Is it possible that the tech market is now in a second bubble? Although the valuation of the top 5-6 companies is accurate, what would the rest of the 455 stocks of the SPX are signalling on what is going to happen next? In my view, I believe that a few signs on the chart of the SPX does seem to indicate that a correction is due. There is a current bearish...
In240 minutes chart of the uptrend from the range of 3511 to 3833 is in the form of 3 waves which confirms the scenario of the formation of the Diagonal pattern. Currently, to get the the confirmation of the downtrend,the price should not cross the range of 3841,because the 3rd wave should not be shorter than the other waves. By crossing the price from this...
anyway it's always perma bullish also when the world is bearish lol. it's more fun to trade in our Cryptoworld !! just made it for fun. Enjoy! Happy Tr4Ding !
First I want to apologize to trading view community for soliciting my services! I violated the rules, and I will do my best to not repeat that mistake again! (I am not supposed to use ALL CAPS-references yelling/shouting so I will correct that too! Below is a copy and paste from Monday Jan 4th-all caps sorry!) January 4th Post: WE HAVE TRADED THE QQQ'S OVER...
In the two timeframes we can see that the SPX index is undecided. We received a sell signal on the 4hours, but the S&P remains bullish on the daily timeframe. Please leave me a message if you want to test the buy and sell indicators that i am using.
Let take this buy Short term analysis
All info is on the chart. Good luck
Hi traders, I'm bearish today (and monday) and you can find my targets and price action prediction on the chart. Disclaimer: This is not a financial, trading or investment advice PS: Remember to follow me, like and drop some comments Stay healthy, trade safe. Atilla Yurtseven
In some cases we can't offer long-term analysis,we have to take short term targets in to our consideration.In presented chart everything is clear , according to the Diagonal pattern the probability of down trend formation up to the determined line is existing
ES at the daily view. Welcome to 2020 where "ridiculous" is now an average Tuesday. The only thing that hasn't changed are permabears complaining every single day. What has changed are the permabulls are now more annoying. The rotation from growth to cyclical definitely blew away shorts. In fact, financials, energy, and industrial were among the most shorted...
After US election, SP500 has started to rise and now is trading more than 10% up since the recent low and just under all-time high. Although I don't see any fundamental reason for this rise the market always knows better. From the technical point of view, the index broke above the trendline resistance of a symmetrical triangle and we can see a new all-time high...
I look at the indicators on both higher and lower timeframes (2hours respectively the daily timeframe) and i see strong sell signals doubled by both indicators. It`s hard to predict the S&P, but it looks like a bearish continuation for the time being. If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of...
Mixed fundamentals resulted in a flat trading last week. Stock bulls are betting on the coronavirus vaccines and rumors out of Washington that stimulus negotiations might be back on the table before 2021. Pfizer-BioNTech is expected to file for emergency use authorization with the FDA today, which is nearly 95% effective. That means vaccine distribution could...
Wave-C type wave to retest pre- election low and also test the expanding broadening wedge support
Or do they? In an impulsive wave, the bulls manage to push above the 3550 mark. A major resistance that makes us abandon our primary expectation, as indicated in our last post. This scenario is now our alternative count, which has to be considered with a 42% probability. To further strengthen the upwards move, we need to see a quotation of 3572 and higher, plus a...
Since the election SP500 had a good run with the price rising around 10%. The vaccine announcement brought a lot of optimists into the market but the rally was short-lived and failed to maintain gains above resistance. It is possible for a false break to be in place and in this case SP could drop and retest the lower boundary of the range. I'm bearish SP as long...
After a nice Pin Bar in support followed by a 4 days uprun is time for the "hanging man" to give us a warning... Friday's session was dominated by NFP's volatility and I wouldn't have paid much attention to this candle if it hadn't been in resistance. I expect 3500 zone to be a hard zone to pass by bulls and the index could fall to at least 3200 in the next 2-3...