SPX Daily TA Cautiously BearishSPX Daily cautiously bearish. Recommended ratio: 28% SPY, 72% cash. Price is currently testing the 200 MA (which coincides with the uptrend line from March 2020) at $4487 as support after being rejected by $4549 minor resistance. Volume remains moderately high and has been fairly balanced between buying and selling recently (the largest supply zone is at $4400), indicating that there is some disagreement in where Price should go. Parabolic SAR flips bullish at $4633. RSI is currently bouncing at 50, the next support is the uptrend line from 01/27/22 at $45-$50. Stochastic remains bearish and is trending down at 2.59 as it fast approaches max bottom. MACD is currently crossing over bearish at 40 after being rejected by 55.35; the next support is at 33.08. ADX is trending down at 19 as Price is attempting to reclaim the Covid relief rally uptrend line, this is bearish. If Price is able to establish support here at the 200 MA + the uptrend line from March 2020 ($4487), then it will likely retest $4549 minor resistance before potentially retesting the ATH at $4815. However, if Price breaks down here then it will have the 50 MA at $4423 as support before potentially retesting $4343 minor support. Mental Stop Loss: (one close above) $4549.
Spx500short
SXP500 Index: Fell and pulled out? Today we are here to talk about the SXP 500 index.
Today: The index is trading at 4581. In the last trading session, we saw movement to the target zone, which is what we expected. Here is a link to the idea.
What's on the market now:
The market is in the phase of exit from the correction. This is evidenced by the volume of trade. Our main task today is to protect positions if they were opened yesterday from the level of 4450. Also, the market still has the possibility of moving towards 47 50.
What are we waiting for today:
We are waiting for the price to stabilize and are trying to reverse the market to move towards the level of 4525. However, if the attempt to reverse is not successful, the market will go to 4330 and open new levels for purchases from 43 90.
What I recommend:
If you want short:
Opening short positions is already risky. It had to be done from 45 85.
If you want to buy:
The local minimum for buying at the level of 44 50 was yesterday, and today you need to protect your long positions, limit risks at least at the last local minimum.
Next purchase prices 43 90-44 30.
And yes, please don't forget to like this greatly motivates me to share my trading ideas and market knowledge.
Also check out my profile for a full daily trading history on the SPX 500. Contact me in 1 or 2 days for further trading advice.
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I post selected SPX 500 reviews every day, so check back tomorrow!
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Bye!
SXP500 Index: The day when hope die!Today we are here to talk about the SXP500 index.
Today: The SPX500 index is trading at 45 70. In the current trading session, we have seen a slight increase in price towards our target zone, which was discussed yesterday, the link to the idea is below.
What's on the market now:
Now the market is moving into a profit-taking phase, and you should also think about it. But in the last trading session, the market opened new horizons for us at 4750.
However, globally, the market also has a correction trend at 3750. Let's deal with this.
What are we waiting for today:
Looking forward to a further move to 4600 and then a pull back to 4450 and if that happens it would be a great place to go long.
What I recommend:
If you want to open short:
You can open short positions from 4585, limiting the risks.
If you want to buy:
Longs are possible from the level 4450, limiting the risks.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post reviews about SPX500 every day, so check back tomorrow!
See you next time!
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SXP500 Index: On a sled down a hill!Today we are here to talk about the SXP500 index.
Today: The index is trading at 4525. During the last trading session, we saw the price enter the target zone that we expected, and then the market went to our target zone at around 4450.
What's on the market now:
The market is in the profit-taking phase. We know that there is also a corrective trend in the market at 3750 globally. And we still have a zone at 4750 which is also still active.
What are we waiting for today:
We are waiting for the price to stabilize and return to the level of 4545, and then move to the level of 4450. If you have short positions, it is better to hold them, but limit your losses to 0.
What I recommend:
If you want to go short:
It is possible to open short positions only on rollbacks while limiting risks.
