Can Stocks Break the Bear Momentum??Stocks have retraced to support at 4389. Although the bleeding does appear to be easing for now, we do seem to be forming a bear flag pattern and could be looking to dump lower. If so, 4327 is a reasonable target for support. If we are able to catch some momentum, 4462 and 4521 remain our targets on the upside.
Snp500
SXP500 Index: Correction will end in 2-3 days?Today we are here to talk about the SXP500 index.
Today: The index is trading at 44 12. We saw a sharp down move in the last trading session. The link is in the description, there I mess this up by posting the idea on Sunday and it didn't take into account the trade of Asia and Europe, so it's not accurate.
What's on the market now:
The market has come out of the phase of uncertainty. And it entered the stage of deep correction. Currently, the market is developing a correction, the end of which will be at the level of 43 50 - 42 85
What are we waiting for today:
Today we are waiting for price stabilization and then the market movement towards 4330.
What I recommend:
If you want to open short:
Opening short positions is possible on a rollback
If you want to buy:
It is better to refuse from purchases, a sharp price movement to the zone 43 30 is possible
Please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
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Bye!
How Low Will Stocks Go??Stocks have retraced back to 4389, which is a technical level and relative high back in March. The Kovach OBV has retraced significantly, and we have blasted through several levels to the down side. Current levels are good candidates for a pivot, and if so, 4462 and 4521 are the next targets. If we keep collapsing then we should see some support at 4327.
Is GOLD following THIS patten? Detailed overview!The accumulation of GOLD continues for more than 600 days. Right now we are in the handle stage of the Cup and Handle pattern . On the breakout of the wedge we can open long positions and the entry point should be looked for on the lower timeframes!
According to this pattern, the price should rise by 24% to the $2,500-2,600 zone. But after such a long accumulation, the price can reach even $3,000!
Gold is a protective asset and it is bought before or during global instability. Does this mean that the markets will collapse soon? Of course not, but we should pay attention to such patterns. Especially on the patterns of the higher timeframes (1W, 1M)!
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Can Stocks Hold Support?? 😳😦Stocks have retraced to support at 4462, a strong technical level which seems to be holding. We are hanging on by a thread and if we break down further, then 4440 is the next target after crossing the vacuum zone below. The Kovach OBV has slumped, suggesting momentum is nil and needs to pick up in order for us to see a breakout. If we are somehow able to break out, then 4580 is the next target which must be broken before we are able to hit higher levels.
Are Bears Playing With The Bulls Balls ??Weekly Time-frame
Seems like we are respecting the Breakout Area or the demand zone we will see if we are able to hold this position we can expect more to the upside if this holds. We are currently in the High Volume Node in the VPVR which is a good Support.
1D Time-frame
We are currently in the demand zone. which most probably will hold We are creating a Bullish Harami. Expect more to the upside for the day.
4H Time-frame
Resistance is waiting at $42,911, $43,287, $43,926. We are making a double bottom and also the awesome oscillator is twin peaks bullish. RSI is also bullish, VPVR is Low Volume Node, Higher Volume Node in VPVR is waiting at $43,287.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Bears Controlling Dumping To 40K!!Weekly Time-frame
We are currently sitting in the breakout area of the double bottom. If we don't hold this area we can expect more to the downside. If we hold this area we can expect a massive pump again but this has little to no probability at all. Bearish has more bearing to happen than the bullish scenario as we can see the SPX Russel 2000 stocks are dropping. Bitcoin is just following the bigger market.
1D Time-frame
We have a bearish Engulfing in daily time-frame which we can expect more to the downside. To be bullish we need to go above $44,270 to $44,723 and make it as base then we can expect a rally base rally. For now where the pump started is now going back from it $40,972. Today is weekend so do not expect much volume. I suggest to trade alt coins during weekend.
4H Time-frame
We are having a drop base drop at the moment. Expect a retest to $43,118 before it drops again but if the trend is strong We might bounce only up to $42,769. AO is bearish still. RSI is also bearish.
1H Time-frame
How to trade
Entry $42,769, $43,249, $43,746
SL 1-5% from whole portfolio $47,186
Leverage 10x-11x
Use 1% from whole portfolio.
