New Top, Old Resistance: Mixed News Question Bullish Supertrend Dear Esteemed Traders, TECHNICAL ANALYTICS Zooming out on the chart, ES hit a level that might be a resistance since January 2022, formed by a previous top. Historic tops often act as a resistance. Alone this would be a weak indication, but the price managed to hit that level at the same time...
Hello Traders! Today I am focusing on the S&P500's next move and considering that we are approaching the Christmas period and that I am expecting a year-end bullrun towards 4700 I believe that at the moment the index could retrace towards 4525 with a maximum extension towards 4485 to load some long positions at better prices and then restart towards the...
We have the bullish trend and we are likely to enter the retracement to go in favor of the trend with a minimum risk benefit of 1/3
SP500 for my scenario is bullish because, I think we just created a consolidation which we broke above and also the market has been going down for a while. So I think it should reverse anytime soon. However, DYOR and if you can, let me know about how you see the chart.
This naturally rimes with the Nasdaq signals and with the overall global equities outlook. Here, two opposing forces are the most significant factor; 1) The unfolding (and enduring!) USD strength - Downward pressure ; 2) The massive, continuously inbound (to US) capital flows , primarily from Europe - Upward pressure . Driven by the rapidly unraveling ...
VANTAGE:SP500 | The last one, the final boss of charting trades
Looks like we are in the 5th wave of the Cycle HTF wave 3. My analysis suggests that this move will take anywhere from 6 months to18 months to finish before an aggressive wave 4 bear market on the cycle HTF.
This Is My Anticipation On The S&P500 For Today, We Have SMT Divergence With The Nasdaq On Both The H4 And The Weekly Time Frame So I Believe We May See A Retracement Down And Eventually We Will Trade Up To Take The Buyside Liquidity But For Now This Is What I Believe Might Be The Markets Next Move
Falling Wedge has formed with the S&P 500 since 1 July 2021. We then recently had a breakout above 3,991 which confirmed upside to come. With the strong Engulfing up candles, we can expect the price to soar in the next few weeks. That is if the trend does hold and doesn't cause a fakeout. Price>200 RSI>50 My first target is at 6,000. SMC Below the Falling...
Range is very clean. It is very clear where the price will go. I hope you can see this. All ranges of this range worked sharply. While individual investors buy the break out, you can sell it. Have a nice one and good trading!
The price is upward, which indicates that the trend is upward, so we will search for buying, and I have placed the buying or selling points, in the event that the price breaks the level that was talked about, in order to know more about what the price might do, and I analyzed it in a technical and rational way . In the case of buying, we will wait for our order...
Looking at the short execution of the bearish harmonic PRZ, confluent with the .786 and 0.886 retracement of the whole move up It's a day trade. It can be a swing trade as well based one's risk capacity for Swing Trade SL is much higher at 4280. Alternate View of the chart with all the levels of interest. I have over 6 years of trading and investing...
Since the beginning of the year, SPX tried to pass 4200 several times and failed each time. With the recent failed attempt on the first of May, we can consider this level a very strong ceiling for the index and could expect a test of support. I'm bearish on the medium term and traders could look to sell rallies around 4100. Such a trade with a stop above...
looking bearishn trend in daily timeframe bec follow 1234wave pattern
Hello Traders, on higher timeframes CURRENCYCOM:US500 is trading on a triangle. For the moment we don't know where will be a breakout so we're trading inside of it. Next target probably the 3850 level.
In my last analyses about the SPX , I spoke about a bottom of the index. The price was in the process of breaking the resistance when I created that post. De deciding factor was whether we could create new support out of old resistance, which is happening right now. First, the lower part of the zone was touched and made the price bounce. Now, we're witnissing...
dear traders sp500 in this case trying to correct the big move i see if he break above 3877.9 you should take a long trade target will be at 40.11.00 trade safe
What's NEXT? PATIENCE BABY! If nothing Happens, why would you try to make it Happen! Let's Concentrate on some NICE plays and TRADE them Well! No need to OVERTRADE!