SPXL
spx channel, trade problems, expansion problems, debt problems..Heres a trend that may continue? Not sure I see a reason to break out to upside? Not sure what china will do as retaliation, but I imagine market wont think of it as a reason to rally back to highs.. but who knows, been wrong many times before.
Why this forecast will ultimately prove to be incorrect:
Im around 90% that monday, if market starts falling, we'll be seeing some trade talks going well, beautiful conversation stuff popping up in the news.. which will surely inspire our cpu palls to push price up into the 2900's.
$RTY_F $rut $spx VIDEO ANALYSIS - Small Caps Mega Breakout!While the large-cap stock indexes like the $SPY $SPX $QQQ $DIA have been running higher, they are now at resistance and should stall out or at least slowdown. Small-cap stocks have been building a base for a mega rally that could make the large-cap run look like chump change!
See more analysis on the small-cap sector: Click Here
$ES_f $spy $spx $spxs Day Trading Index Price Gaps Made EasyThese morning gap trades happen nearly every week providing a steady stream of winning trades.
Small Cap Stocks with Bearish daily and weekly chartsThe Russell 2000 ETF continues to deliver critical technical and longer-term price patterns for skilled technicians. Combining the IWM chart with the Transportation Index, Oil, Gold, and others provide a very clear picture of what to expect in the immediate future.
Recently, we posted a research article about the Head-n-Shoulders pattern setting up in the $INDU. Again, the IWM chart is also showing a very clear Head-n-Shoulders pattern with critical resistance near $159.50 and support near $144.25. Our researchers, at Technical Traders Ltd., believe this right Shoulder will prompt a downside market move towards support near $144.25 before a downward sloping wedge pattern sets up. This first downward price leg will setup and congesting wedge formation that will, eventually, break to the upside and drive market prices higher.
We authored a research article about this pattern setup on February 17, 2019. You can read it here.
Skilled traders watch all the charts to assist them in identifying characteristics that can assist them in understanding price moves, key support/resistance levels, and price patterns. This IWM chart should be on everyone’s radar at the moment. Where the IWM finds support, so will the other US stock market indexes.
The IWM setup indicates we may only see a 5~7% downside price swing before support is found. We’ll have to watch how this plays out over the next few weeks/months to determine if the $144.25 level is true support or if the lower $137.00 level will become support. Either way, the downside price swing appears poised to unfold over the next few days/weeks – so be prepared.
Please take a minute to visit www.TheTechnicalTraders.com to learn how we can help you find and execute better trades in 2019. We have already positioned our clients for this move and we believe we can help you stay ahead of these markets.
US Equities Show Decent Pullback PotentialIf we see some follow-through selling this week to break the first red dash support level it will spark the first high volume wave of selling and vix spike.
Short Play Setup for $SPX $ES_F $SPXS $SDS $SPXUBroad market setting up for another leg down after this week's short covering pop and overly bullish sentiment.
See More Videos at www.TheTechnicalTraders.com
spy diamond$spy $spx $es_f $spxl $spxs
possible diamond on the 60min-hard to trade. No idea where the turning point is..waiting for confirmation
$SPY $SPXL $SPXU $SSO $SD $QQQ Inverse Funds provide opportunityThe chart here shows a simple trend and momentum shift in the stock market using the 4-hour chart and looking back several months.
I do post videos each morning of all the major markets here
SP500 target hit which means we should expect the next one alsoChart paints the picture but see my previous post of this here and click the blue play button on the chart:
Expect morning overbought gap up to fade and fill Gap windowExpect morning overbought gap up to fade and fill Gap window.
This happens all the time!!! easy morning day trade!
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2508 (50% fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracemen, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 2508 (50% fibonacci retracement, horizontal pullback support).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2508 (50% fibonacci retracement, horizontal pullback support).
RSI (34) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPXL_higher_lowershould find a push up into Feb - Mar 2019, than recede significantly. Let's see if it hits my target boxes.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2703 (100% fibonacci extension , 76.4% fibonacci retracement ) and a strong drop might occur below this level pushing price down to our major support at 2406 (76.4% fibonacci retracement , 61.8% fibonacci extension ).
RSI (34) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
SPX: Ppl. Note to Self Hi All,
This my "Note to self." Hence, take this with the massive grain of salt.
This is Simply looking at the worst-case scenario or Best case scenario.
It's all in the chart, Ppl....
Hope this does help someone out there.
Enjoy Ppl.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2508 (100% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 2379 (61.8% fibonacci extension).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2508 (100% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 2375 (61.8% fibonacci extension).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Should Have Followed the plan!So after 3 days of losses in a row I was timid on a trade. I was fully confident it would work out. Lets be real; We are in a downtrend.
I made my plan, checked it twice and just didn't take the trade.
Missed out on a big one!
+16%
SPY toppingThis chart isn't 'playable' so I'll have to update progressively. Main direction= down. Bounce? Possible.
