Thanks, fayq!
Previous thread:
S & P 500 futures.
46 responses |
Started by mikempt - March 31, 2025, 10:17 a.m.
https://www.marketforum.com/forum/topic/110810/
Moody’s downgrades United States credit rating
Started by metmike - May 17, 2025, 6:30 p.m.
BINGO!
now going lower for now ===2 down grades earlier one in2011 and 3nd was in2023 ----- projected low in short term ===5702 or lower to;; end of may Eelier June
Thanks, fayq!
https://tradingeconomics.com/united-states/stock-market
1. 1 week-sell signals-news is dominating again
2. 1 year-hitting resistance and selling. All time highs February 19, 2025.
3. 10 years-long term trend easily intact. Major support way down at the April 8, 2025 spike low from Trump's tariff news close to 5000. Its going to take a ton of really bad news to trade that low again.
https://www.marketforum.com/forum/topic/112084/
50% tariffs on EU starting June 1
Started by metmike - May 23, 2025, 8:13 a.m.
Mr. Pathological thinker has just come out with another deranged decision:
https://www.newsweek.com/trump-will-impose-50-tariff-eu-talks-break-down-2076307he
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https://tradingeconomics.com/united-states/stock-market
Also a 25% on Apple unless they move to the US.
https://www.cnn.com/2025/05/23/economy/trump-threatens-tariff-apple
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https://tradingeconomics.com/aapl:us
1. 1 day
2. 1 year
3. 10 year
Gann & Planetary Insight with Wave Count Breakdown
Today's market action respected key astro-technical levels, reaffirming the importance of celestial signatures in market behavior. The 5756 level continues to act as a foundational support, aligning closely with significant planetary signatures. Notably, 5760, representing the Zero Aries Point, and 5756, corresponding to 26° Pisces, both held firm — reinforcing this price zone as a critical Gann-planetary confluence.
With the market now approaching 5939, this level becomes pivotal. A decisive break above 5939 would open the path toward 6065, marking a potential new wave high in alignment with our current wave count projection failure invalidation above 5939** for lower side 5832 break is important ---wave direction
We initiated short positions in the 5912–5923 zone and continue to hold them while the structure unfolds. Our positions are protected with pre-defined stop-losses, maintaining disciplined risk management as emphasized in yesterday’s commentary.
Tomorrow's focus shifts to the FOMC minutes, which could act as a significant time catalyst. Additionally, any major earnings releases may introduce volatility and directional momentum. We’ll continue to observe planetary influences and Gann levels in relation to these events, particularly how price behaves around the 5939 threshold.
As always, we are actively managing risk, staying on the right side of the market, and allowing the waves to unfold with discipline and precision.
Thanks very much, fayq!
Previous thread:
50% tariffs on EU starting June 1
Started by metmike - May 23, 2025, 8:13 a.m.
https://www.marketforum.com/forum/topic/112084/
https://www.marketforum.com/forum/topic/112084/#112148
Re: Re: Re: 50% tariffs on EU starting June 1
By metmike - May 26, 2025, 8:56 a.m.
I have no idea where we are headed next! The market won't stay down on what is potentially bad news but there could be some really bad news ahead that can't be ignored.
The stock market is a self fulfilling prophesy market. If the composite man(in Wycoff terminology-everybody in the market) believes a market is going up..........by virtue of the buying because they believe that.........it does go up.
https://www.sciencedirect.com/topics/psychology/self-fulfilling-prophecy
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1 month below. Breaking out to the upside of a bull flag? Trump could do something to alter that.
https://tradingeconomics.com/united-states/stock-market
Short term, upside breakout from a bull flag/pennant? May 19/20 highs need to be cleared to confirm.
https://tradingeconomics.com/united-states/stock-market
Court blocked Trump's absurd tariff's. The market likes that!
https://tradingeconomics.com/united-states/stock-market
1. 1 day-once again, a news spike
2. 1 month-adding to the upside break out from the bull flag mentioned in the previous post. New uptrend
3. 1 year: Upside breakout, closing in on the February highs??
4. 10 years: Violent, knee jerk spike down on tariff news but the uptrend continues to steepen in the parabolic move up!
Tariff's news is dominating trade.
We couldn't hold the spike higher from the court ruling to block Trump's tariffs.
Still have a short term uptrend.
https://tradingeconomics.com/united-states/stock-market
1. 1 week-almost a reversal lower
2. 1 month-possible short term double top
3. 1 year-possible bull flag-target is still the Feb all time highs-failing to test
4. 10 years-The trend is your friend........but stocks are extremely overvalued up here!
Very often, like right now interpreting price charts is guessing before the formation is complete/confirmed.
