S&p500short
Bearish for CAD/JPYGoing short in this pair. Shorts are still viable at this time. The pair looks very negative. As well JPY has been the strongest performer.
Possible S&P500 ShortPossible Short entry if price closes below and holds trend line. Looking to see a death cross form. Although it is far too early to tell.
SPX500 SHORTMany prominent economists think that SPX500 will fall down to around 1800 and will go back to 2000 at the end of the year.
The resistance line that has been in place middle of last year was retested again at the beginning of April, unsuccessfully. 1HR Fibonacci shows downward trend, SPX500 hit 0.7 level and started falling. RSI for almost all time frames is above 50%.
Test of structure at 1998.6 and if it breaks it (highly likely) it should fall down to 1821.4, another structure.
Also, there is a 'head and shoulders' pattern in 1HR chart with right shoulder indicating crash.
ES - Hell Of A Symmetry, pointing to the downside...Look at this chart and see the symmetry...
...kinda mystic to me.
So, what to do here?
Observe!
P!
mytradingcoach.teachable.com
ES S&P 500 - MADE attraction?See comment in the chart, why i'm in danger eating my one foot! §8-)
P!
mytradingcoach.teachable.com
Analysis by Fourier Series from S&P 500 IndexI am test the analysis of Fourier Series in S&P 500 Index some times I have very good results in forecast. The prediction at future is short in time and It´s bad predictor when there ispolitic effect on markets. I fixed two model, exponencial with tend to up and damped:
SPX - Symmetrie Like In The ESOn a monthly basis, this looks also very obvious.
What's the job?...Observe...
P!
mytradingcoach.teachable.com
Unusual S&P 500 volume activity every quarter.short S&P 500. i dont know why there is so much volume activity during the third week of each quarter. maybe reacting to the quarterly reports?
S&P 500 - Bearish Butterfly DevelopmentPrice on the daily has respected the 78.6% Fib Zone of a Bearish Butterfly Structure.
We are currently looking to develop the B-C Wave.
Price action of S&P500 is bearish and is losing steam and strength for further upside as in monthly chart too.
S&P 500 - Bearish Crab CompletedS&P 500 is looking for a steep down movement in coming weeks.
We had a nice bearish crab formed, reaching and respecting every levels of it.
Possibility of a drop between 1400 - 1700 Zone.
SPX in the key areaSPX enters the key area for its nearest future as the price came up to 0.764 fib ret of the last downward move and the 1.618 extension of the AB leg in the potential structure pattern. Look for the signs of weakness on 1H chart (divergence on RSI or price channel breakout) it may be goog risk reward short trade with stops above 2120 and potential targets 1945-1920. Market is significantly overbought on the daily RSI(7).
S&P forcastThis is for my frd in Canada. He want me to do forecast on S&P. So yeah , hope this assumption will help him.
Kiss of death? S&P500In 2008 we had very similar case. S&P500 tagged twice (double bottom) at the weekly 200MA. That lead to a furious rally towards the weekly 50MA. What happened after that... Well you all know.
Repeat after me :"This is not 2008, This is not 2008, This is not 2008, This is not 2008, ...."
I recommend looking the related idea also.
SPX March 11th and forward, long term edition. This is a longer term idea based off charting done from 2008 until now, and where we expect to go from here.
For this interested, earlier today I did a shorter term outlook using daily candles, for those interested the link is: , or you can find it in my profile. Feedback and constructive criticism is always appreciated, happy trading!
S&P 500 Sell IdeaWhile last top at 2007 holds, pressure remains with the bears. 15M Shows us the bottom TL is broken. Sell the retest of last support and trendline zone.
SL 1 point above last high.
Target
T1 1965
T2 1910
T3 1800
