Forex_Times

πŸ’‘ S&P500: medium term analysis for September 27 - October 1.

Short
CURRENCYCOM:US500   US 500
πŸ“ Over the last trading week, the bullish outperformance has decreased by 8%.
According to new CoT reports, the market volume decreased by 18%, indicating a weak downside during the new trading week.
Investors reduced locked positions by 55%, confirming our assumption of a likely unidirectional movement of the asset quotations during the new trading week.
πŸ“Œ The closest resistance level to trade within the trading week is the strike level of the weekly hedge resistance area (4500.0).
In case of formation of a sell pattern near this option resistance, we expect a further decline with the target, the level of the weekly balance (4430.0).
In case of break and fixation below the mentioned price level we expect long-term decrease with the target benchmark,- marketmaker's loss level (4309.1).
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Trade active:
πŸ’Ž S&P500: how deep is the sellers' rabbit hole? Key resistance for Monday, September 27, is the limit seller (4486.8).
βš™οΈ The main scenario is a successful test of the mentioned resistance and subsequent decline to the limit buyer (4432.0).
In case of breakdown and fixation below the price level of 4432.0 the next support for today will be the market maker balance level (4430.0).
Trade active:
πŸ“Œ S&P500: speculators intend to sell intraday? tradingview.com/chart/US500/6asmU0rk-S-P500-speculators-intend-to-sell-intraday/
⚠️ The nearest resistance for today is the limit seller (4462.2).
In case of a rebound from the mentioned option resistance, we expect a further decline to reach the balance of the week level (4430.0).
πŸ“ In case of breakdown and fixation below the weekly balance level (4430.0) the next downside target is the limit buyer (4416.3).
Trade active:
⚠️ S&P500: corrective decline in full swing? The nearest resistance for today is the limit seller (4395.1).
The close balance of the week (4420.0) further strengthens it.
πŸ’  In case of successful test of the mentioned option resistance we expect formation of sell pattern with targets: balance of the day (4343.8) and market maker loss (4315.1).
Trade active:
♻️ S&P500: have consolidated below market maker balance. πŸ‘‰ The nearest resistance level for today is the limit seller (4393.5).
πŸ“ The main scenario for today is the formation of a sell pattern near the balance of the week (4410.0).
The ultimate downside target before the close of the trading day is the limit buyer (4342.3).
Trade active:
πŸ“Š S&P500: entrenched in market maker's loss zone. The nearest support for today is a limit buyer (4268.8).
βš™οΈ In case of a successful test of the level of most bullish speculative interest intraday (4268.0), expect a rise with the target,- limit seller (4317.1).
πŸ”Ή On breakdown and consolidation above limit seller level (4317.1) expect further upside with target,- balance of the week (4385.0).
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