Investors panics to go on - DeMarkTom DeMark predicts US500 (and the entire lagging market) in its fall might fall below 2100 before the investors panics stops and the bear market reaches bottom. The market might fall to 2097, says Tom DeMark, within May or next 6 six weeks (said on March 23) - twitter.com
EURUSD - US500 positive lagging correlation 92.5% (by a few secs)
Top Absolute Correlation with US 500 on 4 hrs
1 US500 - US30 99.4%
2 US500 - GER30 97.6%
3 US500 - US2000 97.4%
4 US500 - USDHUF -95.2%
5 US500 - USDCHF -95.0%
6 US500 - EURHUF -94.6%
7 US500 - SPA35 94.3%
8 US500 - AUDUSD 93.7%
9 US500 - AUDSGD 93.4%
10 US500 - AUDNZD 92.8
11 EURUSD - US500 92.5%
Top Absolute Correlation on 60 min
1 US500 - US30 97.9%
2 US500 - VIX -94.9%
3 US500 - USDPLN -93.9%
4 US500 - JPN225 90.5%
5 US500 - XAGUSD 89.1%
6 US500 - USDCHF -89.0%
7 US500 - USDHUF -88.9%
8 US500 - EURPLN -87.9%
9 US500 - NAS100 87.3%
10 US500 - GBPSGD 87.1%
Top Absolute Correlation on 1 day
1 US500 - US30 99.9%
2 US500 - NAS100 99.0%
3 US500 - GER30 98.8%
4 US500 - UK100 98.7%
5 US500 - US2000 98.6%
6 US500 - HK50 98.4%
7 US500 - HK50.n 98.4%
8 US500 - SPA35 97.4%
9 US500 - AUDCHF 95.9%
10 US500 - NZDCHF 95.8%
SP
"Nasdaq: one up move more" by ThinkingAntsOk4H Chart Explanation:
- Price broke the Descending Channel and started a down move.
- It made a huge bounce from the Ascending Trendline.
- Now, it is above a Support Zone, trying to develop an ABC Corrective Structure.
- After that, price will move up towards the Pullback on the Descending Channel.
Weekly Vision:
Daily Vision:
SP 500 — EMA21 Breakout or Rejection?!Hello, today want to share with you SPX chart.
First of all, thanks everybody who liking and commenting ideas, I really like to spend time talking with you.
Now let's discuss the movement of US stock market.
I see price on daily chart reaching the EMA21.
I think we facing this resistance and market is heading to 2750 zone.
Why?
Because price opened and filled last gap on 2579.
But we have new gap on 2512.
Yes, this gap can be filled as well, if we going to see new wave of panic around the world.
Let's hope this won't happen.
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If you following somebody with good Risk/Reward and Win Ratio.
Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor.
Always use stop loss to prevent yourself from losses.
Make sure you understand and afford the risk. Please.
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Thank you for reading my thoughts, share your explanation about US stock market in comments.
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SP-500The number of investors has decreased over the past month,
Everything was classic they reported that a record number of brokerage accounts opened, people ran to the stock exchanges began to be interested in investments and of course, everything happens at the last moment.
Markets fell
I got these signals when people who had never experienced an investment started asking how to buy shares.
I track these signals very well - this entire process is explained by the logistics curve - the speed of information distribution
schedule
The US government has done much to stop this decline
- Stop exchanges
- Reducing the interest rate to zero
- The unlimited QE - an incentive program
I think the first wave is over and now I expect a local reversal.
The bottom is formed, the levels are held, the resistance line is broken.
And perhaps we will hold on to these pillars for another quarter or even go up.
This is despite the fact that the real sector, the real economy will be in a difficult position.
A large increase in business activity is possible.
Warehouse stocks are depleted, the population has lost a significant part of its purchasing power, but the US is now flooding everything with money and directly giving citizens money, only to those families who paid taxes.
For this reason, I expect a rebound in the real sector, but it will not belong,
because all the debt problems remained, the real estate market burst, and a wave of consumer bankruptcies.
There will be a short-term economic recovery, and then there will be another wave of decline
There have been no defaults in the world's economies yet.
We are witnesses to a changing economic system
Best Regards EXCAVO
More pain ahead for stocksIn my view, stocks are priming for their next leg down.
This one sends the SP500 to retest the recent lows. Maybe not immediately, but eventually I expect to see the price tough sub 2000 down to 1828.
If 1828 is the bottom, this would represent a 50% retracement and where I would enter the market.
However, don't use all your powder because 1459 and sub 1000 are also possible.
Less probable though.
