Equites
S&P 500 PTS What’s going on? This is Jordan with Conquer Trading & Investing providing simply the very best education and analysis on the internet. Here is the full analysis and outlook for this pair.
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S&P/ASX 200 Possible Bullish MovementHigher timeframe charts show the momentum supporting for the uptrend and overall market seems for now bullish. Stock markets doing well around globally at the starting day of the week. This might be something to do with cheaper fiat currencies around the globe making it easier to spend cash on buying stocks.
Dow strong buy! 4hr divergenceThe dow looks good for a bit of a pump up after all the selling. RSI and MACDH both showing nice divergence.
S&P [1-3 months view]S&P analysis: Where do we go from here?
Despite the fund injection and emergency rate cut coming from the Fed to hold up the markets, the markets did exactly the opposite and fell lower over the course of last week.
This is what I see for now:
- If we have really completed a 5-wave impulsive EW movement up, then we are due for a 3-wave (a-b-c) corrective EW wave down.
- The current drop that we see looks like a very strong a-wave. And what we can expect next is for price to do a b-wave bounce.
- What this then means is that traders/investors should then expect a c-wave down to complete the 3-wave corrective move.
- The EW structure that I pointed out was also confirmed with Fibonacci extensions and retracement ratios. (However I personally really put the supports/resistances at graphical levels because for me, price is king.
What should we do?
- Traders/Investors should take advantage of the b-wave to cut their losing positions or to lighten their portofolio load. And to better protect themselves for the c-wave down.
It is has finally comeIt is a sad title, how true overdue correction is now a reality. We have peaked already back in October 2018 with the run we saw into end 2018 and early 2019 being part of an irregular flat. A pattern that kept me on the edge, as we are clearly out of energy but market was still rising. Until pattern was confirmed as a three wave structure setting the “b” label in. Should be looking at this scenario, as depicted in the graph. The good news if such pattern, it might be a quick kill in a “c” wave, followed by a rebound by end 2020/early 2021.
Framing Your Chart Key to Understanding Behaviour - AMT exampleIn this video tutorial, I discuss how institutional traders and investors, "Frame a Chart"
Using AMT stock as an example working through multiple time frames and plotting channels and Linear Support & Resistance zones. Then using our Elliott Wave Indicator Suite to understand the behaviour of the current trend.
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When Is The Next Stock Market Crash?First of all, I have zero financial knowledge. I am not educated and finance is not my profession. I barely understand your language. I'm only a technical guy.
Looking at charts, I have predicted some possible targets of the next stock market crash. The worst scenario begins around $2600's. Hopefully this never happens. Maybe there's only 1% probability or maybe less. According to my analysis, S&P 500 is more likely going back $2600 any time sooner. And i think AMZN will crash more than 50%
Not all my predictions are accurate. Nobody is 100% accurate. But, what if I'm right? Are you ready for that?
Here are my targets
S&P current price: $3103 / 04-Dec-19
1. 3090 - Already hit and please ignore this
2. 3045 - 1.87% / 01-Nov-19
3. 2925 - 5.73% / 10-Oct-19
4. 2845 - 8.30 / 26-Aug-19
5. 2670 - 13.95% / 30-Jan-19
6. 960 - 69.0% / 23-Jul-09
Disclaimer: This is not financial or investment advice.
Trade safe,
Atilla Yurtseven
LOREAL (OR): Decision Point & Potential Drop
those the trend is clearly bullish,
the price is standing on a very important level:
we see a perfect match between strong horizontal support and support of a rising channel.
though, for now it looks bullish,
in case of a bearish breakout, it will be a perfect signal for us to short the market.
target levels are based on structure:
245
230
stop will be 265
Straits Times Index (STI): Important Update
hey traders,
instead of breaking above 3280 structure resistance the market has respected it
and, moreover, set a lower high.
after a lower high formation, the market has dropped below a support line of a flag pattern.
the breakout is considered to be confirmed and our bias switches from bullish to bearish.
from the current perspective, I will expect bearish continuation to 3120 / 3050 / 2980 levels.
protect your profits based on these levels.
good luck!
US30 / DOWUSD / Dow Jones -- 1H short -- on minor pullbackCURRENCYCOM:US30
price = 28810
TP 1 = 27000
TP 2 = 25000
SL = 29100
1. see important trendlines drawn
2. see price action around Ichimoku Cloud on 1H timeframe
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MCDONALDS (MCD) On Its Way To Market High
Very positive forecast for Mcdonalds!
yesterday the market has retested a broken resistance that turned to support.
after that, we see a very strong bullish reaction!
for us, it signifies that most likely in the nearest future the market will reach the current high.
the initial target is 214
the second target is 220
SPX 19'/20'Taking a look at risk trends, not much has changed in terms of standings. However, lack of conviction in the equity markets is very high right now. Many of the bears from the last retest of the 2800$ floor from the last 2 months are gone, wiped out with every consecutively green daily candle. However, the most insecure traders right now are the bulls, constantly being forced to recalculate and review the actual value in these underlying assets. There is statistically much less potential for continuation however an enormous amplitude in loss if things begin to deteriorate from here.
This is a decade long run, with more than half of this simply being conviction in itself. However, we're coming to the end it seems, as the amount of volatility has increased with more downside potential ever so increasing. The DOW, NASDAQ & SPX are all patterns that are prominent. After 6 weeks of upside price action, the 5 day ranges are becoming more and more interesting to qualify as the "most hated bull-market".
Looking at VEU rest of world equities, you have the positive performance and congestion however the ability to achieve new all time high isn't here. When you compare this to the DEU30, EEM, it's obvious that the help isn't coming out of the U.S. market.
EUR/JPY or AUD/JPY further shows both the insecurity and lack of confidence in the market right now.
ORBEX: DOW JONES - Successful Correction Looking BullishDJ could move higher to complete primary wave 3 near 29670, completing the intermediate 5-wave move starting at 21753.
The current structure suggests that we are minor wave 3 of the intermediate wave 3. In the sorter degrees, we have completed minute waves 1 and 2 and currently are ready to correct perhaps with a minuette a,b,c wave. That would then allow prices to potentially extend higher for minute wave 3 near 27769, and then 28962.
A successful correction could get prices pushed up for the continuation of the bullish pattern. A failure, however, could be the beginning of a deep that could form a fresh intermediate wave 2 low.
Look for a valid break above 27396 but also focus on whether a bearish breakout is valid should it occur.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.