The index may want to touch the Fibonacci 1 channel again if it can break the burgundy resistance with its horizontal resistance. In this case, too, the target will be 3400 levels. However, this could also be the endpoints for the rise. Prices may come in contact with the Fibonacci channel 0.726, seeking to realize the rising profits after COVID-19. It contains...
The buying wave that started as a result of a big sales wave and central banks giving the market plenty of money seems to have carried the index to its old peak. The fact that it has reached these points without any correction is a bit thought-provoking, as the markets normally move in volatility (ups and downs coexist). Therefore, if the index fails to break...
The FMI has anonced, that be careful because there are very large bubbles in the debt and equity markets. My principal Scenario show me a rejection of the price around 3,150 points. The loss of 2,900 that would entail the loss of the previous minimum level where a rejection candle emerged + the loss of the long-term bullish channel. Show me that we are going to...
And don't forget to take your profits...
Can the second coronavirus wave anxiety and protests trigger the rising wedge formation despite the FED and force the index to retreat to 2770 ? if it's true, a very negative week will be waiting for us ... Only personal opinions and ideas. Does not Include Legal Investment advice...
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...
OANDA:SPX500USD SELL 2998.8 SL-3025 TP1-2948 TP2-2895
Hello to all who watch my charts. Contrary to the opinion of many here is in my view S & P 500 a Long Setup. As you can see we had it at the beginning of March a short trend which I marked with the orange trend lines. Now, however, the index has risen above all short resistance and has both major resistance levels which I marked purple. In the near future no...