S&P500 trading

guide for today, Thursday July 25th, 2024
& from Keybot & Keystone dude http://thekeystonespeculator.blogspot.com

Pre-market #cash
5,410.2 - 5,448.4 = 38.20 spread +/-
= 5486.60 | 5372.00

last Emini futures were Mercury and Mars levesl were in play like 5551 ish and 5462 ish now 5532 can be important and 5408 can also be important her e

guide

Open = 5428.70 x .272% = 14.77 +/- 5428.70
= 5443.77 | 5413.93

.3683% = 19.99 = 5448.69 | 5408.71
.50% = 27.14 = 5455.84 | 5401.56
.618% = 33.55 = 5462.25 | 5395.15
.764% = 41.48 = 5470.18 | 5387.22
.854% = 46.36 = 5475.06 | 5382.34

1.272% = 69.05 = 5497.75 | 5359.65
1.3683% = 74.28 = 5502.98 5354.42
1.50% = 81.43 = 5510.13 | 5347.27
1.618% = 87.84 = 5516.54 | 5340.86
1.764% = 95.76 = 5524.46 | 5332.94
1.854% = 5529.35 | 5328.05

so far..
Day High 5,432.79
Day Low 5,418.37

so far day low / "bottom" @ 5390.95 + 200 points = 5590.95

anyhow 5390.95 x 1.272% = 68.57 = 5459.52 | 5322.38 + 200 points = 5522.38* LAST Thurs July 18 Day Low = 5522.81
1.3683% = 73.76 = 5464.71* (Resistance area) + 100 points 5564.71 = 2TD back TUES July 23rd Open @ 5565.30
or 90º

wow.. left early ..like 8 hours ago -- didn't trade rest of the day. -- 100.64 spread [5491.59 - 5390.95] and then back.. damn it !!

anyhow -- will just put a couple of 'charts' and get back later.

THURSDAY July 25th, 2024 data / recap

guide/s for FRIDAY July 26th, 2024

guide/s for FRIDAY July 26th, 2024

so far..
#cash = 5,405.3 - 5,426.1 = 20.80 spread +/-
= 5384.50 | 5446.90 --->> 62.40 spread

but let's say..
5405.30 - 19.25 = 5386.05
5426.10 + 43.19 = 5469.29

#experiment for Friday

& then there's Keystone dude's take
http://thekeystonespeculator.blogspot.com

that was projection before mkt hit --5533 ish was high as our projected 5532 and missed the lower end at 5408 and now we will wait how it unfolds 5589 ish from where we think Bear mighttake control

OBSERVE LAST Fri July 19th data -- the CLOSE @ 5505 & the Day Low @ 5497.04
ALSO -- 2TD back WED July 24th Open = 5505.84 & day high @ 5508.04

basic targets

so far..
Day High 5476.49 = 5390.95 on the "OPEN" squared

so far... Day High of 5488.32 ==> 30º from today's intra-day High of 5462.96
ALSO -- FIB R2 = 5489.45 -- and ALSO the retest area of YESTERDAY's Day High of 5491.59

5488.32 + 100 points = 5588.27 (WED July 17th, 2024 Close)

Open = 5433.67 x .272% = 14.78 +/- 5433.67
= 5448.45 | 5418.89* close to 2TD back WED July 24th Day Low of 5419.98

.3683% = 20.01 = 5453.68 | 5413.66
.50% = 27.17 = 5460.84* | 5406.50
.618% = 33.58 = 5467.25 | 5400.09* close to yesterday's Close of 5399.22
.764% = 41.51 = 5475.18 | 5392.16
.854% = 46.40 = 5480.07 | 5387.27*

1.272% = 69.12 = 5502.79 | 5364.55
1.3683% = 74.35 = 5508.02* 2TD back Wed July 24 Day High = 5508.04 | 5359.32
1.50% = 81.51 = 5515.18 | 5352.16
1.618% = 87.92 = 5521.59* close to THURS July 18th day low of 5522.81 | 5345.75
1.764% = 95.85 = 5529.52* Mon July 22nd day low = 5529.04 | 5337.82
1.854% = 100.74 = 5534.41* | 5332.93*

& closed @ 5,459.10 [+59.88]
OR YESTERDAY's Day Low of 5390.95 x 1.272% = 68.57 +/- 5390.95
= 5459.52* | 5322.38

Won't be popping in now and then for most, if not all, of next week. Serious family illness.

Will miss FOMC but this is definitely more important to me.

See all the following week hopefully.

FAMILY FIRST !!!
stay strong !!

Market Insight: Echoes of History and the Coming Reset
History has a tendency to repeat itself, but we often forget the lessons of the past. As we approach significant market junctures, it's crucial to reflect on previous cycles to anticipate future trends.
Historical Context:

1. August 16, 2007: The Federal Reserve cut interest rates following a 12% drop in the S&P 500 ($SPX) over just 20 days. This pivotal moment marked the end of a sharp decline and sparked a 39-day rally that peaked on October 11, just before the Global Financial Crisis (GFC).
2. Cycle Details: The cycle from August 16, 2007, extends for 16 years, 10 months, 3 weeks, and 5 days, totaling 6,175 calendar days.

Current Market Outlook:
As we face the upcoming FOMC meeting on Wednesday, a continued market decline could trigger a rate cut by the Federal Reserve. Historically, such rate cuts have led to market rallies. If this pattern holds, expect a potential rally starting 39 days from the FOMC meeting, around September 25.
Looking Ahead:
Reflecting on past cycles:

1. 1912 and 1929: Historical patterns suggest that 2024 could witness a major market peak, akin to previous significant tops.
2. August 6, 1929: A key top before a period of chaos and systemic upheaval, signaling a possible reset or significant disruption in the near future.

Key Levels and Timing:

1. Emni Level: Watch for key support around the 5408 node area.
2. March 13, 2009 Low: Approximately 5612, with significant attention needed if this level is breached.
3. Potential Price Action: A move below this level could indicate a downward shift to around 6100+, signaling further market turbulence.

Astrological and Cyclical Insights:

1. August: Watch for retrograde planets which could impact market dynamics.
2. New Moon in Leo: This astrological event might coincide with significant market movements.

Trading Strategy:
On September 21 and into early October, prepare to take short positions as we approach potential market peaks. This strategy leverages historical cycles and current indicators, anticipating a repeat of past patterns.
Conclusion:
With the current alignment of historical cycles, astrological factors, and market indicators, we may be on the cusp of a major reset or transformative event. Stay alert to the evolving situation and align your strategies accordingly

this somewhat correlates to your post:
https://x.com/GoldnGuitars
https://x.com/ChifoiCristian
https://x.com/HenrikZeberg

FRI July 26th, 2024 data
..along with APRIL 2024 -- FOMC TUES Apr 30th, 2024

June 2024 calendar / data

guide/s for MON July 29th, 2024