SNP500 Bulls will need to defend 3521. If price action starts consolidating below 3521, then we could get a lower degree pullback and breakout for the next motive wave down.
Hello traders, welcome to this S&P 500 update. This is my first time analyzing the S&P 500 and I hope it will be helpful. To analyze this chart, I am using the 21 monthly moving average and the kiss of death pattern. The S&P 500 is on its way to making a bearish move and it got stronger after the price got rejected below the 21 MA. The actual confirmation came...
After policymakers have shown more appetite for interest rate hikes, S&P500 recorded its lowest close in almost two years and it is 24% down from its record high. The technical indicators on 1H graph are also putting the index into bear territory, with MACD histogram below 0 and keeps decreasing and RSI well below 50 neutral line. If the downtrend continues, the...
SNP 500 looks like going to start real fall. ready to real turbulence. Good Luck Chart is for 10 days.
S&P500 Peaked 4800, with pull backs to 4630. Current pullback to 4300 and we're seeing a huge drop to close the week. China's earnings report brought some storm to the market, shaking the bear rally. 1. Inflation has not gotten any better - it just stayed flat MoM 2. Rate hikes expected to continue to tackle inflation 3. Market structure still maintaining a down...
We are definitely in the middle of a correction on this one and too little time and too little ground had been lost to say that SPX has reached bottom. There is still more to go, and Elliott is showing us exactly that without the need to perform security analysis. We are not in the business of getting every prediction right, no one ever does and that is not the...
Today we are here to talk about the SPX 500 index Today: The index is trading at 3911 and we saw a sharp rise yesterday. During the last trading session, the market moved into the expected zone at the level of 3850 and consolidated significantly above it. Here is a link to the idea. Today: I expect the development of a correction in the market and price...
Today we're here to talk about the SPX 500 index Today: The index is trading at 3795 and yesterday we saw the market attempt to move up to the 3850 level. Here is a link to the idea. Today, market participants will continue to push the market to the 38 50 zone. Where I expect the formation of a new local peak. Today we are waiting: Today, like yesterday,...
Today we're here to talk about the SPX 500 index Today: The index is trading at 3674 and we saw stabilization in the last trading session. Now the market is in the zone of consolidation with subsequent exit from it to the level of 3550 - 3480. Negative phenomena continue to be observed on the market. Bulk sales are still ahead. Today we are waiting: Today we...
Today we're here to talk about the SPX 500 index Today: The index is trading at 3666 and in the last trading session we saw a sharp drop from the local high that I mentioned earlier, here is a link to the idea. Now is the worst time to buy in the market. The market is still waiting for big sales. Today we are waiting: Today we are waiting for an attempt...
Today we're here to talk about the SPX 500 index Today: The index is trading at 3735 and in the last trading session we saw a movement to the target zone of 3700. Here is a link to the idea. However I believe the market has not reached its bottom yet. Sales are still possible on the market. Today we are waiting: Today we are waiting for an attempt to move...
Today we're here to talk about the SPX 500 index Today: The index is trading at 3750 and in the last trading session we saw the sharp drop that I mentioned earlier here is the link to the idea. Now the market is undergoing a period of stabilization, but there will still be sales ahead of the market. Today we are waiting: Today we are waiting for an...
Watching this level if price trades back into it at New York open 8:00AM-10:00AM.... if the 3800 level is still not traded to I will be watching for a setup at the green level... looking for a short to take out the SSL at the 3800 level.
Today's bearish daily was confirmation that the rally was just but bear market rally and I expect further downside before the 'bottom'. Targeting the 3600 zone...from there Il asses again. The R on this trade is 2.9.
It's bull market time and we are in its early stages, but you can make money in a falling market, right? Not an investment idea. All profitable trades. Follow me and more likes please ❤
Today we are here to talk about the SXP 500 index. Today: The index is trading at 4001 and we saw price stabilization in the last trading session. And also we see the beginning of profit-taking from shorts. But today we expect a sharp move down. What's on the market now: Globally, the index goes to 3850. And I believe that it will be at this level around May...
Today we are here to talk about the SXP 500 index. Today: The index is trading at 4300. In the last trading session, we saw a sharp move up, due to the decision of the US Federal Reserve. Although I could imagine something like this. And yet it was very powerful. Link to idea below. What's on the market now: Now the market is experiencing growth caused by the...
Today we are here to talk about the SXP500 index. Today: The index is trading at 4200. In the last trading session, we saw a drop in price and a correction that we did not expect before. What's on the market now: Globally, the market moves to the 3780 zone. And yesterday it formed a local bottom at the price of 4170. What are we waiting for today: Today we...