Trade ideas
S&P 500
S& P 500
Support is at 4114.
Negative divergence on RSI has been witnessed.
MACD has triggerd its average and its falling down.
On fall and close below the support expect correction.
A retracement of the rise from 3848 to 4215 can be witnessed.
Retracement are 4075-4031-3988.
Expect retracement to be tested once breakdown below 4114 is witnessed on closing.
S&P500 BEARISH SETUPSPX looks to reject price on the upper side and are seeing a strong resistance on top. The TDI shows a nice diversion and it seems that we are about to see some correction.
S&P 500 - Minor Correction of 2 to 3% before BLOW OFF TOPS&P 500 might see dip up-to 4080 to 4060 from 4185 to 4200 zones
Final Target 4600 before mid June 2021
Entry around 4060 to 4080 looks good
S&P500S&P 500
Up Trend is being witnessed.
Post Breakout above 3954.
The implication of breakout above 3954
is 4101 and 4289.
The level of 4101 is crossed and the same was shown in our earlier update on S&P 500.
A rising channel is now visisble.
Near term correction or sideways volatility may emerg
if close below 4123.
Expect a gradual move towards 4292 with volatilility for correction and may be for consolidation.
S&P500S&P 500
Higher top and Higher Bottom formation
continues
Expect rise to 1.618 level of 4135 in near term with volatility.
The January 2020 breakout impact is for 4125.
The recent top Feb'21 and March 21 breakout impact
4135.
Market could witnessed a rise towards the same.
Indicator like RSI has yet to rush into overbought and its overbought momentum as yet.
Profit booking pressure could be witnessed around 4135
Zones for S&P 500If and when S&P drops below 100 EMA - 3400 levels will act as a buying zone.
Short trade can playout at the trendline break.
SPXUSD's direction SPXUSD
perhaps will create a new high then fall back immediately and deeply .
face to the historical pressure . I think there are high probabilities to fall back.
does SPX500 reverted to 0.618 and go on bullish ?seems that bearish has been broken by 1H, but the pressure of 4H's and 1D's are still there , I want to wait the price fall to 1H's 0.618 ,then try to buy .
any advice ?
Still in a bull market!!Textbook example of a WXY move. Subdivision perfectly hits most likely Fibonacci extension levels which implies the most propable count. Expect a correction at the .618 extension. In which form we will see. Target before larger correction is $4621 USD.
#S&P500 #S&P500 Index :-
Weekly ( 22-26 Feb 2021 ) Important Sup & Res Levels.
we have shared this week's #S&P500 Index important levels where it can take a support and face resistance.
Time To think ! s&p500 is Sustaining good Support !! s&p500 shows good support over 3895 for long time.
its sign of strong rejecting down side movement.
My oppinion | Its a buy near 3930 or long side trades.
Thanks
S&P500 Index Forecast We think S&P500 Index selling level 3930-3960 level to start. And When selling start then this price down come 3860-3800 nearly.
Stop Closing level 4000
This a signal hope our signal help your trading.
S&P 500 Elliott wave count ( intraday chart) Om Namah Shivay
The S&P 500 Intraday chart Elliott wave analysis gives some possible movement ideas.
This is for educational purpose only. There are no trading suggestions in this.
Om Namah Shivay
SPX Long and Short Strategy How to TradeThru this video I tried to explain a strategy in an uptrend and briefly touched upon the present trend
