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IWM

YOU need to see this now - THE DANGER LINEThis is a wave trend indicator on the S&P 500 index that is based on relative strength with straightforward oversold or overbought conditions. Relative strength is a measure of momentum where both speed (time) and magnitude (change) is measured and plotted with simple or weighted moving averages. What you are seeing above is a snapshot of a RSI/wave trend of the S&P 500 index based on monthly candles. Understand that it takes the measure of a month of time just to get a single plot of data and this particular snapshot represents over two decades. But right before your eyes are very clear trends. The data is just pure and simple math and math does not lie. Ignore the news. Follow price, volume, momentum.. just follow the data. I will try not to state my opinion too much.. and just follow the data. What I see on the chart is concerning. If this decline continues over the next month or two, momentum is going to accelerate and volatility go up while the market basically crashes... i.e. if the DANGER LINE is breached. I found it odd that volatility (VIX) has been quite docile considering the amount of downside we've seen in the indices this year. That is concerning. It is entirely possible that the September thru November monthly candles are positive and this trend finds support.. and the danger line is not breached. On the flipside, this decent can continue and really pick up speed and we see a 2000-2003 correction or 2007-2009. Here is an overlay snapshot with those corrections to similar scale. That is what could happen if the current trend continues.. we could see 12-24 months of recession and very steep drops and sharp bearish reversals. Be careful, manage risk, consider hedging certain positions, and know that you DO NOT know what is going to happen.
SP:SPX
by gghsusa
11
Market Breadth 2023-01-23The main focus is on setups and scan outcome, that will provide viable opportunities. Market Structure : Duration bearish market (stocks move in tandem, occasional oversold rallies). Primary Indicator : Green (bullish continuation and bearish reversals are favorable). Secondary Indicator : Breadth thrust 12 Jan / Countermove attempt 18 Jan. Current MMFI: 67.70. MR10 : Bullish Continuation - Midpoint. SPY (30 MBC) - QQQ (51 MBC) - IWM (35 MBC) 20 percent study : +27/-6. Conclusion : Bullish expansion and acceleration in last session, which seems to indicate continuation. Move is not considered at the start, neither overextended as presented from MMFI and MR10. Will run 9 million and combination scan with a positive expectation. In terms of DT will be considerate at 30-45 min of open and observe whether momentum will accelerate or not; due to intact market theme and selective gaps.
AMEX:SPY
by Trader-Shah
RUT @ the gate of "Havens", if rejected only "Hell" is the ALT !Golden Cross vs. Death Cross: An Overview Technical analysis involves the use of statistical analysis to make trading decisions. Technical analysts use a ton of data, often in the form of charts, to analyze stocks and markets. At times, the trend lines on these charts curve and cross in ways that form shapes, often given funny names like "cup with handle," "head and shoulders," and "double top." Technical traders learn to recognize these common patterns and what they might portend for the future performance of a stock or market. A golden cross and a death cross are exact opposites. A golden cross indicates a long-term bull market going forward, while a death cross signals a long-term bear market. Both refer to the solid confirmation of a long-term trend by the occurrence of a short-term moving average crossing over a major long-term moving average. KEY TAKEAWAYS A golden cross suggests a long-term bull market going forward, while a death cross suggests a long-term bear market. Either crossover is considered more significant when accompanied by high trading volume. Once the crossover occurs, the long-term moving average is considered a major support level (in the case of the golden cross) or resistance level (in the instance of the death cross) for the market from that point forward. Either cross may occur as a signal of a trend change, but they more frequently occur as a strong confirmation of a change in trend that has already taken place.
