Many countries are releasing stimulus right now increasing Singapore. I think it will help boost the economy slightly. However, based on Fib retracement, a good entry level for S&P500 ($1705-$2350). A Fibonacci retracement is a term used in technical analysis that refers to areas of support or resistance. Fibonacci retracement levels use horizontal lines to...
As requested by many to take a look at equities market, i shall do some basic analysis from now on on the shares market in US and globally. Equities Market just surged for futures of S&P500 because the Federal Reserve Unveils Unlimited QE Amid All-In Effort to Confront 'Severe Coronavirus Disruptions'. I think this is the first time its ever done an unlimited QE...
The S&P 500 index is a benchmark of American stock market performance, dating back to the 1920s. The index has returned a historic annualized average return of around 10% since its inception through 2019 and thats a good representation of the market. Compared to fixed deposits, yearly returns ranges from 0.5%-2%. While that average number of 10% may sound...
First Crisis started in 2000, Second one came in 2008, now the Third one in 2020. It gapped an average of 9 years between the cycles but market correction is a part of each cycle. Good entry region between $766-$1816 for S&P500.
First Crisis started in 2000, Second one came in 2008, now the Third one in 2020. It gapped an average of 9 years between the cycles but market correction is a part of each cycle. Good entry region between $766-$1816 for S&P500.
Traders, We are watching history in making. S&P500 index has fallen heavily however there may be light at the end of the tunnel. This analysis is from pure technical point of view. Hit the like button and subscribe if you enjoyed this analysis. Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas...
When we will see 2300: 1 in a few days 2 in a few weeks 3 in a few months
Everyone is aware of the recent drop of all markets. Here is a rather simple and quite obvious chart showing some possible targets where things can get to normal and back to bull. Hopefully we will not go to the 2009 lows ;)
Yesterday was a very significant day for the S&P500 (/ES futures), and the associated indexes. Intraday, it was an interesting experience to see the index flat out, in some sort of anticipation, then react with a surge on the surprise news break of a 50 point rate cut. And only to be digested badly with more fear being stoked and more downside that followed to...
Dates in the future with the highest probability for price direction reversals
What a week! The S&P tested the 50% retracement down like a falling knife and ended with a bullish pin bar. It appears that the markets are poised to rally next. However I would trace my stops up and be wary that a retest of the long term trendline is possible since the corona virus fear has yet to peak.
Technically, the S&P500 (and its corresponding /ES futures) are bearishly divergent iin the MACD in fractal time frames of 1h, 4h, and evenn Daily charts. Shown here is the 4h chart of /ES and it gapped down in Asian opening hours after a lond weekend holiday. This appears to be a Gap and Run scenario, at least at this point of time. This move appears to have been...
Hey guys, it looks like a big short is coming. What do think?
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can sell SP 500 AUDNZD from 3290-3300 Stop-loss at 3340 You will find more trading ideas in SAV Finance community.
So if you haven't heard.... the coronavirus zombies are causing helicopter crashes in Los angels. Basketball gods are dying. The New York Times tries to take down president trump.... again. The scary Fed is speaking this week. rockets were fired at U.S Embassy in Iraq. Sell everything right? I like snp here on a washout early monday. looking back at...
I do not want to get too into depth on the SPX as this is mainly for my personal future reference however I will say that I believe the SPX will reach a high at 3400ish and go no higher than 3800$. I also believe there will be a downturn of around 40% from the highs in the next year meaning I think the bottom will be in at around 2100$ The bottom will take appox...
As of now SPY is still considered bullish. There are two distinct paths from here on through the holidays. If the stock doesn't break the ATH before December 27th, it is highly likely to go sub 300. Breaking the ATH in said timeframe could send the stock flying to 325-340. If the stock closes below the first guide-line, it is likely to cross the second guide-line...
If broken out above line 'X', measure +10 points from the point of breakout to your next target.