My Take: Looking at the 4-hour chart of the S&P 500 Index, it's clear that we're approaching a critical juncture. The price recently rallied up to the $5,620 - $5,630 resistance zone, which has been a significant barrier in the past. However, this level has proven to be tough for the bulls to break through, and we're now seeing signs of potential exhaustion. Key...
SP 500 Intermediate Impulse wave should have no trouble reaching 5000, as the the SP is still in Minor Wave 3.
Expecting a rally to about 4k to test the important MA's, then reversal. USOIL should be a similar move. Gold may peter soon out if the dollar is going to reverse. Bonds look good to continue to 140 area. good luck!
Hey there trading family, just wanted to drop a few transparent pieces relating to any recent posts about #DXY. As I mentioned, I am overall bullish on the #dollarindex due to numerous reasons I explained in the videos. This mark up on SPX was on of the chart ideas I had from this previous week and my long term analysis was correct! So going over this trade, I'm...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 4168.50 Pivot: 4072.75 Support: 3915.00 Preferred case: Looking at the H4 chart, my overall bias for SPXis bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Expecting price to drop towards the support at 3915.00, which...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 4168.50 Pivot: 4104.00 Support: 3915.00 Preferred case: Looking at the H4 chart, my overall bias for SPXis bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Expecting price to drop towards the support at 3915.00, which...
Looking at the H4 chart, my overall bias for SPX is bullish with the current price being above the Ichimoku cloud , Looking for a pullback buy entry at 4017.64, where the overlap support and 38.2% Fibonacci line is. Stop loss will be at the overlap support at 3955.19. Take profit will be at 4197.04, where the recent high is. Please be advised that the...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 4327.50 Pivot: 4147.75 Support: 4091.75 Preferred case: Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to continue heading towards...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy stop entry at 4195.44, where the recent high is to ride the bullish momentum Stop loss will be at 4100.51, where the overlap support and 23.6% Fibonacci line is. Take profit will be at...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 4087.14, where the 23.6% Fibonacci line is. Stop loss will be at 4015.39, where the previous overlap support is. Take profit will be at 4325.28, where the previous swing high...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 4208.50 Pivot: 4091.75 Support: 4007.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to continue heading towards...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 4087.14, where the 23.6% Fibonacci line is. Stop loss will be at 4015.39, where the previous overlap support is. Take profit will be at 4325.28, where the previous swing high...
Looking at the H4 chart, my overall bias for ES1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 4091.75, where the 50% Fibonacci line is. Stop loss will be at 4007.50, where the recent swing low is. Take profit will be at 4180.00, where the previous swing high is. Please be...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 4027.79, where the 38.2% Fibonacci line is. Stop loss will be at 3948.79, where the recent low is. Take profit will be at 4146.47, where the previous swing high is. Please be advised that...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 4180.00 Pivot: 3906.75 Support: 3788.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue heading towards...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 4002.25, where the overlap support is. Stop loss will be at 3949.06, where the 61.8% Fibonacci line is. Take profit will be at 4107.31, where the overlap resistance and 78.6% Fibonacci line...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 4037.50 Pivot: 3966.50 Support: 3788.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. To add confluence to this bias, price has also broken down...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 3888.39, where the overlap support and 50% Fibonacci line is. Take profit will be at 4107.31, where the overlap resistance and 78.6% Fibonacci line is. Stop loss will be at 3764.49,...