On Weekly Basis: S&P 500 currently at 4072 facing a resistance from downtrend line at 4080 as well as 200 DMA at 4055 (though breached upward briefly). It completed the final E of bear market wave at 3675. It again breached the low of 3675 and made a new low of 3583. It was about to qualify for new bear phase cycle of capitulation but could not sustain and moved...
Namaste! Currently, Nifty is trading near very important levels. This was the important resistance (because of lot of consolidation happening between Jun-July 2021), which became a support after the breakout. It has been tested twice since the July breakout. S&P 500 fell into bear market yesterday as far as daily close is considered. But, I am not convinced 100%...
SPX go long with SL daily RSI close below 31.45. We are seeing a running Triangle formation with Bullish Divergence in Daily and Weekly RSI. Confirmation is too far away, so need to enter here to make it a good RR trade. Low risk traders can enter here with SL, new low in daily RSI below 31.45. High Risk traders can have a bigger SL, new low in Weekly RSI below...
We are looking some good bounce at 3840-3845 range Target we are looking 4040 Sl 3815 on closing basis
Guess where the S&P 500 index did the pullback ;) and BTC continues to respect the trend line. In context, both the smart money region at the main S&P level (yellow line) as an indicator for the market as a whole and the double support in BTC (trending line + S1) are examples of entry points with excellent risk-return ratio.
We are expecting 4300 near before 22nd April This is purely based on PriceTime Square
S&P 500 i am looking long here @ 4227 As per my Dynamic Cycles looking 4450 Target As per Cycle 4227 cycle finished further down only below 4156 Buy @4227 Keep Sl 4156
Looks like a great point to buy IT Stocks. NASDAQ has almost retracted to 50% of its Fibonacci retracement If we see this could be the end of the second wave(downtrend) and there would be a more dominating third wave(uptrend)
Top Divergence in H1 chart and Broke the trend line! Drop to a Fib. Level at 4433
ULTIMATE SELL CONDITION IN SP500 , AS THE NEWS OF AMAZON SP500 IS LIKELY TO CRASH
Hello guys i had find s&p500 trade which formed double top in 1h timeframe and also breaking this channel we can get good opportunity when it break the trendline thank you if you like my analysis plzz like share and comment and do follow for more
Range is getting narrower day by day..
Bullish crab & #D base retest
After the formation of ending diagonal there is sharp & Swift reversal. But the recent recovery is more likely a corrective sequence and therefore the prices should give one more downside move upto the level of 3636 at least which is the previous fourth.
Keep the eyes open for next week. US500 Weekly chart closed with an hanging man pattern at the end of a wedge pattern indicating a strong weakness of the price. When looking at the H4 chart we see an Head and Shoulder pattern set up with the top of the right should formed with a potential double top. Next steps: - Wait for double top confirmation on...