WEEKLY FOREX FORECAST SEPT 2-6th: S&P NAS GOLD SILVER US&UK OILThis is Part 2 of the Weekly Forex Forecast SEPT 2nd - 6th
In this video, we will cover:
S&P500 NASDAQ DOW GOLD SILVER US & UK OIL
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Sp500index
SP500 Analysis 8-26Price came back to Thursday's high to take out buyers and fall during NY session.
Sell side liquidity around 5587 and lower. We could see price push lower. Have not
taken out previous day lows. Waiting for price to rally back and find rejection around 5631 or 5640 . I took some profits on the sell.
Good Luck
Risk Management #1
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Either Stock or GoldIn every analysis I have done over the years, I have said that I hold either gold or equities. I have never been in cash other than equities. These charts explain why.
From 1884 to 1970, you could buy 1 SP500 share with an average of 0.74 gold or $14.75. So there is not much point in choosing between gold and the dollar during this period because the Bretton Woods system is still in place. But the real problem starts after 1970. After the Bretton Woods system was abolished, you can now buy 1 SP500 share with an average of 2 gold coins. Yes, the stock is rising relative to gold, but it is not in a continuous upward trend, so you can buy SP500 shares with 2 gold in 1972 or 2020. But in dollar terms, things are not so good. In 1970 you could buy SP500 for $100 and in 2020 you can buy SP500 for $3000.
Therefore, when you sell a share, going for gold instead of cash may put you at a speculative loss in the short term, but in the long term you are always on the winning side.
1928 Has Begun Early, Powell Has Given In. QE 3.0
The linchpin was Japan, the Japan interest rate scare has started the panic with the FRED.
1. US Debt spiral is 34.5T.
2. US Debt Interest at 1T and the system has buckled.
3. MMF at all time high
4. Majority still believe a yield curve that has not worked since 2008 will cause a recession.
5. The USA cannot have a recession or it defaults on its debt.
Rates have to be cut and fast, MMF will start pouring into the market, cheap credit will start reinflating all assets. QE 3.0 will be commenced shortly to deal with the US Debt death spiral.
This is the biggest financial crisis around the corner, people will short it who don't understand the USD currency is about to be debased by figures we can't imagine.
This is the end game and it could last years.
Its fun speculating the deflationary crash down, where's the debasement inflationary melt up?
What's S&P500 & Why Needs a Price CorrectionThe S&P 500 (Standard & Poor's 500) is a stock market index that tracks the performance of 500 of the largest publicly traded companies in the United States. It is widely regarded as one of the best indicators of the overall health of the U.S. stock market and the economy. The companies included in the index span a wide range of industries, including technology, healthcare, financials, and consumer goods, among others. The index is weighted by market capitalization, meaning larger companies have a greater impact on the index's performance.
Why SP500 needs a Price Correction?
A price correction occurs when the value of a stock or a market index, like the S&P 500, declines by a certain percentage, typically 10% or more, after a sustained period of upward movement. Corrections are a natural part of market cycles and can happen for several reasons. Here are a few reasons why stocks may need to go down in order to make a correction:
1. Overvaluation:
When stocks become overvalued relative to their earnings, assets, or growth potential, a correction helps realign prices with their intrinsic value. Investors may have driven prices too high due to speculation or overly optimistic expectations, and a correction brings valuations back to more reasonable levels.
2. Market Euphoria and Excessive Risk-Taking:
When the market experiences excessive optimism, driven by factors like low-interest rates, easy access to capital, or speculative trading, it can lead to inflated stock prices. A correction serves as a reality check, reducing excessive risk-taking and bringing prices back to sustainable levels.
3. Economic Slowdown or Uncertainty:
Economic indicators like GDP growth, unemployment rates, or consumer spending can signal a slowdown. If the economy is weakening, companies may struggle to meet earnings expectations, leading to lower stock prices. A correction allows the market to adjust to a new economic reality.
4. Interest Rate Changes:
Rising interest rates make borrowing more expensive and reduce corporate profits, which can lead to a market correction. Higher rates also make bonds more attractive relative to stocks, prompting investors to reallocate their portfolios, leading to downward pressure on stock prices.
5. Profit-Taking by Investors:
After a strong market rally, investors may start taking profits, especially if they believe prices have peaked. This selling pressure can lead to a correction as stock prices adjust to lower levels.
Conclusion
Corrections are a necessary and healthy part of the market cycle, helping to prevent bubbles from forming and ensuring that stock prices reflect the underlying fundamentals of companies and the economy. Although corrections can be unsettling for investors, they often create buying opportunities and contribute to the long-term stability of the market.
