In today's article, we will look at the *S&P500* and its relevant markers
for the coming week.
> KW 03 = 16.01. - 20.01.
> The marks should serve you as orientation for your own analysis.
> The "VIOLET" marked ZONES are TARGET RANGES - for possible trades.
! NOTE !
If financial events take place, there is a high probability that through market maker manipulation, the given marks are not respected.
> Every Monday, I therefore upload a FX event overview, the respective week, which gives you an insight of the "turbulent" days and times.
The cover picture shows an example of a possible trade.
> This is one of many possible setups and is not alone in the room.
ASSESSMENT
This week, the S&P500 will, with great probability, come up against a strong resistance.
As can be seen quite nicely from the daily perspective, a downtrend line resistance area is coming towards it. (Red lines + Red colored area).
> In addition, important Fibonacci levels and a 4-hour SUPPLY zone are untouched, which for a further upswing, must first be overcome.
> My target range for the upward movement is - 4,040 - 4,060 points - in this zone, strong resistance should be expected at the latest.
> Of course, this forecast must be supported by the USD (DXY), which would be the driver for a possible sell-off in the S&P500.
POSSIBLE MARKET SCENARIOS
> THESIS 1:
On Monday, we directly see a strong USD = S&P500 immediately sells off.
> THESIS 2:
On Monday, we continue to see a weakening USD = S&P500 will run into my "target range" and then bounce back.
> THESIS 3:
On Monday, we see by the new data of W2, another down sell in USD = S&P500 will run into my "target area", conquer it and run up to further spheres.
OUTZOOMED
"4 HOURS + DAY - INTERVAL"
"1 HOUR + 4 HOUR - INTERVAL"
ZOOMED IN
"4 HOURS + DAY - INTERVAL"
"1 HOUR + 4 HOUR - INTERVAL"
POSSIBLE SCENARIES
„4 HOUR – INTERVAL“
> Let's share our perspectives and views in the comments.
> Sharing your point of view allows each of us to improve.
If this idea and explanation has added value to you, I would be very happy to receive a review.
Thank you and happy trading!
ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
for the coming week.
> KW 03 = 16.01. - 20.01.
> The marks should serve you as orientation for your own analysis.
> The "VIOLET" marked ZONES are TARGET RANGES - for possible trades.
! NOTE !
If financial events take place, there is a high probability that through market maker manipulation, the given marks are not respected.
> Every Monday, I therefore upload a FX event overview, the respective week, which gives you an insight of the "turbulent" days and times.
The cover picture shows an example of a possible trade.
> This is one of many possible setups and is not alone in the room.
ASSESSMENT
This week, the S&P500 will, with great probability, come up against a strong resistance.
As can be seen quite nicely from the daily perspective, a downtrend line resistance area is coming towards it. (Red lines + Red colored area).
> In addition, important Fibonacci levels and a 4-hour SUPPLY zone are untouched, which for a further upswing, must first be overcome.
> My target range for the upward movement is - 4,040 - 4,060 points - in this zone, strong resistance should be expected at the latest.
> Of course, this forecast must be supported by the USD (DXY), which would be the driver for a possible sell-off in the S&P500.
POSSIBLE MARKET SCENARIOS
> THESIS 1:
On Monday, we directly see a strong USD = S&P500 immediately sells off.
> THESIS 2:
On Monday, we continue to see a weakening USD = S&P500 will run into my "target range" and then bounce back.
> THESIS 3:
On Monday, we see by the new data of W2, another down sell in USD = S&P500 will run into my "target area", conquer it and run up to further spheres.
OUTZOOMED
"4 HOURS + DAY - INTERVAL"
"1 HOUR + 4 HOUR - INTERVAL"
ZOOMED IN
"4 HOURS + DAY - INTERVAL"
"1 HOUR + 4 HOUR - INTERVAL"
POSSIBLE SCENARIES
„4 HOUR – INTERVAL“
> Let's share our perspectives and views in the comments.
> Sharing your point of view allows each of us to improve.
If this idea and explanation has added value to you, I would be very happy to receive a review.
Thank you and happy trading!
ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
> Nevertheless, one can see very clear weakness, which in connection with the upcoming "resistance - SUPPLY zones" does not expect any penetrating power.
Accordingly, it is necessary to wait until a clearer picture is revealed to us.
In addition, I would like to point out, to the dependence emanating from the DXY (USD).
= DXY RISES < S&P500 = falls
= DXY FALLS < S&P500 = rises
1 DAY - TF | OVERVIEW
1 DAY - TF | SCENARIOS
1 WEEK - TF | OVERVIEW