SPX500 - Pendant breakout UP or DOWNOn the hourly SPX500 formed another pendant. Good news from G20 today - UP. No news or negative news - DOWN. Most likely we're going to breakout UP.
Spx500long
SPX reversed from resistance, potential drop!
SPX reversed off its resistance at 2956.1 where it could potentially drop further to 2723.5.
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Losses can exceed the initial investment so please ensure you fully
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Will the big breakthrough be in the coming week? #SP500The last fall came after the SP500 failed for the third time to break the resistance in 2957.
Once the SP500 will break this resistance, the rise will be very sharp.
Stochastic in its very low area for buy).
Support at 2911.
Small target: 2958
The big target: 3000
SPX reversed from resistance, potential drop!
SPX reversed off its resistance at 2956.1 where it could potentially drop further to 2723.5.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX reversed from resistance, potential drop!SPX reversed off its resistance at 2956.1 where it could potentially drop further to .2723.5
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX500 - Bounced from 50 Fib - LONGSome soft of consolidation is required before moving higher up. SPX lost momentum yesterday, was pulled back. We are still seeing bulling movement which might climax on Friday late afternoon (before G20).
If G20 summit opens a door for further negotiations between Trump and Xi, we shall see another ATH or at least confirm it.
-=Never give up=-
SPX - another all time high is on the horizon? S&P500SPX is missing a 5th wave up (Elliot) and looks like there might be another push up to $2995-3010 area??? This would play out well with GOLD set up. Triple top and a massive crash afterwards. This will catch all of the FOMOs out there, squeeze all of the juices that are left in the lemon, destroy all of the shorters and Debbie-Downers and then a massive Bye Bye? Just an observation.
SPX reversed from resistance, potential drop!SPX reversed off its resistance at 2956.1 where it could potentially drop further to 2723.5.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPX reversed from resistance, potential drop!SPX reversed off its resistance at 2956.1 where it could potentially drop further to 2723.5.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX reversed from resistance, potential drop!SPX reversed off its resistance at 2956.1 where it could potentially drop further to 2723.5.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX Next Target 3050-3100Similar pullback pattern developing which should take the $SPX to new ATH in the coming weeks. As long as the long term technicals remain bullish, then buying pullbacks is in order. Trade war talk is just that. Lots of bears on this case but SPX only dropping 3% on such news doesn't resemble a bearish omen so far. Looking to take longs via ES futures shortly. PT = 3050-3100 range.
SPX approaching resistance, look out for a potential reversalSPX is approaching its resistance at 2947.4 where it is could reverse down to its support at 2723.5.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX reversed from resistance, potential drop!SPX reversed off its resistance at 2952.1 where it could potentially drop further to its 2729.1.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Tracking of the Trading Plans Published In the MorningThe chart shows how our A.I. Powered Model Trades tracked the S&P 500 Index today. For detailed results of hypothetical trades based on these trading levels, check back after 7pm ET at tradersaiDotCom.
SPY ES1! SPX Still Bullish, Pause before higherThe weekly SPY chart continues to look positive.
I circled areas where strong bounce weeks ended up failing and reversing to new lows.
But IMO, those reversals came with poor technicals (MACD trending down and/or negative) and showed big red candles right away. Now, we're seeing different action - MACD is turning up now and last week was flattish, closing at support. Stay long
