Spx500index
SPX500USD ( TRADE BELOW RESISTANCE TRENDLINE ) ( 4H )SPX500USD
HELLO TRADERS
Tendency the price trade below resistance trendline , indicates the price is under bearish pressure
TURNING LEVEL : there is a blue line around 5,596 , indicates if the price trade below this level reach a support level , but if the breaking turning level reach a resistance level
NEW RESISTANCE LEVEL: there is a green line around 5,625 , it indicates the progress of the index
SUPPORT LEVEL : there is a red line around 5,544 , indicates buying have already increase this level , and in this level create a demand zone
PRICE MOVEMNET : the price stabilizing below turning level around 5,596 , in my opinion until the price trade below turning level , reach a support level at 5,544 , then breaking this level reach a next target at 5,503 , if the price breaking turning level create a new resistance level at 5,625 and 5,661
TARGET LEVEL :
RESISTANCE LEVEL : 5,625 and 5,661
SUPPORT LEVEL : 5,544 , 5,503
SPX500USD ( UNDER BEARISH PRESSURE ) ( 1H )SPX500USD
HELLO TRADERS
Tendency the price stabilizing below turning level at 5,488 , indicates under bearish pressure
PRICE MOVEMENT :
the price stabilizing below turning level at 5,488 , indicates to reach a support level, have two condition to reach this level , first condition corrective 5,488 before dropping to 5,438 , the second condition in a direct manner reach around 5,378 ,
if the breaking turning level at 5,488 , the price of the spx500usd reach a new historical peak , but reaches the resistance level early around 5,524 , after create new resistance level at 5,561
TARGET LEVEL :
TURNING LEVEL : 5,488
RESISTANCE LEVEL : 5,524 , 5,561
SUPPORT LEVEL : 5,438 , 5,378
US500 Guys, using the maximum filter for 3 days - signals were sent that everyone had arrived)
+ news seen today that everyone is long on shares)
will probably be damped soon
There has never been a total overheating of such signals.
SP:SPX TVC:SPX CBOE:SPX SPREADEX:SPX OANDA:SPX500USD AMEX:SPXL
There is also a strong downward signal this week