The S&P500 seems to have tested the upper channel of the bullish range. It should correct to 2450-2600 soon. Anything below 2400 would be a change of trend from bullish to bears taking charge.
Because my trading can not catch up, please allow me to write it briefly. << tactics >> When judging that 2800.0 functioned as a resistance line, I will short. The first limit is on MPP (R1) The second limit is on WePP (S2) I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick...
It was a story of five months ago when I made a move towards 2900.0. Currently, it can be seen from the daily story that 2800.0 acts as a strong resistance, preventing up trend persistence. Daily I assume that this symbol is not considered an uptrend already. However, most recently it is likely to consider trading using a support line from Double Zero...
-Index hitting the upper band of the channel. -Bearish pin bar forming today. -MACD going to turn bearish. Not an investment advice. Do your own due diligence.
After months of high volatility $SPX is finally breaking out of the symmetrical triangle pattern on the upside.
Looks like sort of a contracting triangle. Time for resolution either ways soon
A break below 2640 on a closing basis can take the index down to 2400
Historically, Indian markets used to react to whatever happened in the US. That's what the subject line suggests. Does it still hold good? I have tried to examine S&P 500, one of those indices that we often refer to (along with Nasdaq and Dow). Earlier to this, I have been analysing and posting the trends in Nifty and Bank Nifty. See my discussion on Head &...
All the indices are at 50 day moving average on weekly chart. You will be amazed to see pull back but, correction is not lkcomplete, pull back will be sold into 9700 on nifty,2566 on S&p, and 22,719 on dow jones. Immediately now next week you will see pull back and global markets experiencing relief rally to get sold into another final round of sell off
Short term trading bounce on SPX possible. Hourly mega oversold. For scalpers
S&P 500 BEARISH ENGULFING AFTER LONG UPTREND
I am expecting this will make 2650+ before December 2017 so any pull back is add to me , Lets see how it unfolds Regards
For Friday Sep 15, 2017 S&P 500 Above 2499 Go Long For Targets 2502.7, 2504.4, 2508.2, 2513.2, 2515.2, 2518.6 Below 2492.3 Go Short For Targets 2488.5, 2486.8, 2483, 2478.1, 2476, 2472.7
For Thursday Sep 14, 2017 S&P 500 Above 2501.8 Go Long For Targets 2505.6, 2507.3, 2511.2, 2516.2, 2518.3, 2521.8 Below 2495 Go Short For Targets 2491.1, 2489.4, 2485.5, 2480.5, 2478.4, 2475
For Wednesday Sep 13, 2017 S&P 500 Above 2499.9 Go Long For Targets 2503.7, 2505.4, 2509.3, 2514.4, 2516.5, 2519.9 Below 2493.1 Go Short For Targets 2489.2, 2487.5, 2483.6, 2478.6, 2476.5, 2473
After the fox paus of North Korea, and despite the best efforts of US admin to fuck things up, normalcy is restored. Normalcy by definition is abnormal though these days. So be on your tows. Over next few days, week or two, it's the most bullish of bull market all around! Medium to long term is unknown. But it's great time to make some money in short term. For...
For Tuesday Sep 12, 2017 S&P 500 Above 2491.4 Go Long For Targets 2495, 2496.7, 2500.4, 2505.2, 2507.3, 2510.5 Below 2484.8 Go Short For Targets 2481.2, 2479.5, 2475.8, 2471, 2468.9, 2465.7
For Monday Sep 11, 2017 S&P 500 Above 2465.5 Go Long For Targets 2470.1, 2472.2, 2476.8, 2482.9, 2485.4, 2489.5 Below 2457.3 Go Short For Targets 2452.8, 2450.7, 2446, 2440, 2437.5, 2433.4