Many people got trapped yesterday by the bears. For us, it was a good shorting opportunity. ALWAYS REMEMBER..... DON'T FIGHT THE FED !!!
SPX on October will go down per 7-17%. Then in November i expect bearmarket rally. And then next big fall.
pretty clear rejection at FOMC. local low test next. prolly get some type of bounce there. macro, however, this looks awful. gaining confidence in revisit of 3k.. which would nearly round trip this entire covid move.. talk about brutal original chart linked.
I missed am short, now waiting for 3802-17 to go long. Wont rule out a move down to 3750 tomorrow before FOMC The way I see it is that we will bottom today tomorrow and rally back to 3880+ after the FOMC decision, then completely erase the move by Fri. Should bottom on the 17th and rally up into EOM early Oct, then continue lower Dont try to trade this, very...
Main resistance for the SPX is: - 3942 - 3952-60 Support cluster is still the same: - 3802-3817 - 3750-55 and much lower (check my last SPX update) Im currently long ES and some SPY calls and will be adding to my swing short NQ position tomorrow and ideally on Wednesday. - 3955 and 3975 are the 2 numbers where I will be adding to my short position. In case of...
Hi everyone! Im still battling with timing on the high and potential crash this/next month. We either bottom this month, we have interest rate decision on the 21st and then up into Oct 3rd week where the turn suppose to happen and last into EOM or even Nov. My timing showing a low in Oct/Nov. There is a chance for us to see 4425! but the lows we just had must...
Structure: Solid power move to the Resistance zone aligned with the 200 MA Strategy: Short - A bounce back expected from this level Risk/Reward: 1:1 Disclaimer: DYOR!
#SPX500 1h chart of Top Divergence formed for last 3 trading days. winter is coming STOP LOST ( for you ): 4300 SHORT: XAUUSD, AUDUSD, ETHUSDT LONG: GBPNZD
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...
After the speech of Fed chairman Jerome Powell last Friday, on which he clearly stated that the main goal of Federal Reserve is to stabilize prices and will remain hawkish on interest rates, expectations of increased strength of the USD made big portion of the investors to sell their shares and increase the amount of dollars they are holding, which plummeted the...
Ideal target has been met! Watch to close below 4308.50, ideally we close red, tomorrow will be a bigger sell off with the bounce on the 18th. The target zone is at 4300-33, it can stretch into 20s, I will short it there, or short if we close below 4308.50 Timing should be right as per my last night update. I will post a zoomed out chart after the close with...
Its a turning day tomorrow, the 16th, expect it to be an intraday or a closing high. Super close to the Gap Fill at 4300.16 and my main target/resisatnce at 4308.50. Had that number since Jun, didnt expect it to get hit mid of Aug but EOM or first days of Sep. Timing for the low is on Aug 26th and I expect 4010-30 to hold! Might get to 4050-60SPX only, will...
the "bullish" scenario, as we see it, is still set for a major pull back from this level. looking to retest the lows. from a bullish count, would need to recover quickly to see a retest of the 4500 zone, before 5 more waves down. there's also the chance that this is the top of the dead cat and we get the 5 waves down starting from here. either way, this ads...
- VIX gave a long signal and short signal for the markets, same as we had on the 29th of July. Tomorrow we have a directional change as well as Fri with clear low on the 16th. I would like to see a good move lower starting tomorrow or Fri and a gap down on Monday. Volatility spike on Monday supports my view on this possible outcome. And then reversal day on...
spx also looking topped. bearish div on momentum and divs popping up on HTF. think this is a safe short here and finding confluence with positive cpi data. sell the news.
Hello there all, Here's the SPX analysis outlook potential direction. Please do let me know if you are seeing what I'm seeing or have a different perspective on it, I would love to see your analysis. Please do drop the chart link below in the comment section. This is not financial a advice. 🙂 Thanks all.
Higher highs in price and lower RSI all over the place, tripple divergences here AT LEAST!!! The bulls are running out of momentum right now... This is the bullish/corrective scenario IMO.. we are either pulling back now for a wave 4 or B wave.. $spx $es
Price moves for TWO REASONS: 1. Liquidity 2. Imbalances - to Rebalance There is major imbalances to fill and SPX has shown her hand. The market has 3 moves 1. Up 2. Down 3. Sideways. This is the 4hr TF. Never Over Leverage. Trust your trade set up. Give it time to mature. Have Fun! I AM Pro Trading Made Simple. I Represent #SniperGang