This is the weekly chart and with only tomorrow left for this week, will it actually end positive for the week? And what about last week - Hammer candle? Bullish maybe? Hopefully? And this weeks candle might end off with a bullish hammer candle also(or positive?) Also, the AO is showing GREEN for this week so that's positive right? Hard to say with this war...
The market is likely to see a bit of a pullback continue, which is healthy in what has been a very strong uptrend anyway. I have no interest in shorting this market, and if it falls apart, I think that January will simply end up being at a great longer-term buying opportunity as traders will look to be putting on risk to kick off the new year as per usual. The...
This is a chart showing treasury yields, color coded by duration (yellow is the 1 year, dark blue is the 30 year), with the $SPX in the lower frame. Each red line shows a major market top and how they relate to yield compression followed by inversion. It looks to me like shorter term yields always rise vs longer term yields quite awhile before bear markets occur...
Crazy world we live in - who would think in 2022 that a country would actually invade another country forcefully. With that going on, the index crashed obviously, actually all of them did. I put my order in a few days ago hoping price would get down to 4200. I put my TP there but price action almost hit 4100. I'm not complaining though - from 4340 to 4200 is...
This is not a trade idea, more of a market observation. S&P500 head and shoulders speaks volumes. Markets are jittery at the moment (to say the least) with a major sell-off occurring across risk assets and currencies. Markets are over extended and volatile. Not a time to be actively trading imo, sometimes its best to sit back and wait for the dust to settle.
Could this be it? The BIG one we have all been waiting for? At least I have been waiting for it. Has ALL the forces come together in the perfect storm to have the S&P drop 30% or 40%?? I know it's going to happen, just don't know when. But so far my Sell order is doing well. Next up is 4200 level - this is a good psycholgical level and will be a decent...
I don't know what's going to happen this week in Europe, but I know one thing - tensions are high!! When tensions are high, investors get spooked. When investors get spooked, they get out of the S and P and put their money into Gold. Right now Gold is up and the S and P is down. I got into a Sell Order at 4340 and we shall see what happens this week. I think...
#SPX For the S&P 500 the right shoulder of a possible bearish SKS has started to form. Crucial support is at ≈ $4200. Should we break below, it would open up the possibility of a downward correction. Relevant support levels are at $3818 (0.382 Fib. retracement) and at $3507 (0.5 Fib. retracement) which could act as possible technical safety nets in which we could...
It appears we might see a bearish cross on the monthly MACD for SPY. The histogram reached its highest level back in Jun-Aug 2021. The histogram measures the spread between the two EMAs. We might conclude that we've never seen the market rally as much as this in such a short amount of time. The Covid recovery was truly unprecedented. The QQQ monthly MACD has...
There is no doubt that the S&P 500 is expensive on almost any valuation metric. If one "zooms out" a few things become overwhelmingly apparent. The first is that pre-great depression and dot.com bubble, the index was well above its average trend line as it breaks into the blue shaded area. Currently the index has broken into the blue shaded area whilst testing the...
Welcome to this quick SAND/USDT analysis. I have tried my best to bring the best possible outcome to this chart. Reason of trade:- SAND/USDT Triangle pattern create to buy the dip and green zone Entry:- buy green zone Traget:- 75% to 100% Stop loss:-Greenline downside candle close Remember:-This is not a piece of financial advice. All investment made by me...
A financial crisis is a term that covers various realities whose common denominator is an abrupt fall in dematerialized economic activity. Currency crises, banking crises and stock market crises are thus financial crises.
We are now at a critical point in the markets since the Wallstreet and other commodities hit the ATH with an outstanding performance. This is how I see the S&P500 Index for the upcoming weeks and a huge crash is possible in the markets. If this scenario plays out this %32 drop is coming after the %100 rally in SPX and 3K is the main support for this crash IMO.
The holy grail of trading is being able to confirm trend reversals. Using a proprietary indicator, I'm able to confirm, with a backtested over 90% accuracy a major trend direction change in the S&P 500. The chart On the left you have 3M candles. This is best for confirm a full blown bearish trend reversal as occurred in 2000 and 2008. In brief, if on April 1st,...
The holy grail of stock investing , IMO, is predicting and or even confirming a market crash, a trend change from bullish to bearish that's going to last for an extended period of time. I'm defining a 'market crash' as a trend change from bullish to bearish or bearish to bullish. How do we know when a pullback or correction is just that and when it's the start...
I took the bar pattern of the 2000 bubble pop and subsequent bear market and copied it to the present day to see what it would look like. I did adjust the shape a little to make the H&S look more symmetrical, just like the H&S in 2000. You can see it fits rather well. - The RSI is topping and expected to trend lower. - The bottom of the breakdown lines up...
Go long on us500, around area of value, possible retest.. stop loss and take profit around zones shown by trade tool...
I think its fake break out in lower time frame , good place for entry..