The S&P500 (SPX) hit today the 1H MA200 (orange trend-line) for the first time since September 06, which was before the current 5-day Channel Up pattern. So far it delivers an initial rejection, whose pull-back can extend even below the 1H MA50 (blue trend-line).
Based on the 1H RSI though, which is posting a sequence similar to September 07 - 08, we are close to...
Hello Traders Investors And Community,
Welcome to this analysis where we are looking at BABA 4-hour timeframe perspective which is has shown some interesting confirmational and volatile signs recently, therefore, we are looking at recent events, the current price-structure, what we can expect next times, how possible entries can look like and how to handle...
Hello Traders Investors And Community, welcome to this update-analysis where we are looking at TSLA 4-hour timeframe perspective, the occurred events, the current formational structure, what we can expect next time, and how to handle the situation appropriately. TSLA established a protracted and strong uptrend where it moved with exponential growth to the upside,...
Hi my friends,
Welcome to this 1-hour timeframe perspective SPX update, the index recently confirmed a new all-time-high which exceeded the pre-corona all-time-high, now the index is in a decisive situation as the price just pulled backward right after the breakout which can indicate a bull-trap, a close above the level would have been a stronger move now the...
The S&P500 is on the verge of breaking down very hard.
If we reject at the neckline tomorrow that is bearish.
If we close above the neckline it is bullish.
Either way a big move should occur once we know where we close.
After a hotter than expected CPI, tomorrows PPI will be telling.
If we get a hot PPI and hot Initial Jobless claims number expect...
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...
S&P 500 INDEX MODEL TRADING PLANS for WED. 09/13
Our trading plans published yesterday stated: "Our current bearish bias for positional trading continues, with the bear case appearing a little more plausible in the coming days. It is hard to find what unexpected bullish scenarios could evolve in the near future, so bulls need to be a bit cautious with their...
Yesterday’s trading reflects market's growing short-term lack of interest towards a rally.
Traders might want to test numbers such as 4500.
Level to watch 4510 --- 4512
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
The S&P500 index has hit the 0.382 Fibonacci level after a 4H Golden Cross that turned the 4H technical outlook bullish (RSI = 59.782, MACD = 9.210, ADX = 36.280). As mentioned before, this is the same fractal of December 2022 to January 2023. Holding the 0.382 was key to sustaining a rise to the 1.236 Fibonacci extension. We remain bullish on S&P500, targeting...
SPX 3D support is now at $4100
Enter 50% at the current price
and try to set some BUY orders near the support zone
If SPX stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
S&P 500 INDEX MODEL TRADING PLANS for TUE. 09/12
Our current bearish bias for positional trading continues, with the bear case appearing a little more plausible in the coming days. It is hard to find what unexpected bullish scenarios could evolve in the near future, so bulls need to be a bit cautious with their current gains. Taking some money off the table could...
Hello Traders Investors And Community, welcome to this update-analysis about events since the last one, the current structural elements added to the environment, and what we can expect or nor expect from the SPX500 index. As mentioned in the previous forecast the index was and is trading in an important uptrend-channel which holding the whole bull-market construct...
Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current price-structure and what we can expect the next hours and days within J&JOHNSON. As I already mentioned in previous analysis in the current corona-crisis there are gainers and losers who are profiting either out of the crisis or having deficiencies to catch up...
A lot of market participants are falling for the Fed's illusion that a soft landing has been achieved. However, the charts are still warning that a recession is coming.
The chart below shows the extreme degree of inversion between the 10-year Treasury bond and the 3-month Treasury bill. The current inversion is the worst in over 40 years.
A yield curve...
S&P 500 INDEX MODEL TRADING PLANS for MON. 09/11
Our current bearish bias for positional trading notwithstanding, our intraday models point to a possible spike up today. Shorts need to be patient and not jump the gun but wait for confirmation for initiating any new shorts.
Our models indicate bearish bias for positional trades while the index is below 4470 on a...
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1W Chart S&P500 TVC:SPX OANDA:SPX500USD
The inversion of the U.S. bond yield curve is approaching a logical reversal point.
After analyzing the global chart of the S&P 500 stock index, I anticipate a long-term upward movement over the next few months until the end of 2023, reaching $ 5000 .
Following this, a corrective price movement to $ 4600 is...
