SXP500 Index: Down one step.Today we are here to talk about the SXP500 index.
Today:
The index is trading at 4459. In the last trading session, we saw the price rise to the level of 44 85, which I mentioned earlier here is a link to the idea.
What's on the market now:
The market is in lateral movement. Yesterday it formed a local peak at the price of 44 85.
What are we waiting for today:
Today we are waiting for the market to stabilize and move to the level of 44 15. However, there is still a possibility of the price moving to the level of 45 35.
What I recommend:
If you want to open short:
It's too late to open short positions. This should have been done yesterday at 44 85 and above.
If you want to buy:
Long positions are possible below 44 15. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, please do not hesitate to contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
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I post SPX 500 analytics every day, so check back tomorrow!
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Snp500
S&P500 Breakout Long! Buy!
Hello,Traders!
S&P500 broke out of the bullish flag pattern
Which makes me locally bullish biased
And I think that after the pullback
And retest of the broken level
We will see a move up
Towards the target above
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Stocks Catch a LiftStocks have seen the nice relief rally we have been calling out for in these reports. We are still not convinced the bear rout is over yet, but have broken through several levels on the upside and are currently testing a fairly significant level at 4487. We will have further resistance in the low 4500's if we are able to break through. If not, we could test lows again at 4364.
SXP500 Index: ready to U-turn Today we are here to talk about the SXP500 index.
Today: The index is trading at 4462. In the last trading session, we saw a sharp rise in prices to the level of 4485, which I mentioned earlier here is a link to the idea.
What's on the market now:
The market continues to develop lateral movement. Perhaps there is a good place to enter the market.
What are we waiting for today:
Today we are waiting for the market to try to rise above 44 85. And then the subsequent stabilization of the price to the level of 44 15.
What I recommend:
If you want to open short:
I recommend going short above 44 85, limit your risks
If you want to buy:
Long positions are possible below 44 15. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, please do not hesitate to contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time!
Bye!
Stocks Continue Their DeclineThe S&P 500 has continued its slow and agonizing decline. We have found support at 4365, but failed to see any sort of pivot that would indicate a reversal. The Kovach OBV is gradually trending downwards. We do appear to have support at current levels, but if we break down further, we should expect support at 4327. Stocks are due for some ranging or a rally, as a corrective phase to the bear trend at worst. If we rally, 4462 and 4521 are good targets and will provide resistance.
Stocks Continue to SlideStocks keep edging down, consistently making lower lows. We did have a small rally off support from 4389, which immediately sold off to break down further. We are currently finding support at 4364, but the price action is looking very weak. The Kovach OBV has slumped, suggesting that the rout will continue. If we do see bull momentum come through, 4462 and 4521 are still profit targets, but 4389 will provide resistance. If we break down further, watch for support at 4327.
ES1! SPX500USD 2022 APR 18 Week
ES1! SPX500USD 2022 APR 18 Week
Last week, scenario2 4525 short was good.
Preference will be to short on retracement.
Watch reaction to 4368.
If supported = Scenario3 possibility
If broke and become resistance = continuation of Scenario2
Play scenario:
1) Test & Rejection of T+R area for short
2) Rejection of 4525 for short
3) Rotation play between 4631-4525
Weekly: Low volume down bar closing at low = weakenss
Daily: Average volume down bar closing at low = weakness
H4: High vol down bar closing at low = weakness
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4874 4800 4740
4631 4584 4525
4433 4368 4213
4135 4037
Remember to like and follow if you find this useful.
Have a profitable trading week.
Stocks Cling to LowsStocks are clinging to 4389, a current relative low corresponding to relative highs from early in March. We made a brief attempt at higher levels, testing 4463, but this appears to be the upper bound for now, unless stocks can muster the strength to break out. The Kovach OBV is looking pretty weak so this is unlikely unless momentum picks up. If so, 4462 and 4521 remain our targets. If we break down from current levels we should see support at 4327.
UPTREND and DOWNTREND! Why TRADERS should pay attention to this?Bitcoin and S&P500! Why do we choose them for analysis? They are TOP indicators of their markets: the cryptocurrency and stock markets.
We are not going to talk about a local trend, only a long-term trend. The long-term trend is what we should pay attention to. It helps to choose the crypto/stocks to trade, the side in which to open the trade, it's about statistics - the basis of trading.
A TREND is the direction of price movement. There are three of them: uptrend, downtrend, and consolidation.
1. Uptrend is when price rises makes higher highs and lows. In short, price rises higher and higher.
2. Downtrend , as you have already figured out, is when price makes lower highs and lows. Wherever you buy, the price will continue to fall, because the long term trend is downward.
