Sxp500
JUST BEFORE SPX CLOSES SELL!! In the TP220This is the current trend with S&P
JUST BEFORE SPX CLOSES SELL!! In the morning close position
Should we be worried about a recession?DON'T FORGET TO LEAVE A LIKE IF THIS CONTENT HELPED!
Since stocks are a piece of ownership in a company, the stock market is basically a vote of confidence in the future of all these companies and, as such, in the U.S. economy itself. A drop of 11% in a quarter indicates a sustained loss of confidence..
If confidence is not restored, the stock market will continue to fall over a sustained period of time. A prolonged downward trend would eventually indicate the start of a bear market. This could hurt the economy more and push it further toward a recession
Are we in the midst of a recession? Let me know your thoughts below!
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SPY Pipe DreamThis is just a pipe dream about S&P opening on Tuesday.
There's no reason for it to gap up, but the market has shown that coronavirus is a non-factor.
So fuck it, why not? Indicator boys will tell you otherwise.
Bullish:
Bottom of the channel with lots of buy volume at the end of day on Friday - leading to gap up Tuesday.
The past few weeks have shown a pretty radical bull run, with no end in sight.
Bearish:
Indicators look overbought, whatever
The only question is Consolidation vs Distribution
I'm thinking consolidation.
FOOL PROOF S&P500 INVESTMENT STRATEGY!A one time investment for 11 years of (on average 14%)
-This strategy uses simple indicators to determine an entry which indicate trend reversal-- such as MACD and the fact that the 2008 credit crisis crash was likely to fall to previous resistance (dot com crash)
-Safe strategy, you're essentially betting on the American Economy and when you're at rock bottom it's more likely to go up than a full economic collapse in western society.
-This is ofcourse hypothetical but when the next crash hits, this is a good guide to follow.
-Could be diversified with FTSE100 and other economically prosperous nations' indexes.
S&P500 Historical returns calculator was used in the process of this chart, these can be found on google.
SPX500USD looking now for more bullish movement now testing a support area after breaking through its resistance. price just corrected for awhile now im expecting this bullish momentum to carry on
The 2020 Presidential Election (Pat's Crystal Ball Vision)On this cold wintry night in North East USA,
I trek through the wet snow, and down the rock wall through the rabies ridden ravine of plastic and brush, close to the steaming waters of the Passaic River.. ONLY THERE is where I gathered my supplies for the future eyes. A nuclear salamander, a deformed frog, a defective exhaust pipe, a bit of river pool slime.. everything I needed.
A flash freeze, to an immediate smelting, A slow mix with a pinch of salt..
And as I looked into my crystal ball
This is all I saw
The older I get the more cynical I am of politics. I'm not one to argue about them, but I definitely have more of an opinion than I did when I was 18. I don't know enough to say who should do what or where or when... I just like to look at charts..
Opinions from all sides are welcome
Found something interesting in the traditional market.I find this interesting about the traditional market - thought i'd share.
From the looks of things based on Eliot wave pattern count, it does look like we are at the top of a 50 years market circle.
There is only so long the market can defy gravity before things come crashing down. Looks BTC may indeed be the safe haven.
At this time, we are stuck at 7,200 which in my opinion isn't good news for bears until you realize that it is the 61.8 fib area. I will be waiting for the major move while buying BTC all the way to Zero from here.
OVERVIEW 1: BETA IDEASTotal ideas 107, Beta ideas 23
Overview of beta idea only.
Publishing overview 4 of 84 later.
Previous overviews 1-3 of 84 managed to clear all a targets.
Myfxbook: Hearts_
GBPUSD, P LINE SCALP, SHORTENTERED AT 1.2799 WITH A 15 PIP SL AND 30 PIP TP. M FORMED ON 1.28 P LINE
SPX: Last ChanceChart speaks for itself. If this doesn't break to the upside, it's going down. I see no indication it'll go up, personally.
GOLD - SELL INTRADAYWe have a 4hr close below the CTL, looking for a retest in the yellow region to sell with profit levels at 1276, 1271 followed by 1266
GBPAUD - SELLsimple setup once again, no need to over complicate the charts, confluences + great RR provides great chance of profitable setups. Short position from the supply zone at 1.84175, we are over extended & due to retrace. This supply zone gives us the opportunity to do that
EURCAD - NEUTRALEURCAD facing a break or bounce scenario providing good setups either way. A break and retest of the TL for long positions or the more favorable is a rejecting of this TL for a small intraday short position down to the previous low where I'll be looking for a double bottom to form in the yellow range highlighted.
EURAUD - BUYBearish momentum has slowed down on the 4hr timeframe, also breaking the descending TL, formed and upside down h&s. It's looking to break the neckline and we will enter long positions on a retest if it was to hold.
USDCAD - BUY USDCAD - change in bias after breaking to the upside of the consolidation range, looking to see a retracement leg to the upside. a clean break and retest would give us the confirmation we need to take a long position with initial targets set at the 50% retracement level
EURUSD - BUY Swing tradeEURUSD is coming to touch a strong ascending TL once again, also looking to form a double bottom along with a strong S&R level, giving us enough confluences in this region to look to take a long position after we see a clean reversal candlestick off the TL for confirmation
AEX Bounced Off Support, Potential For A Further Rise!AEX bounced off our first support at 473.11 (horizontal overlap resistance, 100% Fibonacci extension , 50% Fibonacci retracement ) where a further rise might occur above this level pushing price up to our major resistance at 509.41 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement , 100% Fibonacci extension ).
Stochastic (89,5,3) is testing our support and we might see a further rise in price.
Warning! Bad times ahead for the stock market!This is the weekly chart of the S&P500. It won't take long before the stock market will crash again. Correction is needed, after every swing up, you get eventually a swing down.
We had a crazy bull run last 10 years. Don't look weird if the upcoming two years will be bearish. In my opinion it's a great moment to take profits from stocks and invest it in physical materials like gold or silver.
If you're a day-trader like me, watch stock markets for both directions shorting as long trades and don't hold your position overnight. Last big crash we dropt almost 50%, keep that in mind in trading, dropping/crashes are mostly a lot faster because of the panic.
It's really simple, but obvious TA. But remember simple TA is the most effective, looking for non existence patterns won't work. Also keep in mind this is really long term TA, our last wave can extend in theory a little bit more, but in my opinion correction comes really fast and holding stocks atm is not worth the risks.
Effect "T" Big ShortWell logically is to reason a path bearish or quite powerful, in or have been prudent in trying to make a model based on the effect of brexit, but amplified and magnified
