Like in other actions, AMEX:SPY is no exception. I believe a megaphone has been created that will be looking to break its resistance to continue its upward trend
Jan 8th pullback in the S&P to 4220 This is an estimated pullback using the same timeframe we saw while hitting resistance last week
Every 40+ investor and a pair of eye glasses is pounding the long TLT! call options TLT!. You sure about that? you sure you can handle 4-5 years of a complete dead TLT? Federal Reserve seems to be only interested in bailing out banks collateral directly instead of starting YCC so the TLT traders "bond market is the safest in the world" has just completely...
Yesterday, the Volatility S&P 500 Index hit its highest value since late March 2023 (when regional banks were imploding), reflecting a quickly deteriorating sentiment among market participants. Both SPX and ES1! constituted a new daily low, which continues to support a bearish case. This case is also supported by RSI and Stochastic reversing on the daily time...
The past few days were quite choppy for SPX. However, S&P 500 E-mini Futures have not broken above the 0.5 Fibonacci retracement level. That allows us to maintain a bearish stance and keep the recently introduced setup valid. As a result, there is not much to write about today, except for one noteworthy thing that caught our attention overnight: one of the largest...
SP500 We have one downward channel that we broke and went up and formed a new upward channel. We are near the resistance line of this channel, we also have a liquidity zone (red box), which we have partially collected, I would expect that we can collect more liquidity up to 4465 and after that I expect a corrective move down to the first target 4100. The same...
The chart posted is that of the sp 500 . To which I been calling for the final peak due june 23 week . But the wave structure is not complete nor is the fib relationship. this also happened in 2018 to which I been calling for that peak to end on jan 10 2018 a shift of 17 day occur then and I am allowing for that same type of action as the crash then came...
SPx the price can stable in a negative direction because already stabilized under 4358 so now will drop to reach 4309 and then should break that to get 4278 also. the price will start dropping as long as trades under 4358 to reach 4309 and 4278 for this week however, if the price reversed and stabilized above 4363 then will support the rising to reach 4391 and...
nice little hs and out of trend line down to 4330 we go vix looks nice to closed gap and dubble bottom
not a financial advice, my idea based on my analysis and bias
We have fallen below the upward Extra Bullish trend channel i gave you back at the MARCH lows. It seems rather clean and clear that currently my channel is now acting as Resistance so its still in play so to speak and worth keeping and watching. When everyone FREAKED out and sold off the crash we really only dropped to EXACTLY the 1st line of support from the...
Just look at that bounce from the secondary support line i gave you MONTHS ago to watch for and use IF and WHEN we lost the upper trend. This is NOT the 1st time this line has been the BEST time for you to buy. Who else made it this SIMPLE for you? The lines and the system i gave you to work with MONTHS ago is STILL IN PLAY.
the index sp500 is for sell in long time , the Fed rise 0.25 pb in may my friend
This is a es mini short at 5m breaker. I expect price to visit back a daily OB below
S&P500 turned neutral on its 1D time frame (RSI = 51.591, MACD = 36.770, ADX = 21.671) after a Double Top formation pushed it on the February 10th Low. The long term pattern remains a Channel Up and as the RSI is printing a variance identical to the first 2 weeks of December that formed the top, we expect a similar decline to start, aiming at the bottom of the...
The S&P 500 has been in an uptrend, characterized by higher highs and higher lows. This suggests that there is a bullish bias in the market, as buyers are willing to pay higher prices for the index. The index recently experienced a retracement to the 50% Fibonacci level, which is a common technical analysis tool used to identify potential support and resistance...
In these charts I showed the bottoms of the SP500 in 1970, 1975, 2003, 2009 and a potential bottom in 2023. After each impulse from the bottom upwards you can see a small correction, but afterwards still continue to rise. My point with this analysis is that I don't see a deep dive down. But getting carried away with big leverage or all-in right now in this stage...
S&P 500 E-Mini Futures CME_MINI Can a bear get a punch bowl please? I think this year has a lot in store from a volatility standpoint. Emerging markets may present hidden scenarios one has not accounted for. Look at Adani. Brazil, Thailand, and the Philippines will be presenting inflation data. India's reserve bank will be likely raising rates. As well as China...