Es1
ES levels and targets Oct 31stAfter a full week stuck in the same range, ES finally broke lower, triggering shorts yesterday evening—the first breakdown in over a week, as outlined in yesterday’s 4pm trading plan. Bears have the advantage now until a resistance level reclaims.
As of now: 5828 needs to recover to establish a potential low. Next downside targets are 5800, followed by 5792-88.
ES Levels and targets Oct 30thFor the past two weeks, ES has been forming a large flag pattern with 5864 acting as a key mid-pivot. Yesterday, I was eyeing a rally to the upper range at 5882, 5891+, and we hit 5892 overnight.
As of now: Expect some complex chop. Supports are 5864 and 5855; staying above these keeps 5882, 5891, and 5896 in play. If 5855 fails, I’m looking for a drop to 5838.
S&P500 Bottom expected this week.New bull phase to 6500 startingThe S&P500 index (SPX) has a red 1W candle last week, its first after 6 straight green. This was a much needed technical correction on a rally that has been holding since the August 05 low, while on the longer term it's part of a Channel Up that since last October (2023), hence a year ago, is being supported by the 1W MA50 (blue trend-line).
We've identified a similar pattern, essentially an identical price action that started after the March 2020 COVID bottom and extended all the way to the November 2021 peak. It appears that relative to that Channel Up pattern, we are about to complete this week step (e), which on May 17 2021, it priced the 2nd straight red week and then resumed the uptrend.
Technically, as long as the 1W MA50 holds, we remain inside a Bull Phase. The symmetry between the two fractals is striking, both have ascended by +43.46% up to step (e). If this symmetry continues all the way to the top, then that could be at a +62.37% rise from the Channel's bottom.
As a result, this gives us a 6500 Target (at least) by Q2 2025.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
DreamAnalysis | NASDAQ's Next Move Key Levels & Strategic Setups✨ Today’s Focus: NASDAQ (US100) – A Major Market Influencer
We’re diving into the latest NASDAQ price action to pinpoint crucial levels, assess potential trends, and uncover strategic trading opportunities.
📊 Market Overview:
Currently, NASDAQ is positioned in a deep premium. The price has broken through significant buy-side liquidity levels, including the Previous Month High (PMH) and Previous Week High (PWH), setting the stage for a potential move toward the all-time high. A bearish Smart Money Technique (SMT) signal also aligns with the SPX500 (ES), hinting at possible headwinds.
🔴 Short- and Long-Term Outlook:
We’ll explore both bullish and bearish setups, equipping day traders with insights to approach both short-term and long-term trends effectively.
🗣 Short-Term Outlook:
In the short term, two scenarios could play out: either a push into the Buy Side Liquidity targeting the all-time high or a rejection at the 4-Hour Imbalance, leading to a lower move. Lower timeframes will be crucial for monitoring these moves—drop down to spot key market movements in real-time.
🗣 Long-Term Outlook:
Looking long term, there’s potential for a pullback into a Discount level. For entries, tracking lower timeframes is essential, especially as we’re near the all-time high. The bearish SMT divergence with SPX500 (ES) reinforces the possibility of a downward expansion.
🕓 Key Levels to Watch:
These levels will likely shape price movement:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Weekly FVG: Weekly Fair Value Gap (Imbalance Zone)
Fair Value Gaps (FVGs) serve as pivotal retracement zones, potentially guiding the next price movement.
📈 Bullish Scenario:
In a bullish setup, watch for Low-Resistance Sell-Side Liquidity sweeps on lower timeframes (LTF). Look for entry signals targeting higher levels, including a potential move toward the all-time high (ATH).
📉 Bearish Scenario:
For bearish trades, focus on lower timeframes such as the 15-minute chart. Short entries within the 4-Hour Imbalance or a breakdown of Low-Resistance Buy-Side Liquidity provide further confirmation.
📝 Final Thoughts:
Stay adaptable as market dynamics shift. By monitoring these key levels and setups, you’ll refine your strategy and increase the potential for high-probability trades.
🔮 On the Radar:
We’re also tracking NASDAQ, DXY, EUR/USD, and other major markets for evolving insights and timely updates.
⚠️ Disclaimer:
This analysis is for educational purposes only and not financial advice. Always do your own research and consult a licensed financial advisor before making any investment decisions.
ES levels and targets Oct 29thAfter rallying to the 5882 target yesterday, ES spent the rest of the day chopping around 5864-65 support. This level remains the pivot/magnet of a two-week range, and we’re not done with it yet—it was lost overnight.
