Short Term Pattern in play on the 30 Minute S+P 500 Chart reveals the "potential" for a bearish Head and Shoulder's" REVERSAL Short Term Pattern Support is clearly at the April 6 low, 4069.84. You can see the obvious upside breakout occurring in the KST Indicator ( Shown Here), so any bearish breakdown would be a considered a "counter trend" move in the...
The S&P500 index (SPX) has extended its rise since our buy call 21 days ago: The price is at the moment on the 4H MA50 (blue trend-line) for the first time since March 28. The Higher Lows trend-line below offers an additional Support level, with the last resort being the 4H MA200 (orange trend-line) below, in case the 4H RSI breaks towards the Green Zone....
Short SPX - Resistance using Pitchfork 4100 Put 0DTE is $4.00 4100 April 10th One DTE is $20
Hey there, We are excited to share with you our weekly market analysis for the Forex and Stock Market, as well as the most important cryptocurrencies for the upcoming week. We hope you find the insights valuable and useful for your trading decisions.
The S&P 500 continues to shuffle sideways as a new quarter begins. However, there could be indications of positive forces gaining dominance. The first pattern on today’s chart is the falling trendline along the highs of August and February. Will traders feel more bullish if prices break this resistance? Second, while there may not be much resistance above, there...
if I have the opportunity, I enter for the last time for the same target, if not, then that's it
continuation of last week move now traping buyers and creating liquidity for sellers . all at the sime time unwinding the buy sell positions held for the movers
With all the Doom & Gloom regarding recession worries we liked our idea even more so into Q1 close last month. So far so good however we are still very early in Q2. We remain bullish above last months high (March 2023) Seeking Pips will be managing our positions on the Weekly and Daily charts. We also note that the current price is also in a key Fib...
SPX seems in bullish trend as it is continue to make higher high and high lows and also giving three white soldires candlestick confirmation on the high low.
Exuberant Pumping-up to Settle Back Into Reality? Day 6 In our trading plans published yesterday, Tue. 04/04, we wrote: "With the quarter-end window dressing, and the new month beginning related artificial/seasonal boost to the markets behind us, the reality of the economy, inflation, and the interest rates soon to be driving the markets again. Whether it would...
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Hello Everyone, This is my analysis about the SP500, since we're having a bad data on the PMI Services and if Friday delivers a bad interpretation of the NFP news, i want to see a retracement into the premium key levels and see in a lower timeframes a confirmation of a bearish move, then i'll proceed to short and targeting the fair value area and a lower...
The S&p 500 index broke its falling trend from 2022. Does this mean we are entering a bull market? According to the Dow theory, I don't think we are in a bull market unless the 4300 level is exceeded. I expect it to drop to 3200 in my base scenario and 2800 in my worst scenario.
A margin call is a demand from a broker or lender that requires an investor to deposit additional funds or securities into an account to meet the required minimum margin requirement. Margin refers to the amount of money or securities an investor must contribute to their trading account in order to borrow funds from the broker or lender to invest in financial...
Bad financial data for the U.S. market continues to stack up. This week, we saw a slump in ISM non-manufacturing PMI to 51.2 (from the previous figure of 55.1) and ISM manufacturing PMI to 46.3 (from 47.7 in the preceding print). In addition to that, we also saw that factory orders declined by 0.7% (MoM) in February 2023, and JOLTs job openings fell below 10...
In my opinion, with the breaking of the trend line, we should expect a fall from this symbol
U.S. non-farm payrolls rose 236K in March, just under the 240K expected and less than the 326K added in February (revised from +311K). Jobs growth in March was well below the average monthly gains of 344K over the past six months. While the headline number suggests that jobs growth rate is cooling, the unemployment rate, slipping to 3.5% from 3.6% in February,...
(N) Market MACD right on 50/50 signal below ma. rsi bull right above 50/50 signal above ma. market In (N) phase (pullback) for now can expect primary trade in decline double top forming for reversal. expecting market to take the lessor incline (4.47%) and more of the significant decline @ -6.88% Climbage Projectile: P1: INCLINE: 4.47% DECLINE:...