S&P500 Short Setup
🔵 Entry Level: $4539.1
🟢 Take Profit: $4482.8 (2.16)
⛔ Stop Loss: $4565.2
- I'm expecting a test on the $4522, flipping resistance into support
- Then potentially a double top can form at the entry level, which would open an opportunity for a short
It IS rocket science when we are analyzing the S&P500 and where it is about to go, because this thing is literally a rocket! We expect it to rise to areas above 4549 points. After a small correction, we expect it to extend new all-time highs above 4620 points.
SPX500 Short Setup
🔵 Entry Level: $4486.0
🟢 Take Profit: $4426.9 (1.28R)
⛔ Stop Loss: $4532.1
- Reaching resistance level at $4485
- Expecting either divergence or highly overbought level on the PVS Indicator by the time price reaches that level.
Game plan: If the price flips this resistance into support (tests it), I may close the trade prematurely...
What has started like a healthy and meaningful correction, has proven to be an anemic not even 10% drop for SP500.
The index found strong support at this moment in 4300 zone and as long as this area is intact we can see it challenge the all-time high in the next trading sessions.
I will look to buy dips in search of a good R:R for my trade
The S&P500 has reached its low and is now ready for take-off. We expect the course to rise until the area around 4620 points. Alternatively, the course could turn around before 4549 points with a 35% chance.
This - in addition to almost everything in financial markets ATM - is very scary reading.
S&P500 just flashed a third consecutive (i.e. uninterupted by an equivalent buy signal) Triple Divergence (RSI, MACD and Volume) since the covid-correction on the dialy. Usually, one such signal is a bad sign, but three consecutive ones is just madness.
Another week, another all-time high for the S&P500 – and it does not stop there. We expect the course to further rise to levels above 4426 points. There, a correction should pull us down under the support line at 4353 points. In the mid-term, the course should rise to levels above 4547 points.
Bull, Bull Hooray!
Playing around with this count on the LT weekly chart from b4 2000 dot com bubble. SP500 looks like a very clean 5 up & 5 wave down pattern 1 after another. I am sure that if we dial down into the LTF we could find many complex Flat & zig zag corrections but zoomed out everything looks pretty clean.
The W3 that we are currently in lines up with 4600 rough target....
Hello Trenders and Volatility hunters.
Scanning hungry for results, I couldn´t belive my eyes when I saw SP500 Volatility Index.
This is unbelivable, the most easy and best ROI with security from Feds in the package included, in my best knowledge.
Here is hidden the "millionaire gentleman club" , wonderful.
I would appreciate every tip as a newbie.
We expect the SP500 to fly high like SnooP(500) Doggy Dogg and reach above 4238 (sorry not 420). There, a correction should set in which will bring us back below 4238 points. However, afterwards we expect the SP500 to rise again and reach new all-time highs.
A ~25% decline from here should be rather quick and uneventful. However, such a decline is likely to be just the first leg on a long road to a full ~70% decline by the end of this full cycle. - Which would be nothing more than a garden variety return to the Historic Norm ! The same goes for all US Indexes and those who are historically informed (or reviewed...
The funding a 36-year stream of expected inflation-adjusted spending requires over 38 years of money up-front;
Every single decile of S&P 500 components is at record valuation extremes; www.hussmanfunds.com
The amount of leverage in the system (U.S. equity markets) is now easily the highest in...
As can be seen in the graph, after the pandemic, it collected rapidly and it seems that it will continue the rising wedge movement to the end.
If the targets for the future will not be 4000+, we can see a very sharp decline as a result of the rising wedge formation from here. In this sense, it would not be wrong to expect the prices to fall back to 3000 levels...
SP500 at the moment is a clear buy with target above 4000
If we pay attention to the DXY chart, we are starting a uptrend but still on sideways moment, which SP500 due to many retails shorting it, has been making new highs every week, as long as dollar is weak it will keep doing it, but dollar is soon ending this sideways market to start an...