S&P 500 | Cup & Handle Please support this idea with LIKE if you find it useful.
There is a Cup & Handle pattern. And currently price fixed above the 50 MA. In case there is a confirmed breakout of the Horizontal Resistance we can continue the growth.
Nevertheless be carefull with this asset
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Indexes
Oil Futures: $35 Target (Huge Coronavirus Investment Potential) Basic economics is the supply and demand curve. The United States is at war with other countries for catching up on oil supply, so the constant need for production even during pandemic times leads to a surplus. The demand curve for oil though is at one of its lowest, given we need to literally all stay home. This leads me to believe that the huge price crash was time related, and extremely indicative of a panic sale. Take what I am saying as an opinion and not face value (as always), but my advice is that there is huge potential for a positive correlation wave or bullish price increases after the demand curve stabilizes. This could be a week or two, or maybe even few month, but this is an extremely short futures trading strategy given you could conservatively potentially see a doubling in the futures price with medium risk. Again, just a hypothetical, but I would keep a close watch on oil futures and indexes. Please don't take what I say seriously or sound i.e. hypothetical risk disclosure, but this gives you something to think about.
AIRBUS (AIR) Two Scenarios Explained
hey guys,
airbus is consolidating on a key structure support level.
the price is stuck on 50 level for more that one month!
on 4H we see a classic contraction with a formation of a descending triangle.
the side of the breakout of the triangle will show us the future direction of the stock.
because the trend is bearish, we are bearish biased here and we expect further bearish continuation.
however, in case of a bearish breakout out profits will be relatively limited.
we will aim at 40 and this will be the next key structure.
in case of a bullish breakout of a falling trendline, we can expect a bullish continuation,
and aim at 76 level.
be prepared for both scenarios and adjust your trading plan accordingly!
good luck!
Dow Jones Industrial Index (DJI) MARKET OPEN ON FOCUS!
hey guys,
DJ reached a key structure on 3 days chart.
I watched closely the reaction of the market on that level and for now, we see a nice sequence of dodjies and rejection candles.
due to current market conditions, we are short biased here and will try to catch a movement to the downside.
on focus will be a trading range on 4H!
in case of the absence of the occasional gaps during the market opening, I will short the index with stop above the range,
and aiming at 22500, 21750 levels.
good luck!
if the market opens with a gap above 24000, setup will be invalid.
Straits Times Index (STI): Bullish Forecast
hey traders,
2550 is a major weekly structure level on STI.
just recently we saw its confirmed bullish breakout with a weekly candle close above that,
now the market is retesting the broken structure and I believe that bullish sentiment will proceed.
target levels are:
2700
2850
good luck!
S&P 500: Resistance not yet hitHello guys
The SPX is still moving upwards in a rising wedge. As pointed out already in my last idea, it is likely we are going to continue moving upwards and we may hit resistance at around 2950 to 3000 points.
As the smaller moving averages continue to rise I personally think the possibility of another huge drawdown is slowly decreasing. Even taking out the downtrend line on to a further high, the SPX still managed to break it and gain some distance after the apparent short term downwards trend. In the short term, the 0.5 and 0.618 as well as the 0 retracement are going to be areas of support, the 1000 MA on this 4h is probably going to be an area of resistance. For this week, my outlook on the S&P 500 is still rather bullish, even more than last week.
Keep in mind I am not making any comments about fundamentals.
Let me know what you think!
MASTERCARD (MA) BEARISH FORECAST
after a bullish breakout of the key weekly/daily level,
it looks like bears are still willing to push and the breakout might turn to be false.
look at this triple top pattern on 1h with two lower highs,
then break out of minor support and retest with a bearish reaction...
looks like stock will drop lower.
initial target is 230!
good luck!
DAX INDEX ON KEY LEVEL!
10300 - 10600 is a decision zone for DAX.
the reaction of the market participants will show us the future direction of the index.
I am short biased here and want to see some double top formation to sell aiming at 9550.
however, if you are on a bullish side you can wait for a bullish breakout of the underlined zone
and then buy on pullback expecting a further recovery.
pay attention and follow the market!
SPX500 INDEX (SPY) Short Trade Explained!
hey guys,
the previously discussed 2800 level is still respected by the index and for now, bulls are not able to go through.
on 1H I have noticed a completed head and shoulders formation.
the market is currently in an attempt to break below its neckline.
in case of 1H candle close below the underlined support we can sell the market expecting the continuation to lower levels of structure:
2636.0 - previous support
2536.0 - next support
stop will lie above the right shoulder - 2800.
in case of a bullish reaction from neckline and continuation above the head level our setup will be invalid.
SPX: Trump was elected at 2200Hi Guys,
long time since the last time. I hope you are all well and fine.
Let's dive into it!
March 23 - FED announced it would buy bonds in unlimited numbers and backstop direct loans to companies, the latest in a series of policy steps taken over the past 10 days to calm markets and support the economy.
(www.reuters.com)
SPX bounced at 2200 (red dotted line) which is the starting point of Trump's US Presidency.
Please click & play the following chart posted on Feb 29 (Sat) in order to review the informations and watch it unfold:
March 3 (Tue) - by cutting rates the FED managed to slow it down at 2950 but the effects of the emergency measures did not last long:(www.reuters.com)
March 9 (Mon) - market keep falling. Please click & play the following chart posted on March 6 (Fri) in order to review the informations and watch it unfold:
Just to note that the FED held 6 meetings in March to calm markets. (www.federalreserve.gov).
