S&P 500 INDEX MODEL TRADING PLANS for FRI. 05/12 Other than the simmering regional bank crisis concerns whipsawing between the sentiments of relief and concern, there does not appear to be much for the markets to go by these days. The depressed VIX could be pointing to potential complacency in the markets that could unravel in the coming weeks to either...
When I was small And Christmas trees were tall We used to laugh while others used to play Don't ask me why But time has passed us by Someone else moved in from far away Now we are tall And Christmas trees are small And you don't ask the time of day But you and I Our love will never die To kiss and cry, "Come, first of May"...
S&P 500 INDEX MODEL TRADING PLANS for WED. 05/10 As we wrote in our published Trading Plans yesterday, "The CPI and the PPI releases this week are likely going to make investors contemplating over the basics of the markets - economy, inflation, interest rates, and, maybe, freshly obsess over potential recession.". The post-CPI market action so far is...
S&P 500 INDEX MODEL TRADING PLANS for TUE. 05/09 With the earnings noise in the rear view mirror, markets are likely to go back to the basics this week. The CPI and the PPI releases this week are likely going to make investors contemplating over the basics of the markets - economy, inflation, interest rates, and, maybe, freshly obsess over potential...
The chart is self-explanatory, I have highlighted in the chart where we saw remarkably similar price action in the past. I have identified two different structures in the chart, a parallel channel, and a disjoint channel. We are currently trading in the disjoint channel. A disjoint channel has expanding edges which have same slopes locked in opposite...
Bearis in sp500 at specified target stopp loss and entry levels. Note- This post is purely for educational purpose only.
Looking at the short execution of the bearish harmonic PRZ, confluent with the .786 and 0.886 retracement of the whole move up It's a day trade. It can be a swing trade as well based one's risk capacity for Swing Trade SL is much higher at 4280. Alternate View of the chart with all the levels of interest. I have over 6 years of trading and investing...
Amazon rarely delays deliveries, but I ordered the crystal ball over 30 years ago and it still hasn't arrived! 😢😂 ...So, I don't know what will really happen in the coming months, but what we can do right now is try to make some considerations. The chart above represents the DJ Transportation Index , an excellent "thermometer" of US economy. If we look at a...
Bullish in S & p 00 at discribed levels in charts. Note- THIS analysis is only for educational purpose. Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.
S&P 500 INDEX MODEL TRADING PLANS for FRI. 05/05 The strong Non-Farm Payrolls number on top of what Powell had to say yesterday after the FOMC rate decision should have pushed the markets down worried about "higher rates for longer time" but the markets seem to be celebrating mainstream good news for now. The options positioning and the extremely bearish retail...
Since the beginning of the year, SPX tried to pass 4200 several times and failed each time. With the recent failed attempt on the first of May, we can consider this level a very strong ceiling for the index and could expect a test of support. I'm bearish on the medium term and traders could look to sell rallies around 4100. Such a trade with a stop above...
Let’s recap what was expected from . Based on specific historical wave data for waves ending in 2BC2, Intermediate 2 had quartile retracements of 33.44% (1st quartile), 60.60% (2nd quartile/Median), or 77.87% (3rd quartile). These levels are depicted on PATH TWO in the chart above. Wave 1 ended 2 days after the analysis was posted and the adjusted potential...
S&P 500 INDEX MODEL TRADING PLANS for THU. 05/04 While the FOMC and Powell could not scare the markets enough yesterday, the Regional Banks are accomplishing that and some! With the KBW Regional Banking Index is now flirting with the 2020 Covid-19 lows. And, it is May (the "Sell in May and Go Away" adage on the street, and in academic research)! Looks like a...
S&P 500 INDEX MODEL TRADING PLANS for WED. 05/03 Thirty minutes into the FOMC rate decision, markets appear to be yawning at the numbers and just waiting to parse every word Powell is going to speak at the press conference beginning at 2:30pm ET. As of now, markets seem to be in a dilemma as to whether to be scared of the Fed speak about being tough on their...
As of late, the vast majority of us probably have been hearing about "too big to fail" or " a free market vs. a central market" What does all of this mean?" Well, let's go over some of the basic stuff. As in some of my prior posts, it is important to understand that the "Fed" does NOT control mortgage rates or loan rates from your local banks. Let me repeat that...
All credit booms brought about by Central Bank-induced artificially low interest rates and loose lending standards end in busts. In the recessionary phase that follows the boom, credit becomes much harder to attain and many over-leveraged businesses end up going bankrupt. The recessionary phase reveals the malinvestments and unsound business decisions that were...
S&P 500 INDEX MODEL TRADING PLANS for TUE. 05/02 In our first trading plan of this trading week - published yesterday, Mon. 05/01 - we wrote: "With the FOMC meeting this week, everything else takes a second place until Wednesday. Expect a push-and-pull action in the markets heading into the event. If you are not a nimble trader, wait until the event is over for...
Bearish at 4177 , stop loss 4182 Target 4168 NOTE-This post is purely for educational purpose only. I post to show my skills. Its not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.