TP 1 $42,527
TP 2 $42,089
TP 3 $41,106
TP 4 $40,881
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Can Stocks Recover??Stocks have retraced exactly to our level at 4462. Recall that this was the exact level we predicted yesterday. Stocks edged lower as they digested hawkish Fed minutes , and an increasingly Orwellian Covid lockdown situation in China . It does appear that we may be in the final stages of a corrective impulse and might be gearing up for another breakout. Stock futures should price in this news and break out at some point. The Kovach OBV has dropped but may appear to be bottoming out. Anticipate support from 4462 and 4440. The latter is a significant level, and if broken, we will likely test lower levels in the 4400's. If we are able to break out, then 4580 and 4632 are the next targets.
Bears Are Not Yet Done !!Weekly Time-frame
Still in a bearish picture. stock market are dropping so we can expect a bearish month if this continues.
1D Time-frame
It seems like in 1D TF we have a doji candle which is neutral candle close to bullish harami. Rejection area still waiting at the supply zone $43,800.
Demand zone waiting at $42,600
4H Time-frame
Double bottom forming and that would be a bullish sign until we hold the area of EMA 233. Once SXP drop then this too will break to the downside.
We have a drop base drop.
1H Time-frame
how to trade
BTC SHORT
entry $43856-$43747
SL 1-5% whole portfolio $48326
leverage 8x - 35x
2% portfolio only
TP 1 $43140
TP 2 $42692
TP 3 $42240
TP 4 $40400
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Stocks Slammed!!Stocks got slammed yesterday, as we anticipated, retracing from relative highs at 4632, back to 4462. This is a relative low, which has provided good support at the end of March. The Kovach OBV has dipped notably. We should have strong support at 4440, if 4462 breaks, but after that 4327 is the next major level of support. If we are able to pivot off current levels, we must first break 4580, then 4632 again before considering higher levels.
SXP500 Index: The day when hope die!Today we are here to talk about the SXP500 index.
Today: The SPX500 index is trading at 45 70. In the current trading session, we have seen a slight increase in price towards our target zone, which was discussed yesterday, the link to the idea is below.
What's on the market now:
Now the market is moving into a profit-taking phase, and you should also think about it. But in the last trading session, the market opened new horizons for us at 4750.
However, globally, the market also has a correction trend at 3750. Let's deal with this.
What are we waiting for today:
Looking forward to a further move to 4600 and then a pull back to 4450 and if that happens it would be a great place to go long.
What I recommend:
If you want to open short:
You can open short positions from 4585, limiting the risks.
If you want to buy:
Longs are possible from the level 4450, limiting the risks.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post reviews about SPX500 every day, so check back tomorrow!
See you next time!
Bye!
Stocks Take a DiveStocks took a dive breaking past relative lows at 4521. We are currently testing support at 4487, but this appears to be hanging by a thread. If support does not hold, expect the S&P to test 4462 or 4440. The Kovach OBV has turned over with the selloff, so unless momentum can pick up, we should be able to hit those levels. If we see a run of bull momentum instead, then our target above is 4580.
BTCvsS&P500! Is volatility the key to SUCCESS?Bitcoin versus the S&P500! Why is volatility so important?
Volatility is always an opportunity for the trader and investor. But what is it?
Volatility is the ability of price to change in % over a period of time. Buying Bitcoin and the S&P500 at the same time close to the lows you would earn +$400 and the S&P500 +$130. The same with short positions. Volatility helps a trader to earn more!
The price of Bitcoin has been very dependent on the S&P500 lately. Bitcoin is down by 52% from its ATH and up by 47%. The S&P500 is down by 14.6% and up by 13%.
Why such different changes in price and how to make money on it? It's all very simple! The total value (capitalization) of the S&P500 is about $40 trillion. The value of all Bitcoins is about $0.9 trillion. Let's imagine that the S&P500 and Bitcoin gained +1 trillion dollars to their value. The S&P500 price would rise by +2.4% ($41 billion) and Bitcoin by more than 100% ($1.9 billion).
