SP500 Long target 1: 2940 and target 2: 3056. Bullish from 2880

February 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's August so the horizontal line is longer than expected but as you can see the grey squares were set like they are already at the beginning of this year. Exactly now in the corner of the grey square, the chart is starting to climb! STILL BULLISH!

So, I still expect a long to more than 3000 points, when the price passes 2.880,00.

I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!

Interesting coins, which I am looking to buy:
- EOS
- QASH
- Bitcoin-Gold

Do you have some good tips for crypto coins? let me know!

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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.

How do I decide to open a position or not? First I analyse:
- Fibonacci pattern
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands

Trading means investing. Sometimes you lose more than you win in the beginning of a period!

Don't forget to follow me, so you get updated when I post new analysis. Also read my account to be informed about what I do.


Thank you for following and Succes with trading !

Richard from Rich.Exclusive.Trading
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