SPX Long ConinuedThe probability I posted in the previous chart worked All credit goes to my Trend Analysis system
SPIUSD trade ideas
SPX Month chart updatedif the low 2856 is held ( double bottom month) and closes above 2998 EOD then we are for a rally. If it recovers from 2856 then my system forms a spike and we can assume fall is over.
This is just a probability
S&P 500 then and now, What next?After this huge slippage of prices today, the bullish invalidation is at $2874sh level and bullish knock back to the market will be in between the range of
3017-3050 zone.
What is expected next is break of bullish invalidation and lower side targets. A probable pull back or retest of bullish knock is possible before a fall again.
BHOOMI predicted this fall way before, on 20th Feb itself.
Read my earlier blog on different topics at niftyanalysis.in/blog
S&P 500 CODED LEVELSMARKET FORECAST AND ITS REACTION IS PERFECT
SO DO TRADE THE CALCULATED PLACES WITH MORE ATTENTION ALWAYS
S&P500 - short term volatilityLooks like October is shaping up to be a volatile month. You can play the volatility by shorting near the top and longing near the bottom of current range. Since we already bounced from the bottom of range, the next opportunity is going to be a short near the top. This play, which involves shorting a previous level of daily support which should now turn resistance gives pretty good risk to reward. Recommended risk of 2%.
S&P 500 Update #2 - A Mexican Standoff.Hi, today we are going to talk about the S&P 500 and its current landscape.
At the index, we observe a strong confluence of Gann. Such accumulation follows the narrowing of the supports and resistances of Gann. As possible trade targets, we have the Fibonacci retracement.
Thank you for reading and leave your comments if you like.
S&P500Red trendline is the target. expecting bounce from there. if it breaks (probably by 2020); its dommsday. excpeting the lower trending target (lower blue trendling by 2022/23).
SPX 500The S&P 500 index is trading at a resistance of 2932 to 2950 respectively marked with red broken lines on the chart.
Since Sept 2018 it has fallen from this level 8 times and this is the 9th attempt. So on 4hrs chart, a close above or between 2885 and 2900 will be considered positive. Once a strong close above 2954 we can see a 50 points jump in this counter.
