On the 4-hour chart of SPX, a flag formation has occurred, and my target is 4961. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Called for buys last week, and it paid off! This week, more of the same. Wait for the pullback, an +FVG to form, and look for valid buys. Leave me a comment, as I like to hear from my viewers! Thank you. May profits be upon you.
Whenever this occurs, it signals the bottom of the market. In this weekly chart, the blue line represents the 50 Simple Moving Average (SMA) and the black line represents the 100 SMA. As we can see the 50 has inverted the 100. Whenever the 50 crosses below the 100 on the weekly chart and then price moves above the 50, the market doesn't set a new low until a new...
The SPX is getting close to a major resistance that has rejected it several times since we got under it. Those who have seen my other ideas know that I am bullish on the market and I do expect us to break the resistance to the upside. If you want to know why I am bullish, see the ideas linked below. Obviously it would be bearish if we get rejected here...
Please Do your DD as this is not a financial advice The CPI report came in hotter than expected but still seems to be going down now at 8.2 from the June Peak of 9.1. I am reminded at the depths of covid how everyone was negative and bearish but the few who bought then made a lot of gains. I am still cautiously optimistic that this is a back test of the bullish...
S&P 500 - Bullish above 4,750, Bearish below - Range: 4,750 - 4,725.
Pair : SPX500 Index Description : Completed " 12345 " Impulsive Waves at Daily Resistance Level. Impulse Correction Completed. Breakout of the Corrective Pattern " Bullish Channel " in Short Time Frame and Strong Divergence in RSI
Uncanny resemblance here! Break the highs, run the stops (4860-4900) finish wave 1 up... Top is in place this week or next week. RSI is 82+ and we in extreme greed, time, and price at that point will match wave 1.. #witchcraftmuch Time of wave 2 and 4 also matches and they alternate between patterns/structures: i.e.: wave 2 is a flat correction and wave 4 was a...
SPX500 broke the key Horizontal level of 4588.4 And the index is trading in an Uptrend so I am bullish biased And I think we will see Some further growth !
Wave 1 = +20% Wave 3 = +20% Wave 5 = It only makes sense we do 20% to 5000 to complete wave 1! #IdoneTHEmaths #spx
I'm expecting more bullish movement into December, There is liquidity residing above the 4600 level, looking for buy stops above 4600 to be taken out. Let's see what the following month has in store. Good luck traders.
SPX flat correction and we completing the C-Wave now of B-Wave! That is all I can make of this rally for now.............................. Looks super legit for now, lets see how it plays out into 2024!!!!!!
SPx New forecast The index price rose in yesterday’s trading and took advantage of the positive pressures to hold above the stable barrier at 4460. We noticed that it recorded significant gains by rushing towards 4500, suggesting an upward trend during the coming trading. Therefore the upward scenario will be remain valid and effective supported by moving...
Possible scenario for the development of events for the S&P 500. The current decline could be in the area of 4000 or 3805. By the 2024 elections, it is desirable that the index be in the ATH area or higher. Selecting an index above 3490 will form a long-term consolidation with the first target for growth at 5480. Therefore, already in the area of 3885, for a long...
Hello everyone, Yesterday, the index price presented more sideways fluctuation by settling near 4525.00 without recording any new positive target, affected by the attempt of the Stochastic indicator to exit the overbought level. The price may be forced to form some bearish corrective waves, but repeated stability above the support levels represented by 4492 and...
SPX if break the confluence of trendline resistance and horizontal resistance at 4600. Bull market back. If breaks 4100 level bearish momentum gains priority.
Hello everyone, In yesterday's trading, the index price took advantage of repeated positive pressures to jump above the stable barrier at 4422, thus recording significant gains by rushing towards 4515 , thus achieving the previously suggested goals. The price is currently still under the positive influence of the Stochastic indicator positioning within the...
The index price failed in yesterday’s trading to resume the upward attack, affected by the exit of the Stochastic indicator from the overbought level, forcing it to form a bearish corrective bounce, We currently and continually expect the price to be exposed to negative pressures, forming an additional corrective decline to incur additional losses by being...