This is my live analysis for SPY & please focus on the positive points discussed in the analysis. SPY can retrace at any moment now. NOTE:DO NOT SHORT THE MARKET
This is my weekly analysis for SPY. If you have any questions feel free to ask me. SPY is trying to go up and retracement is due and I have explained it clearly in this analysis. NOTE:DO NOT SHORT AS MARKET WILL RETRACE ONLY TO GO HIGHER
Technical analysis From the point of view of technical analysis, we believe that the EUR/USD pair has completed the corrective wave Ⓑ after reaching the price range of 1.0945-1.097, which has also been a strong resistance zone over the last few days. After which, we expect that EUR/USD will continue to correct within the impulsive wave © until it reaches a...
About a month back, I made a solid move in the market that sparked a strong rally. Now, as we near the end of a strong earnings season, I'm in a neutral position, but I'm taking steps to secure gains by trimming my positions. I reckon a decent pullback would be beneficial before considering further upward movement. There's quite a few gaps to fill due to some...
CME_MINI:NQ1! CME_MINI:ES1! We can see that the ES chart is weaker and more "bearish" than the NQ. That means in the next week open if ES breaks the checkpoint "1" we can easily see an ATH for NQ , because we have already broken the checkpoint "1" on NQ . So I think the direction and the sentiment of NQ are highly based on whether ES breaks above or bellow the...
We are currently in a downtrend towards the ~$454.81 OB. If we fail to get a bonce we will fill the previous $454.18 OB. If we get a bonce and breakthrough the previous downtrend we shall see a retest of $456 OB.
Based off Price Action, the next 2 weeks will determine if we will see new ATH or fill previous Order Blocks (OB). Currently, we are in an Uptrend with the continuation from Oct. 10th ~$360 Demand. We had a clean break through the OB created on the week of Aug. 22nd. Which lead us to fill the Apr. 4th OB. We could potentially see a continuation to ATH or a...
This is my weekly analysis for SPY. make sure to go through entire analysis and understand what is being again and again highlighted in the video. NOTE:BE ON THE RIGHT SIDE OF THE MARKET(LONG)
The S&P has had an extraordinary run in November. It has moved up 400 points from the low and now looks to have consolidated and waiting to drop. Here are the reasons we want to sell this pair this week. 1) Daily RSI is overbought 2) H4 RSI is overbought and there is a double top 3) There is a Weekly pattern to sell which reacted previously and now there is a...
Today I want to discuss about the bull and bear cases for S&P and introduce the fractal concept Bull case: Cup with a handle uptrend can be considered 1-2-3 wave and recent downmove as 4th wave it is a possibility because wave 4 is in wave 1's terrority, similar to the big downtrend. But this can also be considered a leading diagonal downtrend sub-wave 5 ended...
In early October 2023, we updated our previous forecast for the SPDR S&P 500 ETF Trust for the current year. Its price, after a short-term breakthrough of the triangle pattern (marked as (A)-(B)-(C)-(D)-(E)), returned above its lower border, and a new upward trend began despite the intensification of geopolitical tensions in the world, mainly due to the Hamas war...
Exited my bottom snipe 450 calls. 900% in 2-3 weeks. Not bad. Had to take profit. Following the same plan as outlined in this chart. Waiting for pull back here or close to here. Then calls again.
This is my weekly analysis for spy. I am not bullish or bearish, we need to wait. NOTE:WAIT FOR THE RIGHT TRADE
TOP PICKS & Tier 1. New Weekly Market Forecasts for 3WK NOV. 2023 are published. Active SPY Weekly outlook. 3rd WK NOV 2023 > BULLISH 📈 Closed Price: 440.61 Target Price: 444.22 Upper Range: 452.51 Lower Range: 435.92
As the Chinese stocks are starting to show signs of weakness after a few days of upside movement, we expect the same scenario to play out in the U.S. market. With that said, the setup we introduced in a previous article remains valid. To support a thesis about a bearish reversal, we want to see MACD fail at breaking into the bullish zone on the daily chart; in...
Expired SPY Weekly outlook. 2nd WK NOV 2023 > BULLISH 📈 CORRECT Closed Price: 434.69 Target Price: 438.91 | Relative Strike Price: 438.47 NOV9 Upper Range: 457.23 Lower Range: 420.59
This is my live analysis for spy and $439+ is on the way. watch it carefully . This is a swing trade. NOTE:SL MEANS SL &TARGET MEANS BOOK YOUR PROFIT
SPY entry-$435.25 target-$438.50 sl-$434.20 sl means sl& taget means target This is a swing trade