Is it the beginning of "THE BIG SHORT"?
I am not personally convinced about as if it is going to be a crash but the short seems inevitable in near future as per chart. Let's see...
Disclaimer: This is just a trading analysis and for sure it is not any kind of recommendation of trade.
This time is Long -swing trade and i am sure it will works my target may even not enough far
The US stock ignore all bearish signal..that can be from FED tapering and hike rates//that can be from Trump Promise..than can be from Geopolical problem or even Storm.
It cannot conitnue to go highter like that without a big correction,is natural,is the Forex,the...
-Short with 7 target step by step for people who wanna take them gain or reduce them lots.
-i enter with 2 separate lot same as all my trade but this time i write it.
-even not geopolital tension the US stocks not done the real legit correction.
-Fed is tighening and will start next month to tapering.
-they hike rate many time and stock continue to go up,is...
...... i not think it will pass 2450pts before to see at least a come back again on 2400 easy,.
Market is in real euphoria 2400 pts is a easy target if you not have big leverage
the only problem is the fees every 24h
*Weekly Time Frame*
Setup can take 2 months to show.
Also the Daily Time Frame shows some bullish movement, when the daily time frame also turns bearish its time to short sp500 for 100-150 points, maybe more if the lower range breaks.
When the Daily Time Frame turns bearish I shall also update this idea.
A broke of the range followed by some small side ways...
i expect that the tax plan delivery who should come tomorrow will be not fantastic.
and also if is really not fantastic ..the US market have priced it since long time so it can make down all indices down the master sp500
Having pushed lower last week, it looks like the index may be heading lower for the time being, i intend on waiting for price to test the lower long term channel, placing limit orders at and below the fib .236 line, and waiting for high volume. Uncertainty surrounding the trump rally abound, there may be opportunities to buy cheap in the coming weeks, lets just...
Long on S&P based on pennant formation, repeatedly tested support at 233 (.236 fib), and high volume displayed at fake below support suggesting demand below 233.
Intention is Long entry at retests of 233.5, with SL at 231.5 and TP at 240.
Uncertainty surrounding Trump rally could well lead to a breakdown of support, particularly in response to news and/or...
Sp500 when the bearish divergence will be activate ??
i think it will be bloody soon..it start to be a real bubble i think even Trump supported the bank friday with review the Dodd-Frank law
Many problem in the world...
- Italian bank
- Greece
- Ukraine
-Iran (now)
- french election
- many geopolitical uncertain
i forget may many other topic because i write...
We make new high. And we saw a big move down after Fed statement. Most likely we draw the fourth wave. But I think we need to make last high. We were just on top of the bigest attraction, open your eyes and catch the buzz.
Because it is the end of the economic cycle.I believe it will be a long decline.
With the S&P500 making new highs on no basis and serious resistance appearing at new levels, along with STOCHRSI signaling extremely overbought and MACD begining to reverse, I would take a small short position at $2205 with a T.P. $2175
