Hi traders, Last week SPX500USD made the start of the (corrective) downmove just like I've said in my outlook. Now we should see another downmove to stay bearish. Trade idea: Let's see if the next downmove is impulsive or corrective. If it's impulsive you could trade sells after a small correction up on a lower timeframe. If you want to learn more about wave...
US stock indices fell sharply yesterday following yet another hotter-than-expected inflation reading. Headline CPI for March jumped to 3.5% year-on-year, up from the 3.4% expected, and well above the 3.2% recorded in February. The latest reading is the highest since September’s 3.7%, and it has certainly rattled financial markets. Stock index futures sold off...
Here is our detailed technical review for US500. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 5203.9. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 5153.7...
SPX500 setting up bullishly pre-cash open. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts...
S&P 500 fell below the important level of 5200 and below the lower BB as well as the previous day's low after higher inflation data then expected. Now right after initial balance, we see a reversal towards the bandwidth. If the level is not reclaimed, the downward trend could continue today. The next targets would then be at BB (5148/5128).
Here I will document my trades to keep track of them and ask you to comment. The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail. At the moment I have a combined result of -0.75. That triggers a signal short.
The trend seems clearly bullish. Price is holding above the 200-period exponential moving average (200 EMA). As long as the price remains above 5112.60, which corresponds to the lower Bollinger band in addition to the channel median (see red cross), the uptrend is maintained. In the event of a break below 5111.60, there is a high probability that the price will...
It was a slightly bumpy week for the US equity markets. Investors in US equities were not happy to see that the US jobs data added 303K new jobs in March, while the market was expecting to see 200K. The huge difference impacts markets to reconsider its potential influence on future inflation in the US, and in line to adjust their positions, expecting that Fed will...
It's been 5 years since the last time Ive published an SPX idea and also the last time I entered a SHORT POSITION .(Please check my 2019 post) COVID and OIL Carnage(went to negative price! LOL!) was the BLACKSWAN. I was staring at my P/L goes UP while watching the world go DOWN and Im thinking to myself. How the fck is this world going to recover? Can the market...
The SPX weekly chart displays a cup and handle pattern, indicating a projected target of $5525. This pattern suggests a potential bullish trend continuation, with $5525 serving as the projected target price.
Using Elliot Wave theory, an expanding triangle seems to be in play marking the beginning of the downtrend. This will likely be a double or triple combo correction. Targeting 4600.
Technical Analysis and Outlook: The S&P 500 index experienced a severe drop below our Mean Sup 5203; however, the market rebounded swiftly and returned to an active crime scene. The current upward trend indicates that it will reach the target of Key Res 5260 and, subsequently, Outer Index Rally 5280, the long-awaited target. On the downside, Spooz may revisit the...
1w and 1Month returns have already turned Red like the three weekly candles. Next week we will have the 3 Month returns turn red and .... Rate Cuts are out of the horizon...so why invest!!
L’indice S&P500 racchiude le 500 azioni U.S.A. a maggiore capitalizzazione e rappresenta un benchmark riconosciuto a livello globale dell’azionario americano: ha battuto il suo massimo storico in data 1° Aprile 2024 a quasi 5.300 punti. Da allora, stante anche la situazione geopolitica nel Medio Oriente non così rosea, ha prima avuto delle sedute contrastate –...
SP:SPX bigger picture - no bear case until you have a few closes below 4400. Instead of trying to time the top - it will be obvious once the trend has changed - plenty of time to join then. For now - trend is still up in the bigger picture - UNTIL you get a few closes under 4400 and below this long term wedge. There is the potential to just melt up into new...
Try conving me that she does not like channels or shop at Chanel ... lol This is what I see We still need to go and test both sides of the yellow channel We are bullish and bearish on various timeframes... This is gonna be fun!!!
Almost 140 years of #SPX priced in #CrudeOil I'll let you guess where this is heading... #inflation #recession