S&P 500 Index Weekly Sell Signal Technical Analysis (SPX.X) vs (VIX.X)

[wewantmoreparty]

hey marco relly good vids im not relly soo good at understanding the market but there is something i have been wondering about i you take a graf of the s&p 500 from all the way back and compare to JPMorgan Chase & Co the it almost looks like the market is following JPMorgan Chase & Co can you tell me wy this is or is there something i dont understand ??

thanx !

[StockMarketFunding]

@wewantmoreparty the reason is b/c JPM & the S&P 500 are highly correlated, financials lead markets higher...and lower. Hope that helps

[globalfinanceschool]

Thanks for sharing this! :)

[DouglasASean]

is it just me or dose the NASDAQ ranging for 1997 to present look like its setting up a massive head and shoulders pattern?

[jajessee]

Thanks. Where do you park cash?

[silverpreping]

keep, up the great info

[StockMarketFunding]

@silverpreping thanks for watching, enjoy the weekend!

[TheStreeser1]

Enjoy Your vacation Mario..Thanks for the analysis.

[StockMarketFunding]

@TheStreeser1 he'll be jet skiing, dirt biking, and possible para sailing...bbq at night :-)

[SMFTrader]

thanks Mario, enjoy the weekend

[StockMarketFunding]

@SMFTrader you're welcome, make sure those lower support level alarms are set!

[DirectAccessTrading]

Thanks for the analysis! SPX.X index options are fun to trade!

[StockMarketFunding]

@DirectAccessTrading thanks for watching, all eyes are on these newer lows :-)