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SPXUSD

TOP 5. Issue 12 from 27.10.2019Weekly update with the outlook on my 5 favorite trading instruments where I place around 90% of the deals. These include: SPX , Gold , Crude Oil , EURUSD pair and the Emerging markets via USDRUB . If you like what you see, please fell free to hit the Like bottom and leave your comments. Disclaimer: By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.
FOREXCOM:SPX500
by captain_smollett
SPXUSD (SNP500 / SPX) - Deep Bearish Pull-Back - Diagonal Wedge* If you like this free video and the idea itself, please remember to support me with a like or share, so I can produce more frequent contents such as this one. Thank you! * Related ideas show how I was able to call the BIG drops in 2018. Analysis Summary: Scenario 1: Leading Diagonal in Minor ABC (blue), part of a larger degree Ending Diagonal in the next Bull Market run, before the Market Crash. In this scenario, a deep pull-back should take place until the 50-61.8% Fibonacci Retracements. Fibonacci Extensions from Minors A&B (Minor C projection) are synchronizing with the Wedge Formation towards 2885.00 levels, but also with the joining Bearish Divergence. Scenario 2: SPX (SPXUSD) Alternate Count (turquoise) has been labeled in an Impulse which presents an Extension in Minor 3 (turquoise). This scenario puts SPX (SPXUSD) in a Minor 4 (turquoise) correction, which should honor the 23.6% or 38.2% Fibonacci Retracements of Minor 3 (turquoise). Decision: Scenario 1 is the preferred outcome and this is because the rising wedge does not belong in Minor 3. * Both scenarios imply a bearish sequence as the next structure. SPXUSD (SPX) - SELL ORDERS Aggressive Entry @ 2885.00 with SL @ 2965.00 Moderate Entry @ 2915.00 with SL @ 2965.00 Conservative Entry @ 2980.00 with SL @ 3050.00 TP @ 2800.00 / 2750.00 / 2600.00 / 2550.00 SPX - 4H Chart * This idea is to be treated as simple Market commentary and not as an immediate investment advice. Trade with care! Many pips ahead! Richard
FOREXCOM:SPX500Short
by Lionheart-EWA