In my previous analysis I suggested a short term pullback to 3440. Now that the correction is over I am looking to the upside. See my previous analysis here: Targets are based on structure and previous all time highs. Good luck
We are extremely close to the 3500 extended target that I have been mentioning for weeks in my previous ES/SPX ideas (see below). Bulls seem to be losing strength up here, so I will be looking for short opportunities this week. Initial target is 3440-3445.
Perfect inverse H&S buy it
I am still extremely bullish and expect a push to 3500 by the end of next week--although at this rate we will get there by Monday. I drew up a couple scenarios. Given the strong bullish momentum, I am favoring the RED scenario. Will post updates if it changes. Previous Idea:
Nice long opportunity here. I plan to begin a starter position and then average down if we retrace deeper at the buy levels. Targets are $80.50 and $81.50
Price is pushing up against a clear pivot. A break above should lead to an influx of buyers. I also checked the balance sheets and they look really good.
Textbook double bottom. Bullish confirmation with break of neckline. I analyzed all of the fundamentals. great balance sheet.
See callouts on the chart ✈️
Last week I shared a buying opportunity within the large channel here: This week I continued to look for long opportunities based on this recent analysis: While I remain bullish this month, there is still a possibility that we will experience a quick correction before we see continuation to the upside. Tomorrow morning job data is released before cash...
In my post last week I shared a bullish setup with three targets--two of which have been reached in a matter of days. With the upcoming election I think stimulus and/or vaccine news in the near future is imminent and either would provide a perfect catalyst for a massive short squeeze with a target of $3500. Reaching this levels in the next month is quite unlikely...
Possible countertrend long opportunity: -4H Bullish engulfing candle supported by volume (See Volume indicator & Volume Profile ) -Bounce from downtrend channel support Three target levels: $3300, $3325, $3355 As I mentioned in my previous post on September 22, each of these long targets should be treated as potential reversal/continuation levels to the...
Here we have an opportunity to open longs as a short-term countertrend trade. Three targets: $3295, $3315, $3340 Keep in mind that the larger trend is still bearish, so each long target should also be treated as a potential short entry.
Here we have a textbook example of a bullish ascending triangle with a breakout above resistance as confirmation. $3600 Initial Target $3800 Extended Target
Textbook Bull Flag formation with a breakout and retest of horizontal structure. Four targets: 1) $29.40 2) $29.90 3) $30.80 4) $31.80
SPX is forming another Megaphone pattern like it has done multiple times in the past few months: If we don't see a break to the upside here then another leg down is possible. I will be looking to enter long positions on any dips. I remain bullish with the following targets Initial Target: $3160 Secondary Target: $3120 Extended Targets: $3220-$3230 Stay...
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