Description in, simple and understandable. If not that, what?Recently I witnessed myself some people being unaware of our financial situation, worldwide.
The TVC:SPX is very close to a BOOM! Mathematically proven, but again, that doesn't mean much nowdays. The benefit of the doubt and a load of other crazy things happening is not impossible. This scenario is most probable in my opinion and i'm very invested to it !
We are in the bring of a possibly disastrous situation that would leave the world shattered behind it.
So big that the world would demand change.You are all free to agree or disagree but know that I will support strongly my beliefs till I'm proven wrong.
Trying to educate myself I am more than happy to exchange educational ideas or thoughts and of course constructional feedback.
Anyone who wants can just come join us on this journey on our facebook page : www.facebook.com
Usa500
EPISODE 10/11: US COMMUNICATIONS-CUP & HANDLE TARGETS TA(XLC)Episode 10/11 : US (SPX) Sectors Technical Analysis Series - 31st of July 2019
Brief Explanation of the chart(since everything is labelled on there): (30 seconds read)
First and foremost : Similarly to the XLRE Index, the XLC was formed even more recently(2018), so obviously due to the lack of data this analysis should be seen at most as informative . In addition, I am not as interested in this particular sector. That doesn't take away from the objective of holistically analysing the whole market in the greatest of details. Now- time to break down the chart based on the current data:
XLC chart shows a very distinctive Cup & Handle pattern . Breaking above the purple square , will result in a bullish confirmation ; targeting #1: 55$ and later on 60$ as Target #2 .
Furthermore, the structural supports have been labelled. Although due to the lack of data, they will mostly depend on the negative momentum and very little on the currently labelled squares. Likewise as in the previous EPISODES , the same conditional events(trade deals/elections) apply to this sector. This concludes the technical analysis on the US communications(XLC) sector.
This is just a brief "free" and very detailed analysis. Perhaps in the future I might form a premium group, to whose members I will provide all the details of my research.
>>I do not share my ideas for the likes or the views. This channel is only dedicated to well informed research and other noteworthy and interesting market stories.>>
However, if you'd like to support me and get informed in the greatest of details, every thumbs up or follow is greatly appreciated !
Step_Ahead_ofthemarket-
Previous episodes on the US Sectors :
EPISODE 9 : US REAL ESTATE ( XLRE )
EPISODE 8 : US CONSUMER STAPLES ( XLP )
Full Disclosure: This is just an opinion, you decide what to do with your own money. For any further references- contact me through any of my channels.
EPISODE 6/11: US MATERIALS- WAVE 5 RANGE+CYCLE ANALYSIS (XLB TA)Episode 6/11: US (SPX) Sectors Technical Analysis Series - 17th of July 2019
Brief Explanation of the chart :
Wave Extension 1.618 target reached 64.34 (based on length of drop from 2009). Sin lines represent the stages of the cycle(it can't always overlap perfectly). Current bullish channel recovery since the drop that happened at the end of 2018 seems weak . This is in comparison to other sectors.
Based on the assumption that Trump wins 2020 and/or US/China Trade deal goes through => I have labelled the ranges of potential wave 5 extension. There are 2 primary targets : 70$ and 75$. Otherwise, there aren't many indications that the current top at 64.4 would be broken.
This is just a brief "free" and very detailed analysis. Perhaps in the future I might form a premium group, to whose members I will provide all the details of my research.
>> I do not share my ideas for the likes or the views. This channel is only dedicated to well informed research and other noteworthy and interesting market stories .>>
However, if you'd like to support me and learn more in the greatest of details, every thumbs up or follow is greatly appreciated !
-Step_Ahead_ofthemarket-
Check my Previous episodes on the US Sectors :
EPISODE 5: US INDUSTRIALS (XLI) :
EPISODE 4 : Health Care( XLV ) :
Full Disclosure: This is just an opinion, you decide what to do with your own money. For any further references- contact me.
SP500 "16 days of bearish movement" by ThinkingAntsOkOn today’s post, we are going to have a look over the last 16 days when the SP500 started a bearish movement. going from 2961,5 to 2799.0 (-5,44%)
- We can see that the bearish channel that works as the main trend was broken yesterday starting a corrective structure that now is facing a major resistance zone
- That zone is composed by the previous ascending trendline that was broken, we can expect a pullback to that area. And also in the zone, we have a resistance level.
- We expect the price to stay between the resistance level and the ascending trendline that was broken, we can see that volume is decreasing and recently a 4H pin bar was completed over this area.
- If the price consolidates there and we find reversal signals then we will be looking for Short setups on the breakout of the current corrective structure trendline.
- If price re-enters the ascending trendline and closes above that area, we will cancel our short vision over SP500.
This vision is just an Idilic concept on how e-mini sp500 can evolve, we will give an update on the situation when price and volume give us more information on how to proceed
WEEKLY VISION:
*Please note that the above perspective is our view on the market, We do not give signals and take no responsibility for your trades.
US30 Wall Street Index - Golden Opportunity with 9.0 R/RDear Traders all around the world!
Today we're taking a look at the US30 Wall Street Index. Parallel you can use this analysis as confluence for a SPX Short. If you like my work make sure to hit that like & follow button!
Price is currently approaching EQ of our bearish breaker along with daily-RSI approaching trendline-resistance too. Volume is decreasing although we've seen a nice leg-up from the 25th March on.
Tomorrow we got NFP Data that often leads to some volatility. In case of XAU/USD where TA was align with the NFP-Data, it led to a change in trend.
