US SP 500 CFD

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SPXUSD

Bearish ALT BAT pattern, Fib level on sub-cycle

Price is close to a historical high. I think the price can make a powerful drop down if there will be fake broke of 2940 Potential profit will be in 10 times bigger than a risk Push like if you want to get a safe entry point

This is a pattern seen many times. A new ATH and shallow pullback, a second failed attempt to make the high, and a deeper (ie 10%+) correction. The time of year and macro sentiment is right. 2012 predicts two attempts to break 2885, then a summer fade to 2918 (50% retrace).

If you like this idea, please support it with a like. Thank you. SPX500 labeled in a Leading Diagonal within Intermediate (1) (blue), with a bearish sequence expected to start unfolding. Diagonal can still perform one more leg on the up-side, however, a breach of the lower trend-line (blue) would invalidate that scenario.

Follow up to my previous post when SPX topped, see link below. The 9.618 extension is a very common Murder of Moves. It already rejected, and day after was Trump-China escalation. Thus the Gap down, which gave me another Impulse/fib to map. Now I look for Confluences of the two Fibs pushing in opposite directions. Blue arrows are possibilities implying sooner...

Price is rising up to historical maximum 2942 We can open buy near key level 2897

1. I will open buy if the price will make a pullback to 2860 Because there is a huge chance that it will happen The goal will be before historical high 2942 2. Near 2942 I will open Sell if there will be a fake broke Mostly price bounce 1st time from such powerful levels In that situation potential profit could be in 10 - 20 times bigger than a risk

I would like to see the resonance of these three reasons for the long at 2805.

#SPX500 H1 Sell ID : 3-07 At : 2840.5 SL : 2854.1 - Risk 136 pip TP : 2800.0 - Reward 405 pip Date : 2019/05/15

SPX500 sales levels

Now a couple of weeks ago, maybe a month ago. I sent out the long term analysis on what the heck will happen with SP 500. Told all LEH traders to use the calculate the stop loss of 300 pips accordingly towards their account amount. This is the best trade for the year so far. I didn't expect it to drop so fast, assuming it will take at least a couple months before...

update

update

SPXUSD

Comments on the chart

34 SMA rejected on 500 Hull on 3 HR... this was the peak

Part of my ongoing study of Fibonacci Extensions and their relevance to all Assets. The 9.618 is a particularly interesting extension, quite often the ender of Moves. Confidence in this plot can be measured by the number of EXACT hits on fib ratios. Was it the End of the Trend, or just a Bend? Of course I have no idea what will happen. But IF an End, that was a...

It seems that its time to short ;) It's Not a financial advice