SPX crucial support 3636Weekly closing price is the price available for the world for two days.
It is the maximum resting time of a stock or index price, than daily or even monthly.
All investors ,traders, institutions, owners are scratching their heads for next action
So we have some logics;
Every thing is out, inflation, rate Hike, corona lock down, supply chain lock , BUT remember market is already factored in.
public is under fear of recession, market collapse ,thanks to Media for over shouting .
what they will do? they wait for Monday to sell their stocks
what smart BULLS do? they will always act fast before the public realizes
they BUY at low level (market oversold to the level of 2015 )
As per EW counts, 'Y' wave will end at 3636 (X*1.618)
as long as this level is supported by smart BULLS, we have another new Rally
Us500long
Jamie Gun2Head Idea - Selling SP500Trade Idea: Selling SP500
Reasoning: Running into resistance level, time for the sellers to step in
Entry Level: 3821
Take Profit Level: 3643
Stop Loss: 3858
Risk/Reward: 4.81:1
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US stocks to rebound? US500
Intraday
We look to Buy at 3940 (stop at 3885)
We are trading at oversold extremes. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. We look to buy dips.
Our profit targets will be 4100 and 4230
Resistance: 4105 / 4230 / 4370
Support: 3960 / 3780 / 3500
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Stocks to bounce today?US500
Intraday
We look to Buy at 4050 (stop at 4004)
We are trading at oversold extremes. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. We look to buy dips.
Our profit targets will be 4180 and 4230
Resistance: 4105 / 4230 / 4370
Support: 3960 / 3780 / 3500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LONG US500 ✅✅✅Here I expect bullish price action as the price took out previous daily low liquidity and rejected from bullish orderblock. The price left behind a lot of imbalances that have to be filled.
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on SP500 as price makes the draw on liquidity. Higher price action to be seen over there
What do you think ? Comment below..
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on SP500 as price makes the draw on liquidity on the weekly lows and should make a reversal move from there + h4/d1 imbalances bearish that should be filled asap.
What do you think ? Comment below..
LONG US500 ✅✅✅Here I expect bullish price action as the price took out the liquidity below previous weekly low and rejected from bullish orderblock H4, also the price has to fill the imbalances left.
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on US500 as price makes the draw on the weekly stops meaning we will see a bullish reversal week. SP also has a lot of bearish imbalances that are opened + the VIX is very high and it's due for a correction all of the arguments are alligning on a mid-term bullishness in the stock market.
What do you think ? Comment below..
S&P500 turned bullish A good trader has to adopt for the change in trading environment.
the so long correction in s&p500 index is in a wedge shaped and now broke-out with 5 waves.
the 1st confirmation for bullishness (formation of wave''E'') is set as this BO (5waves)exceeded 62% of wave 'D'.
wait for 2nd confirmation ,a pullback up to 38% of new wave 'A '(4455)this week (FED int rate will be a surprise),buy above 4640 (3rd confirmation)
IF all set, the S&P500 rocket will climb to reach its targets (4930,5400)during this earning season
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on SP500 as price takes out weekly lows liquidity and rejects a h4 bullish imbalance area. We have a lot of bearish liquidity that should be filled asap + vix bullish gap meaning price should fill it that makes the indexes go BULLISH.
What do you think ? Comment below..
SP500 LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on SP500 as price rejected an important are of ,, support,, bullish orderblock area on H4 + imbalance fill. Price made the expansion move and right now should go for a correction to fill the price inefficiences, another confluence that i see there is that VIX made a double bullish GAP that wasn't filled and price should go for it for today. VIX DOWN means STOCKS UP market correlation
What do you think ? Comment below..
S&P500 Might hit 4600Hey traders, in today's trading session we are monitoring US500 for a buying opportunity around 4460 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
US 500 Inverse Head And Shoulders - 547 POint rally457 POINT RALLY TRADE ALERT
TRADE ALERT: SP500
IDEA: BUY (GO LONG) -
Would you BUY or SELL and WHY?
PRICE ACTION: (BREAKOUT of a Inverse Head And shoulders)
TIME FRAME: DAILY
FUNDAMENTALS:
Jobless claims are at the lowest since 1969.
I was so thrilled to read this statement from the Labour Department on Thursday.
They claimed it’s the first time the jobless claims in America reached the lowest tally since 1969.
The weekly jobless claims in the U.S came in at 214,000, which was hovering around historical low levels despite the Covid crisis and the tight labour market.
You see in February the unemployment level was 3.8% with 678,000 non-farm payrolls added
And this was just the start.
Economists now expect the March jobs report to show even better results.
They expect 460,000 jobs to be added in March and for the unemployment rate to fall to 3.7%.
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US500 4583.4 LONG IDEA + 0.58 % * PRICE ACTION & REVERSAL 📈📉💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS NEXT WEEK ON US 500.
The index opened the week with a bullish rally since it broke out of that descending channel .
* The index is still strongly bullish looking at momentum to the up side, but what goes up must come down as we definitely seeing a slowing down in momentum currently.
* Now since we where in a bullish rally we are currently in the formation of a bullish flag that could possibly see the formation of a double top before reversal other wise break below triggers.
* Break above of structure cancels the whole set-up.
- looking for reversals with the bears see below.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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VIX LONGS - RISK OFF ✅✅✅✅ Expecting bullish price action on VIX from a technical perspective as price made a huge move to the downside and rejected the 20$ price area with a bullish GAP this could potentially sign a market reversal or the start of the retracement move within the bearish structure.
I think in the upcoming days we will see the volatility going to the ,,moon,, during un-succesfull talks between Rusia-Ukraine. RISK OFF in the markets
What do you think ? Where we go next from there?