As I had mentioned that a major turn is at hand we now have 3 spirals in place and the turns have begun see 2020 turns as well as the forecast aug 2022 3 spirals focused on aug 13 to the 20
With regard to the MACD Histogram, the Hawkeye Engine notes that the S&P 100 Index (OEX) has recorded 30 consecutive days above the 0 level. Historically, following the formation of this MACD pattern, OEX, displayed a positive expectancy over the next 20 trading days.
OEX - 20-day average absolute return 1.97%, standard deviation 2.79%, win rate 8 from 10, drift...
This is a ratio of the OEX to the SPY. Which is a ratio of the market cap of S&P 100 vs. the S&P 500.
It is interesting to note that during previous bubbles, such as 2000 tech bubble and 2007 housing bubble, there was a considerable increase in the ratio of the S&P 100 to the S&P 500.
At the moment, many are ringing the alarm bells on the 2021 bubble. However,...
Hi there, we have double bottom & I expect that price will rise to 1789 but we have a strong resistance on 1776 line,so you can choose 1774 for your target.
good luck.
Hi friends
the daily chart of this market shows that it will experience with a high probability an uptrend in the next few days please subscribe to receive more analysis
thank you
I use the "OEX" CBOE S+P 100
as an overall market confirming Trend Index
Comprised of the 100 largest capitalization companies on the NYSE and Nasdaq,
the OEX is a "proxy, and broad range"for United States cooperate performance.
This past week...
the OEX broke out to an historic all time high closing at 1547.90,
clearing the Feb 2020 top, prior to the onset...
Hi friends
the weekly graph of this market shows that it will experience an upward trend in the coming weeks but at the same time the vigilance of the change in the opposite direction
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S&P 100 versus all the rest S&P 500 and also Russell 2000... Note that in the previous cycle 2003-2007 was a value cycle so the S&P 100 big cap names were underperform the broad market, growth cycles are mostly a concentrated big cap names phenomenon.
S&P 100 versus all the rest S&P 500 and also Russell 2000... Note that in the previous cycle 2003-2007 was a value cycle so the S&P 100 big cap names were underperform the broad market, growth cycles are mostly a concentrated big cap names phenomenon.
Smart money is flowing out and has been for almost a week, was waiting for this dump. Most people think it's oversold so I expect a short comeup but a major comedown.
Crazy idea from a crazy TA :)
$OEX is the S&P 100 and heavily weighted AAPL, MSFT, and AMZN. Today's move is actually gaping above the 100% expected move. Sure looks quite risky to hold in here. Toppy
THE WAVE STRUCTURE IS ENDING THE CORRECTION NOW WAVE C DOWN IN SP 100 IS 5 WAVE DOWN FOR WAVE C of B down i see a 5 wave rally in wave C UP TO PEAK IN WAVE B WITHIN 11 TRADING DAYS AT 1277 TO 1281 . BEST OF TRADES
