Hi, today we are going to talk about the S&P 500 and its current landscape.
At the index, we observe a strong confluence of Gann. Such accumulation follows the narrowing of the supports and resistances of Gann. As possible trade targets, we have the Fibonacci retracement.
Thank you for reading and leave your comments if you like.
Head & Shoulder pattern observed in S&P 500 Index. Should the pattern confirm by breaching 2800 on closing basis, one can expect the index to fall towards 2645.
En route 2720 area is a visible support for shorts to be wary of.
S&P 500 index is at the verge of a flag breakout on the 15 minutes TF.
Targets are near 2570.
Wait for confirmation by the next candle, and a mostly probable retest of the resistance turned support before entering.
CAPTURE BIG MOVES OF SPX :ENJOY 140 POINTS PROFIT YESTERDAY&TODAY
YESTERDAY CONTINUOUS BUY SIGNALS : TOTAL 11 BUY SIGNALS
FIRST BUY SIGNAL AT 2360
HIGH : 2467 MORE THAN 100 POINTS PROFIT YESTERDAY
TODAY 4 SELL SIGNALS
FIRST SELL SIGNAL AT 2445
LOW : 2413 MORE THAN 30 POINTS PROFIT TODAY
Understanding Money Flow Analytics is the key to successful Index...
we will see a tremendous increase to 3,000 points after the correction that has just begun ends in the green tradingbox you can see in the chart above. I think that the big correction since all-time-high is done as a triangle. Since then the bulls are laying the basis for new highs: 1-2 Elliott-wave impulsive setup (these setups are the basic pattern of...
Because my trading can not catch up, please allow me to write it briefly.
<< tactics >>
When judging that 2800.0 functioned as a resistance line, I will short.
The first limit is on MPP (R1)
The second limit is on WePP (S2)
I would be grateful if you like it idea,give me follow or agrees!
Brown thick line:...
After the fox paus of North Korea, and despite the best efforts of US admin to fuck things up, normalcy is restored.
Normalcy by definition is abnormal though these days. So be on your tows.
Over next few days, week or two, it's the most bullish of bull market all around!
Medium to long term is unknown.
But it's great time to make some money in short term.
Time cycle can be applied on any chart, it gives you approx zones on time axis where you can expect low or high...
This is not for trade decisions, just shown Time cycles can be used if you are interested...
Happy Weekend,Enjoy... :)
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