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US500.PRO.OTMS trade ideas
SPX500 1dtf reversal at resistanceSpx 500 1dtf reversal at resistance
Bears are very strong at the resistance a hammer candlestick might support the idea will wait and watch
But good place to enter
To confirm wait till day's close
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S&P500 indexS&P500 index is looking good for a rally in the coming days , with a downward trendline breakout showing a possible trend change in the index , and also a good inside bar breakout on monthly time frame , retest is done and if this monthly candle(MAY) manages to close above the zones of 4140 , a possible bulll momentum of 9-10% can be seen in the index in coming days , view will be invalid if monthly candle closes below 4140 levels , SL will be 4020 levels if monthly candle closes above 4140
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S&P 500 - Elliott Wave Analysis 2023.05.20SP:SPX semms to be moving into ABC corrective pattern after completing 5 impulse waves.
Also, RSI divergence very clearly visible on daily chart.
Next wave will be a down wave in coming week(s) taking the index to the support level marked on the chart.
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SNP500I have now gone to the extent of showing you the apprxx Resistence and the downside support to follow...... Leading to a wave 3 move UNPARRALLELED in HISTORY...... IT FITS my Target of NIFTY 39000+.... Not putting any Long/Short Tag to it as I have already given you all the entire wave count on a Platter... Dont be disturbed by any whipsaws if you are a LT investor
SnP500The Sn P 500 is amazingly poised....... with Bullish/Bearish Bets all over. I have given you all the MOST IMPORTANT Resistence for the SNAP 500..... stay alert...... this is a Monthly chart and hence whipsaws both sides will follow
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