SPX S&P 500 – Phantasmix.com

SPY in the Time of SARS

Phantasmix — Thu, 27 Feb 2020 21:01:52 +0000

SARS was a “thing” from November 2002 to July 2003. The drop was from 94.28 to 80.52 (14.5%). All-time high was $339.08 and if we drop the same percentage, we’ll be at $289.90. Getting close…

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Reversal to the Mean? Monthly Chart with a 50SMA

Phantasmix — Sat, 27 Oct 2018 21:48:54 +0000

3 days left to fix that ugliest-ever monthly candle.

This bull market is 10 years old, btw.

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SPY Squiggly Lines

Phantasmix — Fri, 26 Oct 2018 23:46:02 +0000

Unless we’re in for a surprise crash, a bounce of some sort is imminent.

The weekly. A head & shoulders may be in the works.

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$SPX SPY Weekly Chart

Phantasmix — Wed, 17 Oct 2018 22:21:46 +0000

The bigger picture says 2747 must hold

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SPX to Correct Soon

Phantasmix — Sun, 09 Nov 2014 21:57:00 +0000

You saw it here first and before it happened. It’s obvious though. Not an especially genius call. Are you positioned to capitalize on the correction?

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What’s Wrong With This Picture?

Phantasmix — Sun, 02 Nov 2014 21:49:40 +0000

Volume.

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Stock Market Returns

Phantasmix — Mon, 24 Feb 2014 22:01:36 +0000

This chart is from a week ago. 10-year returns still aren’t impressing me at all. This is why it’s important to time the market. The trick is not to get caught up in its micro-moves.

Click to enlarge

Oh and [[SPY]] has a baddish candle today. I will generously give it another week, then it has to correct (for future reference, closed at $184.91).

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SPY Volume Remains Bearish

Phantasmix — Wed, 28 Aug 2013 18:08:31 +0000

Over the past few sessions, volume pattern has turned very bearish.

There are now 2 gaps on SPY – one gap down which will probably be closed soon enough, and the gap up from the start of this year. It will close at some point, given the ongoing instabilities in the world, probably within a few months.

Don’t forget, the fall is typically an unstable time for the markets.

Click to enlarge

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SPY Volume Pattern Changing to Bearish

Phantasmix — Wed, 21 Aug 2013 23:15:44 +0000

Click to enlarge

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SPY Volume Approaching Zero

Phantasmix — Tue, 06 Aug 2013 15:12:17 +0000

Up until last week, volume pattern was positive. Then it all sorta went to hell, with no one interested at all. We could say it’s the summer effect. But maybe, just maybe, it’s finally going to correct.

This is a daily chart:

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