The S&P has had a bull run in 2023 but it has stalled at 4600. What is even more worrying for the bull is that: 1) There is a huge Weekly double top with divergence on S&P 2) There is a pattern to sell 3) The neckline was broken and the market closed below it Overall the market is going to be bearish for the coming months. We will continue to sell all indexes...
SPX along with other markets have been in a massive uptrend from past several weeks. But we are about to see a potential change in trend. On the chart you can see I have a pitchfork from the bottom, which has helped me a lot during this entire up trend, its levels have been respected very well. But now we are about to hit the top of the pitchfork very soon,...
Potential for massive SPX dump over the course of the next 1-2 months w/ macro continuing to look bleak.
Hello Folks, The price is in the premium again, seems to dive back down from the marked zone. The price came back to my previously marked area of Break away gap, which i mentioned will be filled later. It's a final call for bearish continuation of US-Indices. I am risking 2% on the trade for a long swing target for high rewards. Monitor the price action in the...
Hello. Due to the negative divergence and the formation of a lower floor, I predict that the 4500 will decrease again
S&P500 had another nice day of price action but still no direction. Tested the lows early and tested the highs late. Selling the rallies and buying the dips until a direction is revealed.
Expecting an initial -25% drop, then an additional -60%. (For a total of -70%, minimum - full cycle!)
... When: The funding a 36-year stream of expected inflation-adjusted spending requires over 38 years of money up-front; Every single decile of S&P 500 components is at record valuation extremes; www.hussmanfunds.com The amount of leverage in the system (U.S. equity markets) is now easily the highest in history, by any measure, not just in absolute terms!...
Hi everyone, It is too early to confirm it but if this candle close like this next friday on the W chart in Shooting Star or Gravestone we will have something to worry about. Best to you !
With the credit spreads looking like they're about to blow out, equities don't stand much of a chance here, either. Look for at least a >-11% dive here. .... or ... SELL the Nasdaq100 ... ... as it doesn't look much different, either. A little difference without much distinction. Here is an other clue;
As we enter into the last market week of January, investors will have lots to focus on in the week ahead with a series of major U.S. companies including Apple ($AAPL), Microsoft ($MSFT), Facebook ($FB), and Tesla ($TSLA) all reporting earnings. The Federal Reserve is to meet, and markets will get their first look at fresh GDP growth figures in the final quarter of...
SHORT this spread endlessly!! Here is the Weekly The "math" bears this out, readily! NIKKEI225 has a 13%-15% advantage - including FX - over the SPX. This is by far the best Equities/Risk spread out there if one must be long equities. (... which one ought Not to want to do under any circumstance, at these levels! :-) Here is the FX component - USDJPY
SPXUSD SELL TP_3232.4_10.44%_376.8pips_SL_3676.1_1.85%_66.9pips
Only two days left until the elections and Wall Street is bracing itself for the next president of the United States - Trump or Biden. US Elections have been and are always expected to be an extremely volatile event worldwide. Elections, similar to other political or banking sector events, are notably treated by market participants with anticipation and...
Prepare for a wild journey my friends! B) Coronavirus interrupted a massive 4-5 year Head and Shoulders pattern in the middle of the peak to create a Frankenstein Head and Shoulders Doubletop Megaphone pattern... a.k.a the MegaHead and Double ShoulderPhoneTM pattern. Now Price will fall back around left shoulder levels around major S/R. Coronavirus just sped up...
The TIme is running and SPX is heading to a possible TOP to finally start the Correction. Waiting for a strong reversal SIgnal to get in that short. No financial advice, only my idea