SPX500 | Bullish ContiuationBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 5,976.93, which is an overlap support close to 38.2% Fibo retracement.
Our take profit will be at 6,087.28, which aligns with 127.2% Fibo externsion
The stop loss will be placed at 5,891.77, which is an overlap support level.
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Sxp500
SPY/QQQ Plan Your Trade 7-18 EOD Wrap-up - Crush Turns BULLISHGood afternoon everyone,
I've been running around taking care of my father the last few days - but these big price rotations have been very exciting.
Can you believe how accurate my SPY Cycle Patterns have been over the past 3+ weeks?
I'm getting comments from people calling me the GOAT and saying how "galactic" my analysis has been to help their trading.
Well, get ready. Now, I'm building a new PineScript utility to help day traders. When I finish it, I hope it will be everything people want to help them stay on top of intraday price swings.
Watch this video to learn why the next three days are your opportunity to position for the next big price swing (Bullish).
Learn why tomorrow may see price revert higher before stalling into a sideways consolidation channel for about 2~3 days.
Then, on or after the 24th, we should see the SPY start to make a solid upward price move - leading to a bullish rally phase targeting the $606 level I suggested months ago.
Get ready; this is going to be an exciting price move for all traders.
And please share my videos with your friends if you like my work.
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Plan your trade for 6/18/24 - SPY researchHere is another video to help you prepare for the next 2+ weeks of trading in the US markets.
Using my specialized SPY Cycle Patterns and technical analysis, I still see the markets consolidating in a melt-up type of trending over the next 2+ weeks before moving into a strong rally phase near late June/early July.
You can see how my SPY cycle patterns help into understand opportunities and when to prepare for more aggressive trading.
Today is a Harami-Inside pattern - meaning I will be mostly sitting on the sidelines today. Maybe targeting one or two quick trades.
But tomorrow and the rest of this/next week look very solid for more moderate/aggressive trading in bigger price trends. And, I'm going to start preparing for the RALLY, RALLY, RALLY phase near July 1, 2024.
Learn how my specialized research can help you. Learn the Mechanics of Trading.
Let's go get'em.
SP-500 - Banking crisisYou might have wondered about the past ~400 days in the financial market, especially in the US and Europe. Numerous commentaries and opinions have been shared across business-related media regarding interest rates, inflation, oil prices, war, etc. Trust me; you are not alone! Even the most distinguished economic Nobel prize winners have yet to learn why the economic indicators are still stable with so many factors in place. You might have heard of the recent banking failure in the US and Switzerland and that the banking system is so strong that nothing similar to 2008 would happen. But you have yet to hear that this time is expected to be worse!!
Milad opinion:
In the next 40 days, till the first week of May, we will see multiple failures in the financial system and corporates with weak management, and we will see the tight unemployment rate finally cracking up. But this will be just the beginning of many failures to come.
To explain this more clearly, in the past 15 years, we have seen a secular bull market that has pomped the asset prices to a level never seen before, leading to an everything bubble. As a result, we have seen the tech sector and related assets grow to an unsustainable level, and housing prices soar. But this fast growth has come to an end, and in the next 40 days, we will see a downfall of significant indexes to at least 30% to begin with, resulting in a tough landing.
The bases are as follows:
The banking crisis of 1907 and 2008 indicate a massive downfall of 30% or more, starting shortly after banks' failures.
As the Fed Chairman touched on in today's Q&A, the credit market is falling, starting from Credit Swiss, and will be tightened further. This could threaten the housing market, which is already unstable.
The 1974, 2002, and 2008 crashes indicate that the final drop should occur here. The downfall for SP500 shows 30% to 41% drop in the next 40 days.
A historical unemployment rate study indicates a sudden jump in the following two readings.
The bond market inversion (10s-2s) and (10s-3months) indicate that the recession is very close.
Analyst Sentiment Measure of earnings among US companies indicates an extreme reading is coming, which means a significant drop in earning expectations.
Leading Economic Indicator (LEI) alarms for immediate recession.
ISM New orders Leading also indicates an immediate recession.
What's next?
You can see in recent weeks, the SEC has been questioning different comaniyas, cryptocurrency companies, and people.
The regulation of the cryptocurrency market has begun, next is the takeover or liquidation of private banks in favor of the central bank. Then CBDC - FEDnow Starts in June-July.
P.S if this prediction comes true, there will be a storm in cryptocurrency, and a drop below 16 is possible, I just keep it in mind.
And it will look something like this
Write your comments, send them to your friends, I really want to know your thoughts.
Thank you MIlad
Best regards EXCAVO
ES Daily Harmonic Elliott Wave AnalysisOverview: let's review the expectations on the previous update:
Completed wave c of (x) as expected and now we should head higher to form the last zigzag and complete wave b.
Update: the price action followed the expected path precisely.
Now, based on the structure, I see that we should still go higher. Wave 5 of a of (z) of b will form today, then we will have a pullback to test the broken descending trendline as wave b of (z) of b and again rally higher to complete wave (z).
What are points of interest to consider as wave (z) peak? (~4217-4253) since the update of Nov. 14th, we had 4132.75 as a potential target, which now I think is going to be surpassed.
Based on the pullback of wave a of Z, we get these points: 4208.75, 4245, 4253.
Based on the volume profile of wave a of Z, we have 4276 as a previous POC and 4217 as the VAH.
