Hello!
Welcome on regular Daily chart update for S&P 500 and US Stocks market.
Price is above 3000 resistance zone for 4 days already, and this Monday probably will be above it too, or at least close to it.
I am still looking at 12345 Elliott Wave structure, and looking for the continuation inside sub (v).
IMHO, After reaching resistance at 3200-3100 we are going to face first correction inside 12345 cycle.
Yesterday's SpaceX's 1st astronaut launch was successful and this is one of sentiments of the market. This shows possible strength on the Stock Market.
Back to technicals, Price still above EMA 21 on daily, this is good sign.
So must say, stocks are running locally in bull trend, so i will trade them as a bull :)
Stay tuned, this is
Artem crypto
Welcome on regular Daily chart update for S&P 500 and US Stocks market.
Price is above 3000 resistance zone for 4 days already, and this Monday probably will be above it too, or at least close to it.
I am still looking at 12345 Elliott Wave structure, and looking for the continuation inside sub (v).
IMHO, After reaching resistance at 3200-3100 we are going to face first correction inside 12345 cycle.
Yesterday's SpaceX's 1st astronaut launch was successful and this is one of sentiments of the market. This shows possible strength on the Stock Market.
Back to technicals, Price still above EMA 21 on daily, this is good sign.
So must say, stocks are running locally in bull trend, so i will trade them as a bull :)
Stay tuned, this is
Artem crypto
Trade closed: target reached:
3200 ;)
Trade active:
Wave 2 started
🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk
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