Is this the bottom, up from here?More than 50% of the stocks in the SPX are now back above their own 200 day moving averages, and trending up, after reaching a low of nearly 90% below their 200 day MA. The intensity of new 52 week lows also seems to be decreasing.
Is this an early sign the SPX itself will move back above it's 200 day MA?
Sp500index
Will SP500 rise to 4300?Although, in my opinion, there is not any fundamental reason behind it, SP500 could start rising in this first part of the year.
There is a very good saying between traders: "trade what you see, not what you think" and, what I see are 3 weeks of rejection from the 3800 zone.
With this in mind, if this 3800 low remains intact, we can have a nice rise from SP500 and, if the index manages to clear also 4k zone, 4300 resistance is a reasonable target.
💾 S&P 500 Index UpdateWe will keep it short, sweet and simple.
First, the FED for whatever reason will decide to stop tightening sooner than expected or will decide to make much smaller rate hikes... For whatever reason; better for us.
The SPX will move up as you see the green arrow and break the orange trendline...
Not necessarily right away or maybe right away... Bottom line is we go big green by the end of the month.
Everything will start to accelerate after half January and pick up speed after the third week of the month.
I love you!
Namaste.
I could be wrong but..Just an idea, I definitely could be wrong. everybody is talking about a 2023 recession but the sp 500 has closed 3 weeks in a row near the high of the week. Sure its in a range but 3 bullish hammer candles in a row on the weekly chart? there must be some sort of institutional buying at the 3800 level because every time we go there I see a bounce back up. I feel that a possibility that would be the against the crowd is a strong move up on equities. I feel that a move lower is kind of expected, its the consensus and as we know the market moves against the crowd most of the time. I do believe we are heading lower at some point this year but keep you guard up for a strong move up to flush out the shorts followed by a move down when its least expected.
from a trading perspective I will only be bullish above 4100. i feel the likely scenario is a pop to 4050 followed by a strong move down
let me know your thoughts in the comments below I do respond to all comments. have a fantastic weekend :)
SP500 waiting for the NFP 🦐SP500 on the 4h chart is trading between 2 structures and today's release of the NFP data can show us some break of those levels.
The main outlook remains bearish at the moment and it can be risky to trade this kind of event on the last trading day of the week.
How can i approach this scenario?
I will wait for a break of the support area and if that will happen i will be looking for a nice short order according to the Plancton's strategy rules.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SPX- Which way?After the break back under 4k, SP500 started to consolidate and is trading in 100 points up and down for almost 3 weeks now.
The overall trend is bearish so a down break could be next. In such a case, the recent 3.5k low is exposed. This scenario has a negation above 3950.
On the other hand, a break above the resistance of the range could lead to some gains and even to 4200.
For now, to wait and see could be the best approach.
SPX - What are they not telling us about the Interest Rate?Hello Traders and Investors. I hope you are doing well.
In front of you you can see the SPX (S&P 500) chart and in white is the U.S. interest rate chart.
Everyone is screaming that interest rate hikes are causing markets to fall, and there is certainly some truth to that, but just look at history.
Why are we being lied to?
Look closely, this is not something that bloggers who draw lines and figures on the chart show you. Raising the rate used to drive the price up, lowering the rate to drive the markets down. If the rate didn't change, the price went up.
Now the interest rate goes up and the markets are in a downward movement. Where is the correlation they are talking about?
The year 2023 will be the year the markets recover! Bitcoin is an asset that will bring +200% - 300% this year.
All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
S&P 500: A consolidation is possible on 30' chartHi everyone!
From a technical point of view, S&P 500 could trigger a bearish consolidation (scalp) on 30 minute chart, let's look at what will happen in the next few hours and if the conditions are met, we will publish some updates on intrady chart.
Thanks for your support, like & comments!
Trade with care!
Historical buy opportunity in DisneyThe algorithm is showing Disney in a very important historical support zone.
In the chart you can see the historical channel and how the price is approaching the support line. Furthermore the 80$ is a key support that if it's lost could move the price to 43$ easily because there is no other serious support or historical volume.
So, by buying slightly over 80$ or even 90$ you can use a very tight stop loss and unlock a potential of 60% to the first take profits or even 120% if the prices goes back to maximum price.
Right now and leaving in the first take profits, you can risk 1$ to earn at least 6$ which is a crazy risk reward ratio for any trader.
S&P 500 (SPX)/Producer Price Index (PPIACO) Leading Market LowerToday, I wanted to share a chart setup that was inspired by @Badcharts that highlights the ratio of S&P 500 (SPX) / Producer Price Index (PPIACO) correlatio n — which, as @Badcharts recently highlighted on a Twitter space led (or very closely correlated) with the downturn in the S&P 500 (SPX SPY ES1!) starting in late 21’.
