From Yesterdays Idea, this played out taking out BSL. Now looking for RTO to GCF & FVG to enter & take this down to low of Daily FVG like I mentioned yesterday. Will be taking partials along the way. May go 2% & then leave 0.75% running.
would like to see retest of 85,00s tbh but would be > happy w/a close under 72,50. when in doubt, zoooooom out!
$SPX - What's next? Important data coming out this week out of US as well as Powell tonight it would be a surprise if he's dovish I'd personally like a pull back in US indices and to get back in long, this principle is validated with metals as well, let's not forget NFP... As the market is forward looking, we have seen DXY decline as rates will be declining in...
CME_MINI:MESU2022 Current market structure, sell-side was taken with a displacement to the upside. Entering long after 8:30am on a return to a discount relative to the current trading range. Stop placement below 3903.25, targeting previous day high. Keeping the risk low because of non-farm payroll. Anything can happen!
S&P500 Bullish Setup - To run This week - TP to be hit by FRIDAY
Hello everyone This is my SP500 idea for daily time frame watch key notes for more detail on chart for any question feel free to ask :) good luck
Hello everyone Sp500 started a uptrend channel in April however in SEP we broke this uptrend channel but SP500 found support on the blue trend line and price went back to test the previous Uptrend channel Price respected the uptrend channel resulting a doji candle that means the previous channel is acting as resistance now Or price could get back into the...
S&P 500 is signaling to me the formation of a short-term long setup. This is against my HTF stance of looking for 3200. For this short-term setup, I will look for 3330 and then 3370.
SPY closed up 0.92% yesterday. With no conviction. SPY up bias but bulls resolve wanting. SPOOS are giving up most of yesterday's gain, down -21 handles as of now. Banks (BAC, MS) earnings reaction is indicated negative pre-open. Weak XLF sure to pressure SPY to the down side in the early going.
TVC:SPX So the futures market after moving up from almost touching a vPOC moved back up to the 3100 range on option expiration Friday. After hours they moved back down to touch the vPOC at 3057. This now opens 3200 as untouched vPOC, as well finishing business at 3188 to fill the gap. Market action was weak towards the end of the week - but don't bet...
We can easily see that some patterns completed in SPX daiy chart. So I'm planning to go short. PATTERNS: 1. AB=CD 2. Butterfly 3. Breakdown previous swing low Risk-to-reward ratio: 1:3 Note: I will cover half of my position at 1:1 Disclaimer: This is not financial or investment advice Trade safe, Atilla Yurtseven
The S&P500 has had high after high over the past few weeks after breaking out of the 3025-3030 all-time high. The index has moved nearly 4% off the new highs. From here we've seen the beginning of the first red week or reversal in 6 weeks of straight gains. It's healthy for the market to pull back slightly before breaking higher. No one wants to buy a top and that...
The days of Trade War headlines viciously bringing down markets may be over. "Listen here grandson, back in my day a headline about the Trade War could drop spoos 1% or 2%" Two days of headlines. Both recoveries. Also my thoughts on why: twitter.com
An interesting correlation to say the least. Uncertain if chart is based on anything significant or simply an odd coincidence.
Update to a previous idea.
3 short setups I'm watching (red circles are indicative), First one is currently in play. Looking to cover ±2730 around April 1st. Stop out when 2828-2830 is reclaimed on 1d close TF. Let's see how the market develops. The middle part might take some extra bars, in that case will update at later stage.