SPX trading pattern prediction for Monday June 3th, 2019

SPX trading pattern prediction for Monday June 3th, 2019

Hello traders,
For Monday, I expect a gap down and that we print a target down at 2723, from there we start a rally to a target at 2820 SPX, to be reached in few trading days!

The following chart shows trading pattern prediction for SPX, we should see an early high around 10 am and decline into a low at 10:30....

Remember, that this indicates high and lows in time and not magnitude.

Happy trading! ;o

MEJT stock market forecast 31 MAY 2019:

[youtube=https://www.youtube.com/watch?v=-EncFHA7b5U&w=320&h=266]

SPX trading pattern prediction for Monday June 3th, 2019

SPX trading pattern prediction for Monday June 3th, 2019

Hello traders,
For Monday, I expect a gap down and that we print a target down at 2723, from there we start a rally to a target at 2820 SPX, to be reached in few trading days!

The following chart shows trading pattern prediction for SPX, we should see an early high around 10 am and decline into a low at 10:30....

Remember, that this indicates high and lows in time and not magnitude.

Happy trading! ;o

MEJT stock market forecast 31 MAY 2019:

SP500 cash - expected trading pattern for Tuesday, April 16th

End of trading summary for today, Monday, April 15th:

Pattern prediction for today SPX trading, was as follow:
"The chart patterns shown below are valid for Monday's SP500 cash session trading, all seems to show an early high and late high, usually a wishy-washy day.My expectation is something more similar to the last chart here below, the one showing an early high followed by a decline to around 1pm and rally to a high at closing bell.The reason for a bearish sentiment is due to sell signals I see on daily chart."

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:

Check out 8 Minute TopstepTrader Video 

SP500 cash - expected trading pattern for Tuesday, April 16th

End of trading summary for today, Monday, April 15th:

Pattern prediction for today SPX trading, was as follow:
"The chart patterns shown below are valid for Monday's SP500 cash session trading, all seems to show an early high and late high, usually a wishy-washy day.My expectation is something more similar to the last chart here below, the one showing an early high followed by a decline to around 1pm and rally to a high at closing bell.The reason for a bearish sentiment is due to sell signals I see on daily chart."

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

S&P 500 cash trading pattern prediction for Friday, April 12th, 2019

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:

What'd You Miss from yesterday

S&P 500 cash trading pattern prediction for Friday, April 12th, 2019

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.