AMEX:IWM
by samitrading
The Schindler ratio | Recession Proof Company listAMEX:SPY The Schindler ratio measures the company's ability to withstand economic recessions. It is calculated by dividing the company's debt-to-GDP ratio by the median debt-to-GDP ratio for the industry in the intermediate future. The Schindler ratio is an essential metric for investors, as higher ratios indicate a more extraordinary ability for the company to withstand economic downturns. Studies have shown that companies with higher Schindler ratios tend to be more recession-proof than those with lower ratios. For example, in the aftermath of the Great Recession, Catlin Group, a UK-based insurer, had a Schindler ratio of 1.07, indicating that it was more likely to survive the recession than its competitors. The Schindler ratio can also be used to compare the relative recession-proofing of different industries. For example, in a recent study, economists found that the Schindler ratio for the insurance industry was 0.909, meaning that it was less recession-proof than the retail industry, which had a ratio of 0.879. Furthermore, the study found that the Schindler ratio was lower at the tenth quantile than at the median, indicating that the recession-proofing of the industry was more pronounced at the higher distribution levels. In conclusion, the Schindler ratio is a valuable metric for investors to consider when assessing a company's resilience in the face of an economic recession. Companies with higher Schindler ratios tend to be more recession-proof than those with lower ratios. The Schindler ratio can also be used to compare the relative recession-proofing of different industries. Here is list of the best recession-proof companies based on the ratio: Berkshire Hathaway JP Morgan Chase Apple Amazon Microsoft Google Johnson & Johnson Wells Fargo Procter & Gamble Wal Mart Visa ExxonMobil Bank of America Pfizer Chevron Comcast Intel UnitedHealth Group Coca-Cola Home Depot Merck Goldman Sachs CVS Health AT&T Walgreens McDonalds Oracle JPMorgan Chase Starbucks Lockheed Martin United Technologies American Express Boeing General Electric Abbott Laboratories IBM CitiGroup Honda Motor Honeywell International Lowe's Novartis 3M Honda
AMEX:SPY
by shkspr
$SPY / $SPX Head and Shoulders Pattern (H&S)?Looks to me that the $SPY could be in the process of forming a H&S Pattern on the weekly chart. I’ve drawn in 2 necklines which can also be called Lines of Resistance. For now, I have an alert set at the more aggressive downtrend line. However, it would not really confirm the pattern until it is decisively above the more traditional Neckline. I did another post regarding $SPY and stated that it would make a good case for the bottom is in if we can get over and stay over 410. (Link below). My posts are not meant to be trade recommendations. I may or may not take trades I post. If you use any of my ideas, please make them your own to fit with your trading plan(s).
AMEX:SPYLong
by jaxdog
4
Opening (IRA): IWM Feb/March 156/150 Short Put LadderComments: Added rungs in IWM on weakness, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit. I'm doing things a little differently than last year, where I basically sold the 45 DTE weeklies (assuming they were paying around 1% of the strike price in credit), but constantly had a lot of idle buying power, which is not the "maximal deployment" I was really shooting for, so am fiddling with doing things this way instead. Doing only two rungs here, since the <16 delta strike in January isn't paying 1%, and there isn't an April yet. February 17th 156 Short Put: 1.66 credit March 17th 150 Short Put: 1.77 credit
AMEX:IWMLong
by NaughtyPines
1
TRADE PLAN 01/06/2023 TP1> If we manage to Trade/Bid above MAIN POC 3863, we can go for 3830 > 3841 > 3862 (Range POC) > 3878 > 3913. >To the upside, the level I'm looking it right now is the 3860, that's the POC of those last 13 days, we need to trade/bid above so we can try to break the LIS 3913/3915, where BULLS are losing the battle. TP2> If we manage to Trade below MAIN POC 3830, we can visit 3826 > 3800 > 3787 > 3766. >To the downside, the level I'm looking is 3826 (RANGE VAL), as we are already trading below 3960 12 days POC, so once we confirm below 3824, we have to break lower to find strong sellers to push below 3800, where BEARS are losing the battle. * We are trading in this 100 points RANGE from 3800 to 3900 levels for the last 13 days or about 2 weeks, I would say that the market structure are balanced, looking for stronger BUYERS or SELLERS around the VALUE AREAS. Below is my previous comment from yesterday:. For now no direction in the markets, just range trades, we should break anytime soon out of this BOX, and I was hoping that today with FOMC minutes we could go search some new levels, out of balance, but... Mr Market had other plans, so for now lets trade the levels and see how it goes by Friday NFP. >As we didnt break the RANGE, now its a matter of one single REPORT, NFP by tomorrow 8:30am, there's only one way to make money tomorrow, and the way is to be IN ALREADY !! The movement will be soon, and the TRADE will make it or break it bt 8:30am and will set the tone for the following weeks for a BEARISH or BULLISH continuation. >I'm using $IWM PUT DEBIT SPREAD with 43DTE for my BEARISH BET, this is kind of a LOTTO PLAY, because the TRADE will be moving a lot in one direction, the advantage here is that if its a fake out UP, I have 43 days to manage and decide what to do with it... If you want to take a trade now, you would have to go with FUTURES, or FUTURES OPTIONS using GLOBEX . #tradesafe #sizekills #justonemoretrade
CME_MINI:ES1!
