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dzonefx
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Number of messages : 582
Points : 3339
Date of Entry : 2013-01-29
Year : 47
Residence Country Residence Country : Beograd

S&P 500

on Tue Jan 24, 2017 8:13 pm
Bullish Trade Ideas With SPY Strength



Below is a daily chart of S&P 500 ETF (SPY), $227.77



Trade:  If SPY is trading over $227 into the close, we recommend you buy it
Strategy:  Anticipated breakout on daily and weekly charts after false breakdown and bullish consolidation.
Max Gain:   Unlimited.
Stop Loss:  $225.25

source: mastertrader


Last edited by dzonefx on Wed Mar 14, 2018 9:55 am; edited 1 time in total
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gandra
Global Moderator
Number of messages : 3502
Points : 7620
Date of Entry : 2013-01-13
Year : 47

Re: S&P 500

on Fri Feb 24, 2017 4:37 pm
SPDR S&P 500 ETF (SPY), $236.44



Trade:  Under $236.55, we recommend buying 10 Mar $239 puts (21 DTE) at mid-point (closed at $4.03 x 4.10).
Strategy:  Breakout Failure (if triggers) with extended daily and weekly charts.

Target: $233.50 – $235 area.
Max Loss:  Debit.
Stop Loss:  $237.22.

source: mastertrader
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dzonefx
Moderator
Number of messages : 582
Points : 3339
Date of Entry : 2013-01-29
Year : 47
Residence Country Residence Country : Beograd

Re: S&P 500

on Wed Mar 14, 2018 9:56 am
The movement remains bullish


INDICATOR

  • Opinion Short Term Positive
  • Resistance 1 2893.16PTS
  • Support 1 2694.38PTS
  • Opinion Mid Term Neutral
  • Support 2 2628.12PTS
  • Resistance 2 2926.29PTS


STRATEGY
Above 2694.38 PTS the major trend remains bullish. 2893.16 PTS and 2926.29 PTS are in the line of sight. The breaking of 2694.38 PTS would cancel this anticipation and favor a correction toward 2628.12 PTS.

SUMMARY
The MACD is positive and above its signal line. This configuration confirms the sound positioning of the index. We can see that the bullish potential of the RSI has not been exhausted. As for the Stochastics, they are in the overbought area, making a correction likely in the short term. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is in a phase of technical recovery. It is above its 50-day moving average but the latter is poorly positioned. In the event of a correction, the first support is at 2694.38 PTS, before a test of 2628.12 PTS in the case of a breach. To the upside, the resistance at 2893.16 PTS is intermediary before the strong level of 2926.29 PTS.
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ForexSRB
Number of messages : 1555
Points : 3376
Date of Entry : 2014-06-26
Year : 37
https://www.fxsforexsrbijaforum.com/

Re: S&P 500

on Thu Mar 15, 2018 10:40 am
The bullish signals are intact


INDICATOR
Opinion Short Term Positive
Resistance 1 2881.38PTS
Support 1 2672.02PTS
Opinion Mid Term Neutral
Support 2 2612.2PTS
Resistance 2 2941.2PTS

STRATEGY
Above 2672.02 PTS the major trend remains bullish. 2881.38 PTS and 2941.2 PTS are in the line of sight. The breaking of 2672.02 PTS would cancel this anticipation and favor a correction toward 2612.2 PTS.

SUMMARY
The MACD is positive and above its signal line. This configuration confirms the sound positioning of the index. We can see that the bullish potential of the RSI has not been exhausted. The Stochastics are not overbought, which leaves the bullish potential intact in the medium term. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is in a phase of technical recovery. It is above its 50-day moving average but the latter is poorly positioned. In the event of a correction, the first support is at 2672.02 PTS, before a test of 2612.2 PTS in the case of a breach. To the upside, the resistance at 2881.38 PTS is intermediary before the strong level of 2941.2 PTS.
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ForexSRB
Number of messages : 1555
Points : 3376
Date of Entry : 2014-06-26
Year : 37
https://www.fxsforexsrbijaforum.com/

Re: S&P 500

on Fri Mar 16, 2018 11:51 am
The bullish signals are intact


INDICATOR
Opinion Short Term Positive
Resistance 1 2850.58PTS
Support 1 2647.04PTS
Opinion Mid Term Bearish
Support 2 2617.96PTS
Resistance 2 2908.73PTS

STRATEGY
Above 2647.04 PTS the major trend remains bullish. 2850.58 PTS and 2908.73 PTS are in the line of sight. The breaking of 2647.04 PTS would cancel this anticipation and favor a correction toward 2617.96 PTS.

