IVV
Bitcoin Vs S&P500 Vs GoldSince market peak on Feb 14th, SP500 is down 26%, Bitcoin down 35%, and Gold up 3.6%
Interesting how everyone use to compare Bitcoin with Gold saying it was 'Safe haven'- clearly not!
S&P500 daily- reflecting south from 20-day MA and 38.2% Fib retrS&P500 daily- reflecting south from 20-day MA and 38.2% Fib retracement level.
Resistant levels - finding markets bottoms at priori modeResistant levels - finding markets bottoms at priori mode Finding markets bottoms - priori mode, important resistance levels signaled at red color in spx index and based on value line geometric line, ie, common stock performance...
S&P500 daily- Major Support around 2000-2050.S&P500- Back within Broadening wedge. Major support around 2000-2050. If this is breached convincingly, watch out below!!
S&P500- Weekly chart (200 period moving average). The 200 period moving average has been acting as support for a long while.
If this Coronavirus goes nuts, prices will slice right through it.
Number of days during 1 month when SPX index move more than 1 %Just for Stats ... Number of days during 1 month when SPX index move more than 1 %
S&P500- Testing overhead resistance. S&P500 back into its broadening wedge formation. Likely to stay there if it fails to convincingly breakout above its broadening wedge.
S&P500- attempting to Fib Retrace to 3060?Still a strong overall drowntrend regardless. SP500 is down over 11% at its peak in just over 7 trading days, and with all corrections (assuming it's that), takes an average of 4 months to hit bottom. If it is a bear market, than the average time to hitting bottom would be over well over 4 months.
Resistant levels - finding markets bottoms at priori modeFinding markets bottoms - priori mode, important resistance levels signaled at red color in spx index.
S&P 500 may re-test 3,000 level early next yearIt has a high chance that S&P 500 will re-test 3,000 level early next year based on the two fractals I posted earlier.
Keep your cash ready!
S&P500 - Daily chart hits temporary support.S&P500 - Daily chart hits temporary support.
Likely to be temporary support. The virus won't stop spreading anytime soon.
SPX Year forward earnings divided by average Moody bonds yieldsSPX Year-ahead forward consensus expected earnings divided by average of Moody’s Aaa and Baa bond yields comparison with SPX index, SPX based on this metric is at present time not expensive, but relatively cheap. Same chart as but different source of data.
SPX Year-ahead forward earnings divided by average Moody bonds SPX Year-ahead forward consensus expected earnings divided by average of Moody’s Aaa and Baa bond yields comparison with SPX index, SPX based on this metric is at present time not expensive, but relatively cheap.
SPX index and US treasury yields below Core CPI index analysisSPX index and US treasury yields below Core CPI index analysis
What if S&P 500 Index repeats 1968-1970 ? [ -35% DOWN ]I found an incredible matching fractals with both of percentage-wise measurements (up & down) and pattern similarity compared with the period of 1968-1970.
Expects -35% down side and a recession if this history repeats itself.
Prepare for the worst guys!
“History Does Not Repeat Itself, But It Rhymes.”
- Mark Twain
S&P500- If daily chart follows through with 1-2-3 trend reversal1-2-3 trend reversal completed, if the S&P500 daily chart breaks below red line (3215)
S&P500 daily chart- Bearish RSI divergenceS&P500 daily chart shows rising double peak, but corresponding falling RSI peak. Bearish.
S&P500 and effects of QE1-4S&P500 and effects of QE 1-4
Color coded. QE 1 through the present day QE 4.
Each Quantitative period in their own color band.
IVV - is where the end of SPX technical reboundLet's take a look on iShares IVV ETF that tracks SPX. Technical rebound is about the end. Decline is next.
