Would you believe me if I told you the US & global markets (some) will rally more than 65% to 125% (or more) over the next 4 to 5+ years? You would probably call me crazy for even suggesting that will happen in a reasonably short time frame. But, what if I could show you how structurally (using Elliot Wave concepts and Fibonacci) this incredible rally may...
Dear colleagues, I think that the price has either already completed or is about to complete the impulsive movement in wave “1”, so I expect the beginning of correction at least to the area of 38.2% Fibonacci level 5205. It is quite possible that the price will update the high and reach the area of 5375 before starting the correction. Manage your capital...
This will be our final public post The collapse of modern society and capitalism has begun We must focus on preparation May you all be safe
The S&P500 index (SPX) is having another very strong bullish month, following the red 1M candle of April, which was the first after 5 straight months of profit. Many might be wondering why a deeper correction didn't come at this stage and the answer is simply that it's not yet the time for it. We present to you today what we call the "Ultimate stock market cheat...
I have been very lacking in producing educational content. I know a lot of you follow for my analysis, some others for my indicators and some others for my educational content. While I have been getting back in the groove of posting for the later 2, I have neglected those interested in educational content. So voila, here we are with an educational post! In this...
The bullish trend ended 28-March 2024... What we are seeing now is the peak of wave B of an ABC correction, based on the EW theory charting system... Let's dive in. Today we are looking at the S&P 500 Index. The first thing to notice is the new All-Time High hit recently. As explained in the DJI trade idea, this ATH is part of an irregular correction . This...
The posted best reflects my view within the wave structure . as The VIX has entered the 12.74/12.4 For months I been calling for two targetin the based on 2000 peak and the 2007 peaks they were 5261 gann 2000 peak of 1555,5 and 2007 peak 5331 I am net long puts in qqq and spy till I see otherwise
Take a look at our analysis for SPX. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5,303.24. Considering the today's price action, probabilities will be high to see a movement to 5,089.73. P.S We determine oversold/overbought condition with RSI...
For those who have been here since 2022 early 2023 when there was so much fear in the market and we called the market had bottomed. I think it was the right call, even though we had a lot of naysayers. Now I think we are nearing the end of this rally which I estimate will be sometime in February 2024. I have two outcomes the green line below which I highly favor...
Hello everyone I know if I show you this time frame it might be possible that some of you criticize me but it is my wavy and I always get good views for my next months. One important thing is that all technical and elliott rulse are becomes more reliable as long as you go to higher timeframes. In this chart, we are in a break out candle (I named it) that will...
SPX is heading to new all time high by May 21. Invalidated if breaks below Apr 19 low.
SPX going to the moon. all bets are off and the FED will inflate SPX baby to the moon. there is no way back now. REAL interest rates will never be positive again. Fed will take the path of least resistance which means we will pump stocks too the moon. There is no free lunch so the price of a cup of coffee will be $50 soon. I'll tell you a secret ... free...
The S&P 500 managed to reach a fresh all time high at 5.322 during the previous week, supported by the market optimism. This was a gain of 1.5% on a weekly level. There are currently several reasons for such a move. Certainly, economic data is currently one of the most watched by the market. Posted inflation data in the US for April, showed that the inflation was...
The S&P500 (SPX) index gave us an excellent bottom buy signal on May 02 (see chart below) that comfortably hit our 5200 Target: The pattern that prevailed is a Channel Up, holding since the start of the month. As long as it is supported by the 4H MA50 (blue trend-line) and the 4H RSI Rectangle holds, we expect the current consolidation to give a similar 2.0...
The SPX appears to be in the mid phase of an Elliott wave Expanding Flat. If a peak is made it will be labeled as Primary wave “B”. The next move could be a multi-month drop to at least the October 2022 bottom. A Common Fibonacci relationship between wave “B” and wave “A” in an Expanding Flat is wave “B” 1.382 the size of wave “A”. The January 2022 to...
Not even gonna guess how high will it fly. Got higher than we expected already. Smoked bears, gone into hibernation. Here are the fib levels for your consideration. Notice price approaches the top Bolly Band. Not a lot of room left to squeeze but it could pump higher. Not overbought yet. Short when it gets there. Bewary.
Following better-than-expected inflation print for April 2024, investors found once again an excuse for relatively bad data to be good for the market in anticipation of rate cuts, causing the S&P 500 Index (SPX) and other indices to soar to new all-time highs. However, just three or four months ago, the general expectations were for seven rate cuts in 2024,...
Everyone senses there is something coming, but nobody knows what it is. Regardless the markets will correct massively, technically because we haven't had a 0.61 fib correction in a decade, secondly because the bags are too heavy and everyone is bagholding, we need to shake those who call themselves diamond hands at +50% price discounts, i.e. cheaper...