As of now: 5843-46 is the next major support level below. If that doesn’t hold, look for 5834 and 5815. Bulls need to reclaim 5855 to rally back toward 5864-65, with 5878+ beyond that.
S&P500: Next bullish wave is underway.S&P500 just turned bullish on its 1D technical outlook (RSI = 57.557, MACD = 35.840, ADX = 41.016) as the price made a rebound last Wednesday on the 4H MA100, right at the bottom of 6 week Channel Up. The 4H MA100 is the level where the last HL was also priced (October 2nd). Morever the 4H RSI hit and rebounded on the S1 Zone. Regarding the bullish waves, both previous ones have recorded at least a +3.50% rise. This is our expectation once more and we are aiming for slightly under it (TP = 5,950).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
ES levels and targets Oct 28thFor the past two weeks, ES has been stuck in a range. We ran to the top of it on Friday, then sellers pulled back. I noted in plan Sunday that 5843 (or 5848 to be safer) needed to recover to push higher again—closed below it late Friday, and reclaimed at open Sunday reaching 5882+. The money has been made, hold runners.
As of now: A bit of complexity today. 5865 is solid support and needs to hold to keep 5882 and 5892+ in play. If 5865 fails, expect a dip toward 5857.
Weekly Forex Forecast Oct 28th: S&P500, NASDAQ, & DOW This is the Weekly Forex Forecast for Oct 28 - Nov 1st.
The S&P500 and NASDAQ are neutral at the moment, but the trend is bullish. Patience will pay off if we wait for confirmations to bullish orderflow.
The DOW is looking weaker than the other two. It is clear the short term profit targets are to the sell side liquidity.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
$spx going to 11k over the next 3 to 4 yearsIm expecting the current bull to continue for another few years, with a deep correction in between now and the expected target of 11 k, by 2028/29...
From there I expect SP:SPX to enter a sideways bear market such as the ones of 68/75 and 2000/2009 in order to form the 4th base of the secular run since 1929 (shown the comments).
Bears always get it wrong, because of their self-delusions about the world and often also themselves!
It's bulls who - due to their prescience and foresight - actually get to foresee tops in the market.
Bears never catch a top, if they do it's either by coincidence, luck or something a four year old could have seen, like the covid top... anyway... we see so much madness in the ideas section, it's even fun!
S&P500 Buy this pull back.S&P500 / US500 got rejected today on the Falling Resistance of the previous High.
This is the very same pattern we had between Sep 26th - Oct 6th.
After the pull back was completed near the previous Low, the price rebounded above the Falling Resistance to a +2.17% rise.
Even the first rebound on the Rising Support, rose by +2.19%.
Buy the current pull back and target 5900 (+2.17%).
Previous chart:
Follow us, like the idea and leave a comment below!!
U.S. Aggregate T-Bond Market. Fears & Greed AwakeningStocks heavily sold off Thursday (again), with the Dow Jones Industrial Average (DJIA) tumbling nearly 500 points, as investors’ fears over a recession surfaced.
Some fresh data stoked fears over a possible recession and the notion that the Federal Reserve could be too late to start cutting interest rates. Initial jobless claims rose the most since August 2023. And the ISM manufacturing index, a barometer of factory activity in the U.S., came in at 46.8%, worse than expected and a signal of economic contraction.
After these releases, the 10-year Treasury yield dropped below 4% for the first time since February.
These weak data releases come a day after central bank policymakers chose to keep rates at the highest levels in two decades, when Fed Chair Jerome Powell gave investors some hope by signaling a September rate cut could be on the table.
Labor situations is on the radars also, as fresh unemployment data expected on Friday, August 2.
The main technical chart is for U.S. Core Aggregate T-Bond Market ETF (AGG), in total return format/
With 11782 total number of holdings, AGG is US bond market in miniature.
Fears & Greed Awakening.
👉 VIX and VXN are sitting closer to their important levels, 20 and 25 points respectively.
👉 VIX to 50-Day VIX SMA ratio has recently jumped above 1.40, and this is the biggest level over the past twelve months.
👉 VXN to 50-Day VXN SMA ratio has recently jumped above 1.40, and this is the biggest level over the past twelve months.
👉 Difference in 20-day stock and bond returns slumped almost to Zero.
Technical observations
👉 AGG technical graph indicates on huge developing Reversed Head-and-Shoulders, with 2-year highs breakthrough.
👉 The nearest target could be considered is multi top, around $108 mark.
👉 In mid- to long term it could be good for stock indices and markets, despite of possible turbulence and seismic activity.
Es levels and targets Ot 25thWednesday, sellers broke below the key 5865 level and buyers back-tested it yesterday. As expected, we got another back-test today, which just hit. It’s still a solid resistance level—protect gains today and keep a runner if you can.
