Sp500short
Shorterm MEGAPHONE on SPXCorrect me if I'm wrong but I see:
a - bottom support
b - top support
c - megaphone pattern
d - cycles (blue lines)
So I see such scenarios:
D - PRINT PRINT PRINT by FED friends and rise right to the moon ;)
C - small correction and then moon
A & B - Big drop as shown, with crash perspective
SL 2248 or none
TP 1970
RR ratio: 3.13
Please let me know what do You think guys.
S&P 500 MEDIUM TERM SHORT - Fundamental and TechnicalTVC:SPX
The S&P 500 composite index reached 2129.79 today, just a point away from its all time high at 2130.82.
This should provide a good place to short the S&P, because:
Fundamentally: the outlook for the US economy is strong, with good job growth - however , the Federal Reserve should now look to increase interest rates slowly, which should gradually weigh on the stock market.
Years of cheap borrowing will come to an end, with an inevitable crash in overvalued junk bonds.
Coupled with the risks of Brexit and low oil prices in the medium term, stocks remain overvalued.
Technically: SPX will face strong resistance at 2130.
It has been rejected from 2130 in July 2015 - exactly when the Federal Reserve was contemplating raising interest rates.
Below 2130-2135, SPX500 is bearish and may fall to 1800 in the medium term if the current economic climate persists.
SPX 2224 ..YES you saw it here first.Wondering why SPX has not fallen yet?
Here u go.
Press like if u like what u see
long above 2105 short below 2080 at these stage spx is on a no go zone , on up side price action is sitting on big resistance around 2095 and a fib level a couple point above that and below it face as support and it quit a BIG one that have been defended for quit some time now but it will be very interesseting to see wich side it's going to actually go , on either side they are big target long side all time high short side around 1600 area would be kind of an ideal target for LONG time swing long !!
Long Volatility for the upcoming whatever term. UVXY over $30It seems we're at the inflection point once again. Maybe a day or two out from SMAs and MACDs turning positive for UVXY, and these big spikes in block trades are usually a precursor it seems to market sell offs - big players taking profits likely.
I have multiple other charts that support this view with OnbalanceVol/Accum/distribution; potential slide in oil, resistance in gold and so on and so forth. Granted, only chart can be linked!
I expect UVXY to go well past $30 in the coming 1-2 weeks. This COULD change, and this MAY NOT be the actual bottom for UVXY, and I would hedge the position in both sides, but I'll be wary to add if indeed this is the next bottom, and it's a higher high, in regards to S.D. and True average price
SPX March 11th and forward, long term edition. This is a longer term idea based off charting done from 2008 until now, and where we expect to go from here.
For this interested, earlier today I did a shorter term outlook using daily candles, for those interested the link is: , or you can find it in my profile. Feedback and constructive criticism is always appreciated, happy trading!
SP500 Sell SignalWe can enter a sell trade for the S&P 500 index if it breaks the highlighted triangle pattern and settle below it.
Target 1: 1910
Target 2: 1860
Stop Loss: If it turns out to be a false break and the index closes back above 2040.
$SP500: Update SetupMonitor cluster and put stop on breakeven.
look at our setup:
I do appreciate all views be it a like or comment, and if you subscribe to this analysis, you will receive all of our real-time update! Thanks!
SignalSuisse
