The S&P500 has done exactly as I feared. Thesis: The US is transitioning. The US dollar was the reserve currency of the world. We exported dollars and it either sat in banks or was imported back as investment (Bonds and stocks). When we locked up Russia's money we made EVERY country re-evaluate their relationship with us. A significant pivot is happening on the...
Looking for this strucuture on s and p 500 ! i feel we will have huge dip and it will drag bitcoin too towards the downside , let's see
An exhausting time lies behind S&P500! It has been moving up and down with vivid gestures and has paced itself a bit only recently. We expect the index to take a rest in the magenta zone between 3788 and 3683 points, where it should also finish wave iv in magenta. Afterwards, it should be revived enough to rise towards the mark at 4101 points. However, there is a...
Looking at the charts during downturns may not be as fun as looking at them during bull runs, but if you're a long-term trader it's important to keep tabs on how things are performing even when the prices are down. The pattern up until recently was that when stocks went up, so did crypto, and visa versa. The "volatility" of crypto assets often makes the prices go...
SO big change happened in the last hour with markets reversing - why??? NO IDEA!! All I know is I decided to put in a Buy Order at 4250 with a TP of only 100 points at 4350 just in case markets tank again. We shall see - so far my account is up to about 24K from 10K a couple of months ago. Let's see if I can get to 100K by July :-) Stay safe! Heiko
A breakdown out of this wedge could be a nice short opportunity. Running into a big resistance area here.
When the price of Oracle reverts to the mean, then we know it's over. Current price action is a repeat of the 2000 dotcom bubble. That's my running thesis right now.
A huge bearish divergence that started in Feb 2020 might be indicating a pullback is coming. Historically speaking, all the bearish divergences in the past have usually signalled tops and resulted in large drawdowns.
lots of confluence to support this idea, but would be quite bearish
Continuing on my quest to 100k, it's looking like a bottom to me for the S&P 500 so I put in a Buy order with a TP at 4600, considering it was there just a few days back. Happy Trading and stay safe. Heiko
S&P 500 will have a major correction after a year of bull run
I am seeing the start of a possible textbook head and shoulders pattern on the futures chart. If we have a blood bath next week it could just be the start of the pain. Especially if we end the quarter badly (March 31st). There are a lot of fundamental reasons we should be cautious in this market. Europe is seeing war on their doorstep. China is seeing massive...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON US 500. The index opened the week with a bullish rally since it broke out of that descending channel. * The index is still strongly bullish looking at momentum to the up side, but what goes up must come down the question is...
Looking at the daily chart on the ES futures contract (S&P) Today was a big day with price pulling up and holding the lows form Feb 24. The market has been on a crazy bull run since March 2009 so seeing this pullback is no surprise really, in fact I am surprised it didn't come earlier. Of course there was the pretty short-term collapse in 2020 but then the strong...
Nasdaq is in extreme support will bounce back after fed meeting Note: This is only for educational purpose, please consult your financial advisor for investing.
US30 has broken to the downside with a GAP opening as explained in my analysis. Now the price is testing the previous support as resistance and likely drop from 33410. If you enjoy this analysis, please like the idea and share it with your friends Disclaimer: This is not investment advice and is shared only for educational purposes. Do your own analysis before...