Expected to have completed wave 5 of the impulsive move from the low of 4104 on 28 oct and expect a 3 swing correction against this rally. So expecting a decline in S&P before any further rally
Down 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.
S&P500 reaching an important resistance, if it breaks here the market will go for 4330. In the bearish scenario I see greater probability. We have the formation of a complex sell pattern, the resistance from 4145 to 4150 and we have the VUMANCHU oscillator for 4 hours giving bearish divergence. No wonder BTC is also at a top. The moment is decisive for...
In carts price has taken a rejection at previous resistance and supply area along with bearish headlines.... so Sell equity for this week....
After 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 ?
Hey 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
SP:SPX may try to create #wpattern or double bottom on daily / hourly time frames at important support zone of daily time frame, if it breaks below the support level, we can achieve the expected downside targets soon.
SP:SPX is gearing up for 10% free fall, it has followed the levels I mentioned in my last post with accuracy, from today onwards we can expect SPX to start down fall for 10% correction.
SP:SPX short prediction based on support demand zones and support resistence zones on multiple time fream analysis.
Entry into bear market ! Last expected to 3396 Gann fan and fibo on monthly are way fully in short!!
#SPX When SPX broke out to new all-time highs at the end of 2021 and the beginning of 2022, it left behind support at 4700 – the area of the old highs. That level is now being broken & I'm assuming Major top done of 2009-2021 Bull Cycle.
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...
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...
SPX 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.
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 .
analysis mentioned on the chart