Spx500long
Furthering my bullish argumentBroadening Wedges on SPX
interesting comparison to 1974 stock market crash
A broadening wedge formed during that period of time and led to a large bull run
A broadening wedge is forming again
Depends on how long you want to go, I wouldn't be waiting for lower prices though as ANOTHER broadening wedge has formed above the current one. Just go long and wait. Patience pays.
Adding SPY here, every previous dip, we had a reverseAdding SPY here, every previous dip, we had a reverse. last dip buy rewarded me handsomely
Can The SPX Crash ??? VERY IMPORTANT VIDEO MartyBoots here . I have been trading the markets for 13 years and sharing my views on the market
Need to be prepared for any situation here is the key to success and potentially life changing profits
🤔 Crunchtime! (SPX)💰 LET'S GET INTO SOME SPX 500 ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🤷 Neutral
- 3day Chart
- Candle Doji Compression
- 2/3 EMA DOTS Red
Is corona wave 2 on it's way? I hope so lol. This week will tell us some critical signs to take with us in the market next week. Stay alert as we could be experiencing early signs of trend change.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
SPX Final Shot looking for one more upleg before going down again.
look for sells at 3350-3400 .
not likely but ; if SPX hits above 3400 then uptrend may expand further.
good luck.
S&P 500 expected to reach $3280 againLooks like S&P 500 will be once more reaching for the minimum of at least $3280 zone before continuing with it's decline.
🤔 Is It Time For Another Major Market Correction? (SPX)🚨 Let's take a look at the emini futures contract on a 6 hour chart. Is this the start of another major correction or will the fed save us all!?!?!?
We currently sit under 3 major levels of Resistance from the previous major market correction to the upside.
Horizontal top and the 2 upward red previous major support levels, which are now acting as Resistance.
The 6 hour is compressing with a flat doji on the Crossover strategy.
The ema dots are beginning to shift red.
Lower timeframes showing lower lows.
If you are long than you need to be very careful here.
Would not be surprised to see a selloff happen.
Have an awesome trading week! 😁
🥇MLT | MAJOR LEAGUE TRADER
🤔 Searching For Buyers. (SPX)😁 Similar to oil as the upward major support has been broken. The 3day is starting to curve.
Daily Timeframe
Crossover Strategy: Red Crossover
The EMA Dots: 3/3 Red
Support Level: 2941
Resistance Level: 3213
A break below support I think we would see a major correction.
Have an awesome day! ✌
🥇MLT | MAJOR LEAGUE TRADER
SPY, may be a great dip buyI'm going long with some SPY stock. I feel we reached a dip bottom here. Per pattern we should swing up heavy soon
SPX Bullish and Steady - Re-entering Pre-Covid 19 ChannelTaking a look at the lower trend line dating back to 2016, you'll see obvious esistance levels, and the two out of balance areas. One being Covuid-19. We were quick to recover and re-enter that Channel. Yesterday, bottom of that trend line was hit around 3,000 and is slowly recovering from that bounce. Set you're fibs and find a good entry. Don't let the bears get you down. Go long for the long run.
The Squeezing Point! (SPX)🤔 Might be about that time!
Spx500 ascending wedge coming to a Squeezing point.
Line up the Crossover strategy and the ema dots, take entry and play the breakout.
Easy calls.
Good luck! 🎲🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
S&P ($SPX500USD) 🏢 | Are We Still Bullish on the Market?📊 Bulls have been on a COVID recovery rampage despite some unrest in the streets. While we are seeing a pullback on some previously bullish S&P holdings (for example Apple and Microsoft) today, the market is still somewhat mixed as money flows into banks, airlines, etc. Overall there is no indication that the top is in, but there is some indication that a correction could be in order. Given that, let's map out some key levels and see if we can't create a plan for if and when we do see a pullback.
Resources: www.cnbc.com + www.marketwatch.com
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1. Fractal Trend is showing a strong uptrend (Navy colored bars) on the 1-hour timeframe.
2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Navy colored lines) and/or bullish S/R levels plotted by Directional Bias (Navy colored lines).
3. The plan here is to get an entry from the breakdown of the rising wedge illustrated on the chart. While we do think a pullback is in the cards, we should note here we don't give this pattern a lot of weight given it is on a lower timeframe (not as many people will see or react to lower timeframe patterns in our experience). Our target for an entry on a potential pullback is the S1 orderblock and S/R flip cluster. This level keeps the bullish structure fully intact and has enough previous interaction to make this support likely to hold.
4. We have placed our stop well below S1 as we expect that level to absorb selling pressure. Any serious breach of S1 level means the S2 orderblock and S/R cluster which acted as a major pivot point in the past is likely in play, and so we would want to consider another setup there instead of trying to ride out our S1 entry.
5. Our target is R1, because R1 is the next logical point of resistance and as a bonus, gives us an attractive 1:5 R:R when paired with the rest of our setup.
With the trading plan noted, there are actually many levels of interest on the chart that we haven't discussed yet. Above we have R2 and R3, with R3 specifically being a range in which a reaction is likely since it is the range formed from the previous top. Below we have S3 - S6. Each lower support means a further loss of bullish market structure, so keep that in mind if and when these levels do come into play. The most vital levels for the bulls to hold are S5 and S6, otherwise, we would be in danger of a long term downtrend being formed.
Good luck traders, may the money printer ever go brrr!
Frame 1H SPX500 TODAY UP TO 3130 Small frame 1h in Spx500 but the target is also very significant:
Buy SPX500 : $3062
Sell : $3130 .
Stop loss : $3040 .
Wish you good deals
S&P can reach a new high of all times The S&P 500 has rallied 1.2% on May 26, topping the 3,000-mark for the first time since Mar 5. The S&P 500 exceeded its 200-day moving average for the first time since early March which is an indication of the start of a long-term bullish trend. Coronavirus vaccine hopes, reopening of economies, some upbeat economic indicators and new pandemic stimulus by the European Union made this possible.
Follow The TrendEverybody talks about technicals indicators, but no one tells you to put inside the mind and the feelings of the creator.
Markets make me Buddhist, even if markets are a completely different thing
SPX500USD Buy signal setupEnjoy a free signal
Trade at your own risk;
Know your risk to reward
We had a breakout of monthly S/R area and now market has come back down to retest the 12hr uptrend. If it holds, this shall play out.
Symbol: SPX500USD
BUY
Entry: $2950
Best entry: $2940
Stop Loss: $2920 (-$30 to -$20 from best entry)
Take profit: $3015 (+$65 to +$75 from best entry)
$2940 Must Hold! (SPX)We did have a surprising move from the spx500 as it broke above old Resistance of $2940 and currently sit at $2951.
We want to see the old Resistance become new support for a trend continuation upward for the bulls.
The daily, 3 day and weekly are all green. Which can help validate how strong this trend reversal is.
I'd look to find a long term position on a short below 2940 or a long 2950, will play tight stoploss.
If support cracks this could be a fakeout and return with a massive selloff.
Perfect compression play setup with our Crossover strategy.
As of now we are bullish.
Time to get aggressive on the spx500.
Have a blessed day! 😁
🥇MLT | PRO TRADERS
SPX Short Bias Remains.. 13:27:23 (UTC) Fri May 22, 2020SPX Short Bias Remains..
13:27:23 (UTC) Fri May 22, 2020
