S&P500 elliot wave Update, bearish setup timeEverything is going as predicted so far
Time to setup a short position.
I am gonna sell when we "break" the confirmation level.
*break means you see a read candle that breaks the level and at least 50% of it crosses the candle.
** MAKE SURE YOU ARE NOT RISKING MORE THAN 1-3% Of YOU WHOLE TRADING ACCOUNT, THE AMOUNT OF MONEY YOU LOOSE IF WE HIT THE STOP LOSS MUST NOT BE MORE THAN 1-3% OF YOUR WHOLE CAPITAL***
Sandp500
S&p500 elliot wave Update,29/07/202the price move exactly as predicted yesterday :)
DON'T rush to sell. we need to see the sell confirmation
SPX500USD - Plan to reach ATHS&P500 looks nice. After a successful retest of 3200, it continues to rise. And with all this Fed stimulus I think it aimed at 3370 and will get there.
If we get a wick into 3220 - 3250 area (link on 30 Jan 2020) it would be a great entry point.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
S&p500 elliot wave Update,22/07/2020I was bluish on the market and I was thinking that we are having a 1-2-1-2
now it seems that we are having the last leg 5 as an ending diagonal .
both models are still valid until one gets invalidated
I need more confirmation to decide
$SPX #SPX500 - S&P 500 Index Intraday Buys Pre London ... 50 pip risk for 50/100/open profit targets (3215/3220/open)
invalid below 3205 as at that point I'd expect a run on the 3200 buyers stop losses
Trade Safe
S&P 500 sell signals on D1.S&P 500 (SPX), daily timeframe: Resistance zone + Dragonfly doji + Side of Bollinger bands + Divergence
$SPX500 S&P500 - Bullish above 3200 into 3230/40/50Targets marked
invald below 3190
structure marked (3200 buyers / AMD power of 3 liquidity run)
Trade Safe
S&P 500 Elliot WAVE analysis update 13-07-2020with the current sell of the previous scenario is invalidated.
previously I was thinking that the current impulsive wave is the 3rd wave.
the drop has invalidated this case as wave 4 has broken the wave 1 level so we have to rename the wave.
I still don't see a bearish scenario so the only possibility is that we are the wave 2 of a 1-2-1-2 structure
the possible termination points for the current sell of is marked with arrows.
Complete elliot wave analysis on S&P 500 recent moveYou can see the complete wave analysis of S&P 500 recent crash and pullback.
All the structures have been confirmed using fibo rations as can be seen in the chart.
my opinion is that the current uptrend is a 1-2-1-2 structure, we are at the end of the correction level for the last second wave and after that we will see a wave 3/3. that should scream!
Looking to short SPX500 and hold during the weekendIt's very likely that SPX500 will drop either right before the market closes or as soon as the market opens
S&P Index Intraday Shorts into 3160/50 #SPX5003175-3150 been the range on spx most of the week looking for some downside here into Sell side $ as well as potentially the market open gap @ 3130...
50-60 pip risk... I like the RRR
50/100 (1:2)
50/200 (1:4)
that's just the intraday targets not even considering the gap fill potential
(instant profit 50 pips in 5 min, risk free trade - 10:15 AM EST)
good risk reward
Trade Safe
Blessings
#SPX500 S&P 500 Index 7/8 NYSE Intraday Plan structure
prices
time
risk reward
HTF analysis posted
let me know what yall think
(edit: one annoying scenario would be a clearing of the short term highs @ 3165 and rejection there just keep in mind if for some reason we trade those levels)
currently 8:08 EST ideally we breakdown 3150 asap and we sell off these next couple hours into the open
#SPX S&P 500 PreMarket 7/8/2020... Structurally Driven by 31503150 major structural & psychological price level in play here this morning
gonna monitor PA & newsflow going into the NYSE open in a couple hours
bullish only above 3161 into 3170 then evaluate there
short term market structure is still down for the time being and I'd favor shorts below 3150-3145 zone into 3130 -
Trade Safe
Blessings
#SPX500 S&P / SPX 500 1HR - Below 3170, into 3160/50 (Intraday)
Market structure / QP Pivots / Profit Targets Marked
Invalid above 3180 (swing SL) / 3177 day trade invalidation SL to improve the RRR for intraday targets
Healthy below 3170 into 3160/3165 (target 1 would depend on your RRR)
3150 target 2
Writing this 1:45-2PM EST NY Session Tuesday, 7/7/2020 (waiting to see if the 2:15 PM candle will close below 3170 to get some sell pressure into the NYSE close in a couple hours)
Gold approaching 1800 ;)
SPX / S&P 500... positive sentiment into marketopen - into 3200?3175 main pivot point of interest for me - ENTRY 3175/6
SL/Invalidation -50 pips (3170)
Targets - 3180 (1:1 risk:reward) - 3190 (1:3) - 3200 - (1:5)
SPX500USD - Rejected at 3150 againSPX500USD was rejected at 3150 resistance once again. I think if the next 2h candle will turn red, it can be a good idea to short it. Otherwise short on another test of 3150 looks reasonable. Maybe it will break it this time, but historically R:R is good here
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
SPX v XLNXSPX (blue) and XLNX (red) emulating each other on the charts for the past month. XLNX breaks out today. Maybe, the same to come for the SPX
SPX to 3400.
SandP500 with pattern immediately following 2008 correctionPrice action lines up pretty close, that's why I would like to see more of a consolidation here, and a break of 3000.00 low, but very momentarily if it happens.
