S&P500 trading

This is an old screenshot - Market is still finding resistance right on that Pink line

now5542/5565 can be important resistance and 5265 can be low before Fomc meeting next week or 5145? wai and watch

4963 so if we l@@k back 369and add 4963+369=---simple work ---!!

5391 back to 5641 so 5541 and 5505 can be good area to watch!!

5788 and 5820 (Uranus level) and 5841 can be good resistance and any close below 5662 means top based dec contract

5788 held -- now 5820 and 5847 next swing projection highs --if break below 5691 then back to drawing board !

I made these charts 2 weeks ago, I used different swings and there are 2 areas of confluence for SP500 (monthly chart)

still valid 5692 may be Friday -----NFP --will be--MOB ----------!!

SPX to 6000,

Let's see...

While we are clearly in a strong bull trend, there is always room for a corrective move. In fact, this is often how markets gain further momentum—pulling back to gather fuel and liquidity. Given the length of the current upward climb, a 10-15% correction followed by some consolidation would actually be very healthy for the markets.

Tues Oct 22nd

ES
Looked for price to hit a key level and waited for confirmation on the 5min TF

Attached Image (click to enlarge)

Price tapped the limit order

1:2 hit pretty fast

I closed at 1:4 But ultimately our target was hit
Check out my journal where I log every trade
My Journal: https://www.forexfactory.com/thread/1276242-hitbox-strategy-profitable-forex-futures

top heavy near top end and till mid dec ---moi not playing long side ---!!

Last STATIC cycle tops out 15th Nov 2024 as shown below

If the market is working to these cycles during this period, we should see market turn down/sideways thereafter

Remember these cycles are only ever a guideline, not a trading style!



EDIT - 2nd to last, the YELLOW cycle is the last

Intersection of trend lines.

checking pa , likely continue range down correction before next target up . may not next week though . so weekly correction underway possibly ! take care

Wed Nov 20th
Asset: ES (S&P500)


Price came into a key area marked for the session.


Got a nice rejection, confirming bullish pressure in this area


Got some consolidation in the area, which is always annoying


And then the push up for the 1:2 RR.


Check out my journal where I log every trade
My Journal: https://www.forexfactory.com/thread/1276242-hitbox-strategy-profitable-forex-futures

Tue Nov 26th
Asset: NQ (NAS100)


Saw a simple buy set up aligning with the trend in confluence with 15min and H1 TF's. Placed a limit order.



Price tapped into the limit order not ling after



Reached TP1 within 15min




Took profit at TP2 to finish off the trade, which is my usual target when I trade


Check out my journal where I log every trade
My Journal: https://www.forexfactory.com/thread/1276242-hitbox-strategy-profitable-forex-futures

hi all ....

i think good chance for sell US500 ( S&P500)