SPX: Bear Will Take Over!!! [Short Term]According to the H1 Timeframe, we can see the rising wedge pattern was broken and SPX is most likely to head for the downside after testing a resistance level @2850 level. Using Bollinger Band, we can see the price level is at the upper band which will also meets its resistance level. Trade set up is of now, and do take note on upcoming news such as FOMC Statement which may impact SPX movement. Always becareful and will be subjected to changes. Will keep all of you updated so do keep in touch with me :)
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Spxanalysis
S&P 500 INDEX (SPX) WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick.  If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset".  The "reset" is complete when Henikin Ashi candles are back in sync with Djinn  price high or low prediction dates.  
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction.  The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
S&P 500 INDEX (SPX) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick.  If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset".  The "reset" is complete when Henikin Ashi candles are back in sync with Djinn  price high or low prediction dates.  
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction.  The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
SPX recession or depression? Read!Using this helpful indicator we are able to plot past recession on the S&P index.   Including the Tech bubble (dot com bubble) in 2000 and the financial crisis in 2008. Now we are in 2020 and we are struck with a worldwide virus, meanwhile disruptive technology is present (blockchain), with the goal to push for a cashless society. Will the virus be the spark that pushes us into a worldwide depression? I don’t know too much about recessions and depressions but feel free to leave a comment with your knowledge, the main thing you need to know is depressions last longer with larger unemployment rates. Will blockchain innovation literally save the world from economic collapse? Feel free to share your thoughts..
SPX500 - the beginning of a recession?😲Good afternoon! It was a fun week for traders! The stock market is flying down. Is coronavirus so quickly led to such consequences, or is it just a reason to make money?
The graph shows the price movement options. We have already observed a correction of more than 21% in 2018. and everyone was expecting a recession. However, the price pushed off support and continued to grow. What will happen this time ??? There are several options. Which one will work time will tell.
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Disclaimer:
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.
S&P500 SPX LONG SET UP AFTER CORONAVIRUS HIT MARKETBUY LIMIT S&P500
ENTRY 1 3014
ENTRY 2 3006
SL 2980
TP.1 3054 & TP.2 3106
Tp.3 3154 & TP.4 3206
TP.5 3254 & TP.6 3306
Stock market’s 6-day drop flirts with fastest slide into correction territory since 2008
Another sharp fall for U.S. stocks on Thursday pushed major indexes into correction territory, marking a drop of more than 10% from all-time highs. Here’s where major indexes would need to close to formally mark a correction.
MarketWatch · 9 minutes ago
SPX 2h, possible ending wave 5 up in wedge now ?SPX 2h, possible ending wave 5 up in this wedge now ? Still possible for an overshoot >> 3400 (like an magnet), and then quick drop, from there, but we don't know yet, if and why it should happen. Wait for those first reactions, and then move for a position. China-virus-fear, will beat any repo now... my belief. 
Bear dvg also in several TF's now, in this position... SMOO MOMO -indicator.
SPX 2020 Prediction, to start the year off weak! Then 3400?We just ended a decade and a wild ride for 2019 having risen nearly 30%. From here many investors and traders may assume that there will be a strong move lower because prices can't go up forever. Normally, however, after such a strong gain, markets have the tendency to continue to rise the following year. 
That doesn't mean we can't see a pullback and that is what we expect at the beginning of 2020. After having risen so much in the last two months, green week after green week volume started to thin out at the top as the big-money left for the holidays. Meaning there could be profit-taking come January. 
What happened in 2019? 
-The Fed Cut rates 3 times, providing cheaper borrowing so big money took advantage of it and flooded the markets
-The Fed implemented a secret QE4, pumping USD into the economy
-The Trade deal has had great progression, looking to sign Phase 1 (To be signed of January 15th)
-Stock buybacks over $700B which caused artificial valuation of equities
So what do we expect in 2020? A slight pullback to start the year from profit-taking, we just hit a 1.5 Fib expansion level where price failed the first time recently. The expected pullback before the continued move is the previous broken high at first at 3155 which is about 2.95% of a pullback. The ultimate level we're watching for is the 3100-3105 where the impulse for the move higher had begun, that is a 4.3-4.4% pullback from the current price. From there price has the opportunity to make a move up to 3350-3400. However the drop has to be on low volume if traders are to be excited about the upside. 
This idea is for educational purposes only, this does not constitute trading or investment advice. TRADEPRO Academy is not responsible for any market activity. 






















