Comments included within Chart and 'Link to Related Ideas' directory. As predicted this 2.9K range was the local top for now.
Historical bear market Fibonacci illustration comparison.
To those who believe in historical PA repetition and fractals, my analysis.
As title states, key price action levels to consider with regards to S&P500
Weekly Sequentials have met a aggressive Green 13, this signals an upcoming price reversal likely to occur. This week ended concluding a reversal Doji.
Historically examining price action on S&P500, we've got one of two scenarios unfolding currently. We could be facing a repeat of Red arrows or Green arrows.
If you are one of the traders that believes we are re-creating the 2014 market cycle, I'd expect one more drop back down (especially considering market cap has barely increased this past rally (past 1-2 weeks) indicating a fairly weak bullish rally has currently been taking place) then a continuation of price action.
Part 2 Chart illustrates the identical analysis pattern that has occurred in 2008 repeating itself again, utilizing different set of indicators from Part 1.
Chart illustrates the identical analysis pattern that has occurred in 2008 repeating itself again.
This chart represents a historical price record of $BTC sitting in exchanges carrying the omni-based cryptocurrency Tether, $USDT. Displayed here, on the left is the rapid price fluctuations currently experienced by tether, and on the right Bitfinex's premium on Bitcoin compared to the price of Bitcoin on '$USD on-ramp' exchanges such as Bitstamp- which do not...
As predicted mid-summer in my previous S&P analysis (linked below under related ideas), the US elections may have created a state of temporary panic within the US markets. Confidence being a large driver of any economic market (as seen in the Brazilian markets upon the anticipation of a capitalist president being elected), this temporary state of political...
Comments in chart. Additional comments: 20 Monthly Moving Average is now serving as resistance. 200 Weekly Moving Average is now holding the support of price in the weekly chart. Should price action trend continue, should the DAX continue its downtrend, should additional negative economic news come out of the primary countries within the European Union, this...
Comments are located in the chart. If this trend continues, I expect the Euro to finally break its major support zone as well, with Germany being a large influencer of the European Union.
US 10yr Bonds attempting a successful break out after completing a 'W' formation. Bullish T.K cross is in play now accompanied by a bullish green kumo cloud. Gonna need a full retest for further solid confirmation of future price action direction.
Where is the S&P500 since my last chart back in mid Aug, link: - Weekly T.D. Sequentials landed a top at an Aggressive13. Commonly a Green9 signals that a price reversal is approaching next. However, around this time the restructuring of NAFTA with Mexico was announced to be completed/ almost completed which drove the market confidence further than expected....