The following is a few examples of why things aren't looking good for the SPX and why it could be on its way to lower levels... First the looking back of back testing this 1877 line. https://www.tradingview.com/x/EoLg1e36/ further... https://www.tradingview.com/x/iFelNVgE/ further... https://www.tradingview.com/x/Zr59RmP8/ further... https://www.tradingview.com/x/9bIwVLyl/ furthering...(White line removed and replaced with Grey...so not confuse on next picture) https://www.tradingview.com/x/Zki1sFhB/ still furthering...(Top White line is not the same as White in previous pictures*) https://www.tradingview.com/x/YmZcz6pm/ A clear showing how what is to come is a bounce or straight crash through levels when the crack in the tech world...or what i call "The gr(AI)t short" Basically this is an idea for you to pick a color and count from 1877 to 2024 which has more touches; from there you have the best support line..kinda More detailed short term posts will come soon...just figured out how to imbed these pics/charts
Silver has been lingering around this big support area for a couple of days now and i feel to aid the next leg down we need to follow DOL on the sell side around $31. This coincides with trend line resistance, fib 0.5 and a nice W shape pattern. I feel around this area will hold the liquidity for the next move back down to our macro channel and FVG daily at around $25. This is just my take on the chart so do your own due diligence. Lets make 2025 more profitable than 2024. Good luck. Thoughts and insight are welcome.
?? In this video, we take a brief analysis of Bitcoin's current price action. On the 4-hour timeframe, we observe a break in structure, raising the question: Is this a potential buying opportunity? We then drill down to the lower timeframes to look for possible confirmations, following the scenarios discussed in the video. Please note, this is for informational purposes only and not financial advice. ?✅
Happy New year to all, just posting important 12M lvls for the Tesla will add some more information shortly in the comment section
SL 2643 TP 2545 R:R 1:4 Price bounce the resistance , I'm expecting the price to reach the final target My personal setup is really simple I'm using support and resistance + 21 EMA on the 4hr timeframe(1hr for more precise SL and entry) I don't really mind if I'm right or wrong. I just care more about the risk management and if the position opened makes sense.
Btc may continue to do ping pong like 91k and 95k few days more to give us a clear direction right now it may go to 91k to 92k again and than continue to to the up side after that it may dump again right now its best to do trading on lower time frame.
As quantum computers begin to enter the market such as Google with Willow, I am already in favor of the next generation of digital processors. Think about NASDAQ:NVDA and their $3 trillion dollar market cap. Loving this stock at $2 when I first heard about it and saw prices surge quickly over $9. Currently adding positions and keeping a close eye on previous ATH for this stock. Knowing with momentum and development prices will be over $100 within the next couple years. First target is $30.00, followed by $65, then $150... Happy Trading. May 2025 be a phenomenal year for us all. Clear 61.80 retracement touch with momentum and continuation for the next push.
Sellers continue to be present in the S&P 500 demonstrated by a week or close on Tuesday. However, we are approaching levels that would be logical to see a buyer bounce. So, be cautious on the short side of this market.
With newly formed bullish order blocks and yet another very odd change in market structure this afternoon, Immediate breakout is likely.
SL 1.4296 TP 1.4642 R:R 1:3.5 Suggested risk management for this is 15% of total capital risking 2-4%, my personal leverage is 1:30 This still a good opportunity for buys, price is still respecting the support level :)