Sp1
S&P500 Index (SPY) Consolidation Trade
spy is trading within a wide horizontal trading range on 4H.
the price has recently reached its horizontal support and formed a double bottom formation.
breakout of its minor resistance confirms a local strong bullish sentiment.
for that reason, the index may keep growing.
goals:
3390
3415
S&P500, price rejected from demand zone,Buy on pullback...Please Support this Idea with LIKE if it is Useful....
S&P500
The price rejected strong from the demad zone and is above support/resistance level ,after a pullback If price starts to grow from the Fib levels then I expect the price to continue to grow.
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
S&P500, broke trendline and above S/R level,buy on confirmation Please Support this Idea with LIKE if it is Useful....
S&P500
The price broke above trendline and is above support/resistance level ,after a pullback If price continue to hold above the Support/resistance level then there is a chance that price might continue to grow.
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
SP-500We see an upward channel.
We had reached the maximum point as I showed it in the previous post and then we saw an 8% falling.
Now we are near the support line of this channel - a falling wedge pattern has formed and I expect the continuation of an upward movement to new highs.
Best regards EXCAVO
S&P500 analysis, broke trendline & above s/r level,buy setup...Please Support this Idea with LIKE if it is Useful....
S&P500
The price broke above trendline and is above support/resistance level ,after a pullback If price continue to hold above the Support/resistance level then there is a chance that price might continue to grow.
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
Is SP500 ready to a corrective wave?Hello, traders.
SP500 is testing a major support zone after a 1 2 3 4 5 impulsive wave, and now the price is correcting on what can be the begging of a bigger A B C correction.
But is earlier to say because we must see the support of the pre-COVID all-time high playing.
Best regards.
S&P500 Index (SPY) Buying the Dips
nice correctional movement on spy yesterday.
the price perfectly dropped to a support line of a major rising channel.
this support matches perfectly with a 618 retracement of the last bullish impulse
+ bullish engulfing candle formed, confirming the strength of structure.
I believe that now it can start recovering.
goals:
3507
3560
Will S&P500 follow NASDAQ?? Is the magical 4,000 mark possible??Please Support this Idea with LIKE if it is Useful....
S&P500
NASDAQ after recovering from the crash is more than 20% up from the All Time HIgh(ATH) before the crash,and is making new highs everyday.S&P500 has been following the same direction,recently it broke the ATH before the crash, If S&P500 follow the same direction as NASDAQ, The magical 4,000 mark is very possible..
What are your thoughts, will it reach the magical mark 4,000 mark or not??
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
S&P500, price broke above key level(ATH), Buy on pullback..Please Support this Idea with LIKE if it is Useful....
S&P500
The price is above key support/resistance level ,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price gives bullish signal and look for buy opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
S&P500 Index (SPY) More Growth!!!
it looks like spy is going to set a new higher higher higher close soon.
the price has recently broken above the resistance line of the ascending triangle formation.
the breakout is considered to be confirmed now.
next goal for buyers is 3413 level.
it is based on a long wick of 6th August candle.
because the market is trading on daily highs, I would suggest risking no more than 0.5% of your deposit.
good luck!
S&P-500In the next few weeks, we will see an update of new Highs
I'm waiting for the 3500-3600 area without a big correction. After reaching the goal, I think you will go test the current high 3400 and then we will observe the situation. But from my own experience I will say that before the fall, the price movement usually accelerates
Best regards EXCAVO
Dow Jones Industrial Average (US30) Money Printing Scenario
US indexes keep growing.
probably they haven't heard about the massive unemployment rate and corona aftermath all over the world.
nothing can stop the global economy.
who dares massive gbp loss this year,
who dares the spike in bad debts.
if you noticed a salary decrease during the last few months, probably you just don't know how to count.
it looks like things are better than ever so we keep being bullish biased.
27550 resistance will be reached soon.
in case of a bullish violation of that the market will keep growing.
the next stops will be:
28290
2925
S&P500 Index (SPY) Accumulation & Bullish Continuation
hey guys,
it looks like spy is preparing for a bullish continuation.
with a sequence of higher lows on a daily and weakening bearish retracements,
the price is one more time testing 3230 horizontal resistance.
being broken to the upside (daily candle close above) it will trigger a buying reaction and the market will start growing further.
next goals will be based on this winter's highs:
3325
3385