Es1
DON'T PANIC - SPX USOIL BTCSo the rally appears to be over, Usoil holding up because bulls are expecting news this week on supply. Bitcoin has a new ETF BITI, might be handy in the coming weeks/years.
Arthur C. Clarke said Douglas Adams' use of "don't panic" was perhaps the best advice that could be given to humanity.
Using S&P to Identify RecessionInstead of waiting for NBER to officially declare the confirmation of recession, an alternative way to identify is using the U.S. indices quarterly chart, especially the S&P.
Typically, economists call a recession when GDP has declined for two consecutive quarters.
A committee at the National Bureau of Economic Research (NBER) is responsible for officially declaring when recessions start and end.
Why I favour S&P over Dow Jones and Nasdaq?
It has 500 companies from the largest to the smallest and from various industries. It is commonly use to benchmark for stock portfolio performance in America, a much wider and broader measurement. Whereas Nasdaq is Tech heavy and Dow Jones with too limited stocks of 30.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
ES1!6.28.22 ES1! : This is the second example today about spending your time and energy effectively. The ES Is a tradable market for buyers and sellers if you're ready to take the trade 'now". Even if you're not in the mood to trade, you still want to look at markets tradable right now. What are the scariest times to get in the markets when things have not been going well for you is to experience the stress of entering the market. It is very well known, and talked about is that many Traders avoid trade decisions through their charting because their actual plan doesn't involve an immediate trade decision.
SPX500 - Freaky Friday? - SPX, NQ, VIX, USOIL, BTCSPX 500 - It's hard to say what's going to happen today after open. There are some signs of a bull trap but also some signs that a continued rally for Friday and into next week will commence. I can't really tell, so I give evidence for both. Good luck
ES outlook for the openCan the ES break out above the 3844 resistance level and go for the 200 period moving average ? If it fails at the 3844 resistance than we should be finishing the downward momentum to the December 21,2021 low of 3594. That take out of the December of 2021 lows could spark a significant rally up to 4400.
Dow Jones Index (US30): What to Look At Before FOMC 📈
Multiple time frame analysis on US30.
Local bullish bias explained.
Forecast & thoughts.
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S&P500 Index (SPY) Oversold Market & Pullback 📈
SPY is currently approaching a peculiar zone of confluence:
we see a perfect match between a horizontal structure, harmonic pattern and a trend line.
Watch this video and learn what to expect from the index.
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Please, support my work with like, thank you!❤️