Respected followers, as we can see that SP 500 and has strongly broken it's trend line which is the sign for bullish trend. We have 2 entry levels with same stop loss and take profit.
Where is the S&P500 since my last chart back in mid Aug, link: - Weekly T.D. Sequentials landed a top at an Aggressive13. Commonly a Green9 signals that a price reversal is approaching next. However, around this time the restructuring of NAFTA with Mexico was announced to be completed/ almost completed which drove the market confidence further than expected....
SPX500 trading in a multi-days bullish channel with tops and lows. Price action is compressing near the resistance area. Chances are it continues compression a little further. Momentum is getting weaker as well so I am looking for a strong break. If you have your trading strategy watch out this market for shorts. Trade Safe!
SPX500 have reached to its prior highs and a successful attempt to break highs have just been made, but i am wary of the market to reverse from here since momentum indicators supporting my view. I am looking to short this market, if you have your trading strategy, better go for short setups. Trade Safe!
S&P500 fell sharply earlier this year, still this market is under correction until it breaks the top. But for now price action is stalling around the top of the multi-days channel, i am expecting a drop to at least test the $2,674 area. Look for sell setups if you have your trading strategy. Happy Trading.
i short SP500 because i think he done the Christmas rally more early than before and i think he will down a bit before end years may pull back before the 31 december for close the years i big gains then after in january fastly down more than my target...but is possible that my target can be reached before end year ( 12 days) Overbought much in weekly and...
Hi traders! For the past months, I kept getting notifications about the DOW and SP500 making 12 months high always weekly. I always keep an eye on what is happening on this side of the market even though I only focus on trading forex pairs and commodities. I only like to observe the SP on the largest of timeframes.. MONTHLY. It gives me perspective and an...