$.SPX(.SPX)$ made a new high, but confidence in the topping pattern has not wavered. The multi-year bear market reversal is delayed by 1-2 months and should target the 6080-6100 range before the topping setup returns, as SPX needs to retrace a 5-wave move to finish Wave C of [W5] of Wave [5]. For now, expect price to remain above 5920-5937 until we trace out 5-waves up from the November low to those targets.I’m excited for what’s unfolding—this little detour will only strengthen the probability of the bearish pattern. The world will soon be shaken. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$

Learnings and conclusions from this week’s charts: $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ 1. Tech & Bitcoin show speculative scrambling.2. Trading in single-stock leveraged ETFs is surging.3. Mutual funds are underweight Big Tech.4. Stock market supply has been contracting.5. Real earnings yields are real low.Overall, as documented last week, sentiment and the speculative mood is becoming progressively more bullish, euphoric and frenzied. It’s a dangerous time to lean against the market in

Despite the chop, the $.SPX(.SPX)$ bearish 3rd wave setup remains intact.To maintain full confidence in reaching the 5800-5700-5630 targets, we need to see a sharp reversal lower within the next day or two.A loss of 5930 would increase confidence in this scenario, but a Daily close above $E-mini S&P 500 - main 2412(ESmain)$ 5992 would begin to threaten the possibility of new highs being crossed. $SPDR S&P 500 ETF Trust(SPY)$ $.IXIC(.IXIC)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini

$.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $.IXIC(.IXIC)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $.DJI(.DJI)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$ Market Performance OverviewAverage Index Closing Price: 5,992.7 (+1.91%)Current Trend Zone: BullishInvestment Position: Buy and HoldThis week’s rebound followed last week’s decline, reflecting recovery-driven buying momentum. The upward movement indicates temporary strength in the market, but the broader outlook suggests that the current phase i

Hello everyone! Today i want to share some technical analysis with you!1.High ROIC vs low ROIC companies: $SPDR S&P 500 ETF Trust(SPY)$ 2.Growth is essential for long-term returns:Follow me to learn more about analysis!!

Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano

$.SPX(.SPX)$ - Lack of Conviction, but Green is GreenThe candle is indecisive, a reversal is possible but there are no solid references. Stochastic set a bullish crossover. Having a clear support as a reference for an exit is key when price action is giving mixed messages.The key element to watch is the $Cboe Volatility Index(VIX)$ , it jumped +4.94% and also suggests continuation. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E