In addition to this, I wanted to layer on the S&P 500 (SPX), Unemployment Rate (UNRATE), & U.S. Recessions as these (3) inputs seem to have a very intersting correlation to the relative predictive timing of previous recessionary periods — both in 01’ & 08’.
I’ve also added the “MACD Indicator” (bottom indicator) & the “Distance from Moving Average” (first indicator), using the SMA 144 & 200 Bar Lookback as these help highlight overbought/oversold conditions in the ratio of S&P 500 (SPX) / Producer Price Index (PPIACO) — which could help you identify tactical market positioning opportunities (long or short).
Here is the chart key for this setup: 📊🔑
Black/White Bars = S&P 500 (SPX) / Producer Price Index (PPIACO)
Blue Line = SPX (SPY ES1!)
Orange Line = Unemployment (UNRATE)
Vertical Black Dotted Line = Pre-Recession Ratio Peak (SPX/PPIACO)
Vertical Orange Dotted Line = Pre-Recession Unemployment Trough (UNRATE)
Vertical Blue Dotted Line = Pre-Recession S&P 500 Peak (SPX)
1990 - 2023 Overview (Monthly) 📊
*2001 Recession* (Monthly & Weekly) 📊
*NOTE: First indicator peak/trough to last indicator peak/trough = 5 bars (months)*
Peak (SPX/PPIACO) = Mar. 00’
Trough (UNRATE) = Apr. 00’
Peak (SPX) = Aug. 00’
*2008 Recession* (Weekly & Daily) 📊
*NOTE: First indicator peak/trough to last indicator peak/trough = 5 bars (months)*
Trough (UNRATE) = May 07’
Peak (SPX/PPIACO) = June 07’
Peak (SPX) = Oct. 07’
2023 Recession? (Weekly & Daily) 📊
*NOTE: First indicator peak/trough to last indicator peak/trough = 7 bars (months), but no “technical recession”…*
Peak (SPX) = Dec. 21’
Peak (SPX/PPIACO) = Jan. 00’
Trough (UNRATE) = July 22’
What are your initial thoughts & observations from this chart setup? Let me know in the comments below! 👇🏼
Bear flag on SPY WeeklySpy is looking weak right now. This huge spike-up couldn't hold this morning. It has respected this up trend line for 3 weeks now. I doubt this up line will hold another week. We may even see it collapse this week. The daily chart is just as ugly. I expect a big move to the downside is coming in the near future. buyers are drying up. Green volume is down. We will see what this week has in store, however I think we're headed further south.
A view on Equities vs. Gold since 1921: Will the tide turn soon?This is a long-term view since 1921 for myself to check later and for all my followers who are interested.
You see periods where it was more beneficial to hold Gold and you see periods where it was more beneficial to hold Equities.
The question is, are we on the verge of a breakout to the upside, so that the tide will soon turn in favour of Gold, and how long will the phase last?
40 Bar Cycle Chart - S&P 500 SPY SPX Q - Updated 010323After a sloppy last few weeks of trading to wrap up the year-end 22', SPY closed right around the (Q4/22') SPX JPM J.P. Morgan Quarterly Collar sitting right at $3,830.
Looking ahead to the month of January, we have lots of upcoming data including December Inflation CPI, Jobs Report(s)/Unemployment Data (UNRATE), Producer Price Index (PPIACO), Leading Economic Data such as the OECD Composite Indicators (USALOLITONOSTSAM), Upcoming Q4/22' Earnings Releases, etc., of which is seems markets are staying relatively "pinned" for the time being until this data starts hitting the markets & investors come back from the extended holiday season.
Per our "40-Bar Cycle" chart, while I expect that this next down-leg in SPY SPX will likely play out as shown in the in the charts. However, do keep in mind that there are some seasonal tailwinds & also some tailwinds for markets regarding mid-term election cycles.
Here is what history tells us about pre-presidential election mid-term seasonality: 🇺🇸🗳🗓
“Third year pre-presidential election is the strongest.” (Up Double Digits, Historically)
Dow = 19.3% (Since 1949) Dow Jones Industrial Average
S&P 500 = 20% (Since 1949) SPY SPX ES1!
Nasdaq = 29.3% (Since 1971) QQQ NQ1!
Election Cycle Data 📊: twitter.com
Election Cycle Data 📊: twitter.com
Election Cycle Data 📊: twitter.com
Election Cycles Data Explained via Twitter Space 🔊: twitter.com
SPY Daily Chart Template
www.tradingview.com
Which camp are you in on the short-term (Q1/23') direction of markets?
