Hello, traders After analyzing the 2-hour chart, we can see that price has been bouncing around like a pinball between 3374 and 3264 — rejected twice at the top, supported twice at the bottom. Currently, price is chilling at 3309, smack in the middle of the range, probably wondering what to do with its life. Now, 3345 is standing tall as a strong resistance. If price finds the courage to break above 3345, it might speed its way up to 3419 like it’s late for a meeting. But if it gets shy and turns back down, don’t be surprised to see it sliding toward 3148 instead — much easier, much faster, and with way less drama.
Alrighty. My forecast is as follows. I made a video explaining just a quick thought and here's the video in a written version for the most part. Basically, I'm a pattern chart trader and I spend the majority of my days looking for specific candlestick patterns that match candle for candle. I cannot find anything remotely close to today's Price Action besides October 2001. I have been and will continue to be doubted and that's okay. I am not here for anyone except myself and anyone that wants to gain a fresh unbiased perspective. People have called me a Permabear but that only pertains to my personality, which is that of a realist. I do not believe investing for the next 20-50 Years will work for everyone. You'd have to do it well and continuously contribute even during the down days. Either way. This is the analog I will be following. Fib is Extended way beyond Blow Off Top measurements imo. The market gained 50% in One Year and Three Months. I'd like to think that the uncertainty being priced in will cause these Deeper Fib Retracements. We already crashed down to the 1.61 GOLDEN POCKET from above and now bounce back to Secon Golden Pocket at 2.61. Based on the past behavior, now we move back to 2.0 for a move to the original extension of the 1.00 Fib. If we lose this, we start moving back to the 1.27 near $4.74k on SPX where I will then be looking for one final dead cat to $5300 by mid August, Every July dip being grabbed up ... Final Sell in August for an End of Year Crash to Mark 2025 as one of the worst years ever in Life as far as the Market goes. Good Luck everyone. Tips always welcome.
Market Overview: Futures are hovering at a crucial zone. In this update, we analyze the evolving trend structure, dissect price action at Fib resistance, and highlight what levels matter most heading into the next session. Bearish/Bullish Trend Analysis Trend Condition: Bullish Trends: 8 Bearish Trends: 6 Overview: The market is currently bullish, with 8 trend lines signaling upward momentum. However, the presence of 6 bearish trends shows that mixed conditions remain across different timeframes. Price Action and Momentum Zones Current Price and Change: Currently, the S&P 500 Futures are at 5,520.25, down by 32.25 points or -0.58%. Market Behavior: The weekly chart shows consolidation just below major resistance, with sellers maintaining pressure near the 23.6% retracement zone. Price action remains choppy after several weeks of volatility. Momentum Zones: Price is stuck within a corrective zone between the 23.6% and 38.2% retracement levels. In this context, these zones act as countertrend resistance, and bulls need a clean breakout above 5,537 to shift sentiment more decisively. Fib Retracement Levels Current Position Relative to Levels: The market is currently just below the 23.6% retracement level. Key Fibonacci Levels: 23.6% → 5,537.68 38.2% → 5,148.66 50.0% → 4,834.25 61.8% → 4,519.84 Analysis: A clear breakout above 5,537.68 would indicate a more meaningful recovery attempt. Failure here could send price back toward the 5,148 or 4,834 retracement levels if momentum fades. Overall Market Interpretation While the broader trend is still bullish on this timeframe, the failure to reclaim 5,537 suggests caution. Consolidation below major Fib levels implies that buyers are struggling to regain control. A breakout or breakdown from this range will set the next directional tone. Summary The S&P 500 Futures are showing mixed strength early in the week. The broader trend remains bullish overall, but the 23.6% Fibonacci retracement level is acting as resistance. This level will likely determine whether consolidation continues or a stronger move higher begins.
Not sure if this is too late. Might get a pull back. But I just hopped into it. Scalp short down to $0.03854 Market dumping off. Time sensitive...might be too late
Not too much to explain here...just see the highlighted areas and see that the Gann box Stacking strikes again with some interesting levels. The light angles are kinds nice, but the most recent one where the price is now seems to be the only thing holding it back from being a green face smash to 96... Mor Tariff... Mor pain for the Dolla Dolla Bill y' all This is the larger picture and see as to how I come to these Gann box alignments: https://www.tradingview.com/x/ZziuQ18D/ Again...You just find pivots and span them with the box- then stack or slide them with points all being contiguous and you have your price action analysis. Above chart is the weekly. Just imagine if there was any significance to the 2001 high and then the 2008 lows when it comes to geopolitics or financial situations....one could say: Its almost like a twin peak, one with a tower on it, just suddenly got hit out of nowhere and then crashed down to the Great Financial Center down below..hmmm VV
It feels we may be moving little higher. The volatility is low, making it more difficult to get the direction. However, stochastic is low and may turn, and for the rest slight pressure is seen. Strategy BUY (if wished for) @ 18.6750-18.7250 and take profit near 18.8750 for now.
I wanna tell you it is sort of possible, I don't mean 100%, I mean near 100%. you must follow some Steps: 1- go to the chart and check why mark returned? 2- do not follow the commercial systems (they are not useful enough) 3- ask GOD- Yes it is the most important Step. God know everything and will tell you the secrets from unknown ways. 4- to believe in yourself. Then just now go to the chart and find every return points and ask yourself why? ask yourself why the market returned from here? why this point? why not that point? It is just my experience and I wanna tell you the Step3 is magical. be happy and smile before start trading. Comment me if you agree or do not agree. (wink)
Just now opened a short position on wif. Expecting market to correct down to that area before pushing up to higher prices possibly Daily correction See chart
Daily live trade with XAUUSD in 15m/30m/1h 20250428
SNL has demonstrated impressive resilience, staging a sharp V-shaped recovery and returning to all-time highs despite broader market uncertainties. The stock’s ability to maintain strength through news-driven volatility highlights robust underlying momentum. With overall market volatility currently at manageable levels, a small initial position is warranted to participate in the ongoing uptrend, while maintaining disciplined risk management. Entry Strategy: Initiate a small long position at current levels to capitalize on potential continuation of the uptrend. Risk Management: Set an initial stop-loss at $36.21, representing a controlled downside risk of approximately 5.7% from current levels. This setup allows for participation in the momentum while maintaining tight risk controls in case the trend fails to follow through. ⸻ DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such. Risk Management is Your Shield! Always prioritise risk management. It’s your best defence against losses.