VOO trade ideas
$VOO $SPY S&P500 Potential Running Flat Wave 2I've been seeing many bear charts lately but many of the large-cap stocks that make up the S&P500 have already made big corrections in the previous Wave 4 of a higher degree back in December. It's true that the Wave 4 correction in the SPY was fairly shallow, but 0.236 - 0.386 are still high probability areas.
Many of the bear counts for the S&P are valid EW counts but until price action changes, I believe this current explanation has a higher probability of playing out.
Daily VOO stock price trend forecast analysis18-Jul
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Rising section of high profit & low risk
S&D strength Trend: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong rises.
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening selling flow when stock market opening.
read more: www.pretiming.com
Forecast D+1 Candlestick Color : GREEN Candlestick
%D+1 Range forecast: 0.4% (HIGH) ~ -0.2% (LOW), 0.2% (CLOSE)
%AVG in case of rising: 0.7% (HIGH) ~ -0.1% (LOW), 0.5% (CLOSE)
%AVG in case of falling: 0.1% (HIGH) ~ -0.6% (LOW), -0.3% (CLOSE)
VOO Market OutlookWave 5 looks to be in with bearish divergence on 30 minute. Looking for a retracement to 0.5 or 0.618 before starting Wave 3.
VOO S&P 500 ETFAdapted from some other charts for the S&P index, as well as CNBC analyst Todd Gordon, this is a simple play to profit off a possible inverse H&S pattern in the coming months. If we see a test of the Ichimoku cloud on this ETF we can expect a break above the cloud and a possible re-test of all-time highs. This is tricky though, because we are trading below the 200 MA and this pattern looks eerily similar to the H&S pattern in March 2018, where we were trading above the 200 MA but went down to touch the 200 MA. See link below.
www.cnbc.com
For personal use only, not trading advice.
VOO Levels - 11.11.18Could open either way here - but needs a sizable bounce to break through the descending trend lines as current volume continues to lead pressure down.
Work smarter not harder.Glorious buy signals for the VOO. I believe we track upwards towards another sell off around Dec-Feb. Price target of 268-275 for an exit. I would be hesitant to ride this to new AHs. In the same breath, I'll be placing rainy day funds in here. Cheers
Potential Juicy LevelsI think it's time we pay for those tax cuts we already gave to all the companies that own all these shares, isn't it? This could get ugly fairly quickly. Jan will decide if the rally is back on or if we are heading towards new lower levels.
Resistance and Support Levels VOO October 2018The VOO has broken several key levels of support this month on heavy volume and is looking much more probable to re-test lows from as far back as April before re-testing the highs from September. Even if the trend line from April holds, which is looking less likely by the day, we won't be back to September levels until May 2019 at earliest.
Resistance Levels are Red and Key Expected Support Levels / buy targets in Green.
VOO Bounce backLooking for a bounce around 263.15 to the 10-day SMA(yellow). Bounce could start as low as 262 on our first fib retracement
$VOO Short Term Bearish - Indicators heavy - Double Top$VOO Seems to be having trouble breaking through the resistance and forming a double top, in the mean time the indicators are getting heavy and turning down, MACD is turning bearish.
Fear of trade war + little money inflow = BAD
VANGUARD S&P 500 ETF - BEARISH ASCENDING WEDGEVANGUARD S&P 500 ETF - BEARISH ASCENDING WEDGE
Pattern already closed in April 2018
Vanguard long term shortsBased in the long term tf's I'm confident we will see new lows,
lets see how it goes.
just and idea, please like or comment.
thanks.
