create account

S&P500 pattern trading by ew-and-patterns

View this thread on: hive.blogpeakd.comecency.com
· @ew-and-patterns ·
$6.35
S&P500 pattern trading
# There is a perfect inverse Head an Shoulders pattern developing in the S&P500 daily chart. Everybody sees it. This could become a textbook example, that people will be talking about for many years.
![chart-13112018-1817-SP.png](https://cdn.steemitimages.com/DQmReei3R6JTbdpRU7pUwfu1S4XEorZfuVkesx2vogVF5R1/chart-13112018-1817-SP.png)
![chart-13112018-1817-SP(1).png](https://cdn.steemitimages.com/DQmcLYpAfRrPfZhTrhaRsNg1hTsL7wFPzXxtVnuobKpDXsk/chart-13112018-1817-SP(1).png)
# If this gets triggered by signifcantly breaching the neckline to the upside, it means S&P500 > 3000. It is actually that simple.
# But first it needs to be triggered... Stay tuned...


![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
If you think this to be useful information:
![DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not a financial adviser. The material in this post does not constitute any trading advice of any kind. This is just the way I see the charts and what my trading ideas are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is entirely at your own risk. I am not responsible for any of your losses. By reading this post you acknowledge and agree that you will never hold me liable for any of your losses.


Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)



![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
#bitcoin #btc #crypto #cryptocurrency #cryptocurrencies #steem #sbd #ethereum #eth #ripple #xrp #bitcoincash #bch #eos #litecoin #ltc #stellar #lumen #xlm #digibyte #dgb #cardano #ada #iota #tether #neo #tron #trx #omg #verge #xvg #bitshares #bts #nano #monero #xmr #dash #ethereumclassic #nem #binance #binancecoin #vechain #tezos #omisego #steemit #money #life #altcoin #altcoins #trading #investing #investment #investments #forex #forextrading #market #finance #gold #silver #commodity #commodities #stock #stocktrading #stockmarket #facebook #fb #apple #aapl #spx #xau #xag #usdjpy #usd #amazon #amzn      
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
![@ew-and-patterns2.gif](https://cdn.steemitimages.com/DQmUnUPtj34ZrQwCvxv8jFvhiaQFCEjzwcn7ykDC2JW8VSq/@ew-and-patterns2.gif)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 25 others
properties (23)
authorew-and-patterns
permlinks-and-p500-pattern-trading
categorysp500
json_metadata{"tags":["sp500","dow","money","trading","finance"],"users":["ew-and-patterns"],"image":["https://cdn.steemitimages.com/DQmReei3R6JTbdpRU7pUwfu1S4XEorZfuVkesx2vogVF5R1/chart-13112018-1817-SP.png","https://cdn.steemitimages.com/DQmcLYpAfRrPfZhTrhaRsNg1hTsL7wFPzXxtVnuobKpDXsk/chart-13112018-1817-SP(1).png","https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png","https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif","https://cdn.steemitimages.com/DQmUnUPtj34ZrQwCvxv8jFvhiaQFCEjzwcn7ykDC2JW8VSq/@ew-and-patterns2.gif"],"app":"steemit/0.1","format":"markdown"}
created2018-11-13 17:25:36
last_update2018-11-13 17:25:36
depth0
children3
last_payout2018-11-20 17:25:36
cashout_time1969-12-31 23:59:59
total_payout_value4.831 HBD
curator_payout_value1.515 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length3,278
author_reputation138,703,829,387,626
root_title"S&P500 pattern trading"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id75,226,060
net_rshares7,526,217,831,204
author_curate_reward""
vote details (89)
@direwolf ·
Haha, how is this even possible? :)

The depression everbody has been predicting for years now keeps eluding us and the stock market keeps growing and growing.
properties (22)
authordirewolf
permlinkre-ew-and-patterns-s-and-p500-pattern-trading-20181113t200611598z
categorysp500
json_metadata{"tags":["sp500"],"app":"steemit/0.1"}
created2018-11-13 20:06:15
last_update2018-11-13 20:06:15
depth1
children0
last_payout2018-11-20 20:06:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length159
author_reputation30,767,371,464,103
root_title"S&P500 pattern trading"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id75,232,892
net_rshares0
@pablob ·
Hope you are right!
properties (22)
authorpablob
permlinkre-ew-and-patterns-s-and-p500-pattern-trading-20181113t185035975z
categorysp500
json_metadata{"tags":["sp500"],"app":"steemit/0.1"}
created2018-11-13 18:50:42
last_update2018-11-13 18:50:42
depth1
children0
last_payout2018-11-20 18:50:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length19
author_reputation148,118,711,629
root_title"S&P500 pattern trading"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id75,229,857
net_rshares0
@passion-ground ·
$0.07
Nice pattern... (and GIF)  :-)

If an upside trigger occurs, key support going forward would be the neckline...

Trade above the neckline post-breakout lends hope to reaching the upside measured target, while trade beneath diminishes such prospects...  

Naturally, the pattern fails if new marginal lows occur prior to the measured upside price target electing...  

Good luck with this interesting bullish trade set-up all!
👍  
properties (23)
authorpassion-ground
permlinkre-ew-and-patterns-s-and-p500-pattern-trading-20181114t005946561z
categorysp500
json_metadata{"tags":["sp500"],"app":"steemit/0.1"}
created2018-11-14 00:59:51
last_update2018-11-14 00:59:51
depth1
children0
last_payout2018-11-21 00:59:51
cashout_time1969-12-31 23:59:59
total_payout_value0.055 HBD
curator_payout_value0.018 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length425
author_reputation18,071,641,071,762
root_title"S&P500 pattern trading"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id75,244,938
net_rshares91,276,435,473
author_curate_reward""
vote details (1)