Analysis Method: Fibonacci & Wave Theory
Please see previous analyses for further information.
This is a continuation of the SP500 analysis that was started July, 2018.
SPY has completed a 5 Wave Super-Cycle (143 years) and is now in a correction phase.
An 'Irregular Correction' is when the B Wave exceeds the Terminal 5th Wave.
It is my opinion, the Private Federal Reserve is running out of monetary 'ammo'. The private bank can no longer raise interest rates and is now being forced to cut rates in an objectively 'good economy'.
All gains can directly be correlated to the Private Federal Reserve's monetary injections.
The Hedge: Cryptocurrency
Analysis Method: Wave Theory & Fibonacci
143 Year Super-Cycle:
Wave Theory Rule: 2/3 Impulse Waves will near equality
Irregular Correction are most often observed after a Wave Cycle with a Double Extension
Waves 3 & 5 both extended.
Will update.
FMW
Anmerkung
I believe we are seeing the end of the 'B Wave'.Anmerkung
Extending Wave 1 (Hourly)Anmerkung
$2829 is a key level...Anmerkung
If $2829 breaks look to $2768...Anmerkung
If 2829 holds, look for a correction sequence.Anmerkung
Based on the price-action, it looks like we will break 2829.Anmerkung
Flat Corrections usually terminate around 100% & 123.6% Level respectively...Anmerkung
Above: Daily ChartAnmerkung
Above: 3 Minute Wave CountAnmerkung
Above: Sub-Micro SequenceAnmerkung
Sub-Micro Retrace LevelsAnmerkung
Double Flat CorrectionAnmerkung
No real support here unless the Private Fed can pump...Anmerkung
New Wave Sequence should be forming now...Anmerkung
Could be another big down day...We will find out soon...
Anmerkung
Watch the futures...Anmerkung
Headline: STOCKS SURGE ON BETS CENTRAL BANKS TAKE ACTIONto fight a biological virus...
Anmerkung
Price-action is Trapped in the 'Ending Diagonal'Anmerkung
(Bloomberg) -- U.S. stocks surged as investors gained confidence that stewards of the world’s largest economies would act in concert to offset any impact from the spreading coronavirus.Anmerkung
The S&P 500 jumped more than 3%, the most in a year, after news that Group of Seven finance ministers and central bankers will hold a teleconference Tuesday to discuss how to respond to the outbreak. Tech shares led gains after seven straight days of declines for the benchmark index, with monetary policy makers from Japan to England joining the Federal Reserve in promising to take action to support their economies if needed.Anmerkung
In other words...'Lets Accelerate the Destruction of Value in our Currency'Anmerkung
While Interest Rates plummet...Anmerkung
Should be beginning a new wave sequence down...Anmerkung
We are about to drop...Anmerkung
Target: $303-$301Anmerkung
If $301 breaks look to $298...Anmerkung
We should be turning extremely hard....Anmerkung
Looking for a Minor Wave 3 to begin...Anmerkung
We got the turn I was looking for...Anmerkung
$3,031 is a Key Level.Anmerkung
If $3,031 breaks look to...Anmerkung
$3,012Anmerkung
Then $2098.50Anmerkung
*Correction $2928Anmerkung
5 Minute Count (Above)Anmerkung
Moving Averages:EMA 33 Green
EMA 50 Yellow
Anmerkung
EMA 300 RedAnmerkung
Estimate Micro-Wave 3 Target Area: $2980-$2928.50Timeframe: <7 Hours
Anmerkung
Fed Suicide Watch...Interest Rates going to Zero...
Anmerkung
Fed credibility gone...Anmerkung
Going to create new Hourly thread.Anmerkung
Should be picking up momentum to the downside...Anmerkung
Immediate Target: $2984.25 - $2923.75Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.