Will it break out? or will it plunge? Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future.
Head and Shoulders on the chart. Big drop expected. Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future.
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future.
WOOO HOOOO HOOOOO!!!! Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future.
Disclaimer: This information is for entertainment only, it is most likely wrong and should not be used for investment decisions as you may lose all your money...and although my name says so, I am not from the future and don't know the future.
We are right up 50-Day MA, 61.8 Fibonacci retracement, and most shorts panicked today to cover. And.. many are reversing to LONG projecting upward movement. I think it is herd psychology talking. Many are licking their wounds now after huge short covering today. Yes. It may be early to get short, but its only for those with strong hands who really want to be part...
Lots of traps up ahead. I forgot about those THREE BLACK CROWS. They look really angry now:) so angry they are RED MAD. Disclaimer: This information is for entertainment only, it is most likely wrong and should not be used for investment decisions as you may lose all your money...and although my name says so, I am not from the future and don't know the future.
This is how it should play out. Disclaimer: This information is for entertainment only, is probably wrong and should not be used for investment decisions.
Thats what may happen instead. Disclaimer: This information is for entertainment only. It may be wrong and you may lose your money investing in this idea.
It goes against all common sense. But there it is. Disclaimer. This information is for entertainment only and is probably wrong. It should not be used for investment or trading decisions. Relying on Technical Analysis is a gamble and you will most likely lose most of your capital.
This is what may be happening. Trusting Technical Analysis, Chart Patterns etc.. is a lottery. There is a good case for LONG and for SHORT. Nobody can predict what will happen. It is a coin toss. Disclaimer. This information is for entertainment only and is probably wrong. It should not be used for investment decisions.
The third leg down looks weak. We closed the week with a green candlestick. This does not make a strong case for shorting anymore. Compare with two previous legs down. What may happen next week is a 50/50% lottery. And it is a green hammer too.
Please look at the second chart of SP 500 Futures. There is more price action and it is more clear that the 50 and 200-Day moving averages act as a support and potential resistance.
This is SP 500 Futures chart. There is more price action here than on SPX. 50 AND 200 Day Moving Averages Provide Support and Resistance. Moving Averages are important because they are commonly used by program trading. They can be calculated, so programs/algorithms use them for sure. You can't calculate trend lines.
SP FUTURES SHOW VIOLENT SELLOFF!. WOOOO HOOOO!!! :) Too bad I can't post here SP Futures or SPY chart. Does anyone know how to do that? Can you tell me simple instructions?
We are still in a bearish continuation channel. SPX does not show price action after hours. This channel was drawn based on SP 500 Futures price action. We are at the upper resistance line of a trading channel. Pullback is expected. Disclaimer: This information is for entertainment purpose only, may be incorrect and should not be relied on for investment decisions.
Will it break to the upside, or will it go down? In the face general market decline, possible US tariffs on EU automakers, and a possibility of recession in general, It is difficult to bet for upside breakout. Disclaimer: This information is for entertainment purpose only and should not be used for investment decisions because it may be incorrect.
This is on a hourly chart to see it from a larger perspective. There is simply no reason to be bullish.. Its actually FOOLISH TO BE BULLISH! Disclaimer: This information is for entertainment only, may be incorrect and should not be relied upon to make investment decisions.