ChartPros Market Insights
S&P 500 (Ticker /ES) Trade Plan for February 23
Forex Grid Trade Plan | February 13, 2023
S&P 500 Trade Plan
Is the S&P 500 Bear Market Over?
By definition, a bear market is when price drops 20% or more from its recent or all time highs. So for the S&P 500 ticker /ES one could say that technically speaking the bear market is over because price is now approximately 15% off the all time high set back in October 2021.
But is the recent run up simply a "Bear Market Rally" or are the bulls firmly back in charge gunning for new all time highs? See this before your next trade!
S&P 500 (Ticker /ES) Higher Time Frame Analysis
Follow along with ChartPros Founder Tom Winterstein as he charted in real time and walked through step by step to identify bi-directional levels of interest for the S&P 500 (ticker /ES).
His analysis takes you through the last couple of months of 2022 and into 2023 and you'll see all the details as well as amazingly where price went to versus the anticipated levels so far.
How High Can the Markets Go?
We frequently get asked "How High Can the Markets Go?"
The true answer is no one really knows for sure but technical analysis can help determine potential targets.
Once a market reaches its target there's no telling what can happen then. The prudent thing as a trader is to allow it time to develop new structure.
Technical Analysis or News?
There's been a long running debate between the technical analysis chartists and the fundamentalists and both sides can make their case for being "right". Both sides often think that their way is best and the other side is full of you know what...
Since no one can predict the future how did China's Evergrande crisis that's filled the news just so happen to occur during a time when chartists like us were anticipating a potential pull back?
Price Targets for Oil - $100??
Remember last year when Oil (symbol /CL) went under $7 a barrel? Well if you got long then and stayed long you would have about10x return now...
We hear woulda, shoulda, coulda a lot.
Here are some updated higher time frame upside price targets for Oil. It's not out of the question to see $100 technically speaking.
Trade Using Only Support/Resistance and Trend
S&P 500 (/ES) Weekly Chart
Around the Markets - 2 minute outlook for the week of January 31, 2021
All Time Highs - to trade or not trade webinar
Learn the top strategies for trading all time highs and managing risk.
Many equities and indexes are at or near their tops. Trading all time highs (ATH) can be a risky proposition because there is less historical data available at these levels.
Join ChartPros for this informative and potentially money making/saving webinar to help boost your trading confidence, consistency, and trading results.
- Page 1 of 3
- Next page