The_Unwind

The_Unwind

Inflation is robbing Americans of their income and their savings giving higher prices passed on down the supply chain a historic rise across all classes of American Life. This Inflation is a "license to steal", robbing money in broad daylight from business and consumers who have little choice but to pay up, thinking if they don't buy now prices will be higher...

The_Unwind

The S+P 500 Head and Shoulders Pattern, a nearly textbook bearish reversal warning , often disregarded because it's so easy to identify, executed this afternoon violently to the downside. (Shown here on the 15 minute Chart) It's most interesting that the final run up high, completing the right shoulder of the SPX reversal pattern, happened to coincide exactly...

The_Unwind

Gentlemen and ladies..get ready to start your engines. Amazon begins trading on a 20 X 1 Stock Split this Monday June 6 And for anyone who hasn't been paying attention, based on Friday's June 3 Close of 2447, the stock will OPEN for trading Monday at 122.35 Retail traders are salivating this weekend, getting their buy orders ready to BUY AMZN,at this ...

The_Unwind

The S+P 500 decline on the first day of June, has put the 6 % sharp snapback short covering rally from last week,.. in jeopardy ! Traders should watch carefully, the 5/27 Support Pattern Low of 4077.43 on the 15 Minute Chart ( Shown Here) A violation of that support, especially on a closing basis any day this week, could open up the possibility of a "waterfall...

The_Unwind

Fear is growing by the day in the stock market in the United States. Buyers are being overwhelmed by sellers in 2022 with countless former high flying technology stocks now decimated, with the risk of a further much deeper decline growing by the day. Brokers are receiving countless calls from their clients who are panicked, and want out of the market,some at any...

The_Unwind

Bull traps" like the one going on in the US stock market, are exceedingly rare. Stock prices, rising for over a decade have been "vaporized" by this decline. Like Netflix, a darling of the Fang Nasdaq 100 stocks, it traded for 701 a share in mid November 2021. Friday it was changing hands at 180. That's a decline of 521 points in just 6 months ! That money above...

The_Unwind

Trading in the S+P 500, just concluded today 4/21/22 was a "textbook" definition of a " bull trap" Opening near the high of the day at 4507, the trap laid was concocted on a "upside exhaustion breakout" at the OPEN Incredibly, as the15 minute Chart included here shows, that breakout turned into a "false breakout", which technically is the most potently bearish...

The_Unwind

Be careful. And I'll say that again, be very careful about trying to pick a bottom in this market. Even with very oversold momentum and breadth indicators reaching levels that worked before ore buy points, with prices that have fallen significantly from their prior all time highs, their is a strong temptation to go back in and buy The market risk here is that...

The_Unwind

As suggested in my last update on Trading View US stocks rose dramatically last week, in the face of the US Federal Reserve Bank to begin now to raise interest rates. The market rose, as big money poured back into stocks, This update is simply a warning to traders. Market volatility because the Russian- Ukraine war, potentially could harvest unprecedented market...

The_Unwind

The stock market in the US has corrected significantly indices like the Dow and Nasdaq 100 are clearly flashing sell signals, according to a savvy market observer I talk to on dreaded golden cross breakdowns. The S+P 500 is ready to do the same thing 50 Day SPX 4476 crossing below the 200 Day a SPX 4467 which occurs when 50 Day Moving Averages, cross below 200...

The_Unwind

SPX 4300 is MAJOR SUPPORT in the S+P 500, and it held again today, after being violated this afternoon down to 4267 LOW. So the question is was that a selling climax today or is there much more downside to come targeting 3800 ? As long as 4300 holds on a closing basis, buyers will be trying to take the market higher, after today's successful test Traders...

The_Unwind

S+P 500's sharp bull rally back up to 4589 this past week ser a "classic bear trap", as a wise market observer noted mid-week. However,the "key prior Support" level that the bulls needed to overcome the Dec 2021 low, now resistance of 4595 was never taken out. And so back down they went with a bear trap, now just as suddenly turning into a bull trap Thursday's...

The_Unwind

There is something bad in the air. Their is a chance that the stock market in the US,could crash. I am not an astrologer, but I have believed strongly for many years in the pull of the planets, and it's impact/effect on human beings at the most extremely difficult times. The stock market in the US right now is under the gun, and it's in a highly risky technical...

The_Unwind

In my last post on Tradingview.com post dated Jan 4,2022 I alerted readers and followers that a proprietary "Sell Signal" had been rendered in my work, on the benchmark S+P 500 on the afternoon break of 4803. That proprietary sell notification proved to be extremely prescient, as it turned out to have been almost an exact call of an historic top"in the S+P...

The_Unwind

S+P 500 gave a late afternoon Sell Signal' in the last 30 minutes of trading today, in my work The rally back from the low near 4474.77, back to 4807.64 was once yet again a "bought" by the "Buy The Dip"/ Short Covering Crowd. As if it's a one trick pony to instant wealth. I looked at it As a day trader myself, "the urge" to buy today's late 30 point S+P...

The_Unwind

As the S+P 500 has risen straight up in the last trading days of 2021, the angle of ascent ( Shown here on the 30 minute chart) has created an air of invincibly, as prices have continued to rise. Rarely seen, at this point in a decade long bull market, a phenomena of a market that simply refuses to correct, this continual advance has slaughtered naysayers and...

The_Unwind

Traders coming back from the US Thanksgiving holiday, have been ambushed, and caught leaning the wrong way, as stock futures tumbled 1.50 % in overnight trading. The cause is a plunge in stock markets across the globe, as news spread of a potentially new and dangerous new covid variant. Major market tops are always made when the crowd is completely fooled. The...

The_Unwind

The stock market in the US is potentially near an imminent and very sharp price decline. Credit risk spreads have increased markedly in November, as investors are demanding more dollars to hold riskier corporate US paper, in case of default. HYG, the high risk bond ETF, which peaked in 2007, prior to the financial crisis in 2007-2008, has failed to make a new...