This post is to show you an overview of how the SNP500 has grown and declined over the past 4 presidencies, starting with Bush Sr. (1989), and now currently, President Trump (2020) - respectively.
We can see some very interesting commonalities between the red and blue. Just a disclaimer, this is not a political post, so please keep the comments mature! This is a...
Bearish hidden divergence evident here. The bulls will have to contend with a lot of selling pressure all the way up to the election and perhaps into the new year. The Republicans don't want to pass the stimulus bill. They only want to be able to shift all blame on the democrats for the crash that they are orchestrating between now and when Biden assumes the...
The SPX (SNP500 Index) monthly chart has been giving clear signals in the past with regard to overall changes in trend. With all of those trends taken into consideration, we can see an extremely similar situation with the current price action. As we also take into account for current political, geopolitical, COVID-19, and tech stock inflation factors, we can...
Snp Reached the daily strong resistance we might be looking for shorts in this area
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here is what could be playing out in S&P 500 the RSI is now start to show over brought
I have made a short position showing what the target is for the wedge
This is not a dot com bubble or a housing bubble, this is "Everything Bubble" which is about to burst.
The crash will potentially be quick and painful.
Dollar is about to collapse.
Covid cases will rise in september due to weather changes.
Stimulus checks will not be enough.
Smart money will start taking profits.
Be careful
This is not an investment advice,...
The last two days of the week saw a technical turn in the S&P500 futures, ES1!. It started with a surge rally that sputtered, followed by a bearish engulfing and a down candle to complete the three outside down candlestick pattern. This is supported with a MACD crossdown in a bearish divergence setup.
Appears to me meeting the 55EMA, the trailstop and widening...
The S&P500 futures the ES1! 4H chart shows a consolidation range of about 150 points with the 55EMA running in the middle of this range acting as a medial resistance. The 4H MACD suggests of a bearish bias; and breaking out of this range below the support means a continuation of the downside. 3100 appears to be the strong resistance at this point.
Some things are...
1. RR is good
2. EMA Cross over between 8 and 21
3. Divergence on the hourly chart
4. TDI is showing bearish momentum
5. Price action broke 50day EMA
6. Asian range was broken as well.
7. Double top at major resistance
** Do not really enjoy shorting stocks but this is a clear divergence set up. Good RR to take
The S&P500 has been in its longest bull market in history, did that come to an end in March 2020?
Is this a dead-cat bounce or is the bottom in and we should starting putting on our S&P500 40k hats?
One sign of this being a dead-cat bounce is that since 2018, the RSI (an indicator of the momentum) has been declining while prices have been rising. In 2019 and...
