Sp500short
After cup and handle of hell SP 500 to 65% fiboHello followes,
this is it,
the last cup & handle
this one of hell.
It will be a little hard to swallow, so get prepared.
thanks for following and trusting
MW
S&P500 S&P500 correction coming Also #Btc ......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
SPX500 Short SetupSPX500 Short Setup
🔵 Entry Level: $4486.0
🟢 Take Profit: $4426.9 (1.28R)
⛔ Stop Loss: $4532.1
Reasons:
- Reaching resistance level at $4485
- Expecting either divergence or highly overbought level on the PVS Indicator by the time price reaches that level.
Game plan: If the price flips this resistance into support (tests it), I may close the trade prematurely and open a long trade until the next resistance level is reached at $4548
S&P500 through the looking glass!The S&P500 and US Nasdaq run the international show. Whatever they do, the rest tend to follow.
For this reason we'll take a good look at the two giants to see what their technicals look like and if or when they would become bullish again. We'll start off by bringing out our microscope in order to dissect the S&P500.
Starting off on the weekly chart, the index is up by more than +100% since the March bottom last year.
In a normal, healthy trend the price regularly retests its moving averages. As we can see none such has occurred since June last year upon which the price briefly found support on the EMA50 (yellow line) before taking off.
Equally so, if we move onto the daily chart, the ascending channel almost comes across as a parody of technical analysis. It's vastly over-stretched, and I have personally rarely (if ever) seen anything like it myself.
As we can see on the graph below the S&P500 has tested the yellow EMA50 as support on numerous times throughout the last year. Only once (September 22) did it test the EMA50 from below and got rejected, however minor. Now, it's at it again.
The standard fare for a technical development is for the price to test an indicator support such as the moving averages on multiple occasions (EMA50) prior to testing the higher value below (EMA100).
The more times those are tested, and the more times the procedure repeats itself, the weaker it gets, and the higher the likelihood of an even greater moving average being mature for testing (EMA200).
In this case we have now tested the EMA100 for the third time in a year. This is rather remarkable, especially since the higher moving averages typically don't hold up against too much pressure (as opposed to the lower ones such as the EMA20 and -50). Given that the index has just bounced on the EMA100, but is now facing opposition from the EMA50 from below and in combination with a big naughty falling wedge (which technically seems to have more to give), we can seriously expect further short to mid term downside to follow.
As we can see on the graph below I have jotted out a resistance entry on the 2-hour chart, which neatly aligns with the EMA200. This is a good risk to reward short in my opinion. The horizontal green line constitutes my initial target level upon which I will also increase my stop loss to break even.
What further speaks in favor of a short to midterm drop is the RSI, which on the daily is struggling to break above the neutral green 50 line.
But even more alarmingly does the RSI on the weekly, as we speak (or as I speak ...) struggle to break above the upper bearish blue line from below, after having come down from high levels. To those of you who may not know, this is TEXTBOOK distribution behaviour. And unless the RSI can break above it, things look dark, indeed.
Presuming that this duly needed correction continues, what I expect price-wise is for a re-test of the weekly EMA50 and the daily EMA200, which are near enough to count as one unanimous zone.
If, on the other hand, the weekly RSI were to break above the upper bearish blue line with enough safety margins (1%), that'd be all I need to swap foot to being bullish again. Having said that, don't underestimate the heavy technical lid the upper bearish blue line amounts to on its own.
Bear Pennat in SPYSeems like a bear pennant is forming.
Further market direction depends on the side that we break out of.
I am sour so i want to see a solid move down from these levels.
However, very aggressive buying is going on today.
Loaded SQQQ, SPXS, UVXY, SDOW and a some puts. Either getting paid or getting my ass handed to me.
S&P500,CORRECTION SEQUENCE AFTER EDThe most anticipated correction began on 7th sep2021
initial wave to unfold is zigzag in nature for quick profiting by BEARS
2 days recovery can give you a long opertunity ,but bears will hold the grip
This will go till this month end upto or exceeding the level of c54(4232
[-40%] S&P 500 SHORTSell when people are euphoric, bought when there is blood on the street.
