ChartArt

After the trade war started last Friday it's possible that this week there might be a strong bounce due to a short squeeze. The move higher could start on "Turnaround Tuesday", after more declines on Monday this week. Support could be somewhere between 24550 - 24650 this week.

The Fisher Transform signals a trend change as the slope has turned bearish and the price of the "S&P 500" yesterday closed below the Hull moving average , which is also bearish . While I was starting to lean bullish due to recent new highs on many tech stocks thinking that the "S&P 500" had only a consolidation through time and not through price - the market ...

If the "S&P 500" breaks above 2815, then the rally is going to continue strongly higher for months. But if the "S&P 500" declines and stays below 2725 until the end of August then there remains a risk of a large stock market crash. Short-term the market is oversold and could break out above 2800 or a little higher towards 2815. Mid-term the market is way too ...

Based upon the bearish channel I drew in March 2018, the market has now reached the decision point for a strong melt-up much higher or another strong leg downwards. The market is strongly in favor of the bulls as of yesterday's close, therefore the risk is VERY high for shorting here despite the momentum starting to decline on long-term indicators like the TRIX ...

Are we headed for a stock market crash in 2018? At least in the near-term (next days to weeks) there are growing risks to the downside as the potential for a sharp pullback is gaining power as I'm showing here. On this chart I'm using two different indicators, which both have as one of their main features that they exhibit a very low lag. Moving averages make it ...

The "S&P 500" futures market is acting strongly bearish . Therefore I follow the trend and change my opinion from thinking that a dip to the open gap between 2719.5 to 2725.7 should get bought (as I had mentioned in my last idea. More likely the "S&P 500" is going to sink lower at least down to the other open gap between 2701.27 to 2704.54 and it's possible that ...

The rate of change shows that the worst might be over for now. The index could break above the 0.618 Fibonacci retracement at 2743 and then breakout beyond the 0.786 retracement at 2800 and move higher and higher to around 2830-2835. I modified the "KST" indicator (Know Sure Thing) settings and the result is that the momentum has broken above the zero line, which ...

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With the technology sector getting weaker there is a growing risk of a decline of the "S&P 500" in the weeks ahead. On April 26 I had outlined two different scenarios. The blue scenario was the long-term bullish outlook where the index first drops and then rises with more strength higher. The second alternative outlook was colored in gray where the market first ...

The index is nearing resistance this week with "Nasdaq" and "Russell 2000" lower yesterday increasing the risk that the "S&P 500" follows lower today. This is a neutral outlook. Based upon my previous chart the most likely path for the next days is a pullback. But until the open gap between 2741.47 to 2741.38 is filled the bulls continue to have strong target ...

The opposite of "Sell in May" is going to occur in the year 2018. Reason: The first peak of the year occured already, which moves the second peak further into the future after May 2018. And there are too many sectors and industries which did not decline during the last weeks. For example technology and small caps (Russell 2000). I expect a drop on May 8, lasting ...

Last week marked a potential low for the month of May. Therefore a move upwards could push "PG" back into the trend channel towards the open gap. Entry: Above $71 Target: Open gap, above $76 Stop loss: Last week's low, $70

There is a chance that "IBM" is moving upwards in the next days. Entry if the low of May 3 at $139.90 holds and it becomes the low of the first week of May. Minimum Target: $145.5 Maximum Target: $158.5 (open gap) Stop loss: $140

The next weeks remain crucial for the "S&P 500" for the trend decision between starting a bear market or continuing the aging old bull market. The current trend bias as of this Thursday seems to favor the bulls, but the bears could start to attack as soon again. I hereby stay neutral and show two different paths where the market could move next from the upcoming ...

None of dem trend lines fill the room. None of dem kicks go boom. None of these stocks can dance. Not a single one of dem stand a chance. All of dem divergences are a mess. I've seen it all before, I'm not impressed. I'm hedging my long from 2580 with a short in this price area, because too many stocks are at a risk of a trend change. Short entry: 2694 Target: ...

The next 3-4 weeks are going to change the long-term trend direction of the "S&P 500". The equity index is now at the edge of the edge of staying within the uptrend or starting a bear market. On Monday, April 2, 2018 most of the European stock markets were closed and bears used this situation to drag the "S&P 500" strongly lower that day. On Tuesday, April 3 the ...

The extreme selling has stopped this Friday, which increases the odds that the selling climax has been reached and shorts are getting closed before the week ends. Thereby increasing the likelyhood that next week is more bullish again. There is also a quant analysis which favors the bullish side on the Nasdaq in the next trading days, which would help the "S&P 500" ...

Quote: Investors just pumped the most money ever into stock funds for a single week; U.S. stock-focused funds took in $38.3 billion in fresh cash over the past week, a new record, according to "Bank of America Merrill Lynch". Source: CNBC https://www.cnbc.com/2018/03/16/investors-just-pumped-the-most-money-ever-into-stock-funds-for-a-single-week.html Quote: ...