Ellipses mark ranges within which price levels should meet. Monday drop and then a pop
Green ellipses = range where crest should form. Red ellipses = range where trough should form. Based on Mercury Retrograde Trade Strategy as part of EsoMeta Analysis.
Green ellipses = crests, red ellipses = troughs. Price ranges Based on Mercury Retrograde Trade Strategy as part of EsoMeta Analysis.
Red ellipses indicate ranges where troughs are likey to form, green ellipses indicate ranges where peaks are likely to form.
Green ellipses are ranges where we are likely to see a peak, red ellipses are ranges where we are likely to see a trough
🔴 Resistance - 503 🔴 🚀 Target - 506 - 509 🚀 🟢 Support - 502 🟢 🚀 Target - 599 - 498 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION &...
🔴 Resistance - 501 🔴 🚀 Target - 503 🚀 🟢 Support - 500 🟢 🚀 Target - 497 - 496 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION &...
This is my analysis for SPY for this week. Make sure to DM me for any questions or doubts. NOTE:DO NOT SHORT THE MARKET
Many thinks market is bullish but I think this ticker may take reverse and hit at least two of marked line .. let’s see .. It will take 5-6 months
it may fall up to marked in recent times , so must aware before taking CALL option .
🔴All four major index ETF's in US markets has broken down. 🔴ETF's trading below their 20 DEMA. RDX momentum score<5 🔴Higher volume on sell days & lower volumes when they rise 🔴Daily RSI about to break 40 mark and go lower and lower 🔴SuperTrend also indicating trend change & gave sell signal 🔴Indian markets may follow the suite and have broken 20000 🔴Exercise...
Analysis says , below marked lines are demand zone for this up wave , it may take correction too long but slowly it will hit mentioned line at any day or month
Spy looks like it is on a rising wedge pattern on the daily
AMEX:SPY May 12, 2023 15 Minutes Not much change from yesterday. Range becoming tighter. 412.5 is crucial to cross. Then we can aim for 413.7-414 range. 200 averages at 410 should offer good support. If no big gaps i will try for 414 target trade on upside. On reversal 410 has to break to take a call.
Looking at SPY's Friday's Daily candle, it is no brainer that SPY has further downside. The next strong support is around 376.5. It doesn't seem likely that this support would be breached. SPY should this week touch this level or reverse very close to it like some where between 378 and 376.
On weekly time frame, SPY has formed an Inside Candle. This pattern indicates there would be a downside breakout in the week of 13th Feb or the subsequent week. If that happens, the first target would be 397. If in the subsequent week of the breakout, the price opens around 395 or in simple words the trend continues then 382 would be second target with is a strong support.
Previous part of the post: My Three Comrades: the Chart, the Screener, and the Watchlist Now let's move on to the fundamental analysis. Remember in this post I gave the example that a joint stock company can be thought of as a hotel, and owning shares can be thought of as owning one or more rooms in that hotel. So, imagine now that our hotel has a terrible...