Analysis :
- Bearish divergence
- Bullish channel - if we break the bottom, confirmation of the bear trend -
- RSI -> overbought
- Top of the yellow canal has been broken - the last time it was before the crisis of 2000 -
NATURAL GAS FRENZY - Is this "natural" or only a "fart"?Just want to share with you my idea. If you read my past post I'm in "safe area" because market is really extend.
For a quick reference I've crossed 3 graphs : Sp500 | Oil | Natural Gas
Let's compare 2018 with today.
I strongly believe that 2018 is only a "small version" of the 2020-2021 Economical LunaParKovid Frenzy.
I was really surprise to discover that Natural Gas was Pumped at very start of market dump in 2018 . Those pump (both today and 2018) are strictly related to beliefs on debate going on how natural gas is a “bridge fuel ” that can help pave the way for the U.S. to reduce carbon emissions and renewable.
Main problem is the Dump after the "FOMO storm"! Storm in both sense : literal because IDA and Nicholas Hurricane push prices up. FOMO Storm because Fear of Missing Out take aboard all type of small retails looking for easy cash (and empty pockets at least).
However, the only thing I see now is only a FOMO . Stay alert this can finish worst than you can image.
Doesn't matter if Cramer say....if Hurricane doing... if China making...
We are in an high volatility market. Be careful, don't chase your dream, don't chase FOMO. Just use your brain.
This is not a financial advice. Only ideas.
If you are happy with this post, please consider to donate something on my Paypal.
US500 1D: Possible SHORTUS500 1D: Possible SHORT
As we look at S&P500, we can see a possible fall from 4500 to 3400 in the coming months
S&P still promising A lot of people have been calling for a stock market crash for a long time. However, I'm afraid I have to disagree. From a technical point of view, there is no doubt the S&P is losing momentum as it can be appreciated in the momentum indicators. The price is making new higher highs, but the momentum is doing lower highs. However, the Elliott wave technicals are saying otherwise. I have drawn here the secular cycle and primary cycle aligned. S&P is in the middle of a 3rd impulsive wave with a minimum target of 5200. That's where I believe the S&P (if confirmed by technical) will have a retracement or cool off down to 4200. People will turn really bearish, but the S&P will turn bullish for the last 5th leg up to 6200. That is where the bear market will start, and I expect the market to collapse at least 30%, with my real target standing at 50% around 3200.
The end of wave 3 would be the best time to start slowly rotate your profit and capital into assets such as commodities to edge against the crush. At the end of wave 5, you should aim to be 85% - 90% out of the stock market.
I am happy to hear your opinions; please leave a comment below.
S&P 500 (US500) : 4H TF AnalysisWell, considering that the price has lost its dynamic support and had previously reached its highest level in history, it seems that the price intends to make a correction, our first correction target is 4477 and if this support is lost , The next static support is 4418 . Of course, now the price has reacted to its first static support, which is 4500 ... CURRENCYCOM:US500
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 09.Sep.2021
⚠️(DYOR)
SP500 BIG CRASH & RECESSION - STAGFLATION - CLOCK CHARTAfter correctly predicting today's crypto crash, I would like to share an idea of how I believe the American market might go up in flames based on overvalued tech stocks and wages not holding up with inflation. Cash is king, after crash, gold will be. But right now, hold paper.
S&P500: Cooling Off Period! 🥶🥶🥶It is almost over with the S&P’s great run. Our expectation centers around the view that there will be a corrective movement coming it at around 4558 points. Once the course drops to around 4452 points, there will be new opportunities to enter the market.
Happy weekend!
sell #NASDAQ at 15380 and take profit at 15190sell #NASDAQ at 15380 and take profit at 15190 in next 72h max 190pts profit guarantee.(no stop loss in that case,at least if he up 100 pips more u add 1 lot in sell.if you can assume this trade do it and you will pass a better week end #dowjones #xauusd #eurusd #sp500 #USDJPY
euphoraia so much
need to pullback
overbought
Jackson hole in nest 48h ....
free money
if he dare to up back 70-100 pips from now ,add 1 loy but no stop loss.believe me
INDEX - Nikkei 225 - Model ForecastModel Forecast for NI225:
- Line of Least Resistance EW Corrective Wave found.
- Wolfe Wave at Top Distribution Level.
- Weakening rally rejected at top of channel.
- This time the support will break.
- US Markets to follow.
Soon the V's will stop. Easy come easy go.
GLHF
- DPT