Wallstreet
S&P 500 Daily Chart Analysis For Week of August 25, 2023Technical Analysis and Outlook:
The Spooz rock and roll to the upside in this week's price action, hitting our Mean Res 4460 as advertised in Daily Chart Analysis For the Week of August 18 with rinse and repeat, is not out of the question. On the downside, price action continues targeting our completed Inner Index Dip 4340 for a retest and drift further down to the next Inner Index Dip 4212.
Using Fear to Invest Long-Term 📊🐻 🔍 The Wall Street Cheat Sheet: Imagine having a cheat code for the stock market. Well, the Wall Street Cheat Sheet is like that – a graphical representation of market cycles that occur over time. It's a visual guide to help you navigate market sentiment.
📉 Market Fear: When markets are gripped by fear and uncertainty, it often leads to panic selling. This can push prices down to levels that might not accurately reflect the true value of an asset. This is where the smart investor sees opportunity.
🐻 The Best Buys: According to the Wall Street Cheat Sheet, the best time to make long-term purchases is during the "Desperation" and "Capitulation" phases – when fear is at its peak. These are the moments when bargains can be found, setting the stage for potential gains as sentiment stabilizes.
💡 The Contrarian Approach: The strategy behind the Wall Street Cheat Sheet is to adopt a contrarian mindset. While the crowd panics and sells, you're calmly assessing undervalued assets that have solid long-term potential.
🚀 The Long-Term Play: Why does this strategy work? Historically, markets have shown resilience and a tendency to recover after periods of fear. By buying during times of maximum pessimism, you position yourself to ride the waves of recovery.
So, what's the takeaway from the Wall Street Cheat Sheet strategy? 📊 It's about recognizing that market fear can create opportunities for patient and strategic investors. Long-term buys during moments of extreme pessimism can set the stage for potential future gains.
Stay curious, stay patient, and remember – while market fear might create ripples, it also lays the foundation for potential long-term rewards. 🚀📈
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S&P 500 Daily Chart Analysis For Week of August 18, 2023Technical Analysis and Outlook:
This week, the Spooz index finalized its down move by completing the Inner Index Dip 0f 4340. However, a strong rebound is possible with Mean Res 4460 as a primary target. On the downside, price action might churn about the completed Inner Index Dip 4340 and Mean Sup 4330 before taking off to the upside. Notwithstanding, if all fails, the market will take us to the Next designated target of Inner Index Dip 4212.
US30/DJ30/WALLST UPDATES
Hello traders , Since this posted. price exactly goes at bottom, PRice reacts in the last sesssions last friday, im expecting bounce back at the last point of supply or it will dive back to below to our main trendline.
This idea base on the wyckoff supply sell off.
If price goes back to the supply zone. Then we might see a sell off again.
if not. and they reaccumulate on the previous friday low. then we might see our original idea at 16000 price target..
Trade at your own risk. exact numbers are for reference only
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This is not a financial advice.
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S&P 500 Daily Chart Analysis For Week of August 11, 2023Technical Analysis and Outlook:
The Spooz index continued this week to drop to fulfill its destination of Mean Sup 4403 and the possibility of Mean Sup 4330. However, another jump toward the newly created Mean Res 4520 level is also possible in this unconventional market.
S&P 500 Daily Chart Analysis For Week of August 4, 2023Technical Analysis and Outlook:
The Spooz index experienced a significant drop as a result of the Inner Index Rally 4590 reaching completion last and this week's trading session, respectively. This caused our Mean Sup 4534 and 4507 to be eliminated. It seems likely that the index will continue to decline, potentially reaching our next Mean Sup 4403 and even Mean Sup 4330. However, it's important to note that there could be a Reignited Rally Resumption at the solid and strategic Mean Sup 4403 level, as this week's trading has been heavily oversold.