None of dem trend lines fill the room. None of dem kicks go boom. None of these stocks can dance. Not a single one of dem stand a chance. All of dem divergences are a mess. I've seen it all before, I'm not impressed. I'm hedging my long from 2580 with a short in this price area, because too many stocks are at a risk of a trend change. Short entry: 2694 Target:...
The next 3-4 weeks are going to change the long-term trend direction of the "S&P 500". The equity index is now at the edge of the edge of staying within the uptrend or starting a bear market. On Monday, April 2, 2018 most of the European stock markets were closed and bears used this situation to drag the "S&P 500" strongly lower that day. On Tuesday, April 3 the...
The extreme selling has stopped this Friday, which increases the odds that the selling climax has been reached and shorts are getting closed before the week ends. Thereby increasing the likelyhood that next week is more bullish again. There is also a quant analysis which favors the bullish side on the Nasdaq in the next trading days, which would help the "S&P 500"...
Quote: Investors just pumped the most money ever into stock funds for a single week; U.S. stock-focused funds took in $38.3 billion in fresh cash over the past week, a new record, according to "Bank of America Merrill Lynch". Source: CNBC www.cnbc.com Quote: Widely-followed JP Morgan analyst says new market highs are coming soon. J.P. Morgan's Marko Kolanovic...
The "S&P 500" started on Wednesday to fill the open gap between March 8 and March 9 (above 2740, below 2751). This is bullish and should lead to a bounce in the next days, thereby taking the "S&P 500" higher again. But in case this bounce fails to keep the market going upwards above 2800, the idea is to hedge against further downside risk with a short placed above...
Short-term trend remains bearish despite the recent bounce. "S&P 500" futures ahead of the Wednesday cash open are pointing lower after Trump stepped up trade threats as White House economic advisor Gary Cohn resigns in protest. This increases the risk of volatility, which could cause another decline of the market. Short Entry: 2715 Stop loss: 2772 Target:...
The chance for a move up to the target of 2828 decreased in the last days, but even a move higher to only 2690 would be a win now from 2651. Reason for going long is among other things the previous 3-days of declines in a row with a larger than -1% loss each day. Which increases the odds for a move in other direction. Entry: 2651 Stop loss: 2563 Target: 2828
A important bullish turning point for the US stock market occured on Friday, February 23, 2018. Instead of increasing the growing downtrend of the previous days the "S&P 500" ended the week with a bullish push higher, thereby adding to the chance that the market continues the strong move up of the week before towards the all-time high. Due to the reason that the...
Since this Wednesday (Jan 24) the "S&P 500" is starting to get weaker and weaker. The weakness increased on Thursday even more. I remain with my overall bullish outlook towards 3000 points, which I had shared in my last chart analysis. But before the next big push higher the odds for a pullback is increasing on various momentum, rate of change and stochastic...
Price action looks like a stop loss raid of those who hedged against a pullback on Monday with a short position. Typically this leads to a sharp and fast move higher, followed by a sudden even stronger pullback at a later point in time. I believe there is a turning point in the trend this week. That's why I doubled down on my bearish outlook. Short entry: 2822...
The "S&P 500" appears to be in the "new paradigm" phase of euphoria with nothing stopping the very strong bulls in their relentless push higher and higher. With some luck the open gap gets filled with a brief sharp drop and the market continues to rally higher from there. I simply can't recommend to go long at e.g. currently 2747 points with the market being this...
Total bear annihilation! Unless the ECB comes up with something very dramatic changing the mood of the market later this week, the path of least resistance is higher, higher and higher ... and also higher. Long target: 2960 Second long target: 3050 Entry: Whenever the market does not go higher for a minute. Ideally there will be at least one pullback back down...
The Senate majority leader Mitch McConnell is making contingency plans for the growing possibility of a government shutdown ( www.fxstreet.com ). The RSI momentum indicator is starting to show a bearish divergence, after the "S&P 500" had reached my previous long target at 2800 points. Due to the uncertainty regarding the outcome of a government shutdown are...
A short-term pullback closing the recent gap below 2719 points is possible in the next days, after the market rallied beyond 2729 today. A tight stop loss is recommended in case the market makes new all-time highs in the next week. Short entry: 2728 Stop loss: 2735 1. Target 2714 2. Target: 2700 Risk to SL at 2735: 7 points Reward (1. Target): 14 points...
The "S&P 500" had a very good run in the last weeks. But a peak has formed this month below the weekly R1 resistance, as Venezuela finally and officially defaulted on its bonds (to name just one current risk factor in the news today). Short entry: 2587 Stop loss: 2597 1. Target 2537 2. Target: 2497 Risk to SL at 2597: 10 points Reward (1. Target): 50 points...
What if we get a crash similar to the year "1987" or "1957" or "1937" in the year "2017" ? Short entry: 2565 Stop loss: 2580 1. Target: 2530 2. Target: 2500 Risk to stop loss: 15 points Reward to target 1: 35 points Reward to target 2: 65 points FYI: What Black Monday, the Worst One-Day Stock Plunge in History, Would Look Like Today time.com
Scenario: No "Black Monday" crash next week - 30 years after the "1987" stock market crash. What if there is no large stock market crash in the next week and instead we get to see lots of new all-time highs as bulls keep pressing the marketing higher and higher? Based on my own research the odds for a crash next week have strongly increased going into next...
There is both a old gap from September which can be filled and the risk/reward is also interesting enough, therefore I published this bearish short idea. I have to break one of my trading rules though to come to the conclusion that the "S&P 500" is going lower, therefore the probability for the decline is low. Bulls could also breakout from here, therefore the...