I see a lot of bears getting greedy eyes and bulls filled with hopium. Per my original chart, we are still headed into targets to short or get out of long positions. But! Wealth is transferred to the hands of the patient- from the hands of the impatient. The sidelines are cozy when you're aiming for the best entry.
S&P500 is approaching a key resistance level and looks likely to sell off in line with the weekly timeframe. The weekly timeframe has formed lower lows and has retraced to the 38.2 fib and key resistance. Looking for bearish price action here to suggest further downside to come.
Possible short on SP500, based on Fibo and structure, price approaching a key support turned resistance, will enter once PA agrees, hope price reaching that level!
Some space left for bulls, so im not going to chase the price and will look to sell rallies towards 2650/90
hola a todos la ultima vez di mi anaiisis sobre la caida de un HCH bajista la cual la detuvieron con una beartrap momentanea y buscando romper la resistencia anterior la cual no pudieron en los dias de esta forma se puede interpretar por un lado como un triple techo si observan bien la grafica y al mismo tiempo muestra un banderin bajista esto va traer muchas...
This is not advice. 2596 maybe 2600 or 2612 tops. Sell Everything. TP 2500 or 2420 MacD and STORSI looking OB Honey. All depends on Piggy Bank's breakfast. We'll see. Good Luck and Goodnight USA
SPX Update, short entry is approaching for those who did not catch the top. Stay patient and let the trade come to you. :)
Uh yeah. Totally Bullish Sarcastic Index. Totals. Like look at those candle structures and that so called wall of resistance ahead. Not like we gonna fall to 2336 levels. Naw dawg. Naw. Cramer keeps coming over wackin buttons, Bull on. Trumpy Bear target return to 2336
There is nothing bullish about the S&p500..... We got rejected by .382 . stop loss should be placed by the .5 level
Our levels to sell and midterm targets are described on the chart.
When S&P500 breaks the current level of ~2300 area, chart can drop to ~1900 levels!! But, there can also be a retracement and price will rise up again, even to ~3000 area. All depends of sentiment in the market. Fibonacci only shows what will happen when price bottom or price top gets broken, not if these levels will become broken. But IF they get broken,...
Bellow 2525 SP500 Sell Signal Death cross + support broken
We have a clear Head&Shoulders pattern on S&P500 day chart. You can open a Short position or to wait for rebound to the neckline zone (2600 points) and open Short there. The targets are: 1. ±2400 zone 2. ±2270 zone I will update this trade. Good Luck!!! p.s. Look my previous idea
The S&P 500 has reached a breaking point. Targets are defined on the chart.
I am considering to short SP500 based on 2001 and 2008 crashes. Any input?
We shall see which target prevails. Be nimble
This chart represent the bull and bear markets in the S&P 500 during the last two decades. According to this analysis and based on statistical inference, we could have started the bear trend that might during until March 2020. On average bear markets length approximately 18,5 Months ((28+17+11 )/3) and depreciate close to 41% ((50%+58%+15%)/3) since the life time...