SPX broke the falling resistance and went up, but is now making A pullback to retest the broken resistance But the breakout is a breakout So I am still bullish Thus, after the retest the price 3663.15 Will probably go up
🟢 SPX TF: 1D Side: Long Pattern: Double Bottom / Harmonic Bat SL: $3275.91 TP 1: $3875.47 TP 2: $4055.71 TP 3: $4201.38 There is some bullish divergence on the 1D time frame on SPX. Possible double bottom could be forming here if the $3,500 support holds. This would see bullish continuity through to the end of the 2022.
Talking about BTC price it's hard to forget about S&P500 ofc. Current situation doesn't look too bad, It fell by a significant percentage already, and it seems stuck around near support on the weekly timeframe. If we can expect some small relief rally for here - the same could be expected for btc as well. Maybe it's a change for BTCUSDT to break out 20k...
holding on by a thread here, but fighting off 2x ppi expectations here. fomc minutes this afternoon. cpi tomorrow. if it can hold this low through the release of all those metrics, think we should see some nice bullish momentum the rest of the month. uptober ain't dead yet.
US500 - Intraday - We look to Buy at 3687 (stop at 3613) Buying pressure from 3560 resulted in prices rejecting the dip. This is positive for sentiment and the uptrend has potential to return. A weaker opening is expected to challenge bullish resolve. Support is located at 3680 and should stem dips to this area. Dip buying offers good risk/reward. Our...
The down Market has gone on a halt now price is going up if price breaks 3725 will see price move all the way to 3920 so prepare buys and get ready for some bullish momentum
really like this set up. good chance local low will hold. 4h bull div present coming out of oversold with a reclaim of yearly low. looks really good.
hit our box, almost to the penny. really want to see this push through and break out. wave b is our tp. the volume and wave count of this most local leg down concerns me. think we likely will get another local 5 down around our wave b zone. for now though, we long.
Very important to get above 3992-97 tomorrow to continue this move up! If we reject it in am, very dangerous sign. Ideally we go up into that target, then retrace and go above 4k level. The price penetrated my support cluster zone (3910-50) and (very important) closed above all 4 supports we broke today, its bullish. The issue is, we need a confirmation and...
you can literally feel the strength building here across markets. spx failing to get to the low. this really feels like bottom. minimum target is $4190-4250ish. long your longs, anon.
S&P500 to 4461.1 Falling Wedge Target let me no what you think about this idea
Expecting to reach $4350 limit, then a small pull back to retest $4008, then for higher target, swing towards $4818 previous high.
The Virus had set the stock cycle quite accurate in the last 2 years. It seems we have 2 intermediate cycle low in a year: 1. one of them is very severe and it comes at the beginning of the year ( highlighted by red arrow) This is also a yearly low and drops close to the previous year's normal ICL 2020.03.23. 2021.03. 05 . 2022. 01 .24. 2. the other one is...
if we're going to continue up, this zone was inevitably going to be retested. market reacted to nfp numbers this morning. expecting this to wick up and/or consolidate out. bear div leading into hidden bull div. we'll see what happens.
Based on the current breadth moves, it is highly likely that the bear market has ended. However, it is highly unlikely that the price will continue rising for many years to come considering the projected persistent inflation by economists like Roubini and El-Erian. Based on the similarities between today's price action and the 70's this idea is based on the...
Strong SPX expecting higher 30F point -- looking at $41xx this week and $43xx next week with strong forecast financial report. Tomorrow will have a pull back retest $3980 bottom -- a great chance to buy dip for Friday rally -- Apple expecting close at $160 +; Semi-conductor rally is in town!
SPX closed at $3998.95 (Almost $4000) today. Expecting a higher close point between $4010-4038. Watch for turning point -- but mostly followed with a pull back to retest 30F(Green) pivot ZG (higher support line around $3970), and move uptrend. Red -- drop back into the consolidation area for more wave. -- News -- in next 10-days Xi & Biden will have a meeting...
There area three possible way for SPX to walk - check Blue/Red/Green three way general analysis. IMHO it's going down to retest support $3900, $3940 , and even $3800, $3750 area -- most likely build more consolidation area, then decide to retest $3636, or reach for $4150 -- Follow the wave!