DJI indicting its in a bearish a-b-c- correction higher. Adjusted this count to be similar. Dovetails with FED goal to inject as much Volatility into the market as possible, increasing LABOR supply and reducing wages (the only mechanism the FED has left to reduce inflation ) Accept for a Recession which now can conveniently be blamed on Putin, with a US/...
Because it is sitting on top of the trading channel that it defined since the turn of the 20th century. The only time that the S&P broke above this channel was the dot com bubble. That is a pretty ominous sign if you ask me. The good news is that the S&P is still inside the blue channel that started in...
Long only after a close above 4300 Targets are shown on the chart Good Luck.
As you can see, this price channel along with it's median lines, has defined every major turning point for the past 22 years. At each touch highlighted by the white arrows there has been a significant multi-year change of direction. Noteworthy turning points on this price channel: 2000 - 2002 - Dot Com Crash 2007-2008 - The Big Short - Financial Collapse March...
I think today is going to be a big bear day. Been shorting SPX earlier in the day and backwards on these positions currently and we're now about 10 away from my stop. Adding some final positions here since I am so close to the stop out point the RR is massive. Shorting spot prices with stop 4244 Buying EoD puts for 4200 Buying EoW puts ATM Shorting calls for 4250
Markets looked through growth concerns today, and decided to take the collapsing oil price (-6.5%) as a positive, which sent growth stocks (+3%) sharply higher, while the broad market (SPX) rose 2.1% and airlines were among the strongest gainers (DAL +8.7%, UAL +9.2%, LUV +4.9%). More support came from a “positive” surprise in inflation data (PPI up “only” 0.8%...
The S&P 500 has been in a steady downtrend all year. That makes it a good time to assess the state of the index before the big Fed announcement later today. Bearish and bullish forces are battling each other on this chart. First you have the sharply falling trendline that began on January 4. This 2-1/2 month slide dragged the 50-day simple moving average (SMA)...
Currently the SPX rallying 3% would put price back at a 200d SMA. SPX closed just below/at the 50% retracement from Russia Invasion lows to local highs.
Good to time to buy. Look at almost 8 yerars back. Daily chart you can see we are capitalizing this Ukraine war. I see we are in the same place as we where during covid and 2018 crash and 2016 crash. They are all similar and provide a pivot for the next bullish wave
Contingent upon us not breaking under 4050 I am back to being a bull. Yesterday really hammered the bear set up and I think we're at the very least into a bull trap - If we rally without having made addition breaks (Which failed yesterday) I am much more bias towards us heading into a short squeeze. It may still be significantly too early to be a bear. Even if a...
Good morning! Please consult the chart above for major gamma strikes. Total dealer gamma is -803MM. Overnight a huge open interest position (puts) was build at 3000. Also investors added protection at 4000.
Good morning! Futures were pushing through 4300 overnight and thus implied dealer gamma increased by 118MM to -516MM, which should inject some much needed liquidity back into the markets. The VIX, another measure of liquidity, dropped below 30 points to the lowest level since the end of February. Future markets meanwhile imply a slightly steeper rate path...
On S&P 500 is nice to see strong buying reaction from the price 4253 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Strong volume area is my mainly...
here we go - as from predicted interested rate hike tomorrow - up we go . .and BTC will beat all !!!! . .see the bigger picture - where do you want the market to go ? . .Yes . .UP . .We been shafted . .Covid Scam ..now they are trying with the Urkaine rubbish - all designed to make YOU poorer . .fight it !!!. .UP WE GO !!!!
The direction now will move with a hight sensitive due to the interest rate, And now we the situation it will see the good session so we hope that. It’s possible will continue their upward till 4330 If can break 4330 will try touch 4400 then If the interest rate increase about 0.25% will drop to down
hello, guys, this is an opportunity to invest in S&P 500 , we can see from the trend in the past and we can see correction this time. this is the best time to start accumulating . Tradehubng.
Hourly S&P 500 (SPX) with inner planetary time cycles.