Camp A: We are likely we headed for new lows in Q1/23 (Lowering, But High Inflation aka Stagflation + Persistent Price/Wage Pressures + Hawkish FED + Downward Earnings Revisions/Misses).
Camp B: We are likely to break the downtrend into Q1/23', as mid-term election/pre-presidential cycle seasonality kicks in & also as the economy proves more "strong" than many are discounting (Peak Inflation + Light Deflationary Forces + Dovish FED via Pending 'Pause' + Nominal Earnings "Resiliency").
Let me know your prediction in the comments below! 👇🏼
1871-2022 S&P 500 Secular Bull vs. Bear Markets SPX SPY I wanted to share this chart, as a couple of things stood out when thinking about past bull & bear secular market cycles vs. the current secular bull market that we’ve been in for the last 10+ years since the 08-09’ GFC (Great Financial Crisis).
First , for those who say “investors can't or shouldn’t time the markets", I very much disagree with this logic (or Wall Street marketing) as there are plenty of signals, cyclical trends, leading indicators, etc., that give investors clues as to what likely lies ahead — based on probabilities.
And while nobody can be 100% certain as to the exact pathway of markets, given the macro cross-currents that are in front of us — we can 100% say that we have been & still are in a secular bull market. Until this trend changes, the “crash” that many were calling for in 22’, if not expecting for 23’ could possibly take longer to play out than many realize when looking at previous bull vs. bear secular market cycles.
Second , looking at the attached chart(s), this is also why timing and duration matter.
If you are entering retirement toward the latter part of a secular bull market, it might be best to reduce risk & shift from capital appreciation to capital preservation. Examples of this include leading up The Great Depression, 1950’s post-WWII boom prior to the 1970’s Stagflation Era, & into the end of the Tech Boom of the .com era leading into 2001.
On the flip side, if you are in your saving years (20’s-30’s+), then it is during these secular bear markets that you really want to be accumulating & building your asset base for the next bull market phase that is likely ahead in the coming years as the trend higher always begins during the bear market bottoming process (see dotted black lines on charts).
Third , looking at the current cycle & zooming in on the charts from yearly (large picture) to monthly chart — we can see that we are still technically in a secular bull market. And considering the previous two major bull market cycles of the 1950/60’s (18 years) & 1980’s up until the early 2000’s (19 years), one could make a case that we are only about halfway through this current bull cycle (9 years).
Do I think this is absolutely the case? Personally , I do not as there are issues regarding demographics, de-globalization, inflation/stagflation/deflation, boomers retiring en-masse, etc., that will likely put further pressure on asset markets throughout this decade.
What do you think about this historical analysis?
Are we going to break this secular bull market cycle & enter a secular new bear market?
Or, are are just in a corrective phase within the broader bull market cycle?
CHART NOTE: Recessions = Shaded Red Areas
Chart #1 (Yearly): *1871-2022* 📊
*Inflation Adjusted Returns Chart Data via Advisor Perspectives*
www.advisorperspectives.com
Since that first trough in 1877 to the March 2009 low:
Secular bull gains totaled 2075% for an average of 415%.
Secular bear losses totaled -329% for an average of -65%.
Secular bull years total 80 versus 52 for the bears, a 60:40 ratio.
Chart #2 (Yearly): *1871-2022* 📊
*Inflation Adjusted Secular Highs & Lows via Advisor Perspectives*
www.advisorperspectives.com
Chart #3 (Yearly): *1871-2022* 📊
*Inflation Adjusted Regression to Trend via Advisor Perspectives*
www.advisorperspectives.com
Chart #4 (Yearly): *1871-2022* 📊
*Inflation Adjusted Regression Channel via Advisor Perspectives*
www.advisorperspectives.com
Chart #5 (Monthly): *1920-1972* (Great Depression & Post-WWII) 📊
*Note that during the Great Depression/WWII, as Ray Dalio has pointed out in his recent book "The Changing World Order" this was a prolonged period of negative to very low returns.*
📖 www.economicprinciples.org
Chart #6 (Monthly): *1972-2022* (70’s Stagflation, 80’s "Greed is Good" markets & 90’s dot.com Boom, 08’ GFC, & 2010’s QE 1/2/3, 20’ Covid Crash, & 21-22’ Inflation/Interest Rate Shock Correction) 📊
*Note that we are still in a secular bull market uptrend, when looking at the monthly charts. Until this trend breaks down, there is market support for a continuation of this trend.*
Pre-Covid High = Red Dotted Line ($3,393.52)
Post-Covid High = Green Dotted Line ($4,816.62)
Chart #6 (Monthly): *1871-2022* (MACD) 📊
U.S. Stock Market: What To Expect In 2023? 2022 has become the most volatile year in a decade: the world economy is going through tough times, central banks are struggling with high inflation, and the stock market has been under pressure from a bearish trend since the beginning of the year. Will the situation change in 2023 and what should investors expect?
