Sp500short
Losing steamThis has been forming a long and slow top, often making new unexpected highs.
The probability that this tumbles over becomes increasingly higher, but markets can always go on longer than we expect them to, so be carefull.
MACD about to cross, RSI relatively high (and losing steam), 200SMA as resistance (interesting level to keep watching)
red = 200 sma
orange = 100 sma
yellow = 50 sma
green = 20 sma
white = 21 ema
Indexes have crackedAs said, patience in key. If you missed shorting the top months ago and have been waiting for this rally to end, we have the crack! The 200 MA on daily was the obvious brick wall. On long term shorts, I always take profit at the Weekly 200 MA, as it's very powerful and aligns with Fib ratios frequently. For this rally, the weekly 0.95 Fib is last(medium term) target. The first 3 targets I have with X's by them. Stop loss would be 2740 to 2750. I do believe this is a generational short and it will go lower than the December correction, but only time will confirm that.
#S&P 500 INDEX SignalAs you can see in the graph above in the last three times of Fed meetings The market dropped, Today there will also be a meeting of the Fed so we recommend opening a sell position and continuing the trend of meetings, The second (sell) reason is the line of resistance of (Ichimoku Indicator) Senkou Span
sell S&P 500
Entry Price: 2655
Stop Loss: 2703
Take Profit: 2400
S%P500 / SPX / S&P 500 Chart - I am watching it closely..Those are my main 2 levels that I am looking to see how price reacts.
Great RR at every level..
We broke the market structure and I AM BEARISH until proven wrong.
Watch how the price is increasing while the volume is decreasing...Everything is very bearish..The bubble will pop in in less than 2 months!
SPX Short....but wait!I see a lot of bears getting greedy eyes and bulls filled with hopium. Per my original chart, we are still headed into targets to short or get out of long positions. But! Wealth is transferred to the hands of the patient- from the hands of the impatient. The sidelines are cozy when you're aiming for the best entry.
S&P500 APPROACHING KEY RESISTANCE: ANALYSISS&P500 is approaching a key resistance level and looks likely to sell off in line with the weekly timeframe.
The weekly timeframe has formed lower lows and has retraced to the 38.2 fib and key resistance.
Looking for bearish price action here to suggest further downside to come.
SP500 a punto de hacer una ruptura de banderin bajista hola a todos la ultima vez di mi anaiisis sobre la caida de un HCH bajista la cual la detuvieron con una beartrap momentanea y buscando romper la resistencia anterior la cual no pudieron en los dias de esta forma se puede interpretar por un lado como un triple techo si observan bien la grafica y al mismo tiempo muestra un banderin bajista esto va traer muchas consecuencias a todo el mercado bursatil y todos sus indices de momento por ondas elliot en la caida de se hizo una onda elliot 1 en forma de ABC y despues correccion alcista extendida para hacer una onda elliot 2 een la cual esperabamos antes y llego casi a los 2800 puntos ahora si se llega a dar la ruptura que deberia de darse entonces tendriamos una caida como una onda elliot 3 por los 2429 puntos o los 2346 puntos recomiendo hacer salidas escalonadas es lo mas recomendable para los proximos dias para la onda 4 seria en la zona de los 2455 puntos y como onda 5 en los 2250 puntos para terminar de una gran onda 3
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