SPX500 - O Crap! Are we in for the mother of all corrections?From a Elliott Wave Theory perspective it looks like the monthly S&P500 has completed 5 waves up - so the theory dictates we need to correct the 5 waves up with three waves down. The prior 4th wave low is usually the end of the retracement. However, retracements can go all the way back to the prior 2nd low !!!
Indextrading
#SP500,The declines to where?The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line
According to Stochastic and RSI, the declines have not yet come to an end.
Right now the SP500 is still very technically bullish
Our target will be above the 200 moving average line: $ 2686
The 2020 Election Bull run - The Scandal-mongers they were rightJust a little thesis I put together for what might spark the next bull run.
Interestingly leading into each presidential election since the GFC the markets have plateaued for 18 months. After the 2012 election it was QE3 that sparked a bull run & in 2016 it was Trumps bullish corporate policies.
Yes there has been other factors but now the big question to ask is "what could be the catalyst for a bullish market rally after the 2020 election"?. I propose that it could be the fact that the markets finally swallow the bitter pill, that being, interest rates are never going to normalize again. At this point in time I cant see anything other than this being the spark for the next upward run. The appetite for income could see sovereign wealth funds, governments, corporations buying up and cannibalizing everything. Margin debt is set to go off the richter. This could nearly be like a fire sale. Let me know what you think will be the next bull run catalyst - Cheers
#CAC40, The big landslide has begun?We are still a long way from getting the double top pattern confirmation but we have an interesting start here, just in case the CAC40 dropped below 5000 points so the trend change will be final.
RSI + Stochastic 2 These indicators indicate more room for declines.
Target: $ 5450
Can the S&P 500 grind higher?Basic analysis of the last two growth periods for the S&P 500 gives us an average headroom value before we can expect next pullback. As we are already through the low-end estimate of 4095 experienced during 2018, we look to the average value of 5471, giving us a price target of $3400 on the /ES. This has been a consensus call among many institutional equity traders since the beginning of the most recent trend in Sept/Oct. 2019.
ALSI - J203 WeeklyWe ended the week with price still within the bigger triangle, i have been trading the range.
- 200ma trending upwards
- Its likely that the top of the triangle will be tested
- Will look to price action to see if we gonna breakout or retrace to the bottom of the pattern.
- We currently in the middle of a hourly triangle.
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:J203
ALSI J203 - Building Shorts to target gaps below- Short trade has triggered
- Targeting the gaps below
- SL above HOD
J20 3
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
ALSI - J203- Important level for the ALSI to hold onto
- It will get nasty if we break below the low on volume
- tochastic oversold and turning up
ALSI - J203 (Monthly)- ALSI ended the month on a positive note.
- Markets are looking bullish and i expect the ALSI to follow.
- I will be focusing mainly on LONG setups when trading the index.
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
ALSI - LONG (DAILY)JSE:J203
After yesterday's wild ride (mid-term budget speech), price has arrived at the neckline of the setup i was looking at.
Click on the link to view
Markets are looking bullish but we still have Moody's release coming up which could throw a spanner in the works
for the JSE and ZAR.
I'm favouring long positions at the moment. Any pullback will allow for a better entry, first target will be the open gap
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
ALSI - JSE - LONG Idea- Inverted head & shoulders on the ALSi
- Needs to break the neckline and close to confirm (30min candles) JSE:J203
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
SP500 Short the resistance retest. Decent R/R ratio. Daily chartShorting this second resistance touch on SP500.
Reasons:
Second touch on resistance
Bearish RSI
Dropping bullish volume
Decent R/R
Strategy:
R/R = 2.81 or 4.23
Entry: around 3010
Stop: 3054
Target 1: 2888
Target 2: 2819
Please follow and smash the like button to support my work and see even more free TA :)
Trade safe friends!
TRADERSAI.com - A.I.POWERED S&P 500 MODEL TRADES for TUE 10/01Pivotal Month Ahead: For Today, New Month in-flows to Keep the Markets (Artificially) Up?
In the absence of any major drivers, markets are mainly driven by exogenous factors such as the quarter end window dressing (yesterday), and potentially beginning of the month inflows today.
As we wrote on Friday morning, the SPX is stuck in a range of 2945-2995, until something pushes it out meaningfully in either direction. In the meantime, expect directionless meandering within this range.
Read below for our models' trading plans for today.
tradersai.com
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #impeachment
TRADERSAI - A.I. POWERED MODEL TRADES for Today, MON 09/23Geopolitical Headlines or Economic Releases to Dominate this Week?
Expect a lot of headlines involving the United Nations, the unfolding Trump-Ukraine scandal, and key economic releases this week (Consumer Confidence, Advance Trade Balance, GDP number, Durable Goods, and PCE Core).
