On the way to 4110-4150, waiting for a pullback again.Analysis of the spx 500 index on November 23
Today we are here to talk about the spx 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at the level of 4003. Yesterday on the market we saw a sharp rise in the index and an attempt to get out of the current correction. As I said earlier, the next level of growth for the index will be the level of 4110-4150. Although now the growth seems obvious, there is still a chance for the market to develop a correction. Globally, I expect the market to continue rising to the 4150-4250 level, this forecast is confirmed as there is a lot of free money in the market due to the reduction of funds and their positions in bonds that I mentioned earlier. Also, we can expect that these volumes will go to the market, and we will see a sharp increase in the index. However, if this attempt is broken, then we will see stabilization in motion and an attempt to roll back the index to the level of 3860.
What I'm looking forward to today:
Today at the open, I expect an attempt to roll back the index to the level of 3970. But since there are new volumes in the market, therefore, there is still a possibility of a sharp increase in the index to the level of 4115. But if this attempt is broken, then we will see a sharp drop in the index to the level of 3860.
Here are my trading recommendations for today.
What I recommend
If you want to go short:
Short positions are possible from the 4110-4150 level, limit your losses.
If you want to go long:
Long positions are possible from the level of 3860, limit your losses.
If you are out of the market:
If you're out of the market. Then you need the perfect price to trade. Long positions are possible from 3860, limit your losses. If you want to open a short position, then it is better to do it from the level of 4110, 4250. Limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
See you next time!
Goodbye!
Snp500
Get ready. The end of this correction is near, a key moment.Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at 3949. Yesterday, as I expected, we saw an attempt to increase the index at the market opening, i mentioned earlier. However, there were few volumes on the market and they were enough to maintain and stabilize the index. Thus, yesterday’s attempt to grow was not realized.
And so today the market will have another chance for the growth of the index. However, today in the morning the situation on the market is different than yesterday. Many market participants saw the weakness of the market and the hesitation of buyers. This will be a signal to experienced players to reduce their positions if the index fails to grow. This will cause the index to drop sharply.
What today:
Today at the opening of the market, rates are rising, the market is expected to be likely to move sharply. The index will have one last attempt to rise to the level of 4110-4150. However, if this attempt is broken, then we will see a sharp drop in the index to the level of 3860 and below.
What I recommend
If you want to go short:
Short positions are possible with a sharp move down. You can go short if the market goes down sharply, but limit your losses.
If you want to go long:
Long positions are possible with a sharp move up. You can go long if the market goes up sharply, but limit your losses.
If you are out of the market:
If you're out of the market. Then you need the perfect price to trade. Long positions are possible from 3860, limit your losses. If you want to open a short position, then it is better to do it from the level of 4110, 4250. Limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
Bye!
Last attempt to rise to 4110-4150 before a deep correction.Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at the level of 3946. As expected earlier, the market started to correct. And yesterday we saw the price reach the 3920-3900 level which I mentioned earlier. Now the market is in the zone of consolidation, and will leave it when there are new volumes of money on the market.
Today, the market is in a sideways movement, however, I expect an attempt to increase the index to the level of 3975-3990, but if experienced players enter the market, then we will see a sharp movement of the index to the level of 3860. However, if this attempt is broken, then the target for the index will be 4150.
What today:
Here are my trading recommendations for today.
Today I expect the index to stabilize and try to rise to the level of 3990 and then the index will try to move to the level of 3860. But if this attempt is broken, then we will see a sharp increase in the index to the level of 4110-4150.
What I recommend
If you want to go short:
Short positions are possible from the 4110 - 4150 level. This would be an ideal place to sell this week, limit your losses.
If you want to go long:
Long positions are possible from the 3860 level, this would be an ideal buy, limit your losses.
If you are out of the market:
If you are out of the market. Then you need the perfect price to trade. Long positions are possible from 3860, limit your losses. If you want to open a short position, then it is better to do it from the level of 4110, 4250. Limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
See you next time!
