US500 retested the 3,942 level again last week. Prices eventually settled further lower at 3,878.40, for an approximately 170pt or 4% drop. Going forward, a daily close below 3,870 will further extend this selling pressure towards the 3,760 support. Deadly crosses in EMA10-EMA20 and MACD further suggest this possibility. However, a daily close above 3,920 may...
SP500 - SHORT after the corrective Patton market went up for the daily OB zone, over role market has to drop so it might work as i shown on chart, many confluence shows down move, trade with care, V.Ragu
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Volume seems to be dying off and we look like we could be due for a pull back. Tight stop due this being a risky play and we are counting the trend. Price has closed below the 5,13,50 ema. Once price closes below these EMA's on the hourly, I will add more to the trade.
= Technical analysis of the spx500 on the hourly chart = The analysis is based on trend analysis, support and resistance, and the Dow Laws == We have two buying targets after successfully re-testing the crossover to the top = You must wait for the price to cross the red danger zone
By extrapolating the data from 1968-1980, which is the most like today data, I have come to the conclusion that this is what is most likely. 2022-2024 Correction down to 2750 2024-2027 Rally up to 5200, form a head fake 2027-2029 Massive bear market down to 2400 2029-2040 Massive bull market for 11 plus years up to 7000 This is the only thing that makes sense...
currenty SPX doesn't look good. really asks to retest. and that would be nice and "healthy" scenario for future Bull run. Unless the situation is really bad... the rest you can see in the chart
The recent U.S. bank failures have increased the chances that U.S. stocks could be on the verge of a sharp drop. The decline could start soon after the FOMC announcement on 03/22/23. In a few week the SPX could break below its bottom made on 10/13/22. Mark
Re-streaming after yesterday's disconnected internet. Hope we can catch up this time. Disclaimer: Disclaimer: Trading and investing have risk. Always do your own research and trade cautiously.
Not a clear direction so far -above $3930 test $3979 -below $3900 test $3800 then sell off 1H Chart
HI I WOULD LONG SPX NOW AND FOR RISK MANAGEMENT I WOULD HEDGE LIKE IN THE PICTURES AFTER PLACING MY LONG. There is a risk for a total breakdown below 3000 but i place my bets bullish and cover with hedge if i see that the trade goes wrong.
US stocks vs the Federal Reserve Funding Rate vs the unemployment rate vs 10yr-2yr treasury yields. When the 10yr vs 2yr yield goes negative it means that a 2yr treasury bond is yielding more interest than a 10yr treasury bond and it is also known as a yield curve inversion. The red vertical lines in the chart are drawn from yield curve inversions which are...
Hi traders, SPX500USD is still in a big consolidation. It can go lower to the lower 4H demand to complete a big A-B-C correction. And after that it can go up again. But it is also possible that it's an W-X-Y correction and were now in a triangle. In that case I expect one more corrective leg up to complete the E-leg and after that it can drop again. Let's...
Technical Analysis and Outlook The Spooz downward trend continued earlier in the week and completed our Interim Inner Index Dip 3820 - The upside rebound followed in the second part of the week by hitting the Mean Res 3927. The rebound should continue to Intermediate Outer Index Rally 3980; however, the retracement to Mean Sup 3878 is predisposed.
1- markets are dynamic 2- when a trend got broken, new one starts not necessarily a reversed of last trend. 3- for now, we can say that, the stage 4 (bearish/ decline faze) has ended. 4- we are now in the end of a stage 1 situation but, it can go to a stage 2 or new stage 4 . I mean in this situation we cant be sure about the next main trend. so, being cash or...
From the above 2 charts, it seems like Nasdaq and S&P500 are on different cycles. Note that the Nasdaq was a recount. I had previously counted the same way between Nasdaq and SPX but the breaching of the last wave down necessitate the re-labelling of the counts.
the sp500 is a rally up index, mother tren line is solid
To trade... or to DCA (dollar cost average)... that is the question. I want to explore this using Bitcoin (BTCUSD) as an example. We will also dig into the deeper reasons that banks are under stress this week. All that and the weekly market update.