NIFTY WILL BE CORRECT STRONGLY IN NEXT FEW MONTH.IN 2018,SPX make a same RSI pattern and face a strong correction at least 9%,So these same RSI pattern make in 2022,There will be a probability of correction at least 10% or more.
Trade ideas
Long SPXCurrently S&P 500 TRADING AROUND 4471.08
Long S&P 500 Futures Until Support 1-4545.70 and support 2-4603.39
S&P 500 Ultra Long Term Wave CountUltra long-term wave count of SPX 500. We are reaching wave 5 of a ~90-year cycle. The bust after this can be quite serious if this wave count is correct.
Curv in SPXCurv Pattern in SPX , try short selling with Stop loss. Nifty and banknifty crash today so refer from that. SPX short selling good
SPXSPX still in downtrend unless it sustains above the red line there is no reversal There is a possibility of new low if it does not sustain
S&P 500 - BreakdownAlong with the Nasdaq..the other index that looks brutal is the S&P500.. Bad breakdown coming..
How badly this war will escalate is anybodies guess but with rising inflation and war like environment these are pure signs to be cautious with buying new stocks or quickly buying the dip..
Be patient and lets see what happens over the next couple days.
SPXWe are approaching end of Feb If this month end it closes below the red line it triggers monthly sell and it can touch 4124
SPXSPX got resisted again at the downtrending red line and has fallen 163 points so far Please see the chart I posted previously My trend following system is the most rewarding so far
SPXSPX is in a downtrend Not able to cross the downtrending red line Can it cross this time My analysis is simple but delivers results
SPX INTRADAY OVERVIEW As we can see there's a trend reversal in market and bullish movent in the market it 's a good oppourtunity for long everything is mentioned in the above pic in details
SNP indexSNP index trading around support zone as per rising channel and as per elliot wave have completed its 4th wave,,
looks to shoot up by 200 points from current levels
SPU- SPOOS OOPS NUMBERSChart details in text is self explanatory. We have completed shoulder and head and are now in right shoulder (view negates above 4630 close).. What is interesting is the current move down which is impulsive... can extend the move towards 4030-80... 4300 close confirms 4630 close negates.
S&P 500 (short) You can short S&P 500 near resistance line for tgts as mentioned on charts. It has rise without much consolidation. If 4200 broken as support it may reach 3400. Very less likely but still its not impossible.
Please correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
S&P 500S&P 500 is trying to make a base after correcting 12% in 3 weeks.
Near 200 D EMA
Support at 4300 level
This is a good indication for the INDIAN market, before BUDGET
#budget2022 #globalmarket #techinicalanalysis #trader
SPXCritical support around 200 day averages.
Last Support demand points
RSI hit oversold and exiting for a swing bottom.
S&P 500 Index - FallS&P 500 Index - Fall
It will fall another 600 points surely in next few weeks...
Deep Analysis on SPX BULLISHHDeep Analysis on SPX in the long timeframe (1M). Hence market is in restesting face in long/ short time.
S&P 500 As per cycle calculation S&P 500 i am looking long here @ 4227
As per my Dynamic Cycles looking 4450 Target
As per Cycle 4227 cycle finished further down only below 4156
Buy @4227 Keep Sl 4156
S&P 500 Index (Weekly)
> Break down of channel
> Closed below 21 EMA in a significant manner after almost 2 years (last time was 24 Feb 2020 week)
> There is small support around 4250 levels
Are we heading towards some serious correction??
S&P 500 (SPX) | Best point for sell🎯Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count, the first 1 and 2 waves have been completed and wave 2 is not normal correction compared to the main wave 1 because it does not have good conditions in terms of time and depth of correction, but in our wave, wave 2 is in this range.
In our opinion, the 3rd main wave is not complete and the 5th microwave is being formed.
The microwave 5 is not in the range that is likely to end compared to waves 1 and 3, so we think this wave will move up to the Fabio 0.38 relative to the previous waves and then the desired correction will begin.
The structure of wave 5 itself is in its fifth wave, which is relatively well formed in good conditions, and for the completion of other waves and better roofing, we will have climbs up to Fibo 0.618.
Breaking the trend line is required to confirm the correction.
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