US Stock Market - S&P 500 SPY | Weekly and Daily Cycle and Chart Analysis | Price Projections
ฝัง
- เผยแพร่เมื่อ 24 พ.ค. 2024
- Enjoy a clip from the latest episode of the askSlim Market Week.
Our Current Promotion: askslim.com/membership-option...
Sign up free at www.askslim.com and get daily info on the stock market, plus learn about our huge content and analysis on the markets.
Our current DayTrader Promotion: askslim.com/day-trader-service/
Hear 50-year trading pro, Steve Miller, share unique analysis and commentary on the financial markets. Slim looks at 300+ #stocks, #ETFs , #Indexes and #futures. Bull market or bear market, you'll be amazed at these unique cycle charts, evolved from decades of work.
Check out premium memberships: askslim.com/membership-options/
Check out our TH-cam Channel: / @askslimteam
Add me on twitter @askSlim
---------------------------------------------------------------------
Slim's Background:
#Trader, analyst and mentor, Steve "Slim" Miller is an active trader in index futures, #gold, #silver, #bonds, oil, #dollar, euro, stocks and #options. He is also a trader coach and hedge fund consultant. Slim is a past member of the CBOE (1974), CBOT and Chicago Mercantile Exchange.
Slim looks at things differently than most market analysts. He applies his unique cycle analysis to nearly 400 widely held stocks, futures and ETFs. Learn the most unique style of technical analysis, evolved from the work of JM Hurst's book, "Profit Magic of Stock Transaction Timing"
For investors and traders with interest in, investing, trading, swing trade, scalping, indextrading, pairs, indexes, treasury, #FOREX, #FX trading, dollar, euro, yen, pound, currency, currencies, Powell, interest rates, Fed, FOMC, recession, Great Depression, bull market, bear market, crash
Our interests
Brokers: TDA, TD Ameritrade, thinkorswim, Schwab, Etrade, Fidelity, Tastyworks, robinhood, webull,
Charting: stockcharts, barcharts, tradingview
Strategies: swing #trading, scalping, #investing, investments, fxtrading, fx trading, fx signals, crude oil, bullish, bearish, options, option trading, spreading, pair trading, vertical spreads, butterfly spreads, iron condors, strangles, straddles, diagonal spread, delta, Vega, Gama, theta, option decay, leverage ETF
Election: Biden, Trump
Your probabilities are based on you trying to make the market fit your curves. You were wrong past 4 weeks. Unfortunately people watching this video got trapped into shorts, and now you’re convincing them to get trapped into longs. The highest probability is a solid pull back: draw a line on the S/P from 2008 highs, connect to 2021 highs, and we tagged it Thursday and immediately sold off. We likely have a few weeks of sell off that line. Anyone who goes long listening to this gonna get trapped again
good luck champ, sign up for one of the levels, and with the indicator slim has you would be in good shape through the spike down and the spike up, he and the others repeat all the time that they are looking at those indicators. so for example if he sees a lower low coming but his indicator stays bullish, he is not going to blindly go short like it seems alot of you are, this is a fluid market you cant become married to one idea when everything is telling you otherwise
i agree, look at SPXEW equal weight, the chart almost look like DJI IWM, with peak on 20th May and already drop to MA50 line, the reason why SPY and QQQ still look healthy is MAG7 carry the index. once Mag7 join the pull back it will drop really fast. another sign is look at S6Fi (% of spy stock above 50 day moving average), it drop below 50% since last Thursday and still below on Friday, which is very worry sign !!! drop 50% only seen in middle April pullback and last year's middle August to Oct (Jan pull back this year still above 50%), so if this drop continue it will repeat April's level pull back.
Your language shows you have no understanding of our analytical style. Yet you judge it based on a narrow focus.
Where did you get the idea to short the market from these videos? And if you did get the idea you would have shorted at the top or near the top for a dip into the last week of May.
If you switch that chart to log scale, there is a lot more upside...... Its not easy that TA. I think, Slim provides a great focus on a pulse in the market, and there seem to be something to it. However predictions about where periods of risks will take the market will turn out wrong from time to time. For me its enough to have the pulse in mind to give me an idea of potential pullbacks.....
not going to lie, for the past like 5 videos, all your projections have been wrong. Every "pullback" has been swamped and the projections are constantly changing to the point where I question if its just projections or just guessing at this point.
he was so bearish last week. watch him catch a top now
You need to pay better attention
@@askSlimTeam Nothing to do with paying better attention, analysis has been plain wrong
Very Helpful Slim!!! Thank you!!!
Glad it was helpful!
thanks as always!
Welcome
Maestro no le he escuchado mencionar las ondas de Elliot en sus analisis que veo en YT.....No las considera ud?.
Non utilizziamo l'analisi delle onde di Elliot. Sono molto più fiducioso nel nostro stile di analisi del ciclo
@@askSlimTeam gracias Slim.
Isn't June July usually very bullish? How does that play into the cycles
Someone didn’t whatch the video
The video discusses this
How did anyone get the idea to short the market from Slim's videos? He was bullish and calling for a dip buy. If anything you took profits near all time highs and are currently scaling out of longs in small chunks until September.
Correct
Hi Steve
I'm Johannes from South Africa,how can I get you chart
Hi! If you have Schwab with ThinkorSwim in your country, you can get our live charts with level 4 membership. If not, you can become a level 3 member and get the static version.
Thank you Slim. Amazing review!
My pleasure!
Coming back a week after first watching to reread the comments 😂
😀
Big move upside ahead on
NDX 100.
✔️
I am literally long and selling chunks. I don't start short positions until the end of August. This is when I throw down. Life Insurance companies sell September-October to hand out checks early November so Grandma has money to spend over the holidays.
I hope you do well
4:00 - so Biden win 😆
❓