SPX (S&P 500 Index)

Morning Notes 04/18/19 Sentiment Timing Trading Environment-Short Term: Current Environment-Neutral/Bearish If you like our post and would like to continue seeing them, please help us grow our network-Thanks You!! 1.) like our post with a thumbs up (each post) 2.) follow us-you will be alerted via email with each post we enter 3.) leave a comment (It...

A technical study.

- The S&P 500 is nearing a strong resistance at 2900/45 where everything is possible from consolidation phase to profit taking or 7-10% correction. - Profit taking is possible (FOMC meeting 1 May, US earnings season, ECB meeting 6 June, etc). The risk is that global central banks’ policy U-turn during 2Q19 is largely priced in and markets unlikely to get more...

Divergences starting to perk up all over the place.

Adding to short position up until 3k. Such broadening patterns are more common at market tops than bottoms.

Pattern: Bullish Megaphone on 4H. Signal: Bullish after the price rebounded exactly on the Higher Low. Target 2,930 (projected Higher High).

have been curious about iwm / spx divergence. had considered buying iwm calls.. am going to pass. struggle continues.. will the 'trade deal' save huge american companies? Will China's new presence in global economy cause our next recession? Will our bloated, lazy multi-national corps struggle to innovate? These are the questions.. Answers likely not too...

Anticipating a SP:SPX/AMEX:SPY bearish entry for the next few weeks. Speculative over-purchase on the Trade Talks optimism, surpassing Q2 resistance line weeks back, now should revert back to norm. Assuming the buyback blackouts, earning surprises, and trade talks headlines for the next few weeks aren't as positive as the...

#XLC - communication services sector

Abcde labels are unnecessary but used them to identify points. This is very bearish given the wedge began after the significant drop in Dec 2018. Might signal the continuation of a Bear market.

#XLI - industrials sector etf

#XLK tech sector etf

#XLV Healthcare ETF-first out to activate it's head&shoulder?

After such an aggressive selling of yesterday, expect the market to be a range bound day.

Morning Notes 04/17/19 Sentiment Timing Trading Environment-Short Term: Current Environment-Neutral/Bearish If you like our post and would like to continue seeing them, please help us grow our network-Thanks You!! 1.) like our post with a thumbs up (each post) 2.) follow us-you will be alerted via email with each post we enter 3.) leave a comment...

A day/week/month/year approximation.

SPX futures look weak, but I SPY a big wedgie, no tanking until it breaks the wedgie. Can't imagine there's going to be a lot of buyers tomorrow though since it's the day before a holiday weekend. Health care sector shows that there's very little liquidity at this price level. Not sure what, if anything, is going to cause the broader market to tank since...

Not financial advice, just a really good idea.AMEX:SPXU