Isaac Newton, who turned people's view of the world upside down, once said: "If I have seen further than others, it is by standing on the shoulders of giants". And indeed, each of us has a chance to discover something new for ourselves and others by drawing on the wisdom of our predecessors. I want to say a big thank you to Benjamin Graham, David Dodd, Warren...
The S&P 500 has been trading in a falling parallel channel since December 2021. It is now trading at the top end of the channel, on past three occasions it has corrected for weeks once reaching the top end of the channel. But on this occasion the MACD & RSI both are showing positive divergence on the bottoms formed in the months of June and October.
Consider a...
S&P500 is continiously rejecting from its long term counter trend line
there is a huge possibility that s&p500 will touch its pre-pandemic level very soon
In today's post I present relevant marks of the S&P500 for the next week, which could support the one or the other, in their own analysis.
= since it is a very short-term time frame, I will not comment further.
= the technical analysis approaches, are shown in individual pictures in the contribution. So that an individual interpretation of the respective -...
Hi everyone,
I have tried to share short-term views for Nifty, Bank Nifty & SPX. The index view plays a very crucial role in defining overall market behavior & structure.
The concepts I have used here are support & resistance levels, Kannedy's channels & Elliott wave numbering. If you like the content please do comment.!
Thanks for watching!
spx rejecting trend-line again for the 4th time an last time we 12% 17% 19%, this time i'm expecting 20% dump on it. and DXY is at support right now. fib support at 3150
