First, we are going to start with the Daily Analysis
Main Items we see on the chart:
a)Price is inside an Expanding Triangle
b)Using Elliott Wave Theory to understand the formation of any structure, we can see that A B C and D are already formed, continuing with Elliotts Logic an E wave is remaining, this Wave theoretically should make and impulse towards the...
This demonstrates how a 120 / 20 Moving Average configuration can call short entry points against the S&P500.
The same config can also be used to call rally points.
Explanation on the chart.
Weekly chart.
12 MA
120 MA
Crossovers call changes of overall direction.
This shows how a 20 / 120 double moving average setup has been pretty accurate in calling bear markets (and bull markets too for that matter for the past 25 years or so if not longer.
i short it at 3002.5 spychological level for 2 different way
1 possinility of double to monthly
2 investor will go on holidays like cannes,monacao,french riviera ect..so will cut them profit
AND IS OKAY POWELL MADE IT UP BUT WHAT ABOUT CHINA HE SAY HIMSELF IT WEIGHT ON US..TCHH
anyway every 1 tp taken i adjust my trailing top to the first tp
i no made a Stop...
We have been stalking the SPX500 for a long opportunity ever since the price had broken
into new highs. When price entered our buy zone we took a long opportunity back into the key highs.
Now price is back at the highs we need to wait for a correction of a break higher before looking
for any other entries.
Pattern: Channel Up on 1D.
Signal: Bullish as the price is trading on the pre Higher High, consolidation fractal (blue Rectangle).
Target: 3030 (the projected Higher High (B)).
In this video update, we discuss a potential swing trading opportunity on the SPX500.
We have spoken about this on recent posts and now the price is in the zone we can
actively look for positions. We will be waiting for some bullish price action to trade back
into the key highs.
In this video update, we take a look at the S&P500 for potential long opportunities.
The market breaking higher suggests the risk on sentiment could continue with safe haven
currencies being the most affected. If price pulls back into the structure highs we could
look for a lower timeframe swing opportunity back into the highs wherever they form.
Main Items we can see on the 4HS chart:
a)Using Elliott Wave Theory we can conclude that if we had ABC ( Bearish Movement) / ABC (Current Bullish Movement). Now we can expect a 12345 bearish movement following the idea of a Flat Correction
b)On every timeframe starting on the Weekly Chart we can see Divergences on MACD, (this kind of Signal is possibly showing...
In this video update, we discuss the S&P500 in more details and what will
happen to market sentiment if price bounces or breaks. We believe if price bounces
we could return to a risk-off the sentiment with safe haven currencies benefitting.
If price breaks above we could see a significant move higher again.
Today we are going to explain the 3 different scenarios we have for E-MINI S&P 500 futures
First, let's analyze the Daily chart. Main Items we can see there:
a)Price is inside an Expanding Triangle, this type of structures are considered continuation patterns after the 5 waves inside are complete, now we have A/B/C/D and E is remaining, so by Elliott Wave...
We are looking for the S&P500 to run up into the key resistance of 2950 before asking ourselves the question,
break or bounce?
If price breaks higher we can see the stock markets moving considerably higher in the near future however if we
see a bearish candle at the highs we could see a similar fall to what we have seen recently. This zone will be
key for trading...
