SPX Golden Cross Percentage Gain, we r #10 of 11 low ranking !if we are in for a bull run we have more than anyone would wish for :-)
if this is a top, then it would be the second wort Golden Cross bull market.
wish you all the best.
Spxforecast
S&P500 (SPX) SHORTS&P500 sell
Entry 1 3048.50
Entry 2 3051
Sl 3054.79
Tp.1 3043.50
Tp.2 3037
Tp.3 3033.50
Tp.4 3025
S&P500 SHORTSell SPX (S&P500)
entry 1 3046.20
entry 2 3047.40
sl 3051.50
tp.1 3038
tp.2 3032
tp.3 3023
tp.4 3016
Short SPX 500 Next 2-4 WeeksClear sell-off in process. Looking for previous support levels to be reached.
In the next two weeks I see a pullback for SPXS right after SPX finds a brief bottom and consolidates for a short bit my target buy for SPXS is the 21’s and my Target sell is $25.
$29 SPXS coincides with ~2550 SPX. This is possible by Mid-July. (4 1/2 weeks).
SPX 2012 FractalThis is a pattern seen many times. A new ATH and shallow pullback, a second failed attempt to make the high, and a deeper (ie 10%+) correction. The time of year and macro sentiment is right. 2012 predicts two attempts to break 2885, then a summer fade to 2918 (50% retrace).
S&P500 - BULLISHS&P 500 looks very bullish.
Target 1: 3550
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates potential support/resistance .
Green line indicates t/p.
This is a log chart.
This chart is made using fib channels.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
Possible Bull Scenario on SPX to Finish 2018I usually don't show what I am looking at on both sides of the trade, so I am going to start doing so in the future... Here is how I see SPX if there's a clean break above ATH and the bull run continues into the end of the year...
Short Term Price Target For SPX, Ascending Broadening WedgeGot this on the 39 minute chart, the crazy part about this is that the price target measurement lines up perfectly with the established trend line, let's see what she ends up doing.
SPX Market Top? The Immediate Future Looks BadLet's look at a few things here - First: Based on the last down swing we have reached the 1.272 extension which, based off the patterns taught by Larry Pesavento, is a key extension for trend reversal (the other, 1.618 I have on the chart as well, as that'd be the next target if this one fails). Second: Volume is telling us a similar story, I added my relative volume oscillator to show how volume has been below average on upswings, then above average on sell offs. These moves haven't had any confirmation volume on the way up which looks bearish for the future (looks worse on weekly and monthly charts). Third: Major RSI divergence - which is my go to for catching trend reversals. This too gets worse on the weekly and monthly charts. Fourth: the immediate pattern is an ascending broadening wedge - more bearish immediate implications. I don't think there's a question regarding IF we go down here - just how far? I am extremely bearish long term so I think you know my answer. I'd also like you to take a look at this post from @Ajion showing that the current pattern has major resemblances to the market top in 2000 during the dot com bubble, a link to his post is beneath this.
SPX 15min next wave 4&5,retest neckline 2285 >> retest ATH 2304Bear dvg MOM, RSI, MACD in 15 & 30 min chart, at this 2297 hit..... just a suggestion if this could happen. I know my EW-labeling is probably wrong ?, but it's just helpful to use...and learning.
SPX 500 BEARISH TRIANGLE SQUEEZEENTER TRADE JUST BELOW THE 2125 PRICE LEVEL (1.618).
STOP LOSS JUST ABOVE 2129 PRICE LEVEL.
PROFIT TARGET 2109 PRICE LEVEL.
STOCHASTIC IS BEGINNING ITS FALL FROM THE 80 LEVEL.
