Forex_Times

πŸ’‘ S&P500: analytical review for September 20-24.

Long
πŸ“Œ Over the course of last week's trade, large participants stealthily gained buy positions, increasing the net bullish outperformance by 57%.
A 33% increase in investors' locked positions suggests the likelihood of asset prices moving in the price channel during the new trading week.
πŸ“ The main scenario for next week is a retest of the important option support at the price level of 4400.0 and a subsequent rise to the market maker balance (4460.0).
In case of breakdown and fixation above the option level at 4460.0 we expect a continuation of long term growth with medium term target,- loss of the market maker (4583.2).
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Trade active:
πŸ’Ž S&P500: the market maker is systematically lowering the balance sheet. Key support for Monday 20 September is the limit buyer (4360.9).
βš™οΈ The main scenario is a successful test of this support and a subsequent rise to the limit seller (4446.9).
In case of breakdown and fixation below the 4360.9 price level, the subsequent support for today will be the loss of the market maker (4335.4).
πŸ’‘ On breakdown and consolidation above the limit seller level (4446.9), the mid-term upside target will be the market maker balance level (4460.0).
Trade active:
⚠️ S&P500: market maker loss tested, what next? During the US trading session on Monday, September 20, the asset consolidated above the market maker's minimum profitability level (4313.1).
✍️ The key support for today is the limit buyer (4337.4).
♻️ With the formation of a buy pattern near the price point of 4337.4 we expect a further rise to the close of the currency day with the target being the limit seller (4436.2).
Trade active:
πŸ“ S&P500: balance of the week dynamically declining. πŸ’‘ Marketmaker's weekly balance is dynamically declining. So over the past 24 hours, the indicated option level has declined from 4420.0 to 4410.0.
πŸ“Œ If the weekly balance (4410.0) is secured below it, we expect a decline to the limit buy (4376.5).
In case of successful test of limit buyer (4376.5), expect a rise with nearest target,- limit seller (4419.2).
Trade active:
πŸ’‘ S&P500: marketmaker balance is systematically rising. πŸ“ The nearest support for today is the limit buyer (4435.8).
πŸ“Œ If this support is reached, we expect formation of a buy pattern and subsequent upside with targets: limit seller (4460.4) and market maker loss (4435.8).
On breakdown and fixation below the 4435.8 price point, we expect a decline to the market maker's balance (4420.0).
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