A #heikinashi long-term view of the #market $SPX $SPY | #trendfollowing #technicalanalysis #trends

SP-500 yearly chart

• (+) At first sight, the market is an uptrend.
• (-) haDelta is getting weaker.
• If 2019 will print a lower high than the one in 2018, then haDelta will fall under its short average and the 2018 top will be confirmed. And the bull market will end.

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The market from different (technical) angles $SPX $SPY $DIA $DJIA $COMPQ $QQQ #markets #trendfollowing #heikinashi

S&P 500 weekly

• (-) The weekly (momentum) market breadth doesn’t show the strength to become positive. A failure at price support will start another downtrend segment.

 

 

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S&P 500 monthly

• (-) The monthly (momentum) market breadth is very weak, barely positive.

 

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S&P 500 daily

• (- -) Serious negative signal.

 

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Ready for the #seasonality rally? $SPY $SPX $QQQ $COMPQ $DIA $DJIA

A pullback first (subchart #3).

Monitoring the MACD signal (subchart #2)

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Is the danger gone? $VIX $AMZN $SPY $SPX

AMZN/VIX daily

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AMZN/VIX weekly

• (-) Higher volatility ahead.

 

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AMZN/VIX monthly

• (-) A possible return of higher volatility.

 

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Higher risk than reward. A #heikinashi view of an extended market $SPX $SPY $DIA $DJIA

S&P-500 (yearly)

• (+) Still in an uptrend.
• (-)  $SPX needs to make a higher high next year to maintain this trend. Questionable.

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S&P-500 (monthly)

• (+) An 11% deviation is where the breaks scream “Stop!”
• (-) Slowdown. Mov(C, 10) is closing up with the price, despite the last euphoric segment.
• (+-) Danger zone when the close will go below its 10-month average.

 

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S&P-500 (weekly)

• (-) Slowdown. The 10-week average is closing up with the price (price is slower than the average).

 

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S&P-500 (daily)

• (-) Short-term, trouble. The recent low should not go below the one in September. Otherwise, the uptrend gets weaker.
• (-+) Levels of support (blue dashed lines).

 

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#heikinashi trends and reversals to the mean | $SPX $SPY $DIA $DJIA

When the trend gets stretched, use #heikinashi and a stop, very a good stop.

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S&P-500 ($SPX) daily

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S&P-500 ($SPX) weekly

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S&P-500 ($SPX) monthly

 

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A #heikinashi safe view: $SPX is bullish | $SPY $DIA $DJIA

SP-500 ($SPX) daily

• (+) At daily resistance, with higher lows
• (+) haDelta turns higher above zero
• (+) Laguerre-RSI hits 1
• (!) The stop @2,731 is a safe bet

 

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SP-500 ($SPX) weekly

• (+++) haDelta strong signal. Period.

 

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SP-500 ($SPX) monthly

• (+) Bullish technical formation in an uptrend
• (+) A superb trailing-stop, Buffet-style
• (+) Laguerre-RSI is above 0.8

 

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