Sp500short
SPX, welcome to new recession. Dear Gamblers,
I never thought I would make such statement, but I have reasons to believe that coronavirus have just triggered the new recession.
Prepare yourselves, this is gonna be painful.
Nobody likes to wake up from "the way overvalued market" but it is like it is.
Strategy:
You can choose whether to say in cash, buy bonds (preferably treasuries) or just short. Bear in mind though that shorting for long periods is expensive, be aware of the fees you will face.
I will be shorting SP500 with an INVERSE ETF from 2830 that will be my entry point with stop loss at 3500. This is a risky play, for more conservative investors i would reccomend the two above.
I am projecting a 3-4 year crysis. Bear in mind that will be huge, you just have to look governments debt compared to the growth.
TIPS TO SURVIVE: Finish soon to pay all your debts, this will smooth the hit.
Stay safe,
BeniGo
***I am not your financial advisor neither I intend to be, do your own research before puting your money at risk***
SP500 Decision time - Short to the ground below 200dma weeklyS&P500 declined over 7% today exacerbated by OPEC politics and the outbreak of COVID-19. The market isn't being entirely reactionary to the mishandling by current administration, but is also pricing in slow growth in China.
Predict that with no progress, little chance of containment and the end of q1, market will start pricing in slow growth globally (USA, EU, UK, Canada, etc).
The 7% decline today is the 17th largest decline in SP500's recorded history. Aside from 1987's 22% decline, drawdowns in the 7 and 8% range in a single day have only ever occurred during two market cycles, 1930's and 2008.
Play cautiously, zoom that chart out, raise some cash, lock in profits on a dead cat bounce and manage risk... Short it to the ground if 200dma is lost on the weekly time frame
S&P 500 Stock Market Crashed Below 3000.00| 28th February 2020The S&P 500 has being in a bad selling. From starting Monday 24th February 2020 - Friday 28th February 2020. The stock has been free fall.
Stock investor in a fear. Panic. They was selling the stock and the sell out has been in significant by Thursday 27th February 2020.
No buyer in the market this week. Sharp fall down price from S&P to the wall street indices. While the coronavirus reported to be in the climax state of pandemic.
China not buying anything from oil to sugar to wheat. While demand is increasing on the Soy Bean from around the world thus the price of Soy Bean increasing. Soy Bean is among top 5 export item from China. Exporter not export Soy Bean thus making the price in demand. Copper price also did a significant drop since no buyer towards the items.
Thus the exchange money to Dollar has significantly drop. While many other companies in top 500 listed fortune has suffered the major impact in this beginning pace towards the coronavirus due to the exchange trade of China. Many companies was heavily rely towards China in manufacturing mostly in electronic part and spare part.
Referring to the OEC, China import oil almost 9.4% which is the biggest buyer in the world to sustain their 1.1 billion citizen. In the other hand, oil price will keep on dropping since there are big supply on the market which to balance the buying trade in the industry while the oil was producing in the same quantity.
Thus, stock S&P 500 will witness the biggest drop in history.
To be continue..
By Zezu Zaza
Sell #sp500 at 3377 with 3 tp for reach the minimum of 3256Sell #sp500 at 3377 with 3 tp for reach the minimum of 3256 this market is a big bubble may it will come to take psy level at 3400 and a bit more but take this trade with low leverage and keep it
the plan to secure the gain and TO NOT LOST if come from buuble to capitalisation is:
- when reach target 1 make you stop lost at 10 pts down your entry level so at 3366 and do the same for each target + or - 10 pts from target or entry point,like a trailing stop bvut you do it manually
i think it can go to psyu level to 3400 and a bit more or made tradfer think it iwll go and just 5_10 poitns before made a reversal
i think about the 30 000 poits on dowjones too that Trump had told about
the market up only because election and this far not reflet the value of companie
you look at the 2018 earning and 2019 earning and you compare to the level of sp500,nasdaq,dowjones right now its totally amazing especially in this szhould be risk off mood ,but not because central bank inject cash near every day,but one day reality will back,i prefer be in now thatn waiting a selling signal and to miss more than 1000 pts becausez the selling signal will be like when pass my target 3 so you can imagine target 4,target 5 ect..till 3100 minimum if it starty to enter in bear market
#S&P500, Time to sell?The S & P500 is on the rise.
At the moment our sell signal is about the price correction and not about a new trend.
The Stochastic Daily Graph is located in the top third which is a great area to sell.
The RSI is in the 70 area which is Overbought and it is a good time to sell.
Target: $ 3260
#SPY $SPX500 #SP500 catching the Top, any Bears alive?Hello My fellow Bears, so before I share my thoughts I want to just tell you that shorting the SP500 was not a good Idea.
Major Uptrend Longest Bullrun in History, Fed pumping liquidity , Stock Majors Buyback Excess and Trump Tweets.
And by the way the Oval Office released a note that there will be a 11 am EST an Pressmeeting - just right about the overnight time when Major Index began showing some Weakness - Coincidence or do we see a new "Stockrocket All Time high" Tweet by Trump Today?
I was able to get my Short Position on the SP500 right after the Overnight Break, with a very tight Stop Loss just to be protected against any irrational Market Move caused by some Tweet.
My Key Area was the SP500 Trading around 3330 and how it will behave around there.
So what is the Pirce doing on 4H timeframe
Still Above 50 EMA
Still above 200 EMA
4H Stochastic pointing down
lower high on the RSI while price is making higher highs
Targets
50 EMA (green)(if it Holds the price this will probably move again up)
100 EMA (purple)
200 EMA (red) this is my First Major Target if this Short plays out (Probably i am going to close the half Position there, it all depends how we would or could arrive there, if we overshoot with this Pullback I would set my Stoploss into a Take Profit right Above the 200 SMA and let it run.
Target Area Explanation
If the SP500 would Pull Back from 3330 Area it would target next Support Zones and would be still in a Major Uptrend.
0.236 Fib Retracement vicinity
200 EMA and 200 SMA on the 4H Timeframe for Support
lower Rising Trendline from the rising Channel for Support
Market could retest the 3200 Area were we had some Volatility at the Start of January.
So if you are holding a Short or having thoughts about opening one, just be prepared to watch these key Levels.
Happy Bull-Hunting and Trade Safe.
S&P500 SHORT AFTER BIG AB=CD DAILY CHARTPrice end Big AB=CD then make a sneak attack and now we got a blue engulfing candle that probably will be deleted
Price can easily go under the D point of the AB=CD and then go to retest the daily Sma200
I also post shorts at DJ30 and Nas100 , all show strong tools that price need 2 go down.
Also, more tools that I don't have here at this chart are showing me that a strong down move needs to come very soon.
Let's see in 1-2 months...
SP500 - The End of a Century Plus - Strong Sell - Part 6TVC:SPX remains a STRONG SELL!
This is a continuation of the SP500 analysis that was started July, 2018.
SPY has completed a 5 Wave Super-Cycle (143 years) and is now in a correction phase.
An 'Irregular Correction' is when the B Wave exceeds the Terminal 5th Wave.
It is my opinion, the Private Federal Reserve is running out of monetary 'ammo'. The private bank can no longer raise interest rates and is now being forced to cut rates in an objectively 'good economy'.
All gains can directly be correlated to the Private Federal Reserve's monetary injections.
The Hedge: Cryptocurrency
Analysis Method: Wave Theory & Fibonacci
143 Year Super-Cycle:
Super-Cycle Wave Count:
Wave Theory Rule: 2/3 Impulse Waves will near equality
Irregular Correction are most often observed after a Wave Cycle with a Double Extension
Waves 3 & 5 both extended.
Will update.
FMW