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 !
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
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
his could be a break to the upside of 12127.00
If this goes up, it could break the next price of 13000.00
My crazy prediction is the price hitting 13721.8.
Let me see how it goes. SKILLING:NASDAQ
Hey tradomaniacs,
technically we have tested a good spot to sell.
This week is NFP week and we get the ISM-Index in a few minutes, so be cautious with fake-moves toiday / during the week.
Orderflow has not shown any confirmation yet, just a strong increase in volume and an instant sell-off with the US-Opening.
Still waiting for a trigger!
What do you think?
Amongst Poor market sentiment we have seen a Fall in the SPX Futures market.
A small Rally has rebounded us towards Former resistance.
After support becomes Resistance you turn SHORT. This is how successful Trading works.
The higher up your short position, the more risk averse you tend to be.
This is why the positions available are Labelled as such, if you are...
Just set a sell limit right here on spx500. Had a nice bullish run but didn’t break the high or low. Also the weekly will likely still close bearish so I expect price to take out those lows. Have a nice 15m shift leaving some imbalance to fill and have my stop above the swing High. Use proper risk management and fingers crossed we get triggered in after this nice...
Some big support/break plays for this pair this week!
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry...
SPX500 it’s trending to the upside on the higher timeframes, looks like price is making a double bottom on the 15min for a higher low on the 1H and a possible continuation to new highs💯
A continues fall - price directly slop from 3224 to 2995.
It can see that when there is continue fall price bounce up-to 100 points.
The price was trading near the support line that became the strong point for breakout.
It can be seen that the price can move near the support line that is support become resistance.
As we can see there is not a strong point for...