As of now: Looking for a base to form, with 5878-83+ being the next upside targets. Supports are at 5848 and 5842; if these don’t hold, sellers may step in heavy
Full Trading Plan For ES/SPX Oct 25thPlan for Friday:
Supports:
• Major: 5842, 5825, 5805-07, 5787, 5763, 5756, 5746, 5725-29, 5711, 5690
• Minor: 5853, 5848, 5838, 5818, 5814, 5798, 5783, 5774, 5768, 5751, 5740, 5733, 5715, 5702, 5695
Overview:
Today was a straightforward backtest of 5864 followed by a dip, then a return to that level, marking a typical rangebound day. We are now in a new consolidation range between 5865-68 and 5825. Trading within this range could be tricky and highly technical, so predicting is a losing strategy. For tomorrow, I’ll trade light, expecting continued chop unless the 5865-68 resistance clears.
Key Zones for Tomorrow:
• 5842 is the first support down but is now less reliable due to today’s battleground. If ES dips to 5838 and reclaims it, I may consider going long, but only if no new highs above today’s peak are made first.
• Below 5838, expect a fast flush to 5825 (major support). I’d consider a long here if there’s a failed breakdown of today’s low (~5822), meaning a recovery above 5825 after a brief flush. If 5825 fails, it could indicate that bears still have control, and longs become riskier. The next key long interest is 5805-07 or failed breakdowns of yesterday’s low.
• Deeper support for long interest would be 5756 if we see a larger flush.
Resistances:
• Major: 5865-68, 5882, 5890-92, 5910, 5919, 5945-47, 5971
• Minor: 5861, 5878, 5886, 5899, 5902, 5907, 5914, 5927, 5933, 5940, 5958, 5966
We haven’t cleared the significant 5865-68 resistance yet. Even if we pop up there tomorrow, another dip is likely before any breakout. If we do break through, we could see a squeeze up to 5882, potentially followed by a dip before pushing higher to 5892. If the breakout continues, we may see a push toward new ATHs in the next leg up.
For those interested in shorting, 5882 is a potential level. However, I won’t be shorting above 5865-68.
Buyers Case Tomorrow:
Buyers case would see ES continue to consolidate between 5825 and 5865 before breaking to the upside. The scenario would likely involve a pop to 5865-68, followed by one more dip (could be significant or small), and then a breakout targeting 5882 and 5892. Afterward, a dip may happen before pushing higher toward ATHs.
• I’ll keep an eye on 5842 for long opportunities on dips and potential recoveries at 5848.
Sellers Case Tomorrow:
Sellers need to break 5825 to regain control. If 5825 fails, it could indicate that the recent dip was not a one-off. However, breakdown trades are risky as 80% of breakdowns typically trap traders. These setups require a high skill level and may fail multiple times before paying off significantly.
• I won’t chase shorts after a 30-point sell-off. I’d prefer to see 5825 tested, or a failed breakdown of today’s low before shorting under the bounce structure (possibly around 5818 or higher).
Summary for Tomorrow:
• Expect consolidation between 5825 and 5865-68 with potential ping pong price action.
• Leaning toward a pop to 5865-68, then possibly a dip before breaking out higher to 5882+.
• If 5825 fails, we could see further selling.
Trade cautiously in this consolidation range, as the price can take complex, unpredictable paths.
Es levels and targets Oct 24Full round trip: In ES, every sell-off has been followed by a short squeeze, and we saw both play out yesterday. Once 5857 broke, shorts were triggered, and I was eyeing 5854, then 5864 on a reclaim, both of which were hit overnight.
As of now: 5864 (weak) and 5855 are the key supports. If these hold, 5878 and 5886 stay in play. If 5855 gives way, 5838 below
S&P500 This pull back is an excellent buy opportunity.S&P500 is pulling back intraday but remains over the MA50 (1d).
The bullish trend is intact and is being guided by this long term Channel Up since the 2022 bottom.
The price is right nowjust over the 0.382 Fib Channel level, which isn't overbought by any means.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 6000 (the 0.618 Fib level).
Tips:
1. The RSI (1d) is about to touch its Rising Support, a pattern very similar to the March - June 2023 Rising Support. The two fractals look identical even on price terms. This also indicates a continuation of the bullish trend.
Please like, follow and comment!!
ES levels and targets Oct23rdYesterday, my target in ES was 5902. That’s exactly where the high of the day was set. The pattern remains the same: rally during the day, dip overnight.
As of now: 5868 is the key support and next level down. Bulls need to recover 5887 if they want to push directly back to 5902+.
DreamAnalysis | SPX500 at a Crossroads Key Trading Strategies✨ Today’s Focus: SPX500 (US500) – A Key Market Driver
We dive into recent price movements and analyze critical market levels to identify potential trends.
📊 Current Market Overview:
The price is currently consolidating within the Previous Weekly Range, showing little movement for now. However, it's important to note that the Previous Month's High (PMH) has already been taken, and the market needs to accumulate more liquidity before making a decisive move—hence the consolidation.
🔴 What to Expect: Short-Term vs. Long-Term Scenarios
We'll explore both short-term and long-term outlooks, offering insights into bullish and bearish possibilities for day traders.
🗣 Short-Term Outlook:
In the short term, we may see a retracement into the Fair Value Zone or the Equilibrium (50% of the range). However, without significant information from higher timeframes, it's best to wait for lower timeframe confirmations before entering a trade.
🗣 Long-Term Outlook:
From a long-term perspective, the price may dip lower to absorb sell-side liquidity before continuing its upward trend.
🕓 Key Levels to Watch:
Keep an eye on these levels, which could impact price action:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Daily FVG: Fair Value Gap (Imbalance Zone)
These levels highlight potential liquidity absorption points and areas where price might rebalance. Fair Value Gaps (FVGs) are key zones for potential retracement before the market resumes its trend.
🔔 1Hour Outlook:
📈 Bullish Scenario:
For a bullish setup, we need the Previous Week Low (PWL) to be taken out, or we can use the lower timeframes to identify Sell-Side Liquidity (SSL) levels. Once price sweeps these liquidity levels, we can look for an entry model to target the Buy-Side Liquidity, such as the Previous Week High (PWH).
📉 Bearish Scenario:
On the bearish side, lower timeframes are already offering potential entry models. With the monthly high (PMH) taken and a Smart Money Technique (SMT) divergence with the NASDAQ (US100), there’s a strong confluence for bearish continuation.
📝 Conclusion:
Stay flexible as market conditions shift. Monitor these key levels and setups closely to fine-tune your strategy and seize high-probability trading opportunities.
🔮 Looking Ahead:
Keep following as we track developments in NASDAQ, DXY, EUR/USD, and other major markets. Timely insights will be provided as trends unfold.
⚠️ Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always perform your own research and consult a licensed financial advisor before making any investment decisions.
S&P500 Has it topped?The S&P500 index (SPX) is ahead of critical crossroads for the short-term as the Bullish Megaphone pattern that is in effect since April 01, is showing strong signs of topping.
Even though the price isn't on the top (Higher Highs trend-line) of the Megaphone, the 1D MACD formed a Bearish Cross today and practically is repeating the sequence of the index' previous Leg from April 19 to July 17, which ended also on a MACD Bearish Cross.
As you can see besides the Bearish Cross, even the price action between the two fractals has gone through very similar phases. The current Bullish Leg is in the form of a Rising Wedge.
Despite the Bearish Cross, the trend remains bullish within this pattern until the Wedge's bottom breaks. As a result, it is more likely to see at least 6000 next. If however the price breaks below the 1D MA50 (blue trend-line), we will have a confirmed sell signal at hand, based on which we will short and target 5600.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
ES levels and targets Oct 22ndSince Thursday, ES has been all about one level: 5892, acting as a magnet. Yesterday, we saw a failed breakdown at 5878, with targets at 5892 and 5902. We hit 5902 but sellers rejected overnight.
As of now: Supports are at 5867 and 5855-57. Bulls need to reclaim 5878 to push back toward 5892+. If 5855 fails, 5843 is next down.
S&P500: Best buy entry the 4H MA100.S&P500 is bullish on its 1D technical outlook (RSI = 62.185, MACD = 62.800, ADX = 52.249) but neutral on 4H, which given the long-term bullish trend, has started to ring the first buy signals. Technically though, a better opportunity would exist on the 4H MA100 and not the 4H MA50 which was just tested. In fact, the last HL of the 5 week Channel Up was priced on the 4H MA100 when the 4H RSI broke under 40.00 (bearish). We will buy when those conditions are fulfilled and aim for another +3.50% rise (TP = 6,000).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Es levels and targets Oct 21stOn Friday, I was targeting a rally in ES to 5915, which has been a key resistance level for several days. We hit it spot on Friday, touched it again at last night’s open, then pulled back from there
As of now: 5882-78 is the support zone. We need to reclaim 5892 to aim for 5902 and 5915 again. If 5882 breaks, 5869 and 5850 below