SPX500 went up today And has almost reached A horizontal resistance level Of 5183 from where We will be expecting A local bearish reaction !
SPX500 keeps falling down And SPX500 is now locally Oversold so I think that After the price hits The horizontal support Below at 4940 we will See a local bullish correction!
Pair : SPX500 Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Long Time Frame and Rejection from Upper Trend Line Break of Structure RSI - Divergence Impulse Correction Impulse
Depend on FB Levels the current area is critical area that mean the price may change price movements to other direction , Pls follow me to get my price analysis notifications
SPX500 was trading in a Bullish flag pattern and now We are seeing a bullish breakout So we are bullish biased Now and we will be expecting A further move up !
BUY/LONG ZONE (GREEN): $4531.84 - $4726.36 DO NOT TRADE/DNT ZONE (WHITE): $4380.94 - $4531.84 SELL/SHORT ZONE (RED): $4117.36 - $4380.94 Currently there is bullish momentum, as seen coming off the gap up from Monday close-Tuesday open, however; after this momentum upwards we have only seen price go sideways up to today. Price is resting inside a zone towards the...
SPX500 broke the support Cluster of the rising and Horizontal levels at 5018 And the breakout is confirmed So I think that we will see A further move down!
SPX500 is making a Pullback from the broken Rising support line which is Now a resistance and I think That we will see a further Move down !
SPX500 is retesting the Horizontal support level of 4848 From where we are seeing A bullish rebound already And I will be expecting A further move up!
SPX500 is trading in an Uptrend along the rising Support line from where We are already seeing a Bullish rebound so I think That it will go higher still !
I prefer to ignore reality and focus only on what the graph will show me, because every new week we have good news regarding the American economy, but the good news will have to come to an end at some point, as there is a saying that goes like this; "There is no such thing as a free lunch. If you didn't pay for it, someone else will have to." In the long term we...
SPX will be the first update from TheTradersRoom. SPX has hit its desired target we have called yesterday - 4904.50-4909.50 So I call it a perfect hit. Today's reversal came on a heavy selling, also got a black reversal daily closing SPX candle, which if not broken 1c above should mark at least a temporary top. If the price did find its top, then tomorrow's open...
Pair : SPX500 Index Description : Rejecting from Resistance Level with Strong Divergence in RSI. Bullish Channel as an Corrective Pattern in Long Time Frame with the Rejection from Upper Trend Line. Completed " 12345 " Impulsive Waves
SPX500 will soon hit A horizontal resistance Level of 4795.2 and After the retest we will Be expecting a move down !
Pair : SPX500 Index Description : Bullish Channel as an Corrective Pattern in Long Time Frame. It has completed " 12345 " Impulsive Waves at Daily Resistance Level creating Double Top Pattern as Corrective Pattern in Short Time Frame. We have Strong Divergence and CHoCH
What's on the chart? 1) An old high that marked a strong year for 2023. 2) A rebound in a weekly FVG that earlier served as a bullish signal for prior trading sessions. 3) In the process of that rebound, a 4H bullish FVG was formed which will serve as our target area + fibs. 4) The 2023 high was broken. 5) IMPORTANT: the new high wasn't taken out. Hmmm.....
SPX500 went up and hit A horizontal resistance of 4770 From where we are seeing A bearish reaction so I think That we will see a move down !
Dear Esteemed Members, The supertrend was bullish, but two sell signals concluded with a bearish price action. The rejections happened around the resistance level from a previous top. The price is now below the upper green support level. I think the S&P 500 market will reach the next support level: around $4600. So, I'd consider a short position. You can...