S&P 500 (SPX500)
S&P 500 then and now, What next?After this huge slippage of prices today, the bullish invalidation is at $2874sh level and bullish knock back to the market will be in between the range of
3017-3050 zone.
What is expected next is break of bullish invalidation and lower side targets. A probable pull back or retest of bullish knock is possible before a fall again.
BHOOMI predicted this fall way before, on 20th Feb itself.
Read my earlier blog on different topics at niftyanalysis.in/blog
Dow Jones 26 Feb 2020 - Indian Traders & Worldwide Traders As asked by many Indian and overseas traders about Dow Jones. I updated live on social media platforms that a big bear hammer is going to strike dow jones in this week.
As I post dow jones is trading = 27410 with a low at 27402.
Support for dow = 27219-27402
Expectation
Low hit today evening or early morning tomorrow , range bound session could continue for 24 hours
My trade
I'm trying to buy this dip
S&P500 - short term volatilityLooks like October is shaping up to be a volatile month. You can play the volatility by shorting near the top and longing near the bottom of current range. Since we already bounced from the bottom of range, the next opportunity is going to be a short near the top. This play, which involves shorting a previous level of daily support which should now turn resistance gives pretty good risk to reward. Recommended risk of 2%.
S&P 500 Update #2 - A Mexican Standoff.Hi, today we are going to talk about the S&P 500 and its current landscape.
At the index, we observe a strong confluence of Gann. Such accumulation follows the narrowing of the supports and resistances of Gann. As possible trade targets, we have the Fibonacci retracement.
Thank you for reading and leave your comments if you like.
SPX 500The S&P 500 index is trading at a resistance of 2932 to 2950 respectively marked with red broken lines on the chart.
Since Sept 2018 it has fallen from this level 8 times and this is the 9th attempt. So on 4hrs chart, a close above or between 2885 and 2900 will be considered positive. Once a strong close above 2954 we can see a 50 points jump in this counter.
Gold Beats all Indexes Except Nifty and Nasdaq -Credit Cycles and Keynesian Economics : Passive Investing
The boom bust cycles need a safe haven . Indexes track micro economic transactions and the market trading on such transactions are prone to distortions of dominant traders and weak regulators . Gold becomes a hedge against the FED-Wall St nexus.
This pattern doesn't exist in Neo economies as much. Tech and Emerging Markets are tearing ahead .
Keep some gold in the estate planning ?And some bitcoin ?