Investing1o1
2022-11-22

$S&P 500(.SPX)$  

Daily chart looks like a huge bull flag. Or is a storm about to hit us soon?!

My indicators show a possible recovery coming soon. Could be today or as soon as tomorrow. Which means a possible rally for FOMC mins.

If this rally comes, it will break the recent high and if we get a 1:1 measured move off the bull flag pattern, we could see another 8% move on the NDX.

VIX still looks weak and not yet ready for a move higher like many have been anticipating for months now.

Watch the video to check out the indicators and also the technical analysis of the indices as well as specific stocks tagged!

As always, Trade safe & invest wise!

Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!


www.youtube.com/c/investing101channel


Video Link:

https://youtu.be/bJ4Ps1qfxmY







$Cboe Volatility Index(VIX)$  ‌‌$SPY(SPY)$  ‌‌$Invesco QQQ Trust(QQQ)$  ‌‌$Tesla Motors(TSLA)$  ‌‌$Apple(AAPL)$  ‌‌$AMD(AMD)$  ‌‌$NVIDIA Corp(NVDA)$  ‌‌$Alibaba(BABA)$  

FOMC Minutes Coming: You Expect...?
FOMC minutes will be released tonight. The market predicted that Fed won’t increase rate at the upcoming meeting. However, the speeches of the Fed officials are different. ------ How do you expect the FOMC minutes?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • CatherineGunter
    2022-11-23
    CatherineGunter
    Some good things for the S&P ($SPX) and Dow Industrial ($DJIA) as all indices enjoy some buying. Watch the S&P for a break to a new high and a chance to signal the end of the current bear phase for the market.
  • ChristKitto
    2022-11-23
    ChristKitto
    Very rare for $SPX to be down 10%+ heading into Thanksgiving week. but when it is, the week has been positive ~92% of the time since 1945. Did you buy the dip Monday?
  • KittyBruno
    2022-11-23
    KittyBruno
    The only bubble in the market is in shorts and puts. Never has there been more people who don’t own a single share, who were trading meme stocks, spacs, crypto, etc.
  • Taki9415
    2022-11-22
    Taki9415
    ok
  • KenixBoon88
    2022-11-22
    KenixBoon88
    ok
  • Kucing
    2022-11-22
    Kucing
    Great
Leave a comment
24