Wallstreet
NIFTY BULLISH 6th feb 2024Nifty is looking bullish with targets of 22100 on almost all time frames so we need to respect that.
NOTE: DO NOT SHORT
Nifty is loosin momentumNifty is loosing momentum but no trades yet. I feel it should go up a little but everything is pointing towards a loss of momentum
S&P 500 Daily Chart Analysis For Week of Feb 2, 2024Technical Analysis and Outlook:
During the recent trading session, the Spooz (S&P 500) experienced a dip toward the Mean Support level of 4845 for an excellent Buy signal placement. The prices ricocheted strongly toward the Inner Index Rally level of 4980, reaching a high of 4975. Looking ahead to the upcoming week, we anticipate that the price will fill in the five-handle gap from the previous week's price action, which could lead to a significant pullback. That said, if the price continues to move slowly, steadily, or in a tight range, it may indicate a minor pullback before continuing on an upward trajectory toward the Outer Index Rally level of 5935. However, the violent or gap-down price movement will signal that Mean Sup 4845 is again a legitimate target. Overall, careful monitoring of the price action on the first two days of the upcoming week's session is crucial for making informed trading entry decisions.
SPY WEEKLY 29 JAN 2024This is the analysis for SPY weekly. It has momentum in it and I am bullish.
Trade with SLs but it has momentum on every single time frame.
NOTE:IT HAS BULLISH MOMENTUM
S&P 500 Daily Chart Analysis For Week of Jan 26, 2024Technical Analysis and Outlook:
Spooz has completed the Inner Index Rally at 4882 and is continuing its upward movement toward a higher target; the Outer Index Rally marked at 4980. However, once we reach the designated target, there is a possibility of a squeeze that could cause prices to drop to the Mean Support level of 4845. In the meantime, the index may retest the Mean Support level of 4845 before continuing its upward trend.
Avoid Tesla-Jan 24 2024This green box is the origin of this rally, which is also a poor Dz, but again, it's the origin, and below it is another support. It is good enough to ruin short sellers' gain .
Most overbought condition 1) Most overbought condition since May 2021 on the weekly RSI 14.
2) Converging trendlines at 38,200 stretching back since late 2021 create solid roof tested 3 times at least on 2 separate trend-lines which would make for a very tough level to break, especially when it's this overbought.
***A correction down to retest the connecting lows trend-line since late 2022 would make a lot of sense even if a new high would be reached in the future, a correction down is very likely in the current technical condition - Which would be down to the 34,200 floor.
TESLA EARNINGS 23 JAN 2024 PRICE ACTIONThis is complete price action for Tesla. I have clearly mentioned why it should not be traded.
NOTE:AVOID TRADING TESLA
SPY WEEKLY 22 JAN 2024This is my analysis for SPY. All the levels have been discussed. Make sure to learn everything and then trade.
NOTE:WAIT FOR RETRACEMENT
S&P 500 Daily Chart Analysis For Week of Jan 19, 2024Technical Analysis and Outlook:
Spooz's robust movement from our Mean Sup 4745 toward our designated target, Inner Index Rally 4882, is on its way, leaving no fingerprints at the crime scene at the completed Outer Index Rally 4807. The advancement toward a higher target Outer Index Rally 5035 is now in its making. However, once we reach the designated target of Inner Index Rally 4882, we may face a squeeze that could cause prices to drop down to the Mean Support level of 4798 and possibly even the Mean Support level of 4725.
SPX500 - Bearish Double TOP 📉
As We Talked in The Previous Analysis:
On Thursday 11 January, The SPX500 Reached a Strong Resistance Level (4792.00 - 4817.20)
The Price Formed a Double TOP Pattern.
Currently, The Neckline is Broken !
So, I Expect a Bearish Move📉
TARGET: 4704.00🎯
SPY WEEKLY 16th Jan 2024I have clearly explained the levels for SPY, and this is how one should plan your trade. It is giving signs to go up but understand that nobody is superior than the market & we always need to have our STOPS on.
NOTE:STOPS IS YOUR KEY TO SUCCESS
S&P 500 Daily Chart Analysis For Week of Jan 12, 2024Technical Analysis and Outlook:
Spooz's extended movement toward our designated target, Mean Res 4783 and Key Res 4800, is noteworthy. However, the completed Outer Index rally poses a significant barrier to advancement towards higher targets: Inner Index Rally 4882 and the next Outer Index Rally 5035. The current level of tight trading range supports this theory. Despite this, current market conditions suggest we may experience a squeeze that could drive the prices down to the Mean Support level at 4745 and possibly even the Inner Index Dip at 4595.
SPY update 9th Jan 2024I have clearly explained and have shared the screen shots for the very last time of my trades in this video.
Always be on the right side of the market.
NOTE:ALL TIME HIGH ON THE WAY FOR SPY
SPX500 - Waiting For Retest...Hello Traders !
The S&P500 Reached A Resistance Level (4777.47 - 4817.20).
Currently,
The Price Failed To Create a New Higher High.
The Last Higher Low is Broken (ChoCh) 4691.98 - 4702.18.
So, I Predict a Bearish Move📉.
Let's Wait For Retest...
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TARGET: 4642.00🎯
SPY WEEKLY JAN8 2024This is my analysis for SPY this week and if you have any questions feel free to leave your comment here.
I am expecting a deeper retracement for now. All the levels have been discussed in this analysis.
NOTE: UNDERSTAND & THEN TRADE WITH PROPER RR.
S&P 500 Daily Chart Analysis For Week of Jan 5, 2024Technical Analysis and Outlook:
The Spooz extended down movement from our designated target Key Res 4800 and Outer Index Rally 4807 and now rests comfortably at our Mean Support level of 4700. The current market conditions suggest we experience a squeeze that could take us down to the Mean Support level at 4644 and possibly even the Inner Index Dip at 4595. However, the current level of support may provide a rebound to the newly created Mean Resistance level at 4740 before continuing its downward movement.
SPY WEEKLY 1ST JAN 2024Happy new year. Lets welcome 2024 with proper understanding of market. I have explained my levels clearly in this analysis. If you have any doubts let me know.
NOTE: RETRACEMENT SHOULD COME
S&P 500 Daily Chart Analysis For Week of Dec 29, 2023Technical Analysis and Outlook:
The Spooz has slowly but surely approached our designated target Key Res 4800 and Outer Index Rally 4807 throughout this short week's trading session. Some market squeeze from the current position might take us to Mean Sup 4700. This level of support is considered a strong support level for the index and can allow traders and investors to make a suitable entry decision.
DOW JONES US30 (WALL STREET)Wall street on max highest level as end of 2023 (woo!) according to my speculation on wall street price moves into wave cycles and liquidity grab. after price has taken previous highest liquidity(monthly) we about to see newer price cycles to the downside if not price doesn't close above the the invalidation zone since its our only guard for price to resist the zone.
COMMENT FOR ANY VIEWS
SPY WEEKLY 26th DEC 2023This is my analysis for SPY. If you have any questions let me know and I will try to answer it as quickly as possible.
NOTE:BE CAREFUL
S&P 500 Daily Chart Analysis For Week of Dec 22, 2023Technical Analysis and Outlook:
The S&P 500 index exhibited continued strength by rising above our Completed Inner Index Rally 4713 with the violent retreat on Wednesday to this strategic price level. The main target is our central Key Res 4800 and Outer Index Rally 4807, completed on June 4th, 2022. However, some concerns about a market squeeze from the newly created Mean Res 4769 might cause a pullback to Mean Sup 4700. This level of support is considered a strong support level for the index and can allow traders and investors to make a suitable entry decision.
