The S&P500 currently looks a lot like the mid-December to mid-January consolidation 👀
Here's what a short term bullish case might look like.
As always, DYDD and be sure to manage risk.
SPX500 setting up bullishly pre-cash open.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts...
The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high...
Thanks a lot you the likes, really appreciate! It is not financial advice just recreational trading idea sharing
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- 5332.5: price point identified as potential optimal entry for short direction trade. Depends on the velovity of the market when if hitting that price point again.
- 5168.75 to...
And we are back to the support line, bottom of the channel. If we still are in a bull market spy should bounce up within this week. I bought some calls as shown. Let´s see how it plays out.
I think SP500 is on the way to perform a great drop. Looking on H4 timeframe we can see a clean break below main trendline and a retest of it. I think today we will see some volatility around the beginning of the NY Session. I expect a fake moves first to the upside to grab some liquity, next we should see a drop till support zone around $5130
Hey there!
We can see huge gap at SP500, also looks the same like at the previous movements.
Stop loss and Take profit at marked w read and green lines.
IMPORTANT! Always follow RM strategy, trade not more than 2% of your deposit!
LMK what u trading this weeks?
Price is reacting off an overlap resistance level and could reverse from this level to our take profit
Entry: 5247.64
Why we like it:
There is an overlap resistance that aligns with the 23.6% Fibonacci retracement
Stop loss: 5265.25
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement
Take profit: 5220.30
Why we...
Hello my friends. We see S&P Chart in Daily time frame be assumed this index to be reach 5600-5700 units for wave 3 of 3 and the end of wave fifth about 5900-6000 units.
SP500 trade idea based on my thesis that this is all a big range for the months to come and the economic situation stabilizes (visibility, sentiment, etc)
It is a swing/core positioning trade so size is big and invalidation is on weekly close (yes, you need conviction when taking this kind of trade)
Mind your size, mind the broker your do your business with,...
Price is currently at the swing high resistance and could potentially reversal from this level to our take profit
Entry: 5258.22
Why we like it:
There is a swing high resistance
Stop loss: 5280.19
Why we like it:
There is an alignment with the 127.20% Fibonacci retracement
Take profit: 5218.49
Why we like it:
There is a pullback support and also aligns with the...
The chart says it all.
PS: I have been continuously posting, but about 2 years ago the button of 'public' idea was switched to 'private' and apparently nothing was published publicly..
Expecting a large downside to unwind and target 5120 level or below. which is a good liquidity pool resting downward and we have seen a nice market structure shift after taking out the buyside liquidity
Hello Traders, welcome to today's analysis of S&P 500.
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Explanation of my video analysis:
The S&P 500 has been trading inside of a rising channel formation for a very long time. We had the last retest of the lower support level about 6 months ago which was then followed by an expected rally of +25% towards the upside. If the S&P 500 now retests the...
