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Spx500index

S&P 500 | Broadening Wedge Tops & BottomsPlease support this idea with LIKE if you find it useful. Price formed a Broadening Wedge Tops & Bottoms on Weekly. If there is a confirmed breakout of the Horizontal Resistance price is likely to continue forming the pattern and go to the Higher Boundary of the one. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
OANDA:SPX500USDLong
by Anpu
12
S&P 500 | Bearish a LotPlease support this idea with LIKE if you find it useful. On weekly chart we have price was rejected by 200 MA, also by Ichi Cloud resistance zone. On daily we got a rejection of the higher boundary of the descending channel and death cross was produced. We should expect another leg down on next market open. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
OANDA:SPX500USDShort
by Anpu
16
S&P 500 | 200 Weekly MA Caught the PricePlease support this idea with LIKE if you find it useful. Price closed above 200 Weekly MA and can retrace to the Upward when market opens. However the enviroment on the market is not stable yet, and we should wait for confirmation before to initiate long position Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
OANDA:SPX500USDLong
by Anpu
6
SPX500 - the beginning of a recession?😲Good afternoon! It was a fun week for traders! The stock market is flying down. Is coronavirus so quickly led to such consequences, or is it just a reason to make money? The graph shows the price movement options. We have already observed a correction of more than 21% in 2018. and everyone was expecting a recession. However, the price pushed off support and continued to grow. What will happen this time ??? There are several options. Which one will work time will tell. Thanks to all my subscribers and readers for your attention! 🙏 Success and profit! Do not leave, without like, and if you liked my analytics sign up, and you definitely will not miss anything! Disclaimer: I do not give entry and exit points. I share with you my opinion and ideas, which may differ from yours.
FX:SPX500
by CryptoYanina