Get started

Usa500

FTI Consulting *FCN Falling Wedge Trade the BreakoutFTI Consulting falls under the radar for a potential LONG with this falling wedge pattern in play . On the 25 Feb we have Earnings numbers coming in and during December 2nd 2020 the board authorised 200 million Dollars for the re purchase of its Shares. The Falling Wedge CAN FAIL the same as any other triangular pattern so make sure you wait for confirmation with a candle close with a break of the resistance and High Volume . They are the ingredients needed and of course better than expected earnings numbers could also be encouraging ... Trade with a Solid Plan , knowing in advance your entry, exit , position size, and take profits on the way up ... Show your gratitude with a Like, Follow or a comment ...Thanks for stopping By
NYSE:FCNLong
by SJTRADESFUTURES
SPX (S&P) - What shall we do now? Hey, we made it through this week! Choppy on precious metals, currencies and indices finally had a minor little pull-back. I did an analysis this past the last time with the possibilities we reach the previous ATH areas - and we did and we went past it and made another all time high...Let me explain what's going on...! Firstly, let's look at technical aspects as that's the easiest - Bullish channel, within the larger bullish channel we have smaller channel occurring which we are still within this channel. We could keep heading higher, and go towards that small gap we do have near all the high areas and perhaps pass that and go above making another all time high...OR we could get a break out of this channel, which I have shown key levels I am interested in. Yesterday, may of seemed like a large move towards downside on 1hr or 4hr time-frame but actually looking at the bigger picture, a - 2%/4% on SPY & NAS really isn't much considering the immense amount of bullish momentum we have had..Thank you Feds..! Fundamentally - Go and research what the Feds have brought this time in the crash we have the usual mortgage back securities etc but they did also go into various other assets and companies like apple and the famous Tesla...Retail drive, have excelled further within this bullish momentum we've received. Now there are various aspects we could take into account, retail trailers that was largely uplifted summer season known as the Robins and then there's the lack of volatility which is the way I like to analyse the US indices. Firstly, look at what the index is weighted on, then looking at VIX we was going to reach lowest levels, now rising above that gives me a clear indication, perhaps a pull back is due... I had even posted the FAANG companies analyse within, and even that gives me a view of pull back is most likely due - when...well we have technicals to back that I have marked the support areas matching 50 & 200 EMAS, as well as this be careful if it does come out of this channel, fully confirmed. Also, be aware we do have elections at the end of the year and as well that, if there is a pull back perhaps they could get another stimulus going via capital hill, as you look at the data figure out of USA, things don't look promising... Longer term - I suspect, the price of commodities to increase further as this year and next year to go by, as well as various other majors combined. Keeping in mind, Europe dislike a weak dollar - will they lower there inflationary rate and various other policies? As data shows they are in deflation.. (Check my last post explaining further regarding EUR) I can proudly say, I won't be buying at these levels and nor will I be selling - I am neutral until my plan indicates a clear movement to either direction... Go with what your trade plan says!! Key tips: The trend is your friend, but have a little patience...! Also, look at the economy globally, and seek what type of market economically we are in as well as the behaviour of the market.
TVC:SPX
by Trade_Journal
SNP Headed for a double topThe rate of SNP at which recovered since the bottom on March 23rd 2020 is regressing into a logarithmic recovery (see blue line), which is similar to the bottom of December 2018, although not as steep as 2020. In 2018 the recovery stopped when we reached the previous high around $2,940, then we saw a a fibonacci retracement to the second level ~$2,726 . If this pattern repeats we would see the S&P climbing to its previous high ~$3,400, slowly loosing momentum, then, when the bears will take control we might see a retracement to $2,950 which is also the previous high, which would work as additional support. The price might find support at the 200 SMA or the first level of Fibonacci retracement , which is around $3,100. Hopefully by the time we reach the peak the 200 SMA will have moved up, hopefully to the -23.6% Fibonacci level so we might reverse there, but if the economic data and polical tensions continue to create headwins we might see a further retracement to $2,950
CME_MINI:ES1!
by B1ng0
SPX (S&P) - Sell time? Possibly..could be time to de-risk...! I was overal bullish when it comes to equities - However, when things start to look a little over extended it's when I start to take positions off (De-risking) and I start to think of opportunities of - perhaps sell opportunity and where could be the next pull back for me to add a position on. With trading you can create a lot of opportunities even with just trading very few pairs - You could do the intra-day trade idea. Simply looking at smaller time frames for what your plan my execute you to do - such as looking at MACD/RSI divergence, Fibonacci or certain other tools you may use for further confirmation. (Remember: There is not one set way of trading - and that's what makes it fun!) or scalp on very low time frames. Again - use what you've created on your trade plan. Technical wise: Looks like to be forming a bear flag - lower support level areas are between: 3086-2963. Resistance areas: 3339-3402. Fundamental wise: Further stimulus from USA Could be implemented again 5th cheque. (Exp - Monday) Below that trend-line channel up - bears could be getting in control...! Just a trade idea, not a recommendation. Have a great week ahead.
TVC:SPX
by Trade_Journal
EUR/USD as everyone's eyes are on Brussels,RETRACEMENT?FA: Currently, EU leaders are discussing the possibility of a Corona Virus Stimulus package; with there being a standstill between the frugal four (Austria,Netherlands,Sweden,Denmark) and the "Club Med" members (Greece,Italy and France) whom want the stimulus to be treated as a grant but the frugal four disagree. As discussions go on, and the lack of news in the USA and States facing further closures- we could see a strong bullish turn around for the Euro against the dollar. (USA) Expansionary fiscal measures set to reach expiry at the end of July- with talks being held this week on what the next move is- we should see some strong movement. TA: EUR/USD has been strong and has rallied quite strong to break a long term downward trend to turn bullish, however, it is now approaching resistance, so what's next? Resistance is also placed at a HTF support thus now resistance level, as well as being a key Fibonacci level- therefore we can expect a retracement- unless Brussels decides otherwise Can be treated as a short trade with stops placed outside of the green area; with it hedged with a break-out trade If the euro breaks that region and the further resistance, it could approach levels not seen since 2014 -Megalodon Whales (Rahim) Enjoyed Charting this for you all,Please SHARE/LIKE/COMMENT and you are welcome to give your feedback or post your own charts below :) TVC:DXY FX:EURUSD FX_IDC:EURUSD TVC:SPX
by BoSukas
SP500 on the break of the recent highs ? 🦐Following the nasdaq that created the historical new highs, The sp500 also is pushing up. The market is testing the recent highs few times and if there will be a break above the structure we can set a nice long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
OANDA:SPX500USDLong
by InkyGrip
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!
CAPITALCOM:US500
by TradingExpertGroup