S&P500 is at a Decision Point. So, Where Will It Go?The buying wave that started as a result of a big sales wave and central banks giving the market plenty of money seems to have carried the index to its old peak.
The fact that it has reached these points without any correction is a bit thought-provoking, as the markets normally move in volatility (ups and downs coexist).
Therefore, if the index fails to break its weekly rising trend and its previous peak, a profit realization may be experienced.
However, if these levels are exceeded, 3700 levels may be considered normal for us in the future.
Only personal opinions and ideas. Does not Include Legal Investment advice...
Sp500analysis
Welcome to The New Market CrashThe FMI has anonced, that be careful because there are very large bubbles in the debt and equity markets.
My principal Scenario show me a rejection of the price around 3,150 points. The loss of 2,900 that would entail the loss of the previous minimum level where a rejection candle emerged + the loss of the long-term bullish channel. Show me that we are going to retest the minimun of march.
Alternative Scenario above the 3.170 price will go to the 3.220, and new higher high would show us the way to retest the historical maximums.
Are you kidding me? It's no me, it is the FED.
Good Lock and Take care out there.
Is 2770 level the new target for the SP500?Can the second coronavirus wave anxiety and protests trigger the rising wedge formation despite the FED and force the index to retreat to 2770 ?
if it's true, a very negative week will be waiting for us ...
Only personal opinions and ideas. Does not Include Legal Investment advice...
S&P 500 LOW VOLATILITY (SP500VOL) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
SP500 (Y20.P3.E1).Danger zoneHi,
After listening to some trusted resources, I am in agreement that this range of 3000 to 3200 will be when major profit taking will occur.
Its also the same time where dumb money will feel comfortable coming back in, thanks to the media promoting the financial markets lately.
It is also in alignment with the inverted BARR target.
What do they say?
Morgan Stanley predicts 'V-shaped' recovery on Fox Business
They, the Financial news media is the Epicentre of Douchedom!
> As a crypto trader, I'm aware how this market has correlation with Bitcoin.
> Hence I do see the SP500 moving past this resistance phase as its found support on this red band and it will try to regain its normal trend channel (as per my previous posts)
however the market makers have other plans.
Please give me a like or tick for this post.
Cheers,
S.Sari
SP500- 2900 should be soldSP500 looks like is finally top out with 3k zone proving to be strong resistance.
The index found sort-term support yesterday under 2800 and now is correcting.
I'm very bearish indices and I expect a new leg down for SP500 in the next months.
In my opinion, 2900 should with a target of at least 2600
SP500 (Y20.P3.Video).Recent price action explained.Hi All,
*** Note: This video is a followup on my previous posting on the SP500 forecast, with measured success. ***
The following video post is my take on the SP500 price action in terms of technical analysis.
If you were to look at my previous posting on this, it gives a background to this video.
But I also recap some of the points in this video.
This video recording is my attempt to explain what I take from the charts, historically and how its applied to the past few months and the next phase of the market.
Please give me a like or a tick for making this effort.
Regards,
S.Sari
My reference: A.Charts
Reference materials:
Bump and Run Chart Pattern Strategy>
tradingstrategyguides.com
Previous post and a background reference to this video
SPX500 SHORTHi guys this is my idea for SP500 index, Stop loss at 2960 because it could go for new high's at 3100 if liquidity will came in
Markets seems that they have lost momentum, so I expect a retracement at 2650, that is short term target trading range for next weeks would be 2650-2900, medium term target is March's low, and if it breaks that support next support is and Long term target 1800 pips
The basis for this analysis is that covid-19 crisis is at the beginning, I don't see a V shape recovery pattern,these months we have dealt with healthcare system crisis, now we will face bankruptcies, bailouts and negative balance sheets for the 2nd and 3rd trimester.
Have a Nice day and come back for updates weekly.
short #sp500 at 3180 with tp 1 at 3155 and tp 2 = 3130a very small correction sceneraio even we' think about Xmas rally i keep my position
if he go to 3200 i add 1 lot and add a tp 3 at least at 3100 and 3035 my finak
coz in fact the deal are not what expected marke and i bet on a TOP now or a bit up if market still wanna rally for xmas
if market push up stock fpor free as he bought already the rumours and the new are done and lower than expected will mean its politic control the pmarket and this i no wantr to believe