today will be looking for a impulse move to either up side or down side that takes us above or below the over/under lines. if above will look to target 2858 and if below the under will target 2810. the entries will depend on how the market moves to these locations.
spx500 Bullish Gartley and Bearish Bat Combo!
blue is a bullish gartley pattern and just completed
we can buy spx now
TP1: 2850 TP2: 2890 TP3: 2930
then we can take all long profit and ready to sell
wehn yellow bat complete
Buying breaks / continuation in bull markets this strategy is usually a little "slow", but often winners the problem is it can go back before going up so a tight stop loss is likely to get hit often even when being right, in bear markets moves can be violent.
Those I can think of
* The triangle / flag pattern / falling wedge
These have always worked and still...
Custom Pivots Indicator - Plots Yearly, Quarterly, Monthly, Weekly, and Daily Levels.
For 2 years I traded this system Exclusively and made a nice living. The reason I created this indicator Vs. the one on TradingView is mentioned in the last line on the first post.
See First Post For Details….
I've been covering the S&P pretty heavily since Oct' was getting short in Sept after the first bearish weekly close we had seen leading in to this (twitter.com)
I think we're getting to the point that things are so bearish, that the establishments are going to do whatever it takes to save this thing, which is only going...
Market takes the blue pill, the story ends, China deal is done, you wake up in your bed and believe whatever you want to believe.
Markets takes the red pill, we stay in this Wonderland, and figure out how deep the rabbit hole goes.
S&P Hit important Resistance Structure.
As in my Last webinar said: 2860 is strong selling zone
and price react nicely from this level
Bearish Engulfing Candle formed in daily chart
Therefore our plan is to short the S&P in
the next week
Go for lower time frame to find any pull back to enter.
Aim 2753 / 2630
I see no recession coming.
Get over with Trade wars, it is no longer irrelevant. It is only the headlines that make you drop your stocks so BlackRock and Vanguard can accumulate more.
I see a lot of fear. we don't fall on fear. we fall on greed and too much confidence.
Getting some entry around here and in one months. Try not to pick stocks, use ETFs to...
S&P 500 broke into trading range after the Bearish SFP. “Over and Under Pattern” might be in play so a pullback to the Range Low and Diagonal Rising Trendline is imminent. There would be the best place to start the next bull run.
Entry: 2529
SL: 2329
TP: 3129
R/R: 3
Please let me know if you have any suggestions or any ideas to add. I can also give you more...
Standard & Poor’s 500 is an American stock market index consisting of 500 large companies having common stock listed on the NYSE or NASDAQ and their market capitalizations. It captures approximately 80% coverage of available market capitalization. Because it includes both growth stocks and value stocks it is one of the most followed equity indices and is considered to be one of the best representations of the U.S. stock market and a trend indicator for the U.S. economy. S&P introduced its first index in 1923 and its present day form on March 4,1957. It was developed and continues to maintained by S&P Dow Jones Indices, a joint venture majority owned by McGraw Hill Financial.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
