CNXCOMMODITY:DXYIn correlation flow breakdown watch: CNXCOMMODITY vs U.S. Dollar Index . With dollar near support levels possibilities of bouncing off may also force commodities to take a breather.
S&P 500 (SPX500)
S&P500Since May last year, S&P500 has tested 50-day 8 times -- all successfully. With investor sentiment elevated, but not forthy, another test likely is around the corner.
SPX 500 positional trade : All targets reached.Please check idea previously posted on 22nd June.
SPX 500 has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 4226
STOP LOSS : 4173
TARGET 1 : 4279
TARGET 2 : 4332
Nifty vs S&P 500 ComparisionHi All,
I have a done a comparision of Nifty VS S&P 500 for the purposes of choosing the best index for long term wealth creation.
It is very clear from this chart that S&P 500 falls considerably less than Nifty 50.
So it is better that we divide the money and invest in both the countries India and US.
Thanks
Will SPX 500 create a new all time high?SPX 500 has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA, a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 4226
STOP LOSS : 4173
TARGET 1 : 4279
TARGET 2 : 4332
trendline support in SP500nicely poised at trendline support but if breaks on a closing basis we might see 3980 in quick time.
any monthly closing below 3980 will confirm the reversal, till then you can hold your bullish view.
sell side spxHello guys i had find this setup in 1h timeframe which is on double top and broken structure we will wait for channel breakout and retest and will open position and will put our sl at swing high with target near trendline and plzz before opening any position do your won analysis if you like my analysis do like share and follow thank you
SENSEX SHORTSo here is an analysis of another index 'SENSEX'. Let us understand price action of SENSEX in detail! (OPEN THE CHART FOR BETTER UNDERSTANDING)
Firstly, if you have a look at the second last (green) candle here, it is clear that this candle was not able to sustain above a major resistance line (yellow line).
Secondly, today the price shot up the major resistance line, but experienced selling pressure near its all time high (ATH) and wasn't able to sustain above the major resistance line. We can say that Sensex today gave a FAKEOUT (Fake breakout).
In addition to that, Sensex formed a bearish engulfing pattern which shows weakness ahead.
Talking about indicators, RSI is facing downward after showing weakness.
Sensex is travelling in the upper band of the Bollinger Band, and hence it is due for a correction. (I haven't applied bollinger bands here as it will mess up the chart and it would get difficult for you to understand. You can put bollinger bands yourself and check)
All this shows weakness in SENSEX, hence I would recommend being stock-specific
FOLLOW IF YOU LIKE THE ANALYSIS.
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS. COMMENT IF YOU HAVE ANY DOUBT ON THIS ANALYSIS.
THANKS
S&P500 BEARISH SETUPSPX looks to reject price on the upper side and are seeing a strong resistance on top. The TDI shows a nice diversion and it seems that we are about to see some correction.
Is the LQD suggesting trouble ahead for the broader marketThe investment-grade corporate bond ETF LQD leads the broader market. Off late it has broken down completely exhibiting a
death cross. This spells trouble for the broader market.
On the way to all time highs!!!In process to complete a WXY move. Target is the 100 % extension of W at $183 USD. Very clear structure!
Still in a bull market!!Textbook example of a WXY move. Subdivision perfectly hits most likely Fibonacci extension levels which implies the most propable count. Expect a correction at the .618 extension. In which form we will see. Target before larger correction is $4621 USD.
Time To think ! s&p500 is Sustaining good Support !! s&p500 shows good support over 3895 for long time.
its sign of strong rejecting down side movement.
My oppinion | Its a buy near 3930 or long side trades.
Thanks
Crash Ahead !!!Upper part of an Gramophone Pattern
E 3823
sl 3865
T trail
if the prices start to move down it could crash 50%.
Reason to go Shorts:
Upper part of the big picture Gramophone Pattern
Prices are into Weekly Supply zone
May Form the Head and Shoulder Pattern.
For more information and Idea Contact us and follow us .
It's a Old Gramophone !!!Yes It's Gramophone Pattern.
50% to 60 % Dump is coming.
Be prepare for it.
But this is the last crash. Huge crash which will drag down Gold,Silver, Bitcoin and also Global Market with it.
But eventually Gold BItcoin and SIlver will recover faster and start mooning.
its 2008 Again.
Fundamental Reason For Crash
1. Lockdown and New Strain of Covid-19
2. Gold All Time High
3. Fundamental Changes In The Banking System
4. Real Estate Bubble also going to Burst
5. New Monetary System is going to come Bretton Woods 2.0
6. Job Crisis
7. Fed is Printing so much money that Debt to GDP is so high so that people losing faith in USD
8.US and China adopting MMT
ETC
Be ready to buy stock at cheap price again.
Every Crash if opportunity to get Ultra Wealthy.
As we have sucessfully predicted 2008 ,2000 crises Successfully.
we are providing this call for free to help people make their fortune.
For more info follow us and contact us.