Bye!
SPX500: 4110-4150 before a deep correction, key point.Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at 3965. Last Friday we saw the index approach the 3990-4000 level I mentioned earlier. Also at the end of the day we saw trade entries from experienced players. Today I expect the index to make one last attempt to get out of the sideways movement it has been in for the last 7-10 days. The market still has a chance to continue its movement to the level of 4110, however, there is a small possibility of this. Which is likely to be implemented in the morning. However, if this attempt fails, then the target of the index will be 3860.
What today:
Today, the index at the opening will have a chance to make the last attempt to rise to the level of 4110-4150. But if this attempt is broken, then we will see a sharp drop in the index to the level of 3860.
What I recommend
If you want to go short:
Short positions are possible from the 4110 – 4150 level. This would be an ideal place to sell this week, limit your losses.
If you want to go long:
Long positions are possible from the 3860 level, this would be an ideal buy, limit your losses.
If you are out of the market:
If you are out of the market. Then you need the perfect price to trade. Long positions are possible from 3860, limit your losses. If you want to open a short position, then it is better to do it from the level of 4110, 4250. Limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
See you next time!
Bye!
SPY Will Go Up! Buy!
Hello,Traders!
SPY bullish reaction
To the CPI news continues
And we saw that the price
Broke a local key level las week
Now SPY will likely retest the
Horizontal support briefly
And then go further up
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
SPX 500 index: When will the current correction end?Analysis of the spx 500 index 11/15/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at the level of 3946. As expected earlier, the market started to correct. And yesterday we saw the price reach the 3920-3900 level which I mentioned earlier. Now the market is in the zone of consolidation, and will leave it when there are new volumes of money on the market.
Today, the market is in a sideways movement, however, I expect an attempt to increase the index to the level of 3975-3990, but if experienced players enter the market, then we will see a sharp movement of the index to the level of 3860. However, if this attempt is broken, then the target for the index will be 4150.
What today:
Here are my trading recommendations for today.
Today I expect the index to stabilize and try to rise to the level of 3990 and then the index will try to move to the level of 3860. But if this attempt is broken, then we will see a sharp increase in the index to the level of 4110-4150.
What I recommend
If you want to go short:
Short positions are possible from the 4110 - 4150 level. This would be an ideal place to sell this week, limit your losses.
If you want to go long:
Long positions are possible from the 3860 level, this would be an ideal buy, limit your losses.
If you are out of the market:
If you are out of the market. Then you need the perfect price to trade. Long positions are possible from 3860, limit your losses. If you want to open a short position, then it is better to do it from the level of 4110, 4250. Limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
See you next time!
Bye!
Last attempt to take 4050 or wait for a rollback?Analysis of the spx 500 index 11/15/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at the level of 3957. Yesterday we saw an attempt to increase the index to the level of 4050. This attempt was unsuccessful, the index only renewed its highs. As I said, the level of 3970-4050 will stabilize in the movement of the index. Today, I expect the market to make one last attempt to rise to the 4050 level, but if this attempt is broken, then we will see the index pull back to the previously expected level of 3920 - 3860. Today, the market remains likely to move towards the 4050 level, although the market strength is weakening.
What I'm looking forward to today:
Today, I expect the index to try to rise to the level of 4050, and then the index pulls back to the level of 3920 - 3860. But if the attempt to increase the index is broken, then we will see a sharp movement to the level of 3920 and below.
Here are my trading recommendations for today.
What I recommend
If you want to go short:
Short positions are possible from the 4050 level. This would be an ideal place to go short today, limit your losses.
If you want to go long:
Long positions are possible from the 3900-3860 level, this would be an ideal buy spot today, limit your losses.
If you are out of the market:
If you are in a non-market, then you need to have the ideal price to trade. Long positions are possible from 3860 - 3920, limit your losses. If you want to open a short position, then it is better to do it from the level of 4060, 4250. Limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index.
