optimium stop loss is 210 if you can afford it...
The TVC:SPX rose 3.2% last week finally closing above the last previous high at around 2940. This indicates to me that there are still a lot of buyers in the market, the likelihood is that price will continue to make gains in the following weeks. If there is a decline in price, a good buying area (depending on price action) to jump onto the trend will be around...
A large number of US stocks look prime for a decline technically, and we have earnings data coming out next week.
covid-19 pandemic causes world wide panic on the markets. expecting dow jones & other equity markets recover soon.
First of all, I have zero financial knowledge. I am not educated and finance is not my profession. I barely understand your language. I'm only a technical guy. Looking at charts, I have predicted some possible targets of the next stock market crash. The worst scenario begins around $2600's. Hopefully this never happens. Maybe there's only 1% probability or maybe...
The 200 EMA crossover has occurred again! This time we have positive expectations of earnings as well. A good recipe for gains. Keeping the analysis simple. Target price: 3.5+
Long SPX 500 @ 2,877; TP @ 3,000, SL your choice
Short SPX500 @ 2,948; TP @ 2,889.04, SL your choice
sell to 1276, head and shoulders formation on the daily short term movement <1 week. Stops set 1292
Long SPX500 @ 2,828; TP @ 2,950, SL your choice
From the previous idea (see attached: "Russel leading the consolidation pack") you will know that Russell in many ways has been acting as a leading indicator for US Equities. This is interesting timingwise, especially when the break to new highs in S&P and NQ occurred was not comparable in Russell. So here we are now only needing to track the 1480-1475 region....
We are in resistance territory AGAIN. Remember--Chinese industrial production and retail sales comes out overnight after trading is closed. Don't be surprised if these numbers are weaker than expected given the gradual trend of the China slowdown. If we can't get above these resistance levels today, maybe we shouldn't expect it to get done tomorrow.
US tariffs on European cars are coming, retaliations will follow. Equities globally are starting to look very soft. For now we trade within this range, plenty of opportunities to the downside with targets at 2580. Best of luck.
When this baby pops this is where I will be shorting (stop loss at ATH) and the major levels I'll be watching. Lets see how this ends up in a couple years :)
See chart and order configuration for details...
USD500 retests the confluence of R1 for the day from PP analysis and the 50-day MA, at 2626 . Meanwhile R2 is placed at 161.8 Fibonacci extension from the rebound seem in December. Hence a break above this area , 2626-2640, could shift the asset further to the upside , towards the next Resistance levels, at 200.0% Fib. extension at the round 2700 and the...
S&P500 is approaching its support at 2553 April's low , 61.8% FIb extension for December) where if sustains above this hurdle, it could potentially rise to its resistance at 2600-2630 (FE100 November retracement , 7-week Support). RSI is at 33, approaching its oversold barrier where a corresponding bounce could occur. Andria Pichidi Market...
By Andria Pichidi - November 19, 2018 USA30 has reversed off its resistance once again, at 26,000-26,777 (November's peak and latest daily fractal high, 23% Fibonacci retracement, trendline connecting lower peaks since October). It is currently consolidating around the 20-day SMA, at 25,250, after breaking below the 50- and 200-day SMA, where it could potentially...