SO big change happened in the last hour with markets reversing - why??? NO IDEA!! All I know is I decided to put in a Buy Order at 4250 with a TP of only 100 points at 4350 just in case markets tank again. We shall see - so far my account is up to about 24K from 10K a couple of months ago. Let's see if I can get to 100K by July :-) Stay safe! Heiko
Continuing on my quest to 100k, it's looking like a bottom to me for the S&P 500 so I put in a Buy order with a TP at 4600, considering it was there just a few days back. Happy Trading and stay safe. Heiko
This is the weekly chart and with only tomorrow left for this week, will it actually end positive for the week? And what about last week - Hammer candle? Bullish maybe? Hopefully? And this weeks candle might end off with a bullish hammer candle also(or positive?) Also, the AO is showing GREEN for this week so that's positive right? Hard to say with this war...
If you are familiar with gap all gap has been touch is rejecting the price which is the next move for the next 2weeks will be bearish, but price will fly soon
I bought $50k SAND on spot at this level and sold at $0.061 for a nice gain on the last BTC dump. This is looking good to reenter on today's BTC dip. Coinbase listing is on the horizon.
Sand/usdt Strong support area between 0.037500$-0.040300$ If the bulls can save these area from daily close below We can see nice pumps to next resistances in chart
Hello traders, The E-Mini S&P500 future has marked a high volume with that special candle. We expect an increasing trend right now. It will try to increase in order to reach the resistance R0. If it breaks R0 it will try to reach R1. But if it can’t reach R0, we should wait that first red volume and candle to sell and take profit.
SPX is approaching its support at 2837.1 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 2958.4 (61.8% Fibonacci extension, horizontal swing low support). Stochastic (89, 5, 3) is approaching resistance where a drop could occur. Trading CFDs on margin carries high risk....
S&P is approaching our first resistance at 2797.60 (horizontal overlap resistance, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 2631.22 (38.2% Fibonacci retracement , Horizontal swing low support) Stochastic (34,5,3) is also approaching resistance where we...
S&P is approaching our first resistance at 2797.60 (horizontal overlap resistance, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 2631.22 (38.2% Fibonacci retracement , Horizontal swing low support) Stochastic (34,5,3) is also approaching resistance where we...
S&P bounced nicely off its support at 2679.59 (horizontal overlap support, 100% fibonacci extension , 50% fibonacci retracement ) where it could potentially bounce to its resistance at 2755.11(61.8% & 100% Fibonacci extension ). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
S&P bounced nicely off its support at 2679.59 (horizontal overlap support, 100% fibonacci extension , 50% fibonacci retracement ) where it could potentially bounce to its resistance at 2740.46(61.8% & 100% Fibonacci extension). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
S&P is approaching our first support at 2687.75 (horizontal overlap support, 100% Fibonacci extension , 38.2% Fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our major resistance at 2790.51 (76.4% Fibonacci retracement , 100% Fibonacci extension , horizontal swing high resistance). Stochastic (21,5,3) is approaching...
As described in my previous note on the S&P 500, there have been two major market corrections since the end of the Great Recession. They were periods of high volatility and a lot of repricing of stocks for 140 days or more. In both cases they started with: 1. A complete reset of the daily RSI ( Relative Strength Index below 20) 2. The S&P 500 holds below the...
Descending broadening wedge formation observed, or what I like to call it as- Muh Tasty Megaphone Price should blow out of it tomorrow, keep an eye for breakout :)
SPX500 traded into the 4 hour bullish orderblock and finding support over there, we can see a nice push up to squeeze bottom shorters out. Expecting a retrace to .705 fib in the chart