Full Send Incoming - Through The Van Allen Radiation Belt We Go!Put on your oxygen masks ladies and gentlemen. The U.S. stock market is about to go ballistic.
You all know from my daily chart, we nearly hit the target of my inverse head and shoulders pattern to the dollar. Target was 570. One of my recent posts indicated that I was selling half at 560, taking my profit, and parking it in cash. But now, I will take that cash and pack my bags again as the market is getting ready to blow minds.
Literally, everyone is predicting a market crash soon. And that may happen. But not before a rocket launch to the moon that will rip faces off.
Pack your bags and BTFD folks. Ticket sales will be on fire for this rocket ride.
Snp500long
Spy continues to near its target of 570 before U.S. electionsWith the dollar trending down and the VIX at low levels, we can then continue to expect the U.S. stock market to continue to rise. And, in fact, that is what we are witnessing as we close in on the blow-off top target of the Elliot Wave theory that has resonated with my instincts for these last 2 and a half years. We are currently in wave 5 and on our way to the target I have set of SPY 570-600. There is still time and I believe we will easily get there before U.S. election shenanigans begin to unfold (see my post on the VIX). Once you start to catch wind of anomalous election news events here in the U.S., know that we are near our top. For me, it will be time to pull out.
SPY with a Classic RestestTraders,
In my last post I alluded to SPY. I stated that it remained in breakout territory which is still true today. I stated that as long as we remain above 450, I remain bullish. Still true. In fact, all that has happened here is that we have a classic retest of previous resistance taking place currently. If we break below, another story may unfold and I will have to re-assess. But as of this post, 450 is holding strong and the retest (if it holds) is yet another rather bullish signal.
Stay tuned,
Stew
Bullish above last month HIGH Buy signal still valid SPX SPY SNPWith all the Doom & Gloom regarding recession worries we liked our idea even more so into Q1 close last month.
So far so good however we are still very early in Q2.
We remain bullish above last months high (March 2023)
Seeking Pips will be managing our positions on the Weekly and Daily charts.
We also note that the current price is also in a key Fib retracement zone to SELL SPX on the monthly chart so we will not be surprised to see another pullback, again we would consider adding to our core position if this happens and volatility is right.
Our Bull & Bear price level is clear and as long as we above it we want to be buyers only.
A failure of March 2023 Low we would have to revaluate our current thesis.
Happy trading have a GREAT WEEK.!
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HI EVERYONE!Cobra here!
Friday's report was quite neutral. The markets did not react much, but they closed with a fall. Let's take a brief look at the current situation:
The index is getting closer to its old GAP, which I wrote about a long time ago and said that it would be closed last. If there will be no additional bad news on the market, the gap will be closed, and then it can continue further downtrend. On Friday the dollar index DXY gave a good candle up, before the markets closed.
You can read next posts about crypto!
Get ready. The end of this correction is near, a key moment.Analysis of the spx 500 index 11/21/22 Today we are here to talk about the SPX 500 index.
And so let's see what happened to the index over the past day.
What's on the market now:
Today the index is trading at 3949. Yesterday, as I expected, we saw an attempt to increase the index at the market opening, i mentioned earlier. However, there were few volumes on the market and they were enough to maintain and stabilize the index. Thus, yesterday’s attempt to grow was not realized.
And so today the market will have another chance for the growth of the index. However, today in the morning the situation on the market is different than yesterday. Many market participants saw the weakness of the market and the hesitation of buyers. This will be a signal to experienced players to reduce their positions if the index fails to grow. This will cause the index to drop sharply.
What today:
Today at the opening of the market, rates are rising, the market is expected to be likely to move sharply. The index will have one last attempt to rise to the level of 4110-4150. However, if this attempt is broken, then we will see a sharp drop in the index to the level of 3860 and below.
What I recommend
If you want to go short:
Short positions are possible with a sharp move down. You can go short if the market goes down sharply, but limit your losses.
If you want to go long:
Long positions are possible with a sharp move up. You can go long if the market goes up sharply, but limit your losses.
If you are out of the market:
If you're out of the market. Then you need the perfect price to trade. Long positions are possible from 3860, limit your losses. If you want to open a short position, then it is better to do it from the level of 4110, 4250. Limit your losses.
Also remember to contact me in 2 or 3 days for further trading advice.
Subscribe to my channel and you will always be aware of the movement of the S&P 500 index .
