SPX Nearing Correction for Minuette Wave 4 At any moment, SPX should begin declining for minuette wave 4 as prices are approaching the end of a fifth wave on three different degrees of trend. Because wave 2 was a double zigzag, wave 4 is likely to be a flat or triangle. Shortby epistemophiliac2
$SPX Trading range for CPI & FOMC, and PPI tomorrowCBOE:SPX TVC:VIX Trading range for today and tomorrow and the video version here!! GL today, y'all. Inflation is still unacceptably high. The FED really needs to see DEFLATION before cutting rates. Video version has the full walkthrough. 🚨Don't forget to subscribe & turn on notifications in case I forget to cross post here. Shortby SPYder_QQQueen_Trading2
SPX500 H4 | Potential bullish bounceSPX500 is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 5,324.57 which is an overlap support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 5,287.00 which is a level that lies underneath an overlap support. Take profit is at 5,393.72 which is a level that aligns with the 127.2% Fibonacci extension level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:20by FXCM2
don't fight the trendThe SPX just make a breakout and did a nice retest on the support of the previous high. This trend looks very bullishLongby misternico2
short the marketspx supposed to go upper more but a lot of data shows that inflation will hold the interest rate high for a long. This will effect the market to go back where it came from. I see some massive decline since it used much of power to be bullish. Bearish trend will be created soon. Shortby illuminating_tradeUpdated 114
SPX500 H4 | Bullish uptrend to resume after pullback?SPX500 could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 5,371.25 which is a pullback support. Stop loss is at 5,310.00 which is a level that lies underneath an overlap support and a confluence of Fibonacci levels i.e. the 23.6% and 50.0% retracement levels. Take profit is at 5,449.28 which is a level that aligns with the all-time high. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long04:03by FXCM2
SPX500 trading in bullish channelThere was some volatility in the market last week. Nevertheless, the SPX500 is trading in a bullish area. The longer this is maintained and the RSI remains above 50 the greater the likelihood of higher prices ahead. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com) : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com) : Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.Long03:18by FXCM1
SPX - Summer of painSPX has topped on a weekly timeframe and should give a ~10% drop. Now, it is highly likely that we are also seeing a top of much higher degree from '08 lows, but will judge that for later. Step by step. SP:SPX Shortby ponzialchemist2
SPX500, PLAN 05/06After finding a new ATH on Thursday May 23, the price of the S&P500 fell by 3%. I was a seller at the end of last week and the beginning of this week. However, we've now reached some interesting levels that could signal a change in trend (CHoCH). Initially, EQHs will be sought at $5302. But for me, the real CHoCH is at $5326 (the zone where I'll go back to buying). If we look at the H1 chart, we can see that the price has returned to the OTE zone before starting to rise again. This supports my idea of a potential return to the upside, and why not back to the ATH... Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think! Happy trading and a great week :) Longby InfiniteY8
Still more upside for SPX500USDHi traders, Last week SPX500USD went more up just like I've said in the outlook. Next week we could see more upside for this pair. Trade idea: Wait for a correction down on a lower timeframe and change in orderflow to bullish to trade longs. If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! EduwaveLongby EduwaveTrading1
Elliott Wave Intraday Analysis: S&P 500 (SPX) Sequence Remains BShort Term Elliott Wave in S&P 500 (SPX) suggests the rally from 4.20.2024 low is in progress as an impulse. Up from 4.20.2024 low, wave 1 ended at 5341.88 and pullback in wave 2 ended at 5191.68. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Down from wave 1, wave ((w)) ended at 5256.93 and wave ((x)) ended at 5311.65. The Index then extended lower in wave ((y)) as a zigzag structure. Wave (a) ended at 5269.67, wave (b) ended at 5282.06 and wave (c) ended at 5191.74. This completed wave ((y)) of 2 in higher degree. The Index has turned higher in wave 3. Up from wave 2, wave (i) ended at 5292.25 and dips in wave (ii) ended at 5234.32. The Index resumed higher in wave (iii) towards 5370.3 and pullback in wave (iv) ended at 5347.09. Wave (v) higher ended at 5375.08 which completed wave ((i)). Pullback in wave ((ii)) is proposed complete as a shallow zigzag Elliott Wave structure. Down from wave ((i)), wave (a) ended at 5341.88 and wave (b) ended at 5360.79. Wave (c) lower ended at 5340.51 which completed wave ((ii)). The Index has turned higher in wave ((iii)). Near term, as far as pivot at 5191.74 low stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.by Elliottwave-Forecast1
SPX500 Day I Bearish divergence?Based on the daily chart analysis, we can see that the price is currently at our sell entry at 5362.82. Our take profit will be at 5286.40, which is a pullback support. The stop loss will be placed at 5416.77, above the 127.2% Fibonacci extension. Please note that there is a bearish divergence forming. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM1
COVID Crash Predicted by TA - Price Precedes NewsTA will always predict market crashes ahead of time, even black swans. I am suggesting that charts and some other factors are currently indicating that a market crash is imminent. The news that takes it down is irrelevant, the distribution has already taken place. FOMC could be a potential catalyst this week among other things such as global conflict and bank failures. One of my primary strategies is to use Dow Theory, which has several parts to it. The part I focus on is the idea that stocks move together in trends, they have primary and secondary trends, and some minor ones. The primary trend will always take presence over a secondary or minor one, but that does not mean significant corrections can't be had while in a primary uptrend. Price moves in this way because of accumulation and distribution. If you see a bearish chart patterns on all major indexes and nearly all of the mag 7, you can be pretty sure there may be some downside to come. The more confluence you have the better, stocks move together in trends, so if you can identify those trends and understand them, you can trade accordingly. Dow Theory and similar theories such as Wyckoff distribution have been the cornerstone of every legendary trader of the last 100 years or more. It worked 100 years ago, and it still works today. I don't see many retail traders ever mention this. Sure, they say the trend is your friend and things like that, which I agree with. However, most folks never talk about why the trend is your friend. The reason is because of wholesale stock operators and accumulation and distribution. The market will always function this way, unless there is a complete overhaul of the entire stock market and fundamental changes to everything. Nothing else matters, this is the true reason prices move the way they do. Here's a story I find very helpful for understanding this concept. www.trade2win.com Here's more on Dow Theory: www.investopedia.com And Wyckoff: www.investopedia.com And one more thing, I should mention Jesse Livermore. He is considered to be one of the greatest traders to ever live, and he was a wholesale stock operator. You can read the book based on his experiences throughout his career: www.amazon.comShortby AdvancedPlays1
SPX500USD Is Very Bullish! Long! Take a look at our analysis for SPX500USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 5,386.5. Considering the today's price action, probabilities will be high to see a movement to 5,439.7. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 112
SP500 : BULL TRADERS CHEER ON REASSURING CPI FIGURES- The market has been trading inside a bullish channel since mid-April ; the mid-term trend is then bullish. - Since the beginning of June, and another impact over the lower bound of the mid-term bullish channel, bulls have taken control of the market and ended a 7-days long correction. The market has registered a sharp rebound over that zone, driven by hopes of reassuring inflation data in the US, after initial dovish bets from investors have been played down during the last FOMC meetings. A short consolidation phase has also taken place between the 5th and the 11th of June, as investors were bracing for both US CPI data as well as the next decision on rates from the FED. Today's surprisingly good inflation print in the US has sparked a bullish catalyst over many benchmarks around the world, including the S&P500. Indeed, the fact price pressure is decreasing more than anticipated has revived hopes of a more dovish approach from the FED, which mechanically supports equity markets and pressures the US Dollar. Investors will cautiously monitor this evening's FOMC meeting, with FED Chairman Powell's speech as the main event, in an attempt to assess what could be the central bank's projection for the next quarters. But meanwhile, investors keep on cheering on the downtrend showed by the latest inflation data, which is seen as a major market driver for equity traders. Both moving averages are in bullish configuration, and the DMI indicator shows a strong buying pressure while the market already trade at an all-time high. - Even if volatility may not be over due to the looming decision on rates from the FED, the bullish spike sparked by today's reassuring CPI report is seen as a major catalyst for the market. A pull-back towards 5,405pts remains possible but not likely at this stage, and the next resistances can be found around 5,465.0pts and 5,538pts by extension. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.ULongby ActivTrades2
SPX500USD ( BELOW TURNING LEVEL )SPX500USD HELLO TRADERS TODAY , THE PRICE STABLE TURNING LEVEL SO THE PRICE BELOW BEARISH PRESSURE Tendency the price is a short pressure in 5,427 Turning level : The turning level 5,427 , so as long as the price above this level, there will be a new historical peaks resistance level : breaking turning level 5,427, the price will rise to 5,475 and 5,519 support level : braking a turning level 5,427, the price will reach the support level of 5,372 and 5,326 corrective level : price will 5,427 , correct itself before decline I HOPE YOU A PROFITABLE DAYShortby ArinaKarayi2
US500 Outstanding MannerHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. US500 Outstanding Manner. 📚 👉As we can see price is still overall bullish from a long- and medium-term perspective, trading inside this outer red rising channel making clean higher highs and higher lows, adding on from a medium-term price is trading inside the inner one in orange. 👉What we are waiting for, as the price will be trading more higher, to be approaching our upper massive zone, upper bound of the channel, acting as an over-bought zone, lining up with 5500 strong round number, then we will be looking for new shorts as a correction movement. Unless price managed to trade lower till our rising trendline, then we will be looking for new longs as a trend-following one. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Shortby Hadi_karaali2
SPX500USD ( EFFECT CPI & FED RATE )SPX500USD Tendency the price is a long in 5,356 Turning level : The turning 5,356 , so as long as the price trending above this level, there will be a upward resistance level : trade above 5,356 , the price will up to 5,439 , then trending in this level it will reach 5,467 support level : braking a turning level 5,356 , and stable this level ,the price will reach the support level of 5,300 and 5,252 , if the price stable below 5,300 , the price change direction to the downtrend corrective level : price will attempt 5,356 , correct itself before long , then create a new historical price * WARNING today ,we have a CPI and FED rete it will huge impact the trade , the rate of CPI less than a % 3.4 we can see a new historical price Longby ArinaKarayi2