by IronMan_Trader
TRADE PLAN 01/05/2023TP1> If we manage to Trade/Bid above MAIN POC 3863, we can go for 3880 > 3913 > 3924 > 3943 > 3965 > 3979 > 3995. >To the upside, the level I'm looking it right now is the 3860, that's the POC of those last 12 days, we need to trade/bid above so we can try to break the LIS 3913/3915, where BULLS are losing the battle. TP2> If we manage to Trade below MAIN POC 3863, we can visit 3841 > 3824 > 3800 > 3787 > 3766 > 3728. >To the downside, the level I'm looking is 3824, as we are already trading below 3960 12 days POC, so once we confirm below 3824, we have to break lower to find strong sellers to push below 3800, where BEARS are losing the battle. * We are trading in this 100 points RANGE from 3800 to 3900 levels for the last 12 days or about 2 weeks, I would say that the market structure are balanced, looking for stronger BUYERS or SELLERS around the VALUE AREAS. For now no direction in the markets, just range trades, we should break anytime soon out of this BOX, and I was hoping that today with FOMC minutes we could go search some new levels, out of balance, but... Mr Market had other plans, so for now lets trade the levels and see how it goes by Friday NFP. #tradesafe #sizekills
CME_MINI:ES1!
by IronMan_Trader
2022 Yearly Recap - SPY QQQ DIA IWM DXY US02Y EFFR USIRYY Looking back over the last year (22'), as the saying goes "hindsight is 20-20". That said, here's the recap on the 22' market cycle against the backdrop of the Federal Reserve Interest Rate Hiking Cycle (one of the fastest on record) — while at the same time, we (investors) are all asking "What's next for 23'?" TOP SECTION DXY - Dollar Index ($104.51) 🔼 ✅ (Green Line) US02Y - U.S. 2yr Treasury (4.38%) 🔼 ✅ (Black Line) US10Y - U.S. 10yr Treasury (3.84%) 🔼 ✅ (Blue Line) EFFR - Effective Federal Funds Rate (4.33%) 🔼 ✅ (Orange Line) USIRYY - U.S. YoY Inflation Rate, Federal Reserve Target Rate = 2% (7.10%) 🔼 ✅ (Baseline = 2%, Red = Above Target, Green = Below Target) BOTTOM SECTION SPY - S&P 500 SPX ES1! (YTD 22', -19.92%) 🔽 🩸 QQQ - Nasdaq NQ (YTD 22', -33.95%) 🔽 🩸 DIA - Dow Jones Industrial Average DJIA (YTD 22': -8.77%) 🔽 🩸 IWM - Russell 2000 RUT (YTD 22': -22.57%)🔽 🩸 Prediction(s) these asset classes for 23'? Let me know your macro trade(s) in the comments below! 👇🏼 All Asset Class Chart Template 📊👇🏼 www.tradingview.com Index Chart Template w/ YTD Return Indicator 📊👇🏼 www.tradingview.com
TVC:DXY
by kylemusserco