Heartbeat_Trading

SPX: Bulls Take the Stairs; Bears Take the Elevator (part 2)

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Heartbeat_Trading تم تحديثه   
SPREADEX:SPX   SPX 500, Daily
Ok we are nearing the top floor of this trip

Our trip down will be a little more "hurried" than our trip up

Buckle Up!

P.S. if you don't like to ride the elevator down then there is another one about to head up over on TLT :)
تعليق:
Critical junction for the market up ahead

Are you ready?

تعليق:
Market crash in progress

Buckle Up!

تعليق:
Ok looks like we were wrong...for now

The market decided to change its mind on crashing right now and instead head to new all time highs

A pullback is imminent so looking for the Fed news this week to provide a catalyst for that move lower

How that move takes shape will decide the rest of 2024 and beyond

With that said even if we get new ATHs the ultimate fate of the market is the same...a depression level environment that sees the S&P500 at sub-2000 levels.
تعليق:
if we get new ATHs this is where we should top

Again, new ATHs do not change the ultimate destination...just means we decline from a higher price.

تعليق:
Looking for an extremely imminent pullback in the S&P

Ideally 1st support will hold and then we head higher to new ATHs

Ultimately the 2nd support needs to hold if we want to see those new ATHs

Any sustained break of the 2nd support opens the door to much larger sustained downside risk

BUT REMEMBER: Even if we get new ATHs the destination over the next 5-8 years is SUB 2000 with expected levels reaching as low as 666-1500 spx

تعليق:
If Support holds then we should head toward ATHs

If Support breaks we will head towards 4600

تعليق:
Highly suggest you take note of the Targeted Topping Zone

Market structure is suggesting that we may not get too far above that zone on this move.

In fact we may not break that zone at all

Essentially we are saying if you look at what we have been predicting with the broad markets price may not touch this zone again for a decade

Trying to sound the alarm here

We sincerely hope this analysis is wrong because we are not sure the vast majority of people understand the true nature of what we are facing in this country and throughout the world

Please Please Please get prepared

تعليق:
Get Ready!
تعليق:
Tweaked the targets a bit

تعليق:
ALERT!!!

The break of the 5100 level today and the move lower is the huge sign that a major top has been established in the market

BUT even if new All time highs are made we still think the market will find a major ceiling between 5300 and 5400

تعليق:
Near term expectations

تعليق:
Lets see how this plays out

تعليق:
Market generally progressing as expected.

Its possible all of Wave (C) is complete but the market appears to still want to rally a bit

Lets see

تعليق:
Zooming out a bit to better see the move we are tracking

تعليق:
Ok its pretty clear to us where price is most likely headed

Slightly tweaked the count.
تعليق:
CRITICAL MARKET SUPPORT AREAS

The market appears to be setting up for a significant downturn

We are expecting that downturn to begin by the end of this week/ early next week

This could be really ugly

PLEASE TAKE CAUTION

تعليق:
CRASH ALERT!!!

BE CAREFUL!!!

تعليق:
One last push higher and we should see price fall off a cliff

تعليق:
IWM about to go down in flames!!!

تعليق:
Ok we are in the target crash zone.

We are on high alert for a significant downturn...i certainly hope we are wrong because this going to be UGLY

Expect one more smaller push higher and then watch out below

تعليق:
Price pushed higher as expected.

BE CAREFUL!

تعليق:
Get Ready

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