Hellena | SPX500 (4H): Long to resistance area 5566.Dear Colleagues, because the big wave “4” (5095) has completed, now I believe that the price is in wave “5”. This means that the price probably has not yet completed the upward movement. I expect a small correction, then a continuation of the upward movement at least to the 5566 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Snp500
SNP500 / SPX 🔍 SPX Analysis: Navigating the Upcoming Market Movements 📉
The SPX chart presents key dates that traders should focus on:
September 18, 2024 & December 3, 2024 & February 3, 2025 - Green Lines: These dates indicate potential local lows. These could offer strategic opportunities for accumulating positions as the market is likely to bounce back from these points.
November 11, 2024 & March 10, 2025 - Red Lines: These dates are projected to be local peaks. Traders should consider taking profits around these times, as the market could face resistance or start to decline.
Currently, the SPX is in a downtrend, with a potential reversal expected around September 18, 2024. This could be an optimal point for re-entering the market or adding to existing positions.
#SPX #StockMarket #MarketAnalysis #Trading #Investing #S&P500
Hellena | SPX500 (4H): Long to resistance area 5407.Colleagues, the price has moved down a lot, but that means we have an opportunity to enter a long position more favorably. I still believe that price is still in an upward move of great impulse, and now there is a complex correction taking place.
I expect an uptrend to begin around the 5172 area.
The first expected target is in the 5407 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
AAPL / APPLE🔍 AAPL Analysis: Key Dates for Market Movements 📈
The AAPL chart highlights two critical dates that could shape your trading strategy:
October 7, 2024 - Red Line: This date marks a potential local peak. It might be an opportune moment to take profits as the stock could face resistance or enter a short-term correction.
August 25, 2025 - Green Line: A significant local low is expected around this time. This could present an ideal opportunity to accumulate AAPL shares, positioning yourself for the next major upward move.
By strategically planning around these dates, you can optimize your trading decisions and maximize returns.
#AAPL #StockMarket #MarketTiming #InvestmentStrategy #AppleStock
Hellena | SPX500 (4H): Long to resistance area 5407.Colleagues, the price has moved down a lot, but that means we have an opportunity to enter a long position more favorably. I still believe that price is still in an upward move of great impulse, and now there is a complex correction taking place.
I expect an uptrend to begin around the 5172 area.
The first expected target is in the 5407 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Short idea on $SNP500This bullish trend has been going on for more than 80 years, during wars the economy grows against the background of money printing and aggressive infusions. I do not believe that the economy can grow honestly against the background of the global crisis. Only linden growth, which will end very, very not fun. Of course, these are just my thoughts and I could be wrong, but this situation requires hedging (shorts)
Combined US Equities - D-Day +1on 31 July, heads up given about D-day. That was based simply of a few compelling technical factors observed.
Outcome was that there was a blow out rally, followed by an awesome Dark Cloud Cover and then a confirmation bearish candle that gapped down and tanked the week to a low. The spike in volatility was just so awesome and it caught many off guard, unfortunately.
Technical indicators were previously mentioned to be bearish already and now it is very evidently so.
Projecting further using supports and TD Sequential, it is also evident that by breaking below the support that closes the gap too was so critical... it broke the TDST support as well. This means that the TD Sequential trend is now bearish, with an expected one bearish week to go.
So all together... a significant technical breakdown.
Some bounce expected, but week ahead looks bearish.
Projected target marked (red ellipse).
Take care!
Full Send Incoming - Through The Van Allen Radiation Belt We Go!Put on your oxygen masks ladies and gentlemen. The U.S. stock market is about to go ballistic.
You all know from my daily chart, we nearly hit the target of my inverse head and shoulders pattern to the dollar. Target was 570. One of my recent posts indicated that I was selling half at 560, taking my profit, and parking it in cash. But now, I will take that cash and pack my bags again as the market is getting ready to blow minds.
Literally, everyone is predicting a market crash soon. And that may happen. But not before a rocket launch to the moon that will rip faces off.
Pack your bags and BTFD folks. Ticket sales will be on fire for this rocket ride.
