S&P 500 Snaps 8-Day Win Streak Ahead of Fed Minutes and Jackson Hole Uncertainty Market Reversal: Wall Street reversed course Tuesday, breaking recent winning streaks. Fed Minutes: The Federal Reserve will release minutes from its last meeting, where rates were held but future cuts hinted Jackson Hole: This week's Jackson Hole event could further...
SPX500USD - 24h expiry Continued upward momentum from 5544 resulted in the pair posting net daily gains yesterday. 5 positive daily performances in succession. The 261.8% Fibonacci extension is located at 5728 from 5094 to 5336. The previous swing high is located at 5680. Further upside is expected although we prefer to set longs at our bespoke support...
Hello everyone & welcome to SPY weekly. I have clearly discussed the price action &trades & aggressive -conservative levels. If you have any doubts feel free to DM me or leave a comment. NOTE:DO NOT SHORT
SPX500 is going up To retest a strong horizontal Resistance level of 5401.12 And as the indces is in the Downtrend we are bearish biased So after the retest we will be Expecting a bearish continuation !
SPX500 is trading in a local Downtrend and the price Has formed aRising Wedge pattern and we are Already seeing a bearish Breakout so we are Bearish biased and we Will be expecting A further move down !
SPX500USD HELLO TRADERS Tendency, the price is under bullish pressure , until the price trading above support level (1) at 5,206 . Upward Zone : until the price trading above 5,206 , refers active upward zone , currently the price trading above turning level at 5,267 , to rising inside resistance zone between 5,344 & 5,411 , first thing for this rising...
SPX500 was trading along The rising support but now We are seeing a bearish Breakout and breakout Is confirmed so we Will be expecting a Further move down !
Stocks Rebound in a Dramatic Turnaround Global stocks rallied on Tuesday, partially reversing some of the previous day's significant declines. The market is expected to consolidate between 5,281 and 5,192. This advanced sentence retains the original meaning while using more sophisticated language. Bullish Scenario: For a shift to a bullish trend, the price...
The bottom is likely in, and we’re seeing a rebound. There might be one more test of the lows on lower volumes. Currently, put options are being closed out. As a result, market makers are covering shorts, which allows the market to rebound. There’s also a rumor about an unscheduled Fed meeting and a potential rate hike with added market liquidity. Whether this...
After re-calculations and re-assessing, I think I am ready to move forward. I have moved off my position that the 2022 correction was a Supercycle 2 correction and macro market top. I would be on the bandwagon the market is primed to move up indefinitely if not for the massive amounts of debt and cautious discretionary spending. I am still in the camp of prices...
US500 - 24H expiry Traded to the lowest level in 12 weeks. We have a 78.6% Fibonacci pullback level of 5136 from 4930 to 5680. There is no clear indication that the downward move is coming to an end. The sequence for trading is lower lows and highs. We look to set shorts at our bespoke indicator level (5273). We look to Sell at 5273 (stop at 5321) Our...
Zooming out the S&P 500, we have 2 untested support areas: - 15% pullback to ~$4,800. - 72% crash to ~$1,550.
Pair : SPX500 Index Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line. Break of Structure and Retracement. According to Elliot Waves it has completed " 12345 " Impulsive Waves. Rejecting from Strong Resistance Level
Quick idea to show that the Hash Ribbon indicator has turned green on 1D an Hourly timeframe. The MACD is about to touch bottom and reverse. These are signs that this correction is about to end. The SPX 500 just needed some cool down before continuing its uptrend, starting Monday I think.
Hello Traders ! The S&P 500 Index formed a double bottom pattern. Currently, The neckline is broken ! So, I expect a new bullish move📈 ______________ TARGET: 5563.50🎯
Hi Traders ! The S&P 500 Index Failed to create a new higher high ! The support line is broken ! So, I Expect a bearish move📉 _____________ TARGET: 5355.00🎯
The following week have major data release including, 240730 Tue CB Consumer Confidence **** 240731 Wed Fed Interest Rate Decision ***** 240801 Thu Initial Jobless Claims **** 240801 Fri Nonfarm Payrolls ***** Unemployment Rate ***** Consumer Confidence is...
The spx500 has broken the weekly bear channel, and will likely pivot retest, meanwhile bitcoin could follow. It's not financial advice