SPY ETF Approaching Critical Resistance Amid Bearish Signals The SPDR S&P 500 ETF Trust (SPY) has been a focal point for investors seeking exposure to the broader equity market. However, recent indicators suggest a potential shift in sentiment as the ETF nears significant resistance levels, hinting at a looming bearish turn. As of late, SPY has been on a...
Chart is self-explanatory: Confluences: Deep Crab PRX Top of the Parallel Channel 1.618 of the move from 4612 to 4100 Bear Div on RSI if We get a move down in coming weeks
technical analysis). traders are you looking for a bearish trandline gold Market this week gold fullback down 👇 1980? Gold seller reject the resistance levels breakdown I think 💬 gold moving down 2040 fullback down 1980 Fundamental Analysis of Gold FXOPEN:XAUUSD TVC:DXY The outlook created by the fundamental analysis of the gold market remains...
Engaged shorts as shown in the chart. 4613 seems like a reasonable level for SPX500 in the short term, which I am referring to within a month. The expectation for earning and central bank moves are just too aggressive.
EUR JPY traders are thinking 🤔💭 a bearish flag retest resistance levels breakdown fullback down 👇 Entry 161.013 Target 159.367 Safe trade ❣️🙏 pales like 👍 and comments
Hello trader’s what do you think about USDJPY) ? Traders are buying the tans Lines breakout now waiting retest fullback up ⬆️ Entry 143.999 Target 146.441 Target 149.799 safe trade ❤️💙 pales like 👍🏻 and comments 📝
SPX will be the first update from TheTradersRoom. SPX has hit its desired target we have called yesterday - 4904.50-4909.50 So I call it a perfect hit. Today's reversal came on a heavy selling, also got a black reversal daily closing SPX candle, which if not broken 1c above should mark at least a temporary top. If the price did find its top, then tomorrow's open...
AMEX:SPY Bull Flag on the 30-Minute Chart: Wait for a breakout to go long. If this bull flag fails, the best moves often come from failed moves. The entire upward move since January 17, 2024, may experience a retracement
The bullish run of the S&P is really hard to believe. From the low of 4100, it has posted a return of close to 20% over the last 3 months. The market will always have correction, so we need to understand what is the best place to take a counter trend. There is a big pattern to sell at the current price, but the stop loss needs to be above 5000. The risk to...
Hello trader’s what do you think about EURUSD) ? traders are you looking 👀 dxy 3 . 100 eurusd fullback down selling zoon Entry 1.9329 Target 1.07200 Sl 1.10207 Safe trade 💙❤️ pales like 👍🏻 and comments 📝
Hello trader’s what do you think about GBPUSD) ? FX:GBPUSD traders are doing a bearish flag gbpusd bearish momentum on this week fullback down 1.25327) Entry Level 1.28375 Take profits 1.26595 Take profits 1.25014 safe trade 💙❤️ pales like 👍🏻 and comments 📝 FX:GBPUSD
Hello trader’s what do you think about AUDJPY) ? traders are you looking 👀 trandline hit fullback up ⬆️ my price points 96.519 wait down retest update you will ) Entry 96.519 Target 97.431 Target 97.799 Safe trade ❤️💙 pales like 👍🏻 and comments 📝
Whenever this occurs, it signals the bottom of the market. In this weekly chart, the blue line represents the 50 Simple Moving Average (SMA) and the black line represents the 100 SMA. As we can see the 50 has inverted the 100. Whenever the 50 crosses below the 100 on the weekly chart and then price moves above the 50, the market doesn't set a new low until a new...
SPX500 will soon hit A horizontal resistance Level of 4795.2 and After the retest we will Be expecting a move down !
What's on the chart? 1) An old high that marked a strong year for 2023. 2) A rebound in a weekly FVG that earlier served as a bullish signal for prior trading sessions. 3) In the process of that rebound, a 4H bullish FVG was formed which will serve as our target area + fibs. 4) The 2023 high was broken. 5) IMPORTANT: the new high wasn't taken out. Hmmm.....
The SPX is getting close to a major resistance that has rejected it several times since we got under it. Those who have seen my other ideas know that I am bullish on the market and I do expect us to break the resistance to the upside. If you want to know why I am bullish, see the ideas linked below. Obviously it would be bearish if we get rejected here...
SPX500 went up and hit A horizontal resistance of 4770 From where we are seeing A bearish reaction so I think That we will see a move down !
Dear Esteemed Members, The supertrend was bullish, but two sell signals concluded with a bearish price action. The rejections happened around the resistance level from a previous top. The price is now below the upper green support level. I think the S&P 500 market will reach the next support level: around $4600. So, I'd consider a short position. You can...