SUMMARY
The MACD is positive and above its signal line. This configuration confirms the sound positioning of the index. We can see that the bullish potential of the RSI has not been exhausted. The Stochastics are not overbought, which leaves the bullish potential intact in the medium term. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 2677.67 PTS the index has been in a phase of technical recovery towards its 50-day moving average located at 2748.07: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 2850.58 PTS and 2908.73 PTS. The supports are at 2647.04 PTS then at 2617.96 PTS .
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Yuri
Moderator
Number of messages : 388
Points : 1812
Date of Entry : 2015-06-28
Year : 32

Re: S&P 500

on Tue Mar 20, 2018 12:17 pm
The prices are at interesting levels


INDICATOR

  • Opinion Short Term Positive
  • Resistance 1 2853.23PTS
  • Support 1 2674.91PTS
  • Opinion Mid Term Bearish
  • Support 2 2615.47PTS
  • Resistance 2 2912.67PTS


STRATEGY
Above 2674.91 PTS the major trend remains bullish. 2853.23 PTS and 2912.67 PTS are in the line of sight. The breaking of 2674.91 PTS would cancel this anticipation and favor a correction toward 2615.47 PTS.

SUMMARY
The MACD is positive and above its signal line. This configuration confirms the sound positioning of the index. Moreover, the relative strength indicator, the RSI, is not contradicting this hypothesis. The Stochastics are not overbought, which leaves the bullish potential intact in the medium term. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 2748.63. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2674.91 PTS and the next is at 2615.47 PTS; the resistances, located at 2853.23 PTS and at 2912.67 PTS must be exceeded for the trend to undergo a reversal.
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dzonefx
Moderator
Number of messages : 582
Points : 3339
Date of Entry : 2013-01-29
Year : 47
Residence Country Residence Country : Beograd

Re: S&P 500

on Wed Mar 21, 2018 10:13 am
The consolidation can continue


INDICATOR

  • Opinion Short Term Neutral
  • Resistance 1 2823.48PTS
  • Support 1 2615.58PTS
  • Opinion Mid Term Bearish
  • Support 2 2556.18PTS
  • Resistance 2 2882.88PTS


STRATEGY
As long as 2882.88 PTS continues to be a resistance, the movement may join 2615.58 PTS over the short term. The surpassing of 2882.88 PTS would invalidate this opinion and open the door for 2942.28 PTS.

SUMMARY
The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. The RSI value is less than 50: this confirms the weakness of prices. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 2748.1. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2615.58 PTS and the next is at 2556.18 PTS; the resistances, located at 2823.48 PTS and at 2882.88 PTS must be exceeded for the trend to undergo a reversal.
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Yuri
Moderator
Number of messages : 388
Points : 1812
Date of Entry : 2015-06-28
Year : 32

Re: S&P 500

on Mon Apr 02, 2018 1:34 pm
The bearish trend can resume



INDICATOR

  • Opinion Short Term Negative
  • Resistance 1 2762.08PTS
  • Support 1 2471.84PTS
  • Opinion Mid Term Bearish
  • Support 2 2413.79PTS
  • Resistance 2 2820.12PTS



STRATEGY
Below 2762.08 PTS the major trend remains bearish 2471.84 PTS and then 2413.79 PTS are in the line of sight. The surpassing of 2762.08 PTS would cancel this anticipation and favor a recovery toward 2820.12 PTS.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the index perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The index is oriented to the downside. It is under its 50-day moving average located at 2729.72. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2471.84 PTS and the next is at 2413.79 PTS; the resistances, located at 2762.08 PTS and at 2820.12 PTS must be exceeded for the trend to undergo a reversal.
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