SPX500 STACKING long PositionsHey tradomaniacs,
SPX500 looks very bullish to me as the previous fakeouts have created a double-bottom-pattern.
These fakeouts were the perfect moves to washout these massive crows of robin-hood-traders.
The current option-market is full of these retailers who are taking the liquidity for the big players.
To get this liquidity big players are forced to manipulate the market to the downside in order to hunt the stop-losses.
When I look at the market-depth (on daily basis) I can see accumulation of volume and these SL-Hunt-Moves as the sellers instantly get aborbed by the ALGOs.
Economy is also recovering well so far which is why I expect more momentum to the upside.
As always I will manage this trade very aggressively, especially ahead the FOMC-meeting today.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Us500signals
US500, Crashing ??US500 Trying for recovery but
Pattern is broken as well as
strong support.
Wait for proper retracement and take
SHORT and HOLD
S&P We may be starting a new 10 year Bull Cycle!S&P's weakness in recent weeks has got many thinking that the rally since the March correction is over and that maybe a new round of selling is ahead of us. On such occasions I have found it extremely useful to consult very long-term time-frames (such as the 1M in this instance) and look how similar patterns traded in the past.
As you see on the current study, the current phase we are in resembles the post Black Monday (1987) price action (even though the recovery after the March COVID collapse has been quicker than that of Black Monday's). What preceded the two events is also identical as displayed by the a-b-c-d sequence. After the (d) leg that breached the 1M MA200, a long term bullish cycle started that was interrupted violently by Black Monday. That is very similar to how S&P traded after the 2000 Dot Com crash and subprime collapse (a-b-c-d) leading to a long term bullish cycle that was violently cut by the COVID sell-off. The RSI and LMACD (as we are on the logarithmic scale) also print similar readings.
If history repeats itself, S&P is not ahead of another sell-off but instead has much greater probabilities of being at the very start of a new 10 year Bull Market! Do you agree with that?
Of course it has to be said that there was no pandemic back then nor catastrophic economy lockdowns. But it has to be said that catalysts in Economics may come in different shapes while having the exact same impact/ weight on the market and peoples' psychology. After all it is psychology with fear and greed that is moving the stock markets.
So are you feel we are ahead of a new Bull Cycle or are you selling, expecting a new bearish hit? Feel free to share your work and let me know in the comments section!
Please like, subscribe and share your ideas and charts with the community!
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
S&P The 0.618 Fibonacci is the keyThe current sequence on S&P has been seen before, in fact in late June. It was again a Channel Down on the 4H chart with the MACD on a somewhat Inverse Head and Shoulders formation.
The June fractal failed to break above the 0.618 Fibonacci and the Channel made one more Lower Low before the smooth and sustainable 2 month bull run took place.
Coincidentally S&P failed to break the 0.618 Fibonacci today and naturally got rejected. It is obvious that this holds the key to a potentially new sustainable rally, otherwise we might see a new Lower Low within the Channel.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
S&P500 Trading PlanPattern: Channel Up on 4H.
Signal: (A) Bullish as long as the price trades above the middle (white line) of the Channel Up, (B) Bearish if it breaks below.
Target: (A) 3600 (Higher High of the Channel), (B) 3450 (within the 0.5 Fibonacci and former accumulation level).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
S&P Trading PlanPattern: Channel Up on 4H.
Signal: Bullish towards the Higher High trend-line and roughly a +15% extension from the top. Bearish after that towards the 4H MA50.
Target: 3,530 and 3,465 respectively.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
sell at 3449 with 3 tp within 48hsell #sp500 at 3449 with 3 tp within 48h ,so much overbough and #jacksonhole #symposium coming also there a bit euphoria with #china #tradedeal while it should be sell the rumour and #spx500 overperform #nasdaq #DowJones #usdjpy #eurusd #audusd #audjpy #uscad #xauusd #nzdusd
also it can bed much more down make 2 separate lot and take profit on the first at tp 2 as exemple and let run the other with a manual trailing stop,like every 10 pts you down your stop wich you placed a bit down from the entry point for secure gain and no lost
S&P500 Sell SignalPattern: Higher Lows on 4H.
Signal: Sell as the price has completed a +2.20% bullish leg.
Target: 3375 (0.618 Fibonacci retracement level).
Most recent S&P trade:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Shout-out to TradingShot's top TradingView Coin donor this week ==> @scheplick
US500 is at peak.It could be a sell just waiting for the trend line to be broken and then retracement.
us500Hello traders, here is the analysis from our team :
sell @3367
target#1 @ 3362
Target@ 3354
stop @ 3380
money management @ 3362
Let us know in the comment section below if you have any questions.😉
US500Hello traders, here is the analysis from our team :
Buy limit:3339
Target: 3365
stop: 3313
we like price to run in our favor, and take profit from 3349 . money management.
Let us know in the comment section below if you have any questions.😉
S&P500 Sell SignalPattern: Ascending Triangle
Signal: Bearish as the price got rejected on the monthly Resistance and is printing a bearish MACD formation.
Target: 3090 (contact with the Higher Lows trend-line 1).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
S&P Trading PlanPattern: Channel Up on 1H.
Signal: Bearish as the price got rejected on Resistance 1. Bullish where the Higher Low trend-line crosses on the Support 1 & 2.
Target: 3,168 (Resistance 1) and if broken then the Resistance 2.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Most recent S&P signal:
S&P500 Sell SignalPattern: Resistance/ Support trading.
Signal: Bearish as the price is testing the Resistance Zone.
Target: 3080 (just above the Symmetrical Support).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Most recent S&P signal:
SPX (US500) Technical overview Briefly and clearly.
According to my observations, the SPX index is least susceptible to volatility and has a clear picture of the development of events.
I think the United States will push the indices to a new maximum since we have a very strong mess ahead of us in the second half of the year, these are the Financial Reports and the US presidential election, and as we all know, there is a big take-off before a big fall.
We all know about FED and their tools
and have long been convinced that the market is crazy, that’s why we are moving along the trail of large sharks.
I still hold my position at LONG, because I believe in the instrument and its growth.
My subjective opinion does not force anyone to open positions and invest in markets.
Leave comments and like, support the channel!