S&P 500 rally is ripe now. Can fall to 6600 first and then 6400S&P rally is ripe for a fall now.
low volume in upside.
+
extended run from liberation day
= is perfect combo for a lower level in S&P 500.
We have seen Rsi and linda Raschke's momentum indication in divergence to the rally in index.
Cummulative all technical indicator like trend line break + div
Related futures
ES1- Reversal After Extended SelloffPrice has experienced a clean, directional drop with consistent Sell signals and EMA slope confirmation.
Current Buy signal has appeared near potential support, offering a short-term reversal watch.
EMAs still show downward pressure, so caution is warranted until breakout confirmation occurs.
🔍 E
Tariffs and a Wild S&P 500 Ride: A Trader’s View on the ChaosA Horrible 8 Days for Traders:
The last 8 days have been a nightmare for traders and investors. Portfolios crashed hard, battered by uncertainty in the market—all thanks to tariff news from a U.S. leader with a business background and his ultra-wealthy advisor. The S&P 500 took a wild ride, and I’v
ES Monthly chart - how to time the marketBackground:
-I look for trends in everything, PA and indicators
-Monthly charts are very helpful for timing long term investments
-momentum matters; RSI is the only true leading indicator that I have found
What's on this chart:
-macd
-PA
-rsi
-bottoming volume bars
What can be learned from this
ES - Inventory Analysis & Trade Plan - 13 August 2024Hello and i hope everyone is doing well. In today's video i want to cover how the inventory developed yesterday and what are the auction paths that i am watching to trade ES today.
Current levels to observe the reaction of price: 5356 & 5383
Current Inventory is developing above PDC and have an
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.