Sp500short
#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
F_ES Short Setup. 1:8 Risk to rewardI know this sounds crazy. 1:8 Risk to reward? Winning probability of this trade is less than 25% maybe less. However x8 sounds crazy and i would like to take this trade. I have shorted 4 micro contracts.i will update this this post accordingly.
Disclaimer: This is not financial or investment advice
Trade safe
Atilla Yurtseven
#SPY $SPX500 Weekly Hanging Man CandleAre the Bears getting their Paycheck finally?
Last week's SP500 candle closed with the shape of what Trader like to call a “hanging Man Candle”
This Candle shape is normally seen as a reversal Candle.
On the TomDeMark Indicator the hanging Man Candle was on a 8 of 9 Count what is just saying that this upmove is coming into an area where the probability of at least a pullback is more likely to happen.
A Weekly Reversal Candle signed with a DeMark 9 Count would be textbook DeMark indicator Trading, but looking into the past the DeMark Count on the SP500 Chart it didn't actually worked that well on this Index. Most of the time the price already pulled back on a 7 of 9 or traded for 1-4 candles after the 9 sideways or up before initiating any sort of direction change.
But regardless of the Count trader that following the DeMark Sequential indicator cant ignore the situation that we are currently in a realy extended Move.
Past Weeks were totally crazy looking into the lower timeframes reacting to every Trump Tweet like a lunatic.
The Weekly Stochastic is at high levels in the Bullish Control Zone and already Crossed to the downside.
RSI is hovering below the Bullish Control Zone (65-80) above the RSI
The MFI is not giving us any clear divergence on Weekly yet but it is retracing while price action is crawling up.
Looking at the Weekly EMA we touched last week the 10 EMA.
If we see this Weeks Price starting to decline I would like to see the Price at least Pull back to the 0.236 Fib level or the Weekly 50 EMA around 2950.
I am currently holding Shorts with an inverse ETF and will probably close them in this Target Vicinity.
Trade Safe!
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Koboltrading.com
VIX Indicates a Drop in SP500Every touch of the trend line has been followed by a smaller spike then a much larger one. Most recent touch was a false breakdown and quick rebound just above the trendline... Crude oil typically rises and falls with equities. USOil just fell from $58 per barrel to $55 per barrel on Friday (5%). Expecting equities to be very close to a top and should move down a decent amount...
Thanks for checking out this idea. Open to constructive critiques or questions. Feel free to like and follow!
Winter is coming... SP500 #GameofshortsLogic:
Institutions have shown heavy dumping activity, all that's left is to flush the buyers out.
Every time we make new highs we get a drop . This high looks very convincing doesn't it?..
There is no volume currently in the market, we have a Three Drives , and Deep Crab Pattern completing. (Both Bearish)
We have almost completed a full year of institutional trading.
Winter statistically is a bad performing season.
We are heading into elections. A time of uncertainty...
I'm looking short, only after confirmation. If we get an entry it will happen FAST. Definitely expecting volatility.
Disclaimer: I'm not an economist.
Still Caution, Even as Market Has Rallied - S&P 500 analysisAfter U.S. President Donald Trump renewed his tariff threat against China, U.S. futures contracts — including for the NASDAQ, Dow and S&P 500 — retreated from their all-time highs. As well, this morning, exacerbated by the roiling unrest in Hong Kong, global shares are a sea of red. Sentiment itself is fragile and will likely follow prices.
The S&P 500 has initially pulled back during trading on Tuesday but then shot higher to show signs of strength again. By doing so, the market looks likely to try to break out of he current bullish channel that it’s been it for some time, and as a result we could get an explosive move. That being said, there is a certain amount of overextension to what we are doing right now, so don’t be surprised at all to see a pullback in the meantime.
The market could find quite a bit of support near the $3050 level on a significant pullback and will almost certainly find plenty of support at the 3030 and then the 3000 levels.
Looking at this chart, there is an undeniable uptrend going on, so obviously there will be a lot of value hunters underneath to try to take advantage of cheaper pricing. On the upside, the 3100 level decisively is the next resistance (upper line of the channel is around $3137). If we see a clear break there, then the market will make its move towards the targeted $3200 level above, based upon the ascending triangle that we had broken out of at the $3030 level.
Wall Street's main indexes have set new highs this month on the back of a strong corporate earnings season and hopes of a trade deal with Beijing to end the damaging 16-month tariff war. But the main question now is will rally be able to continue without earnings support? What do you think?
SP 500 ShortLooking to go short on the SP500, We will be wrapping up the year of price action, we will be heading into elections, and Fed Powell was very optimistic about America today.
I believe the economy has hidden weaknesses.
I'm not an economist, but I'm taking this short if there is no volume up here. We will also have a three drives pattern completing with bearish deep crab.
We trade for moments like these right? #thebigshort
VIXY - Waiting to POPThe longer VIXY is held down, the stronger it generally pops.
Good hedge against SPY downturn.
Use dollar cost average to pick up a few shares every day or every other day. These turn great profits in short time.
Options are also cheap. I recommend monthly's here which give you time for either a pop or a slow 7-10 day run up (plus extra time).
I am a buyer of Calls here although you could sell Puts and get the stock cheap if your option fails. Good either way :)
When the recession does happen using VIXY with GDX and SPY (shorts or puts) I believe will turn profits even in down market.
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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.