Usmarket
SPY and S&P-500 - time for speculative short?TVC:SPX and AMEX:SPY are still forming triangle, and when it breaks we can expect that move in the direction of the breakout would be rather strong.
Nevertheless, for low risk entry (though also with much more uncertainty), trade may be attempted right now with stop just above previous high @294 and target as far ~275 area.
Again with such tight stop the failure rate is likely to be high, but potential reward is rather huge if succesful
Waiting for the market to catch up with reality..Nice running flat formation here. The .786 doesn't seem to be holding so the best target is the 1:1 (which is typically a standard target).
Could happen tomorrow or Wednesday, when the fed's July meeting minutes are reported. I'd recommend getting into position by tomorrow though because we could have a big jump in the opening price on Wednesday.
Target = $15.25
Big drop incoming. Wave 4 correctionAs you can see, I don't think the world is ending as many have said, although we are about to see the large drop in the market continue into 2020 and possibly for the next year or so.
I recommend using the VIX to make some money as that has been working for me because you can profit off of people's overreactions.
I have my retirement plans completely in cash until this shakes out and suggest all do the same. If I could put it in gold and silver I would.
We will break up to all time highs again most likely, but I don't see any reason to risk it and stay in the market right now.
The real crisis will come once we reach wave 5 at the top. That could be a dollar crisis or war of some kind that will bring the market back to fair value like in 99' or 08'.
Overall view of NAS100 or US markets - Update of June 24thAfter a retest of the resistance zone that carries the high of the year and the all-times high as well, US markets are subjected to selling pressure. Volatility is to be expected at the end of the week with US major news like the initial jobless claim, the GDP annualized or the G20 meeting. NAS100 and its correlated pairs are likely to move to the support zone unless they are brought to @7720.0.
Possible targets: @7500.0 (+1200pips or 120.0 per unit)
Advice: Stay bearish and sell at any high points while we don't break up the @7720.0 level.
DOW JONES INDUSTRIAL AVERAGE DAILY CHARTDOW JONES INDUSTRIAL AVERAGE DAILY CHART
10th October, 2018
Back in July 26th we expected the recent sharp
drop. As showing in the chart this could be or even
get better level to buy for eventual all time high target
around 28000 area during the forthcoming weeks.
Is th NASDAQ, S&P and Economy to experience a HUGE reset soon? This is the NASDAQ graph ranging back from the late 1980's. We are due for a HUGE market correction.
Prepare for one of the worst financial and economic crashes the U.S. has ever experienced with the next year or 2.
We will see a lot of market upside for the next few months - year. Once this over extended market completes its cycle, phase 5 should take place and as fast and extreme as it went up.
Remember that when President Obama was first elected in 2008, the U.S. debt was approx. $8 Trillion.
We are currently at about $21.3 Trillion in debt today.
Where is the US stock market headed?I've done ideas on the DJIA and the SPX, but I haven't really looked at the entirety of the US market. My prediction is in the chart. I put my thoughts on why it would go down on my ideas on the indices. I think it'll be a mix of political factors (Trump's idea of tariffs), people moving to bonds, and overall fear of the market as it has stayed bullish so long.
Tell me what you think below,
-Kristian
Dow Jones (2/11/17) *Living DangerouslyDo you like to live dangerously? If the answer is yes, you can work on this set up.
Potential short set up is forming in Dow Jones and it is counter trend.
You can make money but it carries much risk too. Trade extra small.
This is the kind of suicide trip but it can get paid well too.
23,000 as ultimate target.
Trade Safe,
s0nic
DJIA/DOW JONES BULLISH PROJECTHello, everyone!
Dow Jones INDEX:DJY0 is forming the bullish wolfewave.
If the price goes South within the indicated borders of FIBO fan (38.2-61.8), it'll shape the classic WW pattern which represents an interesting opportunity as potential long setup.
GL All and profitable week!