Relative Momentum of International Equities SPY - US Equities ACWI - Global Equities ACWX - Global Equities excluding US EEM - Emerging Market Equities EFA - Developed Market Equities
Relative Momentum of US Equities SPY - Broad Market / Large Cap Equities DIA - Dow Jones QQQ - Nasdaq / Large Cap Growth IWM - Russell2000 / Mid Cap Blend IWV - Russell3000 / Small Cap Blend IWC - Micro Cap Blend SPYV - Large Cap Value SPYG - Large Cap Growth VXF - Extended Market Ex S&p500
BTCUSD trend down or up seems down v.s SPY options too
Looking for SPY to pull back to the potential reversal area. Several big S&P stocks looking to pull back to the trendline.
$SPY now has an RSI below 30. Haven't been here since February/March 2020. We see what happened last time. $SPY bouncing off 420 support zone as well.
NYSE:BBY NYSE:BBY performed well with the market rally and is forming a falling wedge which is traditionally bullish but nothing is bullish in this current market conditions.
This is an updated chart that I have on SPX500USD. I have it trading in a channel that begins from the COVID-19 Pandemic up to now. Today was a very volatile day that spooked many people such as traders and investors causing panic in the market. Today, SPX500USD actually dipped below the lower channel, BUT it closed above it. Through my technical analysis, it is...
Here I discuss how to play Fibonacci pinball with Apple. Fibonacci pinball is a sequence of fibonacci levels that are often seen in many instruments. Apple is currently showing a great example of this. Below I explain what I see; and how it can help provide targets as the instrument trends downward. After wave 5 completes I will show you how I will approach the...
Target $458 (50% Retracement) If fails $444 (38.2%) & breaks $435 we're going back to $425 or below. FOR 1/25/2022
Similar action from the tops of tech bubble and Great Recession. After a final run to the top, that took 3-5 months, we saw a large bear market. We also saw a poor earnings season that resulted in SP p/e levels double-triple. Are earnings going to disappoint? Are the current geopolitical situations going to escalate? Will inflation explode?
After a 200 Handle Range today the operators trapped at lows and used the ES to drag everything Higher. Everything. AAPL TSLA MSFT NVDA GOOG GOOGL FB SMH All came off very strong reversals. Even TQQQ after hitting 50, after the Split 75... managed to recover to 57.50. Many people were financially damaged by this correction. We'll see what Color Commentary...
Trend is up, price is stretched... as long as the Mid-Line in blue does not become resistance, we expect the decade long trend to continue up, towards the upper channel deviations around 6 and 8k. the areas to watch are 3930/3850/3730
SPX found ground at 4231 Support. A beautiful hammer candlestick showed up on the daily chart today. A hammer candlestick indicates a potential price reversal to the upside. The price must start moving up following the hammer; this would confirm the reversal. RSI extremely oversold at 20. The Federal Reserves FOMC meeting tomorrow , and Wednesday should help...
Entered for a 10% RoM - 0.50 Credit - large MoE on this trade, and compensation was there. When will this turn around, I do not know but the goal here is to be in place for when either a turn around happens or atleast a new range is established.
Impeccable similarities between SPY's massive recovery today and its recovery after falling 12% just before the 2008 crash. Could we make the climb back up as we did back then before a crash?
i don't play with fire ladies and gentlemen, i am the fire. 🔥 aapl has this 1.618 algo target down here at 154.61 - 1.75 algo is slight lower - an area of very high liquidity which it may gravitate to. likely we see a fairly nice bounce to fill the gap overhead in the days ahead \ rip the faces of all the bears who fomo'd in at the bottom of todays move. lot...