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Spx500analysis

SPX500 - Bigger short coming soon?!Hey tradomaniacs, CAN SPX500 break the All-Time-High? Looking at the structure you can clearly see another fakeout above the ALL-TIME-HIGH from November. The current performance of the stockmarket, especially NASDAQ100 which should benefit the most from Corona as it lists the FANG-Stocks, is very weak compared to what the currency-market is pricing in. Inrceasing corona-figures could cause more pressure as vaccine-news do almost have no impact at all anymore. As always we should look at potential stimulus-news which would probably destroy this idea but.... who is stell left to BUY when every positive scenario is priced in? If SPX500 continues the current breakout of the Trendchannel we finally might see some great PULLBACKS in the FOREX-Market. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
4
FISHY moves in the STOCKMARKETHey tradomaniacs, Current markets mood is harder to indentify as we see the same cashflow like we`ve seen with the first vaccine-wave this year. Comparing RUSSELL 2000 and SPX500 it looks like we see a flow out of big companies into the small-cap-section. This is very weird as the small businesses were those who suffered the most during the COVID-Lockdown in the USA. Does the market expect a BOOM of these companies with the upcoming vaccine? There is one fact: More than 50% of these companies listed in RUSSELL are not making any profit 👉 They are the "zombies" of the market who are only able to survive due to financial injections by the central bank. These odd moves are forcing me to trade a bit less as I don`t think that institutional traders are willing to buy stocks of companies that only just able to buoy up. Sell off coming soon? LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
TVC:RUT
by Trading2ez
2
SPX500 could move UP soon!Hey tradomaniacs, looking at the current structure of SPX500 we could see a move up as we see a falling wedge here which is a trend-continuation-pattern. Of course, a pattern itself is no buy.signal, but it is an evidence for a possible break to the topside. Fundamentals such as corona-figures, STIMULUS and tradewar will tell us. In case of a breakout we could execute a long-position with a nice risk-reward-ratio. :-) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USD
by Trading2ez
8
SPX500 COULD DROP NOW!Hey tradomaniacs, looking at SPX500 and the climb as expected we will probably see another sell-off here and at least a retest of the previous trendline to the downside. Orderbook showing loads of sell-pressure (probably profit-saves by bulls) which makes sense ahead the debate and NFP`s ahead. I expect that bulls will save their positions before the fundamental events with an unpredictable outcome begin. Technically we see a nice breakout with a current overbought market which will probably lose momentum soon. A pullback would be healthy for the bulls to find more power! We also see how DXY (US-DOLLAR-INDEX) almost didn`t drop and that Risk-On-Assets such as AUD and NZD didn`t really climb. Bonds are also stable and we see no yield-change which shows there is no significant cahsflow out of save havens into stocks. Good chance to sell I guess! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
6