The perfect storm for cryptocurrencyI have strong beliefs that the SPX will decorrelate from the cryptocurrency market in future
Potentially when this bearish megaphone breaks down, and the 1.618 bearish wave resumes.
disruptive technology like this carries revolutionary potential, and should be treated as such
Super mario world!
Another idea for SPX :)
Spx500forecast
SPX Outlook for this next two weeks.Perhaps there are a thousand more scenarios although I can see how the index has been losing momentum. Could it be that the market stimuli have not been sufficient and we are facing the continuation of the correction?
I have drawn in yellow my main idea, that this is falling apart again. In another colour, a kind of orange, the idea that the market is still sleepy and that can go higher (I can not imagine how, but the probability exist.
What are your thoughts? What part are you on?
Thanks!
SPX500 scenarioOur view on #SPX500:
Price reacted very well on the last Fibo Zone in 2900 Area.
The next one is around 3000 and we're sure the price is going to reach that zone and bouncing downside to 2900 Area.
This is a possible short trade.
We only have to wait for a confirmation for a long trade to area 2900.
It seems a Wave pattern is consolidating. We only need to know where the point 4 will be.
Which channel will be confirmed? Time Analysis suggests us we will discover it on Monday!
SPX500 SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Market-Sell: 2796,00
Stop-Loss: 2830,00
Target 1: 2759,00
Target 2: 2727,00
Target 3: 2680,00
Stop-Loss: 34 pips
Risk: 1-2%
Risk-Reward: 2,57
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. :-)
Top Could be in Place in the S&P 500Top could be in here at the 1:1 extension confluent with the ML of the channel and the 2-year key horizontal level (around 2875). Notice that the C of the Y would be short here, like the C of the W. We are just below the GZ. We are drifting away from the ML of the PF. Nice 4H bearish divergence. Lets see what happens before the close.
S&P 500 INDEX (SPX) WeeklyDates 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.
S&P 500 INDEX (SPX) MonthlyDates 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.
SPX500 Bigger Picture Points Below 1450!SPX500 has formed a major top at 3400 levels, and a larger degree Head and Shoulder might be in the making already. A decade old trend line support was broken earlier when SPX500 dropped from 3400 to 2191, Wave (1) on chart. The subsequent rally has been sharp but it is nothing but a counter trend, which could terminate around 2850/2930 zone, Wave (2) on chart. Head is 3400, Neckline was 2345, Left Shoulder around 2900 and Right Shoulder as Wave (2) termination. Let us prepare to go short again towards 1400 levels.
Strategy:
Short around 2800/2900, stop 3400, targeting 1400.
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Risk Warning: Trading the capital markets is risky therefore further knowledge and experience may be required. Apply appropriate risk and money management always and ensure the implementation of safe leverage.
Optimism is good but (1500-1600) can't be ignoredStocks markets, risk assets, Cryptos are rallying (maybe recovering is a better term) as markets participants try to price in a possible slowdown in the COVID-19 pandemic.
But, even if the Pandemic miraculously disappeared today, the massive economic shock won't disappear anytime soon.
Major indices all over the world have already plummeted into Bear Territories and the recent rally is simply a correction. In fact, if you look at previous bear markets, you will find plenty of temporary Bullish rallies within the larger Bearish move.
So, I would advise everyone not to get carried away by this. This, of course, doesn't mean that you shouldn't buy good value stocks. In fact, I have already bought some stocks last month and I plan on investing in good value stocks over the next 12-20 months and hold them till the end of the next Bull market.
In the next few months, we will be dealing with bad economic data, a bigger than 2008 recession(probably), job cuts.
So, such rallies as the one we are seeing now will be sold aggressively and markets will plummet into fresh lows. Until a 50%-55% drop has happened, we can't start thinking about bottom formation. And in my opinion, we are at least 18-36 months away from that.
SPX S&P 500 - Loss of momentum on W and M - High resistanceHello, hope your safe and on your guard in those difficult moments. My analysis on the Weekly Chart just before the Heikin Ashi candle close. Right now it doesn't look good. The tails like to be eaten, but let's wait and see how the candle will end. At this moment the look that he want to reject it. The most concerning things for me is the break down of the EMA Ribbon.. this is usually a sign that the retracement will be much longer but market makers could play with that. They actually want you to put back your money inside the market.. to eventually eat more liquidity. They want to let you think that the market is ready to get back on track when the market is only retracing to a gap down exactly on the daily ema ribbon resistance. What I see is that the market can let believe believe a little more that this trend up is there to stay when in reality they will eat all the liquidity around Easter and pull back quickly on the fib 0.5%. Please note that I have not included a Gap Down as I consider that they will eventually be filled upwards by wave 5. Here are some important details for the S&P 500:
Renko Resistance: 2838.72
Renko Resistance: [/boquer2661.30
Gap Up: 2538.18 (bottom part of the gap up)
Gap Up: 2295.93 (bottom part of the gap up)
JMA: [/boquer2513.32 (currently support)
Fibonnaci [/boquer0.5 à 2034.20
Fibonnaci 0.618 to 1712.93
Momentum: MACD is down in change of direction on the weekly and downhill on the monthly ... so losing momentum in the long term ..
RSI: In BEAR territory on Montlhy and Weekly
Eliott Wave: As we are on a cycle III retracement wave and the wave 2 retracement was 0.618%, I believe that the 0.5% and 0.618 retracement are the more likely and the 0.382 retracement has been smashed and is not sharp.
look with new lens I think we are at the point where there could be a rapid change in sentiment based on the viruses progress, global tensions, oil price war, etc.
If there is no "event" to push the market down rapidly, I believe the return to "normal" will be slower than anticipated for many people. The virus obviously has had, and continues to have, major effects on every industry/sector.
lines on chart are levels of interest/loose trends based on
blue = 3M
purple = 1M
grey = 1W
I think we may reach 2300-2400 before the end of the month and then head to retest the previous lows.
SPX500USD technicaly based forecast
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💡 SPX500USD technicaly based idea, technicaly indicators showing we can expect higher push up in price, we can see strong bulish candels formed, technicaly picture good, expecting to see push in price till FIBO 0.6
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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SPX500: next 2 scenarios#SPX500 has just touched the strong bearish trendline you can see on Daily.
Now 2 scenarios.
First Scenario: The price breaks it and go up until 2800 (Fibo 50%) first and then 2935 (Fibo 61%)
Second Scenario (on our opinion the most credible): the price breaks the support, bounces on hit and go to complete the Elliot Wave on point 5 (and 1.618%) at 2000.
market crash finally here, been waiting 2 years for itWe all knew it was going to happen, here it is, the markets have been propped up by the feds and global economies haven't been good for a while, been waiting for the straw that broke the camels back....
aaaaaannd, here it is, coronavirus shutting the global economies down will make this a recession and eventually a depression soon.