The S&P 500 ( US 500 ) has experienced a remarkable 15% rally since its lows on October 13. This was the second bear market rally in 2022, after the US stock market officially entered a bear market in May. If we are currently undergoing a two-month bear market rally similar to the one saw last summer, the S&P 500 index is expected to peak at about 4,050 points on...
sloppy. use the 5m overall-bearish expecting the bear flag to play out. MMs want more call buyers. should find new lows by next rate hike
close by, or NOT. -The only thing that's suggesting other wise is Inflation news + Incoming of Tapering !!! *** LIFE isn't easy it is NOT don't try to MAKE that way... LIFE isn't fair NEVER was it's never NOW it won't EVER be... Do not fall into the TRAP, the ENTAILMENT trap of FEELING like you are a VICTIM your not get OVER it get ON it. Matthew McConaughey.
According to John Murph's book this is as good as it gets text book up ward channel. You nee to through in there resistances, supports and some fibs. Happy hunting if you are bullish.
Breaking our last low is just a game changer for a while we will see a new ATH if we do that we stand at it to the point therefore this move of VIX is just another validation for this Bullish move and more to come if VIX stays here below 50d MA .
Breaking out off our last high is the first sing of bullishness = Higher highs. Breaking out of the sloping trend line is 2ed sing of a trough is already in place.
Algo's play ground .85 Fibs retracements for Elliott guys
SPX Yields Vs 10Y will let the big dogs shift from stocks to the 10Y for better retunes and much safer/secure investments. Little guys need to watch carefully for this shift if it's even a probable scenario. But when we have such high spikes like today volatility will increase in the mkt and we could see a big final drop in our Y wave of WXY or even...
The beauty of Elliot wave . Does not get better than this.
- If this is an actually playing as a WXY, double zig zag, the the ideal trough area using both large/small degree counts would/could/might be in Red boxes below 1 & 2 common ground !!! -Or it could be WXYXXY, triple zig zag
- Green count, we just finished W2 of 5. We also, just finished W1 of W3 of 5 -Blue count, ABCs all the way to our "TOP" - July, 25 2021 is where 5=3 of an Extended W1 count 9.24.2020 is our 2ed. "D Day" . other wise we are in 1-2 i-ii set up. - 2 probable counts till top W/ 7.25.2021 as the finish line !!!
Looking for one :-). If you are saying this an beautiful divergence & it should plays out well, you might want to reconsider another time to trade when there is no "Stimmy"
SHORT this spread endlessly!! Here is the Weekly The "math" bears this out, readily! NIKKEI225 has a 13%-15% advantage - including FX - over the SPX. This is by far the best Equities/Risk spread out there if one must be long equities. (... which one ought Not to want to do under any circumstance, at these levels! :-) Here is the FX component - USDJPY
Hello Fam! Short Reasons: reformed head and shoulders pattern and now breaking out. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Please give this an idea a like if you found it helpful. Price still has the potential to reach lower. Next Objectives are 3280 & 3250. Remember, I am eventually looking for 3200. Refer to the related ideas attached to this post. Thank you.
Hello Fam! Short Reasons: rising wedge breakout, head and shoulders pattern Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Hello Fam! S&P 500 index broke the rising wedge pattern and now goes downward. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!