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.
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
NON OMNIS MORIAR
ILLUMINATI KNOWS THE FUTURE! WXYXXY
CORRECTION!
After seeing the future's price action today, I have no doubt this will play out. Small sell-off would balance the market but noooooo, banks had to do this. Be witness to unprecedented RISE and then the FALL.
Guys, Again, SPX TWO PLAN:
PLAN A: Tri-angle break up, we buy the pull back till 2800
PLAN B: Tri-angle break down, we sell pull back till 2400
I wil update when any of the plan active
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….
This is how I see the current spx count and will continue to update. Right now we are holding atm puts and some otm 275, all expiring end of August. Happy Trading
Gartley pattern, healthy.
Bearish engulfing candle.
Volume profile levels.
Two positions, one for the short term (next week), one for a longer period (mid july). And I mean, executing them at the same time which is NOW. The longer one to move stops to BE as soon as possible and keep it running hoping for the second target.
Good luck.
All details on chart...Oh and don't ever let anyone tell you indicators are worthless. Remember, its not the tool that makes the man, but the man that makes the tool :} Happy Trading!
As per the current count it looks like we are in last leg up of the complex correction for the completion of Wave .Y (Yellow) once the same is done which should be confirmed by a break of the Pink channel to the downside we can see a huge leg down which can take SPX to the 2530 levels or even lower.
Bearish sign : Break of channel to downside.
Expected targets : ...
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
For those who already know or simply heard about Sinewave oscillator created by J.Ehlers out of Hilbert filter formulas... The PRO Sinewave indicator will stun you !
For those who don't, well you might be missing a very interesting market approach and I suggest you to google the two names above to eventually start tipping a toe into the beautiful cyclical world of ...
Since today was the big dump day which was expected on 20th, we might see bullish price action tomorrow. Not sure about Friday.
This is not a model, but a harmonic confluence posibility
My previous call on S&P500 longs around 2692 almost have met the target of 2800, not yet hit that level but almost reached it. We may see it may test that and roll all the way back. For now- it seems like it is likely to complete the correction and i am expecting a big move to be setting up to test the lows over the coming weeks or so. So i should be looking for ...
I posted a video this morning with my thoughts on the big picture expectations for S&P 500, from a macro level and a fundamental bottom-up appraisal of the economy it looks like we should move higher. Overlaying those views onto a chart suggests to me that we should begin our journey up to $3050 right away!
