S&P500 SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Type: Day-Swingtrade
Market Sell: 2630,00
Stop-Loss: 2703,00
Target 1: 2566,00
Target 2: 2541,00
Target 3: 2477,00
Stop-Loss: 73 pips
Risk: 1-2%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
US500SHORT
US500, SPX Head and Shoulder 06:49:45 (UTC) Wed Apr 8, 2020US500, SPX Head and Shoulder 06:49:45 (UTC) Wed Apr 8, 2020
S&P500 Possible Reversal ZoneHey guys,
Kind of new here but I thought I'd throw this up as my first post to see what people thought about situation we're in right now.
From a technical standpoint, the 2600-2700 range looks pretty tough to me for the following reasons:
- Elliot Wave Theory . Four of the five waves that make up an Elliot wave have been completed, it is not unexpected that another should follow soon to continue into the downtrend.
- 20 EMA Touch . The S&P500 is yet to touch the daily 20 EMA since the downtrend began, but I'm sure it will provide some kind of resistance.
- Daily Trend line . This trend line is still fresh and yet to be tested. Although, it should be noted that the trend line is very steep and even if the S&P500 does continue to respect that trend line, it would be surprising for it to keep falling at that rate (~800 points/month) in the future.
- 0.382 Fibonacci Retracement Level . The Fibonacci retracement level 0.382 lines up perfectly with the 2650 zone mentioned before. The 0.382 fib level has provided some level of resistance (not drawn on my chart) in the past, during the second wave of the cycle. Also, wave 2 peaked at a Fib retracement level of 0.5 when drawing the Fib line from the peak of the S&P500 in the middle of February to the low of wave 1. Additionally, when a Fib retracement is then drawn from the peak of Wave 2 to the lowest point on wave 3 (not drawn on my chart at the time), the 0.5 fib level aligns very well with the same 2650 zone.
- Support/Resistance Level . The 2650-2750 level has also shown signs of being a point of support and resistance in the past. This is more evident on smaller time frames (4hr/1hr).
I'm not certain on this level being a reversal zone, but the technicals seem to indicate that this point is very strong, so it should at least provide a fair bit of resistance. I will be looking for chart patterns on lower time frames like double tops or H&S for a safer entry.
It seems like this whole crash is happening in fast forward because of the COVID-19 pandemic. It also doesn't look like the virus is slowing down too much, even with many countries around the world attempting to lockdown.
That's just my thoughts on the market right now. I'm by no means an expert so please don't blindly follow my analysis.
Please let me know what you guys think in the comments as I am always interested in receiving constructive criticism and understanding other people's perspectives.
Cheers
S&P500 SELL SIGNALHey tradomaniacs,
welcome to another free signal!
Type: Daytrade
Notice: We split this trade in two position each with 50% position-size.
Position 1:
Market Sell-Order: 2870,00
Stop-Loss: 2995,00 (125 pips)
Risk-Reward: 2,0
Position 2:
Sell-Limit 2950,00
Stop-Loss: 3075,00 (125 pips)
Risk-Reward: 2,0
Target: 2615
Risk: 1-2%
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
SPX500 SHORT TRADE SETUPHey tradomaniacs,
welcome to another free signal!
Important: Manage this one aggressively since we are trading against the primary trend.
-----------------------------
Type: DAy-Swingtrade
Market Sell: 3270,0
Stop-Loss: 3303,0
Target 1: 3238,5
Target 2: 3217,5
Target 3: 3182,0
Stop-Loss: 33 Pips
Risk: 1-2%
Risk-Reward: 2,75
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Possible next "Short" target after first sell offThe S&P is caught between:
Resistance region (27.12.-08.01.) AND the Pivot Point (daily): ~3,270
Support region (27.12.-08.01.) AND EMA 50 (daily): ~3,215
If we see, that the S&P has difficulties to move above, close above and stay above the 3,270, we would have another good short opportunity. Nevertheless, there is also a good chance that the S&P will move first towards the 3,270 within the next 1-2 trading sessions and then starts to develop momentum in order to move below the 3,215. In any case I would update the trading idea.
My preferred TP would be 3,160 which is the EMA 90 (daily) and the 38 retracement of the last leg (of the AB=CD pattern).
