The foreign exchange market (Forex) is a global, decentralized financial market where traders buy and sell currencies. It is the largest and most liquid market in the world, with an average daily trading volume of over $6.6 trillion. There are many reasons why the Forex market is popular with traders: High liquidity : Due to the huge trading volume, traders can...
Today S&P seen holding on to its support area....In case Feb Decision and FOMC news favours equity then I think we can see 5220 this week.
Hello & welcome to this analysis S&P has entered the PRZ of a bearish Harmonic ABCD pattern. It gets activated below 5175 and negated above 5210 A reversal from here could form a lower high in the index
S&P has taken support little earlier than expected, so this could easily see price of 5150 very soon.
SP500 hit a all time high of 5284.20 in the first week of April 2024. We saw 3 weeks correction as per Gann rules against the trend. The swing 3 weeks low is at 4930 on week starting 15 Apr 2024 350 odd points down from the high. Level of 5233.50 was important for the index breaking that level we are hit the cluster support zone of 4942.70 and 4906.40. Index needs...
US said Israel hit Iran and this will impact US equity due to risk on oil. Mostly US equity do not change trend so easily with out testing ket levels.
Guys i am releasing analysis on how to make 300% return on investment this year pls watch and enjoy VHT your mentor signing out
Breakout of 2 year rounding bottom Pattern tgt is beyond 6000 last couple of weeks are showing some weakness we may get possible retest of levels mentioned and from there it might resume its upward journey
As shown in daily chart of SPX, price made breakdown from three months old upward channel. If it failed to enter again in the channel then selling pressure will increase significantly. There is no good correction of price since last few months. Long unwinding & short selling will push the SPX down. Do or Die condition for the index.
SPX has been up only since crossing previous ATHs. Q1 just closed and Q2 day 1 is closing below the closest weekly levels. Don't fade an upcoming price expansion (or 2) in this month. Immediate key downside support for SPX is the prev ATH, which is 9% under from here. Invalidation - SPX daily close at ATHs.
Live Trading Webinar
Hi... Stoxway a award winning Tradingview Channel welcomes you in our long awaiting live analysis of option trades both in index and equity. Streaming Language - Hindi
Hi... Stoxway a award winning Tradingview Channel welcomes you in our long awaiting live analysis of option trades both in index and equity. Streaming Language - Hindi
Live Trading Webinar
Hi... Stoxway a award winning Tradingview Channel welcomes you in our long awaiting live analysis of option trades both in index and equity. Streaming Language - Hindi
These are the most clean price action based Elliot wave chart I found during analysis I hope everyone can take guidance from it
This is my analysis on this following pairs watch and see how the market seems to be respecting my setup