Using TA, Fib Ratios, Trendlines, Patterns I show what I believe possible upcoming paths for the S&P 500 (SPX). In taking these paths the S&P is forming a giant Head and Shoulders which is a bearish pattern. I also show using an explosion graphic where I believe once the head and shoulders hits...then all bets are off in this bear market and it will be testing...
Using Patterns and other TA I believe the market will follow one of my two paths to retest the high on the right shoulder before continuing down to complete the pattern. I also used other TA to confirm what I'm seeing on this chart. I try to make my charting simple that others can looks and be like oh yeah that makes sense. Am I always right? Heck no... Not...
Using TA, Indicator's, and Elliot Eave theory I show we are nearing a reversal point and soon will drop down (mini crash) to one of the indicated fib ratios. Then the fun begins… that is if your positioned accordingly. Why? Because that completes a giant head and shoulders on the Daily. … which means… more down shortly but one step at a time. Note: I only use...
Using trendlines and patterns I show how history repeats/rhymes. Using that and TA to verify I know the next big move soon will be down.
Using Patterns and Technical Analysis including dumb/smart money I show what I believe is a reversal about to happen. It will be forming the right shoulder of a large Head and Shoulders pattern forming on the daily which will continue the bear market. I also believe the downside will soon accelerate after one more up after it reverses next week. Note: I use...
Using Trend Analysis and other TA I believe this is the last little up before it breaks the trendline to continue the downtrend. Note: I only use public available indicators in all my charting...nothing is private or custom!
Using Trendlines and 200day I believe if it drops below 3930 then I think the bulls lose control Note: All my charts use publicly available technical indicators. Nothing is custom or private!
I believe the Spx is going to continue down. I list fib levels that it can go up to from yesterdays drop before it goes down to at least .5 fib of the current wave.
I indicate where I think possible prices that could be reached to be comparable to previous crashes. I also show indicators on the 3 month chart that indicate same patterns as in prior crashes. Note: I only use public available indicators in all my charts. Nothing I use is custom or private.
I notice patterns in things and as shown I show how the down leg from last year could be very similar to what is happening now. This indicates we have around another 15% to fall to complete the pattern. If the pattern is the same we can expect prices to fall below 3500 within the next 15 days. I used Fib levels to determine approx. levels. Note: I only use...
Market needed to go up as it was to oversold...now it is almost over bought... I see it maybe going up to around 402 max before reversing if not now. Note: I used only public indicators in my charts
You can see it made 3 attempts to breach 200 day with a lower high each time... It also has make 2 lower lows. This indicates to me that is a top and we are going lower low. Note: All my charts are made with public indicators and nothing private or custom
SPX tried to retest to see if could go past 200 day and failed... I now expect the downtrend to continue and maybe a crash right around the corner. Noe: I only use public trading view indicators. Nothing I use is private or custom .
Weekly and Daily have both turned south. This is going down no matter what. I think it’s ready for a crash. Note: I use only public indicators from tradingview to make all my charts easier to see visually. Hope you enjoy!
After looking at the latest charts. We are going down. it would have to be an amazing event to turn this around. Or if something were to come in bad say inflation data …’it could go down harder. That’s my take we shall see. I don’t see much upside.
According to my TA the downtrend will continue on with no higher highs.... I see nothing that says that is changing anytime soon... Of course an event...like the Fed or something can change that. Note: I only use publicly available TA indicators in all my charts.
The is one of my bear market scenarios. I list dates and price levels. I based this on fib levels and other technicals. Note: All tools I use are publicly available in the indicator sector.
This little up trend doesn’t agree with the charts no matter how much they want another blow off top… they are trapped. Banks are dropping like flies. You can’t plug all the dams leaks. Anyway to much resistance above. Rolling over and going to new lows, imo.