SPX macro analysis ⏰

Hello 👋 it's me your RAJ 🙂 professional trader ✨

This idea 💡
is completely my own analysis to explain situation _&_ market conditions of SPX
How this chart valid for long term 📌 explained clearly based on technical #TA 📌 #DYOR

Let's go with market conditions 1st 👉

PPL 📌 thinking 🤔 big crash in S&P500 , based on economy and some other theories
I don't this things go , if this happens 😂 it will vanish not only stocks or companies even goverment also get vanish

Money 💰 >> PPL work / save in -> gold , bank & stocks
Money 💰 >> banks -> save in ->> gold , stocks & giving loan to company & PPL 📌
Money 💰 >> companies -> save in future growth 📈 give return to retailers and keep on increasing vlaue for future like AAPL , GOOG , AMD etc ....

if stocks lose 📌 PPL lose 📌 if ppl lose 📌 goverment also lose 📌 biggest revaluation 😂

This is the major index ☝️ for many stocks , did you think 🤔 it will crash 🩸 that much harder 🙂

Use 🧠

👀 Let's go with my technical analysis ⏰ #TA ->> how I am expecting macro growth 💹

👀 There tend line 🙄 at previous High 2022 > to < 2023 which actually promised
trend 📉 line and even turned as resistance 📌 for 1.2yr
+
Finally it was broken and re-test also done 👍 turned as support 📌 💜💚 🚀

👀 According technical analysis 📌 my analysis get Invalid 📌 when month close below $3800.2

👀 There was oder block strong 🚀 support 📌 in 3 - month $4000-4200

👀 The previous order block at $4300 & $4600 easily broken 😂

These and some other theories making me push towards new high 💰

Expecting target's 🎯

🎯 :: $4880-$5018 ( easy target )
🎯 :: $5324-$5469 ( 💯 target )
🎯 :: $5885-$6484 ( high pressure resistance )

Support 📌 $3900-4200

This is my analysis on S&P500 on macro , i will post other patterns and chart of technical as per education under this post 📌

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🪩 disclaimer :

▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌


Note 👀

👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌

We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important

Economical conditions
Fundamentals
Technical
News
Sentiments


Checking macro to micro having good plan and build it is very important ☺️

Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛


I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post

Try to understand, try to learn - try to move with flexibility with market is important


Have good day 😊

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3 month ⏰ 📉📈 oder block - hitted 👀

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Wow 🥺 excellent 👌 rejection _&_ bounce back from order block 📌

Send it 🚀

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Previous weekend candle closed potential green 💚

Present 💝 was green 💚 rising hard

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+11% 😂 where bear 🐻 PPL 📌

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+15%

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Target 1 🎯 COMPLETED 🚀