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1 hour ago

if you need general market guidance, have a look at elliottwavetrader.net market update.

2 hours ago

nice EOD play, that block up top was the entry for puts. Glad that dropped like it did. My only trade today and it printed. Enjoy your afternoon.

carsoncbarbour

2 hours ago

They took my money today

ColdboneK10

2 hours ago

Notice this consistent trend on the 2 hour time frame with the indicators I use. Looking forward to testing it out on the next dip

Markovic_VascoView

2 hours ago

H1 Timeframe SP500 price is approaching POC 1, which is acting as a high-volume resistance zone. Although the overall structure has been bullish, this area presents a strong possibility for seller activation.

Sell Setup Conditions The bearish setup will become valid if, near POC 1:
RSI moves into the overbought zone (70+)

A clear bearish confirmation appears, such as:
Bearish Engulfing, Shooting Star, Strong sell side momentum / rejection

Once these conditions align, a sell opportunity is expected.

Targets Major / Primary Target: POC 2 (main volume magnet) Extended Target: POC 3 (only if bearish momentum continues strongly)

Market Logic:
POC levels act as strong price magnets due to heavy traded volume. A rejection from POC 1 increases the probability of price rotating back toward POC 2, which remains our main and safest target.

Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk, and market conditions can change at any time. Always wait for proper confirmation and manage your risk accordingly. The author is not responsible for any losses incurred.