Press Boost if you agree with the current market situation.
Thank you!
Bye!
Will the S&P continue it's technically predictable price action?No surprises over the last couple of weeks. S&P is moving exactly as anticipated hitting all targets precisely. Will it continue to preform as the charts are telling us it will? In my next weekly update video on Friday, I will discuss a bit on why I believe the S&P could hit 5000 and double top, before we drop and enter into an actual recession longer-term (next couple of years).
SPX 500 index analytics: Growth potential to 4100 remains. Analyst of the spx 500 index on 07/19/22 Today we are here to talk about the SPX 500 index
What's on the market now:
The index is trading at 3830. The market has been in a sideways correction for the last 2 weeks, but I think this stabilization will end in the near future.
In the last trading session, we saw a small correction of the last growth, which began on July 14th. I believe that the current correction will not be long and the upward movement will continue in the near future.
What I'm waiting for:
I maintain a positive view of the market and expect it to move towards the level of 4100. At the same time, my trading recommendations remain unchanged.
What I recommend:
If you want to go short:
Short positions are prohibited.
If you want to buy:
Market buys are possible, but limit your losses.
If you are not in the market:
If you want to buy, you can buy from the market, but limit your losses. The market is developing a steady upward movement, which I spoke about earlier. However, as we can see, not all market participants support the uptrend. But in the coming days it will be decided.
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Also remember to contact me in 2 or 3 days for further trading advice.
Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index.
See you next time!
Bye!
The growth of the index to 4050 is inevitable. Analyst of the spx 500 index on 07/07/22 Today we are here to talk about the SPX 500 index
What's on the market now:
The index is trading at 3873. In the last trading session, we saw the expected increase in the index that I mentioned earlier, here is a link to the idea. In today's trading session, I expect a move up to the level of 39 20. The struggle that has been going on in the market for the last week has been resolved and now the market is ready for an impulse movement.
Today we are waiting:
I expect the market to move towards the level of 3920.
What I recommend:
If you want to go short:
Short positions are prohibited.
If you want to buy:
Buying on the market is possible, limit your losses.
If you are not in the market:
If you want to buy, you can buy from the market, but limit your losses. The market is developing a steady upward movement, which I spoke about earlier, and I hope you had time to participate in it.
Like and subscribe, thanks!
Also remember to contact me in 2 or 3 days for further trading advice.
Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index.
See you next time!
Bye!
SXP500 Index: The day when the markets are ready to move. Analyst of the spx 500 index on 04/07/22, today we are here to talk about the SPX 500 index
What's on the market now:
The index is trading at 3825. In the last trading session, the market began to move up, but in essence the market has stabilized. Now market participants need to choose a general trend in the direction of which the new trend will develop. Currently, the market is at a point of equilibrium and is clearly waiting for new trading ideas.
I expect the market to move to the level of 4000 and above.
Today we are waiting:
In the current trading session, I expect the market to move towards the level of 3900. But if this trend is broken, then a sharp movement of the market to the level of 3650 is possible.
What I recommend:
If you want to go short:
Short positions are prohibited.
If you want to buy:
You can enter the market, but there remains the possibility of a sharp downward movement of the index.
If you are not in the market:
If you are out of the market. I recommend that you try to go short around 4125.
If you want to buy, you can buy from the market, but limit your losses. It is important to remember that if this new upward trend breaks, we will see a sharp drop in the index to the level of 3550 - 3480.
Like and subscribe, thanks!
Also remember to contact me in 2 or 3 days for further trading advice.
Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index.
See you next time!
Bye!
Upside target for ES is the 3880 levelLooking for higher prices on ES, the 3880 level is where I think price will draw up into. I will only be looking for longs going into today NY session. If we don't get it today then that will still be my target for next week unless we break below the swing low that was formed on Wednesday 3700 level.
SXP 500 index! - We're going sledding.Today we are here to talk about the SXP 500 index.
Today: The index is trading at 4001 and we saw price stabilization in the last trading session. And also we see the beginning of profit-taking from shorts. But today we expect a sharp move down.
What's on the market now:
Globally, the index goes to 3850. And I believe that it will be at this level around May 18-20.
What are we waiting for today:
Today, the market may try to stabilize the price and move it to the level of 40 90, but if this scenario is broken, then the movement to the level of 38 50 will continue.
