Fibtree

D-levels for ES (US 500 S&P) futures upside and downside targets

FX:SPX500   S&P 500 Index
231 views
4
231 0
Hi folks,

this is the current setup on the e mini from a D-level perspective. Right now we still have a monthly Double RePo in play, as described in some other charts from me. Currently we have most interesting situation as we are above the invalid zone of said DRPO but we would need a close here on monthly bases for the setup to be invalidated. I can show you many examples where this area is thoroughly testet before the pattern is continued to its target (1659). The most prominent atm being GOLD             at 1060 in December, it price went below the invalid but came back and closed above it and you all know what happened to Gold             in january and February :)
As you can check in my previous charts I even named this area to be best chance for short when we still were down at 1900. So, right now I dont have reason to doubt my words and will continue to look for good short setups to participate in this fall, should it really start.

The next good chance for a short entry would be the area between right now and 2050 as we have the convergence of 2 LPOs there (COP and OP). Watch price action until that area careful as price action could be quite volatile in both directions!

If March closes above 2000 then we have the Double RePo failure pattern in play and price should move to the next upside target which would be the area above the highs at 2200. This is also the meeting of another two LPOs as you can see. OP and XOP             this time.

Below I have included two charts from my own software where you can see MACD Predictor and the Oscillator Predictor (the real D-level OB/OS indicator). Watch how it held price action right at the OP of the double RePo(1800) two times.
Kommentar: Here are the charts. I have included quarterly picutre as its not commonly used by public and thus can provide pretty powerful signals that do not mislead so much as other more common TFs

https://twitter.com/xSheltemx/status/709171179744043008
Kommentar: Here is the Gold Chart with the Daily DRPO who nearly went invalid

DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden