Sp500future
S&P500 going to correct the downtrend(short term trade)We can see a clear divergence on SPX chart, and wolfe wave pattern on S&P 500 futures chart.
We can open a short term Long position with ±2700 first target.
Pay attention it is only a short term corrective wave of the downtrend.
I will update this trade idea.
Good luck!
p.s. I attached my previous ideas
V1:W2_S&P500_Levels of Interest_Great trades await us.The daily chart is telling us two things. Things or getting ready to get nasty or we are getting ready to recover. We will know after tomorrows action but until then direction is at the mercy of the market. Daily chart shows an immediate need for caution on the bull side. Our 14 and 50 EMAs have rolled over indicating we are due for a couple week of sideways action before this pullback corrects itself. Not to mention our RSI is steadily under 50.
As noted early last week and respected, the bottom found around 2705 put in is very strong. Buys should be considered but you must be prepared for a deeper pullback. Keep stops tight and let it play out. There is big money ready to buy those lows, I suspect we don't stay down there long but you can never be sure. Until the lows are tested I will be shorting into strength for there is zero reasons to hold longs right now based on the chart.
I've trained my eyes to watch for 30 min trend changes around pivotal institutional times like, 9:30, 11AM, 12:30 and 2 PM Eastern.Sundays overnight session was a perfect example of how overnight sessions tend to drift in the opposite direction of institutional flow once the flood gates hit at 9:30.
Currently my plan consists of buying the low into one of those major reversal times listed above or shorting the high into one of those times given indicators and conditions are ideal.
Trade well! Updates will be posted end of day along with PnL.
If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated! Disclaimer: Your data may be different. Material is educational only. Trade at your own risk!
Sp 500 at a Crossroad!Since Trump Election 11-16 SP500 has settled below 200 SMA only one other time on 4/2/18 and only for a day. Yesterday the SP500 closed at (2728.37) below the 200 SMA (2765.75)
A close below signals a lack of buyers at discount levels and a bear market is born.
A close above and new all time high could happen in short order.
Mid Term elections here we come!
Place your bets accordingly.
S&P 500 Index Long term OutlookThis index could still run a few miles ahead even though there is a tremendous technological valuation that needs correction.
A lot of things can change in 10 years, whether you like it or not Trump has a lot of power and influence on the USA and world economy for the next decade.
This projection is based on the fractal nature of market cycles.
SP500 target 2920-2940, then correction, then Santa ClausTriangle wave IV recently completed and current leading diagonal primary wave 1 nearing completion. The diagonal should have 3-3-3-3-3 structure, and it appears to be about to finish the last leg this week or next; maybe right after Labor Day. Primary wave 2 could be a significant correction, setting up a nice Santa Claus rally in November. We'll see.
Cheers -
S&P500 bounced up from Mirror levelExchange rate bounced from 2872.62 it is puwerfull buy signal.
Also, Long - term trend is bullish and news about US economy is briliant.
I recomment to open a Long near: 2878.30
S/L: 2853.88
T/P: 2951.17
CCL - Candle created level
CAP - Candle Approved level
FB - Fake broke
P - potential profit in 3 times bigger
P.S. Push like and subscribe if you want to get more my free signals and market overview.
S&P500 Entering Our Buying Areas Soon?Hello Traders,
S&P500 Elliott wave view suggests that the pullback to $2803.34 low ended red wave 2. Up from there, the rally higher to $2917.50 high ended black wave ((i)). The internals of that rally higher unfolded as impulse structure with the sub-division of 5 waves structure in it’s each leg higher i.e blue wave (i), (iii) & (v).
Up from $2803.34 low, the initial rally to $2874 high ended blue degree wave (i) in 5 waves structure. Down from there, the 3 waves pullback to $2846.25 low ended blue wave (ii). A rally higher from there ended blue wave (iii) in another 5 waves structure at $2906.25 high. Below from there, a pullback to $2894.25 low ended blue wave (iv). Then finally a rally to $2917.50 high ended blue wave (v) & also completed black wave ((i)).
Currently, the instrument is doing a black wave ((ii)) pullback against $2803.34 low in 3, 7 or 11 swings before further upside is seen. Near-term focus remains towards $2852.74-2843.31, which is 100%-161.8% Fibonacci extension area of blue wave (w)-(x) to end the short-term correction.
The Index should find buyers from there looking for another extension higher or for minimum 3 waves reaction higher.
Targets hit. Channel Up intact. Long term buy.TP = 2,889.25 and 2,910 both hit as the 4H Channel Up (RSI = 56.683, MACD = 5.780) made a new Higher High at 2,917.50. Having now formed a new Higher Low at 2,891.75 (Highs/Lows = 0), the index is ready to reach our final TP of this weekly bullish leg = 2,930. This upside move is further strengthened by the 1D Channel Up (RSI = 66.763, MACD = 25.330, Highs/Lows = 14.9107, B/BP = 32.9300) that is aiming for a Higher High at 2,947.75 while the 1W Channel Up maxes out at 2,966.75 (both cases will lead to a correction). In case they pull back earlier to form a Higher Low, we will use 2,878 and 2,850 as additional buy entries.
S&P500: Extending Higher As An ImpulseHello Traders,
S&P500 short-term Elliott wave view suggests that the decline to $2803.34 low ended red wave 4 pullback. The internals of that pullback unfolded as Elliott wave zigzag correction. The lesser degree black wave ((a)) ended in 5 waves at $2820.5 low. Then the bounce to $2843.50 high ended black wave ((b)) bounce as a Flat correction. Down from there, the index completed the black wave ((c)) in another 5 waves at $2803.34 low.
