Two years after my last big short on SPX, the price has once again reached the top of the ascending channel. Based on this scenario , the expectation is that SPX will peak within the next two months , around early May 2024. Initial target 4,800, stretch 4,400 Incidentally, Bitcoin appears poised to surpass its 2021 all-time high, during which Bitcoin peaked...
SPX500 went up and Retested the horizontal Resistance of 5147.42 From where we are already Seeing a move down So I think that we will See a further move down !
The S&P 500 is showing signs that the uptrend is becoming fragile. As you can see there is a very clear rising wedge pattern developing on the daily chart this is a classic bearish reversal pattern and it indicates a shift in supply and demand from bullish to bearish as the buyers can no longer keep prices propped up. This pattern is not confirmed yet as it has...
The index has hit its dynamic resistance once again. As you can see, this resistance has been able to stop the growth of the index several times and cause the correction of the index. Now you have to wait for the trigger line to break
Watch This Resistance Level on the S&P 500 ( ES Futures ). ...................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give...
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
Hello traders what do you think about Gold) Technical analysis forecast ✅📈📉📊 Gold price $$$) big bullish candle 1D chart 📉📈 buyers will back market pullback resistance level 2034 2037) Last level of breakdown pullback short bearish moment US dollar 💵 Short 104.00 support level up trand gold pullback short 2010)📉📈⤵ (What moment bearish level) 📉📈📊⤵⤵ Gold price...
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...
Hello Fellow traders, idea of distribution is done at 5th wave, this pop up price today was just retracements on the 5th wave zone. for stoploss clearly the upside of 5th wave. with clear targets below before our future retracements. This is not a financial advice, this is only my view on distribution type. Same with SPX500/SPY/SP500futures charts. Follow for...
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 !
Hello traders what do you think about USD CAD) (Technical analysis channe) USD CAD) M 30 Team frame 🖼️ looking 👀 bearish candle channel pattern usdcad returning resistance levels 1.35167) fullback short 1.33709) Safe trade ❤ plaes like ❣️ and comments posted)
For those who have been here since 2022 early 2023 when there was so much fear in the market and we called the market had bottomed. I think it was the right call, even though we had a lot of naysayers. Now I think we are nearing the end of this rally which I estimate will be sometime in February 2024. I have two outcomes the green line below which I highly favor...
Based with cycle analysis and ewa. Finding entry point in short for 2-3 months trend.
Weekly trend-line stretching back to November 2022, is being tested around the level of 5,000 which is also a "psychological barrier" for price action to proceed going higher. A re-test of the breakout above the 4,800 level is expected in the near-term.
Traders are now looking FX:EURUSD 👀 for trandline breakout sellers rejecting a resistance level sample for a short bearish momentum signal a berish flag retest and a short fullback down Safe trade 🙏❤️ plaes like 👍🏻 and comments 👇
SPY ETF Approaching Critical Resistance Amid Bearish Signals The SPDR S&P 500 ETF Trust (SPY) has been a focal point for investors seeking exposure to the broader equity market. However, recent indicators suggest a potential shift in sentiment as the ETF nears significant resistance levels, hinting at a looming bearish turn. As of late, SPY has been on a...