S&P 500 INDEX MODEL TRADING PLANS for THU. 09/28 Since our published trading plans last week pointing out that week's 4505 level as potential top for the near term, the market has been in a free fall mode. Our models indicate 4340 as the level to close above for the current bearish bias to be negated. Until the 4300 handle is regained, there is no indication of...
We all know that global indices have been under pressure whilst the US dollar and bond yields scream higher. But with the S&P 500 respecting key levels of support and forming a bullish hammer on Wednesday, perhaps it is time for at least a sympathy bounce? Furthermore, the hammer low perfectly respected trend support and closed above the 200-day EMA, with a...
Unfortunately, yesterday led to continued downside. Oscillator is crossing back down and threatening its headed into oversold territory. We now have multiple gaps above acting as resistance. I think we'll see a "breakdown zone" retest (430-436) but at this point the 200 day EMA and the old draw on liquidity is closer and thus much more likely to happen...
S&P 500 INDEX MODEL TRADING PLANS for WED. 09/27 Since our published trading plans last week pointing out that week's 4505 level as potential top for the near term, the market has been in a free fall mode. Our models indicate 4340 as the level to close above for the current bearish bias to be negated. Until the 4300 handle is regained, there is no indication of...
Hard to say what will happen next. We could see a false break out of the 430 level, or hit the 415 and then a violent rejection like it did before. But just by seeing the way it closed the past week, at least is going to try to break the 430 level, I expect more volatility that's why I protected my long positions selling covered calls. I'm not sure about a market...
Post 2009 Financial Crisis, they made movies about the housing and economic downturn. Here’s the thing, there are over 10M financial advisors, money managers, hedge fund managers, and fundamental and technical analysts in the industry. This doesn’t include the geniuses in the Financial News business. However, why did only a hand full of that total population...
Rate news last week really destroyed this index. SPY has a lot of work to do in order to go higher. For the time being I remain cautiously optimistic and think we pause and seek higher liquidity. Oscillator looks to be bottoming but there's no strong confluence of support in this 430 zone. The "strong support" zone is going to be around 422 where the 200 day ema...
S&P 500 INDEX MODEL TRADING PLANS for MON. 09/25 As our daily trading plans reinforced before the FOMC meeting stated: "...any indications of the Fed potentially pivoting to "being done" can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball that can tell...
könnte sein, dass sich das Niveau mittelfristig wegen der Zinsen normalisiert auf das Niveau vor der Phase ohne nennenswertes Zinsniveau
Hello trading community! The ES Futures seems to be Bearish, and we can watch in this chart 3 Higher Lows created. A strong support that was tested three times has already been crossed and tested to create a new possible resistance. The Dollar continue to show strength, the DXY is again testing the resistance, and we believe this time will be a strong long...
with all the selling pressure going on right now and with everyone convinced that we are going lower it's becoming clearer where the right path is. The next target is all-time-high!
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
S&P 500 INDEX MODEL TRADING PLANS for THU. 09/21 As our daily trading plans reinforced before the FOMC meeting yesterday: "...any indications of the Fed potentially pivoting to "being done" can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball that can tell...
noticed a ABCD pattern in SP500 daily / target to rebound is 4.300 - 4.250 there is as well a support from 02. june 2023 till 08. june 2023
S&P 500 INDEX MODEL TRADING PLANS for WED. 09/20 While the interest rate decision of the Fed at this week's meeting is a foregone conclusion, it is the semantics of Chair Powell's presser that the markets are going to obsess over. And, for the right reasons, as any indications of the Fed potentially pivoting to "being done" can spark a frenzied rally in the...
The SP500 index continues to rise as long as it remains above the 20-week moving average, but this may be coming to an end. Weekly closes below $4436 will create a negative outlook. A correction could push the index down to the 100-week moving average of $4160. But as long as the index remains above $4436, the rise will continue.
S&P 500 INDEX MODEL TRADING PLANS for THU. 09/14 As of the latest trading plans we published yesterday, Wed. 09/13: "Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias". Just like the CPI numbers yesterday, the PPI numbers and...
The rally off the August 18th lows is an overlapping mess that stands a high probability of concluding very soon, if not TODAY. However, yesterday's CPI report market reaction marked a unique opportunity to remind followers, that markets are not linear. You can choose to look at the CPI report positively through a bullish or bearish lense. The reality was the...