Recent content by HB123

1nvest thank you very much for your explanation and your book suggestions. I have got myself copies of the two books that you have recommended and will be going through them. I might have some questions after I read through them which I will post here in the hopes you might be able to assist me...

Hi 1nvest, yes that makes sense. The only question I have for chart 1 is have you highlighted the 4600 region to say that the S&P500 will need to break above previous lower high for one to say that there has been a trend change? Look forward to your comments on the other charts as well. Once...

@1invest your explanations have been very helpful. Thank you very much. It would be really appreciated if you could provide more insights to help with my understanding. Apologies for the lengthy question in advance, but I thought I would write it all in one go rather than go back and forth. My...

Thank you for your prompt reponse @1invest. When you say "signs of reversal will appear on the weekly timeframe", do you mean go down to a lower timeframe to determine the reversal signals? I am looking for a resource to learn more about these reversal patterns/indicators. I have gone through...

In January 2022 when the market started dropping I highlighted a few support zones where the market could potentially hold. I have highlighted these in the screenshot below. I primarily used fibonacci rectracements and projections and moving averages to come up with these zones. My question is...