Which one of these could drive the markets which way is anybody's guess, but our models indicate a slow grind up rather than down unless some major negative headline hits the wires. Read below for our models' trading plans for today.
tradersai.com
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC, #UnitedNations
TRADERSAI - A.I. POWERED MODEL TRADES for Today, FRI 09/20No Bad News is Good News, For Now
With the Fed in the rear view mirror(?), the trade dispute rhetoric appearing to be cooling off (could change with one tweet, though), and the geopolitical headlines not portending the sky falling off...markets are sporting a buoyant bias this morning.
In the absence of major macro drivers and in the light of the weekly option expiration today, open interest around major options strikes and other market micro structure related factors likely to determine the market action today. Read below for our models' trading plans for today.
tradersai.com
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC
TRADERSAI - A.I. Powered Model Trades for THU 09/19 - RESULTSRESULTS of MODEL TRADING for THU 09/19
Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: Lead to +22.1 index points in gains on close out of the carried short from yesterday.
Aggressive, Intraday Models: Lead to +0.4 index points in gains on two long and one short trades.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
IMPORTANT NOTES (NOT your typical fine print, but IMPORTANT and MEANT to DRAW YOUR ATTENTION TO):
These plans and results are hypothetical and NOT an investment advice to buy or sell any specific securities but are intended to aid – as informational, educational, and research tools – in arriving at your own investment/trading decisions. Please read carefully and understand the full notes and disclosures included in the article.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC
TRADERSAI - A.I. POWERED MODEL TRADING for Today, THU 09/19Spike in Overnight Funding Rates an Anomaly or the Tip of the Iceberg?
The Fed has announced their operation in the overnight funding market today morning to arrest the spike in their rates - third time in as many days. The last time they had to do this was in 2008. Observers are scratching their heads to figure out just what might be going on - is this a temporary cash crunch or just the tip of something more ominous that is yet to surface?
For now - as of this morning - the equity futures markets seem to be not too concerned by it (or, by the increasing noise of the US-Saudi-Iran rhetoric). Unless these operations become more frequent, chances are that this would fade away; but, IF if it does repeat and raise concerns of potential spread to other markets, it could be a replay of 2008! While no need to panic right now, be alert to any further developments in this space. Read below for our models' trading plans for today.
tradersai.com
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC, #iceberg
TRADERSAI - A.I. Powered Model Trades for WED 09/18 - RESULTSResults of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: Lead to -4.4 index points in losses on one short trade. Open long – entered at 2989.9 at 3:10pm – is carried over with the 10-pt trailing stop anchored at 2997.8.
Aggressive, Intraday Models: Lead to +13.7 index points in gains on one long and one short trades.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
IMPORTANT NOTES (NOT your typical fine print, but IMPORTANT and MEANT to DRAW YOUR ATTENTION TO):
These plans and results are hypothetical and NOT an investment advice to buy or sell any specific securities but are intended to aid – as informational, educational, and research tools – in arriving at your own investment/trading decisions. Please read carefully and understand the full notes and disclosures included in the article.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC
TRADERSAI - A.I. POWERED MODEL TRADES for Today, WED 09/18Interest Rates and Powell to Trump Everything Else Today
The geopolitical scenario hasn't changed dramatically over the last couple of days, but the markets' focus will be entirely on the FOMC rate decision and outlook today. While the 25 basis point cut is almost a given, the outlook for future rate cuts is going to be the key that determines the market direction today, after 2pm EST.
While the outlook is anybody's guess, and is completely dynamic and dependent on many exogenous factors that even the Fed can not control or predict, pundits will be parsing every word Powell utters and does not utter, and the markets will be obsessed on the "outlook interpretation". Expect huge volatility and spikes in either direction surrounding the announcement, with only the daily close to give some small sense of the near term direction. Read below for our models' trading plans for today.
tradersai.com
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC
TRADERSAI - A.I. Powered Model Trades for TUE 09/17 - RESULTSResults of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: Open short - entered at 3016.0 on Thursday at 3:40pm - is closed out for +15.03 index points in gains.
Aggressive, Intraday Models: Lead to +0.2 index points in gains on five long and four short trades.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
IMPORTANT NOTES (NOT your typical fine print, but IMPORTANT and MEANT to DRAW YOUR ATTENTION TO):
These plans and results are hypothetical and NOT an investment advice to buy or sell any specific securities but are intended to aid – as informational, educational, and research tools – in arriving at your own investment/trading decisions. Please read carefully and understand the full notes and disclosures included in the article.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #results, #outcomes, #china, #tradewar, #tariffs, #recession, #yields, #oil, #saudi, #iran, #Fed, #FOMC