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
S$P shows level of support on level 3854. support level 3835
S&P 500 appears to finish its pull back and is now set to resume lower. The Ideal target will be a new low to the recent swing. Additionally, the Fibonacci levels proportion to previous moves has been shown. The RSI is falling to take off the equilibrium zone in the pull back indicating weak to sideways bias.
S&p 500 formed a beautiful cup and handle pattern Vcp too 300 point target 150 point sl disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
As per Elliott Wave Theory TVC:SPX will be able to give a relief rally for 4th wave and then 5th wave ideally should start.
It's just an idea overlooked but i think this will happen as we haven't got any big flush after great depression. And spx always in hang in situation will think this might happen in upcoming years
SPX go long with SL daily RSI close below 31.45. We are seeing a running Triangle formation with Bullish Divergence in Daily and Weekly RSI. Confirmation is too far away, so need to enter here to make it a good RR trade. Low risk traders can enter here with SL, new low in daily RSI below 31.45. High Risk traders can have a bigger SL, new low in Weekly RSI below...
Analysis on Weekly Basis: S&P 500 started its 5th wave downward and C Impulsive Corrective Wave which is the final and violent end. This is usually the end phase of downfall and time to buy after completion of downtrend. 50% Correction of Bull run from Covid low to 4800 is coming nearly at 3400 to 3500 on S&P 500. It rallied from 2200 (March Low 2020) to 4800...
The trend is your friend, until it bends. I propose investors should consider the risk that we're at the end of a major bull market that has spanned at least 30 years and we'd be due to enter into a net bear market of not less than 5 years. The crashes of 2000 and 2008 being only the flat correction of Elliot wave 2. Our "Roaring 2000s" rally from 2018 being...
S&P, After impulse move in 1-2-3-4-5 waves on weekly chart, now we have witnessed entire fall as a leading diagonal as a wave A, and now we are in wave B, possibly it can retrace up to 38.2% of wave A entire fall, or maximum up to high of wave 4 in wave A, these levels are pegged near 4050 and 4177, all other parameters are supporting same bias to go long, which...
In a correction and gap fill...S&P Respecting fibonacci on weekly charts #LongtermBullish #Investors
I think S &P 500 there will be big bull move. So am bullish seeing some patterns , i think a new rally will come in bull move Target 4500 Stop loss or stop out value. 3840 Time frame - 5 to 15 days. Note- Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.