US10Y = 1.215% (yellow line)
S&P500 = 3955 points (orange line)
S&P500 DY = 1.48%
Personally, I think the catalyst for the next correction in the stock market may come directly from the bond market.
The logic is this: if the bond yield (US10) were to return 1.40% why should I take on more risk by investing in the stock market with a dividend yield of just over...
SP500 before a 21% increase. I assume we have reached the bottom of the correction level. therefore it is advisable to take a long position from this level. Target price: 4537usd
The sp500 is running on fumes right now. This week we should see a retracement and bounce which will provide us with a short opportunity for next week. Stay up to date, stay ready, be a ninja!
Fearing an upcoming crash / correction I've been looking at all the key indexes etc, and this was one of my earlier explorations using Fibonacci.
I look at this chart with a large pinch of salt, more a fascinating oddity than something scientific (maybe!), but I do find all the correlations very interesting.
Ultimately this connects well with my Vix & Gold charts...
The market has reached its all time high creating a new higher high which can be treated as a resistance @3941.1 for now. The RSI suggests that the market has been heavily overbought on 30m chart and a recorrection is to be expected.
On 4hr chart the support level 3896.8 is constantly being tested and looks like the market will test this level one more time...
This is a another chart where I've look for clues in different ways this time on if / when a correction / crash may happen.
All correlating with what has been found previous imo.
So our historical analogue is now showing that there will be a drop, bounce and drop to around 380 (3800 on ES). I will be looking to short on the bounce IF the bounce is created.
So price DID NOT pull back to my entry unfortunately and continued to rally higher. But at leats the move up was as predicted. Dont buy this high because the next move the historical analogue is predicting is a short as we start to close in on that 4k level.
As mentioned previously on my ideas and on my videos I have said that I expect the sp500 to crash down to the 3500 area. It appears as though we are continuing that trend downward, hopefully we hit that 3500 level for a HUGE trade to the upside. Lets GO!!!!
I'm expecting a move lower on the Sp500. It is long overdue but I am not going to try and trade the top, I believe the rally up into new all time highs AFTER the strong drop in price will offer up the biggest risk reward. So right now waiting for the drop. Stay tuned :)
SPX500 steep ascent. The SPX500 is currently building an accumulation area. Upon completion, an accelerating, steep ascending wave sequence may follow. The width of the accumulation area will be between 3754-3894usd. Then I expect an accelerating rising wave. This is called the finishing wave in fractal theory. In fact, it can be seen from the analysis that a...
Is it possible that the tech market is now in a second bubble? Although the valuation of the top 5-6 companies is accurate, what would the rest of the 455 stocks of the SPX are signalling on what is going to happen next?
In my view, I believe that a few signs on the chart of the SPX does seem to indicate that a correction is due. There is a current bearish...
SPX500 SELL VALID !!
BUY HIT ALL 3 TARGETS OR CLOSED FOR A 5% ACCOUNT GAIN BASED ON A 1% RISK !
Trade made a great move, hit a couple of loser on the way before the sell took off. Let's see what happens !
OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding...
Really clear, simple structure on SP here.
We have an ascending trendline with a resistance area turned support giving us clear reasons for entering and bullish bias.
Ideal buys would be around 3440 on the retest of the resistance and third trendline touch before a retest of the previous highs and the -23.6% fib extension for a nice 1:5 RR!
Bearish bias only...
SPY S&P 500 ETF found support on the 200 sma while making slightly higher lows breaking the 3/1 gann fan line that it was reacting too before which was acting as support. Momentum is making higher lows aswell while seeing a huge momentum increase last 4h candles. Next retest level will be the 50sma which will line up with the 2/1 gannfan line at 339$ price levels...
1st Rule=VIX Doji. 2nd Rule=LO of SPX Candlestick. 3rd Rule=What can we learn about Rule 2 when SPX CL < Rule 2 or dips below but CL > Rule 2. CAVEAT - small sample size. NOT ADVICE DYOR
S&P500 higher-highs and lower-highs structure on the weekly are still intact with the recent low located at 2934. This low needs to be violated or price break below it before medium term structure turns bearish, but as long as the low at 2934 is not violated, bullish trend still remains. Price potentially can reverse above 3019 to retest the bearish order candle...
