I've set out what I see as the major topic of conversation / concern thats in financial markets currently as we approach the key resistance level of 1.5% in US 10Y Yields.
US10Y = 1.215% (yellow line)
S&P500 = 3955 points (orange line)
S&P500 DY = 1.48%
Personally, I think the catalyst for the next correction in the stock market may come directly from the bond market.
The logic is this: if the bond yield (US10) were to return 1.40% why should I take on more risk by investing in the stock market with a dividend yield of just over...
Good Week Traders
Intresting point Where SPX touch the low channel.
IF holds we might form Shark Harmonic Pattern.
If so I will look to short @ D POINT.
Rsi looks OVERSOLD which might support
this bullish move.
Drive Safe
US30 TP 1 + 2 have been hit and running risk free now.
Not found that crystal ball that everyone else “has” to tell you where price will go? Sick of chopping and changing strategy? Keep changing signal groups? Struggling with chart analysis? Want more time in life rather than spending hours on the charts?
We don’t have a crystal ball and we don’t use...
S&P500 hit all 3 TP's! Sell trade active ! 4.59% gain if you follow the trend based on a 1% risk. During backtesting we found that the stocks strategy works best with a TP3 target.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you...
S&P500 approaching TP3
With our stocks strategy we work to a TP3 target.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our...
SO why cant i be a robot ? what even are emotions ? I did my analysis, I did my risk/reward, I entered, Im enjoying the profit. Then boom starts dropping and before i know it im in negative and my whole moods changed. I switch to a lower time frame and im nervously watching it -200, -400, -500, -300, -100, +20, +2 CLOSE! AND breathe.+2. Well its better then the...
Price has cleanly rejected the bottom of structure which was an area of value in the market.This was expected due to the lack of momentum and impulses to the downside which showed us that we could see the downtrend momentarily cease.
Price has broken through horizontal channel early this week leading to a short burst of impulse buying.
With the lack of fundamentals in the currently heavily overbought market, we can expect a drop to come upon the slightest trigger.
While we cannot predict when the breakdown will be, we can still expect a retest of 2974 (Target 1) some time this week.
If the...
I had a quick look at the Indices and I can see a Clear 3-4 Formation. In this video I will draw some wave numbers.
I am not a strict elliotician and this is my FIRST EVER tradingview broadcast so please forgive my mistakes.
Has S&P 500 Completed a Wave 4 Up and Ready for a Wave 5 Down?
I do have a blog if you're interested Just search Immy Yousafzai Forex...
We have been watching this pair for many months wondering when or if the big drop and change in trend will come, But week after week, month after month it keeps increasing ? Whats your opinion and when/if do you think it will change trend direction ?
As well as hundreds of indicators based on historical data leaning highly bearish, strong possibility of a head and shoulders pattern forming on both the 1D and 4H charts. Printing more money can only work for so long, before a correction is inevitable. Bubble could be about to burst.
Here we have the chart layout for DXY as some may be aware it also corrolates with EURUSD!
Downtrend
Defined by a series of Lower Highs (LH) and Lower Lows (LL)
