As the chart progresses, old post was shared wayback Dec 2022 when the index has completed the Wave A leading Diagonal, the 1st impulse of the 3-wave corrective of the bigger cycle.
Currently, Wave B might have already topped off on the rejected 4600 zone.
I'm seeing a potential 3rd and the last impulsive of the greater corrective cycle which is at an unbelievable...
short #sp500 #us500 at 4342 with very short time tp at 4311-15 around so a good 30 pips in pocket ,for long term or short term dependt of the #us #cpi tomorrow there the target 2 on simply chart below #nasdaq too can short for 50 pips no problem #gold #wti #eurusd #usdjpy #gbpusd
-much overbought and up for no reason
-while "vix" up in same time,so strange
ESZ2023 Short Shaping Up
Price tagged into a weekly FVG and weekly OB.
Just had strong bearish shift on H4.
Will be hunting M15 short setups on a retrace into H4 premium.
Target PWL.
Looks like Minor wave A likely finished today, next up is Minor wave B. Models point to 18-22 hours of possible duration which will likely see the bottom on Thursday. There are a three pockets of interest for the bottom. I used the green box (4281-4294) for the more conservative zone, yellow (4255-4275) for the more aggressive zone and my target is the white box...
📉 S&P 500 Analysis - Short Trade Opportunity 📈
Embark on an insightful journey through the world of Elliott Wave Analysis as we reveal a compelling short trading opportunity on the S&P 500 index. 🌊
Wave patterns are indicating potential downside, with Wave 5 gaining momentum and suggesting a possible correction. Join us for an in-depth analysis of the current...
Here we are, seeing the projection I posted on my site and here becoming reality.
P4 was slightly above the Center-Line.
How price is falling through it.
Next Target is P5.
Either the Warning-Line, or the Lower-Medianline-Parallel.
In between I expect a bounce up to the Centerline.
Also, keep in mind that we could get a HAGOPIAN!
That means, if price is not...
Current assumption is that Minute waves A and B are complete and the final Minute wave C should bring the market up early this week to complete Minor wave 4. The high for the week should occur prior the close on Tuesday. This analysis will point out the levels and locations to monitor for this event. An early peek of Intermediate wave 3’s final projection is also...
Oh my, I feel like a super Bear.
Every Chart I see is creating a short setup.
The S&P500 opened and close outside of the green L-MLH a second time.
Chances that it will run up to test/retest it again are given by nature. But nobody can tell.
So, I opened a small short position and I will track it closely.
The next crisis will be very similar to that of the 2000-2010 period. At first, the economic crisis will condition a bursting of the technology and fast-growing stock bubble, only to be followed by a financial crisis after a short-lived recovery.
First floor: first quarter of 2025 . SP:SPX = 2.470
Second floor: second quarter of 2030 : SP:SPX = 2.100
...
So, here we are, below the red Center-Line.
What now?
If the Bears are successful, then we go south.
Target is the at least the white Warning-Line, or the red Lower-Medianline-Parallel. What ever is hit first.
On the other hand, P3 could be in and we get a bounce up for a re-test to P4.
This is a tricky situation.
Even more because the Nasdaq looks ready for a...
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.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
No opposite signs.
Until the two strong resistance zones hold my short term view remains bearish here.
We will try to fit a few analyses into this one. First and foremost is forecasting the end of Minor wave 3 assuming Minor wave 2 ended in the first hour of trading on September 11. Based on historical models for Minor wave 3s inside of Intermediate wave 3s, the minimum movement extension was 119.45%, quartiles are 144.66%, 160.615%, and 197.56%, with a max move at...
In my previous post, I said that we have a short at hand in the SP500/ES.
1. ES Trigger Candle Bearish
That was before P0
2. ES has reached the TOP for now
That was at P3
In both postings price was not able to reach at least the Warning line (dashed white).
Now we have the 0 to 5 count confirming what happens when price trades below a Medianline, in this case...
This is my 100% believe, that the S&P500 has reached at least a temporary high.
From here we will go down, at least to the dashed WL (Warning Line).
We had the Open & Close below the Lower Medianline Parallel. But price couldn't reach the WL. So, that means we had a HAGOPIAN cooking.
A HAGOPIAN means, that price will go further in the opposite direction than...
Why I am bearish on the S&P 500?
- WBR Forecast indicator is BEARISH
- We are entering a key zone which we've struggled to breakout from for the past 5 months.
- Jim Cramer is bearish (Usually not a good thing lol) #inversecramer
My personal trade:
Stop Loss / Take Profits:
- Entry: $455.45
- Take Profit 1: $432.24
- Take Profit 2: $412.06
- Take Profit 3:...
![SPX: [EN] W Recession in SP500 // GaliortiTrading](https://s3.tradingview.com/z/z7PmUxHQ_mid.png "[EN] W Recession in SP500 // GaliortiTrading")
