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Futurestrading

End of Week Wrap! SPX, ES & Leading DiagonalAs the trading week comes to a close, market participants have witnessed a slow yet steady rise in SPX futures. I'm going to dive into the advantages of trading futures, analyze the recent price action in ES futures and the SPX index, and discuss the leading diagonal pattern that played out in the market. I will also provide insights into what to expect for the week ahead and share some advice on trading cautiously. The Advantages of Trading Futures Futures trading offers several benefits to traders, one of which is the absence of theta decay. Theta decay refers to the decline in the value of an option as time passes, which can erode profits in options trading. With futures, traders can benefit from even slight movements in their favor, making it easier to secure profits. Be careful for futures rollover dates, which TradingView conveniently places on the chart for your reference. Recent Price Action in ES Futures and SPX Index The ES futures experienced an upward movement, reaching the 4000 mark and hitting the resistance level at 4010. On the other hand, the SPX index did not quite make it to 4000. However, it is possible that it could reach that level next week, potentially after a lower open on Sunday evening. As the market conditions evolve, I will be closely monitoring ES for a move up to 4020. The Leading Diagonal Pattern in Action As anticipated, the leading diagonal pattern played out, and after breaking out, the price action briefly retested the trendline before moving up to 4000. This pattern indicates that the market is poised for a significant trend reversal. Expectations for the Week Ahead For the upcoming week, I anticipate that the market may open slightly lower, though not significantly. Shorting the market at this stage should be approached with caution and considered only for short-term day trades. After a potential pullback, I expect the market to make a move up towards the 4020 level later in the week before encountering another rejection. That is where I will consider adding short exposure. However, predicting such a scenario far into the future comes with inherent uncertainties, so it is wise to revisit my hypothesis next week and adjust as necessary. Trade Carefully and Stay Informed As we venture into the new trading week, it is crucial to trade carefully and stay abreast of market developments. By understanding the advantages of futures trading, closely monitoring price action in ES futures and the SPX index, and analyzing patterns such as the leading diagonal that unfolded over the last 2 days, you can better navigate the financial markets and make informed decisions. As market conditions evolve, it is essential to continually reassess your strategies and adapt accordingly. By trading cautiously and staying informed, you can minimize risk and maximize your chances of success in this ever-changing landscape.
CME_MINI:ES1!
by bitdoctor
My today's view on SPX500 FutureHi Traders, This is my view for today on ES Ok, the micro-structure. Is aligned to the macro one from are 4050. There is one more GAP to fill around 4080 area. Today’s target is 4090 and could be reached directly during London Session or (better to me) by a liquidity grab from 4057 or Asian Session High Level. Pit, Trading Kitchen DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
CME_MINI:ESM2023Short
by kitchen_trading
My today's view on SP500 FutureHi Traders, This is my view for today on ES In terms of Structures and Technical Analysis, everything is BEARISH, next target is 3838, honestly I don’t think will be touched directly during today’s session. A possible manipulation around 4000 level key zone during US opening could bring market to the target. Pit, Trading Kitchen DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
CME_MINI:ESM2023Short
by kitchen_trading
Bullish Signals Abound: Is Now the Time to Invest?The current market sentiment for Bitcoin is overThewhelmingly optimistic. Several bullish indicators have been activated, and market conditions appear to be aligning for a potentially significant surge in market value. For those who have already established a position, this is an exciting time. If you haven't yet entered the market, now may be a good time to consider doing so. Bitcoin's price is currently trending upward, and it's likely that this trend will continue for the foreseeable future. However, it's important to remain vigilant and prepared for potential market fluctuations. As with any investment, there is always a level of risk involved, so it's important to make sure you're comfortable with the potential downside before entering any positions. Additionally, it's important to stay up-to-date on market trends and indicators to ensure you're making informed decisions about your investment. In conclusion, the outlook for Bitcoin is promising, and those who position themselves properly could stand to make significant gains in the near future. However, it's important to be mindful of potential risks and prepare accordingly. Good luck with your investment!
