S&P 500 Index SPX

Now that we could have gained some experience about how the looming trade war fears can ”frighten and scare away” investors, we can relabel the final phase of the S&P 500. If we measure the 1.618 length of wave 1 from the bottom of wave 2 we get almost exactly the top of wave 3. And if we assume that the length of wave 1 will approximately equal wave 5 and also ...

Details on chart, Bullish until otherwise noted. Any pullbacks to point X may be a good time to add on this Butterfly. Initial test then fail favors a full extension of the Butterfly to 1.618, which is an extension pattern, allowing for "regrouping" before continuation of existing trend. Even when complete I'd only see it reversing 38-50% of pattern (~point X to ...

all signals are bullish. no reasons to cut long position. 3000 is my new psychological target.

As hard as it is...selling strength is the key to keeping ahead of the game. Might be early and leaving money on the table sucks but losses are worse!

SPX OPEN

S+P 500 breakout on 9/20'18 is significant, because it opens the door to a much higher price targets of S+P 3042.79. Upside Projection can be measured by connecting the 4 Hour High on 6/11/18, with the 4 Hour High of 8/29/18 at 2916.50,and drawing Trend Line Out to 3042.79 destination. I just verified this trend line today, after the breakout to all time highs ...

S&P 500 Target before Big Short

AT40 = 48.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 54.7% of stocks are trading above their respective 200DMAs VIX = 11.8 Short-term Trading Call: neutral (downgrade from cautiously bullish) Commentary I am not even going to try to explain why emerging markets and trade-sensitive stocks started this week so well in the ...

Ralph Elliot speaking from beyond the grave.... Typically speaking, wave 4 retraces 23-38%. We are on an extended wave 5 of wave 3. Those 2 rectangles are measurements: 1.618 x wave 1, 2.618 x wave 1. Wave 3 typically terminates around 1.618 wave 1 (watch that 3000 area. It may not even reach it, but if it did and hit the top of the 2.618 box, that's a sell all ...

I keep narrowing my projection for the top of the market as more days elapse and more data comes in. I have been contrarian to the 'pundits' and still strongly believe the market will top before the end of 2018. I am right now projecting a near-term top to occur by the end of this week or beginning of next week around 2930. This will wrap up intermediate wave 3 ...

They say a picture is worth a thousand words. Pay attention to what's happening here with the bond spreads. Over the past few years we see that when the spreads are down and ticked up that we have a serious problem in the markets. As you can see here we are back at the same setup from the past two market crashes. Stay safe!

Literally every single time

What's up guys, YoungShkreli in the building Warren Buffett has said that when he dies he wants his family's money to be put into an index fund. Warren Buffett and it seems like everyone else these days is in love with the index fund. I think buying an index fund is stupid - that's right stupid (sometimes). What is YoungShkreli on about? I mean, does he really ...

A potential reversal day was yesterday per our previous calculation, but the signal wasnot strong. Need more signals to confirm in these 3 days since yesterday. The long term target 29xx, in our analysis issued last year, already hit.

I did this once before last year but I thought it is good once again to repost how I see the market, since inception in the early 1900's to today. From my perspective, we are nearing the completion of a supercycle 5th wave. And as you can see from the chart (which trading view does not go back to the beginning...see a historical chart if you want), supercycle ...

Bear divergences on high timeframes and is time to dip dip dip

Simple chart on this one with a simple explanation. SPX is growing weaker and weaker the higher it inches MACD showing strong growing bearish divergence; volume is dying at these new highs and with dying volume and new tariffs going into effect next week. Continue watching for update as 270 bil in tariffs come out of china.

Speculative but least expected