What I recommend:
If you want to open short:
It is better to open short positions from the level of 4090, limit your losses.
If you want to buy:
Long positions are prohibited. A sharp price movement to 3850 is possible, limit your losses.
If you are currently out of the market:
You can go short above 4090 or wait for the market bottom at 3850.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Like it and subscribe, thanks!
See you next time.
SXP 500 index: SXP 500 index: Profit-taking from shorts today?Today we are here to talk about the SXP 500 index.
Today: The index is trading at 3991. In the last trading session, the market went down sharply, as we expected earlier, here is a link to the idea.
What's on the market now:
Globally, the index goes to 3850. And I expect it to be at that level around May 18-21.
What are we waiting for today:
Today we are waiting for an attempt to stabilize the price caused by profit-taking, its movement to the level of 40 80 - 41 00, and then we expect a sharp movement to the level of 3850.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 4080 - 4100, limit your losses.
If you want to buy:
Longs possible below 3850, limit your losses.
If you are in cache:
You can sell from 4100 or wait until the market bottoms around 3850-3780.
If you want to ask a question about an idea:
If you would like more information, please contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice.
Like and subscribe, thanks!
See you next time.
The Fed's decision makes adjustments but doesn't change plans.Today we are here to talk about the SXP 500 index.
Today: The index is trading at 4300. In the last trading session, we saw a sharp move up, due to the decision of the US Federal Reserve. Although I could imagine something like this. And yet it was very powerful. Link to idea below.
What's on the market now:
Now the market is experiencing growth caused by the decision of the Fed. And I think the peak of growth will be around 4350.
What are we waiting for today:
Today the price may rise to 43 35 on positive news from the FRS and continue its correction from there.
What I recommend:
If you want to open short:
Open short positions above 43 35, limit your losses.
If you want to buy:
From Long positions are possible with rollbacks 42 25, limit your losses.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Like it and subscribe, thanks!
See you next time.
Long SPXLong SPX at 4390
TP at 4600
SL (Not set in stone but a close below 4375 and I will walk away from this trade)
We have seen some bullish movement in SPX in the last few days as it has broken the downward trending channel. Yesterday, we saw a dive back to the 4390 lvl where I have entered this trade. The downward trending channel will now act as a support as well as the 4375 fibbo support level and I don't expect to see it close below this level.
Good luck - shout if you have any Q's :)
SXP500 Index: ready to U-turn Today we are here to talk about the SXP500 index.
Today: The index is trading at 4462. In the last trading session, we saw a sharp rise in prices to the level of 4485, which I mentioned earlier here is a link to the idea.
What's on the market now:
The market continues to develop lateral movement. Perhaps there is a good place to enter the market.
What are we waiting for today:
Today we are waiting for the market to try to rise above 44 85. And then the subsequent stabilization of the price to the level of 44 15.
What I recommend:
If you want to open short:
I recommend going short above 44 85, limit your risks
If you want to buy:
Long positions are possible below 44 15. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, please do not hesitate to contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time!
Bye!
S&P500 index: The green wind is still strong.Today we are here to talk about the S&P500 index.
Today: The index is trading at 45 43. And in the last trading session, we saw an increase in prices. However, we have not yet reached the peaks.
What's on the market now:
As I said earlier, there is a positive mood in the market globally. However, now the market is approaching the peak of its growth, but still has not reached. As the market approaches the top, it becomes clearer to me the purpose of the end of the increase.
Today I have allocated 2 levels for you where I think growth will end.
Earlier I said that the market goes to the area of 45 50 - 46 53. But today I only increased the top level. And now I recommend that you wait for prices around 4630
What are we waiting for today:
We are waiting for further movement to 4620 - 46 53. Perhaps a sharp gap at the opening.
What I recommend:
If you want to open short:
Now I recommend that you open shorts around 46 20 - 4653. But if you would like to avoid risk, short entry above 4630 seems to me the safest.
If you are now out of the market, then I also recommend that you stay out of the market for now and continue to watch, wait for the peak of 46 30 - 46 53. And open a short position there, while reasonably limiting your risks.
If you want to buy:
I strongly recommend not to open long positions yet because of the possibility of a sharp correction.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful, let me know in the comments below and don't forget to subscribe to my channel.
I'll be posting selected reviews every day, so check back tomorrow!
See you next time!
Bye!