3. Price consolidation is when the price does not make a clear trend, being in the price range.
We can see from the charts that Bitcoin has been making higher highs(HH) and higher lows (HL) for 10 years and this is an UPTREND trend. So the S&P500 (includes the 500 largest U.S. companies). Over 80 years of an UPTREND. From 1942 to 2022 it growth from $9 to $4,400.
Even if you bought Bitcoin or S&P500 at the highs (ATH), in 1-2 years they are back to their previous prices. Do you remember how Bitcoin hit $20k in 2017 and most newbies bought it? Well, at the end of 2020, it's back to that price.
Not only traders, but investors pay attention to the trend and growth of the asset. In the cryptocurrency market growing coins
are Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and in the stock market it is most modern giants, especially technical ones: Apple (AAPL), Alphabet (GOOG), Microsoft (MSFT), Tesla (TSLA), Berkshire Hathaway (BRK-a), etc.
When you are choosing a crypto or stock to trade, pay attention to the trend of the asset itself and the market as a whole. It's a small tip, but be sure it will give you +20-30% to your trading profitability.
"If a stock or crypto rises over the long term, it is very likely to continue to rise. If a stock or crypto falls over the long term, it is very likely it will continue to fall."
If it was interesting and you still have questions write in the comments!
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Always do your analysis before making a trade
SXP500 Index: Is there a green wind in the market?Today we are here to talk about the SXP500 index.
Today: The index is trading at 44 25. In the last trading session, we saw price stabilization and a small return movement. Link to idea below.
What's on the market now:
The market is moving sideways and this is a good place to enter the market. Globally, the market may drop to the level of 44 30 - 42 50
What are we waiting for today:
Today we are waiting for a small correction to the level of 44 00, if the market reverses here, then the side correction to 44 85 will continue.
What I recommend:
If you want to open short:
I recommend open short from 44 85 - limit your risks
If you want to buy:
Speculative long positions are possible from the 4405 level. Limit your losses on the last low, but better open long below 4330.
Please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below. Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time,
Bye!
Can Stocks Breakout??Stocks continue to look weak, but appear to be finding support at 4389. However, we could be nearing the end of this corrective phase, and might be on the precipice of a breakout. Selling momentum has eased and we are seeing some volatility at current levels which could indicate a rebound. If not, expect support at 4327. If buying momentum comes through, 4462 and 4521 remain our targets on the upside.
Can Stocks Break the Bear Momentum??Stocks have retraced to support at 4389. Although the bleeding does appear to be easing for now, we do seem to be forming a bear flag pattern and could be looking to dump lower. If so, 4327 is a reasonable target for support. If we are able to catch some momentum, 4462 and 4521 remain our targets on the upside.
SXP500 Index: Correction will end in 2-3 days?Today we are here to talk about the SXP500 index.
Today: The index is trading at 44 12. We saw a sharp down move in the last trading session. The link is in the description, there I mess this up by posting the idea on Sunday and it didn't take into account the trade of Asia and Europe, so it's not accurate.
What's on the market now:
The market has come out of the phase of uncertainty. And it entered the stage of deep correction. Currently, the market is developing a correction, the end of which will be at the level of 43 50 - 42 85
What are we waiting for today:
Today we are waiting for price stabilization and then the market movement towards 4330.
What I recommend:
If you want to open short:
Opening short positions is possible on a rollback
If you want to buy:
It is better to refuse from purchases, a sharp price movement to the zone 43 30 is possible
Please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below. don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time,
Bye!
How Low Will Stocks Go??Stocks have retraced back to 4389, which is a technical level and relative high back in March. The Kovach OBV has retraced significantly, and we have blasted through several levels to the down side. Current levels are good candidates for a pivot, and if so, 4462 and 4521 are the next targets. If we keep collapsing then we should see some support at 4327.
Is GOLD following THIS patten? Detailed overview!The accumulation of GOLD continues for more than 600 days. Right now we are in the handle stage of the Cup and Handle pattern . On the breakout of the wedge we can open long positions and the entry point should be looked for on the lower timeframes!
According to this pattern, the price should rise by 24% to the $2,500-2,600 zone. But after such a long accumulation, the price can reach even $3,000!
Gold is a protective asset and it is bought before or during global instability. Does this mean that the markets will collapse soon? Of course not, but we should pay attention to such patterns. Especially on the patterns of the higher timeframes (1W, 1M)!
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Can Stocks Hold Support?? 😳😦Stocks have retraced to support at 4462, a strong technical level which seems to be holding. We are hanging on by a thread and if we break down further, then 4440 is the next target after crossing the vacuum zone below. The Kovach OBV has slumped, suggesting momentum is nil and needs to pick up in order for us to see a breakout. If we are somehow able to break out, then 4580 is the next target which must be broken before we are able to hit higher levels.
