SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,207.14 which is a pullback support. Stop loss is at 5,150.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 5,282.20 which is a pullback resistance that aligns with the...
The SPX500 has moved into an area where there is overhead resistance. If the short-term momentum holds with the stochastic remaining in its upper quartile, the index should overcome the resistance. However, a swift turnaround in the stochastic will see the overhead resistance holding out. This video is intended for the users of Stratos Markets Limited, Stratos...
Hello Traders and Investors, today I will take a look at the S&P500 . -------- Explanation of my video analysis: Fore more than a decade, the S&P500 has been trading in a pretty clean rising channel formation. We had the last retest of support in 2022, which was followed by bullish confirmation and a rally of +45% in 1.5 years. At the moment the S&P500 is...
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
Today's focus: SPX500 Pattern – Continuation Support – 5211 Resistance – 5267 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at SPX500 on its daily chart. Today, we wonder if the SPX500 can maintain its current bullish bias and possibly test or break all-time highs. Yesterday, buyers fought back after the PPI data, helped by...
I am expecting price to retrace and range this week until the release of WED Economic News. BUY Prior to that, if we see substantial retracement into 5180, I am looking to take a long position, granted that there's PA or pattern confirmation. IF OTHERWISE, and price break to trade much lower into 5120, I am looking to long as this is IMO the max retracement...
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
The SPX500 daily chart has a positivity associated with it. However, the hourly chart has pulled back to the point that is tending towards oversold. This may set up a potential "dip in the uptrend" scenario. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
The hourly chart is showing signs of froth, which may result in a short-term pull back. However, the daily chart is showing positive momentum. Therefore a short-term pullback may make the support areas compelling. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
Join FXCM senior market specialist Russell Shor for the morning market review.
Join FXCM senior market specialist Russell Shor for the morning market review.
Join FXCM senior market specialist Russell Shor for the morning market review.
Join FXCM senior market specialist Russell Shor for the morning market review.
Trader Tom, an investing.com technical analyst explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please join us and hit the boost button.
Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
Trade Recap on US500 03/05/24 Key Lesson for today - Understand the 5min story and the 1min story. Have Valid BOS, not just any random candles breaking structure.
I have analyzed the SPX using 2 common indicators; i.e. RSI and breadth above 200d SMA. A very similar setup was seen just before the 2018 correction and the 2020 crash. This recent rally of past 5 months is bigger and more irrational than the previous two rallies. Thus, we should expect a bigger move down over the long-term.
The SPX500 has lost momentum since yesterday. If the hourly RSI remains below 50, we may see lower prices in the short-term. Keep an eye on the daily RSI because if that slips it will affect the higher time frame's momentum. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...