As title states, key price action levels to consider with regards to S&P500
Pattern: Bullish Megaphone on 4H. Signal: Bullish after the price rebounded exactly on the Higher Low. Target 2,930 (projected Higher High).
I have put today price action side by side with the September - October 2018 price action. The candle flow is very similar and what follows next scary indeed. If we see similar development in the first week of April (the candle sequence in the eclipse), the we should get out of stocks! I don't need to mention that what followed was the strongest correction since...
When talking about S&P 500 as per graph logg we could make conclusion that this was "dead cat bounce. Daily MACD confirms further bearish momentum. RSI turning against. Further fall is imminent to 2400 points. Important thing to say which is subjective opinion, but previous results add weight to expertise: * S&P500 suggested retracement at the Ocotber 2015...
Intraday target: $2610 Long-term target: $2000
Since December we have seen a weak rally of price back into an area of resistance with decreasing volume. A distribution pattern has been occurring since December 2018. A sell pivot printed on the 22nd January which gave the signal to go short. The target is the 1800 handle.
Intraday target: $2630 Long-term target: $2000
Intraday target: $2630 Long-term target: $2000
Intraday target: $2608 Long-term target: $2000
Intraday target: $2500 Long-term target: $2000
Intraday target: $2500 Long-term target: $2000
Sun 13.Jan.2019 Ticker: SP:SPX LAST= 2,596.26 S&P 500 INDEX movement during the last few days showed a Bullish move, with a recent high price seen on Thu 10.Jan.2019 at 2,597.82. During the next few days, wait for a more solid signal as the price is expected to try to test the psychological level of 2,600. But as of now, as long as the price is expected to...
Intraday target: $2413 Long-term target: $2000
Intraday target: $2413 Long-term target: $2000
Intraday target: $2413 Long-term target: $2000
Intraday target: $2630 Long-term target: $2000
Intraday target: $2606 Long-term target: $2000