BITSTAMP:BTCUSDLong
by EliteSignals
1
OPENDAO Getting readyThe current market sentiment for Bitcoin and other cryptocurrencies is indeed optimistic, and it's encouraging to hear that your position in $SOSUSDT has caught your attention. Market indicators are suggesting exciting developments may be on the horizon for this particular asset, which is great news for those who have taken a position. It's important to note that various bullish indicators have been activated, and market conditions appear to be aligning for a potentially significant surge in market value. With your position established during the Christmas period, you have already taken advantage of the opportune timing, and it's proving to be a wise decision. While we may experience some lateral movement in the coming weeks, the outlook for the near future is promising. However, it's advisable to remain vigilant and prepare for potential market fluctuations, as with any investment, there is always a level of risk involved. Make sure to keep an eye on market trends and indicators to ensure you're making informed decisions about your position. With careful analysis and preparation, you could stand to make significant gains in the future. Good luck with your investment!
Long
by EliteSignals
1
My Today's view on SPX500 FutureHi Traders, This is my view for today on ES Macro and Micro strutture are both BEARISH and aligned. 3902 recent structure has been broken, which is why we must continue to believe that the recent low at 3880 is the next target. There is too much liquidity above Friday's high, which I think can be touched before we go towards target. Personally the most likely scenario is a manipulation at 4020. Pit, Trading Kitchen DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
CME_MINI:ES1!Short
by kitchen_trading
My todays' view on SPX500 futureHi Traders, This is my view for today on ES Micro and macro structure are aligned. Next target will be 3900 and can be reached immediately after a manipulation around Asian Session High or with a retest on 4000 level on a strong SUPPLY zone. (I’ll personally wait for this retest to go short). Pit, Trading Kitchen DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
CME_MINI:ES1!Short
by kitchen_trading
Recap of my trade for todayGood afternoon and good evening traders ! Today we had a great 2 trades on CRUDE OIL, 1st one is the one I published 5h ago when I said to sell, you can see on the chart I drew 2 support lines the price pulled back on, you might wonder how I got those 2 lines it's due to a specific tool I can't share with you. Well after reaching the lower line we closed and kept waiting for what will happen, then it turned out that the price decided to go long and we got in at the 2nd arrow and closed at the green candle next to the arrow on the right after having the squeeze configuration. I didn't share the 2nd trade since I have clients I work with privately and it won't be fair to pay for something and I give it for free For more questions don't hesitate to ask I'll be answering with pleasure
NYMEX:CL1!
by YassineAnalysis
Time to RALLY! Don't sleep on this one 🔥Hey guys! Today I'm sharing a nice catch that is still early in the green market we're having in crypto! So this is RALLY a beautiful project and now let me share analysis per Ichimoku Cloud: 1D - It broke through Kumo from below to above which is a strong bullish reversal sign, specially in the long term for the Daily Timeframe! So this is really great news! 4h - Kumo is getting thicker which means the uptrend is getting stronger and acts a support. Kijun-sen has been pretty flat all the way warning about retracements along the way but you can consider these as opportunities to enter and ride the upcoming Daily Timeframe uptrend that's just starting out! Tenkan sen is pretty strong pointing upwards! 1h Our entry trigger timeframe would be here: It hit a resistance from 0.0142 to 0.0159, if we see a breakout from this resistance, you go long! ♥ That would be the safe set up for this! Happy trading & stay shiny! ✨
RLong
by KinaStar
4
My today's view on NASDAQ - 03/02Hi Traders, This is my view for today on NQ. Trend is Bearish since a long time. We're approaching potentially a high reversal zone around 11.700. Until that I'll stay Bearish, then wait for a confirm. Continuation or Reversal. I remind you that this is only a forecast based on what current data are. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view. Pit, Trading Kitchen DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
CME_MINI:NQ1!Short
by kitchen_trading
My today's view on NASDAQHi Traders, This is my view for today on NQ. There's a lot of liquidity to grab around 12200 (probably during US Opening). Target 12000 I remind you that this is only a forecast based on what current data are. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view. Pit, Trading Kitchen DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
CME_MINI:NQ1!Short
by kitchen_trading