Idea for SP500: - For me there is no question that there will be a major correction in indices in the near future (by EOY - Q1 2022). There is also no question for me that it will occur before interest rate hiking by the Fed (if they indeed raise them). It is just a matter of getting the right entry and getting the prize. - Don't be excited by daily fluctuations...
The Trade Risk's latest stock market analysis video breaking down the price action and technicals of all major markets and sectors for the week. Key takeaways: Panic gets bought up Powerful bullish weekly bars everywhere Superbowl earnings week on deck MARKETS REVIEWED SPX - S&P500 QQQ - Nasdaq IWM - Russell 2000 ACWX - World ex-US JNK - High yield junk...
The perfect storm event known as the Covid pandemic has introduced many millions of new traders into the circus. The indices have performed amazingly well over the last year.. nearly parabolically so. While I do not believe the indices have formed a major top yet, a minor pivot is likely. I have been hoping for a decent correction to shake things up. I am not...
SPY monthly RSI is 76.75. Remember the RSI pattern we discussed recently? Look at the RSI from Jan 2019 to Feb 2020, and then look at the RSI from Feb 2020 to Jul 2021. That's an almost identical impulse wave. What comes next, if history is any indication, is a massive, unexpected, market crash. We'll have to wait and see how the wave plays out...
15.08 and 21.88. These are two numbers you want etched into your brain over the next 14 hours as they could provide a pivotal direction for the S&P500. As we can see the VIX has been in a downtrend since its peak in March of 2020 and this week, the VIX bulls may have ran out of gas as they have failed again to make a higher high after valiantly breaking resistance...
Looks pretty ugly to me. Intraday's don't look that great either. Longed UVXY looking for a quick swing. Following yields, watch TNX. If wrong, will suck, but them's the breaks.
Idea for Black Swan: - Watch cyberattacks on key infrastructure. - WEF is an open book. - It is the catalyst. GLHF - DPT
There is a great deal to be concerned about speaking broadly. Price erased 35 days of gains quickly - the first warning. Asia continues to absorb Dollars at a higher than usual rate. We have a very Large Lick setting up in VX Complex, one that will provide extremely large gains into August and through October. VXQ - 1975 1955 1935 1920 1895 are the levels to...
As the majors drift sideways on Wednesday afternoon, after a bullish morning, Vix is at the LOD (18.16). When you look at Vix from the weekly timeframe, the trend is quite pronounced, and we're at solid multi-year support. It looks like things are going to get very wild, very soon, and from a macro perspective that makes perfect sense. I'm well positioned for...
Global Futures are extending gains on Wednesday morning after retail traders bid the indexes all day yesterday to essentially erase Monday's losses. I can't imagine where we'd be right now if buy-back inflows were in the mix this week. But, here we are nevertheless, back near ATH's, and markets refuse to accept anything greater than a 2% correction before the BTFD...
There is far more to "markets" than Charts. Risks appear as IF unknown when all eyes are focused upon Charts - this has been demonstrated time and again. Yet it remains mostly ignored. There are immense Risks to the Equity Complex. Today is a Prime Example of Wall Street getting its fills for the upcoming correction - it will be swift, violent and...
The S&P500 Volatility Index is currently breaking out into levels that historically has been catastrophic for the overall market. On the monthly chart, we can see that whenever the VIX breaks out and confirms above the light orange trendline plotted on the chart, double digit drops in valuations happen for the S&P500 usually within mere weeks. Which means any day...
I have noticed this correlation between S&P 500 and Vix. 1. Whenever there is a spike in volatility and volume, that seems to mark the bottom for SPX. 2. This theory seems to be holding for the last 7-8 months. 3. Currently, we are facing a similar kind of situation. The Vix has spiked and the price is tanking. 4. If the theory holds its value, the bottom may be...
While flipping through charts, I especially enjoying hitting the indexes around big moves, and look for “warning signs” that have occurred in the past before/after other ‘historic moves”. What have I found? A whole bunch of nothing. More or less speculation. Today, however on SPY, I noticed a parallel between today’s precipitous drop and February’s Covid drop....
By Yasin Ebrahim Investing.com – The S&P 500 slumped Monday, led by a rout in energy and financials as investors grew concerned over the global recovery following a surge infections brought on by the Delta variant. The S&P 500 fell 1.6%, the Nasdaq was down 1.1%. and the Dow Jones Industrial Average fell 2.1%, or 726 points, though was down 953 points at...
Cascade Event on ES should the cross. ES TGT 3912
Similar to last year March when markets crashed 35%, the US10Y yield is crashing today, with the majors bearly off the ATH's. Will this divergence end the same way - with bonds as the safe haven of choice? Something tells me we're very close to finding out...
SPY down 2%, Vix up 30%, yields crashing (similar to last March's divergence). If buy the dippers think we're oversold at these levels, I invite them to have a look at the monthly timeframe. Brace for impact...