There is a very important point in this count, as I warned before, this count can turn into an impulsive wave with equal probability and validity, meaning the bottom is in (this is a fact in the Harmonic Elliott wave theory that a triple zigzag can be also an impulsice wave since they both have the same structure of subwaves). How do we know which count is playing out? for now, we don't really care, both counts point to the fact that we should still head higher and get rejected probably mid-December to go lower. The structure and extent of that pullback is what determines the correct scenario.
SNP500 Short-Term ExpectationHelp me keep on posting by clicking on BOOST! (it's like "liking")
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF (IS THE KING)
- ETC
spy level 9/12 Wicked bat pattern completedcpi completes the technicals.
Qt failing again to help with inflation.
More bad news could be ahead.
A major sell off could happen if something were to cause fear and uncertainty in the market.
Wars linger on in the East.
Winter is on the horizon and the East is a major player in natural gas.
How occur the House Debt Bubble on 2008I'm watching the past how occur the House Debt Bubble on 2008 in the Real State Housing in America. This it's S&P 500 how this economic indicator behavior during the year 2008-2009 into this worse financial crisis in North America.
So, I want to share our present situation what the S&P it's behavior now:
Ok, we're in the possible bubble financial in this high point as we forming a higher low in the market structure indicating weak in the trend. Now, if I see that S&P 500 break down the EMA 200 and make a resistance pull back below of the EMA 200, this will be the beginning of the death cross in the stock market and market crash entering in the bubble financial.
Ok, and now we're going to discuss How the S&P 500 behavior in the past?
1) We see a very similar patron formed in our present.
2) We see a higher low formed in the past indicating weak in the trend, and the recently market structure a market trap that I see in our present
3) When break down the EMA 200 and make this pull back below of the EMA 200, the financial market began their bubble financial on 2008 and crash of the financial market.
At the moment, we see the 2 criteria confirmed, and we could to entry in the exactly moment of market trap developing now.
So guys, if you want to read about how this House Debt Bubble occur on 2008, there're a lot educational content in You Tube, documental, wikipedia or blog to read and watching this past history that look very interesting to understand how this occur, the history it's very extensive to post it here. Also, there a lot content to check out in internet, and also, I suggsted to study and watch the 2 bubble in our history
1) "Crack of 29", called the bubble financial on 1929, the most famous oil financial crisis in the worldwide occur in America in the century XX.
2) House Debt bubble on 2008, called the Real State Housing crisis in America that made an deep impact in the financial market and one of the worse bubble in the history of the humanity.
I hope that this content educational support you
S&P 500: Weekly outlookS&P 500 show us a weak in the stock market where we would need to be very carefully what we look, after that Federal Reserve continue tightening the U.S. monetary policy, and also get strength the interest rates. We could to experiment a global recession. Remember: The S&P 500 measure the health of the U.S. economy, and the global financial market. What if that occur what I mark, we could to see a worst global financial crisis and more worse than 2008 (Housing crisis debt), that in that time was a horrible financial crisis in USA when housing price down. Also to take in note, we see a similar patron what occur in the world, and more worse than we can't to imagine it. i believe that you must to find up this history or find up a video that explain why this crisis occur in America, and other study case as " crack of 29", that it's the oil bubble and crisis in this past year, that you must to be prepare and know this vital information in your career as investor or trader.
Now, talking about technical analysis, I see that S&P 500 forming a higher low in this market structure indicating weak in the trend. And the currently candlestick show a weak indicating that it's moment to keep away of the stock market and sell shares, including crypto as they're in the bear market. Now ,if I see the following that S&P 500 break down the EMA 200 and make a pull back resistance in it, we could to see a strong bear market and crash of the stock market, and this it's fault by FED what the U.S. Central Bank do.
Also, in some minutes I will share a special analysis because I found out a similar patron in the debt housing crisis on 2008 in the S&P 500 that occur and past the same that we live in the present, and the past occur and it's very similar what we see in our present and how to project it in the future. This it's my prediction that I look.
So guys, I hope that this idea support you. I suggested to share this idea with everyone who need to get advice and being prepare for this possible financial crisis more worse than 2008.
S&P 500: Daily outlookS&P 500 forming a bearish Gartley pattern that I found out in Daily chart, what we could to see a bearish movement to the previously lower like 3600 pts.
Also, remember that this occur what happen what the FED could to hike interest rate right now in September put the global financial market in worst situation of the bear market. And also tightening the America monetary policy.
Talking about technical analysis, we see that S&P 500 forming a higher low in 3 occasion that maybe, I thinking that stock market could to be a possible market crash what FED do, and also cooling down the inflation rate
But now, S&P 500 show us that stock market could to be weak during the next days, and also very correlated with Bitcoin and cryptocurrencies to short this assets.
I hope that this idea support you!!!
S&P 500 GREAT OPPORTUNITY!S&P 500. We can clearly see that price has some buying momentum, looking at our doji candle stick giving us a sign of trend reversal.
Price broke our inner falling channel, with the current market consolidation price is showing some upwards momentum, Possibly heading to our resistance trendline for that magic touch, Apply proper RRR.
spx500The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. Wikipedia
Market cap: US$42.4 trillion; (as of January 3, 2022)
Constituents: 505
Related indices: S&P 1500; S&P Global 1200; S&P 100
Weighting method: Free-float capitalization-weighted
Exchanges: NYSE; NASDAQ; Cboe BZX Exchange
Foundation: March 4, 1957; 65 years ago
Half way through a distribution on S&P500?Hello my beauties.
I think S&P500 has entered a phase of distribution, volatility has increased strongly and the price seems to be reacting to a newly formed range.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX