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Snp500usd

SPX500USD 2021 July 12 WeekOANDA:SPX500USD SPX500USD 2021 July 12 Week Bar 1 confirmed as SOW and move was manifested on 06 Jul. Theme last week was similar to Nasdaq - trapping longs and shake out Weekly chart: Net gain from previous bar has diminished, volume has picked up slightly.. Daily chart: No significant weakness observed H4 chart: Shortening of trust, weakness manifesting Strategy: Long on retracement is preferred. 1) If price returns to test bar 2, long when price is supported 2) Last bar shortening of thrust. If price hovers around that zone, we may have short opportunity 3) If you see a sudden spike in price and bar closes on its low, forming an upthrust, don't chase Like and follow if you find this useful :) Have a successful week ahead in whatever you do
OANDA:SPX500USD
by paradox677
SPX500USD 2021 JULY 05 WEEK OANDA:SPX500USD SPX500USD 2021 JULY 05 WEEK New high achieved. Last bar closing on the low. We will wait for Monday to see if this is mark down for buying or SOW. Weekly chart : Weakness - shortening of thrust, diminishing volume as price advances Daily chart : No significant weakness observed. H4 chart: Last bar is an Upthrust. Wait for Monday to show us if this is mark down for buying or if this is weakness. Strategy: 1) If Upthrust for further buying: price goes below UT bar, wait for reversal price action or intermediate support to buy 2) If Upthrust is sign of weakness: Wait for price to come down, return to test the high and price rejection to short. Like and follow if you find this useful : ) Have a successful week ahead in whatever you do.
OANDA:SPX500USD
by paradox677
SPX500USD 2021 June 21 (Intraday) OANDA:SPX500USD SPX500USD 2021 June 21 (Intraday) The past reveals the future. Last week, we opined on possibility of history repeating as price reaches a previous high. Congrats to those who had not been sucked in as market was marked up and waited for a short. Price has paused at 50% 4151 of the previous up move. Scenarios: 1) If price is supported at the 50%, it may test ultra high volume bars 2 or even 1. 2) Price breaks through 50% and target 4078 3) Short opportunity should present itself if price returns to test the high volume bars 2, or even bar 1 4) Price resisted at a previous support turned resistance. Like and follow if you find this useful. Have a good trading week ahead.
OANDA:SPX500USD
by paradox677
SPX500USD 2021 June 14 (Intraday) TVC:SPX SPX500USD 2021 June 14 (Intraday) Weekly, Daily, H4 = Bullish Price has approached a previous high, will history repeat? Not much market participation at higher prices, however will wait for sign of weakness to appear before taking short position. Scenario 1) Short if price is rejected since it as at a resistance zone. 2) A convincing break takes volume, else keep stops tight if long 3) if range is narrow and volume is low, stay out of market. Have a good trading week ahead!
OANDA:SPX500USD
by paradox677
SPX500USD 2021 May 31 Week (Intraday) OANDA:SPX500USD SPX500USD 2021 May 31 Week (Intraday) Weekly, Daily, H4 = Bullish Last week 4148 immediate support held and then price found acceptance at 4178-4190 (last week's scenario 2). Long was good. Scenario: 1) Market to test 4183-4190. Long if supported 2) Daily chart we see an uthrust bar has formed, this is weakness, so don't be surprised if support is broken, target could be 4148. Like and Follow if you find this useful : ) Have a good trading week ahead!
OANDA:SPX500USD
by paradox677
SPX500USD 2021 May 23 Week (Intraday) SPX500USD 2021 May 23 Week (Intraday) Weekly, Daily, H4 = Bullish Last week a re-test of high H presented a good short into previous demand bar 1. Market then again found its way to test H again. Scenario: 1) Immediate support 4148 if broken, targets may be 4133, 4108, 4084 2) If there's price acceptance at 4178-4190 region accompanied by healthy volumes on up bar, we may have a resistance turned support long opportunity. Like and Follow if you find this useful : ) Have a good trading week ahead!
OANDA:SPX500USD
by paradox677