The market is respect our target ... Congratulation To all who took this free signal ✅
4 HOURS (H4) Two successive failure attempts to breakout the clouds resistance triggered a reversal move from its recent top @ 4'739.50 towards a low so far of 4'606.75, filling in its way both the 61.8% Fibonacci retracement (4'572.75-4'739.50)@ 4'636.50 and the 78.6% Fib ret @ 4608.50 Global picture in this time frame does not look very encouraging as...
SP500 after last weeks retracement is now back pushing at the resistance level near to the market all-time high. According to Plancton's strategy of the market will break above we will set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily...
The US market continued to recover from a major pullback in early May, resulting in another monthly gain except for Nasdaq. However, recovery has slowed down over last week and the bulls seem to has become sluggish but the same goes for the bear as we don't see any significant attempt in the market to sell. The stock market is somewhat expected to rise amid...
This is an Update of the original post ; This is now at a 36 month Major Resistance! It is quite likely this will be the (very) long-term, final top.
Most likely Market Tops in US Indices . Probable dates and price levels; The Nasdaq100; The SP500; The DJIA; The NDX/DJIA/SPX rotation;
A day earlier, the Nasdaq powered to another record closing high as tech stocks outperformed. In the current situation we expect the price to crawl towards the 14000.0 psychological level as we still have some bullish momentum left in the tank in order to wipe-out potential sellers. This target may be reached today, when FED Chair Jerome Powell will hold a speech...
The chart is one possible visualization of the confluence of unpredictable high-impact events. For example: February 24th, 2020 World Health Organization declared the COVID-19 outbreak a pandemic and warned that "much of the global community is not yet ready, in mindset and materially,.." Over the following eleven months over 2 million lives were lost...
Nasdaq NDX - What bearish moves we had on the indices yesterday! I will now explain why we had this move: 1) FOMC FED - Rates kept as same, nothing new in that aspect. During Questions - We had now the mention Taper tantrum was mention, that's a key word to keep in meaning they could decrease the amount of asset purchase that would increase yields further...
Hello traders: Looking at SPX here for further development on the bearish move. We see the price action had a bullish push up breaking previous highs. However, price did not continue with continuation corrections, instead we see the bearish move down on the LTF. This is a good indication that the bullish momentum is exhausted, and we may see the reversal...
Hi traders: Looking at DJI for the bearish reversal in the up coming days/week. Overall looking at the price action, we see DOW has hit the all time double tops, and price is showing reversal price action on the LTF. Price had a push up, but failed to continue higher with any bullish correction. Instead, we see a short bearish push down from that area, and a...
IM jumping back in us100 as i expect it to spike on dollar fall at some point this week. head and shoulders reversal on 30m
Hello everyone! When the world goes lockdown on Wave 2, the US remains in lockdown since March, and guess what, it was a pretty damn good March to November for the US Indices. Despite losses in major fields, tech companies showed significant growth and revenue, pharmaceutical companies were on the spot as well, and in general despite DXY dropping since then, SPX...
Very important how US indices will close today. All week long we had a non-stop selling , and if today we get the close at the lows (ideally close to support line), I would not be surprised to see strong follow through on Monday as well, even gap lower and limit down maybe. Prices often continue trending on Mondays in the same direction as Friday close. So given...
U.S S&P 500 Index. - Retraced from its sideways resistant. - Broken down below its Mid Term Trend. - Its next 5 days crucial reversal zone will be important to take note. - A break down below this zone will also mean breaking down below its Long Term Trend (Red Line) will spark a Bear Market. - A recovery above this zone and above its Mid Term Trend = Super...
NASDAQ has made a run towards the trend line and looks to have broken a wedge which i shall post on the 15m timeframe after this post.
Carried on from 15m chart i just posted.
Looks really nice to short here after printing a high and rejection of trendline and what appears to be the break of a wedge. rvi bearish cross