S&P500 Futures Analysis - Continuous, Just as the Markets !

16 Jan

This is a Thread, so Follow for Technical Analysis performed with TrapZOne Pro & UMVD Indicators.

* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand

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1-15-2024
Downtrend with UMVD showing Divergence. Price sliding as US MSI also points to weakening in the market. Hold On to You Hats I Say :)

16 Jan

Nota

On Hourly we have GRAY bars taking the price into Green TrapZone ith RED UMVD AFTER Divergence !

16 Jan

Nota

On Daily bars - Price is FAR from Green TrapZone. So retrace may be around the corner. We did have an excellent RUN up.

17 Jan

Nota

18 Jan

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Latest - Green TrapZOne has started UMVD is GREEN at the moment

19 Jan

Nota

GREEN UMVD After divergence took the prices higher, now red umvd is stalling the price move from going higher. Lets keep an eye on the next color

21 Jan

Nota

Green'S' Takes it Higher

22 Jan

Nota

Selling is seen on UMVD as prices keep going higher. same happened a few weeks ago and then finally prices rolled over and crashed fast for a day or two.

24 Jan

Nota

Prices went higher over the GREEN TrapZone Supported by GREEN UMVD

25 Jan

Nota

RED TrapZone formed but with GREEN UMVD pushing the price higher again.

25 Jan

Nota

28 Jan

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Hourly Check In - Strong UP Trend is established with GREEN TrapZone. RED UMVD pulling the prices in Retrace at the moment. DO you see the DOUBLE TOP/ TAP too ??

30 Jan

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Latest Intraday

1 Feb

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Latest Intraday

5 Feb

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Side By Side Analysis - Short term Retrace is on with RED UMVD - Lets see we form a RED TrapZone or not ?

9 Feb

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Bulls Got This - I am thinking 5400 as a Possible target in a week.

20 Feb

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Keep an eye on the VIX. Selling resumed after Trapping some buyers!

25 Feb

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Hope you saw that cleanest Class A entry :

6 Mac

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Sideways mostly on Short Term Renko and Gray Bars on the Hourly.

20 Mac

Nota

Hourly Technical Analysis Check Ins
Trend is UP - Angle 5 in place and there have been very shallow retraces with support continues to step up. Volume is dicey but that show its been lately. Are we headed to a Parabolic move up ?