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SP 500 Monthly TF AnalysisAt recent crash, SP500 index found it's first support and %10 bounced at Fibonacci 0.618 extension level of last decade. It wouldn't be much surprising if 1.618 level will try to hold with all that old price action area nearby and the purple potantial support. RSI still has a room to say oversold, check the green boxes at RSI. I'll be monitoring well dipped stocks besides tourism industry which is too early for me to rely on yet.
SPX S&P 500 INDEXSPX is squeezing between big increasing channel (green lines) and small falling trend (red line) as shown in the graph.
RSI is getting powerful.
After breaking the falling trend line, it can target upline of the increasing trend.
Also there is a possible cup formation which is being shaped.
It is just notes for myself. It is not investment advice.
3398 TO 3435 FOCUS 3410 TOP WAVE 5 OF 3 4.8 TO 7.3 DROP AHEAD TONIGHT WE JUST SAW 3398 HIT I STAND BY THE CYCLE AND PROJECTION THAT THE 3410 TARGET WINDOW IS A TOP AND THAT THE NEXT MOVE SHOULD BE A DROP BACK TO 3212 TO 3188 TO FORM A BIGGER WAVE 4 THEN WE SHOULD THE FINAL BULL MOVE TO 3596 TO 3610 TO MARK THE ASSETS REFLATION PHASE THIS TOP IS DUE JULY 10 TO SEPT 2 2020 MATCHING THE 1998 2000 RALLY AND THE 1966 TO 1968 AND 1972 TO 1973 FRACTAL ALL ARE THE MODEL I USED TO CALL A LOW TARGET 2334 LOW 2347 CASH FUTURES 2316 INTO THE 4 YEAR CYCLE LOW .BEST OF TRADES ! WAVETIMER
U.S Dollar Index Potential Long Move by ThinkingAntsOk4H CHART EXPLANATION:
Price in on a clear uptrend, and now it has broken the top of the Ascending Channel. This is a clear bullish signal, so, we consider it has potential to reach the Resistance Zone. Will look for a lower timeframe bullish opportunity.
DAILY CHART ANALYSIS:
VIX 8 DAY AND 11 DAY BUY SIGNAL MOVING LONG SP AND SOX THE AVG POP IN VIX OVER THE LAST FEW YEAR OUTSIDE OF SHORT VIX PANIC HAS BEEN A SIGNAL OF 8 TO 11 DAYS I TOLD ALL TO LOOK FOR A 19.72 AND SP OF 3218 TO MOVE LONG .I DID CANCEL THAT ORDER BUT SEE THAT IT IS CLEAR TO TAKE THE LONGSIDE OF SP SOX QQQ AND EVEN OIL AND COPPER FOR A POSITION TRADE LAST ONE WAS OCT CYCLE LOW THE SPIRALS FROM 2 YEARS BACK SEEM TO HAVE COME IN 4 TD EARLY SO I AM NOW MOVED TO A STRONG BUY NEXT PEAK ABOVE 3344 TO 3410 WATCH RSP TO TURN OR ADD IF IT SEE 111.9 BEST OF TRADES
WAVE 4 PULLBACK LOOK FOR 3410 NOW TO END RALLY Well my 200 week band model called for a top into 3332 to 3334 high 3337.77 this morning drop is now wave 4 from oct low and will now see a target of 3410 to 3408 to mark the cycle peak for the first quarter into feb 8 to 11 now /I have now moved to a 100% net long in premarket with the sp down 50 I will add a 10 % margin on this trade at 3228 area to 3222.BEST OF TRADES
"McDonalds: Top and Bottom Analysis" by ThinkingAntsOk4H Chart Explanation:
- Price is on an Ascending Channel.
- Price broke the Descending Trendline.
- Bearish CCI indicating a correction from here.
- After it, potential to move up towards the top of the Channel.
Weekly Vision:
Daily Vision:
Updates coming soon!
Weekly Analysis on AU200AUD / ASX 200 by ThinkingAntsOkUse this as a guide to develop your setup.
Main Items we can see on the Weekly Chart:
a)The price is against a significant reversal zone with the possibility of making a double top pattern.
b)At the same time, the price is inside an ascending channel since 2009 and currently is against the upper trendline.
c)If these two technical points work as resistance for the price, we expect a bearish movement towards the lower trendline of the ascending channel.
d)This Chart works with an analysis purpose only. If you want to develop a setup based on this, you should go to lower timeframes such as one day / 4hs and define your Entry filters there.
"Alcoa on a Weekly Timeframe" by ThinkingAntsOkWeekly Chart Explanation:
- Price was on a Descending Channel since April 18'.
- Price bounced on the Support Zone and broke it.
- Bullish Divergence on MACD.
- Price is on a Corrective Structure before starting its up move.
- If price breaks it, there is potential to move up towards the Resistances Zones.
Updates coming soon!