S&P500 Monthly- Long term chart. Bearish RSI divergence, 1600??S&P500 Monthly- Long term chart. Bearish RSI divergence. 1600 worse case target.
Sp500short
SP500 / SPY / DUMP INCOMING1. testing ath
2. rsi divergence (dump)
3. volume + acceleration declining
4. bitcoin will drop most likely aswell, since those two pairs are correlated (Btc couldnt pass ath today)
sell 3189 and 4 tp step by stepsell 3189 and 4 tp step by step
as all time with 2 lot
1st lot will close at tp 2
2nd lot will let run and make his stop at the tp 1
FED Funds indicate big move is coming this autumnChoppy trading in SP500 continues. All declines were bought back quickly last week. It seems to be positive. However… Advance Decline Line doesn’t support this. It is negative in a short-term perspective. Based on cycle studies we can expect to get buy signal around 10 – 15 August. Till that time we will likely see more choppiness with a bias to the downside. I don’t think we are entering another wave of huge sell-off. We had a nice rally in this market and decline is just a normal pullback. GDP showed a big decline last week, but it turned to be positive for stocks as Powell said FED will do all to support the market. We have an interesting forecast based on FED Funds – a huge rally is coming at the end of September. Recent 2 years FED Funds has been one of the best indicators for swing traders. Let us see how it turns this time. For now, I keep focusing on very short-term trades.
Get this #DJI-FAILED_MONEYPRINTSmart money shorts this bitch. It's over, gone, ended, finished. fcuk 'er bud!
negative RSI divergence S&P500 dailyRSI divergence is a very accurate leading indicator imo, does not look good for the price action here.
This is not financial advice
sell at 10854 and tp under 10000sell at 10854 and tp under 10000
do with 2 lot
first lot cut in half of target like 10480
lot 2 made a stop loss at 10600 as exemple when he reach less than 10500
if you see the volatily very high coupled with a bed news.u can go down than 9950..just do a traling stop manulally
SPY: Elliot wave analysis: Big week ahead!Analyzing 4 HR chart of SPY: Counting the waves in a shorter timeframe makes it pretty clear that SPY has completed 5 impulse waves and is currently going through the corrective phase. Huge divergence on most momentum indicators, volume, and fundamentals can make the corrective wave C an extended one. Currently projecting a drop to 0.38 fib level ( 283) or 0.5 fib level ( 271). We may get a retracement back to 306/308 before we resume move. Either way, we need to see a clean break of 297 print level before we see any downside. This week promises to be eventful so stay hedged and trade smartly.
COVID-19 Resurgence Scare - Bearish Flag Forming On 4h Chart!$SPY looking weak and with COVID-19 resurging and fears of future lockdowns. I think this calls for a pullback. This week all the way into next week.
SP500 Short IdeaSP500 started dropping below trendline. I think this is high for the day, I short here. I think I'm good to at least where I put TP.
Disclaimer, this is not trading or investing advice, just for entertainment and education.
S&P500 In TroubleGet out while you can and take some profits. This week was the last chance to make the case for a bullish breakout. Uneasy news of new coronavirus cases, riots, and slower than communicated recovery. At minimum a correction to 3000, then it might pop again but faily to break the trendline. Once that happens, it's a deterioration of market conditions and confidence in a new bull market. To me, this confirms a bear market rally. Look out below!
Fear is building.Looks as though we turned the corner on fear last week with that island in the sky reversal.... seems as though the fear is building, and I don't see that fearing being quenched by the market manipulation efforts.
SP500 bounced off level, I short hereSP500 bounced off near level 3131, I short here.
Disclaimer: This is not financial or trading advice, it's just for entertainment and education.
S&P500 volatility analysis shortVolatility finally came back to the stock market last week. And, it looks like it’s going to stick around for a bit. It took two buy signals before stocks rallied in February. And, it took four VIX buy signals before the market finally bottomed in March and the recent “greatest rally of all time” got started. Traders should probably wait for at least a second VIX buy signal before trying to buy the dip.
Trading plan for S&P500 - Short Strategy – ES1Zone Sell : 3004
Target : 2970
Zone Sell : 2954.75
Target : 2935
And don't forget to take your profits...
SP500 Going UpLiberal media trying hard to send the world back to the stone ages... Not gonna happen!!
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...
What to expect in the near future!!The turn in price movement on June 11 confirmed an end for the S&P 500 retracement. Now that the overall trend has been confirmed to be bearish, I have presented three possible scenarios for major support. These Fibonacci levels (violet color) are support levels of the 2009–2020 bull rally. The levels with a green and yellow background are Fibonacci extension levels for the bear movement.
S&P 500: Six real signs of an upcoming crash.Hi traders,
Here's a quick overview of the main reasons why the S&P500 could enter a one-way street in the coming months.
Any comments are appreciated. Thanks.
1. The index is less than 5% away from record highs, yet US unemployment rates are sky-rocketing, the country has officially entered a recession, and other regions will likely follow.
Global growth forecasts have been lowered to -5% (the lowest since WW2) and corona-fears haven't dissipated yet. Company profit margins have been badly hit and many will have to close doors.
So what is the S&P500 doing there at above 3,000?
2. The put-call ratio reached marginal highs of 1.97 (a year earlier it stood at 1.06), signaling extreme greed in the markets.
3. The Buffet Indicator, which divides the total market cap with the US GDP , stands at extremely overvalued levels of 150%. During the dot-com bubble, the indicator had a value of 130%, and just before the 2007-2009 Great Recession, a value of around 108%.
4. The Q Ratio, measuring the market value of equities vs their net worth, is at all-time highs . The last time it reached record levels was just before the dot-com bubble and just before the 2008 economic downturn. Sounds familiar?
5. We're currently in the longest bull-run ever in history . The previous longest bull-run lasted 120 months (10 years), from 1991 to 2001.
6. And finally, looking at a typical bubble chart, the March uptrend resembles much that of "bull trap" and "return to normal" phase.
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