As you can see price broke our trend line, respected our resistance line then dropped, price is currently now at another little resistance level after making a bullish correction where we either see a break or bounce.
Our thinking is we are going to get a bounce very soon either at the resistance level we are at now or the resistance level just above, either way...
Price is currently sitting at a very strong resistance that has been hit a number of times before, price also broke our trend line and price is also nearing an all time high, with the state of the US economy at the moment we can only see a bounce and downside movement.
The US is in the most debt it has ever been, stock prices are weak, unemployment is on the...
As the chart shows, everything seems written in TA ... what I see on the chart is possible H&S in making which accept all the trendlines at this specific moment...If this will happen, we can see a complete crash till the end of this month... Chart even shows possible downtrend (or even crash) starting in the end of next week ... maybe I'm copletely wrong, but till...
USD500 retests the confluence of R1 for the day from PP analysis and the 50-day MA, at 2626 . Meanwhile R2 is placed at 161.8 Fibonacci extension from the rebound seem in December. Hence a break above this area , 2626-2640, could shift the asset further to the upside , towards the next Resistance levels, at 200.0% Fib. extension at the round 2700 and the...
When S&P500 breaks the current level of ~2300 area, chart can drop to ~1900 levels!! But, there can also be a retracement and price will rise up again, even to ~3000 area. All depends of sentiment in the market. Fibonacci only shows what will happen when price bottom or price top gets broken, not if these levels will become broken. But IF they get broken,...
By Andria Pichidi - November 8, 2018
USA500, Daily
US Equities remained sharply elevated with relief gains of 1.5-2.1% on Wall Street after Trump’s wild press conference. This follows Wall Street’s biggest midterm election day rally since 1982, with the USA500 closing over 2%, which is its 2nd-largest post-election rally since at least 1950 (midterm or...
The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output. In other words, the PPI measures the prices offered to manufacturers of goods and services, in contrast to the CPI which measures the prices consumers (end-users) pay to obtain the good or service. The prices included in the...
DOC has produced a flag pattern. The 10 and 20 MA are providing resistance. The coppock curve has already gone negative. If the stock breaks the 10 and 20 MA I would buy till resistance (top black line). If the stock forms a candle downwards outside the flag pattern I would short till resistance, but if the coppock curve goes below the lowest black line then I...
February 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's August so the...
Hi Index Fan,
Like I explained on my draw, and after the analysis of the time trend, and also the strong divergence with the RSI, the correction is coming.
Sell in May and Go Away, or Short in september and go to the beach ... Unfortunatly the pun is not here the divergence Yes!
It is time also for the velocity to go up again after the flash crash of february....
Positive company earnings are priced in, corp. tax cut effects same. Fixed income yields are on the rise, in the past 5 years a break below the 200 MA brought 8-10 percent corrections.
S&P500 long to 2700 or short to 2565. I have placed 3 orders, 2 short and 1 long.
Also I invest in Crypto currencies, but I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin...
S&P500 $2640 is not broken last week. I am Still bullish. The Sentiment next Monday on the market decides if it is the right time to go long again!
S&P500 is in horizontal pattern now and I expect this to continue during March and partly April. Maybe the end of April / March a new cycle will start and I expect it to climb further to $3000 dollar! ofcourese we...
S&P500 is in 3 monthly cycle now. I expect this to become an horizontal chart till the end of March. April / May I expect a new hugh climb will start. OR when an invert cycle starts, when lower resistances are broken, a huge short will appear. In my opinion S&P500 is very overbought. One day it will collapse to $2100 area. That will be the retracement to the...