TECHNICAL:
- price below 200SMA (as in 2015/2016 and in 2018/2019) currently supported at 2200 (A);
- price pulling back from 2200 (A) in what may be a bear rally into 200SMA at approx 50% of Covid19 downtrend from (0 zero);
- VIX maybe on its way below 30 again;
Questions:
1) how long will it take for the market to cross and consolidate above 200SMA and resume Progress again?
2) what what kind of recession is the COVID-19 recession going to be? V-Shaped? L-Shaped? W-Shaped?
3) Is this a virus-related recession, or is it the one economists said was on the horizon?
For information iro The Flash Recession (2nd circle in red) please review the following chart posted on Apr.7, 2019:
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
S&P 500 | Broadening Wedge Tops & BottomsPlease support this idea with LIKE if you find it useful.
Price formed a Broadening Wedge Tops & Bottoms on Weekly. If there is a confirmed breakout of the Horizontal Resistance price is likely to continue forming the pattern and go to the Higher Boundary of the one.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
TOYOTA MOTOR CORP MAY KEEP GROWING!
two false breakouts of a major trendline with a higher low formation on Toyota!
it is a good bullish sign to consider and based on that I expect the stock to keep growing to higher levels.
the first key level is 7200
the second key level is 7800
have a great weekend!
SPX500 INDEX (SPY) May Retrace! Here is WHY:
hey guys,
spy almost reached 2800 level.
if you open a daily or weekly chart, you will notice that it is a strong historical resistance level.
moreover, on 4H we have a perfect match between the resistance of the rising wedge pattern and previously mentioned structure.
+take into consideration dodji formation and rsi divergence.
these factors make me think that during Thursday's and Friday's session the market may retrace to the support of the wedge.
Adjust you trading plan accordingly!
good luck!
RYANAIR (RYA) LONG TRADE BASED ON STRUCTURE
hey guys,
for a couple of weeks, Ryanair stocks are trading on a key structure support level.
now on 4H we clearly see reversal clues with a higher low formation.
pay attention to the minor resistance of a range on 4H chart and buy its breakout.
initial target will be 12.0,
then apply trailing stop!
good luck!
U.S DOLLAR INDEX (DXY) Important Moment!
Dollar index is back again within a major rising channel.
after two fake breakouts to the upside and to the downside, the greenback is approaching the channel's resistance.
usd has already proven its ability to easily break the boundaries, so this time might be the same.
pay attention to the reaction of the market:
in case of a bullish breakout, chances will be high that the current structure high - 103.0 level will be reached.
in case of a retracement, the support of the channel most likely will be reached.
good luck!
DXY | Going To Retest Horizontal ResistancePlease support this idea with LIKE if you find it useful.
Price retraced of the Support node (Mid line of the Ascending Channel, 50 MA dynamic support and Ichi Cloud support zone). We already passed the 100.20 horizontal resistance so we can go and retest the horizontal resistance, also the higher boundary of the Ascending Channel.
In case we break the horizontal resistance it will be more upside
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Critical view at world economyFinancial planners and news tooted alot of news in the last weeks, which are novel to anyone of us.
Not playing devils advocate here, one could generally assume planners would like to keep clients funds and news are overselling events emotionally, to create attention.
Taking a critical look might give clarity in troublesome times.
Ive developed two rather simplified scenarios, namely bull (green) and bear (red).
To be fair, each should be called bear, because its highly unlikely to see growth this year (sp and other index ratings seem to be slashed by analysts on the daily now).
Regarding to the bull scenario, we could likely bounce back into ema region.
pro
-goverments are finaly mobilizing accordingly (looking at you, trump, johnson)
-china seems to be getting back on track again
-effective medication might be available soon, who knows
The bear told me however, we cant comprehent real damage today
pro
-banks wont offer credits to small businesses as promised by governments (germany for example), because they dont want to risk credit default
-people underestimate dangers and stop preventing virus care, second huge outbreak
-fed , european central bank already blew their ammunition - more cash does not cure infections, unfortunatelly - they are not dry, but just creating more money is unreasonable- "bad" companies need to die one way or the other in captialistic systems
-ripple effect accumulated to sum of those events
-ripple scenario : people go full anarchy, recognising their real estate is dilluted, tax payers have to pay all this mess, over 11 years of bullrun flipped into massive wealth-burn (full bananas bear scenario, just a thought exercise)
keep in mind however:
-these are some of the best companies overall, technology and such, high margin, lowish maintenance - the rest will dump much harder
In case 1, I would really consider cashing out and reinvesting at a cheaper point in time, as a long term investor - we hopefully not reach bottom again, but recovery above the next high will take its time - lower overall bip is not priced in yet
In case 2 ? Idk, guns are pretty illegal in europe, so I rely on your opinion on how to survive this mess!
However Id have an eye on cryptos, gold and funding local business or such!
Trade save and keep diamond_handz!
SPX500 INDEX (SPY) LES'T SCALP US SESSION!
hey guys,
I bought spy from 2500!
reason - double bottom formation and breakout of a minor resistance!
entry based on the retest of the broken structure.
my target levels: 2562 / 2640
stop to breakeven after T1 is reached!
good luck!
please, support the idea with like and comment!
thank you!