💡 S&P500: analytical review for 2-6 August.
Updated
📌 Large participants stealthily gained buy positions, increasing the bulls' net outperformance by 62%.
A 14% increase in locked-in investor positions suggests the probability of asset price movement in the price channel during the new trading week.
📝 The main scenario for next week is a retest of the market maker balance (4370.0) and a subsequent rise to the limit seller (4424.9).
In case of breakdown and fixation above the option price level at 4424.9 we expect a continuation of long term growth with medium term target,- market maker loss (4481.2).
🤔 Like the idea? 👍 like it ✍️ write a comment
A 14% increase in locked-in investor positions suggests the probability of asset price movement in the price channel during the new trading week.
📝 The main scenario for next week is a retest of the market maker balance (4370.0) and a subsequent rise to the limit seller (4424.9).
In case of breakdown and fixation above the option price level at 4424.9 we expect a continuation of long term growth with medium term target,- market maker loss (4481.2).
🤔 Like the idea? 👍 like it ✍️ write a comment
Trade active
💎 S&P500: investors are looking to buy, rally continues. 
Key support for Monday 2 August is the balance of the day (4389.6).
⚙️ The main scenario is a successful test of that support and the subsequent rise to the limit seller (4433.2).
In case of a breakdown and fixation below the 4389.6 price level, the subsequent support for today will be the limit buyer (4372.3).
💡 On a successful test of the limit buyer (4372.3), the mid-term upside target will be the market maker's loss level (4480.9).
Trade active
⚠️ S&P500: going to test the balance of the week? 
✍️ The key support for today is the weekly marketmaker balance (4375.0).
Subsequent option support is the limit buyer level (4360.9).
♻️ With the formation of a buy pattern inside the price range of 4375.0-4360.9, we expect a subsequent rise to the close of the currency day with the target,- limit seller (4412.8).
Trade active
🔹 S&P500: looking for bargain buying opportunities. 
The closest support for today is the balance of the week (4380.0).
💰 In case of a successful price test of 4380.0 we expect a rise with the nearest target,- limit seller (4421.1).
Average upside target remains the market maker's minimum profitability level (4478.0).
Trade active
👉 Gold: waiting for consolidation below the balance of the week. 
👉 The closest support for today is the balance of the day (4394.9).
📝 The main scenario for today is the formation of a buy pattern in the price range of 4394.9-4384.5 (balance of the day and limit buyer).
The ultimate upside target is the limit seller (4418.0).
Trade active
📌 S&P500: marketmaker balance level - ideal price to buy? 
⚠️ The closest support level for today is the balance of the day (4421.8).
📝 On a consolidation below the 4421.8 price level, the subsequent downside target for today is the limit buy (4399.7).
In case of rebound and fixation above the limit buyer (4399.7) we expect the realization of the main scenario: rise to the market maker's loss level (4472.3).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.