The main reason for the decline in the U.S. stock market this year has been higher inflation and the U.S. Federal Reserve's (Fed) response to curb inflation. June saw record inflation data which broke a 40-year high and cemented a bearish trend in the market which had been going on since the beginning of the year.
As history shows, the average bear market since World War II has lasted 14 months and resulted in declines of more than 30% from previous highs. The current trend has now lasted more than 11 months. From this, we can conclude that statistically speaking, we are two-thirds of the way through.
In addition, one of the fundamental reasons why the market will show strong growth soon is the excess of money from investors. A serious bear market forms precisely when people start selling stocks when they are in need of money. Right now, investors are selling stocks simply because they are afraid of losing value. But such corrections always come to an end pretty quickly, replaced by an equally tumultuous rise. Investors are holding huge amounts of cash right now, and the money supply is at record levels. That gives confidence that markets will rebound quickly. Better now is the opportunity to buy companies with strong financial fundamentals at a discounted price.
In addition, inflation in the U.S. continues to slow: November data showed a decline to 7.1%, which exceeded analysts' expectations. The dynamics of inflation and the rate of its slowdown are a certain signal of the Fed's successful policy, giving additional hope to stock market participants that the regulator will start easing its monetary policy this year.
Basically, experts consider three scenarios for the U.S. economy this year:
Optimistic Scenario. Economic activity continues to slow down, and the economy remains under pressure, but growth remains at 1%. Inflation slows at an accelerated pace, and the Fed may cut the rate to 4.25%, by the end of 2023.
Moderate Recession. The economy may experience a mild recession during the first half of 2023, but by the second half of 2023, economic activity recovers, the Fed cuts the rate to 4.75%, and signals further easing of monetary policy while maintaining a downward trend in inflation.
Stagflation. This scenario is based on a more sustained inflation trend in 2023, which encourages the Fed to take more aggressive steps and allows rates to be cut only to 5.5% at the end of 2023. However, the likelihood of this scenario developing is very low, as inflation is already showing a good rate of deceleration.
At the same time, some believe that the U.S. can avoid a recession this year and go with the optimistic scenario. The stock market is supported by strong economic macro data and some issuers have already proven their ability to withstand a rate hike. The stock market has fallen on fears and expectations last year, but in such situations, fear quickly changes to euphoria. There is potential in the U.S. stock market, and we should not rule out the possibility that the S&P 500 index could gain 15% in 2023 from current positions.
Time Cycle analysis SP500I'm in the camp that believes the S&P500 is in a megabubble. The pattern that has formed over the past 25 years is identical to most other bubbles with each feature being clearly defined.
I'm a huge fan of cycle analysis and use it on shorter timeframes for trading. However here we are looking at a more macro level analysis using only large cycles. Cycles on this time frame are never going to be precise, and only provide a general range to watch for bottoming processes at.
The current red cycle shown has the next trough (buy zone) around the middle of 2024. That coincides with the approximate time the fed has stated it will begin reducing rates, which gives it some extra validity (even though I came up with these cycles way before the crash even began!).
There is also a double cycle trough zone in 2028 and 2029 afterwards, usually such a pattern signifies some type of double bottom.
If these cycles are correct, there is huge opportunity to be had from the 2024 cycle trough going long. If that is not 'the' bottom of this crash, then a significant rebound will likely still happen from that area.
This overall 20 year long pattern does not end well in nearly all cases I have seen it, and in my opinion has the potential to bring the S&P 500 down into the 2000-2400 area. Do NOT underestimate how low a crash can go before it bottoms.
It's also worth taking a look at the volume profile that has formed over the course of this megabubble.
And as always, this is my personal opinion and is NOT advice and your own trading is at your own risk, do your own DD.
s&p500 predict it will move downward toward the last supportwe see that s&p500 is downward .
But at the begining of the new year we are waiting it to reach the support shown in the graph.
if it reaches it . we can enter with a strong long position and wait for good results.
The most important is not entering at anyplace. Missing some point is more important that be in trouble with getting margined in this market.
we must keep stoploss as shown here
S&P500 Analysis 29.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: