Hey Everyone, The Market is recovering, I think finish Negativity, or at least for some time.. so don't miss your opportunity. Good Opportunity on the S&P 500 Targeting 4595 and 4800$ NFA, DYOR, & Good luck.
Since the beginning of the year, SP500 lost almost 20% of its value from top to bottom (close to entering bear market territory) However, the drop from the top looks corrective and 4100 can very well be the end of this correction. Technically, the drop under 4250-4270 support was quickly reversed and is a false break and, if SP500 manages to break back above 4400,...
Hello Guys, this is a quick update on SP500. Last time I left you calling the double top and evening star pattern while many were expecting higher prices and possibly new highs. As you can see the double top has worked perfectly passing its target of 430. What can we see now? SPY has formed a perfect Head n Shoulder top. This is extremely bearish...if validated....
After dropping to 4250 in January, SP500 has started to recover and has risen to 4600 confluence resistance given by a falling trend line and a horizontal level. A correction followed this move and, again, SP has stopped its descent in 4450 newly formed support. If the 15% drop from the beginning of the year was just a correction or the beginning of a medium-term...
recent bounce seems too high vs the ATH for this move to be an ABC but it is still possible that ABC can happen, but after doing EW analysis on 4H I see a new pattern emerging and we can remain strong above the 1.618 fib extension then chances are 2.618% fib lvl will be tested for the final W5 larger HTF move 2.618 around 5,700
SPX500 Short Setup 🔵 Entry Level: $4486.0 🟢 Take Profit: $4426.9 (1.28R) ⛔ Stop Loss: $4532.1 Reasons: - Reaching resistance level at $4485 - Expecting either divergence or highly overbought level on the PVS Indicator by the time price reaches that level. Game plan: If the price flips this resistance into support (tests it), I may close the trade prematurely...
S&P 500 on major breakout level Of it break the level it will go up and will make new or it go down again If it sustained on above breakout level it will make boom.
My super smart highly educated fin twit buddy is telling me 4400 is coming b4 any pull back. But IDK TBH I see the waves as complete and W4 should ensue very soon. So Im just open my LT trades and I am trading in and out quickly as we all know from EW wave 4 can be brutal. Or can be quickly bought up so this uncertain aspect of stocks leaves me kinda on the side...
Following the major trend that started April 20 S&P 500 E-mini Futures is still soaring high TP1 : 4202.40 TP2 : 4232.00
SPX500 Long Setup 🔵 Entry: $3,911.9 🟢 TP & RR: $3,954.0 (2.48) ⛔ Stop Loss: $3,894.9 REASONS FOR THE TRADE ✔️ Market Flow Indicator went green ✔️ Trade in direction of the trend 📝 Not much to analyse here aside that it's a trade based on my system. With that being said the price may drop down to the support level, where I will be looking to open a long order again.
SPX500 - Short Position(s) Entries: $3,784.4 / 3826.8 TP & RR: $3,728.8 (3.29 / 4.12) Stop Loss Levels: $3,801.3 / $3,850.6 REASONS FOR THE TRADE I think it's time for the SPX500 to take a break from this bull run. As such, I am expecting that price will reach either of the two levels that I would like to short. The Risk:Reward Ratio is favorable and the...
In240 minutes chart of the uptrend from the range of 3511 to 3833 is in the form of 3 waves which confirms the scenario of the formation of the Diagonal pattern. Currently, to get the the confirmation of the downtrend,the price should not cross the range of 3841,because the 3rd wave should not be shorter than the other waves. By crossing the price from this...
S&P 500 Ascending Channel - Long Position Entry: $3,795.3 TP & RR: $3,873.6 (3.26) Stop Loss: $3,771.3 REASONS FOR THE TRADE I believe the price will respect the lower trendline in this ascending channel and will continue trending up. Initially, we had the order at a lower level, but it seemed that we wouldn't get a fill, so we trialed it up. Needless to...
Let take this buy Short term analysis
Detail @ The Chart
After a nice Pin Bar in support followed by a 4 days uprun is time for the "hanging man" to give us a warning... Friday's session was dominated by NFP's volatility and I wouldn't have paid much attention to this candle if it hadn't been in resistance. I expect 3500 zone to be a hard zone to pass by bulls and the index could fall to at least 3200 in the next 2-3...