Market Event which could bring trading opportunities

SP500 Personal View

Important to notice that Bears are not as strong as I expected, this of course does not mean they will continue weak in the future. I am not sure why with this Macro Data, the Equities are holding current levels. TODAY FROM REUTERS: The U.S. Labor Department is expected to show initial claims for state unemployment

Bulls in control #SP500 so far

Contrary to most market participants the SP500 is now near April high and back to the supply area shared in the chart. The chart below shows FANG stocks YTD and the SPY. #AMZN and #MSFT positive YTD My systems are reading Mutual Funds buying and a significant lack of sellers at current prices, if this

Bankruptcy #NEWS will be more common

U.S. shale producers, refiners and pipeline Bankruptcy

SUPPLY AREA #SPX #SP500 #OIL

A) UPDATE ON SP500 and POSITIONING Inside of the SUPPLY AREA and not reading the SELLING I was expecting. Please note the SUPPLY AREA on the chart #SPX #SP500 EARNING WILL TAKE OVER THIS MARKET STARTING THIS WEEK! Read Post from April 7th where we mark this area as important. As of today, I see

FED Actions so far (Reuters)

(Reuters) – The Federal Reserve has moved into overdrive to try to keep the U.S. economy from suffering lasting damage from the coronavirus pandemic, announcing an emergency interest rate cut on March 3 and rolling out new efforts almost weekly since, including slashing rates to zero and relaunching large-scale asset purchases. The U.S. central bank,

SPX Update

It seems that the SP500 is looking for a SUPPLY AREA. It can be above the 50% retracement. Marking it on Chart. Looking for Suppy: 15 Days ago SPX was looking for BUYERS and now is looking for sellers. Own the other hand, who is going to sale now that did not previously sold 20,