I know the start of a Bearish market when I see one. The SPX500 represents the top 500 American companies and is a representation of America's stock market health. Since the Covid crash and rebound that happened back in March of 2020, the SPX500 has been extremely bullish and Investors have enjoyed record gains.
For the first time since the Covid crash, SPX500...
My approach this week is simple. Basic market structure analysis from the higher time frame to determine my directional bias on the lower time frame. Looking for short term buys up to a nice reaction sell from March 9th's 2021 Daily swing low https://www OANDA:EURUSD .tradingview.com/x/bAIwg2PM/ FOREXCOM:EURUSD
7-18-19 Looking at the 4 hour on the U.S. dollar/DXY and its forming an inverted head and shoulders. I drew a fib from the previous swing low to the next swing high and its currently sitting between the 50% and .618% on the retracement.
Because XAUUSD is currently hanging out at a significant level of resistance which can be found on the weekly chart in April of...