Combined US equities - D-DayYesterday, the Gap reopened, after an early week stall on Monday. These last two candles have top wicks suggesting selling pressure to keep the gap open. Thing is, I would have preferred to see a more solid down candle.
Meanwhile, this indecision is biased to the downside from indicators and longer term chart (week) point of view. The MACD is in bearish territory and the VolDiv is bearish too. Price has been supported and one of two things will happen:
1. More probable is the volatility spike and markets breakdown fast as they are overdue; or
2. the less likely sudden extreme bullish rally, at the risk of being a blow out top or near term double top for a bigger bolder downside drop in a few months.
Given these, and other supporting charts for a probable downside, I would watch the support breaks very closely.
Hellena | SPX500 (4H): Long to 161.8% Fibo lvl 5684.2.Dear colleagues, I assume that the price will continue the upward movement. A small correction is possible, but the wave "1" of medium order should be completed.
I assume that it will end at 161.8% extension of Fibonacci level 5684.2.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
SPY Has Finally Now Neared Its Final Target Of 570!Traders,
It feels as though I have been discussing a SPY top at around 570 for years now and I can see from the history of my posts that this is actually true.
I first started with the premise that the U.S. stock market would experience a blow-off top of sorts. Elliot-Wave theory and technicals seemed to support this idea. Though admittedly, I am nowhere near an expert in this area, I went with it, following the technical guidance of those who were.
It was not too long thereafter I spotted something on the charts that I was very familiar with. This pattern supported and confirmed the idea that stocks would blow-off. What I spotted was a longer-term (2 year) inverse head and shoulders pattern. This inverse h&s played out and gave me my target of 570.
2 years later, we are finally almost there.
Targets are not meant to be absolutely precise. Close enough is both good enough in hand grenades, horseshoes, and in calling market tops/bottoms. Therefore, not wanting to press my luck, I have decided to finally start taking some profit and moving to cash. Though, my target definitely could be exceeded, it is also possible that it may not be reached. I don't think the latter will be the case but I have been wrong before and could be wrong again. If I had to guess rn, I'd say this blow-off top could extend to a time frame just before election shenanigans begin. We are already seeing some of the nonsense here in the U.S. and thus, I know time is running thin. Before all hell breaks loose, SPY could touch 650.
And then? Anyone's guess.
Best,
Stew
Simple multitimeframe for US500, S&P 500 Index☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Hellena | SPX500 (4H): Long to the area of 5443 level.Dear colleagues, since the 5351 level has been broken, I believe that wave “2” has been completed, which means that wave “3”, which consists of five small waves, is currently developing.
Now I assume that either the price will continue the small wave “1”, or will form a small wave “2” in the area of 61.8% Fibonacci level, then continue the upward movement to the area of 5443 level.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
#ES_F Day Trading Prep for Week 6.09 - 6.14Last Week :
Last week it looked like we found balance inside the Value of 5368 - 5207 Range and I was early trying to call a potential Intraday balance range to be spending time around, instead market pushed back into VAH which was the spot where many were shorting the first time around and most likely the spot where a lot were shorting on that move inside Tuesday Globex/Wednesday RTH expecting a bigger move down but instead market failed to get back under VAH and pushed out trapping and squeezing shorts into the upper Edge again. We spent Thursday and Friday Globex building Supply inside it which got flushed back down under the Edge and Key area of 5341 - 36 but that was all the supply we had for now and we were able to get back inside 5386.50 - 36 Intraday Range and find balance inside it as we pushed above the Edge hit Key area and came back inside the Means of the range to close inside the Edge.
This Week :
Maybe this will finally become our range to find longer term balance in ? Market has been ripping up and down through intraday ranges back and forth without spending too much time in each, it has been a while since we had longer term balancing action and after big moves and everyone getting used to expansions to the upside and downside I think Market needs that and has been looking for a place to do that.
Of course we have to be careful and adapt if things change but so far what the structure is showing us is that we are at ATH and at Key HTF Area, we don't have strong size buyers up here who want to keep pushing us higher as we saw from fails at and over this 5368 area, we can see that buyers most likely put together their cost inside lower Value above VAL after we flushed it and came back in, meaning here smart long will be sellers but for now this is the only supply that we have since are at ATH which means for any bigger back fills or moves lower we either need SIZE sellers which we might not get up here since its Summer time and they don't see any structure or build up of enough supply which they could later use to cover lower with if they would sell up here since market ran out of Supply lower.
IF this is the case then this will potentially be our Balance area here between above VAL and VAH of lower HTF Range, this tells us that any moves to or under Key Supports could find their way back inside the Edge and moves above the Edge top and above 5386 - 81 Key Resistance that don't find acceptance in or above VAL would find their way back inside the Edge as well.
We are in a new month and this area could be our balance for some time, and we have to be careful with looking for too much continuation above or below these areas for time being. To see acceptance higher we would need to see market build up over Edge top and take out VAL and balance around 5397 - 5412 area without coming back in, and to find acceptance lower again we would need to be able to hold under Key Support and push back into VAL without coming back over, until then will be looking to trade 5386.50 - 36 Intraday Range.
Levels to Watch :
Current Range 5386.50 - 5336
5386.50 - 81.50 Key Resistance
5356 - 52 // 5370.50 - 66.50 Means - where price will want to keep returning towards and balance between
5341 - 36 Key Support
IF Accept over Key Resistance, range is 5432 - 81.50
5432 - 27 Key Resistance
5401.50 - 5397.50 // 5416 - 12 Means
IF Accept under Key Support, range 5341 - 5290.25
5324.75 - 20.75 // 5310.50 - 06.50 Means
5295.50 - 90.25 Key Support
Hellena | SPX500 (4H): Short to support area 5165.Dear colleagues, I am considering the possibility that wave “2” is not yet completed, because wave “a” looks more like a part of a correction than a full-fledged correction.
Therefore, I count on the update of the high of 5300, and then a downward movement to complete wave “2” to the support area of 5165.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
#ES_F Day Trading Prep Week 06.02 - 06.07Last Week :
Last week market opened up outside of Value, build some more supply then started the correction lower, we were able to move down to VAL where we found our first Support where we were able to do some covering but eventually we broke, held under and go continuation towards the Lower Edge, we were able to test its bottom where we ran out of Supply and got a sharp reversal back inside Value for a big move from VAL to VAH.
This Week :
Going into this week if we look at Structure we can see we did a look below VAL and fail which gave a return trip to VAH which we tagged, build more supply under and Failed which gave another round trip back to VAL and this time we tagged Key Support at 5249.75 - 44.75 and it acted as proper Key Support giving another big bounce all the way back towards Key Area and as we can see end of day push over 5295.50 - 90.25.
Globex consolidated over Key Area but was not able to hold and we got a flush back inside the Means of 5295.50 - 44.75 Range. This to me screams balance, and I think market will want to stay around these areas going forward until we will build up enough supply to accept under VAL or get stronger buyers to give us acceptance over VAH.
My bias is that we might not see higher prices over 5320-40s for some time but of course we never know and have to trade what market gives, for now I believe this current intraday range can finally become our balance range which we haven't gotten in some time, we have been moving ranges back and forth without spending too long in each and I think its about time we get some good balance action that can last a while.
The way I will be trading this we have our intraday range means at 5279.25 - 75.25 // 5264.75 - 60.75 this is the area where price might want to keep returning back into, pushes out of them can go towards the Key Edges of 5295.50 - 90.25 as our Resistance and 5249.75 - 44.75 but this is the time to be careful with looking perfect tags or too much continuation outside of Key Edges because if we have found balance we will look for any pushes out of the Means to return back either from failures at/above/below Key Support/Resistance or we could even see pushes out of means that will consolidate above/below without tagging Key Edges and then return back in, and when price is between this will be our balance/build up area.
Will continue trading this range until we can see clear acceptance Over or Under Key Support/Resistance and holds over/under VAH/VAL.
