$SPY WILL RETRACE ENTIRE UP MOVE BY CINCO DE MAYO Our AlgoTradeAlert software has a DOWN cycle alert today. The entire up move from April 27 will retrace!
Spx500short
ATTENTION: S&P 500 - Medium Term Right Side is DOWNTechnical Analysis:
- S&P is going to finish wave ((B)) in black in the next 2-4 weeks
- Short Term Right Side (H4) is turning up
- Medium Term Right Side is down to complete a wave II in red
Technical Information:
- Don't buy now S&P if you're a swing trader
- If you're a position trader please wait for wave II in red to be completed
SPX500 US500 S&P500Short from 4123 Sl above 4200
Target 4000 possibly lower.
FED tomorrow another bank blowup today + Apple.
SPX500 more correction expected close to great resistance ❌🧨Hello 🐋
Based on the chart, the price is close to the unbelievable resistance zone (the descending channel resistance, the parallel channel resistance and the ascending channel resistance) ❌🧨
we expect to see more correction to the downside ❌🧨
brief green candlesticks before shark dump and correction is logical ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
PX500 - goes to test the global trend line!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Technical - the stock market may test the global trend line, at the moment it acts as support for the SPX500. Usually such tests are met with squeezes and after that the price returns again to test the support, can we bounce back to the 4150 points zone again, technically everything looks like this, let's see where this correction will lead.
Fundamentally - there are rumors that the correction in the stock market began due to the problems of one of the FIRST REPUBLIC BANK banks, which may go bankrupt soon, the bank's shares have already fallen by -40%, another bank in the Fed's piggy bank, the printing press is probably already refueling with ink))
SPX 15M 24/04/2023On the 15-minute timeframe, we are currently in a bearish range between 4144 and 4121, with the latter being the liquidity zone of the range. This makes it a potentially good target for a short trade. Currently, the price is retracing to the grey demand zone of the range, so with confirmation, one could enter a short position, anticipating the continuation of the trend and the liquidation of the 4-hour liquidity points.
SPX 1H 24/04/2023In the one-hour timeframe, we observe that the price has retraced to the grey zone around 4143 and has reacted favorably to the 4-hour trend. Once again, the price action is close to retracing to the same zone, which could indicate a potential short trade if entry criteria are met. Similarly, we can refer to smaller timeframes to observe new ranges forming in favor of the 4-hour trend
SPX 4H 24/07/2023Currently, on the 4-hour timeframe, we are in a bearish range that is between 4150 to 4113, with the latter being the liquidity point of the current range. Therefore, we can expect some reaction that will help confirm a possible short entry when the price touches the grey zone. Alternatively, we can continue to monitor smaller timeframes to follow new ranges that align with our larger timeframes.
The Big Short - SPX ready to break bull trendline.In this chart I show the Elliot wave using TV public indicator where we will end up.
In my attached chart I show how similar patterns have happened and how we are ready to drop again. I believe the trendline will break starting tonight and/or Monday.
I use TA, EW, Patterns, SMA, Trendlines, and more to verify what I show.
Note: I only use public available indicators in all my charts
AAPL: S&P500 RELATIONSHIP / PIVOT / TECHNICALS IN FAVOR OF BEARSDESCRIPTION: In the chart above I have included a macro analysis of AAPL & its congruent relationship with the S&P 500 INDEX. AAPL is to be consider one of the major players when it comes to overall US MARKET PERFORMANCE & is the reason why understanding AAPL's price action momentum is so vital.
POINTS:
1. AAPL channel deviation where liquidity usually occurs between SUPPLY & DEMAND = 12.50 POINTS
2. Macro Trend: Downtrend Channel; Micro Trend: Uptrend channel with Bearish Ascending Triangle Formation
3. Macro Trend continues to make lower highs & lower lows after peak from January 2022.
TECHNICALS:
RSI LEVELS on the DAILY time frame have been squeezing into overbought territory for the past 4 months.
MACD LEVEL is in common overbought territory where rejection & downturn is indicative.
BULLISH POINT OF CONTROL: 167.50 POINT must be broken to the upside in order to invalidate BEARISH SETUP.
BEARISH POINT OF CONTROL: 155.00 POINT must be broken in order to further validate BEARISH SETUP.
FULL CHART LINK: www.tradingview.com
NASDAQ:AAPL
CHOCH!1. Is seems like a CHoCH has already happened! And it will go lower from here!
If that happened, and we didn’t catch entry! Wait for ritracements or BOS
2. Or might visit the Hight before going lower! Which I would love it will happen next week!
Bearish Harmonic pattern in SPXSPX price chart has printed a bearish harmonic pattern along with a bearish divergence on RSI which indicates trend may reverse from bullish to bearish if the support level of 4060 is broken.
