LupaCapital

SPX - October outlook, soft landing or hard crash?

Short
OANDA:SPX500USD   S&P 500 Index
G'day,

Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.

A note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Short due to the overall monthly supply in control, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - shorts are held.

Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are awaiting confirmation of a Bearish move.

Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Orange = Daily
White = Structural move down

Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.

Monthly
We have a fresh level coming up.
Below this flip zone as a PCP or Drop base Drop scenario will provide us a clear pathway to the 'Covid lows of 2020'.
Reasoning - original levels needs to be the arrival destination for the buyers.

Weekly
Time frame of interest as a whole as it ignores the smaller pictures.
Shot continue to dominate - the monthly indicates strong wicks which showed reactive buys.
Price will mainly look now to test the weekly and turn the current zone into a PCP zone. (await confirmation on daily).

The zones are clear for profit targets and strong places to hedge buys from these zones.

Four Day
VIP availability for write up.


Daily scenarios
Scenario will be either, break and retest - (risk minimized move)
Buy impulse will be an option upon the last buying opportunity as the zone is now tested twice on the weekly and monthly has indicated a strong supply in the case of a BASE within the PCP or DBD scenario.

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Thanks,
LVPA MMXXII
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