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Intra-Day Fundamentals - S&P 500: U.S. Gross Domestic Product
2016-08-26 12:30 GMT | [USD - GDP]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - GDP] = Annualized change in the value of all goods and services produced by the economy.
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S&P 500 M5: price movement by U.S. Gross Domestic Product news event
M5 price broke 200 period SMA to above for the good bullish breakout: the price is testing 2180.25 resistance level for the intra-day bullish trend to be continuing.
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Press review
Sergey Golubev, 2016.08.27 12:09
Stocks end mostly lower after Yellen speech (adapted from the article)
"Major U.S. indexes initially climbed after a speech by Fed Chair Janet Yellen that was bullish on the economy but gave no timetable for future rate increases. Then investors began to have second thoughts, wondering if an increase was possible as early as next month, and buyers turned to sellers."
"The S&P 500 slipped 3.43 points, or 0.2 percent, to 2,169.04. The Dow Jones industrial average fell 53.01 points, or 0.3 percent, to 18,395.40. The Nasdaq composite rose 6.71 points, or 0.1 percent, to 5,218.92."
"In Asia, Japan's Nikkei 225 fell 1.2 percent after consumer prices fell the most in three years in July. Hong Kong's Hang Seng index rose 0.4 percent."
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Press review
Sergey Golubev, 2016.09.07 15:15
S&P 500 Unshortable ? (based on the article)
S&P 500 increased by 0.45% for the month, 0.08% for a week, and it was decreased by 0.06% for the day. H4 intra-day price broke 100-day SMA/200-day SMA levels for the bullish market condition. The price is on testing with 2,185.75 resistance level for the bullish trend to be continuing. Alternative, if the price breaks 2,172.75 support ot below so the bearish trend will be resumed.
S&P 500 daily is on primary bullish market condition located above 100 SMA/200 SMA reversal area for the ranging within the narrow support/resistance levels:
The most likely scenarioo for the movement for September is the following: daily price will be on ranging within 2,191/2,154.
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Press review
Sergey Golubev, 2016.09.18 09:11
S&P 500 Technical Analysis 2016, 18.09 - 25.09: inside Ichimoku cloud for the bearish reversal or bullish trend to be resumed (adapted from the article)
Daily price broke of the border of Ichimoku cloud for the ranging market condition. The price was bounced from 2106.75 support level to above for the bullish ranging to be started within Ichimoku cloud.
"The market is off the lows, but still poorly postured with another possible lower high in the works (most visible on the intra-day time-frame). But there is also a higher low, too. The lower high, higher low could further contract towards a wedge, which would be inviting as it will likely lead to a tradeable breakout at some point. Still sitting in the one more leg lower camp at this time, but not willing to go too far out on a limb with this bias just yet."
If D1 price breaks 2106.75 support level on close bar so the reversal of the price movement from the ranging bullish to the primary bearish market condition will be started.
If D1 price breaks 2191.25 resistance level on close bar from below to above so the bullish trend will be resumed.
If not so the price will be on bullish ranging within the levels.
SUMMARY : breakdown
TREND : ranging