if 2680 retest hit then 2660 becomes "resistance become support" sl hunt to 2635 or lower still happen the big question would 2680-2720 become signal to 2770? or higher?
recently I got one new MA to use on my chart it's DMA 200 based on backtest its better than the MA 200 when there is a bounce usually it will come back to retest the other smaller MA which is MA 50 or MA 100 got 2 target, lets wait
I don't see any bull signal on low TF I don't want to play with market tricks anymore so I will focus on the weekly timeframe for now and waiting the 2430-2460 bearish target to hit first before analyzing again I copy-paste the previous weekly sideways for now and adding 3000$ as bullish target (green one) step by step plan 1. 2430-2460 hit (dec 2024) 2. 2620...
waiting for the double bottom signal to hit 49-61 There is no bull signal at all, I am still waiting and 2635 safer as the target
I thought knowing 2724 and 2667 would be safe for next week plan but before 2724 we will see bearish support retest that's when 2667 come into play, but after backtest, and checking with indicator flow... I don't think its enough with 2667 this is just my hunch or intuition only the key here is it will drop under 2667 before 2724 I create this chart as plan if...
Alot of people see 94 rwsistance but I think necause 2680 double bottom it will break 2694 Lets see...
if retest 2700 resistance, 2608 support broken, target 2580 zone but there is potential weekly continue to drop mean we will see more correction later there 3 scenario 1. still going up to 2770 but stochastic not bottomed yet 2. straight to 2580 mean weekly bearish trend started target 2440 later 3. drop to 2640 then up to 2700 resistance retest and drop to...
mini double bottom could lead to retest very high resistance zone because it can be seen as reversal signal so waiting and monitoring 2772 for now
there is not even 1 red candle in the top right now, want to gamble with 2680 red candle next week? is there any requirement to retest ma 55 on weekly?
updating my old SPX chart 1. add retest to MA100 then bounce 2. add retest ma200 and then bounce again 3. tops box = volatility box might hit there but safe it for later
tesla possibly retest 338.5 resistance and gap after triangle PA I want to predict a bearish trend but I notice this is more likely to hit 338 now
MA 100 = blue MA 200 = red the circle = same pattern issue a mini divergence on RSI 1. stochastic still topped, that's why no signal to retest MA 100 yet when stochastic reversal it will retest MA100 2. MA100 is quite strong (if still a bullish trend) 3. MA 200 will be retested in my opinion but lets focus on MA100 first because there is still higher high...
potential retrace down to 2680 or 2660 early weak bullish signal, but looks like it just support retest before making bull flag again
blue red cycle sideway with red always make double bottom pattern, sometime triple bottom this is gold TBH it can tell which one annoying sideway (red one) problem: no visible reversal signal
middle east tension break 2628 resistance Israel attack Syria Iran threatened attack US allies Israel ready to attack Iran
Will see it as bull trap But monitoring momentum later to see momentum weak or not
momentum bearish, 36 support 49 resistance, untested 52 momentum not valid yet 1h want 2 red candle 4h want 2 red candle too if both TF happen then we will see momentum bearish to 36 the key is 49 resistance and 1h candle close 2 red candle or not
43 might be temporary resistance for now 49 and 53 not long term bull signal, bull signal if 61 retest and break out