That the Plunge Protection Team has been called in means there is big trouble! The PPT is a real lawful entity designed to manipulate the US Stock Markets. It is officially known as the Working Group on Financial Markets (WGFM). It was created by by President Reagan’s Executive Order 12631 in 1988 following the 1987 crash. Its purpose is to lawfully prevent ...
SPX -First Three hours analysis: ENJOY 42 DOLLARS PROFIT MOVE
TODAY BUY SIGNAL GIVEN AT - 2536
MARKET WENT TO - 2574
ENJOY 42 POINTS PROFIT IN SPX
AGAIN BUY AT ANY DIP
1. Volumes are greater than previous day - Suggests some interest from long time-frame participants.
2. Positive cash flow is slightly greater than Withdrawals.
3. Free Float capitalized ...
SPX is getting to a crucial point, where it needs to overcome some very heavy resistance. The 50 MA has been very reactionary, and the decreasing black trendline could prove to be a significant challenge. The SPX has been very successful in the last 10 years, due to QE programs and a booming World economy. At the moment things are not so peachy, with the trade war ...
This is a short one. It appears that the SPX spooked itself last night! Well, to be fair it was probably news of the death cross which caught some investors, that was related to some price action.
Markets - at their tips - are ruled by hope, fear and greed. Watch this space. No predictions - as usual. :)
S&P 500 Index SPX
Following the next long trigger on the break above 2701, this index hasn't quite made it to the next upside target at 2747-2755 range after a high at 2744.
Close but no cigar.
As with the other indices this one is also overextended in near term.
And as with the Nasdaq, both indices have 2 lines of resistance sitting just above closing ...
This Index is featuring for the first time on our TradingView blogs.
Current setup: Price is below the previous resistance level and also the weekly 50 simple moving average.
Conclusion: We are seeing bearish moves here and price may move down further to test the 200 simple moving average.
Any comments or questions, do not hesitate to leave them below. Give ...
Hi guys, today we will make clearly what happen with S&P500 0.41% in the next time.
This is really a difficult question for answer but look at this chart and read the explain in below you will see my view about the market right now.
First review about the 1M (1 month) candle, we have big red candle, this is really very bad signal with RSI divergence has occur ...
Already holding a short position from 2820. Waiting further confirmation to increase position size IF breakdown of long term trend line (Red line).
This entirely depends on the decisions made by the Federal Reserve and how they plan to handle this. S&P can comfortably continue upwards forever until currency implosion and hyper inflation (if they want it to go that ...
Exemplarily, the S&P500 rebounded on its 61.8% Fibo-Retracement. Also there was the correctional high of October.
If the S&P500 can´t close above 2.820 points, it is in a short-term downtrend. The next first target would be at about 2.610 points.
If the bulls still do not take the scepter, it can slip one more level to 2.480 points.
If we see the year-end ...
We just have strong downtrend in last several days. Almost market index in the World have been affected by US stock index.
We are in correction wave for bull back and wait the signal confirm that we will have another drop.
The target drop and target of correction I have drawn in the chart
Good luck guys !
Last week the S&P500 had a large selloff but as you can see it gave a perfect bounce off the 55EMA level and shown some rejection. This is a great buying opportunity. I expect the S&P500 to continue to make all-time-highs until early March 2019.