A look at a bullish trend continuation opportunity on the S&P 500 explaining why the current period of relief is happening & how to go about predicting how long it's likely to last.
If you have any questions or comments feel free to leave them below.
Akil
This video explains how to use the futures and index RPPI indicator.
The indicator is available here:
As always, leave your questions and suggestions below or on the indicator page!
Safe trades!
MSFT saw a nasty reversal today. Closing down more than the Nasdaq.
All indices close negative = broad market selloff.
Powell comes out hawkish & sends market lower.
All eyes on Apple tomorrow!
This is the analysis for SPY weekly. It has momentum in it and I am bullish.
Trade with SLs but it has momentum on every single time frame.
NOTE:IT HAS BULLISH MOMENTUM
More bearish signs emerge except there are 3 lonely indicators that are bullish while the rest along with cycles are bearish AF. Also the MACD is patiently waiting for the Dollar DXY to make up its mind on direction. Odds favor Dollar to move up, which mean all else down....
this is a quick rundown of my predicted movements on the spy for the next hour until closing.
Tommarro will show us whether the trend continues or we reverse to head back up and try to break 480 again
I have clearly explained the levels for SPY, and this is how one should plan your trade. It is giving signs to go up but understand that nobody is superior than the market & we always need to have our STOPS on.
NOTE:STOPS IS YOUR KEY TO SUCCESS
There is a 25% bullish signals and 75% bearish signals, however... it seems that late Q1 is when fireworks really begin and whatever we see this week is a practice run.
I have clearly explained and have shared the screen shots for the very last time of my trades in this video.
Always be on the right side of the market.
NOTE:ALL TIME HIGH ON THE WAY FOR SPY
This is my analysis for SPY this week and if you have any questions feel free to leave your comment here.
I am expecting a deeper retracement for now. All the levels have been discussed in this analysis.
NOTE: UNDERSTAND & THEN TRADE WITH PROPER RR.
Sort of recap/sort of update thing on various stocks, some by request.
Timestamps for your interest:
0:40: SPY
3:35: TLT
8:00: AMZN
10:40 MSFT
14:00 NVDA
Thanks for watching and feel free to share your questions/comments below!
Happy new year. Lets welcome 2024 with proper understanding of market. I have explained my levels clearly in this analysis. If you have any doubts let me know.
NOTE: RETRACEMENT SHOULD COME
Welcome back! Let me know your thoughts in the comments!
** SPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
