This bullish trend has been going on for more than 80 years, during wars the economy grows against the background of money printing and aggressive infusions. I do not believe that the economy can grow honestly against the background of the global crisis. Only linden growth, which will end very, very not fun. Of course, these are just my thoughts and I could be...
Traders, It feels as though I have been discussing a SPY top at around 570 for years now and I can see from the history of my posts that this is actually true. I first started with the premise that the U.S. stock market would experience a blow-off top of sorts. Elliot-Wave theory and technicals seemed to support this idea. Though admittedly, I am nowhere near...
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Trading Setup: There is a Trading Signal to Sell in SPX500 (4h) Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 5170.0 ⭕️SL @ 5257.0 🔵TP1 @ 4871.0 🔵TP2 @ 4700.0 🔵TP3 @ 4550.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
As stated in this weekends video update, I expected us to retest the top of the red channel first, with potential to drop back inside the channel and test the bottom. The middle yellow channel is also a less likely possibility. I don't think we'll get down to the green again until AFTER we hit are WAVE 5 target and also, Inverse Head and Shoulders pattern target...
Traders, A couple of weeks ago you'll remember I expected a bounce off of our 200 day SMA which coincides with the bottom of my channel, making a strong area of confluence and support. But I wasn't sure if that was the end of our drop? Turns out, after testing the underside of our neckline for a patent classic retest, we have now broken below the 200 day SMA and...
It's hard to pick a direction lately, but this 4 hour bear flag into prior support just screams bearish. Will it be a trap though?
Looking for a turtle soup of the February highs before we drop aggressively. The rest of Q2 seems like a risk-off situation for me for stocks. Like always do your own due diligence. DISCLAIMER: I am not a financial advisor and nor is this financial advice.
Traders, We have now touched the underside of our macro uptrend (3) three times and the bulls have been unable to break to the topside again. Is is time for them to sit the bench for a few weeks, get their wind back, and let the bears take us back down to retest that 200 day one more time? It might be. Stew
Cobra here! Friday's report was quite neutral. The markets did not react much, but they closed with a fall. Let's take a brief look at the current situation: The index is getting closer to its old GAP, which I wrote about a long time ago and said that it would be closed last. If there will be no additional bad news on the market, the gap will be closed, and then...
Anticipating one more push up on Monday and close down for the week next week. Great risk reward after volume imbalance taken on Daily on the back of short covering end of week.
Entry Short: 4034 SL: 4046.1 TP: 3766.5 RR: 1:22 QML Invalid if price break through 4101 mark 4034 price its right on 0.618 fibo and major SSR it may fill the gap on 15min TF to 3766.5 before pushing up again
Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at 3949. Yesterday, as I expected, we saw an attempt to increase the index at the market opening, i mentioned earlier. However, there were few volumes on...
Analysis of the spx 500 index 11/08/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at the level of 3806. Yesterday, as I expected, the index kept its movement to the zone 3820-3045, I wrote about this earlier. However, at the moment, a...
Here's a possible short strategy based on S&P 500 E-mini Futures daily chart. Based on previous price movements I would enter a short position. Await first for confirmation, then enter a position. Keep your stop loss somewhere above the upper channel. Target 1 - $3690 Target 2 - $3590 Target 3 - $3500 ------------------ I keep it simple and clean! Likes,...
Analysis of the spx 500 index 10/27/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at 3830. Yesterday we saw a stabilization in motion and a decline in the market, as I mentioned earlier idea link below. In the near future, I expect an...
Analysis of the spx 500 index 10/25/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What's on the market now: Today the index is trading at the level of 3797. Over the past trading day, we saw an increase in the index, without any attempt at correction. Today I expect the market to peak at...
DISCLAIMER: I DO NOT GIVE SOLICITATION TO BUY OR SHORT Seems like market is continue its down trend based on pattern. What do you think ? OCTOBER 21 , 2022 I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated Before you enter a...