I think we have here a great opportunity for a great setup. :)
S&P 500 Levels / 34 Mo 2500 / 500 Double Hull 2050 / 340 Mo 1250
Each Time SLV collapses... it falls back to at least 500 Double Hull
You'll note the 34 pulls thru, the pricing data runs back to 500 Double Hull and that's the shove off for most direction changes as shown in this graph of IMGN... Expecting significant upside based on my daily momentum model. brschultz
Favorite MA's: 34 SMA 340 SMA 500 DOUBLEHULL
Like 2000, Like 2008, Like late 2015, and now...
This is just a short-term long position for the SNP, if you are a swing trader then there is a possibility we may bounce in January and continue back down on February. I am basing this on the fib extension of 1.618 and the .236 Support level. Things could go alot lower as bearish momentum almost always moves faster than bullish momentum when it comes to the SNP...
BASED ON MY FORECAST THAT THE TOP IS IN JAN AND THAT WE ARE IN A 2 YEAR BEAR FYI ONE DOWN ALREADY MY FRACTAL WORK LOOKS FOR MY CYCLE LOW DUE NOW INTO DEC 18 AS LONG AS 2445 HOLDS I STILL HAVE A SHARP RALLY FYI I WENT LONG SP 2566AND 2547 ADDING 2510 AND 2483 WE SHOULD SEE A SHARP RALLY BACK TO JUST ABOVE 2815 INTO JAN 14 PEAK
Put simply, the stock market compounds and thus should follow a compounding curve in the long term. I've set a parabola to the historical lows and find that 2018 has corrected to this curve nicely. RSI is also shown and compares 2018 values to historic readings at this level. While it is true that both the 2000 and 2008 crashes had RSI values similar today...
Watch out below, more pain is ahead. The S&P 500 $SPX will form a death cross tomorrow with the 50 and 200 SMA's and we're basically all fk'd. Make sure you have stop losses in place for any long positions, look for overbought futures for a short position. HOLD ON TO YOUR HATS IT'S GONNA GET BUMPY
SPX500 is approaching its support at 2694 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizonal overlap support) where it could potentially rise to its resistance at 2760 (61.8% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is approaching its support at 5.1%.
A lot of money in the market. It's time for a "haircut" Target: 1576 (-43%)
This index could still run a few miles ahead even though there is a tremendous technological valuation that needs correction. A lot of things can change in 10 years, whether you like it or not Trump has a lot of power and influence on the USA and world economy for the next decade. This projection is based on the fractal nature of market cycles.
BXY ZXY Volume, Vwap, VFI Setup a very simple profitable setup only using 2 indicators (Volume Weighted Average Price & Volume Flow Indicator) as everytime the vwap in candlestick/bars and vfi crosses in the chart it's a sign of a huge move or trend reversal as you can see in the chart. This GB (GBP/NZD) setup in 2hr tf could have made you +500 pips in only 2...
S&P 500 INDEX SPX how it's going ? It was really on top treading but now it going in down . OMG.. Who have much stocked this one ? i think he is legend . Look up in very carefully .
Clear uptrend buy pullback at strong volume area. Take profit on todays POC.
Hello everyone, At this moment we are in N -> O retracement that may take another 2 weeks. Next move O -> P will be close to the top of the market. Subsequently, R -> S move will be the last upward move before the crash. The stock market crash is approaching fast and according to my calculations... mid-2019 will reach the final top on SPX.
SPX500USD is testing its resistance at 2828 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 2790 (38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support). Stochastic (55, 5, 3) is approaching resistance at 98% where a corresponding reversal could occur.