ES1HELLO GUYS THIS MY IDEA 💡ABOUT ES1 is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
UPTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
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TURTLE TRADER 🐢
E-mini
S&P 500 VS STOCKSIn this idea, I'm simply taking a look at the S&P 500 verses the actual stocks that make up the S&P 500 by using their 200d and 50d averages. This can be useful as an indicator to look for divergences, early warning signs, or confirmational trend changes.
Top pane = SPX stocks above their 200 day moving average
Middle pane = SPX stocks above their 50 day moving average
Lower pane = SPX index
Since May 2021, it's evident that the stocks > their 200 day and stocks > their 50 day have been trending down while as the overall index has been trending up. This is a sizable divergence that could cause a sudden correction in the index. While I'm speculating, I do not believe the indices have put in their major top yet. But that doesn't mean we will not see a sizable correction with weeks or months of volatility. Let's see if the indices can take a chill pill for a while and offer another buying opportunity.
Selling pressure/presión de ventaThe price is moving down, and it seems that the institutions need to push lower to about 3850-35, perhaps in the open it may move up to get "energy" to get to those levels, but the direction is clear now. We have 40 points so far, 50+ points are in the way...
El precio se ha movido a la baja, y parece ser que las instituciones necesitan empujar mas abajo hasta aproximadamente 3850.35, quizás en la apertura el precio suba hasta, solo para tomar fuerzas para seguir a esos niveles, pero la dirección ahora es clara. Hasta ahora aseguramos 40 puntos, parece que vienen 50 puntos más en el camino.
ES_F The Dip Before the Rip to 4700Looking for a week to let out some fluff and find new buyers going into the first full week of April before another sell-off down to 4100 possible 4000 before April is over. I do think it seeps into May where we may get another jump up towards the end of April, but we will see where we are at with rate hikes, inflation, etc. For now, I am eyeing 4380 as the weekly low and to buy against going into next week for an eventual move back to 4750. It may take a few days to get the fluff going, but should be a nice short once it hits. High side is 4565, low side 4380.
S&P500 History repeats.. movements are not casual! BullishHi All, my main 3 take-outs from this analysis are the following:
1- 100 Moving Average is still working well as dynamic support and prices are bouncing from there aheading to 4,700
2- It is realistic to think that beginning of 2022 might start with a retracement still towards the support sitting at 4,550, with a movement that might bring to the formation of a lateral continuation channel, but in my opinio the asset is well familiar with this kind of movement and my next closets target would be 4,700.
3- Once the price reaches 4,700 I would count on an extension of the movement towards 4,900, also with the help of Fibanocci extension of the previous upward leg
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
ES/SPX Weekly Plan | 12/12 - 12/17Big week ahead in terms of tapering updates. We are very bullish coming into the week for the following reasons:
1. The market has been made aware of Powell's true stance on inflation since he told everyone "we need to let go of the word transitory." We did sell off soon after to 4500 as the market received the news, but since then, everyone has had time to digest it, and we rallied sharply back to almost all time highs. to me, that says they're essentially "accepting" his plan and think that the market is strong enough to withstand the taper
2. Big big dark pool prints all last week even with the knowledge of tapering. This is very supportive for the market
Dec 15 will be very important. Powell can crush everyone's hopes and dreams if he comes out hawkish and speeds up his taper plan or increases the number of tapers. If this happens, our bias will change quickly.
We are on an bullish channel on US100As we see in the chart, we are at the beginning of a new bull trend that has responded to the midline of our channel. Our support and res line has been drawn in the chart and we are close to breaking the channel's middle line for a big bull trend up to the top of our channel, we will see if the price reacts to the res line and then by using Fiboncchi, we can take decisions for take profit levels.
TP 1: 13250 USD
TP" 2: 13350 USD
> Elliot Wave<> 3 of 3 of 3<> Final Wave 4 Complex WXY zigzag >As title suggests, this is an update to previous posts on massive 5 wave move from LOW
We are currently mid way througth the final 4th wave of the concentric unwinding of 4-5-4-5-4-5 which began VDUMPS lows.
See previous post for more detailed snapshot of interior complex structures.
NASDAQ Futures (E-MINI) LongTerm AnalysisNASDAQ has broken the Daily EMA21 and played out the Bearish Divergence on the Weekly (Test of the EMA21 )
No with this pullback we could say that if the Daily EMA21 breaks again, probably it'll test the 10800 Zone & if break EMA21 Weekly again in the coming weeks.
But until that Nasdaq is bullish and maintaining the weekly uptrend.
It could make a change of behavior by making first Weekly Lower High but it isn't present now.