SPX macro analysis ⏰

Updated
Hello πŸ‘‹ it's me your RAJ πŸ™‚ professional trader ✨

This idea πŸ’‘
is completely my own analysis to explain situation _&_ market conditions of SPX
How this chart valid for long term πŸ“Œ explained clearly based on technical #TA πŸ“Œ #DYOR

Let's go with market conditions 1st πŸ‘‰

PPL πŸ“Œ thinking πŸ€” big crash in S&P500 , based on economy and some other theories
I don't this things go , if this happens πŸ˜‚ it will vanish not only stocks or companies even goverment also get vanish

Money πŸ’° >> PPL work / save in -> gold , bank & stocks
Money πŸ’° >> banks -> save in ->> gold , stocks & giving loan to company & PPL πŸ“Œ
Money πŸ’° >> companies -> save in future growth πŸ“ˆ give return to retailers and keep on increasing vlaue for future like AAPL , GOOG , AMD etc ....

if stocks lose πŸ“Œ PPL lose πŸ“Œ if ppl lose πŸ“Œ goverment also lose πŸ“Œ biggest revaluation πŸ˜‚

This is the major index ☝️ for many stocks , did you think πŸ€” it will crash 🩸 that much harder πŸ™‚

Use 🧠

πŸ‘€ Let's go with my technical analysis ⏰ #TA ->> how I am expecting macro growth πŸ’Ή

πŸ‘€ There tend line πŸ™„ at previous High 2022 > to < 2023 which actually promised
trend πŸ“‰ line and even turned as resistance πŸ“Œ for 1.2yr
+
Finally it was broken and re-test also done πŸ‘ turned as support πŸ“Œ πŸ’œπŸ’š πŸš€

πŸ‘€ According technical analysis πŸ“Œ my analysis get Invalid πŸ“Œ when month close below $3800.2

πŸ‘€ There was oder block strong πŸš€ support πŸ“Œ in 3 - month $4000-4200

πŸ‘€ The previous order block at $4300 & $4600 easily broken πŸ˜‚

These and some other theories making me push towards new high πŸ’°

Expecting target's 🎯

🎯 :: $4880-$5018 ( easy target )
🎯 :: $5324-$5469 ( πŸ’― target )
🎯 :: $5885-$6484 ( high pressure resistance )

Support πŸ“Œ $3900-4200

This is my analysis on S&P500 on macro , i will post other patterns and chart of technical as per education under this post πŸ“Œ

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πŸͺ© disclaimer :

▢️ TQ u for supporting πŸ’š follow idea πŸ’‘ get updates everytime ⏰ when I updated πŸ“Œ


Note πŸ‘€

πŸ‘‰ keeping comments , reacting with emojis , pointing us is very easy to some people
They think πŸ’¬ what they see πŸ“Œ that was knowledge πŸ“Œ

We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull πŸ‚ and bear 🐻 is more important

Economical conditions
Fundamentals
Technical
News
Sentiments


Checking macro to micro having good plan and build it is very important ☺️

Some Times market easily turn suddenly bear // bull 🀣 even we need to catch 🫴 those movements is also very important ☺️ πŸ’›


I hope i cleared my view πŸ™‚ if any points if I miss I will add in update πŸ“Œ post

Try to understand, try to learn - try to move with flexibility with market is important


Have good day 😊


Note
snapshot
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3 month ⏰ πŸ“‰πŸ“ˆ oder block - hitted πŸ‘€
Note
Wow πŸ₯Ί excellent πŸ‘Œ rejection _&_ bounce back from order block πŸ“Œ

Send it πŸš€
Note
Previous weekend candle closed potential green πŸ’š

Present πŸ’ was green πŸ’š rising hard
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snapshot

+11% πŸ˜‚ where bear 🐻 PPL πŸ“Œ
Note
+15%
Note
Target 1 🎯 COMPLETED πŸš€
Beyond Technical AnalysisFundamental Analysissandp500SPX (S&P 500 Index)S&P 500 (SPX500)US SPX 500StockstechincalanalysisTrend Analysisusstockusstockmarketusstocks

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