Everything is on the chart. We will go to the white fib line in the pitchfork (1 FIB) at the very least. WHY?
Fed is injecting a record ~430B$ into this "NOT QE" repo market in January. I expect the first two weeks (at LEAST, maybe all of JAN) of January to rocket up as a final push and then a breakdown. Unless the Fed continues to inject more and more cash into...
With the Holidays in full force and every body on vacation, volume should be light and trading range bound. If you need to make money on the markets, not a good time to do it.
This is what I'm looking at for the rest of the week.
Happy Holidays! and may the markets go your way...
An end of year update for US Equities with valuation targets at 3240/54 I am tracking for an overshoot into the 3200 handle to sell into. For those tracking the current flows, the most important chart I have been showing to all clients is the 2s 5s curve:
The major top in USD will help for a few months at most, as soon as we enter into the next chapter in the...
Range bound looking for a break out so we can pick a side. the range is big enough to trade but expect very choppy low impulsive action today.
not much more to say. may not even trade.
WHEN IN DOUBT, ZOOM OUT!
ON the SHORTSELL we're looking at possibility 1-2 (maybe even 3 ATHs on SPX500 index) to follow suit -- a consolidation in what is/will be a a continuation of this bullish priceaction we've been seeing; the same I've been calling for since the start of Q4 yet we are almost at the apex, the mountaintop is approaching which will ...
Hello everybody!
PrimeXBT is here again with another technical analysis breakdown, and today we are taking a look at Standard and Poor's 500 Index.
News and Fundamental Analysis:
While the Asian markets are currently subdued, Wall Street is caught within a firm and unwavering uptrend.
The S&P 500 hit a sixth consecutive high on Thursday — its longest...
SPX500USD
The market is following a Bearish Rising Wedge,If market breaks below the lower trendline of rising wedge,after small correction look for short opportunity...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close for confirmation..
SPX Look Ahead for week starting 12/15/19
The S&P 500 is in long-term Bull Market with price trading above the 50 and 200 and 800 week emas. The 50 week ema is currently up trending, but price is above a long-term trend line, so expect a correction with in the ongoing Bull Market back to the 30 or 50 emas, or the lower uptrend line. Price is following the upper...
OANDA:SPX500USD OANDA:SPX500USD
Wait for strong sell to start to enter in the trade, the mad bull creating a fake delusion in market trapping lots of buyers on top
SPX reversed off its resistance at 3205.5 where it could potentially drop further to 3058.1.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SPX reversed off its resistance at 3201.8 where it could potentially drop further to 3058.1.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Hello everybody, how are you doing.
I publish this here as a reminder to myself, so that I can follow new developments and changes later more easily. I had published a similar idea on S&P 500 / Gold ratio some time ago.
Since then there have been some changes, we are heading towards the end of 2019. Time to take a fresh look at the current graph and evaluate the...
SPX is approaching its resistance at 3204.9 where it is could reverse down to its support at 3058.1.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
It's time for a trendchange on weekly base, why?
1) We arte totallllly overboungt -> RSI
2) We haven't seen any deal yet
3) We are on montly trend channel
4) We could see a sell like Xmas 2018
We could reach 3005 - 2959 - 2891 soon.
Weekly Doji could cause Montly Doji toooo.
SPX is approaching its resistance at 3186.8 where it is could reverse down to its support at 3058.1.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