S&P 500 / It's beginning to look a lot like rate cutsIt's beginning to look a lot like rate cuts
S&P 500 Technical Analysis
The price is currently consolidating between 5620 and 5675, awaiting a breakout.
Bullish Scenario:
Stability above 5620 means will touch 5642 and above it 5672
Bearish Scenario:
If the price remains below 5620, it could lead to a corrective move down to 5584.
Key Levels:
- Pivot Line: 5620
- Resistance Lines: 5642, 5675, 5700
- Support Lines: 5584, 5553, 5525
Today's Expected Trading Range: The price is expected to fluctuate between 5584 and 5675.
Trend: Bullish momentum
SP500 Analysis 8_21Price is looking to try and reach previous day highs but is struggling. Looking for shorts
below 5600 level to take to Monday sell side liquidity. Bulls have been pushing price higher last 2 days. will see what happens around 10 am.
Good luck trading. Risk Mngt.
Check my profile for more info.
SPY S&P500 ETF W-Shaped RecoveryIf you haven`t bought the previous correction:
Now historically, the SPY S&P500 ETF has demonstrated a consistent pattern where a Relative Strength Index (RSI) at or below 30 triggers buying activity.
This technical indicator, typically viewed as signaling an oversold condition, has reliably attracted investors looking to capitalize on perceived undervaluation.
As a result, these dips have been quickly bought up, suggesting a strong market tendency to rebound from such low RSI levels.
I expect the recovery to be V-shaped or W-shaped, ending the year higher.
Is SP500 strike to cover crisisDear All,
This is SP500 to GDP Ratio chart which is show us maybe we should ready for another crisis. If you compare this chart to Will500PR to GDP Ratio I have published before you can clearly see negative bearish divergence between these two that means total public traded shares do not touched higher top but SP500 index reaches higher rates; So its obvious to see a sharp shrinkage as soon as possible. See if FED can cover it by soft landing or not?
SP500 AnalysisPrice has been buying since unemployment news last Thursday August 8th, which was the
catalyst to begin the move to get buyers back in markets. Breaking last weeks high on Monday
still moving. Wednesday was choppy but still saw the Dump and Pump set up after Cpi News
that tricked out sellers and quickly went to the topside. Price can go either way. Looking to see price run up to 5494 and wait for a sell confirmation around there.
Check out my Profile for more info!!
Good Luck!. Risk Management First!
SP500 new ath before collapseSP:SPX
Last time we dropped 35% on covid pandemic
Now we have a correction 27% its more than enough
Last impulse up till 2025 November can be in a range 5500 - 6200 Take profit and exit line on my custom indicator, all lines are dynamic
Before we will see new trigger and end of 18 year property cycle
Than we will see big correction to 3200-3000 "Buy line" on my custom indicator
Based on my second indicator Market Mood we already 3 times passed white zone on indicator which called disbelief zone when the best time accumulate crypto, indexes, etc
Last impulse will be slowly but surely and will end on euphoria before disaster conflict between USA and China, hunger, new pandemic.
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Hey SPY Lovers! We are on a slow recoveringThe price touched our area of interest and has started to bounce back upwards. As you can see in the indicator, the SPY is beginning its slow strength. If you Compare the structure with the oscillator on the bottom, you will see there will be a bull run soon .
The question is: will this be the bull run we've been looking for, to reach our area of interest or even higher?
No one knows for sure, but for now, I want to show you that the SPY is starting the recovery process.
HERE IS THE KEY: We need to pay much attention to Nvidia's report because, if you remember, the last time they reported, it practically pushed all the markets to new highs!
Let's see what happens."
S&P 500 Faces Deep Retracement Amid Global TensionsThe S&P 500, after reaching an almost all-time high of $5670, has begun a notable retracement. This decline follows a "Red Monday" and escalating geopolitical tensions, particularly the conflicts in the Middle East and the ongoing war between Russia and Ukraine. These factors have contributed to the current downward trend, triggering a deeper correction.
From a seasonal analysis perspective, this type of correction is both expected and well-documented. Historically, the S&P 500 has shown a tendency to experience retracements between July and the end of October, regardless of its preceding bullish trend. This pattern suggests that the current decline may not be an anomaly but rather part of a predictable cycle.
Investor fears and potential misinterpretations of the broader economic scenario could exacerbate this retracement. The psychological impact of global conflicts and economic uncertainty often leads to heightened market volatility and increased selling pressure.
