I have great faith in my 3 Day signals. It clears all the noise yet shows a short/Medium-term trend.
3D signal is short with more pain ahead for the market.
big names are likely to see a sell-off soon...probably in mid/late Feb.
-4550 ish range is a given at this point, just the timing is uncertain.
We have seen sideways action, ever since falling into correction territory. At first sight, it does appear to be showing weakness, as the rebound was a lower high. However, we can see the current support level is extremely resilient, and could serve as a spring board for better days. Additionally, the S&P500 is currently creating bulling triangly, which if we are...
S&P Futures $ES MacD Signal Line cross on the Weekly
So I’m definitely a TA nerd … and this is an exciting Technical alert that typically signals a return to the mean…
When the signal line (orange) crosses down, that would be the first place I even consider starting a long position.
GL
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I am not your financial advisor, but I will happily answer...
The S&P 500 reflects the uncertainty created by the annexation of parts of Ukraine by Russia. How the world will react to this and what is Russia's next move leaves the market in a very uncertain state. When you see capital moving away from the stock market like we are seeing in the S&P 500 the expectation is that prices will increase in the 10 year Notes and the...
falling wedge, the PCCE is back above .9 justifying the heavy imbalance leaning towards sell pressure. most of the time sellers will get exhausted and a squeeze will appear to the the upside. covid, war, corruption the media will create fud.
IN this update we review the recent price action in the SP500 (futures contract) and identify the next high probability trade locations and price objectives to target.
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Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
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Good morning,
broad market does not look hot right now,
at least not for longs lol.
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i'm looking at the potential for es to come down to around 3970 in the month(s) ahead before a really big move to the upside.
it could potentially go even lower if conditions start looking worse.
once this initial 5 wave move in the local area is completed, i'm looking for...
Idea and Reasoning in the chart.
My own personal view and thoughts :-
Too much FUD!!!
How much more you can scare the Market?
Personally, i do not think so that a War would happen for sometime soon.
If war or anything were to happen, it would happen out of BLUE.
Media is just War-mongering and US is trying to off-load their own wrong doings or fault, such as...
Last week's price action, most importantly last weeks price settlement may be an indication of what's on the horizon.
Price confirmed weakness last week by opening, testing resistance and closing below the teal channel structure.
A retest of 4,212.75 is not out of the question in the near term unless something spins this market around aggressively.
Beyond...
ES1! SPX500USD 2022 FEB 21 Week
Short preference last week worked well.
Scenarios:
1) If 4212 - 4267 is support = long
2) If price retraces on lower volume will look for
short opportunity.
3) If market breaks 4212, wait for test and reject to short,
or if 4212 is supported, then it will be a long opportunity.
Weekly: Average down bar closing near low =...
Well it’s a very good time to make remarkable amounts of profits from trading, you could also be taking advantage of the current profitability from this.
This pattern applies to the S&P only. The NDX is a different animal. I'm less confident there will be new highs in that index.
The board is full of dire predictions for the S&P ....with good reason! It's been an historic decline off the top. This is what happens at important junctures in the market.
A casual observation of the posts would suggest this is an...
/ES & SPX have form both a bearish and bullish pattern.
A tug-of-war between sellers and buyers. At the current moment the bearish patterns have played out. The bullish patterns are forming strong support and more buyers are stepping in.
I’d envision a pull down to 4238.50 and consolidation at that level between 4263.25. However if 4212.75 is lost, a bigger...
The stock market is moving lower because of the uncertainty of the Russia Ukraine situation. Currently it is waiting for an excuse to do something. If Russia invades Ukraine, which is expected to happen any day now, the expectation would be further movement to the downside as stock markets hate uncertainty. If Russia does not invade Ukraine and there is the...