If you want to buy:
Long positions are prohibited but only possible below the level of 44 50
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also check out my channel for the full SPX 500 trading history for each day. And get back to me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post selected SPX 500 reviews every day so check back tomorrow.
See you next time,
Bye!
SXP500 index: And Biden with oil barrel under arm.Today we are here to talk about the SXP500 index.
Today: The index is trading at 45 45. And in the last trading session, we saw the price stabilize. The reason for this was the decision of the US to "open" oil reserves, which of course should help the US economy.
What is important: this decision was made at a critical moment for the market. I see it on the charts and of course the purpose of this decision is to ensure the economic growth of the indices and also to prevent a recession into which all countries of the world will plunge.
Well, it's clear from the graphs.
What's on the market now:
They are trying to hold the market and prevent it from collapsing. For this involved strategic resources in the US. In the near future, we will see the price move towards the level of 4600. As planned earlier. Here you can open short positions, at the same time. Converting risks to 0.
And what is important: we have the opportunity to move to a new level at 4750. Of course, the market movement to 4750 is an unlikely event, however, measures to support the US have been taken and they will have a positive recent and this cannot be ruled out.
What are we waiting for today:
We are waiting for further movement to 46 00.
What I recommend:
If you want to open short:
It is better to open short positions from the level of 45 90 short positions, while limiting risks to 0. You will have a chance to limit losses.
If you want to buy:
A good place to buy would be around 44-50 but you can try buy at 4522, while limiting risks to 0. You will have a chance to limit losses.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post selected reviews every day, so check back tomorrow!
See you next time!
Bye!
S&P500 index: Are you ready to sell it?Today we are here to talk about the SPX500 index.
Today: The index is trading at 4595. And in the last trading session, we saw a price correction. Which reminds us of the beginning of a reversal.
What's on the market now:
Now we see that the market has worked out almost all the targets and is ready to start a correction, and the current levels are good for opening short positions. But the market still has the strength for the last weak upward spurt, the chances for this are great.
As I said earlier, any short positions above 4620 are good market entries. But short positions above 4653 would be ideal.
What are we waiting for today:
I am waiting for the market to move to 4653 today where my sell stops are. And there I see my entry and the top of the market. When entering the market, I will limit my risks.
What I recommend:
If you want short:
I continue to recommend that you open shorts around 46 20 and above 4653. But you should limit your risks wisely.
If you are now out of the market, then I also recommend opening short positions. Or, like me, wait for the market to peak above 4653. While it's risky and may not happen, I still love tops, but what about you?
If you want to buy:
Long positions are prohibited.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Goodbye!
Target reached 3/29/22, bullish close = final bull move (4700+)At the beginning of the week , I called SPX hitting 4626 and SPY 460 by the end of the week but it seems it has reached to the price a lot faster than expected.
Moving forward, todays close is imperative to future movement as one more bull run might be imminent before the eventual correction . If SPX is to close around the 4620s , I could see it pushing one last time up to a total price of 4700 + specifically 4707 . Once reached, there may be more of a reason to short the entire market even if temporarily to 4504 .
As for SPY, 470 is possible given the price closes bullish today.
Thank you for reading.
Spx Entries/ExitsFor More Daily Detailed Analysis, Click the follow button.
We previously looked at the Spx long as sentiment swapped to the positive side from diplomatic talks progress.
As the market looks to recover, with many stocks recovering their accumulated losses from the previous negative sentiment, we can exit any further longs held with scalp/intraday preference and look to accumulate shorts at some comfortable resistance.
We can also look to exit at early support.
SPX500 likely to fall!Hey tradomaniacs,
the recent fakeout above the key-resistance is a strong indication of a falling market.
Previous fractal has shown two fakeouts and liquidity-grabbing into both directions showing trapped volume in that zone.
This can cause big players to cause fakemomentum to attract more buyers in order to absorb liquidity.
A potential S/H/S-Pattern would be another confirmation for my assumption.
Let`s see what happens!
