Yesterday’s financial print in the United States revealed an uptick in inflation. For the second month of 2024, the inflation rate rose by 0.4% MoM (accelerating 0.1% from January 2024) and 3.2% YoY (accelerating 0.1% from January 2024). Meanwhile, the core inflation rose by 0.4% MoM (staying unchanged) and 3.8% YoY (showing a decrease of 0.1% versus the previous...
S&P500 may be overbought on the 4H timeframe (RSI = 72.835, MACD = 15.590, ADX = 49.520) but not yet on the 1D technical outlook as the price hasn't yet made a HH on the two month Channel Up. The 4H RSI does show us though that it is starting that HH peak sequence as it can start a LH trendline like December 14th. We are expecting this wave to peak on a +5.55%...
Overnight, multiple Chinese stock markets established new lows, setting the negative tone for the European trading session and futures markets in the United States, with all major U.S. indices diving into the negative territory ahead of the regular trading hours. So far, the SPX has failed to get through the psychological resistance of $4,800 and establish new...
Fundamental Analysis:
As we can see the Index has shown a very strong come back after the Covid-19 pandemic of March 2021 which caused the market to fall and create a panic to the world.
Since then there are lots of changes to the world and the way companies are operating, such as releasing of their premises and offices as they should have discharge lots of...
The S&P500 index (SPX) broke above the 1W MA50 (red trend-line) for the second time during the start of the Bear Cycle in January 2022 and the first after December 12 2022. For the past three days it is being rejected there, which makes it a strong Resistance, along with the 'Prior Lower High', which is the level we pointed out last week on our SPX report:
As...
good afternoon,
i'm entertaining the idea of one final raid, to really shake up the bulls & initiate maximum fear in the markets.
people are talking about another covid crash, and i'm over here just doing my own thing
if we get this final 5 waves down, don't be afraid to long it ^^
i''ll drop an update if it happens, closer to the bottom of the fifth wave.
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👇
What a year for SPX, this was by far the most incredible bull run I have witnessed.
The bull run can continue however I would like to see a correction in the price for discounts to buy.
Now that the majority of sellers have been taken out of the market, it could be time to start seeing those retracements in price as illustrated.
What is your view? Don't forget...
Looking at US stock market it is clear that bulls trying to defend positions.
Gap near 4440 is next target and level to hold.
US stocks market might recover during next sessions up to 4380-ish.
If bulls are strong enough to hold, we might go up to 4440 - gap level, and if close above it I will look for adding more exposure to this market.
Stay tuned
Best...
suckers rally, calling it right now.
first area to try to short will be at the 0.887 algo target at 4366.25
if we break above, i'm out.
next area will be upon a bearish retest of the bull channel - perfectly in confluence with the bear channel we've created here.
irregular wave b vibes.
down side target = 4187
G'day Guys
US500 analysis was posted on April 14. Based on the analysis, i still positive time for this pair to create a deep correction.
Today idea & Next week, i projected this pair still continue to fall until FOMC meeting.
If the result of FOMC meeting still showing a lower interest rate and bond purchasing still on ongoing, expecting this pair gonna...
UNLESS the dollar does a double correction upward (which is technically possible, and so monitor the dollar price action) ,
AT this point our preferred path is a typical shallow correction in the US-Markets .
Expect Market to continue HIGHER (MID-TERM)
You're speculating at record highs. The Fed's balance sheet declined for the second straight week as of Wednesday, by $12 billion to $7.1 trillion, as more foreign central banks declined to renew maturing currency swap agreements.Total liabilities for all commercial banks have ballooned to over $18 trillion or 83.7% of GDP. Without buybacks rushing through the...
![SPX: US Stocks Early-Mid October 2021 Trade Plan [SP500]](https://s3.tradingview.com/k/k2S0zPAf_mid.png "US Stocks Early-Mid October 2021 Trade Plan [SP500]")
