S&P 500 IndexShort
Sp500 Forecast: Unusual day and last hope for bull 🧙♀️
On third Friday of March, June, September and December, most options and futures expire.
Already today there will be a large quarterly expiration, popularly called "Quadruple Witching",
In total there are 4 of them per year (at the end of each quarter).
In last hour of a trading session, trading volume and market volatility usually increase sharply.
💫 As a rule, this is followed by a medium-term trend change or strengthening of the previous one.
Since March expiration, SP500 has grown by as much as +10%!
Almost 90% of this growth was provided by just few companies:
NVDA , 
MSFT , 
AAPL , 
TSLA , 
META .
And since beginning of year, it has grown by +15%, that is, there has already been an increase in the growth trend.
The whole quarter went up.
For your convenience, I put the witches on chart.
The picture clearly shows that magic happens on “witch days” and medium-term extremes of market 🪄
There is extreme greed in USA market right now - the perfect moment for a market reversal!
At such moments, unjustified pumps are visible in some unprofitable companies:
SPCE , 
AI , etc.
If you are stuck in these papers, now is a good time to sell.
But from next week you can already start wearing shorts, summer is coming ☀️🩳
Now, the US Ministry of Finance and FED are also playing on side of the bears, which are withdrawing liquidity from the market.
Market reversal is 99% ready ✅
🎯 Targets for a set of medium-term long positions: 4000p, 3800p.
You can find even more profitable ideas in the profile header 🎩
If you are interested in analysis of any other asset - write in the comments and I will do it.
Already today there will be a large quarterly expiration, popularly called "Quadruple Witching",
In total there are 4 of them per year (at the end of each quarter).
In last hour of a trading session, trading volume and market volatility usually increase sharply.
💫 As a rule, this is followed by a medium-term trend change or strengthening of the previous one.
Since March expiration, SP500 has grown by as much as +10%!
Almost 90% of this growth was provided by just few companies:
NVDA , MSFT , AAPL , TSLA , META . And since beginning of year, it has grown by +15%, that is, there has already been an increase in the growth trend.
The whole quarter went up.
For your convenience, I put the witches on chart.
The picture clearly shows that magic happens on “witch days” and medium-term extremes of market 🪄
There is extreme greed in USA market right now - the perfect moment for a market reversal!
At such moments, unjustified pumps are visible in some unprofitable companies:
SPCE , AI , etc.If you are stuck in these papers, now is a good time to sell.
But from next week you can already start wearing shorts, summer is coming ☀️🩳
Now, the US Ministry of Finance and FED are also playing on side of the bears, which are withdrawing liquidity from the market.
Market reversal is 99% ready ✅
🎯 Targets for a set of medium-term long positions: 4000p, 3800p.
You can find even more profitable ideas in the profile header 🎩
If you are interested in analysis of any other asset - write in the comments and I will do it.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.