So this is my anticipation on S&P 500 i think its now going for 4000- . Same as Gold and other US indices. I actually think the Covid-19 crash actually increased the cahnces of this huge incoming rise. So lets just all wait and see but im definitely going long and i think the US elections will pump it more. Suggestions in the comment section.
On Weekly Market Broke The High
Made A PullBack To Retest The Low
Now Market Momentum Shifted Bullishly
On the Entry Market Broke The Daily Resistance and the Channel
Now Waiting for the market to make a high and retest the previous daily resistance on 4 hour
on the retest, our entry will be
Please drop a like and comment your thoughts also
Hello friends, This is for fun but TA could tell a story...:) Let's see what happen, Give me a like if you agree...lol. :)
THIS IS NOT INVESTMENT ADVISE...
LIKE, FOLLOW AND SHARE... :)
Just entered a long position based off these 4 confluences:
1. Trend line was broken
2.Moving avg crossover
3.Possible HH
4. Continuation Doji
When this 4H candle closes as a Doji or bullish market structure will have been broken and my target would be the major LH for my exit, That’s a little over 100 points.wait for the 4H close for confirmation👍🏽
Similar to our US30 analysis, US500 is looking like a good entry point on a long position. On the daily you can see where price came back down and tested our support area creating a nice rejection and daily pinbar.
Hey Everyone
Here's an idea on the S&P500 which broke out of a ascending triangle structure pushed up and is currently trading in a bull flag / pennant formation which could be signalling continuation with the bulls.
looking for a break above and continuation of this move.
lets see how it goes.
HAPPY TRADING...
Good Day Everyone'
A look at the S&P500 which has been trading in ascending triangle on the 4H chart looking for a break above of structure to trigger the trade looking for continuation of the trend to the upside with the bulls. The S&P 500 and Nasdaq closed at record highs on Friday, as data pointed to some pockets of strength in the U.S. economy.
INVEST.COM -...
Hello traders, here is the analysis from our team :
Buy limit:3339
Target: 3365
stop: 3313
we like price to run in our favor, and take profit from 3349 . money management.
Let us know in the comment section below if you have any questions.😉
SP500: Ahead of the fomc meeting i want to be buying thee SP500 if the price level 3190 holds ill buy here or wait for a fake sell out then buy. targeting the high.
Good Day Everyone
A look at US500 starting from the monthly perspective we remain in a bullish rally for third month in a row hitting ( HH ).
Coming down to the weekly we broke level 3191.3 support level we could see a retest of this level before we see a continuation to the upside this week but on a larger scale we are still net long on the index.
On the daily...
I have drawn an easy to understand technical chart of the S&P500, highlighting the major support and resistance areas from December to July, using a daily chart (each bar is 1 day of trading on the S&P500).
Notice on the left side of the chart all supports levels that broke, acted as resistance post FED bazooka and eventually turned back into support.
When...
