Trading signals and market predictions for SPX cash sessions.
S&P500, E-mini futures, daytrading, SPX, Market forecast.
buy-sell
RISK DISCLOSURE: The risk of loss in trading commodity futures contracts can be substantial. You should, therfore, carefully consider whether such trading is suitable for you in light of your circumstance and financial resources. Any advice or information on this website is general advice only – It does not take into account your personal circumstances. Please do not trade or invest based solely on this information. This information is purely for educational use only. Past performance is not necessarily indicative of future results. Trading is not suitable for everyone.
The S&P 500 is on worrying triple top pattern and is expected to complete a sell setup following a higher weekly bar close with a higher high above 2964.15. This will result in a double sell signal:
TD Countdown sell
TD Combo sell
This higher close on weekly bar should complete this week starting July 1th, 2019.
The same triple top pattern is visible also on the Dow Jones industrial average chart. As the middle top is still the higher top, this could be described as Head & Shoulder formation.
#DJI wekkly chart
Nasdaq Composite index is telling the same story on weekly chart, where it is expected a higher closing weekly bar forming a triple top at 8164 level. That would complete the ongoing TD sell countdown (giving a blue no. 13) in addition to the previous TD Combo sell signal from early May (yellow no. 13).
#Nasdaq Composite index weekly chart
A TD countdown sell signal is also triggered on the monthly Russel 2000 chart, this signal would be perfected if we trade and cross 1670.805:
#RUT monthly chart
Volatility index, TVIX is suggesting a lower weekly bar to complete the buy setup, thus confirming the bearish scenario starting from second week of July:
Velocity ondex #TVIX weekly chart
In the following chart, the German index DAX is at triple top resistance area, on a lesser time frame chart this index is also approaching a sell signal:
#DEU30 - German index weekly chart
Notice how all the above mentioned index shows sharp V formed rallies and none of them has yet retested the lows, a common phenomena to be expected based on historical similar chart patterns. In my opinion, that is where the market will return.
Expect a sharp decline for a retest of early June lows and perhaps much lower!
SPX trading pattern prediction valid for Thursday, Mai 2th 2019
Tomorrow's pattern is expected to be the one with an early low and a late high. The early low expected at around 10:30 and most of the time followed by a rally to closing bell, ending at the highs of the day.
Trade well ;o
Here follows some typical trading chart patterns applicable for tomorrow;
Expected trading pattern for SPX, Monday April 29th
Monday's pattern is for the most of the times a trading day with an early high (around 10 am) followed by a decline to a low at around 12pm then a rally to a lower high at closing bell.
Trade well ;o
Here some examples. The last chart shows the less common variant of Monday's pattern.
Yesterday's pattern prediction for today was quite spot on: Tomorrow's pattern is the one with an early low and a late low. From the early low we rally up to a high at around 12 / 12:30 pm. From that high we shold decline into a lower closing price.
And here is what we got: 👍👍👍👌
We did really good at the trader's chat room today 👍👍👍👌 Join us tomorrow for further profitable trading calls ;o ------------------------------------------------------------------------------------------------------------------------------------
Expected trading pattern for April 25th
Tomorrow's pattern is the one with an early low and a late high. From the early opening low (does not mean we won't gap up first) we rally up to a high at around 12 / 12:30 pm. Then a short rally to a high at 1 / 1:30 pm followed by decline to 2:30 / 3 pm so a rally to higher closing price.
Hello, no comments or recap about the pattern for today, we have got the extreme opposite of what was expected and posted in this blog. We did better forecasting during today's trading on the traders chat-room. -------------------------------------------------------------------------------------------------- Tomorrow's pattern is the one with an early low and a late low. From the early low we rally up to a high at around 12 / 12:30 pm. From that high we shold decline into a lower closing price.
Today, we closed the gap on daily chart from October 3th... we should see some strong resistance at this level and make a turnaround ;o Trade well! ;o
Hello,
no comments or recap about the pattern for today, we have got the extreme opposite of what was expected and posted in this blog. We did better forecasting during today's trading on the traders chat-room.
-------------------------------------------------------------------------------------------------- Tomorrow's pattern is the one with an early low and a late low. From the early low we rally up to a high at around 12 / 12:30 pm. From that high we shold decline into a lower closing price.
