US500 - Intraday - We look to Sell at 3909 (stop at 3963) A Fibonacci confluence area is located at 3776. An overnight positive theme in Equities has led to a higher open this morning. Intraday, and we are between bespoke support and resistance 3893-3503. There is no clear indication that the downward move is coming to an end. Our profit targets will be...
Next Days I See Some Bearishness On US500 . Up to the First and Second Targets as On The Chart
Due to inflation and rate hikes we might see new lows in near future. As you can see breaking below 3900 is confirmation of trend will continue to go down. If S&P able to retest 3900 area we can enter short position. Our target will be 3500, 3400, 3200, 3000. And remember we are in huge Falling Wedge pattern.
Time cycle plays a vital role in Neo wave analysis. Both time and price are the Manthra in Trading. The ancient Fibonacci and Elliott waves are the only TWO usefull tools foy my analysis both for trading and forecasting. I find this method of trading which suits me and giving consistency of profits for the past 20 years ok! S&P500 index almost reached its...
US500 - Intraday - We look to Sell at 3969 (stop at 3994) Posted Mixed Daily results for the last 3 days. Intraday, and we are between bespoke support and resistance 3913-3969. The medium term bias remains bearish. Preferred trade is to sell into rallies. Our profit targets will be 3913 and 3700 Resistance: 3969 / 4050 / 4097 Support: 3913 / 3700 /...
Hello traders! ‼️ This is my analysis on US500 . Here we are still bullish from H4 timeframe, but if price breaks that low I will look for a short position, as price has to fill that huge imbalance lower. Like, comment and subscribe to be in touch with my content!
US500 - Intraday - We look to Buy at 3907 (stop at 3859) A Fibonacci confluence area is located at 4038. Bespoke support is located at 3905. The previous swing low is located at 3904. Dips continue to attract buyers. Our profit targets will be 4038 and 4055 Resistance: 4038 / 4042 / 4055 Support: 3905 / 3902 / 3487 Disclaimer – Saxo Bank Group. Please...
Hello traders! ‼️ This is my analysis on US500. Here we are bearish from H1 timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price took out buy stop liquidity and rejected from bearish orderblock. Like, comment and subscribe to be in touch with my content!
Market sentiment has been negative with fears of the hard recession approaching. I've been looking for short opportunities in the market because of this and spotted this setup
Hello traders! ‼️ This is my analysis on US500 Here we have the same scanerio as per Dow Jones, so I expect price to make a retracement to fill that huge imbalance lower and then to reject from bullish orderblock. Like, comment and subscribe to be in touch with my content!
Now its clear that wave 'C' has started to bring the index DOWN to 3593 or much lower up to 2562
The operating theory behind a pivot rally is that once the Fed stops raising rates, gamblers have a period of time to enjoy one last melt-up rally before the wheels come off the bus due to rate hikes. It never enters their minds that the melt-up already occurred and now they are sitting in a bull trap. The year-end melt-up was a bust in both 2007 and 2008 but...
Hello traders! ‼️ This is my analysis on US500. Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalanceand then to reject from bearish orderblock. Like, comment and subscribe to be in touch with my content!
I added short at 3845 SL above 3885. Price retraced back to resistance at major fib level and weekly m3. J.Powel pivoted from hawkish to more hawkish.
Hi everyone, Here is my 04 November 2022 long term S&P 500 INDEX analysis. #SPX To date ( 04 Nov 2022) I have deduced that the market offers two scenarios. The first one (the most likely one in view of the geopolitical and economic conditions from a macroeconomic point of view) would be a continuation of the decline. I have estimated this scenario to have an 80%...
US500 - 7h expiry - We look to Sell at 3807 (stop at 3847) Trades at the lowest level in 8 days. Broken out of the wedge to the downside. The formation has a measured move target of 3629. We are trading at oversold extremes. Preferred trade is to sell into rallies. 3810 has been pivotal. Yesterday's Marabuzo is located at 3807. Our profit targets will be...