📊 According to the sales pressure in the market, if the range of 5010 units is broken and the price stabilizes below it, the price may fall to the range of 4990 units🎯, and in case of strength, the range of 4950 units🎯🎯. 📊Otherwise, the possibility of price increase up to the range of 5050 units.
Everywhere I look I'm seeing talk of a "new bull market" But I don't think this is a new bull market I think we are getting a visit from a distant relative: Ole' Cousin Bear Market Rally Why do I think this? Well, typical of "family", the members within share common attributes In the next post we will talk about what some of those common attributes are in detail
Pair : SPX500 Index Description : Consolidation Phase Completed " 1234 " Impulsive Waves Break of Structure and Retracement Fibonacci Level - 61.80% Exp Fiat as an Corrective Pattern in Short Time Frame
Shorting oppportunity on the theory markets ranges 70% of the time.
ABOUT This idea post is showing some of my longer term stocks that are creating a good structural bases. Following are going to be a list with annotations for each stock as well as what I am seeing. I will be updating through out the week when I finish my full screening. ABOUT ME & MY TRADING STYLE I have over 15 years trading experience. In that time I have...
This idea is based on the retest of entry line and rejection up towards the targets. Be patient with entry, enter just after this rejection. Set your SL after the entry and if any 30M candle closes below the SL zone, cutloss your trade. TP your trade partially at the black lines. I will update this trade when-if entry conditions are met. Not guaranteed. If you...
Dear colleagues, I assume that the upward movement in the senior wave “3” will continue, but after a small correction, presumably to the area of 50% Fibonacci level 5117.0 . Then I assume the continuation of the upward movement to the resistance area 5282.3. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
MACRO MONDAY 8 S&P500 / M2 Money Supply ( SP:SPX / $WMN2S) M2 is a broad measure of the US money supply that includes cash, checking deposits, and other types of deposits that are readily convertible to cash such as CDs. M2 is seen as a reliable metric for forecasting/predicting inflation and for this reason it can be used as leading economic indicator....
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
Technical Analysis and Outlook: The index reached our projected Mean Sup 5013 and swiftly jumped higher by suppressing our played-out interim Dead-Cat Rebound Mean Res 5110. Now, the index is moving to complete our Inner Index Rally 5175. This upside move will trigger a strong squeeze pullback to Mean Sup 5013.
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Today, the chart formed a big bearish candlestick and I personally preferred to close all positions. Is the chart going to touch 4820-4800? I hope not. For now, I will watch the market until I am sure of the upward trend of the market.
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
SPX is heading to new all time high by May 21. Invalidated if breaks below Apr 19 low.
Understanding the Interplay Between S&P 500, Core CPI, and the Non-Manufacturing Index The world of finance is a complex web of interconnected factors, where seemingly disparate indices can influence one another in unexpected ways. Among these, the S&P 500 , Core CPI ( Personal Consumption Expenditures Price Index ), and the Non-Manufacturing Index stand...
Everyone senses there is something coming, but nobody knows what it is. Regardless the markets will correct massively, technically because we haven't had a 0.61 fib correction in a decade, secondly because the bags are too heavy and everyone is bagholding, we need to shake those who call themselves diamond hands at +50% price discounts, i.e. cheaper...
The foreign exchange market (Forex) is a global, decentralized financial market where traders buy and sell currencies. It is the largest and most liquid market in the world, with an average daily trading volume of over $6.6 trillion. There are many reasons why the Forex market is popular with traders: High liquidity : Due to the huge trading volume, traders can...
SP500 reached a strong reversal area where price reacted in the previous week. I was expecting a little pump in my previous ideas, and honestly i wasn't expecting it to rise so much. But i am holding my short trades and i am adding more here, consider i expect a selloff this month. First target the support zone at 4990