On Weekly Basis: S&P 500 (SPY) completed its correction from 4800 to 3490 in its 5 Wave Down. Fibonacci 50% retracement from bottom 2300 to top 4800 ends at 3540, a support level. It fell 27% from top which looks quite healthy from long term point of view. Tech sector has taken a deep hit and looks like it has entered a bear market. It took a support at 3492 which...
The Fed Net Liquidity indicator is a concept discovered by Max Anderson to calculate the fair value of SPX ( S&P 500 Index ). The formula he shared on Twitter uses the Fed Balance Sheet , TGA (Treasury General Account), and Reverse Repo. The data for each component above is accessible on the FRED website. Net Liquidity = Fed Balance Sheet - ( TGA + Reverse...
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoringSPX500 for a buying opportunity, once we will receive any bullish confirmation the trade will be executed. If this post was useful to you do not forget to like and comment.
Disclaimer : We are not SEBI registered. These are purely trade ideas and meant for educational purposes only.
Disclaimer : We are not SEBI registered. These are purely trade ideas and meant for educational purposes only.
2nd try to break this trendline , where no daily candle finished above it 2 situation are possible
Live analysis , Entry Exit from trades.
spx500 possible moves in 4hr tf if moves upside can move till trendline of day timeframe
S&P 500 Downtrend may continue till 3391 It's an analysis not a trading advice, trade with due diligence