S&P 500 Index SPX

The SPX is repeating a scenario that we have witnessed before. While history doesn't always play out the same, it often plays out very similar. Firstly, the RSI has remained overbought far longer in this instance than the previous and as a result, it is retracing farther and faster than the previous instance. The break of the 50 period moving mode signalled the ...

My prior SPX post noted that the rally into the all-time high was not impulsive and implied the bull market could continue higher. I noted that one of the possible patterns forming could be an Elliott wave - Expanding Flat. It appears this is what happened. Fibonacci analysis backs up this wave count. The exact .382 retrace of the entire bull move from the ...

In my 10/7/18 post I noted that the last SPX rally into the all-time high was not impulsive and it implied the bull market would continue. On a larger scale the entire SPX rally from the February is not impulsive. Today the SPX broke important support and my prior wave count is now invalid. Does this mean a new bear market has just begun? The answer is no. The ...

Because of the many alternate Elliott wave counts, the SPX has been difficult to analyze. The SPX picture is clearing up. The best Elliott count indicates the SPX could be in the later part of an impulse wave that began in early May. The strongest clue that the SPX bull market could continue to make new all-time highs comes from the September 7 - 21 rally. ...

S&P 500 is going down, according to what I am seeing from the chart above. Let's take a look. SPX top is sitting at 2940.91. After touching this level, it has now gone down and tested EMA10 (light blue line) as support. Looking at the history of this chart, it is easy to see that EMA10 always works as support for SPX. But each time EMA10 is broken, support is ...

The S&P 500 may still to continue it 4th wave correction as showing the chart. It may drop back to 2720 area for consolidation before resuming final 5th wave to achieve a historical all time high to set the stage for major painful crash.

This is a possible look at the long term trend of the S&P 500 from now until 2028. Given that every single asset class is selling off today (stocks, bonds, real estate, commodities, crypto), this ordinarily should not happen (people sell stocks and buy gold or bonds), indicating a possible broader weakness in the market, meaning everyone is turning to cash and ...

Is it just me? The media and mainstream investment media is calling for everyone to invest in stocks because they will definitely go up again this year... well if someone is that certain about ROI, isn't it time to be a bit fearful? Deutsche Bank is struggling heavily. London housing market is on the verge of a correction and the global dept crisis: "The global ...

Hey tradomaniacs, quick another chance for the session of today. Type: Day-Swingtrade Buy-Limit @ 2.767 Stop-Loss @ 2.731 Target 1 @ 2.799 Target 2 @2.818 Peace and good trades Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)

Hey tradomaniacs, quick an overview of S&P500 for you. This year, we consistenly "crashed" to buy @ 200MA and 61,8% Fibonacci-Retracement. Does the market want to buy-in before the saisonality beginns? #Christmas #Black Friday Or is it truely a reaction of the overheated market scared to see more rate hikes since almost 70% of investors are "ALL-IN" in ...

Buy $BTC. Sell everything else.

Where is the S&P500 since my last chart back in mid Aug, link: https://www.tradingview.com/chart/SPX/2uTD0SbL-S-P-500-Time-to-GTFO/ - Weekly T.D. Sequentials landed a top at an Aggressive13. Commonly a Green9 signals that a price reversal is approaching next. However, around this time the restructuring of NAFTA with Mexico was announced to be completed/ almost ...

Elliot Wave Correction + Bearish Divergence This bear market could be a good thing for crypto.

Following on from my SPX updates. Intermediate wave (1) black finished on 11th Oct and the wave pattern since then has multiple options from an EW perspective! This charts suggests that SPX is in a typical A,B,C correction which may reach the .618 fib level or possibly close the open gap at 2880. At present SPX looks to be in a possible B wave and taking the form ...

After a major sell off on the S&P500, next week we will see some recovery signs which translate into a movement to the upside around 2798.88 price level then testing back down the 2730.76 in a short term perspective. For a long term perspective, I will wait for the S&P500 to get some upside momentum and the VIX to go below 14.69% changes from last week then enter ...

The 52 week(yearly) simple moving average has been underpinning the index for the whole bullish wave since early 2016. I will be watching the weekly closing as if we break it it could confirm a change in the slope of the supply demand equation. An immediate target would be 2550 next major support area.

i am expecting this to go down . there is every chance it could go back up so be carefull

On 10/11/18, US indices experienced normal volatility (-4.07%). Although short interest was higher than any other day in history. US equities such as the SPX, continued to sell off through the end of the week and has now been closed since Friday and futures (US30usd) are looking grim. Ironically, at such a moment as this, the prices of cryptocurrencies across ...