A “Crabby” S&P Trade

Featuring Joe Perry

Is the S&P 500 overbought? Joe Perry of ForexAnalytix walks through the fundamentals, then examines price levels in detail using candlesticks, Elliott Wave Theory, and concludes with harmonic analysis, where he sees a “crab pattern” emerging in the charts in this interview with Real Vision’s Brian Price. Filmed on October 19, 2018.

Published on
23 October, 2018
Duration
7 minutes
Rating
13

Comments

  • BC

    Burton C.

    25 10 2018 04:58

    1       0

    Joe, you are a hero!.. You got it, looking at the big picture. Once it reaches a bottom of 2550 or so rotate into the ETF suggested in the next video XLC

  • YW

    Yowshi W.

    25 10 2018 03:33

    1       0

    Spot on,...

  • AK

    Alek K.

    23 10 2018 19:52

    6       0

    Interviewer does a fantastic job every video i see him in, asks great questions and has great input & style without hogging the mic. Don't lose him RV!

  • DR

    David R.

    23 10 2018 19:47

    3       0

    This video is a gem because it touches on both some essential fundamentals and some real technicals. Would like to see Joe again in more depth too, as I feel he has much more to say that's worthwhile.

  • PC

    Peter C.

    23 10 2018 17:03

    3       0

    Brian Price has become a master with his own style. Loved it Brian.

  • MT

    Mike T.

    23 10 2018 14:26

    5       1

    anyone that can take money out of the markets on a consistent basis trading in a directional manner in this way sincerely I salute them. However this current market environment is a heaven sent opportunity for 'short premium' (sellers) option traders. For the short premium folks no need for technicals, no subjective interpretation required, no need to understand 'why' the market is behaving as it is. I've not myself ever noticed on RV even an elementary attempt to explain the immense power of premium collecting option strategies. There are of course plenty of Trade Ideas recommending buying calls/ buying puts but 'debit' options strategies are always mathematically sub-optimal.

  • DL

    Dan L.

    23 10 2018 12:53

    5       0

    Loved this interview. Let’s get Joe Perry on again!