FX:SPX500   美国标准普尔500指数
89 0 5
Owing largely to macro global concerns and corporate earnings , I have been somewhat bearish on the market and correctly called the recent pullback.

I am in full agreement with those who believe we will test the 200DMA (2014) or possibly visit 2000 which would be a measured move on the widely discussed head and shoulders pattern current in place. If the market should fail in the near term, it might be a failure of a retest of 2059/2060 or slightly higher beneath point B at 2064.

An alternative view based upon the fact that next week is OPEX, is that the market pushes higher and forms a bearish shark at a slightly higher level. The folks at Quantifiable Edges note the OPEX week for April is particularly strong with a win rate of 63% for longs with an average gain of 2.3% and a maximum of 5.7%.

Notwithstanding MACD and other indicators rolling over, which they did last November only to see the same prices in December, it’s quite possible for the SPX             to push towards the 2091/2093 level and then retreat. This level is compelling because of the confluence of resistance, Fib extensions and channel constraints. And it would be only a modest 2% gain increase off of Friday’s close of 2048.

I’ll conclude by saying however this plays out its likely to be a maddening affair as the last time the market tested the 200DMA from above was in November of last year and it took about ten trading days to complete the task.

P.S. Dashed blue lines are fierce support and resistance .
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出