SPX500 Weekly Game Plan $SPX500 Game Plan
As much as I hate opening a position against the trend, these are two levels that I will be observing. In an ideal scenario I want to open the short upon confirmation. What does this mean?
If price reaches one of the two levels - $4524 or $4586, I want a small retracement followed by a double top or lower low. I can then open a short position with a stop loss above the recent high.
For the first order that would be somewhere around $4547, and for the second order that would be around $4617.
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P.S. I've been inactive for the past month, so I do apologize to those following me. I am picking up the trades again and soon I will release my new core trading strategy, which relies on trend following and so far has been very promising on indices and commodities, which is what I mainly trade.
Spx trade management todayFor more Daily Detailed analysis, go ahead and click the follow button.
Before the US session we can look ahead at managing our Spx positions. This involves planning ahead after the move to the north on improved market sentiment.
We exited longs and we are moving to some early short zones on the Daily. we can start to get short and look for exits on falls.
Trade lightly and manage your risk effectively.
Top of the Top of the TopTake your seats and Prepare for the 4th Turning.
De-dollarization is occurring before our eyes.
The game of musical chairs is coming to an end.
We will be lucky to get away with a debt crisis.
The more likely outcome is a currency crisis.
Your currency is not money, it is fiat. It is important you understand the difference. The thing we call money is fiat credit created by banks via loans. Everything is driven by debt and loans. AKA your life is driven by debt and loans. AKA your life is debt and loans.
How did it get this way?
www.atlantafed.org
But don't you know the Wonderful Wizard of Oz?
Remind me... what does the wizard do in the end?
Note: This is Not financial advice. Just what I see.
SPX LONG TO SHORTFor More Daily Detailed Analysis, Go ahead and click the follow button.
We have seen a rally from our previous long position yesterday on renewed positive sentiment. After exiting these longs, we can start to scale in for a move to the south side.
Remember to long lightly as sentiment is now STRONG to the upside. We will looking to exit at early support.
We can start to look long again on any return to PREVIOUS support.
SPX 500 Short - larger correction$SPX looks worrisome also, it has been trading above this trendline since March 2020, and started dipping below since Sept 17th, last year. Every time it dips it spends more time below. It shows that the trend is getting weaker, and we may see a bigger correction soon. #indices
SPX EMA Buying IndicationSPX has seen 6 instances since 2003 where the 100 EMA has crossed below the 200 EMA.
With the majority of these identifying an optimal buy/entry point, with the strategy to look consider the depth of retracement and to scale into positions for optimal ROI once the market recovers.
The only major time where this was not close to the lowest retracement point was follwoing the housing market bubble which saw the 100 EMA remain below the 200 EMA for approx. 600 days with the optimal buy zone occurring 2/3 of the way through around 190 days before the 100 EMA crossed above.
#1. 20% Oct-Dec 2018, 100 EMA below 200 EMA approx 80 days from mid-Dec 2018 to mid-Mar 2019
#2. -35% Feb to Mar 2020, 100 EMA below 200 EMA approx 80 days late-Mar 2020 to mid-June
#3. -58% Oct 2007 to Mar 2009, 100 EMA below 200 EMA approx 600 days from Jan 2008 to Sep 2009. Lowest point was approx 190 days from 100 EMA crossing back above 200 EMA
Other periods to consider where 100 EMA crossed below 200 EMA:
Jan to Apr 2016
Sep to Nov 2015
Sep 2011 to Jan 2012
NOTE:
- THE CURRENT MACRO ENVIRONMENT REFLECTS A DEEP RECESSION IS LIKELY BASED ON COMMODITIES AS WELL AS THE BREADTH OF ASSETS & EQUITIES WITH VALUATIONS AT OR NEAR ATH'S.
- Correction likely to be similar if not deeper than what was realized when the housing market collapsed in 2008 given the more widespread high prices driven by absurd amounts of excess money supply with rates at/near zero.