Spx500forecast
S&P At Unsustainable Levels???For the past 9 years the S&P 500 has not been able to live outside of this channel for long, eventually it's pulled back inside like a metal to a magnet.
Zooming out and viewing from a macro scale I would say we are going to revisit the channel soon possibly after the next leg up around the election or shortly after..
SPX vix results refelected on this chart PAIN & GAINIt might sound crazy, but if history is relevant to today's bull market. Then, we could see a bull market the likes of which no one have seeing in our live times. But,
what about if we do not ???? what about if we get some of the less readings. time will tell the story. CHARTS FOR THOUGHT !
wish you all the best.
S&P 500 1W-TIMEFRAME ANALYSISS&P 500 1W-TIMEFRAME ANALYSIS
Hello ladies and gentlemen
This is my new idea for SPX
the price will test 3130 daily support
My idea shows the possibility of breaking this support
But be relaxed
Real support is between 2970 and 3030 It would be good to test it
From there we will start the bull market
I hope my idea is clear
Support me by like and share
Good luck
SPX500 and ANOTHER DIP before it goes UP!Hey tradomaniacs,
SPX500 is testing a very great zone to sell as we might see lots of bearish confluence here.
Orderbook still showing bulls to protect the previous buy-zone but now we see more sell-stackings incoming.
We might see another dip down before it actually goes up again.
I still trade SPX500 with my hedge-strategy and use these chances to stack shorts before I go long again if we get confirmation for this idea.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
S&P falling in a accelerated phaseS&P
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The S&P was declining in a accelerated phase as compared with the recent stocks rally .The deeper correction has started on September 03 And the index value fall below the .50 Fibonacci retracement And even felled below the 0.618 Fibonacci retracement
The series of Higher high , Lower low , Lower high and Lower low pattern was forming in a downward parallel channel
The index value also falls below the 03 Moving averages and the potential target would be around 3100.00
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Kindly share your ideas and thoughts in below comments section
SPX500 and its FAKE-SELL-OFF?!Hey tradomaniacs,
in the chart I show you some points why I doubt in a sell-off right now as it is expiration-day and the volatility is generally very high.
There are so more points I don`t need to note as they need more explanation but these points are enough for me to stack more longs.
In case of a drop I just hedge positions. :-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
SPX500 STACKING long PositionsHey tradomaniacs,
SPX500 looks very bullish to me as the previous fakeouts have created a double-bottom-pattern.
These fakeouts were the perfect moves to washout these massive crows of robin-hood-traders.
The current option-market is full of these retailers who are taking the liquidity for the big players.
To get this liquidity big players are forced to manipulate the market to the downside in order to hunt the stop-losses.
When I look at the market-depth (on daily basis) I can see accumulation of volume and these SL-Hunt-Moves as the sellers instantly get aborbed by the ALGOs.
Economy is also recovering well so far which is why I expect more momentum to the upside.
As always I will manage this trade very aggressively, especially ahead the FOMC-meeting today.
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. :-)