Looking at the TVC:US10Y - TVC:US03MY and the AMEX:SPY it seems that during a recession like this TVC:US10Y - TVC:US03MY should rise and AMEX:SPY should fall. Will it be the case this time as well or is this time different? Maybe the FED cannot allow TVC:US10Y to rise this time due to the amount of debt and will instead impose yield curve control...
ES at the 4 hour view. Resistance above held for now. ES is stuck since tech is bleeding, but financials and transportation sectors are rallying. That's actually a bullish move. ES may pullback since P/C Ratio is at below 0.65. VIX is also about to reach a support zone soon as well. That said, with liquidity rising and key sectors rising, ES may be setting up...
This is the ES at the 4 hour view. Banks earnings were today - especially JP Morgan and Wells Fargo. Why did the ES rally? FOMO bears. Everyone was expecting bank earnings to be bad. So, if everyone is already bearish , they already have short positions in anticipation of bank earnings . ES' projected supports were near the VPOC around 3115 or the flag support...
Not much has changed in the stock market. We are still in the same range. Based on the rejection we got last week, we can expect SP500 to test 32xx range (possibly even higher to form a double top near 3400). Advanced Decline Line broke higher than it was at the beginning of this year. That is bullish for the short-term. Based on cycles, we can expect trend...
We got a nice rejection near the first level of resistance (I mentioned it in previous SP500 analysis). Sellers entered with good volume, but the trendline is still holding!! Likely there will be attempt to break it. There is a possibility to retest 2 important zones before this attempt - previous swing failure and yesterday's top (to form double top). Don't hurry...
ES pulled back today. Why? RSI was overbought at the 4 hour view. Put/Call Ratio was at 0.67 before the pullback. Below 0.75 is considered overbought or a bit extreme. You know what's the crazier part? TVIX was delisted on July 12th. I guess Credit Suisse knew... ES is in a bear flag right now. ES and RTY's fate rests in the XLF and XTN/IYT. If financials and...
As we expected SP500 rallied before July 4th. We still don’t have any swing signals. Based on cycles and seasonal indicators we can see a choppy trading coming week or two and formation of distribution with possible upthrust near 3200. If that happens, we can expect selloff. Price action confirmation and divergence with the advanced decline line needed. For now,...
sell at 10854 and tp under 10000 do with 2 lot first lot cut in half of target like 10480 lot 2 made a stop loss at 10600 as exemple when he reach less than 10500 if you see the volatily very high coupled with a bed news.u can go down than 9950..just do a traling stop manulally
S&P500 daily- Consolidating into a Symmetrical Triangle, after breaking down from Uptrend. Interesting, AUD/USD daily chart looking like a carbon copy too.
Since the market is closed tomorrow, the first tiny bubble finishes at 1 pm eastern time. The markets looked relatively weak after seeing such a stellar job number, good job, Trump! I am looking for next week to roll over a little bit. I just tested out a Fibonacci fan, which we see around the 3111ish area looks like support. It also played the expected move on...
SPX500USD was rejected at 3150 resistance once again. I think if the next 2h candle will turn red, it can be a good idea to short it. Otherwise short on another test of 3150 looks reasonable. Maybe it will break it this time, but historically R:R is good here Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes,...
For the week ahead, the 2975.75 is a key level to watch. If you notice my annotations, I am indeed outlining that there are two possibilities for price to play out. We're not here to make predictions, but the observation of how price plays out along this level is very important. Fundamentally speaking, the US is potentially in the second wave of the COVID-19...
Daily view on Sp500 valid for June - July Advance targets Possible Adam and Eve top formation pattern Descending triangle We might dump / drop on Sunday / weekly open Possible targets : 2935 2800 Spy bottom gaps Spy closed lower than Spx From what we have noticed is that whenever Spx closes above the spy close we have a sharp fall in prices on the...
Hello traders, here is the analysis from our team: Price NEED to stay above 3080 with pullback at or above price to seek possible new high. Good luck.!!! Let us know in the comment section below if you have any questions.😉
Les prix sont en range H1 depuis 3 jours. La cassure du triangle m15 à l'intérieur de ce range conduit les prix vers la borne haute de ce range H1. La cassure de ce range H1 amènerait les prix vers le haut du range H4
And don't forget to take your profits...
Zone Sell : 3004 Target : 2970 Zone Sell : 2954.75 Target : 2935 And don't forget to take your profits...
S&P 500 (SPX) has shown a splendid (but unnatural) rally in couple of months. However, before having a sustainable direction, I would expect the prices to retract towards 3135-3130 levels.