Following last week's release of stronger-than-expected economic data, investors are recalibrating their expectations concerning aggressive Federal Reserve (Fed) rate cuts. The market sentiment is shifting, with investors scaling back their anticipation of imminent rate cuts. This change in perception is amplified by the surge in bond yields, indicating a rising...
Price eventually comes back to an older price. Similar to a return to mean strategy.
Today: Try to find where the price actually rebounds.
Small PineScript doubts are welcome.
Is it possible for the stock market to repeat itself?
After the stronger-than-expected NFP last week investors are repricing the aggressive FED rate cuts expected for 2024. This was immediately affected in the stock market as the main indexes dropped and the dollar managed to recover some ground.
The month of January is generally weak for the index as the...
This is comparing between the super trend of the S&P 500 (Cash) index and the US 10 year bond yields.
Previously, for a good 35 years, bond yields and equities shared a strong positive correlation. (1951 to 1986)
Then correlation swung the other way and for the next 37 years, we started seeing negative correlation. Falling yields with equities continuing the...
Price eventually comes back to an older price. Similar to a return to mean strategy.
Today: Quick test about removing second condition not related to trailering.
Small PineScript doubts are welcome.
Price eventually comes back to an older price. Similar to a return to mean strategy.
Today: Apply multiplier to cumulative consensus close option.
Small PineScript doubts are welcome.
I don't know about you, but this looks like a massive slow moving bubble waiting to pop. No different looking than a bitcoin bubble but at a longer time scale. Economic corrections stopped being allowed after the great recession of 2008 and this is showing the inevitable consequence.
As stated, not guaranteed but possible.
Within a month from the bottom of Covid, it is clear that the market is rolling upwards, contrary to the conditions.
Hello Traders, welcome to today's analysis of S&P500.
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Explanation of my chart analysis:
The S&P500 has been rallying for the entire year of 2023. Many people do expect a correction but the charts are still looking pretty bullish. If we see a breakout above the previous all time high at $4.700, I do expect a rally back to the upper resistance of the...
Review:
Let's review the highlights of the previous update (November 18th 2023):
We have completed waves 1,2,3, and 4 so far and we are in wave 5 at the moment.
The trough of October 27th is now a 40W trough.
40D FLD target: 4532.
40D cycle trough on last week of November.
80D cycle trough expected on last 2 weeks of December.
20W trough on the...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Flipping on the index to the downside, correlating with the strengthening in USD?Let's see...
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![SPX: Long Term Correlation Chart [20-30 Years View]](https://s3.tradingview.com/e/eS89s8NT_mid.png "Long Term Correlation Chart [20-30 Years View]")
