Today we are here to talk about the SXP500 index. Today: The index is trading at 4462. In the last trading session, we saw a sharp rise in prices to the level of 4485, which I mentioned earlier here is a link to the idea. What's on the market now: The market continues to develop lateral movement. Perhaps there is a good place to enter the market. What are we...
SPX S&P500 is looking bearish for now. I think we might see an inverse head and shoulder chart pattern before closing higher this year. Looking forward to read your opinion about it.
SPX - Again, similar story with SPX (95% Correlates with the DOW) This moves, dow moves, again today not respecting anything (Due to the sell off), another butterfly forming here, if we don't see this demand respected ill be looking for shorts on Indices, lets see what the opening bell brings. Let me know your thoughts! * Disclaimer ** These ideas I never...
I think we might see the end of the war soon. Russia says the first phase of its “military operation” in Ukraine is mostly complete. I am considering a W-Shaped Recovery on SPX and a price target of $4710. Looking forward to read your opinion about it.
Followed by the Rising Wedge Breakout, we can see very clearly that SP500 lost some momentum - all of this on the background of Fed's Rate Hikes Expectations. The Head and Shoulders pattern is clear and obvious - let's dig some more important details: 1.Volume Distribution: The volume distribution in a proper H&S Top should be concetrated on: The left...
On the Weekly chart it can be seen that the wedge pattern is respected with three down waves The same pattern arose on the Monthly timeframe, yet a third wave is absent, and bullish continuation was the result Thoughts?
Things are not looking very good for risk assets after the break below 200 MA. FED interest rate increase is a headwind for stocks generally and growth stocks in particular. It seems to us that things are going to get worse over the coming days. Stay away from the growth stocks and darlings of low interest rate environment. Most important -> manage your risk.
It is in a tight spot. Extremely bad spot. If it breaks the trendline it goes kaboom.
For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them. After exiting our long side Trades on the SPX we are looking short at the labelled short zone. It is great for a short intraday based on key TECH aspects like our MA’s. Exit at eclipse symbol area.
In yesterday's Nasdaq100 analysis I said that I expect a drop for the index and 14k is my first target. Things are not different for SP500, here also expecting the price to drop. Also, SP500 has started the year badly, with a bearish engulfing weekly candle and, although the price structure is not so bearish like in Nasdaq's case, a drop is probable here...
Don't forget to click on the follow button for more professional analysis. Please ask any questions should you have them! Here we have our SPX chart. The SPX has rallied on positive market sentiment. It is now rising to a short zone. Make sure your risk is correct to cater for any further rise. Price target on short side is noted. We like prices high to sell....
For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them. After the recent target hit on the SPX long side we are looking short back down to comfortable exit areas, noted on our chart.
Hello. Due to the negative divergence and the formation of a lower floor, I predict that the 4500 will decrease again
Don't forget to click on the follow button after reading in order to see professional daily analysis. Here we have got our SPX chart, which we previously predicted long. Now these targets are taken through, we are now looking to short back down from the approaching highs.
The S&P 500 could see a dip in its value if it continues downward, though it is still on an uptrend. But the recent pandemic concerns and ahead of year-end profit may grow some volatility and hampered S&P 500 upward momentum. But the good news is the backdrop of a supportive fundamental environment, strong corporate earnings, and constructive profit outlook...
Following weekly chart. There was a big cup & handle formation that takes 16 years. After breakout in the beginning of 2017, target was 3350 and. After hitting the target, covid broke out! Actually it was a big corection of this 4 years trend. Then, a new cup & handle formation formed and it broke the resistance at January 2021. Target is 5000 and we're...
As U.S. inflation has surged to the highest level in over thirty years, inflation is likely to remain in focus in the coming week with investors looking ahead to the latest U.S. monthly retail sales figures along with earnings results from major retailers, including $WMT (Walmart). With $SPX (S&P 500) erasing its weekly losses from Friday’s late week rally, the...
The biggest depression ever seen will happened in front of our very eyes. In comparison with it, "Great depression" will be like a baby. Complete crash on this price of stock level on S&P 500, biggest 500 companies in US will enter into greatest recession ever seen in history of economy it self. US stock stock index grew 13 years so far, (during depression 9,1...