Press Boost if you agree with the current market situation.
Thank you!
See you next time!
Bye!
Stocks Face Resistance at HighsStocks are still contending with relative highs. The S&P 500 has been wavering between highs at 4009 and 3963 or so. The strong buying spike from CPI last Thursday has leveled off in a sickle pattern. From here, we will see if stocks continue to range or if they retrace. The Kovach OBV is still bullish, but does appear to be losing steam. We could be forming a bull consolidation in pattern in preparation for another breakout. If so, 4068 is the next target. If we retrace, we should see support from 3963 or 3937.
S&P 500 Testing 4000?Stocks have benefited immensely from the CPI print on Thursday which showed that inflation is cooling slightly and therefore may signal a dovish pivot soon in Fed rhetoric. Stock indexes have all rallied accordingly. The S&P 500 is currently at the door of the 4000's. We are testing one level below 4009 at 3978. A red triangle on the KRI does seem to suggest that we will be facing resistance here, but we have not seen a significant retracement. If we do, we should find support at 3937 with 3909 a likely floor. If momentum can continue, then 4009 is the next target.
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast by BREAKING the TREND LINE. Due to this US10Y went down. The main reasons for that were the REPUBLICANS winning, and US CPI DATA being NEGATIVE.
We have some very important NEWS coming to USD this week. Be sure to keep an eye on it.
Anyway, with LABOR DATA DOWN, GOLD is going up slightly due to US10Y DOWN. Anyway, we expect that GOLD will go up to 1818 LEVEL. After that, it may go down to 1700 LEVEL with the FOMC UPDATE. Be careful..
S&P 500 index: Goes to the level of 3600, sell on rollbacks.Analysis of the spx 500 index 11/10/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What’s on the market now:
Today the index is trading at 3748. As we saw yesterday, the market fell to the level of 3750, which I wrote about earlier. Today, at the open, I expect the index to roll back to the level of 3820 – 3800. However, if there are large volumes on the market, the index may fall sharply to the level of 3660-3630.
What I'm looking forward to today:
Today, I expect an attempt to roll back the index to the 3800 zone, however, if this attempt is broken, then the market will fall to the level of 3660-3630. But here it is important to remember that, as I said earlier, globally, the market goes to the level of 3440.
Here are my trading recommendations for today.
What I recommend
If you want to go short:
Short positions are possible on a rollback from the level of 3800-3820.
If you want to go long:
Long positions are prohibited.
If you are out of the market:
Today long positions are prohibited. If you want to open a short position, then it is better to do it on a rollback from the level of 3800-3820, limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
See you next time!
Bye!
There the SPY goes… next leg downAs heads up yesterday, the TLT and VIX were telling… and the SPY buckled slightly (-2%) for the day.
Over the next two days, breaking down below 370 (red support line) and in doing so trigger a TD Flip to start a new TD Sequential should see the SPY find its way close to 350 (or lower).
MACD is supporting this and the VolDiv had already been warning a long time ago…
Stocks Showing Signs of WeaknessStocks have edged higher, but appear to be leveling off. Election uncertainty will be lifted as results of the 2022 midterms keeps pouring in. The markets are not as concerned in election results as most think, but we may see a small rally now that they're over. The Kovach OBV has flatlined, which could suggest that stocks will hold their course. We have seen a very weak rally with the S&P 500 inching gains for the past week. The price action appears to be rounding off, which could suggest a selloff soon. Additionally, more warnings of a global recession keep pouring in, so it is difficult to imagine this wave of euphoria can sustain. If we fall, we should have support at 3758 or 3714. If we rally, we must break 3909 before considering higher prices.
