Om Namah Shivay Trying the range squaring from top to bottom (Intermediate and major). Looks the practice is worthy as tradable cases are more. Just a practice worksheet in between. Om Namah Shivay
Om Namah Shivay Today was trying to find out tradable significance of 144 on SPX weekly chart. Not finding any tradable significance for 144. From Gann's Robert Gordon Cotton, 72 is found to be working 144/2. It has significance. Yet to test the tradable significance. Om Namah Shivay
RESEARCH study purposes only SWING TRADE S&P500 BUY ABOVE 3272.25 FIRST TARGET, 3332 SECOND TARGET,3390,
SXP approaching its previous high (@3394), considering its strong momentum it can slightly can resist at top but overall now seems good to buy
Support lines are lined up below, lets see how it behaves.
S&P at support Level of 3234. 3243 being mid point of the channel. Bears to have upper hand below 3243 and vice-versa.
This is non-repainting indicator which can be used for Index, Stocks, Commodities and Bitcoin or any other securities depending upon the various parameter setting of the indicator. The detailed description about the indicator is as follows: I have taken 2 lots of SPX as default trading quantity and one for partial booking after 75 points which can be customized....
It seems we have a Running Flat in Wave 4. Structure is looking quite bullish.
Expected to be range bound in the range 3115 and 3176. Break out above 3234
#spx looks like rally is over. Any close below 3154 this weekend can lead to 3053-2945
CMP 3041 ---first time trading below upper trend created from 23rd March 2020 ..failed to close gap area 3141-3161 ...5th June -10th June Trade created Island reversal Close below 3000 will open gates upto 2700 ....stoploss 3161
Spx has been bullish for most of the 6-30 week. today it pushed past its market structure held at roughly 3150. While most would be expecting a retest and the start of an even more bullish momentum, looking at the 4hr and daily chart can provide insight to the fact that we are just in the top of a very large retracement. in the past month price has not risen above...