Volatility jump incoming.The turquoise trace matches nicely for the spacial orientation of the recent level behavior.
The indicators (Momentum on top, and RSI on the bottom) also appear to match each other, in-phase.
SP500 crashing now? I think it has already begun! :)
Follow along for updates to this idea, and many more!
Good Luck, God Speed, love & Light to All!
Sp500index
Brilliant pattern US30Dow Jones index H4 chart... we see brilliant pattern. This chart is in uptrend and this pattern will show us next move... I'm bullish on this chart ...
SP500 : Inminent Bullish Breakout good morning traders,
There´s a Wolfe Wave pattern on SP500 , and despite the downtrend in 2022, I expect a bullish breakout,´
Only below 3900 bulish scenario is cancelled
Fundamental reason supporting the decision is primarily inflation: peaked on June
tradingeconomics.com
Josep Pocalles
🟨 Recession = More VolatilityWHAT IS IT
Modelling previous moves of the S&P500 Recession & Non-recession moves, we can create a model for 2 scenarios:
Non-recession Bull *Cyan*
Recession Bear *Orange*
HOW TO USE IT
Bear markets have never ended before the start of recessions, so a recession would likely mean new lows in the market indexes. The stock market tends to lead the economy out of a recession, too, by an average of four months. Absent a financial crisis, the recession should be shorter than recent cases. The orange line in the chart below shows the average performance of the S&P 500 nine months before the end of a recession bear to three months after, which would align with a 9/30/2023 recession end date.
The average recession bear decline is 34.6%, but a milder recession could equate to a smaller-than-average drop. To date, the 2022 decline is in line with the average non-recession bear. The market took the Fed’s threat to push the economy into recession seriously, so for now, the policy mistake scenario is in play.
Dow Jones Analyze (Road Map)🗺️(Update)!!!As I said in a previous Idea about Dow Jones, If DJI touches 31885$, we can verify the first scenario.👇
DJI will make the Expanding Leading Diagonal, and I expect that DJI will go down to the end of main wave 5(zones).
Dow Jones Analyze (DJIUSD), Timeframe Daily⏰(Log Scale)
🔴Resistance zone: 33700$ until 33260$
🟢Heavy Support Zone: 31260$ until 29680$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SPX - The first to shows up Bull signalComment :
1) SPX has fallen since it false breakout (FBO) in mid-Aug. SPX, the first to have Bull signal among US major indices, finally shows up Bull signal on last Friday (14-Oct), indicating a short-term rebound. Short-term supporting price is lowest of 14-Oct that is 3579.68, this point must not be broke else the rebound will be ended.
2) TrendX+ indicator - candleestick moving below red trendline, mid-term downtrend underway.
3) DDX+ indicator - Bull signal shows up, looking forward a short-term long position.
4) MCDX+ indicator - weak, a little of banker bar (red), while retailer bar (turquoise) has occupy more than 50%.
Support & Resistance :
S : 3579.68 +/-
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Long term Bearish signs SP500 - MT 3200Rejected from top of descending channel with double top figure.
Closing under the 1-day 50MA and Supertrend.
Opening Boiler Bands with a down move toching it.
1s Targer 3500 - 50% fibonaci level and bottom of last move.
2nd Target (Main Target) 3200 - 61.8% fibonaci level.
3rd Target (REKT) 2760 - 78.6% fibonaci level.
This was post 2 days ago, sorry been very busyApologize, will TRY & keep posting here as well. Hard to post with all the info and multiple charts we provide
VIX filled gap much faster than anticipated... We resold the $VIX Puts bringing premium & do not mind getting put (January)
2 days ago
Running $VIX working well
DEMAND out of $ options, protection likely
Even stated markets $DJI $SPX $NDX had more⬆️
***Called 2 things that more than often DIVERGE***
If that doesn't deserve some credit
Anyway
Holding #VIX for long term, HEALTHY
#stocks #options
Eventual fill 2023
Haven't been posting but VERY ACTIVESorry for not posting but tend to copy paste data to here and been very busy
$SPX had ACCUMULATION, last day was 11/30
**************Yesterday was 1st sign of DISTRIBUTION**************
#SPX weekly shows LONG TREND in tact & BULL moving avg crossover, for now at least
$VIX #VIX no longer coinciding with
IN-TER-EST-ING
The 4th Horseman of the Apocalypse"When the Lamb broke the fourth seal, I heard the voice of the fourth living creature saying, “Come.” I looked, and behold, an ashen horse; and he who sat on it had the name Death; and Hades was following with him. Authority was given to them over a fourth of the earth, to kill with sword and with famine and with pestilence and by the wild beasts of the earth."
Congratulations. If you've been following my ideas then you've done very well for yourself this. Sadly, all good things must come to an end and we must bring this bull run to a close. However, not without some spectacular fireworks at the end to give everyone hope things are turning around. Overleveraged governments and companies will collapse within the next 3 months causing spillover across the globe, glorious. I'm scaling into puts as we've hit the peak of what should be expected (don't be surprised if we get 400) and am going all in on this play on the 24th. God speed to you all and I hope to see you alive in the apocalypse once the dust has settled.
Previous posts:
ES - Opinion on Near Term DirectionHere is my current expectation on direction for the S&P.
The short term path will involve more deceptive corrective moves.
The take away idea I intend to convey is that I'm expecting the down sloping trendline to be taken out leading to a sustained move up.
This will provide a good opportunity on the long side. Be prepared to get long for a few months.
S&P 500 - I see supportOverall Powell sounded more hawkish last night thus market took a little dive but things could start getting better today as the market is estimating a 5-5,5% final rate.
Let's not forget that inflation eased which is a good sign.
In the meantime, SP500 is in a strong structure and at support 3980 at the moment , most likely to rebound towards 4072 today.
One Love,
The FXPROFESSOR
SPX Daily TA Neutral BearishSPXUSD daily guidance is neutral with a bearish bias. Recommended ratio: 45% SPX, 55% Cash.
* The FOMC announced a 50bps rate hike today and adjusted their Dot Plot to reflect a 5.1% FFR in 2023 . Markets rallied prior to the announcement and then fell shortly after, though this could have been a short-squeeze, Equity and Crypto markets could see more downward pressure as investors return to Bonds; currently FFR futures traders are anticipating a 75bps rate hike on 02/01/23.
DXY, US Treasurys (mixed) and Natural Gas are up. US Equities, US Equity Futures, Cryptos, Commodities, GBPUSD, EURUSD, JPYUSD, CNYUSD, HSI, NI225, N100 and VIX are down.
Key Upcoming Dates: Next GDPNow US Q4 GDP estimate 12/15; US November New Residential Construction at 830am EST 12/20; US Final Q3 GDP Estimate at 830am EST 12/22; US November PCE Index at 830am EST 12/23; UofM Consumer Sentiment Index at 10am EST 12/23. *
Price is currently trending down at $3995 and is at risk of breaking below the uptrend line from 10/13 after being rejected by the 200MA at ~$4035 as resistance. Volume remains Moderate (high) and favored sellers for a second consecutive session; Price briefly touched the VP Point of Control at ~$3970. Parabolic SAR flips bearish at $3920, this margin is bearish at the moment. RSI is currently testing 52.68 as support after crossing above it to start the week. Stochastic remains bullish and is currently testing 43.62 resistance. MACD remains bearish and is currently at risk of denying a trough formation at 33.08 support; if it loses 33.08 support then the next support (minor) is at 10.73. ADX is currently trending up slightly at 16 as Price attempts to defend the uptrend line from 10/13, this is neutral at the moment.
If Price is able to bounce here and reclaim support of the uptrend line from 10/13 at ~$4032 (which coincides with the 200MA), it will have to break above $4058 minor resistance in order to retest the upper trendline of the descending channel from November 2021 at ~$4150 as resistance . However, if Price continues to break down here, it will likely retest $3913 minor support . Mental Stop Loss: (one close above) $4058.
Bull flag on SPX MonthlyMonthly SPX looking super bullish. A super bull flag has formed. I suspect either 2024 or even Q2/3 of 2023 could see a strong breakout of this flag's upward channel line.
Step 1 was to breach the downward trend line
Step 2. will be to do so convincingly
Note we do not expect a hard confident break of the downward trend line this month or jan-Mar.
I suspect we will see consolidation along the downward trend line before the bull is opened up.