Levels to Watch :
Current Range 5295.50 - 5244.75
Means 5279.25 - 75.25 // 5264.75- 60.75
Key Resistance 5295.50 - 90.25
Key Support 5249.75 - 44.75
IF we do happen to leave balance and accept under/over the ranges would be
Above :
5341 - 36 Key Resistance
5324.75 - 20.75 // 5310.50 - 06.50 Means
5295.50 - 90.25
Below :
5234.25 - 30.25 // 5219.75 - 15.75 Means
5204.25 - 5199.75 Key Support
Spy continues to near its target of 570 before U.S. electionsWith the dollar trending down and the VIX at low levels, we can then continue to expect the U.S. stock market to continue to rise. And, in fact, that is what we are witnessing as we close in on the blow-off top target of the Elliot Wave theory that has resonated with my instincts for these last 2 and a half years. We are currently in wave 5 and on our way to the target I have set of SPY 570-600. There is still time and I believe we will easily get there before U.S. election shenanigans begin to unfold (see my post on the VIX). Once you start to catch wind of anomalous election news events here in the U.S., know that we are near our top. For me, it will be time to pull out.
Hellena | SPX500 (4H): Short to 38.2% Fibo lvl 5205.Dear colleagues, I think that the price has either already completed or is about to complete the impulsive movement in wave “1”, so I expect the beginning of correction at least to the area of 38.2% Fibonacci level 5205. It is quite possible that the price will update the high and reach the area of 5375 before starting the correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
#ES_F Day Trading Prep Week 5.28 - 5.31Last Week :
Last week Market opened over VAH and spent all week building Supply over it, as discussed in Sunday Prep since we were at ATH with no over hang we needed to wait for Supply to build up for any meaningful back fill of previous areas and that 5341 - 5290 might be our Range where price will want to stay around and keep returning into for some time while it builds that Supply.
On Thursday we ended up pushing inside the Edge but failed to find acceptance in it and the push back out gave us the flush of the inventory filling the buyers into the Value, even with how strong the move looked with break/hold under Key Support on Friday Globex failed to hold under it and we found our way back inside 5341 - 5290 Range where we were able to push back into the Means for the Range where we closed the week in VAH.
This Week :
Few things this week, we have Month End, Settlement changes from T2 to T1 which we don't know just yet how that will impact the trading and we had Holiday yesterday which pushed us over VAH and we are again building up Supply over it. For now we are inside T2 Range which was Thursday I believe the change goes in effect Today or this week, we are right around Previous Days Range and 5341 - 36 already showed us this morning that it's acting properly as good Resistance.
So far going into this week Thursdays flush showed us that don't have stronger buyers up here just yet who want to keep paying over Value and keep pushing us into new range above and that even with strong flush we didn't have enough Supply to accept under 5295 - 90 to continue filling more buyers into VAL.
This tells me again that market may want to stay in this 5341 - 5290 Intraday Range and balance around it, we have to be ready to spend quite a bit of time in these areas and trade around them until market will show us clear acceptance and intensions of moving Ranges and that can take some time because we are in a Key Spot on higher time frames we are at tops of Daily/Weekly Balances without finding acceptance above and without having the Supply just yet to move under the Middle of those balances which is around the 5290-80s area.
Plan is to continue trading 5341 - 5290 Range level to level just like last week with moves out of its 5324.75 - 20.75 // 5310.50 - 06.50 Means and then returns back towards/inside them. Failures to accept over 5341 - 36 will likely find their way back to/under 24.75 - 20.75, pushes under 5310.50 - 06.50 could also be absorbed under and find their way back to/over 10.50 - 06.50 and inside the Means we could balance. We are in lower volume times so also have to give time for the moves to properly set up and be ready to correct back.
Levels to watch :
Current Range 5341 - 5290.25
5341 - 36 Key Resistance
5324.75 - 20.75 // 5310.50 - 06.50 Means for the Range
5295.50 - 90.25 Key Support
If Accept over 5341 - 36 next Range 5386.50 - 5336
5356 - 52 // 5370.50 - 66.50 Means and Edge Top
5386.50 - 81.50 Key Resistance
If Accept under 5295.50 - 90.25 lower Range 5295.50 - 5244.75
5279.25 - 75.25 // 5264.75 - 60.75 Means and VAL
5249.75 - 44.75 Key Support
SPY Will Go UP! Buy!
Hello,Traders!
SPY is trading in an
Uptrend and the ETF
Is now making a bullish
Rebound from the
Horizontal support level
Of 524$ so we are
Bullish biased and we
Will be expecting
A further bullish continuation
Buy!
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