US30, SP 500, and US2000 Trend Analysis/Setups

On SP-500- Price is rallying towards a major resistance region 7520-7500 price level. The region also confluences with a Trendline Resistance. But due to the bullish nature of SP-500, i'll wait for a break above the Resistance region to join the buy continuations instead of looking for Sells.

It's breaking already, dollar is even falling, which means fear is wearing off

The Sells will hold. But not for long. I don't like scalp trades, except in the direction of the overall trend.

Indice don't move in a straight direction when there are selling except when it's a bull trend, looking at ustech there's mixed reactions but I have my level marked at 29793 a break below there, for me is a sell opportunity

SP 500 looking bullish

Entry at 7476.4 level, place a buy stop order

That's quite a tricky region to sell from though. You just have to apply caution if your'e holding for long. Nas100 is still indecisive. since it's just the beginning of month.

How did this go? Price is still around that region, I'll just keep following it up for breakout.

I.had a plan that a close above 30216 with strong momentum I will look for buys but now am flat on us100

Alright. It's just best to stay flat, till it picks a side. a Break above, or a break below.

Am saying that a close above 30216 I will buy price has not closed above that level na

Okay. let's see how it goes tomorrow. the buys will make more sense to me if it sells down to the 29,800-29700 region.

You can imagine what price did here. It stopped me out then moved to in my desired direction

That makes sense. A sell into 29,800–29,700 could provide a better demand-zone reaction. I will only consider buys if price shows bullish confirmation there otherwise, the bearish move may extend.

On US30 today- While Nas100 and SP500 are still struggling with buys, US30 made new ATH today. Despite their trend correlation, it's often times best to treat them independently because their timings for movement always differs.

When you map out the chart you also read the story behind those candle sticks you see, on 17th June the fed kept rate steady with rate hike expectations in the future, this caused a little decline in stocks which didn't really dropped as expected, now on 22nd of June which was the next week we started seeing that news effect on the charts where us100 started selling off alongside us500, Us 30 held up better because it contains more value-oriented companies such as industrials, financials, healthcare, and consumer staples. These sectors are generally less sensitive to rising discount rates, and investors rotated into them as a defensive move, so that was why that move was different

I'm bullish too

I'm expecting price to retrace to my entry