Sp500short
ES_F is about to crashThere are no more higher targets for me. Here are possible lower targets.
Disclaimer: This is not financial and investment advice
Stay safe, trade safe.
Atilla Yurtseven
SPX500 - end of the line soon/ correction pendingThe 1.618 extension is fairly close, the indicators lack conviction and the price has been crawling up on low volume.
I think we should go down for a healthy correction to test the market psych. I would slowly start booking profits here and there.
ES (SP500) Short Setup (4th dec 20)Hi traders,
I'm bearish today (and monday) and you can find my targets and price action prediction on the chart.
Disclaimer: This is not a financial, trading or investment advice
PS: Remember to follow me, like and drop some comments
Stay healthy, trade safe.
Atilla Yurtseven
Interesting theory on SPY: possible ST short?Bear case (just a theory): If we take a look at time and space on this daily chart, 25 bars (35 days) for the trough-peak-trough before the election. If we take the FDA talk on the vaccine for the same whatever reason, I believe there is a possible downside of ~9% until Dec 9th, a trough-peak-trough total of 29 bars (36 days).
- Yellow trend line act as support.
- Volume has been a downtrend.
- The two overheard white trendlines represent a strong resistance on the daily and weekly charts. (candles move easier towards less resistance direction)
- Technically only tested bottom support twice (red shadow or yellow trendline), possibly the third time?
- Small rsi divergence on weekly.
Bull case: Priced in. Spy looking to break overheard trendlines or move closely with it.
- Tested the overhead trendlines three times with the last retest completed, possibly going higher. (green arrow)
- Options pricing in more downward risks but not so much upside risk. (this is normal due to the nature of hedging) pasteboard.co
- For educational purpose: www.tastytrade.com
- Some of the macros: 10yr yield steady uptrend, low vix, gold downtrend, dollar going for new low since march.
Just a theory, will keep my longs on, may just short with an option contract or two to defend downside risk.
SP500Looks like classic W bottom to me, at this level all the bulls need are some shorts to yolo short this market thinking sp500 will dump down to that bottom range 3250.
Then guess what boom to 4k lmao.
Well we shall see im in the crypto space watching the alts big boom coming soon.
I would not short here though.
Like playing Russian Roulette.
GL guys.
SPX S&P500 possible selloff? Bearish signalsI look at the indicators on both higher and lower timeframes (2hours respectively the daily timeframe) and i see strong sell signals doubled by both indicators.
It`s hard to predict the S&P, but it looks like a bearish continuation for the time being.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
S&P500 daily- Bearish divergence on RSIS&P500 daily- Bearish divergence on RSI, and hitting resistance within Broadening Wedge pattern.
The inescapable Financial Collapse; A 4-Dimensional analysisThis is the SP500 / Gold / the US Dollar / a G10 Composite Currency Index / Time / Price, all of it, all at once! - Lets call it: Universal Value. - Shall we...
This is a 2-Dimensional projection (being on a flat computer screen, after all :-) of a 3-Dimensional "Slice" of a 4-Dimensional space. - So try to visualize it. (Not as difficult as it first may seem.)
Envision a box with only 4 sides - i.e.: a tunnel - which constitutes the entire Universe, in which everything exists, and the only option for interaction with said universe is to twist the walls freely, into any desired configuration, along the tunnel's principal axis - in this case the horizontal, Time axis.
This is a broad-strokes, yet, reasonably accurate depiction of the concept of: Value. - In this case, projected onto the SP500 Index.
"How does one escape such a tunnel where one's options are duly limited (mathematically and physically) to only twist the walls of such a tunnel?" - You ask...
It is literarily impossible, so good luck with that!
Thus, cheer on, trade the hell out of it and take every last fool for everything they got! (Then run. :-)
... and just in case: There is no "Plan B"!
Here is a likely better - not "shifted" - view, ...
... of the "financial Universe" projected onto the SP500.
SPXS$4.30 double bottom could be the sweet spot or it could just fail and SP500 goes to 4000. Im watching
SP500- Time to sell it?Since the election SP500 had a good run with the price rising around 10%.
The vaccine announcement brought a lot of optimists into the market but the rally was short-lived and failed to maintain gains above resistance.
It is possible for a false break to be in place and in this case SP could drop and retest the lower boundary of the range.
I'm bearish SP as long as the price stays under 3650 zone on the daily close bases and I'm looking for a good point to entry
S&P 500 update3.660 target is still valid, but correction is required. so there are two price points below.
SP500- Hanging man in resistance, a warning for bullsAfter a nice Pin Bar in support followed by a 4 days uprun is time for the "hanging man" to give us a warning...
Friday's session was dominated by NFP's volatility and I wouldn't have paid much attention to this candle if it hadn't been in resistance.
I expect 3500 zone to be a hard zone to pass by bulls and the index could fall to at least 3200 in the next 2-3 weeks.
I'm looking for selling opportunities.
SHORT INTRADAY AT 12121 AND TAKE PROFIT AT 11925SHORT INTRADAY AT 12121 AND TAKE PROFIT AT 11925
mARKET UP ON bIDEN wIN BUTR REMEMBER HE WANT TO UP THE TAX ON TECH
ANYWAY I ONLY PLAY THE PULLBACK FOR NOW BEFORE THE FOMC/FED OR ANY NEWS ABOUT SENATE OR HOUSE FOR ELECTION
WHILE HE WILL TOUCH MY TP I WILL NOT CUT BUT MADE A TRAILING STOP
SO I ENTER WITH 2 X1 LOT
THE FIRST LOTR I WILL CUT ATR AROUND 12000 FOR FULL PROFIT AND THE OTHER I WILL PUT A STOP AROUND 12080 AND EVERYTIME IF HE DOWN I WILL ADJUST IT
SP500 - 4hr; Excellent SHORT Entry point, right here. SELL it!!Great SHORT Entry point, right here, right now -> @3360. SELL it hard!!
SP500- I maintain my target of 3kAs I said in my previous SP500 analysis, 3500 should be a great sell zone for bears.
The index reached that zone, has reversed and now is trading just above 3250 support zone.
A small rally should be expected now and bears have a new opportunity for opening trades around 3400
I maintain my target of 3k for this index and only a new all-time high would change my perspective
