S&P 500 Index

S&P

SPX (Derived Data)

I feel as if the drop may have ended today (Friday). We shall see. By the way, the price action for the SP 500 perfectly touched that ascending neck line of this possible head and shoulders, before dropping. Things that make you go hmmmm. Lastly, I was just not that impressed with the Vix and Tvix move. Kind of weak...is that telling us something?

Update to a previous idea.

So far the expanded flat scenario has played out beautifully. From a larger TF perspective the risk/reward here definitely still favors the sell side. The current "rally" is running out of steam on momentum indicators and we are currently near the 21DEMA (which looks like it's about to death cross the 50DMA) where the 2nd leg of a typically correction begins. We...

1. Rsi Divergence 2. On wave 5 (3000,3200, 3450 possible extensions)- 2.62 very veeeery unlikely 3. Watch out on Macroeconomic factors + trade negotiations(china+ EU+ US factors) 4. Last presidential election 2016, market started going down for the period: July 2015-February 2016=> Expecting Market volatility increase starting the summer of 2019- Ending Spring...

This chart shows time my prediction of when the next financial crisis will begin. The fibb-extension shows my prediction of when the market will turn. I see one of two scenarios. Either the price will go halfway through its cycle and begin falling, or the price will complete its time cycle before it falls. This is not a trade recommendation. However, it can be...

Details of the Megaphone Pattern Set up here. Zoomed in to the 30 minute chart. I'd like to buy for a quick trade near the point indicated. Just a quick call option set up I think to the ideal sell zone above. This sell zone should be a really good set up for a longer term short sell as discussed in previous post. Don't want to get to greedy on this quick trade...

LINK to the article : www.linkedin.com Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil

I've been pretty quiet on TV lately, focusing more on YouTube and quick tweets, but someone asked me to post this after I put up a screenshot in the TV chat room. I've been wanting to post one of my newer somewhat unique charts for a while anyway, so I bring you another chart that exemplifies the inverse correlation that I've been noticing over the last year or so...

SPX could be forming an Elliott wave - Ending Diagonal Triangle from the December 2018 bottom. Fib support 2940 to 2944. Wave (4) could be complete on 8/1/19 if not, high probability today 8/2/19. Mark

90 year uptrend channel.

The past few weeks recorded an extension of the US equity rally. The S&P 500 index hit the 3,000 figure for the first time since its inception this week. Many market participants turned bullish recently. They expect the longest bull market in history to extend even further. We have a contrarian view instead to that. A nearby fade of the 2019 rally followed by a...

History repeats itself until it's lessons are learned. Sanders V Trump election and as it becomes increasingly obvious Bernie will have a landslide victory of historic proportions the zillionaires will realise their best times are over. Hindsight is 2020.

SPX has a much clearer structure than SPX500. The structure suggests that next two weeks we a completing the advance to fill the gap left on 1st of Aug. If the count is right a full-scale meltdown will follow. If accurate enough one can trade it with tight stops leading to superior profit/risk ratio. Will publish a setup next week when the structure is complete.

2950-2977, is going to be the resistance area to look out for. If we get any significant resistance there, SPX is going to turn into a big downtrend.

The numbers have spoken. As above, so below. The bottom in 2009 at 666 have created one MINOR and one MAJOR fibonacci extention. They both end at specific occult numbers (3033 or 3666). Please note that I did not make these numbers up - the market did. Elliot wave analysis added 1-5, + ABC correction for predicting bottoms in next recession. Gameplan future...

A bearish Running Triangle appeared on the SPX. Length of segment AB is 17 points. Subtract this from point E and you get about (3006 - 17 = 2989) target. This is a logical target since there is potential support just slightly below at about 2987. Using the rising green trend line connecting the 07/18/2019, 07/19/2019, and 07/22/2019 lows, you will be able to see...

Using TIME FIBONACCI to connect the crash of 1877 and the crash of 1973 we get an accurate prediction on the 1.382 Fibonacci level for the bottom of the DOT COM bubble market crash in 2003 and a warning sign signaling to January 2021 being a significant date, either the beginning of the crash or the end of the crash and an entry point for investors. For free...

In grand supercycle I see wave 1 and 2 and three and i have shown the potential targets for future. it does not matter that these forecasts will play out or not but we can see that we are at wave three and i am goin to dive into details in this idea. by the way this mounthly chart of spx since 1970.