Chart looks Bearish, Raising wedge, Bear flag, inverted Cup and handle. Bearish for some time.
One more run to take out ur shorts, along with the crypto. Then, everything falls. Let us see. Is not an advice, merely my current thoughts.
MACRO WORLDS SP500 US information rate GDP Liquidity WORLD
Daily - bullish, in need of pullback. although this kind of structure on daily hasn't observed a big pullback so far so I will keep an open mind and take longs if they come up. Origin - bullish, in need of pullback. a pull to **5206.79 - 5179.87** and absorption in this zone is what I am looking for. perhaps FED Chair speaking on Tuesday or CPI will push it down....
I am expecting price to retrace and range this week until the release of WED Economic News. BUY Prior to that, if we see substantial retracement into 5180, I am looking to take a long position, granted that there's PA or pattern confirmation. IF OTHERWISE, and price break to trade much lower into 5120, I am looking to long as this is IMO the max retracement...
as it is clear we see a FVG and a lower low after reaching to a new high last week. so I suggest to have a sell model to 5164
VIX to S&P and ATR modelling. This strategy looks at 50 day SMA, and VIX If Vix is high, and 50 day SMA is high then S&P falls, potentially over correcting, and creating buy opportunities.
👁️ OUTLOOK 5hr chart: 30m chart: Context 5hr: Price has been bullish since the beginning of May. Trending nicely above the EMAs 10,50,200. We might get a slight pull back the beginning of the week then a push higher towards the end of the week. Validation 30m: Price is trending very nicely above the EMA's. Currently coming back to meet the 50ema. Bias:...
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
This metaphor based on the DSOTM album is an excellent reference for the market cycle. Have fun, but note that this is neither financial nor trading advice.
Taking a look at SPX on the 15, has 2 up gaps to fill and is nearing the top of this Ascending Channel. If it decides to break down, we could see a $100-120 gap down.
chart based off recent big drop and retracement. in the coming days we will see if we are going to new highs or heading back down to make new recent low
Oh Lord. Give us a sign and let the bears disappear ....
We have a macro supply zone 4h that the price reacted with a bearish engulfing candle, than the price distributed but at the same time the price leave a possible liquidity run with a micro supply zone in 15m which we will react only with an candle pattern.
AMEX:SPY has fallen broken the trendline and initiated its correction. Bearish divergence has formed as well. Two possible correctional scenarios here
The SPX500 daily chart has a positivity associated with it. However, the hourly chart has pulled back to the point that is tending towards oversold. This may set up a potential "dip in the uptrend" scenario. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
In order to assess whether it is a good time to increase exposure to riskier assets such as equities, institutional traders often use correlation tools and inter-market analysis. Depending on the macro environment (uncertainties, market drivers, monetary narratives), traders periodically assess their exposure between offensive and defensive values (Risk-on vs...
Is this rally coming to an end. Yesterday afternoon market sold off which continued to ETH session. Any test of ETH session Low could provide direction for the day. Level to watch: 5195 --- 5193 EIA Petroleum Status Report 10:30 AM EST