I still think we see some upside. It just makes sense. IF we were able to (might be a far reach but IF we were able to) get into the 430s, it would make sense in so many ways and provide just really nice setups. Dont worry about Jerome or whatever nonsense you are selling yourself a position on or that marketwatch is trying to sell you a position on or CNBC or...
Based on my calculations, Jerome Powell is going to move the markets this week..! I am pretty much sure markets will move with higher momentum after FOMC..! Which side? We will have the answer in 2 days..! Best, Dr . Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant,...
$SPY Key Levels, Analysis & Targets OK… FOMC tomorrow @ 1:30pm est. Back to the 4 hour chart… I’ve been on the big timeframes so much -which show so much- but aren’t practical for intraday… Any and all resistances are looking like a great place to add to my short… I just don’t see the bull case right now, not technically, and not fundamentally, or macro...
It looks like they want to jerk people around as much as they can. I see Baba is up 20 percent premarket. NIO is up 20 percent. Wynn is up 8 percent. They are going to do all they can to whip around as many as they can. First comes the fake move usually then the real move. Oil popped up but that’s no surprise. USO looked like a buy and I expect a gap up...
The current state of the markets appear strikingly similar to that of late '07/early '08, so that is how I am going to play it. Powell and his FED cronies have an interest rate decision this week and as history shows us, the FED seem to always do something at the worst possible time. The market always stays stagnant before the FED meetings/announcements, so we are...
Short Term Elliott Wave View in SPY suggests that the decline from March 03 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from March 03, wave (i) ended at 423.54, and rally in wave (ii) ended at 432.20. the ETF then resumes lower in wave (iii) towards 417.89, and rally in wave (iv) ended at 423.03. Final leg lower wave (v) ended at 414.00...
The recruitment of a short position by a major player is not possible by only pressing down on the instrument. To gain a position, the player sometimes with the help of a gap or a sharp upward move of the price enters. Traders open positions on a long, think that the instrument has turned, thus then when they are swallowed and go down, stop-loss orders are...
Can little bull break this micro term and go for the down gap above?
Daily Report SPY had some bullish price action today. 2% up day with increase volume. The RSI is currently breaking out. We could see a nice run up to the 435-440 level by end of this week. Since the FOMC meeting is tomorrow that could give it some boost if we get some good news. I want to note that any bounce on SPY will only be for the short term.
This chart marks previous instances of the 50 MA crossing below the 200 MA. While it sounds negative, it seems a death cross has occurred near the bottom of most significant declines.
Daily stoch on bottom starting to slightly turn up. Making higher lows Vol eh more selling buying. Weekly stoch heading south This is just a relief rally to 450 440 fail then panic sell comes in we break down huge. The stock market in real trouble HINT XLF lagging with TNX 2.00 not good Target 220 when crash done. looking shrt again 440-450 area 25 BP Rate...
1d chart shows descending triangle. Most probably going down. I know the strength is more at the end of the day moved it up. Factors: anticipation of interest rates hike.
SPY price Analysis March 15th Thank you for watching! I will post trade ideas in the next video.
There is getting to be a solid case for a significant move lower between now and the end of the month. The Hang Seng index broke down below March 2020 lows A Gap in SPY/SPX from Apr5th 2021 is looking to get filled, the same gap when the Overnight RR broke out. You know.. right...
AMEX:SPY Lost 71.8% fib at 423 so it's most likely to test 61.8% which is in the 380 zone. Death cross also formed. Bulls are in denial this is VERY BEARISH.
Inverted VIX SPY TRJEFFCRB (Commodities) This concept based on the 18.6 year real estate (land) cycle as described by economists Adam Smith, David Ricardo, Henry George, and Fred Foldvary (in that order).
I'm unreasonably confident in a hard rally to a new lower high coming soon. The market feels like it is accepting that we are in a bear market and everything will continue dropping, that usually means it will not. I'm bearish for the rest of 2022 at least, my target is 350 but I don't believe will test 400 before a decent bounce. This idea goes out of the window...