spx500 trade ideaThe S&P index is at a very interesting area currently so we will be waiting to see how price will react from this level. While it is currently at a very strong supply zone which has been rejected off of a couple of times, I can also spot a very clear inverse head and shoulder pattern which is telling us that price wants to push up past this very strong zone. But we will lay in wait and see what the markets decides to done and trade accordingly.
SP500FT trade ideas
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
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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.
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Manage risk properly and trade you plan.
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US500 BUY BUY BUY!!!Anticipating a buy after the retest of this zone. I will be taking tp at the zone marked but I expect price to push higher to form a new ATH because from the daily, price hit a strong support and resistance level and then bounced off of starting this new uptrend. I will link the daily chart below.
NB: this is not financial advice. please always do your own analysis.
SPX long from confluence demand zoneS&P 500 rallying hard from the demand zone, should be a good 1st week of October for stock markets however warning signs remain, seeing some momentum in the Dollar index and gold prices.
Times up sp500SP500 is getting very near to close below the kumo on a daily time frame. With a bearish kumo twist already in place for day now a close below the cloud will be an ideal sell setup fot the bears.
Nov 1st 2020 was the last time a candle closed below the cloud and the price was at 3400.
S&P 500 Market OutlookS&P 500 has broken a long term trendline which acted as supported and retested before falling further down. This indicates Bearishness in the market, and market may be in for a short term correction before any further uptrend.
DYOR before any making any investment or trading decisions.
S&P 500Below Bearish Level for the month of Sep...
Strategy : Sell on rise with stop loss tab above the green line on closing basis...
Trading levels marked
MAKE OR BREAK FOR S&P 5000.618 Levels is facing good resistance since 3-4 trading sessions. And according to fibonacci retracement this the levels where wave c can start and S&P 500 can show one more leg of correction in the coming days.
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SPX can give a good long tradeHi TV community.
I was looking at SPX on 15 min time frame and find a long opportunity shaping up. The chart is self-explanatory on how a trade could be taken. Let's see how it pans out.
S&P 500 Bull Run on way!!SP:SPX
As you could see,
1) its totally in uptrend
2 it has taken supports earlier
3) Buy on Dips
sp500 #spxas visible on the chart via the lines drawn to be looked at with trade-specific entry exits....
sp500 #spxpossible buy area with sl below 4498 for a probe to 4518 4524 4532... trailing up as we move ..
S&P - USA10-09-2021
S&P - Rally getting narrower
RSI showing serious divergence
Something is cooking?
maybe going to down 4022it was traveling to channel pattern. upcoming days it will be breakout to travel down to previous demand zone.
Market Out Look I have answered almost all of your email Questions , Hope Now you will know its still Going up side
Good luck
SP500 Drop to next level of FibTop Divergence in H1 chart and Broke the trend line!
Drop to a Fib. Level at 4433
Es levels and price prediction over coming weeksSmaller TF scenarios of the previous video spx es spy
Made a short visual explaining my macro scenarios on ES.Comment your thoughts below
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