Short closed.. Long from 5050 Tp 5137.. Good luck and safe trade
With the S&P pulling back from highs, let's explore where prices might find support. Retreat and Rebound: Analysing S&P 500's Pullback Opportunities It’s finally happened: the S&P 500 has started to retreat after a strong upward trend. Between late October and early November, the US headline index surged by 28%, marking a significant uptrend. However,...
I expect a 12345 retracement or a ABC correction to 3800 by October-November 2024. After that, one year of a new rally to 4800 pips. And then, the really crash by 2026 with a bottom of the market by 2027. Let´s see. Now, little by little: It´s my idea of a correction to 3800 in 6 months time correct?
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...
Now that the long time SPY target of $524 is booked and holding, I'm setting sights on the downside (again). Maybe this time it'll stick. This is done with my dowsing and is more of a journal to see what works or doesn't and how long things take. Back on 3/12 I did a reading asking when the market will start a move to the downside. At that time, I got the date...
In April, the markets navigated a sluggish terrain, witnessing pullbacks from the record highs achieved in March for both the S&P 500 and the Dow. Meanwhile, the NASDAQ experienced a marginal dip, bolstered by specific technology stocks. Persistent concerns surrounding inflation lingered, exacerbated by the latest Consumer Price Index data revealing a 3.5% annual...
Correction As you see, market finally has entered to a correction wave. Nobody knows when it will be finished but there are some support levels on it's way. First support is about 5000 and second one about 4800-4820 . I'm looking for finishing correction to get new buying positions.
Spx now is at 5153 it could continue to go up till zone B ( 5202-5221) then continue to fall to zone c For short entries wait until reach zone B Trade is activated If SPX continues to raise 5240 This trade is canceled Hope you all get rich soon
I've seen a lot of people bearish on AI stocks hate a lot on things like ChatGPT or AI image tools. I think they're awesome. But is the AI rally setting up a rug pull? Let's look at the evidence to suggest there might be. In this post I'm going to cover lots of the rug pull setups pending over the markets. Note: These are patterns that are expected to create...
As we step into the second week of the Q1 earnings season, a roster of major financial players is gearing up to unveil their financial reports. Expect updates from Goldman Sachs, Bank of America, Morgan Stanley, American Express, Blackstone, and Charles Schwab. Additionally, non-financial companies like UnitedHealth, Taiwan Semiconductor Manufacturing,...
Market never liked uncertainties, which was evident on the US equity markets for one more time. The optimism from the beginning of this year is still not fading, however, it reacts to increased inflation data in the US and also geopolitical tensions, which for one more time are emerging in the Middle East. The future period might bring some challenges to the...
Here is our detailed technical review for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 5122.2. Taking into consideration the structure & trend analysis, I believe that the market will reach 5315.3 level soon. P.S Overbought describes a period of...
Hello Traders! I expect a bullish on SPX as we see the imbalance fill and a perfect retracement from the OB, considering this movement a signal for weak bearish and a strong bullish sentiment. I expect the price to rise until the 5275 resistance level, with a potential set of a new All Time High. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this...
Pair : SPX500 Index Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame
fibonaaci levels showing me the SPX has peaked and more money printing is required. Even though real interest rates are still negative (loose money) the SPX has struggled to break higher. Fed needs to pump more money and buy more bonds. If it can not do this then Fibonacci has decided the market top. and a 38% retrace could happen.
Take noted the below is not an investment advise, bet at your own risk. I am solely not responsible for any of your loses in money or assets. The Current S&P 500 price is 4320.05 as of 24 September 2023. The S&P 500 have potential to drop to 3900 to 3850 range in the coming 1.5 months before the Fed's FOMC in November 2023. The price will hover between 4618.28...
Inflation still high Index at maximum price and high P/E Big investors who don't usually sell are selling (James Dimon, Zuckerberg, Bezos) Greedy market Inversion in the yield curve Leading Economic Index signaling crisis We are 5 months going only up and strong. I'm out of the stock market for now, waiting a correction at least at the 0.382 fib...
If it is to continue doing so, which I believe it will, then the correction is over, and the bottom is in before 5000. on the one hour chart we are seeing bullish divergence on the RSI, which has marked prior bottoms. I wouldn't be surprised if today was bottom.