As I said in my previous SP500 analysis, 3500 should be a great sell zone for bears. The index reached that zone, has reversed and now is trading just above 3250 support zone. A small rally should be expected now and bears have a new opportunity for opening trades around 3400 I maintain my target of 3k for this index and only a new all-time high would change my perspective
Well... We have news today that Trump is positive. He is always positive, so now he have a time to trade, so... My fundamental opinion is that he and his comrades will pump the market near resistence area. Also it depends on DXY value, but with all that printing... I'm not an optimist.
So S&P 500 is not looking good on the weekly chart right now. We got a bull run in 2020 up until 3600 and closed the candle with a long wick, which is bearish in my dictionary. So if we start to correct right now, let's check the trend. The Trend is broken by this week. It was not healthy as you can see. What says the indicators? RSI is since 2018 in a bearish...
And don't forget to take your profits...
Zone Sell : 3004 Target : 2970 Zone Sell : 2954.75 Target : 2935 And don't forget to take your profits...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Hi, After listening to some trusted resources, I am in agreement that this range of 3000 to 3200 will be when major profit taking will occur. Its also the same time where dumb money will feel comfortable coming back in, thanks to the media promoting the financial markets lately. It is also in alignment with the inverted BARR target. What do they say? Morgan...
Hi guys this is my idea for SP500 index, Stop loss at 2960 because it could go for new high's at 3100 if liquidity will came in Markets seems that they have lost momentum, so I expect a retracement at 2650, that is short term target trading range for next weeks would be 2650-2900, medium term target is March's low, and if it breaks that support next support is ...
The S&P500 is enduring tense economic times with high money injection. If next week S&P500 crosses 2690 a critical support level with high volume ==> It will be bad that may trigger a market selling panic with volume stop losses executed downward. However, if the S&P500 continues its uptrend movement and crosses 2872 with strong volume, the next resistance and...
SPX Risk Range - 12:30:05 (UTC) Tue Apr 14, 2020
The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line According to Stochastic and RSI, the declines have not yet come to an end. Right now the...
Traders we do not like to write more. The prediction of the price you can find on chart! Regards, Team Traders "Powerful Traders"
The S&P 500 has being in a bad selling. From starting Monday 24th February 2020 - Friday 28th February 2020. The stock has been free fall. Stock investor in a fear. Panic. They was selling the stock and the sell out has been in significant by Thursday 27th February 2020. No buyer in the market this week. Sharp fall down price from S&P to the wall street indices....
How to trade S&P 500 e-mini futures using supply and demand imbalances. S&P 500 e-mini futures? S&P500 futures has broken all time highs ever again and it is offering new buy trade opportunities with long term weekly demand level around 2950 in control. No shorts are allowed, only longs at new levels of demand. If you are trading other trading strategies or...
Serious resistance at $ 3030 that succeeded in 3 attempts. At the moment in H4, a double top template was created Stochastic at maximum level with the intersection of lines. For all of the above reasons, we recommend a sell trade with a target of 2940 and a target can grow as the SP progress.