HamedAghajani
Short

Duration between S&P peaks

FX:SPX500   S&P 500 Index
372 9 13
The trend line follows the lows in corrections in the late 1990s bubble through the tops in early 2000 and late 2007. Looks like we already hit that trend line peak on April 27 at 2,126. But even that isn’t the most interesting point here. The tops in early 2000, late 2007, and late April 2015… are exactly 392 trading weeks apart.

Source: https://dentresearch.s3.amazonaws.com/EconomyandMarkets/images/051115_ENM.png
Nice chart and good points. Now we just have to see how the final stages pan out
+1 Reply
HamedAghajani WallStScalper
Thanks for the comment.
Reply
Daily chart analysis, reveals another interesting story;
Despite the attempt in making new highs in price the, RSI is bound under 60-65 resistance line, and divergence between the price and momentum indicators is at a level of a sever warning.
Reply
HamedAghajani HamedAghajani
A similar story applies to the intra-day (6H) outlook.
Reply
HamedAghajani HamedAghajani
Reply
The S&P failed to close above the trend-line which is now acting as resistance. On the basis of momentum indicator, this is the 3rd time it is going to test the 45Weeks EMA. At the moment the price is still above 9 weeks SMA. The other two times that priced tested the 45WMA, it felt for at least 3 consecutive weeks. Lets see if this is the case for this time too, if affirmative, How many percent, then?
Reply
HamedAghajani HamedAghajani
Adjusted resolution;

Reply
interesting... nice chart and good points - I am bearish so probably bias anyway - but this is very good analysis
+2 Reply
HamedAghajani dionvuletich
Thanks, appreciate your comment. Kind regards, Hamed.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out