Technically, we have identified key demand areas around $5000 and lower at $4900. These levels could serve as potential support zones where buyers may re-enter the market, providing a possible halt to the decline. Given the current market dynamics and seasonal patterns, we are strategically looking to open a short position, anticipating further downward movement in the S&P 500.
In summary, the S&P 500 is undergoing a significant correction influenced by global geopolitical tensions and historical seasonal patterns. While this retracement aligns with expected trends, it underscores the importance of careful market analysis and strategic positioning in response to evolving economic and geopolitical factors.
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SPX500The S&P 500 is showing a stair-step upward movement, primarily rebounding during non-active U.S. trading sessions. Key factors to watch:
- The market tends to recover when the U.S. session is closed, and corrects slightly when it reopens. This is due to residual selling pressure from retail investors during active hours.
- Strong resistance is seen around 5400 points, where previous declines started. A potential pullback to test support around 5100-5200 would create an ideal setup for a more robust rebound.
- Potential Iran-Israel conflict could create short-term volatility around August 12, potentially triggering a market pullback.
- Upcoming data on August 14 will influence market movements. Expected low inflation supports future rate cuts, providing a favorable environment for long-term growth.
S&P 500 is gonna fall soon!!As you can see the rising wedge has broken and now price can fall to PRZ zone . the safe zone for s&p500 is's $5000 .
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
US500, NASDAQ at KEY level The price is currently at a key level, testing both support and the trendline.
1. Bearish Scenario (Breakdown):
- If the price breaks below the support level, it may indicate the beginning of an ABC correction in the Elliott Wave pattern.
- Action: Open a SHORT position with a smaller lot size.
- If the price then retests the broken support (now acting as resistance), you should open another SHORT position with a larger lot size.
- Target Levels: The price could initially drop to 5300 and potentially further to 4930.
2. Bullish Scenario (Support Holds):
- If the support holds and you observe bullish price action (e.g., long needles at the bottom of the candles), open a LONG position.
- Action: If the price forms a higher high and a higher low, or breaks above the resistance at 5560 and retests it, you can add to your LONG position.
Fundamental:
Recently, a technology crisis impacted Microsoft and several other companies' stocks. However, it appears that they have managed the situation effectively, suggesting a potential price increase. Despite this, the Volatility Index (VIX) keeps increasing, indicating persistent fear among investors. As a result, there is an equal 50/50 chance of prices moving either up or down.
SP 500 target 5830 by sept 3thThe chart posted is the sp 500 since we have and ABC decline that ended ??? I would thing this formation that I have posted would make it clear I said we have an issue at 5545 to 5562 ,I am waiting to confirm . But The math comes up with 5830 area 3 ways under 3 different labeling . I see us in a rally to form the neckline and then a pullback into Tuesday or Wednesday to form the right shoulder BOTTOM and then well you get the idea BTW the $yen is the low
SPx Amid Focus on Fed Decision, ADP Jobs Report, & Meta Earning Stock Index Futures Rise as Focus Shifts to Fed, U.S. ADP Jobs Report, and Meta Earnings
S&P 500 Analysis: Consolidation Expected Today
The market is poised for potential volatility as traders await the Federal Reserve's rate decision, the U.S. ADP jobs report, and Meta's earnings. The S&P 500 is expected to consolidate today, with key movements influenced by these events.
Bullish Scenario: If the price remains stable above 5,491, it is likely to reach 5,512. Breaking above this level could push the price further to 5,549.
Bearish Scenario: A reversal and stabilization below 5,491 could lead to a decline towards 5,460.
Key Levels:
- Pivot Line: 5,491
- Resistance Levels: 5,512, 5,525, 5,549
- Support Levels: 5,460, 5,438, 5,409
Today's Expected Trading Range: The price is anticipated to fluctuate between the support level at 5,460 and the resistance level at 5,550.
SPx, Bearish Area in correction caseS&P 500 Analysis: Bearish Area in correction case
The SPx corrected the price to their resistance of 5460 and as long as under 5460 means falling to get 5409, so still running and consolidating between 5460 and 5409.
Bullish Scenario:
the price should reverse and stabilize above 5460 to a bullish trend toward 5491 and 5525
**Bearish Scenario:**
The price will continue their dropping to reach 5409 and then should stabilize below that to be a downtrend till 5372 and 5346
Key Levels:
- Pivot Line: 5460
- Resistance Levels: 5490, 5525, 5512
- Support Levels: 5409, 5372, 5346
Today's Expected Trading Range:
The expected trading range is between the resistance at 5491 and the support at 5372.