SPX Projected Curve as per Past HistoryHere we are looking SPX will Head towards 44590 Target for this July Month as Per Past History.
S&P 500 (SPX500)
#ES 🟢 M15. Buy. (#SP500)
A false breakdown has formed at the lower boundary of the H1 range.
Accumulation-Impulse-Reverse Impulse-Accumulation. (Reversal design)
Medium term deal.
activation: 4427 (on the test of the second accumulation)
stop: 4407
tp-1: 4446
tp-2: 4485
S&P 500S&P500 index looks ready for a correction from current levels of 4100-4150 , upside rally is overheated and requires a good correction if has to rally again
SPX towards a new life high in sessions to comeCircle areas represent trendline support
strong reliable breakout in spx 500
it suggest US market to blast big from here and no surprise we can see all time high in month to come
the weekly breakout suggest continuation
S&P - 3 Targets on upside ride the trendclearly Rate pause as been received as positive and great news for equity now. with bullish RSI 3 targets on higher side could be achieved very fast. price moves very fast in short time with strong RSI and cant catch the Top now......
Buy S&P - Target 4480 In four hour chart a clear Cup and Handle pattern with price strong upside indicating a very clear upside to a level equal to that of the height of the cup, so Target seems to be higher than 4400 level .... Just be in Buy side
S&P500 indexS&P500 index is looking good for a rally in the coming days , with a downward trendline breakout showing a possible trend change in the index , and also a good inside bar breakout on monthly time frame , retest is done and if this monthly candle(MAY) manages to close above the zones of 4140 , a possible bulll momentum of 9-10% can be seen in the index in coming days , view will be invalid if monthly candle closes below 4140 levels , SL will be 4020 levels if monthly candle closes above 4140
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SPX 500 ANALYSIS trading above 20 & 50-period average
trading now well above earlier resistance areas
should approach previous hurdles at 4225, which if sustained can continue towards 4450-4480
SPX500 Target 4065 and 4000Down side is more clear in Dow and Nasdaq when compared to SPX since its in more clear formation now. Clear rejection and bearish trend in Dow and Nasdaq with clear diamond formation and the levels in SPX are very blur and diamond formation is hidden here. with bearish trend is clear now SPX is heading towards 4065 and 4000 as immediate targets.
Google Cup & Handle Pattern Google has formed Cup Handle Pattern on daily timeframe chart. This is bullish pattern, we can take swing trade here.
Entry:
We can go Long after close of bullish candle above the resistance zone as marked on chart.
Target:
Usually for Cup & Handle Pattern target is equal to the depth of cup, we are going to keep the target near the next resistance zone.
Stoploss:
We can keep the stoploss below the resistance zone.
April is going to be fun for bears.I was under a lot of pressure that my reputation which is brand new was on the line, all my channels I had posted GO SHORT GO SHORt GO SHORT and Indices moved higher so quick as never before. Incidences happen in Trading World by nano seconds and since the beginning I had confirmed absolutely in my analysis that whatever I have suspected is not for the near term but for the month of April. Charts never lie, Price Action never lies and so does not the Bear Psyche. GO SHOOOOOOOOORT.
Nasdaq 100- Bull Trap, SELL!Attached: NDQ Daily Live Market Chart as of 20th March 2023
- Price has triggered a Bearish Anti Butterfly Harmonic Pattern
- Price has also broken Previous Day Low with Previous Day being a Doji Candle
- And this Sell Off today comes after a Run up which is potentially a False Breakout from a Bull Flag
- The saying goes like, "From False Moves come Fast Moves in the Opposite Direction"
- The Divergence between S&P 500 and Nasdaq looks like Nasdaq will resolve on the Downside to align with the S&P 500
Plan of Action:
Price Holding below 12680
has a Downside📉 Target🎯 open to:
T1= 11830 to 11700
T2= 11250 to 11100
SP500 highs at 4039 and 4040. Attention for possible sellersSP500 is with buy strategies above 4000.0 Market will possibly test 4040 and 4050.
Attention to highs, I noticed sell pressure at 4039.0 and 4040.0
Sell S&P 500 - Target 1 - 3900, T2 - 3840After Fed data and importance on Inflation is understood as higher priority to be controlled with less importance on growth it clear Sell in equity and its reflecting in charts as well with wave target of 3900 and 3840 before friday EOD ?
S and P is drowningHey folks
If you have check out about my bearish wedge educational post about s and p
You have already understood the market situation
now my target region for s and p is 3575$
Follow for more updates
S&P 500 IndexS&P 500 Index analysis based on dow theory. If Dow bottom breaks on weekly closing basis means we will be back in bearish trend in one of major INDEX.
Price ActionSP500 seem to be bearish for now, once it touches this resistance zone we will place our sell positions. Wish you all the best. Lets Download Success .
is this the end of SNP?Once we loose 3949.06 level, We are distributing long term. 4049.27 might be re-tested and hold this move towards a down trend long term.
SPX ShortGap + strong weekly trend line. Looking for a rejection of the trend line. Target around 3800. Total 4.0 Risk:Reward
S&P E-MINI AnalysisInstrument coming below 200sma after making a top and smoothly sliding down in a downtrending channel taking support at fibonacci of .786 and .618 respectively in the previous lower high formation, looking to take resistance of .5, this time before getting back into the channel first to the mid of the channel AND second to the lower end of the channel, Its a positional trade always do your analysis before entering into the trade with proper risk and money management
DJIA SUPERCYCLE DEGREE WAVE 5TVC:DJI
In Supercycle Degree Wave Five.
The Bull Market has long way to go for another 21 years.
S&P 500 Completed Correction/ Readying for New WaveOn Weekly Basis:
S&P 500 (SPY) completed its correction from 4800 to 3490 in its 5 Wave Down. Fibonacci 50% retracement from bottom 2300 to top 4800 ends at 3540, a support level. It fell 27% from top which looks quite healthy from long term point of view. Tech sector has taken a deep hit and looks like it has entered a bear market. It took a support at 3492 which is a long term horizontal support 3515 on weekly charts. It breached a strong support briefly, which was a false bear move and reversed the trend immediately. It looks like a fresh new Wave has just started. One can be cautiously optimistic and it provides a good choice to buy at current level as a downward trendline is broken on the up side. There is a chance pf golden cross over at 200 DMA, may happen soon for further confirmation in change of down trend. It has come out of oversold position (June, 2022) to neutral zone. RSI was deeply oversold and made a double bottom in June, 2022. Now it has broken the downward trendline and continuously going up, may give a chance for long position with change in sectoral leadership.
Warning and Disclaimer:
Above prediction should not be taken as financial advise, it is a personal opinion.
Consult your financial advisor.
Investment is subject to market risks.
Past performance is not the guarantee for future performance.
It is for educational purpose only.