SPX500 Next Possible MovePair : S & P 500 Index
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Upper Trend Line
Break of Structure
Completed " 1234 " Impulsive / " AB " Corrective Wave
Divergence
Impulse Correction Impulse
Rising Wedge as an Corrective Pattern in Short Time Frame
SPY S&P 500 ETF Analysis Monday, March 20th, 2023Today market is more volatile for high-impact news, so look at the mentioned level to trade entry.
VIX: VOLATILITY CYCLES / COMPRESSION / DIVERGENCE / PUTOVERCALLDESCRIPTION: In the chart above I have included an update on a MACRO analysis of VIX VOLATILITY CYCLES. The creation of a set of new cycles is marked when VIX finds a new floor of support.
POINTS:
1. Deviations have been adequately adjusted for VIX with a 7 Point difference between CHANNELS.
2. Price Action is currently resting at NEW FLOOR of 19 & Price Action is consolidating.
3. 5 YEAR TREND LINE IS APPROACHING MONTHLY PRICE ACTION FLOOR.
3. NO RECESSION AFTER 1998 HAS EVER COME TO AN END WITHOUT VIX FIRST SPIKING TO 40 OR 45 AT LEAST.
RSI: There is in fact a lot to be said for RSI as it rests roughly below the 50 Point average which would signal that RSI is set to flip into Oversold territory. RSI must reach the 30 Point average in the coming weeks or anything above the 30 Point average & rising could signal a divergence occurring between ascending RSI LEVELS & CONSOLIDATING PRICE ACTION WHICH CAN MAKE FOR SOME VIOLENT VOLATILITY IN THE NEAR FUTURE.
MACD: As of now MACD is resting at an average oversold level of -2.0 but is signaling a move to the upside in coming weeks.
MAIN POINTS OF CONTROL:
1. RSI DIVERENCE OCCURS AS RSI RISES & PRICE ACTION CONSOLIDATES.
2. MACD FLIPS INTO POSITIVE TERRITORY.
3. A BREAK OF 21 POINTS FOR PRICE ACTION CAN BE INDICATIVE OF FURTHER UPSIDE FOR VIX IN THIS SCENARIO.
FULL CHART LINK: www.tradingview.com
TVC:VIX
CBOE:VIX
S&P 500 Index Analyze !!!S&P 500 has been moving on Ascending Channel for about 12 years😱. S&P 500 had an Impulse wave with an Extended 3rd Wave . When wave 3 is extended , we can use from Elliott Wave Fibonacci Retracement and Extension Guidelines of extended waves :
🔅 If wave 3 is extended , waves 1 and 5 are often nearly equal in magnitude and duration.= This guideline is running correctly on my chart✅ = The end of the main wave 5 (Zone): 4505 until 4182
🔅If wave 3 is extended , then wave 4 often ends at the level of sub-wave 4 of 3 and is quite shallow (retraces 23.6% – 38.2% of wave 3). This guideline is running correctly on my chart✅
🔴 Heavy Resistance Zone : 5817 until 5348 .
S&P 500 Index Analyze Timeframe 2 Weeks ( Log Scale )
❗️ Note ❗️: I expect that S&P 500 would go down at least until the middle line of ascending Channel .
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
We are about to repeat the 2002 and 2008 CrashesUsing TA , EW, and Indicator's I show how the crashes from 2002 and 2008 is about to happen again.
Note: I only use publicly available indicators in all my charting so nothing is private or custom.
SPX Possible Paths forming a giant H&SUsing TA, Fib Ratios, Trendlines, Patterns I show what I believe possible upcoming paths for the S&P 500 (SPX). In taking these paths the S&P is forming a giant Head and Shoulders which is a bearish pattern. I also show using an explosion graphic where I believe once the head and shoulders hits...then all bets are off in this bear market and it will be testing lower lows.
Note: I only use public indicators in all my charting so nothing is private or custom.
Head and Shoulders forming on the dailyUsing Patterns and other TA I believe the market will follow one of my two paths to retest the high on the right shoulder before continuing down to complete the pattern.
I also used other TA to confirm what I'm seeing on this chart. I try to make my charting simple that others can looks and be like oh yeah that makes sense.
Am I always right? Heck no... Not to toot my horn but I did just recently call the bitcoin blastoff just before it happened so I think my charting is OK. Look under my other ideas... you will find it... Even some comments like are you crazy...why would it blast off here...and like a day or two later it did.
Will it continue to go up and test the high now or drop before trying again later? I guess next week we will find out.
Have a good extended weekend!
Note: I only use public indicators and TA tools to make my charts. Nothing is private or custom.
SPX500 USD - Head and shoulders patternWe see the formation of a head and shoulder pattern in the chart, and if the specified support fails, there is a possibility of a price drop
SPX | Bearish ABCD patternThe price has rejected from the potential reversal zone ( PRZ ) its is likely to reverse the trend from here . The price has made a bearish divergence here. Wait for the trend to make Lower highs and lower lows. Sell at the break of first LL.