Overall I'm looking for a decent 9.0 R/R Short Setup as displayed, targetting a bullish OB that aligns with overall EQ.
Update after NFP release.
Government pulling the wool over your eyes....As you can see price broke our trend line, respected our resistance line then dropped, price is currently now at another little resistance level after making a bullish correction where we either see a break or bounce.
Our thinking is we are going to get a bounce very soon either at the resistance level we are at now or the resistance level just above, either way we are not going to break both resistance levels as the US economy is really not as strong as they are making out, they are pulling the wool over your eyes as they don't want to scare you.
Look at the bigger picture, if they scare you they everyone will pull money out the markets causing them to crash earlier than they are going to... everything the government do is for there own benefit... not anyone else's like they tell you.
Economy is in a bubble waiting to BURST... BOOMPrice is currently sitting at a very strong resistance that has been hit a number of times before, price also broke our trend line and price is also nearing an all time high, with the state of the US economy at the moment we can only see a bounce and downside movement.
The US is in the most debt it has ever been, stock prices are weak, unemployment is on the rise, and homeless numbers are also on the rise all these correlate with the growing crime numbers.... If you can take positivity from all this then you are very optimistic... or just very stupid ;p
The economy is in trouble the only way out is to print more money and circulate it into the economy which will weaken the USD even more and cause it to crash, its in a bubble that is going to burst.. so prepare yourself for the worst.
Idea about possible H&S and following crashAs the chart shows, everything seems written in TA ... what I see on the chart is possible H&S in making which accept all the trendlines at this specific moment...If this will happen, we can see a complete crash till the end of this month... Chart even shows possible downtrend (or even crash) starting in the end of next week ... maybe I'm copletely wrong, but till the chart will follow this idea, it can really happen... If you like my ideas, press that like button, it will mean a lot to me..... Thanks for any comments and as always, its not written in stone, reality could be completely different...
USA500 retests 50DMA for a 3rd day
USD500 retests the confluence of R1 for the day from PP analysis and the 50-day MA, at 2626 . Meanwhile R2 is placed at 161.8 Fibonacci extension from the rebound seem in December. Hence a break above this area , 2626-2640, could shift the asset further to the upside , towards the next Resistance levels, at 200.0% Fib. extension at the round 2700 and the 200-day SMA, at 2735 .
A rejection of 2640 level should turn the price action lower again. the next support holds at 2520 .
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Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
Short Fib 23,6% now. Next short target 1900points OR retracementWhen S&P500 breaks the current level of ~2300 area, chart can drop to ~1900 levels!! But, there can also be a retracement and price will rise up again, even to ~3000 area. All depends of sentiment in the market. Fibonacci only shows what will happen when price bottom or price top gets broken, not if these levels will become broken. But IF they get broken, Fibonacci predicts which price level will be reached.
February 8, 2018 I published: "February March April I expect an horizontal move at S&P500 . After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's December and the horizontal line came to an end. It is interesting what is going to happen now!
Will price retrace and go further long to 3000 points? or will it decline further and break through to 2000 area?
Also I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin , Bitcoin Cash , Ethereum , XRP-Ripple, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and Stellar. I still believe in crypto for the long- term!
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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Fibonacci pattern
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
USA500 persists into the 2,800 areaBy Andria Pichidi - November 8, 2018
USA500, Daily
US Equities remained sharply elevated with relief gains of 1.5-2.1% on Wall Street after Trump’s wild press conference. This follows Wall Street’s biggest midterm election day rally since 1982, with the USA500 closing over 2%, which is its 2nd-largest post-election rally since at least 1950 (midterm or presidential).
The USA500 cash index has rebounded by 4.3% from the 6-month low that was seen on October 29th. The rally should be seen in context of coming after sharp losses in October, which, with the midterms having largely confirmed pre-election poll predictions, paved the way for a buy-on-fact reaction on Wall Street. The USA500 had racked up a loss of nearly 7% in October, its worst month since September 2011 and the worst October since 2008, while the tech-laden Nasdaq index had fallen by 9.2%.
Meanwhile, yesterday, the index cleared 2.8k after closing above its resistance at 200-day MA, of 2,762.49, which coupled with very strong momentum, recovering more than the 50% of October’s losses. Currently, it is in correction mode, presently showing a 0.4% decline, struggling to hit more up to the next important barrier, which is at the 2,817.70-2824.00 area. The latter is the confluence of the latest up fractal, the 61.8% Fib. retracement level and the 20-week MA, and that renders it into a strong resistance area.
The overall picture of the USA500 remains bullish with momentum indicators also suggesting that there is further steam to the upwards. Momentum indicators are increasingly positively configured, suggesting a continuation of the upside movement. RSI is at 55 and rising, while MACD lines are decreasing within the negative territory, presenting a decline of the negative momentum.
However as the Resistance barrier is considered strong, a close today below 2,800 level could imply a potential pull back of the asset’s price. The huge daily bullish candle, confirmed a supportive floor around the 2,742.00-2,743.60 area, which coincides with the 20-day MA and 4 consecutive days’ lows in the mid of October. Further losses below this Support could drift the price to 2,683 (FE 61.8 set on October’s rebound, and also the 23.6% Fib. level since 2,939.80 peak).
Oppositely, on a break of the Resistance area, we could see the USA500 being boosted to October’s peak.
Andria Pichidi
Market Analyst
HotForex
Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.