Investors are to take note of the end of Daylight Saving Time (DST) that will effectively have the US exchanges open at an hour later, depending on your time zone starting today. $SPX is currently closed at 200% ATR(14) away from its 10 days moving average, the first time since September 2020. Data on inflation will be the highlight of the U.S. economic calendar...
S&P 500 is overly extended from its short term trend channel establishment. looking to do a short at break of day low and size my stop at day high.
A prediction , or forecast, is a statement about a future event. They are often, but not always, based upon experience or knowledge. Although future events are necessarily uncertain, so guaranteed accurate information about the future is impossible. Prediction can be useful to assist in making plans about possible
SPX500 narrowly missed my 1.618 W3 TP by 60 base appoints or there about, then began what we are now currently in and I am calling W4 and expect another ABC correction here to lead us into W5 which can break above 5,000 EOY
S&P500 had another nice day of price action but still no direction. Tested the lows early and tested the highs late. Selling the rallies and buying the dips until a direction is revealed.
It's likely that we will see a little bit of a pullback as we are at the top of the range. The S&P 500 has rallied a bit during the course of the trading session on Thursday before turning around to form a bit of a shooting star. The candlestick of course is very bearish, and it is worth noting that the NASDAQ 100 has formed something along the lines of a “evening...
A ~25% decline from here should be rather quick and uneventful. However, such a decline is likely to be just the first leg on a long road to a full ~70% decline by the end of this full cycle. - Which would be nothing more than a garden variety return to the Historic Norm ! The same goes for all US Indexes and those who are historically informed (or reviewed...
Hello everyone, one of my best analyzes. We are near the end of a cycle, it should end before 2027. The fibonacci retracement follows the crash of 1929, which is also the start of the uptrend. We can see that we have only exited the yellow channel twice. Once from 1997 to 2001 and again from December 2020 to today. The bullish trends inside the bullish channel end...
Memeline supporting uptrend has broke Backtest of underside of SR Seems a good bet especially with growing inflation concerns Close through the SR box would make me re-evaluate and likely close though!
Introduction For my adult life the advice has been to buy just by ETFs. And for the last decade or so the advise has also to been buy the NASDAQ ETF because it over-performs the other indices. It seems that advice is on the precipice of ending due to some long term indicators on the verge of flipping their switches. The MFV VSTOP is set to 3x and right now...
I think a minor correction is starting, generally considered three waves. You can count five in here but I don't have enough time for that right now. Risk management is essential in this choppy defensive market condition. The five wave obviously finished at 4220 last week. The buying strength just isn't present at these levels. A wise man once told me the...
Test Holding UVXY next 10 days could be the best or worst decision you've made in terms of hedging for volatility . Diamond Reversal Or Diamond Continuation H&S target $3. 01 or less. Otherwise diamond reversal should occur. 5 day MACD is bullish Just remember no one gets any awards for being the first to recognize a decent short op and take it. It's not going to...
As you can see based on this chart, SPX has fallen anywhere from 2 to 6 percent every time it touches its top trend line. The "further down" we get in this channel, the bigger drops we have. This only means logically that this next drop should be the biggest shown on this chart. Spx has yet to have a candle close above the top trend line. If we do see it hold then...
An extremely rare pattern for an extremely rare time in the U.S. Ending Expanding Diagonal patterns are not seen very often. Not a natural looking pattern because the wild price swings aren't natural. You know what else isn't natural? The M1 money supply increase from 4 trillion to OVER 18 TRILLION in 2020. They increase the money supply by over 400%!! Why do...
2021 is like 73s. let's see how this play. if it went well, buy dips at bottom if you can. 1. The four most expensive words in investing are: 'This time it's different. '” So said Sir John Templeton, the legendary investor and mutual fund pioneer. The phrase contains tremendous wisdom, but only if you truly understand what it means. ... “This time it's different”...
Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Blue = Monthly Purple =...
S&P 500 target is 3850 stopo short if it reaches to 3950