SPX

The Index price of the SPX 500 continued upwards after the open and tested the Fibonacci Level [ FL ] 1321.09 as well as the common upper boundary of contracting triangles C-A and CT-B . At 1324.14 the Price reversed and dropped back down to test the UTL as well as the lower boundary of the CT-B ...

The SPX 500 Index, in the early part of the session, continued to drop towards the "Zone" . After testing the combined Fibonacci levels [ L1DF854 and L2AF0334 ] at 1297.31 and 1296.59 the Price reversed at the intraday low of 1296.53 . Then at midday the Market Makers turned on the afterburners...

By: Jim Fink, Investing Daily   Because VIX calls are based on VIX futures instead of the more volatile “spot” VIX, in the past I suggested that it would be easier to hedge a portfolio against a “black swan” stock market decline using S&P 500 puts–either...

The price of the SPX 500 Index opened at 1327.69 just below the Fibonacci level [ L1AF236 : 1321.09 ]  and rose rapidly to 1328.49 . On the way up it broke above the Fibonacci level [ L2AF382 ] at 1327.97  and then stopped just short of the L3AF886 Fibonacci level at 1328.48 . It was a typical 886...

Editor's Note: This article originally appeared at Marketurningpoints.com   Current position of the market SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged...

 Separate  charts are for SPX - Retracement at Hand

In the last session the Index Price broke below the Lower Trend Line of the Rising Channel . The Price continued down to test the level 1292.66 . This level was the level termination point of the first leg ( EW 1 ) up from1074.77. The level is supported by several Fibonacci levels between 1292.46...

As predicted, once the level 1325  was broken to the downside,  the target became the zone 1312 - 1310. For a short time it looked like that level would hold.  The close at 1304.86 puts the price, by my placement of the lower trend line of the Rising Channel,  right at the LTL. There is still a...

The move down, as predicted from the Bear Rising Triangle, has been achieved . The Price at 1328.41  paused and reversed at the Fibonacci level U6L2DF146  : 1328.52 . The next down level to be tested  will be 1325 - 1321 and then 1312 - 1310 . When the Price reaches the Lower Trend Line of the...

The chart needs no words of explanation . If interpreted correctly and no manipulation interference then the way is down.