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Reversion

S&P 500 ---→ IN FOR A DEEP CORRECTION. MEAN REVERSION PENDING.S&P 500 IS IN FOR A DEEP CORRECTION. Monthly SPX Regression Channel, spanning 40 years, with bands of +4/-4 standard deviations. This is a long-term channel showing a Normal Distribution of SPX price occurrences. At least 95% of the price occurrences occurred within the Comfort Zone, the blue area between +2/-2 stdev as it should be. For 14 months (3.54% of the total bars) price has come out above the Comfort Zone, and even beyond +4 stdev. In an uptrend channel this type of action commands a Mean Reversion most of the time. Because this channel and its bands are dynamically calculated, the only alternative is for the price to stay out of the Comfort Zone until the channel adapts or accommodates (widens) to engulf the new prices, but in this case everything points to a MEAN REVERSION WITHIN THE NEXT 12 to 24 months. THEREFORE SPX IS GOING LOWER. Currently the Comfort Zone is between 3632 / 1818 Bear markets are not cleared up in a few days or weeks. They take time to unwind. Bear market rallies: Trade'm, but don't Trust'm We wrote an article about this channel on Feb-21-22
SP:SPXShort
by Point-Blank-Trading
$TGT incoming bounce on its way, another short covering rallyA big bounce is imminent on $TGT here in the next few days to weeks, the stock has declined significantly in a brief amount of time and is now showing inside candles representing balance, a push over 221 will take us screaming higher. Short covers bring the excess liquidity, strong numbers represented by Target this holiday season is a contributing factor why we will bounce here. Be patient, another big trade is coming. Jan 220/225 calls can work on confirmation candle.
NYSE:TGTLong
by PriceActionRules
BTC bitcoin may have one more downswingI believe it might go to 57k. but from where is harder to guage. could manage risk at the weekly H4. With optimal entry at H3 area The reason I believe it will go to 57k is because that is the new monthly central pivot point area. And over the last 4 years or more... only TWO months did not see price test the monthly pivots. However if the Weekly h4 is broken on a daily close. I think it may reverse to this point from around 67k instead. Be careful here reguardless of what you do
by Gunslinger2005
1
BTC..be careful herenotice the monthly pivot "next pivot" coming in at 37k. It is likely price tests the next monthly pivot. how likely? the last 54 of 56 (at least) monthly pivots have had price reversions to. it could come in at a higher point and retrace from higher with this last day of price action though. which could get bullish and raise it up. or it could get lowered. point being... no need to rush into a long position. wait for a proper retrace. using camarilla pivots and CPR
BITSTAMP:BTCUSD
by Gunslinger2005
2