Are Bears Playing With The Bulls Balls ??Weekly Time-frame
Seems like we are respecting the Breakout Area or the demand zone we will see if we are able to hold this position we can expect more to the upside if this holds. We are currently in the High Volume Node in the VPVR which is a good Support.
1D Time-frame
We are currently in the demand zone. which most probably will hold We are creating a Bullish Harami. Expect more to the upside for the day.
4H Time-frame
Resistance is waiting at $42,911, $43,287, $43,926. We are making a double bottom and also the awesome oscillator is twin peaks bullish. RSI is also bullish, VPVR is Low Volume Node, Higher Volume Node in VPVR is waiting at $43,287.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Bears Controlling Dumping To 40K!!Weekly Time-frame
We are currently sitting in the breakout area of the double bottom. If we don't hold this area we can expect more to the downside. If we hold this area we can expect a massive pump again but this has little to no probability at all. Bearish has more bearing to happen than the bullish scenario as we can see the SPX Russel 2000 stocks are dropping. Bitcoin is just following the bigger market.
1D Time-frame
We have a bearish Engulfing in daily time-frame which we can expect more to the downside. To be bullish we need to go above $44,270 to $44,723 and make it as base then we can expect a rally base rally. For now where the pump started is now going back from it $40,972. Today is weekend so do not expect much volume. I suggest to trade alt coins during weekend.
4H Time-frame
We are having a drop base drop at the moment. Expect a retest to $43,118 before it drops again but if the trend is strong We might bounce only up to $42,769. AO is bearish still. RSI is also bearish.
1H Time-frame
How to trade
Entry $42,769, $43,249, $43,746
SL 1-5% from whole portfolio $47,186
Leverage 10x-11x
Use 1% from whole portfolio.
TP 1 $42,527
TP 2 $42,089
TP 3 $41,106
TP 4 $40,881
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Trade Scholar, the best cryptocurrency educational community online!
Find the content above difficult to understand?
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Want to learn how to do your Own Price Prediction?
We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together!
Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Can Stocks Recover??Stocks have retraced exactly to our level at 4462. Recall that this was the exact level we predicted yesterday. Stocks edged lower as they digested hawkish Fed minutes , and an increasingly Orwellian Covid lockdown situation in China . It does appear that we may be in the final stages of a corrective impulse and might be gearing up for another breakout. Stock futures should price in this news and break out at some point. The Kovach OBV has dropped but may appear to be bottoming out. Anticipate support from 4462 and 4440. The latter is a significant level, and if broken, we will likely test lower levels in the 4400's. If we are able to break out, then 4580 and 4632 are the next targets.
Bears Are Not Yet Done !!Weekly Time-frame
Still in a bearish picture. stock market are dropping so we can expect a bearish month if this continues.
1D Time-frame
It seems like in 1D TF we have a doji candle which is neutral candle close to bullish harami. Rejection area still waiting at the supply zone $43,800.
Demand zone waiting at $42,600
4H Time-frame
Double bottom forming and that would be a bullish sign until we hold the area of EMA 233. Once SXP drop then this too will break to the downside.
We have a drop base drop.
1H Time-frame
how to trade
BTC SHORT
entry $43856-$43747
SL 1-5% whole portfolio $48326
leverage 8x - 35x
2% portfolio only
TP 1 $43140
TP 2 $42692
TP 3 $42240
TP 4 $40400
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Trade Scholar, the best cryptocurrency educational community online!
Find the content above difficult to understand?
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We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together!
Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Stocks Slammed!!Stocks got slammed yesterday, as we anticipated, retracing from relative highs at 4632, back to 4462. This is a relative low, which has provided good support at the end of March. The Kovach OBV has dipped notably. We should have strong support at 4440, if 4462 breaks, but after that 4327 is the next major level of support. If we are able to pivot off current levels, we must first break 4580, then 4632 again before considering higher levels.
SXP500 Index: The day when hope die!Today we are here to talk about the SXP500 index.
Today: The SPX500 index is trading at 45 70. In the current trading session, we have seen a slight increase in price towards our target zone, which was discussed yesterday, the link to the idea is below.
What's on the market now:
Now the market is moving into a profit-taking phase, and you should also think about it. But in the last trading session, the market opened new horizons for us at 4750.
However, globally, the market also has a correction trend at 3750. Let's deal with this.
What are we waiting for today:
Looking forward to a further move to 4600 and then a pull back to 4450 and if that happens it would be a great place to go long.
What I recommend:
If you want to open short:
You can open short positions from 4585, limiting the risks.
If you want to buy:
Longs are possible from the level 4450, limiting the risks.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post reviews about SPX500 every day, so check back tomorrow!
See you next time!
Bye!