Good luck to all of you & as always, be patient (I keep telling this to myself, every time :).
S&P500 / USD Head and Shoulders Pattern FormingAs well as hundreds of indicators based on historical data leaning highly bearish, strong possibility of a head and shoulders pattern forming on both the 1D and 4H charts. Printing more money can only work for so long, before a correction is inevitable. Bubble could be about to burst.
short at 3002.5 for possibility double top monthlyi short it at 3002.5 spychological level for 2 different way
1 possinility of double to monthly
2 investor will go on holidays like cannes,monacao,french riviera ect..so will cut them profit
AND IS OKAY POWELL MADE IT UP BUT WHAT ABOUT CHINA HE SAY HIMSELF IT WEIGHT ON US..TCHH
anyway every 1 tp taken i adjust my trailing top to the first tp
i no made a Stop los on this trade as my trailing stop will do it alone
also is much overbought in short time so my first tp can be reached and made my stop at near my entry point
short at 2942 to target 2880 and 2800 as near a bubblenear a bubble look likte
rsi divergence
all time highs but still world slowdown and many other problem
trade talk not finish
brexit not finish
election
europe trade war
so manything
market is on euphoria
I NOT MAKE STOP LOST ON THIS TRADE AS MYSELF I TARGET LESS THAN 2800 !!
TRUMP you T@TPrice recently failed to break VERY STRONG resistance once again, this can only mean bearish movement.
The stock market and the US economy are in trouble, the bubble they are in is going to burst and everything will come crashing down with it.
We are on the verge of 1 of the biggest recessions in history yet not everyone can see it as the government and Trump pull the wool over your eyes by telling you everything is ok... Bull#hit.
Trump is rein acting a car crash, he is the driver and America is the car, but this economic car crash will effect the whole world not just the US.... well done Trump you T@T.
short at 2835 and tp around 2800 before FOMCshort #SP500 at 2835 and take profit around 2800 just 48h before #fomc also i notice many rsi divergence and all this move up is only speculation for me and at a time buyer will take them profit.
also all this move up is only speculation so before an FOMC as market exploited near already all the dovish comment and all thing to have a reason to go up...is dangerous to them to keep them position before an FOMC because not much thing can made them pulse up again...a probality to go more deep down more than 15 % in coming 1-2,3month is high but for now i play just a pullback as i think is a good timing to buyer to take them profit
short at 2845 for 4 target and the last at 2745euphoria
bubble
overbought in every side and way and form and lol
i short for a target at only around 3.5-4% is very light and possibke because it need a real breath and more deep than my trade but we go like that for now
i open 2 x 1 lot
and i will manage until he down
i will cut first lot when he reach 40 pts and made a sl on second lot at + 25pts for save 65 pts but the goal is 40 pts + 100 pts with this 1 lot =145pts (1450pips)
Short swing at 2685 for target 2595 SL 2525 i short SP500 because i think he done the Christmas rally more early than before and i think he will down a bit before end years may pull back before the 31 december for close the years i big gains then after in january fastly down more than my target...but is possible that my target can be reached before end year ( 12 days)
Overbought much in weekly and monthy
the ma20 and ma50 are so far from price in monthly somethign never seens in history
all good news about tax and health care was priced
even Fed hike rate stock continue to up..it should be opposite
so i think first quarter of 2018 will get a big correction
For me e are in Bubble and pure speculation
Market react at all good news and never react from bad news..something really crazy
the viw historical for a long period
and at the hedge fund and other big fish will finish to take them benefit they are not crazy ,they all know they so high now and abuse already too much
short at 2685
target at 2595 and surely 2550 and 2500 in 2018
SL 2725
i short again at 2632 double lot for target 2558i short again at 2632 as for target 2558 again.
market is in euphoria now sure is the last step of the bublle and it will down more than my target sure at 100% in less than 1 month
like my first trade i cut manually at 2330 = 27 pt lost
so this tile i short with 1 lot more more get more that double profit + mu lost back
short at 2632=2 lot
Target 2558
gain = 74x2=148 pts for lost before 27^ts ahhhhhhhhhhhh