1w and 1Month returns have already turned Red like the three weekly candles. Next week we will have the 3 Month returns turn red and .... Rate Cuts are out of the horizon...so why invest!!
SP:SPX bigger picture - no bear case until you have a few closes below 4400. Instead of trying to time the top - it will be obvious once the trend has changed - plenty of time to join then. For now - trend is still up in the bigger picture - UNTIL you get a few closes under 4400 and below this long term wedge. There is the potential to just melt up into new...
1. SPX going bottom off this falling wedge right now in my opinion. 2. Falling DXY and USOIL are helping our case too. 3. Going be a great day for CRYPTOCAP:BTC and US Stocks. 4. Also Middle East Finally settling down.
In April, the markets navigated a sluggish terrain, witnessing pullbacks from the record highs achieved in March for both the S&P 500 and the Dow. Meanwhile, the NASDAQ experienced a marginal dip, bolstered by specific technology stocks. Persistent concerns surrounding inflation lingered, exacerbated by the latest Consumer Price Index data revealing a 3.5% annual...
Try conving me that she does not like channels or shop at Chanel ... lol This is what I see We still need to go and test both sides of the yellow channel We are bullish and bearish on various timeframes... This is gonna be fun!!!
Almost 140 years of #SPX priced in #CrudeOil I'll let you guess where this is heading... #inflation #recession
Hi Traders ! Previously, The SPX500 Price Formed a Bearish Double TOP Pattern. Currently, The Price Broke The Support Level (5081.27 - 5051.43). This Key Level Becomes a New Resistance Level ! So, I Expect a Bearish Move 📉. TARGET: 4976.00🎯
huge volume on SPX yesterday. highest I have ever seen since 2022. there were only couple of days in 2021-2022 that had such a huge volume. usually it hovers around 20k-30k total contracts. but yesterday it was 115K. whoa could this lead to further downside? or was it pre-positioning from people who knew about today's events beforehand?
hi traders, SPX is correcting and many traders becoming super bearish here. Don't panic here! Let's make a plan! We expect SPX to retest high from January 2022. 4800 could be a great entry for a long position. It's a Golden Pocket Fibonacci therefore some buying pressure may be expected. Retesting this level would be very bullish as it's previous resistance so...
Stocks are vulnerable to a 5% 'air-pocket drawdown' as greedy traders short volatility. Tuesday's stock-market pullback on February, 13 after a hot inflation report actually showed us something else about the market. It turns out that it did… an overcrowded short side of the options market which was reminiscent of the 2018 and 2020 'Volmageddon'...
02.21.2024 Next trade executed. 176 DTE. Trade construct is an unbalanced butterfly structure. Short Strikes DELTA -15 Happy Trading All! -kevin
03.18.2024 Next trade in line. 150 DTE. 24/15/5 Delta Strikes, 1-2-1 unbalanced butterfly. Small credit at inception. Happy Trading All! -kevin
I expect a 12345 retracement or a ABC correction to 3800 by October-November 2024. After that, one year of a new rally to 4800 pips. And then, the really crash by 2026 with a bottom of the market by 2027. Let´s see. Now, little by little: It´s my idea of a correction to 3800 in 6 months time correct?
On Thursday, the S&P 500 and the Nasdaq experienced subdued trading as rising Treasury yields put pressure on stock prices. This occurred while investors analyzed remarks from Federal Reserve officials to gauge the future direction of interest rate cuts. Recent data revealed that the number of new unemployment benefit claims in the U.S. remained at low levels last...
US stock index futures were firmer in early trade this morning. It remains to be seen if history repeats the market action from Wednesday and Monday, when early gains evaporated as the sessions progressed. Yesterday’s price action saw all the US majors rally early on, before reversing sharply later in the day. Tech stocks were hardest hit. NVIDIA ended the day...
Hello Traders! I expect a bullish on SPX as we see the imbalance fill and a perfect retracement from the OB, considering this movement a signal for weak bearish and a strong bullish sentiment. I expect the price to rise until the 5275 resistance level, with a potential set of a new All Time High. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this...
S&P has been down four straight days. Also, yesterday S&P closed a gap from February which coincides with a support level. Level to watch: 5074 ---5072 Reports to watch: Existing Home Sales 10:00 am EST EIA Natural Gas Report 10:30 am EST
AMEX:SPY has fallen broken the trendline and initiated its correction. Bearish divergence has formed as well. Two possible correctional scenarios here