how I find support and resistance of a trendTo understand Price Action, first thing we do is to look for (S) and (R) to help us read strength&weakness of price.
This video will explain how I find Support and Resistance of a trend.
I will provide example of what your chart will looks like throughout trading hours.
how to know which candle to
Don’t Follow Nobody, Neither Me.Have you ever found yourself making investment decisions based on what everyone else is doing? It’s a common scenario—investors rush into the latest hot stock or abandon a sector because it’s suddenly out of favor. The urge to follow the crowd can be overwhelming, but is it really the best strategy
Get Ready for a DumpIsrael’s security cabinet will vote Thursday on its response to Iran’s ballistic missile attack, an Israeli official told CNN. Earlier, Defense Minister Yoav Gallant said the retaliation would be “powerful, precise, and above all – surprising.”
be ready.
SPX 500 I Two areas of potential long opportunity Welcome back! Let me know your thoughts in the comments!
** SPX500 Analysis - Listen to video!
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S&P 500 Daily Chart Analysis For Week of Oct 25, 2024Technical Analysis and Outlook:
During this week's trading session, the S&P 500 index exhibited notable weakness by falling below the Mean Support level of 5818 and subsequently establishing a new Mean Support at 5798. This development will likely prompt a decline toward the Inner Index Dip at 5733
S&P 500 Index: First Correction Since July 2023I was just looking at NVDA and the market has been bullish forever. A drop is approaching and I wondered, "Will this be a short lived correction or will it turn into a bear-market?"
Good question isn't it?
The last correction for the SPX happened between July and October 2023, after that, it has b
S&P500 Bottom expected this week.New bull phase to 6500 startingThe S&P500 index (SPX) has a red 1W candle last week, its first after 6 straight green. This was a much needed technical correction on a rally that has been holding since the August 05 low, while on the longer term it's part of a Channel Up that since last October (2023), hence a year ago, is being
S&P500 Screaming Caution!Bearish Rising Wedge building pressure at the bottom of the structure. BAD JUJU!!
Bulls don't be a "dick for a tik"
CAUTION!
S&P, Bullish Parabolic Move comingS&P, is consolidating in a tight range. I'm expecting breakout of inner rising wedge by 5th November, i.e. the Election result date. Followed by Parabolic move upwards. The top end of the channel is around levels of 7500.
Refer to my previous posts, i have posted bullish view of equities and precio
Hellena | SPX500 (4H): Long to area 5915 (Wave 5).Dear colleagues, I believe that the upward movement is not over yet and the end of the movement in wave “5” is ahead.
At the moment I see the support area of 5800, from which I assume that the price will reach the area of 5915.
Then we will look for a short trade entry, but for now all my thoughts
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
S&P 500 Index - Standard & Poors 500 (SPX) reached its highest quote on Oct 17, 2024 — 5,889.6 USD. See more data on the S&P 500 Index - Standard & Poors 500 (SPX) chart.
The lowest ever quote of S&P 500 Index - Standard & Poors 500 (SPX) is 1,384.9 USD. It was reached on Nov 28, 2012. See more data on the S&P 500 Index - Standard & Poors 500 (SPX) chart.
S&P 500 Index - Standard & Poors 500 (SPX) is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy S&P 500 Index - Standard & Poors 500 (SPX) futures or funds or invest in its components.