk going into the weekend, but today was different and the move could have legs - where for many playing defence has been the order of the day, while we have also seen traders getting aggressive, with shorting activity in...
So, the channel finally breaks and we head lower to support. Will update the idea tomorrow with targets etc.
Hello Everyone, Doom & gloom? Not quite. Although i missed some good shorts across the board i am going to be patient and let the price dictate what happens next and what should i do. Sometimes you miss trades, in hindsight, it seemed easy to take a short but it was a 50/50 gamble and i am okay with missing out some trades. I always follow my plan and i think...
My bearish count has SPX topping out today somewhere below 5186.69, with one more daily lower-low (this week) to complete a contracting leading diagonal (1).
If #SPX priced in #Gold can't break to the upside... Then watch out for a new #USDollar bear market when the roll over completes! Please chime in any narratives you want as to why this can or cannot happen in the comments below.
The SPX retreated nearly 3% from its all-time highs following last week’s print showing a higher-than-anticipated Consumer Price Index (CPI) for March 2024. This marks a second consecutive month of accelerating CPI in the United States, which presents an obstacle for the FED in its more than two-year-long battle against inflation. Plus, it makes it increasingly...
Are we ready for a correction? We broke down and now we should keep going down as long the candle dont close above the highest candle this is a good setup for a big move down.
US500 keep buying on daily till bullish trend stops. US500 bullish till bearish appears on weekly.
The S&P 500 (US500) has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance. Pivot: 5,117.40 1st Support: 4,956.50 1st Resistance: 5,263.47 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 not be...