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
This morning we continue with Eurogroup meetings and comments from the German Bundesbank President and in the afternoon the monetary policy meetings (IRFMP) held in Washington D.C. will be held along with statements from the FED Chairman in Philadelphia and local manufacturing index data, along with US unemployment rates. This data is high impact, along with US...
I expect a rebound from current level but bearish pressure will push proce under 5000 area before restoring bullish trend
SPX500 keeps falling but will soon retest A horizontal support level Of 5045.38 from where we Will be expecting a local Bullish rebound !
I've just faced an unpublished idea about SP:SPX . Will publish it in the mid on the road. ) Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view.
Our last call on the S&P500 (SPX) couldn't have gone better as the Bearish Megaphone pattern we expected (April 05, see chart below) was eventually materialized and easily hit on Tuesday our 5050 Target: At the moment the index is below the 1D MA50 (blue trend-line), which has been the main Support since November 03 2023 and is headed towards the 1D MA100...