Key things to take away from this: TD9 buy signal turned on Wednesday for SPX. This is only the beginning for coronavirus. Recession is likely in 2020. Day traders can sell any selling opportunities if they think the bear is on. Take it easy everyone. See you on the next one. ~Bo Bugra Founder of Megalodon Trading
TVC:SPX MartyBoots ---- I've been trading the markets for 13 years The SPX500 has topped out-Watch this to make life changing money
Hello to all Today I want to share my thoughts about the index SPX500, at the moment we are on the border of the rising channel both on H1 and on the D1. Therefore, I propose to consider sales from this point with goals in the region of 2960.0 / 2920.0 / 2830.0 / 2720.0 Good trading to all.
OANDA:SPX500USD US500 - Intraday - We look to Sell at 3020 (stop at 3030) Our profit targets will be 2910 and 2900 Resistance: 3022 / 3040 / 3050 Support: 2970 / 2910 / 2900 Weekly – Close to an exhaustion count (trend line resistance at 3032) Daily chart – Overbought Intraday chart – Ending wedge. 261.8% lines up with the trend of higher highs. A break...
Macro-economic Overview Essentially, it’s looking like the bear market is becoming more probable month after month. Tons of macro-economic bearish signals: Euro economies taking hits (Germany narrowly avoided a recession last quarter but has seen 0 growth; UK recession looming as well especially w/ no Brexit deal) We’re currently in the longest US economic...
* If you like this free video and the idea itself, please remember to support me with a like or share, so I can produce more frequent contents such as this one. Thank you! * Related ideas show how I was able to call the BIG drops in 2018. Analysis Summary: Scenario 1: Leading Diagonal in Minor ABC (blue), part of a larger degree Ending Diagonal in the...
Fib Counts in! If we continue up due to earnings reports that are being released we will have to reconsider but as far as the FIB LEVELS and the S&P respecting them it is time for the next impulse move down! BYE BYE
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
appears to be a bearish Rising Wedge Forming