Stockindex
S&P 500 Futures Short daytrade!Morning Traders.
Let it be known I would NEVER consider shorting the S&P Index unless I had lower lowes.
On the daily I've got lower lows and lower highs. This market should be ready to give us 60 ticks. Which on a single futures contract is $12.50 a tick.
Entry 2240.00 Notice how the gap to the downside will be filled right when we take entry.
Stop loss (SET IN STONE) at 2255.
Target at 2220
Very risky and I dont like the thought of shorting the S&P AT ALL. But the setup is right.
No emotion. Just lower lows.
Cheers!
2 area to look for potential short Imo those area on the cac will be nice short in possibility of a continuation move toward the lows . 4930 is my target for the next 3 month with invalidation level around 5140 . Trade at you own risk , free trading school coming for september or october
SP500/Nasdaq SpreadVery interesting potential triple-bottom in this spread. Potential bullish divergence on price and M.F.I. indicator. Indicator seems to be making higher lows while price is making lower lows.
finally breack from it's rangethanks to quit bad data coming from the us , spx has finally breack from it's range to give us quit a perfect short . So whatto do now ? looking for some profit taking in the market to give us the opportunity to reenter short on the market . Because now that pa has closed below the ma on the daily we will be lloking for it to to sustain a pull back to confirm a shift of trend to be able to enter for longer term target , wich imo the fundamental back up very much ! So my game plan for the week is to look at pa to give us reason to enter on the 1 and 2 highlight level on the chart !
sp500 on it's way to new high now we starting to see big bying pressure across the bord on all major stock indexes , so sp500 should be able to breack it's range and go above , all that thanks to fomc :)
SPX500 Weekly AnalysisTalking about a snoozefest!
Momentum has consistently dropped since July 2014. ADX, D+ and D- are all well below 20 which suggests ranging. D+ and D- have also both dropped off more just recently. Not exactly great trading conditions.
ADX needs to cross 20 and either D+ or D- needs to pick up steam for a clear trend to form again.
A break of 2040 could net some nice pips as price tries to reach 2000 and then 1967. Right now I'm NEUTRAL because of a total lack of momentum.
SP500 Monthly AnalysisThe SP500 has a remarkable run since 2009, not least due to all that quantitative easing.
Calls for an end to QE and consequently rising interest rates have been growing ever since the latter part of 2014. Since Jan 2015, the SP500 has been ranging in a fairly narrow range and to be honest, it's getting a bit boring.
D+ has just this month crossed below 20 and ADX is pretty much flat, albeit at a nice high level above 40. A cross below 40 would kind of suck while both D+ and D- are below 20, because it suggests more ranging. I'm hoping (should never do that, I know) for a break of either 2125 or 1967 because that would mean the SP500 might start trending again.
If 1967 breaks, I'll target 1735 as the next strong support level. To the upside...who knows, just buy if it continues going up through 2125 and use your preferred trailing stop. Don't question why it's going up either, that cost a lot of people a lot of money and missed opportunities since 2009. Just buy because don't question fundamental logic, that's why! ;)
