Eminisp500
S&P - New York Session Outlook 02.12.2019 | Support & ResistanceHere the levels to watch Intraday for Support and Resistance. Analysis is unchanged compared to last week. We don't predict the high of the year, but I wouldn't be surprised when we have seen it with 3157. Be humble with Objectives when opening a Long position. In case you want to Short, look for opportunities when we trade below 3130. If we trade above this level I'm still Bullish
ES - New York Session Outlook 27.11.2019 | Support & ResistanceLevels to watch Today for the New York Session.
See related idea for Yesterday's levels and how they where sensitive during the Day. Although I expected a deeper Retracement, the Resistance Levels noted where good for the New York Session High and Today's London Open High also bounced from a noted Resistance Level.
Not a good idea to pick the High. We are close to Thanksgiving and normally the Markets become more quiet. My Bias is Bullish and only when we will have a deep Retracement and or 1/2 Down Days a Bearish stance is considered. I would look for 'Resistance turns into Support' ideas for Longs and only would consider Shorts below 3130
Morning Ideas November 5, 2019Some good news out of china overnight send the market up with a little spike.
We are ranging near the value high and wold expect this market to continue in this direction,but we may need to dip into value first.
I would continue to be long, and although there will be some short opportunities, make sure you are not overstaying them!
Morning Ideas November 4, 2019Good morning from Colombia!
We are at ATH again, and we continue to accept higher.
Listen to that again, we continue to accept higher prices.
The market is NOT showing any signs at this point, so you have to be long, IMO.
The market is stretched overnight on low volume, so I'll wait for low 70's.
Context Analysis - 4th to 8th November - Emini SP500Timeframe analysis:
Long Term (D) - Bullish
Medium Term (H1) - Bullish
Short Term (M15) - Bullish
Volatility:
MA ATR D-1: 26.95 Pts
S/R Zones:
3 Points (12% MA ATR)
Risk Management
SL: Zone + 50% (4.5 Pts/18 ticks)
Trailing Stop: 2 x zone size (9 Pts)
Operational Decision:
Only Bullish Trades / pending limit buy orders / entering reversals when the market retraces to very Strong Zones
Análise Contextual - 04 a 08 Nov 2019 - Emini SP500 Tempos Gráficos:
Grande - Comprador
Médio - Comprador
Pequeno - Comprador
Volatilidade:
MA ATR D-1: 26.95 pontos
Zonas S/R:
Tamanho: 3 pontos (12% ATR)
Gerenciamento de Risco:
SL: Zona + 50% (4.5 Pts/18 ticks)
Trailing Stop: 2 x tamanho da zona (9 Pts)
Decisão:
Operação apenas comprado, entrando na reversão em zonas superfortes
Market Correction Approaching? [S&P Q4 2019]ARE WE ABOUT TO SEE A MARKET CORRECTION?
As we finish off Q3 2019 and approach Q4 2019, we see that S&P is holding strongly about its new all time high. However, exactly a year ago, as September 2018 wrapped up, it started the great correction of 2018. Whereby the market erased all of the gains it made for the whole year. Some would argue that the crash started in Dec 2018 with none other than President Trump himself officiating the opening ceremony with his famous tweet "I am a tariff man". However on hindsight, I personally believe that the 2018's great correction started at the end of September for the following reasons:
1. The October Effect - Whether you believe it or not, this psychological effect has many times spooked market investors over and over again.
2. Portfolio Re-balancing - Institutions would normally re-balance their books and portfolios
3. Global negative events - Trade War, yield curve inversion and economic slowdown
Fast forward to today, as we approach the last week of September 2019, our investment climate mirrors exactly the climate 1 year ago.
Technically speaking:
1. Market is testing it's all time high.
2. All time high also occurs near a Fibonacci Extension level of 76.4%
3. MACD indicator is starting to reverse from it's resistance where market reversed in the past. Moreover, we are starting to see divergence forming
4. The great correction of 2018 tested and reacted right above it's 200 period EMA. Now, the same 200 period EMA is also approaching a key Fibonacci Retracement level of 61.8% at around the 2590 region.
I explain in greater detail on my blog. Feel free to reach out to me!
thelaughingchartist.wordpress.com
Cheers.
Morning Ideas July 9 2019. Emini SP500 E-Micro SP500Now the pullback has begun as we are starting to accept some prices lower and the buyers were flushed out from the latest balance area.
I'm looking for a retest of 78 above, and below 62-60 area becomes the line in the sand for buyers.
If we fall though, I would expect us to drop pretty quickly towards the 40's.
Of course, this is barring any trade report news coming from Trump :)