Hellllooo! I just analyse the US30 chart and I am looking a good sell here if you trust on my analysis so comeon let's book this opportunity together!!!
Is US500 exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 4840. What you guys think of it?
Hello Traders, welcome to today's analysis of S&P500. -------- Explanation of my chart analysis: The S&P500 has been rallying for the entire year of 2023. Many people do expect a correction but the charts are still looking pretty bullish. If we see a breakout above the previous all time high at $4.700, I do expect a rally back to the upper resistance of the...
Hi Traders! SPX looks to have fallen short of the record high, and there could potentially be a big pullback that is about to occur. Here are the details: There is an evening star candle pattern currently on the 1W chart, and this is the first week the market's weekly open price has opened substantially lower than the previous week's closing price in about 8...
Price has been consolidating at a major Resistance level where price has dropped dramatically in the past. Short positions between 4600-4630 zone. Targets @ 4395 & 4330 Confluences: Consolidation under Resistance, Hanging Man candle on the weekly timeframe hinting at signs that buyers are losing steam, evidence of Divergence, 50MA and 200MA are at the .50 and .382...
Hi Traders! There is bullish momentum on the SPX as the market has been at its highest level in ten weeks. Price Action 📊 After the previous resistance break above 4393.57, the market gapped to the upside to start the trading week, and the bullish momentum has continued. We are looking for further bullish momentum to target September's high at...
Hi Traders! There is a potential double top pattern formed on the 1D S&P500 chart, and there is potential for further moves to the downside depending on whether we get another price rejection at the important 4393.57 level, which is the 4-week high. Price Action 📊 The market has had a big price rejection around the 4393.57 level and has now reached that level...
SP500 for my scenario is bullish because, I think we just created a consolidation which we broke above and also the market has been going down for a while. So I think it should reverse anytime soon. However, DYOR and if you can, let me know about how you see the chart.
Hello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience. I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings. I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
US100 H1 🇺🇸 We have our preferred sell zone at 14650 and our preferred buy zone at 14490 ish. In-between, we have a bit of a resistance price at this current price of 14600. Interested to see whether we breach this 600 price or not. Whilst US stocks are climbing higher, S&P breaking resistance price of 4150, the NASDAQ has been climbing since December 2022, it...
Hey Traders, This is the setup that spot the bearish continuation for those that missed the first trade opportunity on S&P 500. Watch out for the pullback to the supply zone.
New home sales in June fell to the lowest level since April 2020, reflecting declining builder sentiment as construction bottlenecks continue to slow new home building and raise housing costs. Sales of newly built, single-family homes in June fell 8.1% to a 590,000 seasonally adjusted annual rate from a sharply downwardly revised reading in May, according to...
Looking to sell us500. Sellside liquidity. Also, it has a SMT divergence with NASDAQ. The entry is gonna be on 5 min chart.
US500: Why Will Lower CPI Data Help The Stocks Recover? The US500 and all other indices reacted very well after the U.S reported CPI data, lower than expected. During the last FOMC, Powell said that the Fed will continue to raise interest rates until the Inflation Rate is brought under control. He also emphasized that they will increase the interest rate...
US500 : Another Bearish Movement Is Possible Price is moving in a potential WXYXZ correction. Now the price is developing the X wave again. Now it is very close to the potential reversal zone and the bearish movement looks closer now. We should remember that USD is still very strong. Thank you and Good Luck!
US500 | A Small Correction Before The Next Crash All the market is going a bit crazy these days. On indices, it has been a bit more stable when it comes to technical perspective. the price has moved lower but it has respected the technical perspective related to the price movement. Today we can see that the price is already correcting and this is showing...