SPX (S&P 500 Index)

I feel as if the drop may have ended today (Friday). We shall see. By the way, the price action for the SP 500 perfectly touched that ascending neck line of this possible head and shoulders, before dropping. Things that make you go hmmmm. Lastly, I was just not that impressed with the Vix and Tvix move. Kind of weak...is that telling us something?

Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil

IF YOU CAN'T SEE LOWER CHART, PLEASE RIGHT CLICK ON LOWER PRICE AXIS AND SELECT "RESET PRICE SCALE" Dividend Yield to Gold ratio for S&P500 green rectangle: BUY gold red circle: SELL gold

Update to a previous idea.

Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil

Me applying the wyckoff distribution phases to spy. Below is a description of everything on the chart. I know it is a lot but it is well worth reading. the mind is a terrible thing to waste. Please check related ideas link for more information into wyckoff and this distribution phase. THIS IS BASED OF THE WYCKOFF DISTRIBUTION PHASES. Phase A: Phase A in a...

potential short trade on spy. the market is very close to an important supply zone. this zone matches perfectly with the completion point of ABCD pattern. I will be looking for short 2940 - 2960 zone. T1 - 2895 T2 - 2840

As in, we're not going to go make a new high from here as we did in May. News is PBOC is going to manipulate Yuan in a way the world will be OK with. Well, the problem is that is not what kicked this move off, the new round of tariffs and feeling of no progress in trade talks. That has not changed. Also, suddenly we're happy about them manipulating their...

The index has just made a Higher Low within the 1W Channel Up (RSI = 47.048, MACD = 40.350) and technically appears to be ready to rise again. Since March the 2,728 level has provided Support every time the 1D MA200 was crossed (marginally) so consider this 1W Support the limit. The Higher High sequence is projected to be completed around 3,080, which is our...

Wild week. Volatility is picking up, $57.25 expected move seems low given that we moved $100 on Monday alone. No clue what's going to happen next week. Leaning bearish. Bond market seems extended. Stock market has no incentive to invest. Your money carries you further in heavier risk environments. Last Week's Post ($58.5 Expected...

At the moment we are in R -> S move, according to the analysis visible on the picture, I predict that S&P500 will go down after approaching $3k per share. Subsequently, the market will enter a strong downward move S -> T The pattern of the analysis remains the same as I published on Feb 13th 2018, however, the size of peaks has shrunk. I believe "sell" signal...

The price bounced many times from Support/Resistance Zone. It will be good entry point near this Zone. Potential profit will be in 5 times bigger than risk.

sketch, Trend line approach.

S&P 500 Index got back above both Trading Range and Key OB. After making a Higher High, now it has made a Higher Low too. Also considering the volume, this seems pretty bullish. A bullish retest will trigger our entry, then we are good to go to Fib Extensions. Entry: 2911 SL: 2769 TP-1: 3199 TP-2: 3099 R/R: 2.03 ‪Please let me know if you have any suggestions or...

Analysis: The S&P 500 was moving in one constant upwards trend channel, since the beginning of 2016 until October 2018, when we first broke downwards. We had lots of support points on the channel and we have always bounced back up, however right now we are starting to see major resistance from the trend channel (marked orange areas ). This resistance and the slow...

The market doesn't go straight down, and it is definitely oversold on the daily. Futures are down big already but they gapped down AH, and futures gaps always close. My best guess is a scenario similar to Feb 2018, we get a big gap down tomorrow, and reverses in the morning to at least fill the futures gap. Then again, who knows, maybe they'll just fill it...

The market had to bounce because it got oversold, but the bounce won't last long, there's no MFI divergence. I'm expecting the market to do the same as it did the last time Trump had a China fit, I even overlayed the arrows. (Someone's gotta teach me how to overlay candlesticks, would be interesting to see an intraday overlay of the drop.) So a small bounce on...

I have been following this POTENTIAL fractal pattern on the vix and one of the reasons in my post a couple of nights ago, led with "What is the vix telling us"? Fractal pattern do not follow exactly, but mimic a pattern in the past. I labeled what I am looking at and so far, it has followed the script. I am NOT 100% sure it will this time, but the pattern is very...