SPY will hit 405 area before major correctionI strongly believe SPY is in an overbought area, I think we will see it hit 405 area before doing a major correction down to 350 area
Sp1
SP-500The market is very overheated. In the last few months, we have seen a very large number of IPOs. For the next month, I don't see any worthy IPOs. I observe a pattern. When the last time this happened, the market corrected.
The printing press works. There is a lot of money. This correction will be bought, especially promising stocks. I will write about them in the next post.
The market needs some pause(rest).
I communicate with many traders and most of them have such problems:
- they sold early;
- they are all in fiat and it looks like a loss.
FOMO (missed opportunity) effect. If we talk about the long-term perspective, you need to buy out the correction, and not enter the market at the top.
Most likely this correction is in the short-term. Cryptocurrencies will also fall, but Bitcoin will recover faster.
Causes:
1.the last year, a large number of Bitcoins were withdrawn from the exchanges - exchange's order books is weak;
2. many funds and public companies want to buy Bitcoin and now have the FOMO effect;
3. BTC supply has decreased.
Do not use leverage, take care of your deposit, and be ready to buy a correction
Best regards EXCAVO
ES1! E-Mini 2/3 Morning UpdateMost of the heavily weighted earnings for this week is behind us, markets rally yesterday is starting to see some cool off this morning, as seen by the consolidation/accumulation area we're in. This could be either because of anticipation for the economic news later this week, or buyers of been exhausted from yesterday's rally. Mainly bearish today. Starting to see some bearish indication from weakness in price movement, volume, and indicators.
Short
Lower price level marked, with a target on yesterdays low areas
Long
break of last weeks high, following with a stop loss
SXP < Emerging Markets Emerging Markets has been overtaking the US market for the last month.
Typically, when emerging markets are active, commodities begin to grow.
Emerging Markets Chart
Emerging Markets ETF
www.ishares.com
China
Best regards EXCAVO
S&P 500 new highs... New wave. LongS&P 500 new highs... New wave. Long here. Chart self-explanatory. Expect the unexpected. New highs comes new demand and with a new president that Main Street likes.
Long here
S&P 500 : BULLISH FLAG PATTERN ON H4 TIMEFRAME R/R 1.4% 🔔Welcome back Traders, Investors and Community!
Analysis of #S&P 500
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Strategy: Bullish Flag pattern with R/R 1.4 - We will be waiting for all the confirmations to enter in this trade.
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Get ready for an ATH.... you heard hereGet ready for an ATH.... you heard here
Long S&P 500 for a bounce, this will break all time highs. No volume on the sells which means more shake up north. Vehicle sales are crazy on December. Same thing that happened during summer. Rinse an Repeat of summer but winter
Market Dip confirmed!Market Dip confirmed! As always the market makes it's typical 2-3 day sell-off that every retailer short or weak long sells out and market responds with a rise premarket. This has been a play that market has done over and over as it's the least cost to it and it's rewarding the least holders in this case longs. I expect us to test S&P 500 ATH soon and past it a good 3-5% above the previous ATH.
Long /ES futures before market opens
TSLA same ol sameTSLA same ol same. Exposition news should be an indicator of what the "market" is trying to make you do... aka sell or short it. In this case as we all know this game is all pscyhology. When you see news like that on dips that means we're about to launch and the market wants to ensure the least amount of open longs.
Long here baby. As always every dip bought.
S&P500 Index (SPY): More FED Printing
S&P500 is trading within a strong confluence area based on a daily/4h structure.
on hourly chart, the price has formed an ascending triangle formation and has just closed above its minor resistance.
let's follow the trend and try to catch a bullish continuation.
goals:
3608
3655
Long Market hereGive how everyone is selling out pre market and it's holding up. I bet you it'll rise with ease because of the fact that there's not as many long positions. AKA low risk to MM
I'm longing based on this and also the shifting indicator on 4H short to a bounce
S&P-500The situation with SP-500 is very similar to the situation in 2008. After the strongest correction had happened.
We had updated the new peaks, and only after that, the index began its falling.
Best regards EXCAVO
Pre-election Move. Should rise to the top. S&P 500Pre-election Move. Should rise to the top. S&P 500.
Dollar crash to follow. Stay tuned... separate idea on continuation and the speed of rise for ETH and BTC as well
What I'm seeing on going long SPY before US electionsWhat I'm seeing on going long SPY before US elections. Market does not want to sell.
S&P and Nasdaq exhibiting the ratio of doomBoth are showing the 0.88 ratio (Inverse 1.13).
This 1.13/0.88 is the ratio heralding a reversal,
LONG SPY ---- We goin gup!LONG SPY ---- We goin gup! Chart self explanatory. Going with the trend. Long here
Long to ATHBeen right on my last idea (feel freee to check)
this one is simple, this is going to go on pure momentum and the very fact SPY P/C ratio has increased a bit on Thursday/Friday.
S&P500,broke Channel & below Support, will start deep correctionPlease Support this Idea with LIKE if it is Useful....
S&P500
The price is below Support/resistance structure & price also broke below the upward trending channel,currently the price is in correction mode, If price shows rejection from the fib levels I expect the price to continue lower and start a deep correction..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on Daily timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
SP-500Break out resistance of falling wedge and forming invert head and shoulders pattern
Best regards EXCAVO
Dow Jones Industrial Average (US30) Bearish Continuation!
US30 has recently reached important zone of confluence:
27500 structure is based on a daily horizontal resistance and a rising major trend line.
the price formed a double top formation and went rejected on that structure
and during the US session, minor support of the double top went broken.
now bearish continuation is highly probable.
goals
27014
26800
