3 reasons this view cannot be ignored:
1. There is enormous amount of money in the system. Where will all this money go to?
- Option 1: Bonds? Well they are all negative yielding so I dont see anyone wanting to be in them and boomers are selling theirs after a mega 30+ yr run
- Option 2: Real estate? Good luck! Tight inventory, shitty moratorium laws,...
Small companies are going to fail due to this pandemic sweeping out the rug and causing a crash of biblical proportions... Looking to get short soon investers BE VERY CAREFUL!!!
Hello dear traders.
this is my full analysis for SPX500 with its possible scenarios that we can expect in future.
tell me your ideas and questions below in the comment section😇🔥💪🏻
Watching 3700+ for failure before entry
Dangerously close to the end of a bad year. The timing could paint a nasty double top with a lower high, starting 2021 off with a soft foundation built on injections from the fed and pharma (aside from the "bad omen" that is a double top).
There was an impulse on Friday evening, not a big one but it did help to break the ATH.
So my idea is that it will continue this week on a bullish note.
On Monday it should test previous ATH resistance, which is now a strong support. And if it stands it, then it goes to the new highs - 3710’s may be seen on Monday.
Average true range is what - about 40-50 now - so...
We disassemble a new pair.
The last half of the year, this index has been characterized by sharp jumps.
It last fell heavily in October.
After that it rose sharply, consolidated at the 3493.9 line and continued to grow.
The second touch and breakdown of the resistance line 3600.6, the price started the trend.
Since November, the price rises in the ascending...
SPX500USD before the 22% increase. Analysis shows that the motion is a triple fractal sequence. Fractal sizes are doubled. The target price of the analysis is 4443.0 usd
The S&P 500 ($SPX) wrapped up a losing week, as the outlook for additional fiscal stimulus remained uncertain.
The benchmark index declined -0.82% (-30.3 points), with an establishment of an all time high session at 3,715 level during the week. The minor sell off during the week has the volatility of the index at it’s 10 weeks, with price volatility range at an...
S&P Analysis Week of 12/13/2020: Will Selling Continue?
Will the S&P continue to sell off this week or will it make new all time highs?
There has been a lot of whiplash and volatility over the year and last week was another good example. How many people thought they were in a good trade making profit only for the market to come back and take it away and...
The liquidity slushfund was the only thing keeping this party going since then and that is likely nearing it's peak if not already just peaked.
Already we see quite a bit of weakness while liquidity levels are still strong, this is likely to spell disaster for markets as it drains over the next few weeks. If bad enough, it may finally actually trigger Retail...
Wave 5 of 5 = ending diagonal zigzag pattern
VIX take SPX to 4 hour 200EMA - then last C wave of zigzag - throw-over on C wave 1 to 1 length of wave A. Then one to two years bear marked and low under 2200
Are we there yet? My ANALytical skillset is telling me $400 on this bitch before we dump but my ego is telling me to short this party bus now and take the girls home. You can have the driver (his name is Jerry) but I am taking Ivanka with me. Dont fight the FED they said.
The 1.618 extension is fairly close, the indicators lack conviction and the price has been crawling up on low volume.
I think we should go down for a healthy correction to test the market psych. I would slowly start booking profits here and there.
FOLLOWING OUR PREVIOUS IDEA OF A SUBWAVE 4 TO WAVE 5, WE SEEM TO BE ENDING THE BULLRUN AND ENTER ANOTHER CORRECTIE PHASE, WITH DISTRIBUTION (MANIPULATION OF HIGHS) BUILDING UP AND A ENDING DIAGONAL OF THE SUB WAVE 5. THE DECLINE START OR CONTINUE FROM THE NEW YEAR. TRADE SAFE AND HAPPY COMING HOLIDAYS
SPX is clearly extending above levels of speculation and lacks reality.
evaluating crisis based on impact, it is clear COVID is the dominator.
The price does not accurately represent the current state of the economy, not just in the US but around the world, it is clear we are in times of turmoil.
![SPX: [SPX] Yea, it's Finally Goin Down.. I think Sept WAS the BLOWOFF](https://s3.tradingview.com/t/tjh4cGAx_mid.png "[SPX] Yea, it's Finally Goin Down.. I think Sept WAS the BLOWOFF")
