curection start , our target is 3950 today sp500 reach fibo 61% , in monday it can little go up at open ,then crash , if you have buy , on monday high close all , in next 10 day sp500-dow-dax will go down
this is powerfull down currection ,dont think like before will back to high soon ,,,, dont inter buy sooner than 3950 , 100% put SL
green arrow = powerfull buy place ( lowest low places)
good luck
Es_stratgy
S&P futures getting closer to upside resistance level. Upside target is still 4235 as long as 4113 holds. If 4163 fails, next bullish bounce can be seen from 4146 or 4135. Close below 4113 may indicate short term trend change unless we see a quick crash and bounce around 4050. On upside, 4188 is immediate resistance, once overcome can move towards 4235-4240.
MY STRATGY FOR TRADE DAX AND GOLD my break trend stratgy
draw all trend line and support on weekly,daily,1hour,15min chart
charting.godmode-trader.de
after practice you must see on gold 9 tp 1 sl and on dax 3sl 7tp(dax manner is zigzag,gold is super trendy)
USE ONLY SMA200 (simple moving avrage) on gold AND EMA200(exponential ma) on dax
EMA 200 (sma200)in 15-60-1440min is very very important put this 3 on your chart
AC (accelator occilator ) in dax is for 30-240min but in gold=60-1440min
if you dont have AC , use fast stochastic 5-3-3 simple (candel avrage ,not close )
on gold use fibo for TP and on dax,dow,sp500 use fibo extention(projection) allways your tp must be min 3*sl or more
charting.godmode-trader.de
dont judge soon like stupid,try this 1 month and 20 posation then judge
good lock
15/10/2020 #SPX #ES_F sell!Just re-posting this as my original post 12 hours back is hidden for including my Twitter handle! oops
I trade by identifying spot on daily turning point levels everyday for many instruments, including #SPX. Set price levels near these levels and trade when opportunity comes.
New to #tradingview. Will be providing my intraday levels for some of the instruments here on a daily basis, as I have done for some followers on twitter.
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#SPX #ES_F is over-extended. Yesterday's down move signals more down move to come. #NASDAQ $QQQ correction is clearer, and it should bring #SPX $SPY along with it. Bias is down below 3500, targeting 3454. Break of 3448 will bring 3420, which should cap low of day - low risk long level. Go long only above 3500, targeting 3520. 3535 will cap high of day - low risk short level.
Comment: Slight correction to the above. 3420 is a near term support. 3382.8 should be the cap of the lows instead.
Comment: 3454 (3448.5 in fact) hit and level holding for now. We might have a minor pullback now before further down.
Comment: 3448-3454 level holding and oversold. Better to re-short at higher price. Look for short entries at 3470
Comment: 3470 perfect entry. 7pts down move on 1 pt MAE