Last week was a very good week for SP500, with the index reversing strongly and rising back above 4k important figure. However, after reaching 4.2k, SP500 has started to drop and now is trading at 4120. It remains to be seen if this is just a correction for the previous leg up or a resumption of the downtrend, but one thing is clear for me: for SP to remain...
S&P500 It remains bearish, in the next few days we will have a second opportunity to sell it. Note: See order block 3D Chart
There is resistance at 4200, and it could hover around here until the Fed signals either continuation of hawkishness or a capitulation back to dovish ways. If hawkish, expect continuation down to 3900.
Was this a back test or is there more downside? Looks pretty clean to me.
From yesterdays session, they strangled the S&P too high too fast. This will probably lead in a nice short micro crash to the center line. Do you see the daily chart? Price is exactly at the center line, and a 50% warning line confluence. Price just follow the rules of the Andrews Medianlines: "If price breaks through any Medianline, it pulls back to it, before...
Yes, SP500 is down a lot. Many indicators show oversold. But what I see here is nothing more than a natural pullback, which seems to align with the Pitchforks 50% Parallel. To me this could be a gift from the god to load up a little more. My target is still the Centerline. From there, we will see how the market behave. #planyourtradeandtradeyourplan
Pair: SP500 Side: Sell Limit Entry: 4021.3 Stop Loss: 4042.3 Take Profit: 3933.7
The big moves this prior week call into question where we could possibly be. Are the recession fears valid and will the market tank for the remainder of the year or is the bottom truly near? Let us study what Primary C could possibly look like. DATE TARGET Primary wave A’s length tends to contribute 30-40% of the movement of the larger Cycle wave in which it...
✅S&P500 is looking bearish on weekly timeframe ✅As per my setup and strategy we are highly expecting price to drop lower my target will be 3581 ✅ This could be bad news for crypto ✅Plan risk management according to your requirements. ✅The setup might fail if any external event effects the price or if did not follow the rules Note :This is my personal...
QQQ ETF / Market Bubble analyse According EMA Cross of EMA 20 & EMA 200 Expecting extra -15% marketfall by the end of the year. Used Techniques: Technical Analyse Fundamental Analyse Sentiment analysis
Yesterday SP500 has risen fueled by the FED. However, this rise is extremely short-lived and the index is back in support I expect a break of this support followed by a violent drop. 3.5k remains my target and I think it will be reached sooner rather than later
Looking at historic recession losses of the S&P 500 and given the current market conditions pointing to a recession one has can derive more downward movement for the stock market. Looking at the S&P 500 there is still a lot of room downwards to an overall 20-40% correction down into the recession from the last...
In my previous analysis regarding SP500, I said that I expect a drop under the 4k figure and things are getting closer and closer to that moment. Looking at the price action for the past 4 months, we can see that after a very bad start of the year, stocks have tried to recover, but sellers capped gains in the 4.5-4.6k zone. A new attempt of recovery started in...
SP500 has started 2022 badly and things look like will get worth. After an initial drop to 4.1k, the index tried to recover, but 4.5k proved to be a strong ceiling and SP500 rolled back down. Now the index is trading in February's low and I expect a continuation to the downside. A drop under 4k would be significant for SP500, both psychological and marking more...
Upon research, waves ending in C33 (our current situation) perform wave extensions greater than 150.98% for the S&P 500 index. A cluster of wave extension maneuvers occur around 200% for this same dataset. Inside of Intermediate wave 3, where we should be now, we are also inside of Minor wave 3. Minor wave 1’s name structured ends in C31. It began shortly after...
That's it - Game over IMO. It looks like we even loose the TL, after bouncing second time from the U-MLH. Target - of course - the Center Line.
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions