This is the weekly chart I am looking for support at 3895 a good probable event
On Weekly Basis: SPX completed D Impulsive wave at 4325 which was also 200 DMA. It is under E Impulsive wave, in other words capitulation of stocks irrespective of any sector. It has broken 50 DMA at 4009 and support of 3998 (an important pivot), confirming the next 5 waves to come within E impulsive wave. This down trend should continue till November to December...
SPX looks like an impulse up unfolding from this swing low. Buy on triangle breakout or preferably after a retest dip.. SL 3721, Target ATH
S&P500 almost came closer to falling trend line resistance & 50 WMA but did not breached it so far. Good support seen at 4160_4233. If sustain above this may re-test 50 WMA again. Or else will fall towards yellow trendline levels 3900_3935
S&P 500 "Elliot Wave Analysis" Elliot Wave : 5 Wave Pattern ✅Wave 1,3 and 5 Effect direction of market ✅Wave 2 and 5 are counter move to Wave 1,3 and 5 ✅Wave 2 never strike below Wave 1 ✅Wave 3 is never the shortest ✅Wave 4 never enter Wave 1 Elliot Wave : Wave Structure ✅Wave structure takes place in two distinctive phases ✅The first...
S&P 500 "Elliot Wave Analysis" Elliot Wave : 5 Wave Pattern Wave 1,3 and 5 Effect direction of market Wave 2 and 5 are counter move to Wave 1,3 and 5 Wave 2 never strike below Wave 1 Wave 3 is never the shortest Wave 4 never enter Wave 1 Elliot Wave : Wave Structure Wave structure takes place in two distinctive phases The...
A whopping 10% gain with simple technical analysis Will enter into another trade after a consolidation booked 90% Will ride the the trend with 10% left disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
* 50 WMA & Falling trend line will act as strong resistance * 2 consecutive close above 50 WMA will fuel upmove further * Failing to do so will invite fresh selling
What is ViXplosion & ViXcrush? ViXplosion is a phase during which the VIX rises and ViXcrush is a phase during which VIX cools off. The last ViXplosion was triggered on 06-04-2022 and the latest ViXcrush was triggered on 16-06-2022.
On Daily Basis: SPX (S&P 500) is currently facing a strong resistance at 4170 and also the retracement of the fall which could be D Impulsive wave. 200 DMA is at 4338, another resistance. Level of 4145 is 50% retracement of C Impulsive wave down and currently it has closed on week at 4145. RSI made a double bottom on weekly basis and turned its trend upwards. SPX...
A short position on rejection from .618 level and pervious swing
SPX Gann angle resistance reached short momentum start from now ! Todays High SL and short on market
On Weekly Basis: S&P 500 has already retraced 50% and it may extend to 61.8% retracement at 4216. It has also resistance of 200 daily moving average at 4346. It is a rally within the bear cycle where complacency exists. The real end of bear markets ends with capitulation which may end at 3100 to 3450. Bear market correction rallies are sharp and swift. Amazon,...
As mentioned in earlier chart S&p moving in a right direction Booked 50% postion disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
Short with a stop-loss of breakout above the red channel. If this short trade works out, go all out if breaks down below the green channel. Stop loss is relatively small at this point, but better to wait till end of the session to see whether this red channel is being taken out today itself.
us 500 buy 3853 stoploss 3717 target 4000 complete all correction