$spx500 trend line from 2008this is the best example chart that was 2009 - 2011 and we recently did past days.
Standardandpoors
Last 3 market crashes compared"What just happened?" Is the most common question people is asking their brokers.
The answer: Nobody knows exactly. The market just crashed like in 2015, 2011 and 2010.
Here is a comparison of the latest 3 flash-crashes:
18 August 2015
1 August 2011
6 May 2010
Even while past data suggests a price bounce, bear in mind that the sell-off could continue in the next days.
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"Know what you own, and know why you own it" - Peter Lynch
Important things to know after the S&P flash-crashJust 2 days ago I published about the very awaited correction in the S&P:
Today the picture is even darker. This looks more like a flash-crash rather than a "correction".
The most important things to know are:
That a market correction could be just what investors need .
This chart shows what tends to happen to markets after a big plunge in the Dow like this .
Also check on the three events in the next 24 hours that could determine whether the sell-off continues .
I updated my yolk and white graph to better describe what could happen next. Remember that while the long-term picture is positive, the sell-off could continue in the next hours or days.
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"Time is your friend; impulse is your enemy." - Jack Bogle
Short SPX around 2360This rally is overextended in my opinion. Again RSI is oversold, Pivot R3 broken substantially and SPX is meeting substantial resistance. Volume on FXCM and OANDA has been pretty low, and we already up 7.5% since the pre-election highs.
SPX500 MAX & MINI SHARK PATTERNSIn SPX chart there is a resistance on C point 1.13 Fibo. it can lead index to go down to one of the two D points.
long above 2105 short below 2080 at these stage spx is on a no go zone , on up side price action is sitting on big resistance around 2095 and a fib level a couple point above that and below it face as support and it quit a BIG one that have been defended for quit some time now but it will be very interesseting to see wich side it's going to actually go , on either side they are big target long side all time high short side around 1600 area would be kind of an ideal target for LONG time swing long !!
SPX500 mid to longterm SHORT bearish Cypher, longterm resistanceSPX500 mid to longterm SHORT bearish Cypher, longterm resistance
In my scenario the SP500 and markets im general might shoot their last fireworks to
have a final champagne party on Mario Draghi and the ECB 0% interest rate medication.
However the longterm resistance line from May 2015 high is coming southwards, looking to meet
our curve around 2080 levels with RSI and stochastics in the daily chart hinting at a possible deeper decline,
with 1st support being seen in the red uptrendline from march 2009 lows and the 0.23 fib support at around 1785.
Please see this information as a theoretic example and not a trade idea.
Make your own analysis and plan your trade thoroughly and well-slept.
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S&P Continues to show bearish pressure. Key 1920 line could failS&P still showing signs of bearish pressure. We've blasted through the 50/60 ema and are flirting with the 1920 which has been holding since mid 2014. Seeing a nice curve top which could indicate a downward move that may brake this line. Also showing MACD divergence. If this heads down to the 200/250 ema we may be in a full pull-back. Looking at the monthly and yearly charts we can see that we're probably do for a big pullback.
