SPX AB=CDSPX can be on ABCD pattern, when hit the D point on daily chart watch the price action & the negative divergence on daily chart
Standardandpoor500
S&P Short - High Risk - Great RewardThis might be a great time to short the SPX. Despite being on a crazy bull trend, this point looks great for some shorts.
Low volume - Volume divergence.
RSI overbought - RSI divergence.
R3 Fib pivot broken by a lot (overbought signal).
2300 Psychological resistance
Resistance that goes back to April 2016.
Reward to Risk Ratio : 2.8 to 1.
SPX500 Long-Term Forecast2016/11/17. S&P 500 stock index forecast for next months and years.
S&P forecast for November 2016.
The forecast for beginning of November 2168. Maximum value 2266, while minimum 2010. Averaged index value for month 2146. S&P 500 at the end 2138, change for November -1.38%.
S&P 500 forecast for December 2016.
The forecast for beginning of December 2138. Maximum value 2236, while minimum 1982. Averaged index value for month 2116. S&P 500 at the end 2109, change for December -1.36%.
S&P forecast for January 2017.
The forecast for beginning of January 2109. Maximum value 2232, while minimum 1980. Averaged index value for month 2107. S&P 500 at the end 2106, change for January -0.14%.
S&P 500 forecast for February 2017.
The forecast for beginning of February 2106. Maximum value 2229, while minimum 1977. Averaged index value for month 2104. S&P 500 at the end 2103, change for February -0.14%.
S&P forecast for March 2017.
The forecast for beginning of March 2103. Maximum value 2309, while minimum 2047. Averaged index value for month 2159. S&P 500 at the end 2178, change for March 3.57%.
S&P 500 forecast for April 2017.
The forecast for beginning of April 2178. Maximum value 2311, while minimum 2049. Averaged index value for month 2180. S&P 500 at the end 2180, change for April 0.09%.
S&P forecast for May 2017.
The forecast for beginning of May 2180. Maximum value 2346, while minimum 2080. Averaged index value for month 2205. S&P 500 at the end 2213, change for May 1.51%.
S&P 500 forecast for June 2017.
The forecast for beginning of June 2213. Maximum value 2352, while minimum 2086. Averaged index value for month 2218. S&P 500 at the end 2219, change for June 0.27%.
S&P forecast for July 2017.
The forecast for beginning of July 2219. Maximum value 2470, while minimum 2190. Averaged index value for month 2302. S&P 500 at the end 2330, change for July 5.00%.
S&P 500 forecast for August 2017.
The forecast for beginning of August 2330. Maximum value 2459, while minimum 2181. Averaged index value for month 2323. S&P 500 at the end 2320, change for August -0.43%.
S&P forecast for September 2017.
The forecast for beginning of September 2320. Maximum value 2336, while minimum 2072. Averaged index value for month 2233. S&P 500 at the end 2204, change for September -5.00%.
S&P 500 forecast for October 2017.
The forecast for beginning of October 2204. Maximum value 2295, while minimum 2035. Averaged index value for month 2175. S&P 500 at the end 2165, change for October -1.77%.
GREEN- All-time High
RED- Weekly Low(s)
RED-CHANNEL- Latest Mid-Term (Daily) SHORT CHANNEL "Broken 09th of Nov 2016- Event US Presidential Elections"
Current Long Positions and looking to add for future trades.
SHORT HSBC to ZeroWell looks like HSBC is hovering 2009 financial crisis. Time has come to short them again to go to zero or so. Red line will act as resistance line. Time to re-enter.
Possible H&S on US indices compositePotential H&S; Breaking of the green trendline indicates the pattern wont form; Breaking of the red one would be entry for the set up indicated on chart (short position). Atention to the simetry between the next major support and the percentage from the head to neck line of H&S.
S&P500 - MONTHLY FORECASTHello Traders!
The very interesting situation in the S&P500 index (ES). Suppose, that the market can take a form of Horizontal Triangle (EWA/EWP HT 3-3-3-3-3) So, we will try to buy near 1-st Strong Buyer's Support and take long position at the price 1871.00 (863 843 lots). The price target - 2089.00, our hedging risk T/P - 2035.00, S/L - 1870.00 (Of course S/L 1870.00 it's the approximately price, the accurate enter to the market, will produce by the detailed EWA/EWP on 1 minute chart, using Market Profile, Volume, Footprint, Depth of Market&Order Flow analysis) If you want to see the video of our trading, be active! Subscribe and vote for us!
Sincerely yours, Powerful Traders.