I have been in trading for a very long time and I can tell you that your INCOME depend on your skills. If you have a trading strategy, use trading tools, money management and risk management, you can earn more.
Friends, if you still have questions, leave a comment or write to DM!
Friends, press the "like" button and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
The S&P 500 is Ranging, Can it Break Out??After topping out at 4632 as we anticipated, stocks have tested 4521, but appear to be equilibrating. We have mentioned that it is likely that the S&P 500 would either retrace or form a sideways corrective pattern and it appears the latter is the case. We are currently testing 4580, after which we have a vacuum zone back to 4632. It will take some volume to push us through this so watch for momentum at open. If this doesn't come through watch for continued support at 4521. If we break through this, watch 4462 and 4440 for further support.
Breakout Near for Stocks??Stocks have retraced from highs at 4632 as we anticipated, seeking support at lower levels, namely 4521. We have equilibrated a bit after testing this low, and appear to be gearing up for another bull run. We appear to be seeing the beginnings of a pivot, but if we can't muster the strength to continue it, we may test lower levels. In particular, 4440 stands out as a strong support level. we must break 4632 before attempting higher levels.
SXP500 index: And Biden with oil barrel under arm.Today we are here to talk about the SXP500 index.
Today: The index is trading at 45 45. And in the last trading session, we saw the price stabilize. The reason for this was the decision of the US to "open" oil reserves, which of course should help the US economy.
What is important: this decision was made at a critical moment for the market. I see it on the charts and of course the purpose of this decision is to ensure the economic growth of the indices and also to prevent a recession into which all countries of the world will plunge.
Well, it's clear from the graphs.
What's on the market now:
They are trying to hold the market and prevent it from collapsing. For this involved strategic resources in the US. In the near future, we will see the price move towards the level of 4600. As planned earlier. Here you can open short positions, at the same time. Converting risks to 0.
And what is important: we have the opportunity to move to a new level at 4750. Of course, the market movement to 4750 is an unlikely event, however, measures to support the US have been taken and they will have a positive recent and this cannot be ruled out.
What are we waiting for today:
We are waiting for further movement to 46 00.
What I recommend:
If you want to open short:
It is better to open short positions from the level of 45 90 short positions, while limiting risks to 0. You will have a chance to limit losses.
If you want to buy:
A good place to buy would be around 44-50 but you can try buy at 4522, while limiting risks to 0. You will have a chance to limit losses.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post selected reviews every day, so check back tomorrow!
See you next time!
Bye!
ES1! SPX500USD 2022 APR 04 Week
ES1! SPX500USD 2022 APR 04 Week
Last week SNP offer trade opportunities based on
scenarios 1 and 3.
Play scenario:
1) Support on test of 4525 long
2) Rotational play 4463 - 4525
3) 4525 breached and resisted for short
Weekly: Ave volume upthrust bar closing off low = some
demand present. next bar will confirm if market is weak.
some demand
Daily: Average volume up bar closing of high = supply present
H4: Vey high vol up bar = strength (caution of supply
present)
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4874 4800 4740
4631 4584 4525
4433 4368 4213
4135 4037
Remember to like and follow if you find this useful.
Have a profitable trading week.
Is It Time For Bulls To Take Rest? Weekly Time-frame
We are currently in the Retracement. 23 hours left before the new candle. A strong rejection from $48,000. Support is waiting at $42,000.
1D Time-frame
We have printed a red candle which is a Bearish Harami. We can expect more to the downside. $44,195 is our previous low which is possible to be touched again.
4H Time-frame
We have been rejected in 0.618. now we push through 0.5 and now breaking the 0.382 in FIB Retracement. next target would be 0 in FIB lines with price target of $44,195.AO is bearish as well. And we are in Low volume node in VPVR.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
9 Millionth Bitcoin Has Been Mined, Could We See a Pump?Monthly Time-frame
We have closed a green candle on March. Rejection area or the supply zone is at $47,100. Good to open short position at the moment. a test to the demand zone is also possible for stronger pump to the upside. Demand zone is waiting at $37,700. This is possible if the stock market starts crashing.
Weekly Time-frame
We still have 1D and 21 hours left for the next weekly candle. $42,486 is a test of the demand zone. We are currently in the low volume node in VPVR which is easy to break to the downside.
1D Time-frame
We are about to form double top as Bitcoin and Stocks usually does it to get more retailers to be greedy and fearful. then gets dump again. Awesome Oscillator is still bearish with red volume ripe for correction.
4H Time-frame
Our Long signal in the afternoon made us good profit. our signal in the evening is too early to short most have hit their stop loss already. The market usually makes double top to liquidate the short and long first before continuing the downtrend. We can expect more to the downside in the following days. Supply zone is being respected we can start opening short position at $46,517, $47,440 and keep stop loss above the previous high. SL at $48,548 to make sure not to hit the sl.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Will Stocks Resume their Rally?? 📈🚀Stocks have fallen further after their slight pullback from our target of 4632. We met steep resistance at this level, then drifted downwards a bit, finally taking a dive yesterday. We fell to 4545, one level above where we anticipated support at 4521. The price action does seem to be rounding off, suggesting 4632 might be a top for now. If so, then stocks should find further support at 4521, then 4462. The Kovach OBV seems oddly unaffected by the selloff. We will need to see more momentum come through in either direction before stocks make a definitive move. There is a chance that we see another wave of momentum come through. If that is the case, then 4632 is our barrier to higher levels. We will see if stocks are willing to resume the rally, or if they will correct further, either retracing to lower levels as discussed above, or form a sideways corrective pattern.
Should We continue Holding The Bull Horn?Weekly Time-frame
The dump started as what we have predicted yesterday. The bears won the supply greater than the demand. We still have support in EMA Ribbon and bouncing from there. AO is still bullish. We might test the major demand zone and push the price higher or break the demand and drop base drop will be possible.
1D Time-frame
We are finding support in the demand zone $44,487. We are now seeing a red volume for correction. Look how delayed the indicators are if we base our TA from them we cannot make money at all. It's good we are using supply and demand and we made profit from last night's trade. EMA ribbon waiting at $43,609.
4H Time-frame
We are inside the cloud and it is the thinnest part of the cloud where most probably we can pass through it to the downside. AO is now printing negative volume. RSI is also oversold currently. We are currently finding support in the high volume node in the VPVR. If we hold this line we can bounce from here meaning we just test the demand area to fly and get a new all time high.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
S&P500 index: Are you ready to sell it?Today we are here to talk about the SPX500 index.
Today: The index is trading at 4595. And in the last trading session, we saw a price correction. Which reminds us of the beginning of a reversal.
What's on the market now:
Now we see that the market has worked out almost all the targets and is ready to start a correction, and the current levels are good for opening short positions. But the market still has the strength for the last weak upward spurt, the chances for this are great.
As I said earlier, any short positions above 4620 are good market entries. But short positions above 4653 would be ideal.
What are we waiting for today:
I am waiting for the market to move to 4653 today where my sell stops are. And there I see my entry and the top of the market. When entering the market, I will limit my risks.
What I recommend:
If you want short:
I continue to recommend that you open shorts around 46 20 and above 4653. But you should limit your risks wisely.
If you are now out of the market, then I also recommend opening short positions. Or, like me, wait for the market to peak above 4653. While it's risky and may not happen, I still love tops, but what about you?
If you want to buy:
Long positions are prohibited.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Goodbye!
Stocks Break 4 Day Winning StreakStocks are ranging just above 4580, the exact level we anticipated support, after breaking a four day winning streak. This comes after hitting our profit target at 4632. We have two red triangles on the KRI to confirm resistance here, but many green triangles from below to confirm support at 4580. We do not anticipate a further retracement, but if so, then 4521 is a likely floor for now. Our ultimate target before a significant retracement would be in the 4600's with 4649, 4668, and 4693 all likely candidates. The Kovach OBV has slumped over for now, reflecting a lack of momentum as stocks pause, so watch for momentum at open to confirm whether the rally will continue. If we see lackluster momentum, we could maintain the range between 4580 and 4632.