S&P500 Trading planPattern: Channel Up on 1D.
Signal: (A) Bullish as long as the Higher Low trendline holds (B) Bearish if the 1D MA50 breaks (ideally when the MACD makes a bearish cross too).
Target: (A) 2990 (contact with the 1D MA200) and (B) 2470 (the nearest Support).
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Most recent S&P signal:
Us500signals
S&P500 Does Unemployment rate point to a Dotcom/ Subprime CRASH?Following the attention that my recent Dow Jones/ S&P500 ideas got (you can find both at the bottom of this study) in relation to a potential market crash, I thought it would be a good time to look look at how the stock markets (S&P on this particular study) went by in times of sharp increase on the Unemployment Rate.
** Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Since 1970 every sharp rise on the Unemployment Rate has resulted in a sharp stock market crash with the exception of 2 times. In total we've had 8 sharp rises on the Unemployment Rate, 6 resulted into a strong market crash and 2 had stocks unaffected (even rose).
At this point I want to bring forward the fact that during the last two Bear Markets (Dotcom, Subprime), the Unemployment Rate crossed above its MA50 (see the chart that follows). That is something it has already done this time.
Does this mean that we have just initiated a new Bear Market similar to that of the Dotcom and Subprime market crashes? I am very interested in reading your opinion on the matter. Feel free to share your work and let me know in the comments section!
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* Related ideas on S&P and Dow Jones:
Pre-market Futures Short 17:11:14 (UTC) Sun Apr 26, 2020Pre-market Futures Short
17:11:14 (UTC) Sun Apr 26, 2020
SPX500 SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Market-Sell: 2796,00
Stop-Loss: 2830,00
Target 1: 2759,00
Target 2: 2727,00
Target 3: 2680,00
Stop-Loss: 34 pips
Risk: 1-2%
Risk-Reward: 2,57
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
S&P500 Is COVID just a bounce inside the Channel?** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Well as you see the chart is pretty explanatory. I want your thoughts on a simple question. Was the sell-off driven by the COVID pandemic just a necessary technical bounce inside the multi-year Channel Up that started at the bottom of the 2008 crisis?
So far, even though the 2200 bottom marginally broke it, we have stronger evidence with the recent weekly rally that the trend is still bullish within the Channel Up.
The Megaphone that has emerged can be seen as similar to the one that preceded it in 2014 - 2016. Maybe now the index will continue upwards but on the lower part of the Channel Up. Notice how the RSI was descending during both Megaphones.
What do you think? Was that just a bounce? Looking forward to your opinion.
S&P500 Trading planPattern: Channel Up on 1D.
Signal: Initially bearish towards the Higher Low trend line of the Channel Up as the Rising Wedge that was supporting broke downwards. (A) If the Higher Low trend line holds it is bullish on the short term. If the 2625 Support breaks, it is bearish. The region in between those is a neutral zone.
Target: (A) 2800 (roughly where it can meet with the 1D MA50), (B) 2450 (just above the next Support).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
US500, SPX Head and Shoulder 06:49:45 (UTC) Wed Apr 8, 2020US500, SPX Head and Shoulder 06:49:45 (UTC) Wed Apr 8, 2020
S&P500: CHANCE OT THE YEAR?Hey tradomaniacs,
corona....corona...corona reigns?
We`ve seen so many quick showdowns during the past years the market has always recovered from.
Is this the DIP we should buy?
Looking at the chart we can see it is a nice opportunity to buy the DIP of the correction.
Technically delicious but very risky since the corona-virus seems to cause a market that does not really care about supply and demand-levels.
What do you think?
I will give it a try. ;-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
short at 3002.5 for possibility double top monthlyi short it at 3002.5 spychological level for 2 different way
1 possinility of double to monthly
2 investor will go on holidays like cannes,monacao,french riviera ect..so will cut them profit
AND IS OKAY POWELL MADE IT UP BUT WHAT ABOUT CHINA HE SAY HIMSELF IT WEIGHT ON US..TCHH
anyway every 1 tp taken i adjust my trailing top to the first tp
i no made a Stop los on this trade as my trailing stop will do it alone
also is much overbought in short time so my first tp can be reached and made my stop at near my entry point