Analysis of the S&P 500 index: The big game begins…Analysis of the spx 500 index 11/09/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at the level of 3828. Yesterday the market continued moving towards the level of 3820-3845, which I wrote about earlier. However, at the moment, I see all the signals for a market reversal and its movement to the level of 3440. Like yesterday, today a lot will be decided by the election result, but at the moment there were already sales in Europe and Asia. The market reacts negatively to the elections, as I expected. Large and medium-sized hedge funds are shrinking their portfolios, increasing volatility. However, such actions may provoke a sell-off in order to diversify risks for clients. What is likely to cause a sharp movement to the level of 3440 and below.
What I'm looking forward to today:
Today I expect the index to move to 3750, however, if the fall accelerates, then all long positions should be closed. There is also a possibility of a sharp movement of the market to the level of 3660.
Here are my trading recommendations for today.
What I recommend
If you want to go short:
Short positions are possible from the level of 3830-3850. But you can also try to open a position in the market, limit your losses.
If you want to go long:
Long positions are prohibited, the market is likely to fall sharply to the level of 3440.
If you are out of the market:
Today, as yesterday, long positions are prohibited, limit your losses. If you want to open a short position, then it is better to do it from the level of 3830-3875, limit your losses.
But if you see anomalous behavior in the market, like a sharp rise, then it is better to stand aside, although the potential for growth to the level of 3970-4050 remains, but at the moment such an event is unlikely.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index. Press your thumbs up. This will give me more motivation.
See you next time!
Bye!
S&P 500: At the edge… Prepare for sudden movements.Analysis of the spx 500 index 11/08/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at the level of 3806. Yesterday, as I expected, the index kept its movement to the zone 3820-3045, I wrote about this earlier. However, at the moment, a situation has formed on the market in which the market may fall sharply to the level of 3440. Today, a lot will depend on the results of the US elections, but at the moment there is a lot of free money on the market that can be thrown into the market, and this could happen today. Which is likely to cause the market to ideally crash to 3440 and below.
What I'm looking forward to today:
Today at the opening, I expect the index to try to rise to the level of 3820-3845. However, if there are large volumes on the market, then there is a possibility of a sharp movement of the market to the level 3440, so long positions are prohibited.
Here are my trading recommendations for today.
What I recommend
If you want to go short:
Short positions are possible from the 3820-3845 level, try to sell on the market reversal but limit your losses.
If you want to go long:
Long positions are prohibited, limit your losses.
If you are out of the market:
Long positions are prohibited, limit your losses. If you want to open a short position, then it is better to do it from the level of 3810-3845, limit your losses. But if you see anomalous behavior in the market, like a sharp rise, then it is better to stand aside, although the potential for growth to the level of 3970-4050 remains, but at the moment such an event is unlikely.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index . Press your thumbs up. This will give me more motivation.
See you next time!
Bye!
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my and you will always be aware of the movement of the S&P 500 index. Press your thumbs up. This will give me more motivation.
See you nLong positions are possible from the level of 3750, but it is risky. If you want to open a short position, then it is better to do it from the level of 3970, limit your losses.
ext time!
Bye!
Stocks Edge Up, but Face ResistanceStocks are incrementally ticking up, with the S&P 500 gradually testing higher levels. We are currently testing 3825 or so. Multiple red triangles on the KRI suggest that we are heading into resistance. The Kovach OBV is gradually trending up still, but we will need to see more momentum come through if we want to test relative highs at 3925 or so. If we retrace, we expect 3714 to hold as a floor price.
SPX500 Bulls in the gameLooks like S&P500 bulls, but expect that it will only go so far.
Unemployment rate has gone up 2%.
NFP higher than expected but lower than previous.
But, inflation still on the rise. Fed is poised to hold their stand, continue hiking interest rates albeit at a slower pace.
Interest rates hikes are possibly priced in by now - with the Fed having made a clear stance for interest rate to be within the range of 4-5%.
We have just hit the lower end of the range at 4%, and will probably be little to low impact from now for anything under 5%.
Expect chaos if interest rates go above 5%. If otherwise, market will probably continue the bulls until a new catalyst hits.
Will we see a correction to key price levels before resuming the higher timeframe trend?