Good morning and welcome to episode 810 of ‘Talking Bull’. Latest headlines today, Risk appetite strengthens, Mixed US data, German data disappoints, Canada inflation declines but UK inflation defies expectation, Big Fed decision Wednesday.
ETH session market has been trading sideways, given today is Federal Reserve's decision day for rate change or not. Any surprise will shake traders confidence. Any test of Yesterday's High could provide direction for the day. Level to watch 4038 --- 4036 Report to watch: US:EIA Petroleum Status Report 10:30 AM ET US:FOMC Announcement 2:00 PM ET ...
Tune in and find out my thoughts and ideas about the market across the major currency pairs, commodities, and cryptocurrencies
Hello traders, this is 2hour chart of SPX (S&P500). Currently looking at speculative XABCD setup, advanced entry on sell side from overhead resistance at point C, which is 4218. Points X/A/B confirmed already. Pattern overview and levels: X at 3742, A at 4173, B at 3853, point C and 4218 and point D/PRZ at 3615 (extension). Point C/D also coincide with liquidity...
SPx the price as long as trade above 3920 then will try to touch 3859 and 3827 and 3800 Now... stabilizing the price above 3920 will support rising to get 3946 and above 3946 will be 3970 Otherwise, the closing 4h under 3890 supports the falling to get 3859 and under it 3827 Pivot Price: 3893 & 3920 Support prices: 3870 & 3836 & 3805 Resistance prices: 3946 &...
SPx STABILIZING ABOVE 4010 will be bullish to get 4040 and above it 4055 but stabilizing under 4007 will try to retest 3979 and 3968 today we have Interest Rate it will affect the market randomly Pivot Price: 4010 Support prices: 3972 & 3946 & 3920 Resistance prices: 4040 & 4055 & 4090
SPX: S&P 500 inverse head and shoulders pattern daily chart
Before the previous meltdown in stocks, in early February 2023, we warned that investors were trying to fight the FED, breaking the cardinal rule of Wall Street. With the recent rebound in SPX and people trying to call FED’s bluff (again), this trend seems to continue. Today, so much anticipated FOMC meeting is here, and central bankers are expected to increase...
My pre-market live forecast on Monday has not changed, a trend for the spx to rise and then fall this week Why do you say it's up and then down this week? It is clear that Downtrend2 is not divergence, and the decline is even stronger, even though there is a rebound on the 1-hour chart and the lows are moving up, the strength of the uptrend (pink line) is getting...
Gartley 222 short - entry at 30 min Close half at 1 to 1, then aim for 61% retracement of the AD leg
BIG SHORT for my colleagues. Please keep R&MM if trading. Good luck.
New trend emerging with a favorable set up. Risk 3.5% for 12%
Bullish signs pointing to a move towards 4400 this yearr
Stocks pushed higher again on Tuesday, adding to gains posted the previous day, as concerns about the banking sector continued to ease. Attention now focuses on the Federal Reserve's interest rate decision, set to be announced on Wednesday. As specially mentioned yesterday, the market is choosing direction and most likely it will go up, and I don't know how you...
Through-out the history of finance time decay happens, people forget its human nature. Federal funds climbs the wall, people panic followed by entering the market causing a return to normal, everything is fine this time is different. Whats that? the Federal funds start to fall faster than the Berlin wall, this is good right, cheaper effective cash. As the...
I switched the S&P500 to Regular Scale and it appears to have bounced off the Macro Descending Channel. This is good news for the Bulls. The main news I'm hearing is that some banks are getting bailed out in order to provide retail confidence (depositors are guaranteed to get their deposits back although the banks have billions in loses?). I feel like this would...
Price did not play out according to my analysis last week. Price is still well within the bearish POI at 4078.49 and if price invalidates this area, we could potentially see price rally to the bearish POI at 4201.41. If not, price will continue with the bearish order flow.