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Spx500short

SP500 (Y20.P4.E2)Macro.Bullish channelHi All, From a monthly perspective, all looks bullish. On the daily, there is a 2 scenarios, both are bullish: a) a breakout to the upside from here and b) more ranging movement in this area, chart below before breaking up to the upside. completing an elliot ABCDE symmetrical triangle of some sort. Hence a medium macro bull flag or consolidation just under the main resistance. Note: USD is more bearish tone than bullish in the short term. Chart below. From a weekly perspective we have the following: Daily chart, (a.chart) Note: DXY, USD has pulled back recently which gives gains for stocks. Still in sync with my original post, link below Please give me a like or tick for this posting; Regards, S.SAri
OANDA:SPX500USDLong
by ssari
SHORT INTRADAY AT 12121 AND TAKE PROFIT AT 11925SHORT INTRADAY AT 12121 AND TAKE PROFIT AT 11925 mARKET UP ON bIDEN wIN BUTR REMEMBER HE WANT TO UP THE TAX ON TECH ANYWAY I ONLY PLAY THE PULLBACK FOR NOW BEFORE THE FOMC/FED OR ANY NEWS ABOUT SENATE OR HOUSE FOR ELECTION WHILE HE WILL TOUCH MY TP I WILL NOT CUT BUT MADE A TRAILING STOP SO I ENTER WITH 2 X1 LOT THE FIRST LOTR I WILL CUT ATR AROUND 12000 FOR FULL PROFIT AND THE OTHER I WILL PUT A STOP AROUND 12080 AND EVERYTIME IF HE DOWN I WILL ADJUST IT
OANDA:NAS100USDShort
by corsicasia
05/11/2020 #SPX #ES_F Bullish yes but pullback will be healthy Yesterday was US Presidential Elections Day. Outcome still not known but seem like Biden is going to win it. Lots of up down in between and fake downs but bulls win it. No doubt price is bullish but based on price action, pullback is possible today. Price now at my 1st R and pullbacked 20pts. See if this level will hold. Bias still up above 3412-22. But in the event that this breaks, look for 3392, 3356 (strong support level) to trade. If 3324 breaks, look for reaction at 3324. In the event 3262 trades today, it will be a low risk buy level.
OANDA:SPX500USDShort
by FadeMeIfYouCan
SPXSPX coming into the election week looking rough as we just broke a long outstanding bullish trend line that may take the SPX to its recent low of $3209. I personal do not believe that we will break our first floor of resistance on its first try but elections and the "Big tech Armageddon" may drag this lower. This week will be extremely volatile and we will see how the priced in "Biden" win levels will hold. Reasons for Bearish move: 1. Elections are coming up Tuesday being the biggest and most controversial election yet. 2. Long time up trend line has been broken and could be possibly be heading lower 3. Big tech is being hit and being one of the biggest market movers the "FANG" group if goes lower will drag the SPX down as well. 4. Double top pattern looking quite valid. Preparation: If you are looking to capitalize on the markets dropping, look into inverse or bear SPX and DOW stocks.
TVC:SPXShort
by CryptoTheory