Up from there, the rally higher is taking place as impulse structure with lesser degree cycles showing sub-division of 5 waves structure in each leg higher. It’s also important to note here that index is already into new all-time highs & both the sequence & right side tags are calling index for more upside. Above from $2803.34 low, the black wave ((i)) ended in lesser degree 5 waves structure at $2874 high. The pullback to $2846.25 low ended black wave ((ii)). A rally from there unfolding in another 5 waves structure within black wave ((iii)) with lesser degree cycles in blue wave (i), (iii) & (v) expected to unfold in 5 waves structure. We don’t like selling the index and expect buyers to appear in 3-7 or 11 swings against $2803.34 low in the first degree.
#SPX Correction in Process - When Will it Move Higher Again?Hi everyone,
so SPX has been performing like I forecasted. Have a look at the last analysis: Now the index is nearing its all-time high. And in my opinion, it is just a matter of time when it takes out the all-time high.
However, having a look at the index now, it can be the case that the SPX can do a correction lower in the next week or 2 before extending higher again. So I am expecting the next week the index to extend lower.
I have drawn you again 2 possible scenarios in the chart which I will be monitoring through the next week. Lets see. I wish you a nice and relaxed weekend.
Cheers and trade with care
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
SP500 at end of growth? huge collapse to come? Long term vision When I fit the chart in the Fibonacci sequence, I conclude that it exactly fits in the sequence as how I show it here and as how my experience has learned me that charts behave concerning the Fibonacci sequence.
- The price went up from '0' to 700 points between 1980 and 1996 = Fibonacci 0% to 78,6%
- Than the price went further to 1200 points between 1996 and 2012 = Fibonacci 78,6% to 61,8%
- The growth continues further to 1600 points between 2012 and 2013 = Fibonacci 61,8% to 50%
- The growth continues further to 1900 points between 2013 and 2014 = Fibonacci 50% to 38,2%
- The growth continues further to 2300 points between 2014 and 2017 = Fibonacci 38,2% to 23,6%
- And the price broke 23,6% so it will continue rising till the sequence has ended!! and that is 3000 points!
> What will happen when 3000 points is reached? There are two options:
1: The price keeps on rising. Than potential = 4800 points !
2: The price collabs and retraces. Than potential = to fall back to 2300 / 1900 / 1600 / 1200 / 700
TARGET 1 NOW: 3000 points and take profit. So, short- term is LONG!
THAN WAIT
THAN MAKE A NEW PLAN: LONG OR SHORT for the long- term
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
SP500 Long target 1: 2940 and target 2: 3056. Bullish from 2880February 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's August so the horizontal line is longer than expected but as you can see the grey squares were set like they are already at the beginning of this year. Exactly now in the corner of the grey square, the chart is starting to climb! STILL BULLISH!
So, I still expect a long to more than 3000 points, when the price passes 2.880,00.
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Interesting coins, which I am looking to buy:
- EOS
- QASH
- Bitcoin-Gold
Do you have some good tips for crypto coins? let me know!
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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Fibonacci pattern
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account to be informed about what I do.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
In relation to previous upload here the details SP500 longFebruary 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's August so the horizontal line is longer than expected but as you can see the grey squares where set like they are already at the beginning of this year. Exactly now in the corner of the grey square, the chart is starting to climb! STILL BULLISH!
So, I still expect a long to 3000 points, when the price passes 2880.
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Interesting coins, which I am looking to buy:
- EOS
- QASH
- Bitcoin-Gold
Do you have some good tips for crypto coins? let me know!
-------------------------------------------------------------------------------------------------------------------------------------------
My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Fibonacci pattern
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account to be informed about what I do.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
Exactly as predicted SP500 started climbing and will keep doing February 8, 2018 I published: "February March April I expect an horizontal move at S&P500. After the horizontal movement we can expect a climb to 3000 points. This is just normal pattern. S&P500 has a cycle of 2/3 months. After a big short an even big long is coming of an equal percentage. OR, THE TREND REVERCES AND WE GO DOWN !" ..... Now it's August so the horizontal line is longer than expected but as you can see the grey squares where set like they are already at the beginning of this year. Exactly now in the corner of the grey square, the chart is starting to climb! STILL BULLISH!
So, I still expect a long to 3000 points, when the price passes 2880.
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Interesting coins, which I am looking to buy:
- EOS
- QASH
- Bitcoin-Gold
Do you have some good tips for crypto coins? let me know!
-------------------------------------------------------------------------------------------------------------------------------------------
My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Fibonacci pattern
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account to be informed about what I do.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
SPX Elliott Wave Analysis: Buying Opportunity SoonHello Traders,
In this short-term Analysis, we will have a look at the SPX.
SPX Short-term Elliott Wave analysis suggests that the pullback to $2691.80 low on 6.28.2018 ended blue wave (2). Above from there, the rally higher to $2848.03 peak ended red wave 1. The internals of that rally higher took the form as impulse Elliott wave structure where black wave ((i)), ((ii)) & ((iii)) unfolded in 5 waves structure & wave ((ii)) & ((iv)) unfolded in 3 swings corrective sequence.
Up from $2691.8 low, the rally higher to $2743.26 high ended black wave ((i)) in 5 waves. The pullback to $2698.95 ended black wave ((ii)) and the rally higher to $2804.53 high ended black wave ((iii)) as 5 wave structure. From there, black wave ((iv)) pullback ended at $2789.24 low and the rally higher to $2848.03 peak ended black wave ((v)) which also completed red wave 1.
The Index is now correcting cycle from 6.28.2018 low within red wave 2 in 3, 7 or 11 swings before further upside can be seen. As long as the pivot at 2691.80 low in our proprietary distribution system stays intact we expect more upside and therefore we like buying red wave 2 pullback in the sequences of 3-7 or 11 swings. We don’t like selling it as the right side of the SPX remains to the upside.