Pair : SPX500 Index Description : Completed " 12345 " Impulsive Waves at Daily Resistance Level. Impulse Correction Completed. Breakout of the Corrective Pattern " Bullish Channel " in Short Time Frame and Strong Divergence in RSI
SPX500 will soon hit A horizontal resistance Level of 4732.26 and After the retest we will Be expecting a move down !
📈Because the S&P500 Index is near an All-Time High(ATH), I decided to analyze this index for you and answer the question of whether the S&P500 Index can create a new All-Time High(ATH) or not. 🏃♂️The S&P500 Index has already managed to break the 🔴 Resistance zone( $4,640-$4,540 ) 🔴 and is moving near the 🟡 Price Reversal Zone(PRZ) 🟡 and Resistance lines...
SPX500 broke the key Horizontal level of 4588.4 And the index is trading in an Uptrend so I am bullish biased And I think we will see Some further growth !
SPX500 will soon hit A horizontal resistance Level of 4591.26 and After the retest we will Be expecting a move down !
SPx New forecast The index price presented many positive closings and is now trying to hold above the resistance level at 4573, increasing the chances of an upward trend once the stabilized above the resistance . Therefore the upward scenario will be more likely during coming period ,and moving average 50 continue support the price to rise up , so stabilized...
SPx New forecast The index price rose in yesterday’s trading and took advantage of the positive pressures to hold above the stable barrier at 4460. We noticed that it recorded significant gains by rushing towards 4500, suggesting an upward trend during the coming trading. Therefore the upward scenario will be remain valid and effective supported by moving...
CBOE:SPX is climbing it's 5th and last (?) wave from the parabolic rise created since the GFC... targets about 5600 CBOE:SPX and from there I do expect the October 2022 lows to be taken out at last...
Exited my bottom snipe 450 calls. 900% in 2-3 weeks. Not bad. Had to take profit. Following the same plan as outlined in this chart. Waiting for pull back here or close to here. Then calls again.
Hello Traders ! On The Daily Time Frame, The SPX500 Price Reached A Strong Support Level (4141.00 - 4103.00). The Resistance Level (4397.84 - 4376.45) is Broken and Becomes a New Support Level. The Resistance Line is Broken. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 4500.00🎯
Pair : SPX500 Index Description : Exp FIAT as an Corrective Pattern in Short Time Frame and Rejection from the Lower Trend Line after it has Completed " abcde " Corrective Waves. Impulsive Wave " 1234 " Completed at Fibonacci Level - 50.00% Entry Precaution : Wait until it Breaks or Rejects UTL
SPx New forecast The price of the index rose yesterday and some positive trading appeared to stabilize above the level of 4353, trying to confirm the positive continuity and reaching 4395, which in turn currently constitutes a new resistance and stability above it will facilitate the task for the price to reach 4427 and 4445. Therefore the uptrend scenario...
█ OVERVIEW Since 2022, the S&P 500's consolidation efforts seem to be coming to a clear Head and Shoulders pattern, completed by a recent 3 bullish drives pattern. While it would be naive to think a straight beeline to 5000 is in play, the current price of 4350 is suggesting a return to new highs in early-mid 2024. This is likely to be in sync with the Federal...
SPx New forecast The price of the index rose in yesterday’s trading with strong positive pressure as a result of its repeated stability above the support represented by the level of 4205. We notice the formation of an upward impulse, thus compensating for some of the losses achieved recently, to exceed the stable barrier near 4230. Therefore the upward trend...
SPX is now at a key level of prior resistance. Will it be as simple as prior resistance turns into support for SPX? This is definitely an area to watch.
SPx500 if it falls above 4310 in this direction will rise to 4337 then 4361 then 4383 but if it is below 4310 the direction will go down 4278 , 4253 then 4227 Pivot Price: 4310 Resistance prices: 4337 & 4361 & 4383 Support prices: 4278 & 4253 & 4227 timeframe:4
Pair : SPX500 Index Description : Bearish Channel Pattern as an Correction in Long Time Frame and Rejection from Lower Trend Line and Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line. Completed " ABC " Correction. Entry Precautions : Wait until it Complete its Retest and Rejects
In my previous update I discussed that SP:SPX has lost a key support level in the orange support zone. SP:SPX was sitting under resistance as investors waited for Friday jobs data. The strong jobs data led to a spike back up and SP:SPX has successfully regained support at this orange zone again. My current price target for SP:SPX is the yellow resistance...