SPX500 will soon hit A horizontal resistance Level of 4795.2 and After the retest we will Be expecting a move down !
Dear Esteemed Members, The supertrend was bullish, but two sell signals concluded with a bearish price action. The rejections happened around the resistance level from a previous top. The price is now below the upper green support level. I think the S&P 500 market will reach the next support level: around $4600. So, I'd consider a short position. You can...
Pair : SPX500 Index Description : Completed " 12345 " Impulsive Waves at Daily Resistance Level. Impulse Correction Completed. Breakout of the Corrective Pattern " Bullish Channel " in Short Time Frame and Strong Divergence in RSI
SPX500 will soon hit A horizontal resistance Level of 4732.26 and After the retest we will Be expecting a move down !
SPX500 will soon hit A horizontal resistance Level of 4591.26 and After the retest we will Be expecting a move down !
SPX500 was going down And the indice broke the Support level of 4527.00 Which is now a resistance And I think the price Will go further down !
In my previous post on SPX ( link attached below the description ), I explained how we are going to see a rejection on this uptrend soon and we beginning to see that now. In this post I will explain how I am playing this short setup. In the previous post I had a pitchfork. I simplified it with three parallel channels, one larger and two inside it in its upper...
As you can see, History repeats itself. To my technical eye, The S&P is loosing momentum at a price of major resistance AND(+) a Major trend line where price has previously ended its bull rally to return to its overall bear market downtrend. Second possibility attached. I see The S&P returning to the 350's if not much much lower. Its divergent sister, the VIX is...
Hey tradomaniacs, SPX500 just pumped up towards a major resistance-area where a lot of bearish confluence is possible. Generally I must say that the recent pump caused by Jerome Powell seems to be SUS as his entire speech was pretty hawkish. I also think he doesnt really want stocks to move up as it would not ease financial conditions and boost inflation....
🔴 SPX500 TF: 4H Side: Short SL: $4009.75 TP 1: $3937.75 TP 2: $3893.00 TP 3: $3857.00 SPX500 will have a small correction here.
SPX500 is trading in a rising wedge But sp500 is stuck below The horizontal resistance at 3870.76 And the bullish breakout has failed So IF we see a bearish breakout Of the rising wedge Then I believe Will go down
Confluences will be added to part 2 -- It will be posted next -- Check it out! But we are already in a Bearish trend and this was just a retest in my eyes to come lower -- More explanations on the next video.
Hey tradomaniacs, ICEBERG-Order spotted again after Buyers got trapped with fake-momentum. Absorption happening here! Usually another fakeout before aggressive sellers (we need velocity)! Don`t join the party too early and watch this level. What do you think?
overbought short term up much coz of coolinginflation while the fED SAID NOTHING ABOUT
Hey tradomaniacs, looks like SPX500 is ready to fall again soon unless news give us any other input. So far Market-Depth has shown on overshoot with trapped buyers right at resistance. Another re-test with e.g. SL-Hunt could confirm this setup! Technically a good spot to sell. Let`s see! =)
Hello there all, Here's the SPX analysis outlook potential direction. Please do let me know if you are seeing what I'm seeing or have a different perspective on it, I would love to see your analysis. Please do drop the chart link below in the comment section. This is not financial a advice. 🙂 Thanks all.
Hey tradomanics, looks like last bullish move after the fed-protocoll (Seriously... so bearish )... looks very suspicious especially in the market-depth showing absoprtion in form of a lot of iceberg-orders at the resistance. I will give it a shot and go short from here on. What do you think?
HEy tradomaniacs, looks like SPX500 is about to fall due to the last overshoot and breakout - retest scenario. Yesterday we`ve seen news about the liquidity which hasnt been that low for a long time, means we can expect more big moves to the up and downside. The market will wait for upcoming news before we get more volume and eventually less volatility....