INFINITY MODELER SPX 3200 unthinkable bottomWelcome trading viewers
I present to you beyond technical analysis/axiom quantification of prices.
Maybe you think its a vodoo or something, behind the scene is complex set of modelers in conjunction to price.
Spx bottom in.. did i predict the unthinkable.. maybe i did or may be i did not
Theee years from now we will look at this chart and ponder about the magnification of our ideas.
Stop loss 2120 and target 3200 the global optimum of multi objective optimization
Us2000
US2000 Russell aims BearishUS2000 Russell aims for a Bearish target of 1520.00.
Technically.
Daily range pattern being traded off highs to previous daily lows.
Fundamentally.
This comes immediately after the Dollar gains momentum as the market digest the statement - FED RATE SEPTEMBER 2019, as the dot-plot shows no additional cuts through the end of 2020.
It also shows that ten members are forecasting flat or higher rates this year while seven expect a single further cut. Policymakers are split, and that's good for the greenback.
Dollar maintains the positive tone across the board for September Rate Decision, equities fell with the news
Russell 2000 to Lead US Equities Lower?We have what appears to be a reversal pattern here with the Russell 2000. You can call it a head and shoulders although not textbook. Again it shows a shift in trend from higher lows to now lower highs.
The neckline has been broken, and I am using the 1575.80 area as my lower high swing.
Lot of debate on what leads, the mid caps or large caps. In my experience, I have seen money flow into the mid caps first before the large caps. Again, this is just a trade to the zone I have depicted below. Like the set up and confluences we have here. Also, if more recession signs appear then the Russell will take a hit as well.
US2000 Downtrend ContinuationPrice action analysis identified US2000 downtrend continuation and short opportunity. Reversal pin bar trigger, confluence with; weekly downtrend, rejection of falling channel resistance, rejection of 50 WMA, rejection of previous horizontal support/resistance and rejection of 38% fib. Trade subject to price rising into sell limit pending order.
Back me and back to channelI haven't published anything since I took a loss 2 weeks all due to failing to see the small rebound as a breather for bear.
I did trade last week, mainly on the short side, one long on COST(which obviously failed almost immediately, this is good since it made me close fast) and shorts on HUM, KEYS, etc.
Now we are here with this big drops only problem is that Russell might want to lag this short, still last week tried to lag and drop continued good, so this might set to continue.
I also had this short channel from the beginning of the year which might be helpful now.