Category: Stock Market 2017
The analysis published under this category are as follows.Sunday, December 10, 2017
Evidence of a Stock Market Top Mounting / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Possible top at 2665.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Saturday, December 09, 2017
Stock Market Bull/Bear Ratio: Is "More Leverage" Better? / Stock-Markets / Stock Market 2017
Bull/Bear Ratio: Is "More Leverage" Better?
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Friday, December 08, 2017
SPX Make a 61.8% Retracement / Stock-Markets / Stock Market 2017
SPX has been challenging the Cycle Top at 4649.38 which is very close to the 61.8% retracement at 2649.68. This may be the final probe with a reversal to follow. From there a panic decline may develop. A 4.3 day decline may take the SPX until Thursday to find a bottom.
While even some bears are expecting another push higher, the Model says a nasty decline may be imminent.
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Friday, December 08, 2017
Stock Market Bounce May be Over / Stock-Markets / Stock Market 2017
SPX appears to have completed a 38.2% retracement of its decline from the top. Yesterday’s 23.6% apparently allowed room for one more push higher. This is what I had originally expected.
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Thursday, December 07, 2017
Stock Market Tops Look Like This / Stock-Markets / Stock Market 2017
The signs of crazed speculation just keep pouring in these days.
We another Doozie from the Bloomberg wire today!
TD Ameritrade tracks its clients inflows and outflows from retail accounts on a monthly basis.
you can follow it here
November saw the largest inflow into stocks in the index's history,
surging the index to a new all time high.
Monday, December 04, 2017
Stock Market Positive Expectations, But Will S&P 500 Continue Higher? / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Friday's intraday trading outlook was bearish. It proved accurate because the S&P 500 reached our intraday profit target level of 2,615 (daily low at 2,605.52). the index fell sharply following relatively neutral opening of the trading session. The market has managed to close neutral (-0.2%). We still can see some short-term technical overbought conditions. However, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the market today, avoiding low risk/reward ratio trades.
Monday, December 04, 2017
Stock Market Classic Short Squeeze / Stock-Markets / Stock Market 2017
SPX futures have peaked higher than the Thursday haigh at 2657.74. This means Wave c of (v) isn’t finished yet. That may mean a final probe to 2670.00 to 2682.00. A possible target. Wave (v) at 1.382 times Wave (i) equals 2670.14. Wave (v) at 1.5 times Wave (i) gives a possible target of 2675..68 while Wave (v) at 1.62 times Wave (i) yields a target of 2581.18.
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Monday, December 04, 2017
Stock Market Top Distribution Starting / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Coming to an end at anytime!
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Sunday, December 03, 2017
Signs That This Stocks Bull Market Is On Its Last Leg - Part2 / Stock-Markets / Stock Market 2017
In this post we want to share two interesting sets of data that we find are interesting and add to the case of a stock market top is highly likely to take place in 2018. Be sure to read Part I “How to Know When A Bull Market Is About to End”.
First, let’s take a look at the “Hindenburg Omen” which was developed by Jim Miekka as an early warning of a stock market correction. While it’s not super effective in terms of timing market turns it can be very useful in assessing the overall strength of an uptrend.
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Sunday, December 03, 2017
SPX Throws Over Two Trendlines, NDX Reverses From New High / Stock-Markets / Stock Market 2017
VIX challenged its mid-Cycle resistance at 14.54 this week, breaking out above its November 15 high at 14.51. It has since made a 62% retracement. A further breakout above the Ending Diagonal trendlne suggests a complete retracement of the decline from January 2016, and possibly to August 2015.
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Saturday, December 02, 2017
A Stock Market Reset May be Coming / Stock-Markets / Stock Market 2017
I had a chance to compare my long-term charts with a couple other analysts’ charts of the DJIA and SPX over the past 8 years. While there are some differences in interpretation, we all seem to agree that the rally may be over.
The big curve ball was the errant Wave (B) in 2011 that threw off the analysis for a long while. The second curve ball was this year’s Wave structure. It turned out that Wave (4) bottomed in August instead of March, as I had been suggesting. The corrected pattern makes much more sense and appears complete.
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Friday, December 01, 2017
Is a Stock Market Tax Bill Surprise Coming? / Stock-Markets / Stock Market 2017
SPX futures declined to 2631.25 in the overnight session, but appears to have recovered the majority of its decline. We may have seen the completion of an a-b-c correction that may probe the upper trendline or go to 2650.00 before reversing back down.
ZeroHedge reports, “Markets were thrown for a loop in the past 24 hours, with the Dow first soaring nearly 400 points on Thursday on expectations that tax reform was a done deal, when drama emerged just after the close when the Senate tax bill came this close to falling apart when the proposed "Trigger" was ruled as invalid, pushing a Thursday tax vote to this morning, and as of this moment the bill appears in limbo with the GOP scrambling to find ways to appease the sudden loud opposition among budget hawks.”
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Friday, December 01, 2017
Stock Market Parabolic Beginning? / Stock-Markets / Stock Market 2017
The price action in the Dow and S&P suggest the parabolic phase may have begun.
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Friday, December 01, 2017
Capital Repositioning Driving Stock Market Volatility Higher / Stock-Markets / Stock Market 2017
Recent moves in the FANG stocks shows that capital is starting to reposition within the global market. As the end of the year approaches, expect more of this type of capital control to drive greater volatility within the markets. At this time of year, especially after such a fantastic bullish run, it is not uncommon to see capital move out of high flying equities and into cash or other investments.
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Thursday, November 30, 2017
SPX Giving Back its Gains / Stock-Markets / Stock Market 2017
SPX went parabolic this morning, nearly undoing my Wave analysis. The current Wave structure is invalidated at 2660.13. That was a close call. By 1:00 pm it was over.
Equities are at a spike high which makes it hard to go short, especially after this terrific short squeeze.
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Thursday, November 30, 2017
S&P 500 Fluctuates As Technology Stocks Sell Off / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was neutral. It proved accurate because the S&P 500 index lost 0.03%, following slightly higher opening of the trading session. The market broke above its short-term consolidation on Tuesday. We still can see negative technical divergences along with medium-term overbought conditions. However, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the market today, avoiding low risk/reward ratio trades.
Our intraday outlook is neutral today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Wednesday, November 29, 2017
Stock Market Bull Channel Trend Line / Stock-Markets / Stock Market 2017
The S&P is rapidly approaching its first test of the bull market channel trend line.
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Wednesday, November 29, 2017
SPX in Throw-over / Stock-Markets / Stock Market 2017
SPX made a throw-over of its Ending Diagonal formation starting on February 12, 2016. A reversal back inside the Diagonal tells us the rally is over. All indices participated in this rally, which suggests this may be the final blow-off. The initial decline [Wave (1)] will usually go to the Daily Cycle Bottom at 2306.25. It is due during the week of 12-11. A very likely scenario may be an 8.6 day decline ending on mid-day December 11.
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Wednesday, November 29, 2017
How to Forecast the Stock Market… from a Desert Island / Stock-Markets / Stock Market 2017
"Sometimes a [price] pattern will clear up on a particular day and you must act…"
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Monday, November 27, 2017
How to Know When a Stocks Bull Market Is About to End – Part I / Stock-Markets / Stock Market 2017
Knowing when a bull market is about to end is critical for both traders and investors. Why? Because once a bull market ends the price movement characteristics of stocks and indexes change dramatically and require different strategies to be used in order to profit from falling prices and increased volatility.
Over the next couple of weeks, we will be expanding on this topic to add several more parts because there are some really exciting things you should know as we move towards 2018.
So, let’s kick things off with the first few data points that tell us that the bull market is about to end.
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