It's been 15 weeks in the S&P 500. But now we have come to a place where there is only one red candle. So 15 weeks is clear. It's very clear, but now bond interest rates are on the rise again. The dollar index is rising again. On the other hand, the market is a little bit excited here. He focused on interest rate cuts in March. There is not even a FED member who said this. I surpass Powell. You know, when we face the facts here, we see the impact of this on pricing. Now it's stuck here. The point where we are stuck is already critical. Of course, the main reason is that non-agricultural employment figures were very strong and therefore last week Powell said that we are not in a big hurry to reduce interest rates before employment deteriorates.
Generally speaking, depending on the basic perspective I mentioned, there is a very strong upward movement in technical analysis. I follow the movement above 4818 with a controlled optimism. Even though there were declines and corrections, I remained bullish. Are we above the moving average? Mac and Trigger are going upwards at a right angle. But look, when their mouths go from angle to angle, the correction comes. Now let's be bulls again, but now I've been focusing my fierce bull analyzes on controlled bulls for 45 months. We are only guarded against the assumption of the possibility of a correction. The resistance we broke at the old peak 4818 has now become support. There is both the old top and the 8-week moving average here. The market remains subdued below the 8-week moving average. It works now, but when it breaks down, saws can also do it.
Then it is necessary to interpret it accordingly. As a result, a stop loss should be placed at 4800 between the old peak and the 8-week moving average 4829 4818 region. I will continue to read the movement above the 4800s, again with bullish modding, with a target of 5181 (fibonacci 1.272). Our target as 5181 trading is, but I am a controlled bull, not a spoiled bull, as it has been for 4-5 months. If it falls below 4818, it means that the expected correction that makes us a controlled bull is coming. When the 8-week trend is broken, look at all the statistics of S&P. When the 8-week trend is broken, they stick to the 34-week and 55-week trend. It can even go below that. Therefore, if 4818 is broken, S&P will be battered, reaching 4500. Again, the medium-term trend does not change, but short-term investors face the risk of meeting 4500 while waiting for 5181. In such cases, I recommend absolute discipline in trading discipline and emotional management with stop loss discipline.
Therefore, against the risk of a correction before going to 5181, I will read above 4818 with a cautiously optimistic target of 5181 in the trading discipline. A correction process may be triggered in S&P, reaching approximately 10% below 4818 towards 4500. Now, when investors see this analysis, they should not think like this. I think there will be a correction, then I will immediately return to my position. Look, this is an undisciplined, emotional decision. When 4818 is broken, down trade, that is, a short-oriented discipline, begins. As long as 1818 is not broken, we will continue to hold on to the 5181 target by keeping our feet on the ground, in a controlled manner, with a huge appetite, not spoiled, but in a more controlled manner.
Now, coming to plan B, 4800 was broken, so the correction has begun. Once they start hitting the S&P the reports will start coming in. There may be another 20% decline in S&P. The S&P will fall 30%. We are likely entering a recession. It's all bullshit. Look, let me tell you very clearly. If there is a decline below 4818 towards 4533 - 4350, leave those reports, find stocks with good foundations from research reports and chase the opportunity.
Ford Motor Company weekly chart says I'm stuck and I've come to the end. But of course, there is no such thing as these explosions will always be upwards, but it is possible. The descending and narrowing triangle story or formation continues on the chart. Volatility has decreased significantly during the squeeze. They may or may not choose to fill the gap left in the narrowing triangle. This place tells us that there is a possibility of more than 1.5 - 2 months. If you ask how much the statistical graph, triangle or wedge fills in percentage terms, 60% - 65% goes down to the bottom of the channel.
Unless the falling trend from the top of 24.60 is passed, this will be the sleeping beauty. In trading, there is give and take, but this chart is now out of the give and take point. Here you have to lie in wait like a snake in the bush. As plan B, he will place a stop loss below $11 to control the risk. As long as Plan A is above 11, there is no need to fear, but there is a carrying cost. I would wait like a snake to stop the current position I have for 11 dollars, either stop or continue. In other words, a falling position cannot be blended. Stop loss is applied to the falling position. If you blend into a falling position, you will continue counting the supports as you fall. What happens if the money runs out? I keep it with a stop below $11. I will increase my position above 12.20.
As a result, I come back to technical analysis. Ford, which continues to remain above $ 11, will be followed with cautious upward modulation, but the investor will not forget this. There is no money and no comfort for investors until the decline is surpassed. On the contrary, carry it like a porter. But sometimes it is necessary to carry it. As a result, if Ford continues to stay above 11 dollars and gives two closings above 12 dollars and 20 cents, there is 10 - 15% on dollar basis between 12.20 and 15.36 towards 15.36 - 18.89.
Unless 12.20 is passed, we carry it on our backs like Santa Claus's sack. If 12.20 is passed, towards 15.36 and 18.89, Ford can say that I continue to give the reward they are waiting for to those who are waiting for me and I have started. Unless 12.20 is passed, Ford will sleep in the 12.20 to 11 dollar band for a while longer. But be careful, my water is slowly boiling now, he says. Below $11 means risk in technical trading and should be managed with stop loss discipline. Until 12.20 passes, the 12.20 to 11 band is the waiting area.
In Whirlpool, they pressed a long bar on Fibonacci 78.6 of the huge rise of $ 64 to $ 257 and now they are sleeping above 78.6 here. More precisely, they are trying to decide whether we should return or another bear attack. As a result, the horizontal support for Whirlpool is $102, and $91 is the lower band of a decreasing triangle. It shows and contains the risk of the price being crushed towards those supports in case the $91 level comes under selling pressure. Therefore, the $ 102 and $ 91 supports in Whirlpool should be followed closely. If anyone wants to catch something relatively positive, they should be able to read the above $91 as relatively positive.
But this should not be forgotten. Support at $102 and $91 may also be an attempt to turn up from here. But in the falling trend coming from the top of 240, $ 131 must be crossed. If Whirlpool breaks $131, Fibonacci 78.6 support will then receive bottom confirmation as support. 131 was not exceeded. The risk of 78.6 continuing its technical pressure towards 102 and 91 dollars, which I just mentioned, seems possible on the Whirlpool chart. Let me remind you of this as a risk note. Here in Whirlpool, this very serious decline from about 250 - 260 to 78.6 is over, now Whirlpool is bought and will not be moved to a safe point unless the upward discipline is passed at 131 dollars. Above $131, the Whirlpool weekly chart tilts the playing field and direction perception upwards towards 161 - 183 or even, interestingly, 197.
Here, the investor should follow in a strong tone whether $ 131 is passed or not. Unless 131 is exceeded, the risks of 102 and 91 may remain on the table. Whether $91 works here or not would be readable but extremely risky for those looking for a short-term stop loss or looking for such a cautious cost. The safest thing here is to measure the passing of the resistance rather than measuring the supports in terms of ending the decline. If 131 dollars is exceeded, long trading discipline occurs in Whirlpool towards 161 - 183. Unless it exceeds $131, we need to be a little cautious in Whirlpool.
The information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy services are provided within the framework of the investment consultancy agreement to be signed between brokerage firms, portfolio management companies, banks that do not accept deposits and customers. The comments in this article are only my personal comments and these comments may not be appropriate for your financial situation and risk return. For this reason, investments should not be made based on the information and comments in my articles.
