Yesterday’s FOMC meeting ended as widely anticipated, with no change to monetary policy. During the press conference, the FED’s chairman reiterated the central bank’s commitment to bringing inflation under control and outlined a strong economy and tight labor market. Jerome Powell also described inflation as being on a downward trajectory and explained the need to...
Price had a strong daily close today. Price disrespected the bearish orderblock by closing above it. I want to see discount H4/H1 levels respected to then look for M15/M5 bullish displacement to trigger long. Target PDH and PWH.
After last weeks incredible failed breakdown we blasted back to the upside in which case I am sure took a lot of traders off guards. This week i will be looking for areas of supply on pullbacks and continue to buy this trend to the upside. With most data being out of the way lets look forward to the new year!!!!
Overview ES is currently trading within a range from 4541 to 4508. Should the levels of 4500-4508 remain supportive, the next upward target is the supply zone around 4555. If it falls below 4500, a noteworthy area is approximately at 4485. Further down, there's a significant break and retest zone at around 4430. Key Levels Range: 4508-4541 Supply: 4555 Area of...
ES Hourly - Simple Analysis. To keep it as simple as possible: 4365 is a key level as clearly depicted. While we are below it, there is bearish sentiment. Above it, bullish. ~4345 is a one hour demand zone because this is where price was able to fill the gap, while also having a strong push above a previous high and breaking above prior resistance. Price has...
As long 4230 holds or reclaimed, 4380 / 4395 in play Approaching key resistance around 4315-4328 (Swing high from Aug) Read more details on the chart.
CME_MINI:ES1! CME_MINI:ES1! has broken resistance as Wall Street continues to monitor the situation surrounding the debt ceiling with hopes of a deal being reached. This breakout needs to hold via a retest or Bullish pullback for Stocks upside. If it's a fake out, look for potential shorts via LTF e.g. 4h CRYPTOCAP:BTC is like a tech stock and when it's...
Short & Sweet My 1Hr Long Take of the ES Futures Channel Trend Continuation failing to break the lower channel/bear flag Wedge into and over 4180 holding it and the lower channel trend as support
Today the S&P500 (ES1!) is trading at 4124. Yesterday, at the market opening, we saw the index rise and then further stabilize with high volatility, which I mentioned to you earlier. However, the volatility was higher than I expected, but that doesn’t change anything. Currently, the market has all the chances to continue a sharp upward surge, with the key level...
#ES1 looks like supporting on the channel... Expecting a deviation squize... Thats all you have to know on HTF... DXY wants to squize 1 more time on LTF... Lets see how we close the market today...
S&P 500 EMA about to cross HA Trend Follow upwards. Exit at upper BB
Looking at the chart of ES1! right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
ES1! Aiming to go back above 4,000 as it bounces off support. We see support being found right above the 0.5 Fib. retracement level, matching MA200 with a strong RSI. This can lead to a retest of resistance. Namaste.
CME_MINI:ESZ2022 S&P took out the last low wich means that the liquidity is taken from de sell side. Thats why i expect that price will go higher.
There was a lot of call/buy momentum from mid-day to the bell. After hours is irrelevant, I foresee a drop in the 10-yr this week, oil appears to be trending down and I could see that fueling the equity markets. Biden also spoke tonight, he said "People" a lot. Not expecting it to make any influence on the market. Powell speaks end of the Month, my guess is...
Long s&p500 from 4150 to 5000. Big bet. Start of the final rally.
A LONG SCENARIO We see the RED numbers. They show the Pendulum Swings. Then we see the BLUE numbers, showing the minor Pivot Swings. For both I apply the 0 - 5 rule. This means, if 5 is reached, a turn is highly potential. The problem here is, that you don't know then the 5 is over. From the RED perspective, the market has not jet reached it's low. But from...
A good trader has to adopt for the change in trading environment. the so long correction in s&p500 index is in a wedge shaped and now broke-out with 5 waves. the 1st confirmation for bullishness (formation of wave''E'') is set as this BO (5waves)exceeded 62% of wave 'D'. wait for 2nd confirmation ,a pullback up to 38% of new wave 'A '(4455)this week (FED int...