Today, we closed the gap on daily chart from October 3th... we should see some strong resistance at this level and make a turnaround ;o
Trade well!
;o
Let's first recap today's chart and compare to the predicted pattern:
Monday pattern is the one with an early high at around 10 am, selling until around 10:30 followed by a rally until around 11:30 / 12pm. During the afternoon could be mixed with lower prices but also rallies until 3pm, last hour trading is characterized by sell pressure. Green part of the prediction turned out to be right while in the last hour trading we have seen that bulls was in charge. -------------------------------------------------------------------------------------------------------------------------------------------------
Expected trading pattern for Tuesday, April 23th
Tomorrow pattern is expected to be the one with an early high and a late low. Tend to be often (not always) a weak day and tomorrow can be a sell off day. I expect a sell-off to a low at 2pm, rally to a high at around 3pm and new decline to a low into closing bell.
Let's first recap today's chart and compare to the predicted pattern:
Monday pattern is the one with an early high at around 10 am, selling until around 10:30 followed by a rally until around 11:30 / 12pm. During the afternoon could be mixed with lower prices but also rallies until 3pm, last hour trading is characterized by sell pressure. Green part of the prediction turned out to be right while in the last hour trading we have seen that bulls was in charge. -------------------------------------------------------------------------------------------------------------------------------------------------
Expected trading pattern for Tuesday, April 23th
Tomorrow pattern is expected to be the one with an early high and a late low. Tend to be often (not always) a weak day and tomorrow can be a sell off day. I expect a sell-off to a low at 2pm, rally to a high at around 3pm and new decline to a low into closing bell.
The S&P 500 has in addition to all the recently mentioned sell signals a hidden bearish divergence on the 4 hour chart. This sell signal has high reliability status.
The 4 hour SPX chart below shows clearly a sell signal as the oscillator makes a new higher high while price makes a lower low.
TD trend-line shows also a projected price target down at 2888 SPX cash!
The S&P 500 has in addition to all the recently mentioned sell signals a hidden bearish divergence on the 4 hour chart. This sell signal has high reliability status.
The 4 hour SPX chart below shows clearly a sell signal as the oscillator makes a new higher high while price makes a lower low.
TD trend-line shows also a projected price target down at 2888 SPX cash!
And here follows today's chart right after closing bell. We can see here as predicted, an early high and a late high. We had also a decline to a low at 12:10 followed to the expected rally into closing bell. Amazing! ;o
Expected trading pattern for Tuesday, April 16th
Tomorrow we can expect trading to start with a move down to an early low, from 10:30 to 11 am a change in trend that brings the index up to a high around 1pm followed by a move to a low at around 2 or 2:30 pm then a rally to a high at closing bell. Trade well and put always first your protective Stop Loss! ;o
Following charts represent similar patterns to what we can expect tomorrow:
And here follows today's chart right after closing bell.
We can see here as predicted, an early high and a late high.
We had also a decline to a low at 12:10 followed to the expected rally into closing bell.
Amazing! ;o
Predicted pattern for today, Thursday the 11th of April was the following:
"The expected pattern is the one with an early high (not considerable gaps observed), followed with lower highs into closing bell... tend to be a negative day"
And here follows today's chart with the early high with lower lows a negative day for most of the trading day but we managed to close UNCH.
S&P 500 cash trading pattern prediction for Friday, April 12th, 2019
Tomorrow's pattern is expected to be the one with an early high and a late high.
It tends to be a strong rally day if it opens with a gap up (that is what I expect).
Here follows some typical charts with patterns valid for tomorrow showing early high and late highs:
Predicted pattern for today, Thursday the 11th of April was the following:
"The expected pattern is the one with an early high (not considerable gaps observed), followed with lower highs into closing bell... tend to be a negative day"
And here follows today's chart with the early high with lower lows a negative day for most of the trading day but we managed to close UNCH.
SPX trading pattern for Monday, April 8th / 2019 is expected to be the one with an early low, decline into 10:00, rally to a high at around 1PM, decline to a low at 3PM followed by a rally to closing bell at 4 PM1(14:00).
The pattern described above should be similar to the 2 following earlier trading days:
