Sp500long
SP500 Buy or SellLooking at the SP500, what do you do after that big sell off, without warning? Im staying long. If you look at the cycles we arent even close to 35 days, so we should have more time before a drop into the DCL. We bounced off supporting moving average at the blue arrow. Note weve bounced off that MA before. IF we dont recover fully, then we may be starting a bear market.
S&P 500 LongWe are looking at a very possible upward move in the S&P. The result of the JOLTs report could possibly add to this upward move. The downward move lately is finding enough liquidity for a price upward. The present price is a strong support which when it gets broken may reach down to 3180.40 then going up back to 3223.79.
VIX & S&P500 Index (SPX) Bullish SentimentHey guys. My analysis on why VIX had to go green today. Normally, SPX has been trading in a steady trend, not upsetting the VIX and keeping VIX in a steady downtrend, while SPX stays green and VIX stays red. But on the daily VIX timeframe, you can see the gap that needs to be filled under $22.00 - and it will, soon.
The next daily candle on VIX, if red, would have entered that last low $22.00 candle. This will take us back up to SPX ATH's and potentially double top and end this market rally for good. They don't want this to happen quite yet, so to not allow VIX to enter that $22.00 candle they NEED to create volatility - to the downside. I believe we will see a series of red SPX days to push VIX back into green territory and away from that $22.00 candle low, as that gap will signal the end of this bull run. They don't want that yet. Imo, anything under the $18.00 VIX can and will be the end of this bull market, at any time. Ideally, they'll drop the hammer at VIX $12 level, but that will ONLY mean new SPX ATH's of 3600-4000+, but stay with me here.
VIX was at $16.00 - $17.00 levels when they decided to end the last bull run. If they take VIX back to $12.00 - $13.00 level we will need to see VIX drop by roughly 24%. If I take VIX $17.00 x 24% (.24), I get $4.08. $17.00 - $4.08 = $12.92 VIX (Roughly where I think the top could be).
So taking that VIX price % (24%) and relating it to the ATH of SPX (3390), 3390 x 1.24 = a rough maximum of SPX 4203, or SPY $420.
I see this maximum bull market lasting until no longer than the first or second week of August, maximum.
-MoneyProphet on Twitter
Trading Plan #SP500 (LONG)Hey Guys! Like and comment if you like the content. 👍 Subscribe will be a lot of interesting 👌
Suppose correction to the area 2.936 and from this price I will buy for the purpose of 3.390
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
S&P 500 bounced off key level. I long here.Went long here because around 2972 is a critical level for me and price bounced off it.
This is not financial advice, it's just for entertainment and educational purposes.
S&P 500 LOW VOLATILITY (SP500VOL) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
SP500 (Y20.P3.Video).Recent price action explained.Hi All,
*** Note: This video is a followup on my previous posting on the SP500 forecast, with measured success. ***
The following video post is my take on the SP500 price action in terms of technical analysis.
If you were to look at my previous posting on this, it gives a background to this video.
But I also recap some of the points in this video.
This video recording is my attempt to explain what I take from the charts, historically and how its applied to the past few months and the next phase of the market.
Please give me a like or a tick for making this effort.
Regards,
S.Sari
My reference: A.Charts
Reference materials:
Bump and Run Chart Pattern Strategy>
tradingstrategyguides.com
Previous post and a background reference to this video
SPX holding above 200D MA on a 1HR timeframe. NO REVERSAL YET!I am using long term 200D MA on SPX 1HR chart. Price is holding and gained a bit of strength. Short term MA's are curling. I remain worried about the overall strength of this market, but I won't make my exit as of yet. My downside trade will be long HSD (S&P 500 2x Bear ETF). MoneyProphet on Twitter. FOLLOW and PM me for private group trader chat with professional traders.
SP500 Going UpWhen I said it would go down in DEC19 I had to be confident to stand on my analysis, and it played out.
Here I support why its going back up, you've gotta draw the line somewhere, if its as the media portrays the world would have ended 10 times over already!
TRUTH is concerning as this outbreak is, compared to our massive world population of 7.8 Billion (MAR20) the numbers of this virus outbreak are minuscule.
They've been selling fear and the masses have been buying, business as usual, before this they were fear mongering about something, after this they'll find another issue to cry about. If you ask me this may have very well been a snowball of media fear mongering compiled with the sensitivities of feeble minds.
Being a medical matter, most of us and politicians are not educated on the subject matter, so it becomes important to follow the leader, because nobody wants to be taking the blame for mishappenings.
Here I believe the uptrend has started, and slowly but surely will return to sync with the pre corona trend.
Here on the M chart I believe it can close above 2500, or at 2500 by month end in 2 days, meaning APR the uptrend to become evident.
Just my take, do your own due diligence.
CDEV DOUBLE BOTTOM :)
Cdev bounced from double bottom and is directing to high numbers now.
MACD and RSI + mfi look great!
Looks like it can go straight to 0.59$ or then even to 2$.
Veeery undervalued company when looking on price / booking value etc.