we are on the supply zone before the sell of, will the market sell it again or resume the bull trend?
Listen Up $SPY $QQQ $DIA -- RunningAlpha.com Capital Markets says, given major confirmations across the board in a number of high-impact economic-sensitive US equities, some of which were identified recently, and hundreds of others now flashing green on my screen, this Year end rally is just getting underway and should strengthen dramatically -- so activity is...
The chart explain it self. I am a chart expert.
Now at lower parallel of uptrending daily pitchfork. Also at lower quartile of downtrending fork. Stop loss calculated using 9month ATR, target at median line for 3:3 risk-reward.
Spy became overbought, and the VIX index reverse in intraday. We now identify a change in market sentient. at midnight i start my Short position on E-mini SP500.
S&P 500 After Hours Break Up Currently seeing a break up out of the downward channel in after hours trading. Longed earlier once bottom was in, looking for gap up tomorrow on open.
the spy if making a triangule. we have to keep looking through days to see if price break the support of the triangule or the resistance. I think is going up because is the market and EMA (200per) is acting as support in the 4h chart as you can see. Anyways, up or down its going to be a good gain. what do you think guys?
Bottom in place at 1820 for 2/3 weeks only. Then it can be challenged/breached. Next few weeks mapping 28Oct Top: 1980/2000 31Oct Close: 1966 (small weekly shooting star) Nov W1 Range: 1970/1890 Nov W2 Top: 1970 Nov W3...
Bottom in place at 1820 for 2/3 weeks only. Then it can be challenged/breached. Next few weeks mapping 28Oct Top: 1980/2000 31Oct Close: 1966 (small weekly shooting star) Nov W1 Range: 1970/1890 Nov W2 Top: 1970 Nov...
- The trading dynamics since June 2014 display a market under constraint that can't move higher overall. - It is only showing strength within explored price range. - This last leg up reminds me of the Squeeze that we had end of June 2011, the crash occured 3 weeks later.
- SP500 has had a top every 7 years. - Technically we are at similar postures than in 2000 or 2007. - There is the possiblity of a E (we had ABCD so far over 14years). - In October, SP500 will find it difficult to pass 1980: * Supporting channels that require rentry * Monthly amplitude was already 160pts when average over 10periods is...