SP500 a bullish confluence 🦐SP500 on the 4h chart after the last impulse, retraced inside a bull flag.
The market bounced over the 0.618 and according to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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SP500 is the 4000 coming? 🦐SP500 after our last idea reached new ATH and close the week with a bullish pattern.
The price breaks the minor range and continue the uptrend over the ema with a nice impulse in the last 2 days of the week.
We can expect the market to continue the run inside the major ascending channel.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 Weekly/Daily Analysis 🦐SP500 on the weekly chart (lower) recently broke the monthly ascending channel to the upside.
The price created a double bottom over the 3280 area and from there starts a new impulse for new all-time highs.
On the daily chart (top) we can notice how the market moves inside a daily ascending channel.
IF the market will break and close above the 3730 area we can set a nice long order according to Plancton' strategy
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 a short term outlook 🦐SP500 on the 4h chart reaches new highs at the 3725 level.
The price is moving inside an ascending channel and we can expect a minor retracement until the 0.382 or the 0.5 fib level.
IF the market after hitting the support structure will give us a sign of inversion we will be ready to set a nice long order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 Weekly/Daily analysis 🦐SP500 on the weekly chart after the previous bullish impulse bounces over the support level at the 3280 level over the 0.5 fib retracement.
The market after a double bottom manages to break above the 3530 area and move to the next resistance zone at 3640.
During next week we can expect the price to retest the resistance structure now turn support for a new bullish move.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 on the test of a minor structure 🦐SP500 on the 240min chart after testing the 3620 level broke above and test the 3656 area.
The price then move for a retest of the lower support.
IF the market will break and close above the resistance area we will set a nice long order according to Plancton's strayegy.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 4h analysis 🦐SP500 after last week bearish impulse is now holding weekly support at the 3280 level.
The price attempt to break below but the bulls are holding at the moment.
We can expect a retracement to the upside until the 3335 area and then a new attempt a break.
Being the time near to election is risky to trade the index but if the price will break and close below the weekly structure we can set a nice short order according to Plancton's strategy
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 Weekly/Daily Analysis 🦐SP500 on the weekly chart tested again the trendline of the monthly ascending channel.
The price couldn't make a new high and retraced back around 3415 zone.
On the daily chart, there is a possible descending channel where the market can move in a consolidation phase waiting for the imminent elections.
IF the price will break and close below the 3410 area we can look for a nice short position according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 Monthly/Weekly/Daily analysis 🦐SP500 on the monthly chart is testing the upper side of the huge channel.
On the weekly chart the price found support at the 3300 level before starting a new impulse till the top of the channel.
ON the daily chart we can notice how the price got perfectly rejected by the monthly trendline.
During next week market can hit the daily support and break below to test again the daily channel or can bounce over it to retest the monthly channel as in the drawings.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 at the top of a minor channel 🦐SP500 after the bounce on the 0.618 on the daily channel created a nice bullish move.
Price has been moving since then in an ascending parallel channel.
Currently, the price reaches the top of it and we can expect a minor retracement before the bullish run carry on.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.