SPXS
Short Play Setup for $SPX $ES_F $SPXS $SDS $SPXUBroad market setting up for another leg down after this week's short covering pop and overly bullish sentiment.
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spy diamond$spy $spx $es_f $spxl $spxs
possible diamond on the 60min-hard to trade. No idea where the turning point is..waiting for confirmation
Spy update 8Mar2019 @CyrptoKnee's....not the bot that post this Got the bounce kind of in no mans, or womans, land. Is it a C or a 3? will have to wait to C...see. Price action channel and an EW channel within to project the 4. Is the scary correction over? We will have to wait and 3...see...dammit.
US MAJORS COMBINED INDEX PAINT CLEAR PICTUREPrevious significant market top that formed a mini double top and drop looks to be happening again.
Monday we should see another gap down and continued follow-through selling, or at least next week which should create a spike in the vix as shown here: www.thetechnicaltraders.com
SP500 target hit which means we should expect the next one alsoChart paints the picture but see my previous post of this here and click the blue play button on the chart:
Spy short term 4h update projectionNo one know for certain, Fib projections and possible count. Come up to some support and the 2 landed at the .618, to the tic, so possible algo play, though no discernable reaction at the -.236.
Elliott Wave View: S&P 500 (SPX) Should Find Buyers AgainShort Term Elliott Wave view in S&P 500 (SPX) suggests the rally from December 26, 2018 low (2348.50) is unfolding as an impulse. Index has ended wave ((3)) of this impulse move at 2816.88. In the chart below, we can see wave (5) of ((3)) move from 2612.42 low subdivides in 5 waves impulse of a lesser degree. Up from 2612.42 low, wave 1 ended at 2738.98 and pullback to 2681.83 ended wave 2. Index then rallied again and ended wave 3 at 2813.49. Wave 4 pullback ended at 2775.13, and wave 5 of ((3)) ended at 2816.88.
Wave ((4)) pullback of the larger degree is currently in progress before Index resumes the rally higher in wave ((5)). The internal of wave ((4)) is unfolding as a zigzag where the first leg down to 2767.66 ended wave (A). While wave (B) bounce stays below wave ((3)) at 2816.88, expect Index to turn lower to continue the zigzag correction within wave ((4)). We believe dips in the Index still can see buyers in 3, 7, or 11 swing for 1 more leg higher in wave ((5)) before cycle from December 20, 2018 low ends. We don’t like selling the Index.
Topping pattern/candles starting to form as expected...SPY Stock market showing signs of reversing but still needs several more days to form top. But who will lead the decline and next rally? DOW or NASDAQ?
Here is an article talking about it.
SP:SPX AMEX:SPXS AMEX:SPXU NASDAQ:QQQ SQQQ AMEX:DIA SDOW UDOW
3X Leverage Locked Stocked & LoadedAMEX:SPXS looking prime...
Buy Box/Orders Layered 21.40 - 22.24
Stops below 20.80
Looking to take profit around $29
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2817 (78.6% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2616 (38.2% fibonacci retracement).
Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2817 (78.6% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2616 (38.2% fibonacci retracement).
Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2817 (78.6% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2616 (38.2% fibonacci retracement).
Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2508 (50% fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracemen, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 2508 (50% fibonacci retracement, horizontal pullback support).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2508 (50% fibonacci retracement, horizontal pullback support).
RSI (34) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
SPXL_higher_lowershould find a push up into Feb - Mar 2019, than recede significantly. Let's see if it hits my target boxes.
Technical pullback overdue. Time to ladder into $SPX short $SPXSWe have seen the S&P 500 fail to stay above the 100 day EMA repeatedly, now the market has run up 14% since Christmas. While the bottom may be in, in the near term one should expect to see a technical pullback. There is a very large and very ominous wedge encompassing the entire recovery move and the Stochatic RSI has been overbought for four sessions.
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2703 (100% fibonacci extension , 76.4% fibonacci retracement ) and a strong drop might occur below this level pushing price down to our major support at 2406 (76.4% fibonacci retracement , 61.8% fibonacci extension ).
RSI (34) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
SPX: Ppl. Note to Self Hi All,
This my "Note to self." Hence, take this with the massive grain of salt.
This is Simply looking at the worst-case scenario or Best case scenario.
It's all in the chart, Ppl....
Hope this does help someone out there.
Enjoy Ppl.
