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Spx500short

HDFCBANK Levels For Intraday or swing TradingChart Overview: Current Price: ₹6,735.851. Recent Performance: 1 day: -0.20% 5 days: +0.53% 1 month: +1.98% 6 months: +16.73% Year to date: -4.06% 1 year: +4.82% 5 years: +45.74% Support and Resistance Levels: Pivot Points: Resistance 1 (R1): ₹6,650.37 Resistance 2 (R2): ₹6,684.38 Resistance 3 (R3): ₹6,712.77 Pivot Point: ₹6,621.98 Support 1 (S1): ₹6,587.97 Support 2 (S2): ₹6,559.58 Support 3 (S3): ₹6,525.57 Fibonacci Pivot Points: R1: ₹6,645.82 R2: ₹6,660.55 R3: ₹6,675.28
NSE:HDFCBANK
by Optionclub
S&P 500 (SPX) | Best point for sell🎯Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the indicators, because the movements of the waves are always upward and its corrections are very short compared to the forward movement that is done, no relation between the waves can be detected. Therefore, we consider the beginning of new waves after the biggest correction in terms of time. After the largest correction, we counted an almost normal wave 1 and a not-so-excellent wave 2, and considered the rest of the waves to be related to wave 3, and it was only in this scenario that we were able to make a connection between the waves. Wave 3 is probably made up of 1, 2, 3, and 4 microwaves, and now we are inside wave 5. In the previous analysis, we said that if the end of the previous wave is broken, the motion will be different and so on. From wave 5, this ascent is related to microwave 5, which according to Fibo must end before 4900 and start the correction by breaking the black trend line . If the price moves more than the specified targets, this count should be doubted. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
SP:SPX
by mahdisoltaninjad
US markets taking a pause?The price action formation on the SPX seems to be indicating that the market in the US could be taking a pause for now. Price had pulled back from all time highs recently, but now is seeing rejection from the 20EMA. If this trend continues we could see price correcting to the longer term trendline and then the 200EMA on the daily chart. A short position can be initiated keeping the following levels in mind. SHORT BELOW : 4346 STOP LOSS : 4420 TARGET 1 : 4272 TARGET 2 : 4198 _____________________________________________________________________________________________________________________________________________________ A similar formation is also evident on DJIA, indicating that this could be a market wide pause, something which could lead to a short term correction. If this scenario sustains, we could see this bearishness spill over to the Indian markets as well. _____________________________________________________________________________________________________________________________________________________ Manage risk properly and trade you plan. Like and follow for more. :)
TVC:SPXShort
by Tradeception_
Long term Prospect on SPX500 — How far is the Market gonna dip?Conjuncture As Coronavirus seem to have reached in the EU what looks to be so far its "propagation ceiling", the US is being rapidly contaminated with the virus; their extremely precarious healthcare system worsening the spread by making it increasingly harder for people to get tested. The US spread, being late of a week or two behind the EU, still has lots of room for propagation to grow. Therefore, as soon as the disease started significantly spreading in the US, the markets began accelerating to the downside despite already pricing within a really attractive range of prices . This suggest that the market has just — or at least recently — started pricing the actual propagation in US territory, unlike what it was doing two weeks ago. This is a sentiment that is being reinforced by Chinese's global contamination number which has been decreasing for two or three days now. Nonetheless, keep in mind that these numbers (the Chinese ones), may only be partially reliable. If my postulate is correct, we should start seeing the Asian markets slowing down during the next week, the european markets (which are way closer from their weekly supports than the US) should follow the Asian pace shortly, while the US starts accelerating. Context/Fundamentals Coronavirus Oil Crash and OPEC falls apart EU ban Weak economics fundamentals Major Equities still overvalued Central banks doubling down on complacent Monetary policy Technicals Weakening daily bearish RSI Weekly support trendline broke to the downside (green) Mid-Term support area 2571 to 2470 not holding prices anymore. Prices accelerating through the area in 4 hour and higher timeframes Markets still have lots of room to the downside on weekly timeframes Next Key Support Areas Here's a weekly chart highlighting most of the attractive prices and levels of support, giving you a beforetaste of the amplitude of the freefall that may occur : 2343$ — 38.2 fibonacci of 2008 - 2019 We better not close below that area, otherwise we break through the bottom of 2019's bullish movement. From there, we're forecasting the end of a weakly bearish retracement, if not a trend. 2234-2111-1963$ — Those prices, while not being the most attractive, represent interesting low volume areas close if not onto the 2015-2016 range in which the market could setup short-term ranges (for a few days or weeks), Scalpers / Daytrader's paradise, Swing Traders and investor's nightmare. Why so ? Because we would be in the worst area for risk / profit ratio Weekly wise. The area between 38.2 and 61.8% is literally what we call the "Dumb Zone", it's not for nothing. Put your Risk/Reward ratio and see for yourself : 1693$ — 61.8% retracement of 2009 - 2019 bullish trend confluent with 50% price drop since last market top. This is getting extremely interesting, personally i have buy order in the books at this exact price. If we reach that area, we're probably gonna range a looong time around it. Would we be able to go lower ? Quite unlikely but not impossible, see next level. 1290$ — To me, this area represent both enormous opportunity and risk. This is the last chance for the US market to recover and start growing again. Any monthly close below that price and it's a multi-year bearish trend confirmed for those markets. Needless to say that, at this point the 1000$ on the SPX is gonna switch from major support to major resistance. Such a pricing of the SPX500 along with all other major US indices would mark the end of the US Dollar aswell as the United States hegemony over the rest of the world. This scenario is for Doomers only. And that seems to be it Hope this idea will inspire some of you ! Go easy on leverage and don't forget to hit the like/follow button if you feel like this post deserves it ;) Kindly, J.M.K
OANDA:SPX500USDLong
by John_Maynard_Keynes
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