SPX500USD ( EFFECT NFP )SPX500USD Tendency the price effect downward pressure Turning level : The turning 5,336, so as long as the price trending above this level, there will be a bullish trend , but breaking this level the price it comes down ward pressure resistance level : trade above 5,336 , the price will up to 5,375, then trending in this level touch a 5,400 support level : braking a turning level 5,336 ,the price will reach the support level of 5,300 and 5,252 * today we have a NFP , news I urge the trader to trading very carefully Shortby ArinaKarayi3
Two Conflicting Patterns Form on S&P 500 During the last seven trading sessions, the S&P 500 has formed two candle patterns. With these patterns directly opposing each other, let’s explore which pattern is best placed to win out over the coming weeks. Start with the Bigger Picture Before we get into the individual price patterns, it is always a valuable exercise to zoom out on your price chart and start with the bigger picture. When we do this on the S&P 500, we see a market that has been locked in an uptrend since autumn 2023. After a deep retracement in April, the S&P 500 resumed this uptrend in May – retesting and briefly surpassing the highs reached in March. The March highs mark a key line in the sand for the short-term health of the S&P’s uptrend. S&P 500 Daily Candle Chart: Zoom Out Past performance is not a reliable indicator of future results Two Opposing Price Patterns Zooming into the daily candle chart highlights the two opposing price patterns that have formed on the S&P 500 during the last seven sessions: 1. Bearish Engulfing Pattern: On 23rd May, the S&P printed a large bearish engulfing candle which eclipsed the prior five days’ worth of trading ranges. The top of the bearish engulfing pattern now represents a key level of resistance for the market. 2. Bullish Engulfing Hammer Candle: On 31st May, the S&P formed a bullish engulfing hammer candle pattern. This pattern is a hybrid of the bullish engulfing and bullish hammer candle patterns. The low of this pattern now represents a key level of support for the market. S&P 500 Daily Candle Chart: Zoom In Past performance is not a reliable indicator of future results Which Pattern Will Win Out? Whilst we’re asking the question, the beauty of short-term trading is that we don’t need to care about the answer. The patterns have created two key levels in the market from which we can construct trade plans which represent a series of ‘if – then’ scenarios. For example: IF: the market retests the key support level created by the bullish engulfing and forms a bullish reversal pattern on a lower timeframe. THEN: I could look to initiate a long position with a stop below support. This is just one example of how you can use key levels created by higher timeframe patterns to construct trade plans that allow you to focus on executing trades on lower timeframes. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. by Capitalcom227
$SPX $SPY $QQQ The Last Time We Saw a Weekly Time Frame Bearish SP:SPX AMEX:SPY NASDAQ:QQQ The Last Time We Saw a Weekly Time Frame Bearish Divergence was… This is our first bearish divergence in RSI since December ’21/ Jan ’22…. And we took it back down to the mean at the 200 Week moving average…. Shortby SPYder_QQQueen_Trading119
SPX: jobs data aheadThe S&P 500 Index saw modest gains during the previous week, closing the month at the level of 5.277. The index marked an increase of 4.8% for the month. The index started the week with some volatility, starting the week with a decline to 5.306, then rebounded and maintained a generally positive trajectory. Still, year-to-date, the index gained 11.3% reflecting strong performance relative to the broader market trends over the year. Certainly, there has been some investor nervousness prior to the release of the PCE data, however, as there were no surprises on this side, the market optimism was brought back. It especially cherished Nvidia`s positive earnings last week, whose price was up by nearly 27% for the month. Another interesting data from the stock market showed that companies included in the S&P 500 repurchased more than $202 billion of their own stocks during the Q1, while analysts are noting that this trend might continue also during the course of this year. The developments from the last two weeks are showing that the index went out from the overbought momentum. There is probability for a short reversal, but it might take even a few weeks until the index enters into clear oversold momentum. A week ahead brings US non-farm payrolls and unemployment data, which might increase volatility. by XBTFX8
Watch Us Trade A Bear (or Bull for those in denial) MarketWe firmly believe that the major stock indexes have a very dire Macro outlook. We will not go into details here (see our other posts) but with the market heading for a downturn we thought it would be awesome to show other small retail investors (thats what we are) that there is nothing to fear. Well nothing to fear other than blowing up your account- we do not plan to do that though lol. Ok so we are going to keep this simple. Here goes: -We are going to take a small $500 account and grow it -We will only trade stocks, etfs, etc- NO OPTIONS TRADING -We will post a screenshot of our real positions- wins AND losses -We will chart the positions on trading view so we can track the progress in real time BTW- the screenshots are all the proof we will provide that the trades are real. We dont care if someone thinks its fake And thats it... We will begin at market open on 05/14/24 by Heartbeat_TradingUpdated 21