Spx500idea
SPX has crossed 200 DMA for the fourth timeS&P500 has crossed above the 200 DMA for the fourth time.
It is a critical rejection zone that will decide the fate of bulls vs bears.
It would be better to wait for price to move above 4 % of 200 DMA before taking a bullish view due to the past rejections at 3.35% and 2.62% approximately.
I would consider 4,132 level to be safe for long trades and would stay bearish below this level.
SPX Monthly SPX Monthly Chart with momentum RSI MONTHLY - showing double bottom:
Formed in June of '62 & Aug '66. retested twice in May '70 and Oct '74. Rebounded and never looked back.
Formed Nov '87 & Oct '90. Price did not retest low.
Current March '20 & Sept 2022. Will price comes to retest the lows or never look back again?
Is the BOTTOM IN ? Is it over for the bear? Or still in a stage of Bear market Rallies?
SP:SPX
SPX500 Entries + ExitsThe 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
SPX | Price Action & FutureCMP - 3922.23
Blue one marked is Price Action.
Black one marked is Price History.
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Anyone above can happen - but both concludes at Sideways (3600-4000 range) if the market has bottomed.
My opinion says that it has bottomed out near 3563 range.
This (sideways) might likely continue till January, 2023
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I would like to go with Price History.
SPX500 SELL IDEA - 10.12.22They took out Monday's highs from the beginning of this week already and we still have that low intact -- so I'm going along with the trend and selling and targetting those two lows we have below.. lets see what we get.
I targeted that FVG + BREAKER as the entry which is why I entered there.. We also tapped into 0.705 perfectly which was nice to see. wicked it and the bodies closed at the 0.618. My target is 3571.75.
SPX500 Entries + Exits for FREE (Best Reverse Strat)My forex course regarding my strategy in full is now AVAILABLE!
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
SPXSPX Look how interesting. After this crisis that we are experiencing with the corona virus, several opportunities have arisen to buy assets over sold and giving a great asymmetry that is ridiculous. But, everything is not flowers, the government had to print money like never before, causing the dollar to depreciate and inflaming the consumer price index. Making it so that later (nowadays) I had to raise the interest rate. And that reflects everything on the chart. On the chart, we see a bullish continuation pattern. But for the moment he is under. It will probably only break this line when the US shows interest rate easing, causing investors to start exiting their bonds that are bad at the end and going back to equities, when this happens again, the bulls will boom and will start to dominate the market again.
Relative to this pattern on the chart it is called the descending megaphone. It tends to widen a lot when the market turns pessimistic. An example of this is the Nikkei index. It started to widen in the 1991's and only came out in 2013. And if we analyze the past, we see the pattern repeating itself again today, but not in a smaller size.
S&P500-SPX500The price breaks the trend on M30 according to my idea and then the price has a correction, then by rechecking the chart you can decide to trade.
Observe the money management and the stop loss, to know about Analysis, follow me And contact me if you have any comments or questions. (I will answer whenever I have time).
Wait for the update.
SPX500 OutlookHello there all,
Here's the SPX analysis outlook potential direction.
Please do let me know if you are seeing what I'm seeing or have a different perspective on it, I would love to see your analysis.
Please do drop the chart link below in the comment section.
This is not financial a advice. 🙂
Thanks all.
SPX500 Entries + Exits for FREE (Best Reverse Strat)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
SPX500 - asteroids point to the pump marketlook at my old ideas on tv, there are many examples on space topics.
my last example is pumping 4% of the stock market on May 27, then an asteroid flew near the earth, you can see the correlation on the chart with the rest of the news about asteroids, pay attention to the cirfs, study them. More information in my old ideas
SPX500 Entries + Exits for FREE (Best Reverse Strat)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!