SPX500USD (5/31/2020) SXP500 is in the last wave period so limit buy DAO. Soup sell adjustment
There is an opportunity to short the S&P on 61.8 FIB retracement of H: 2874 - L: 2840, indicating commencement of Elliot Wave 3 on the 5 minute chart and lending power to the start of Wave 3 on M60. We have a Wave 3 confluence on both time frames. - Short entries may be initiated between 2862 - 2857 - Stop Losses should be above the swing high of corrective 2867...
US stocks have not seen any major changes this week, staying uncharacteristically calm despite headlines such as the oil price crash. The Dow Jones gained 457 points on its Wednesday session, a jump of 2%. It is now trading at 23,400 points on the hourly chart. Likewise, the S&P 500 and NASDAQ indices saw similar gains, climbing 2.3% and 2,8%,...
There are two scripts white and pink , the main difference between them is how to consider the final reverse of American market during Great Depression whether in 1932 or in 1941. Concerning fundamental factors , there are 2 main factors pointing to dramatic plunge of US economy. The first factor is obvious , COVID - 19. The second one is zero FED rate, so...
Sell this, if you have any ideas please drop them below. follow me on socials - @KingAbaitey
Let's look at this chart for a moment. A great balancing is coming up. Either Bitcoin is going to fall in value or SP is going full blast up. Is US planning for mass printing? Open for a great debate!
This is the current trend with S&P JUST BEFORE SPX CLOSES SELL!! In the morning close position
DON'T FORGET TO LEAVE A LIKE IF THIS CONTENT HELPED! Since stocks are a piece of ownership in a company, the stock market is basically a vote of confidence in the future of all these companies and, as such, in the U.S. economy itself. A drop of 11% in a quarter indicates a sustained loss of confidence.. If confidence is not restored, the stock market will...
This is just a pipe dream about S&P opening on Tuesday. There's no reason for it to gap up, but the market has shown that coronavirus is a non-factor. So fuck it, why not? Indicator boys will tell you otherwise. Bullish: Bottom of the channel with lots of buy volume at the end of day on Friday - leading to gap up Tuesday. The past few weeks have shown a pretty...
A one time investment for 11 years of (on average 14%) -This strategy uses simple indicators to determine an entry which indicate trend reversal-- such as MACD and the fact that the 2008 credit crisis crash was likely to fall to previous resistance (dot com crash) -Safe strategy, you're essentially betting on the American Economy and when you're at rock bottom...
looking now for more bullish movement now testing a support area after breaking through its resistance. price just corrected for awhile now im expecting this bullish momentum to carry on
On this cold wintry night in North East USA, I trek through the wet snow, and down the rock wall through the rabies ridden ravine of plastic and brush, close to the steaming waters of the Passaic River.. ONLY THERE is where I gathered my supplies for the future eyes. A nuclear salamander, a deformed frog, a defective exhaust pipe, a bit of river pool slime.....
I find this interesting about the traditional market - thought i'd share. From the looks of things based on Eliot wave pattern count, it does look like we are at the top of a 50 years market circle. There is only so long the market can defy gravity before things come crashing down. Looks BTC may indeed be the safe haven. At this time, we are stuck at 7,200...
ENTERED AT 1.2799 WITH A 15 PIP SL AND 30 PIP TP. M FORMED ON 1.28 P LINE