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Es1

Are you dripping into your 401k yet?Are you dripping into your 401k yet? Not bad area to start dripping in imo for longer term positioning. Dovish powell, in reality it was all stated before and thats why we've had the market really for weeks/months softening rate hikes - the real question is when they will actually STOP! Now, we are at key resistance area, I like the next area of resistance 4200-4300. I'd appreciate any pull back for ES & NQ key tip: The market is forward looking Trade your own plan TJ
CME_MINI:ES1!
by Trade_Journal
ES1! Will Move Lower! Short! Here is our detailed technical review for ES1!. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 4198.00. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 4170.50 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
CME_MINI:ES1!Short
by SignalProvider
5
S&P500 Rising Wedge's short-term pull-back to the 1D MA50The S&P500 index (SPX) gave us the expected pull-back and buy entry within the Rising Wedge as per our last week analysis (chart below): The long-term structure is a Channel Up, so plan your trades in case of a Rising Wedge break-out. On the short-term, we expect the price to pull-back to the 1D MA50 (blue trend-line) and the bottom of the Rising Wedge at 4140. As long as the pattern holds, buy and target the top at 4250. If the top of the Wedge breaks, target 4295m just shy off the long-term Resistance of 4327 (August 15 2022 High). We will sell on the medium-term only if the price breaks below Support Zone 1 and target the 1D MA200 (orange trend-line), above Support Zone 2 and at the bottom of the long-term Channel Up. The 1D RSI Triangle pattern can give an early signal with regards to the direction in case of a break-out. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
U
by TradingShot
7
"Bearly" Alive, 31 May 2023🖼 Daily Technical Picture 📈 ➤ Bulls may have horns instead of FAANGS but it is just an effective weapon. By some measures the Bear market is over and the Bull market phase is in its infancy. ➤ For me, a strong monthly close in May above the February high is that confirmation. Such a close would reverse the downtrend on the monthly chart. A failure to do so will keep the Bears alive...barely. ➤ The only threat to the Bull market story is in the lack of breadth of stocks contributing to the rise of equities. A strong market is usually composed of multiple sectors leading the charge. Here we only have a very select group of mega tech stocks. To breathe new life into the Bearish narrative, the FAANG bubble needs to implode almost immediately along with the AI hype. ➤ I hold a small short position. ➤ Conclusion: 🐆 FAANGS are sharp. EQUITY TREND: ⦿ Short-term (weeks) - UP ⦿ Medium-term (< 6 months) - UP ⦿ Long-term (>6 months) - DOWN
AMEX:SPYShort
by mrstockyetoro
S&P 500, 5/31/23For Wednesday, the 4205.50 - 4220.00 region remains pivotal through the balance of the year, above which 4309.25 is attainable within the week.   Overall, a clear weekly settlement Friday above 4220.00 (last week failed to settle above this significant long-term channel top) would indicate longer-term bullish continuation, 4548.00 (rising weekly) then considered 3 - 5 month objective.   Downside Wednesday, breaking/opening below 4205.50 signals 4190.75, while closing below 4205.50 indicates a good weekly high, 4163.50 then expected within several days, 4090.25 within 2 - 3 weeks, possibly yielding 4012.00 by the end of June.
CME_MINI:ES1!
by SpecialeAnalysis
💡 SPX Seasonality: Sell in May and Go Away. Here's Memorial DayMemorial Day (originally known as Decoration Day) is a federal holiday in the United States for honoring and mourning the U.S. military personnel who have died while serving in the United States Armed Forces. For nowadays, it is observed on the last Monday of May, and this year it is observed on May 29, 2023. Memorial Day is considered a U.S. stock market holiday, which means the Nasdaq and New York Stock Exchange will be closed Monday, May 29. What is Sell in May and Go Away? Sell in May and Go Away refers to a well-known adage in the business and financial world. The phrase refers to an investment strategy for stocks based on the theory that the stock market underperforms in the four-month period between May and October (since June until September). In contrast, the 3-months period since November and until January sees much stronger stock market growth. For many past years I used many other websites to analyze seasonality of major stocks, indices, Fx pairs and commodities. Thanks to TradingView community and its awesome @tradeforopp wizard, the script Seasonality has changed the rules . As it described on Indicator webpage , This Seasonality indicator is meant to provide insight into an asset's average performance over specified periods of time (Daily, Monthly, and Quarterly). How the Sell in May and Go Away Strategy Works If investors follow the Sell in May and Go Away strategy, they sell stocks at the End of May (or during the late spring) and have the proceeds held in cash. Then, the investors would invest again in early October (or in the late autumn). That means, the investors would avoid holding stock during the summer months. History of Sell in May and Go Away 👉 “Sell in May and Go Away” has its origins in England or, more specifically, in London’s financial district. The original phrase was “Sell in May and go away, come back on St. Leger’s Day,” with the latter event referring to a horse race. 👉 Established in 1776, the St. Leger Stakes is one of the most well-known horse races in England, being the last leg of the British Triple Crown and is run at the Doncaster Racecourse in South Yorkshire in September of every year. In its original context, the adage recommended that British investors, aristocrats, and bankers should sell their shares in May, relax and enjoy the summer months while escaping the London heat, and return to the stock market in the autumn after the St. Leger Stakes. 👉 In the U.S., some investors have adopted a similar strategy by refraining from investing during the period between Memorial Day in May and Labor Day in September. Relevant Statistics and Considerations 👉 Historical data have generally supported the “Sell in May and Go Away” adage over the many years. The S&P 500 Index has recorded a cumulative three-month average annualized return of more than 10% in the period between November to January, based on the statistics data collected over the past 151 years. 👉 At the other side, S&P500 an average annualized gain is about Zero between May and October (June till September), based on the same statistics data collected over the past 151 years. 👉 Seasonal factors play an important role here, as end-of-year bonuses and the Santa Claus Rally, which refers to the stock market’s tendency to rally over the last few weeks of December into the first few months of the new year. Some theories behind it include increased holiday shopping, optimism and morale fueled by the Thanksgiving Day, winter holidays, or investors settling their books before going on holiday. February and March are relatively mild in terms of growth. The stock market could lifts in April and May due to the anticipated release of the first-quarter reports (for example, like after recently announced Q1'23 NASDAQ:NVDA report). 👉 In contrast, the summer time tends to be less optimistic, with first-quarter results over and many people spending less time paying attention to stocks as they go on summer vacation. In addition, specifically in election years, there tends to be a weakness of the stock market in September due to the uncertainty of the election results. The conclusion 👉 It should be noted that returns have often varied in different time periods, and there have been many exceptions. 👉 However the upper chart (SPX Seasonality) clearly illustrates that based on the statistics data collected over the past 151 years, the timeframe since June until September, averagely is the worst time to invest into SP500 Index, while June and September are the worst performer months over the all history of S&P500 since 1870s. 👉 Memorial Day could be considered as a starting point for the strategy, where the negative return of the following business day (or business week in a case of no significant change) after Memorial Day usually predicts the further stock market trends and directions until October (begin of fourth quarter).
CBOE:SPX
by Pandorra
4
Bullish breakout invalidated, divergence between SPX and HSIYesterday, the S&P 500 Index succumbed to market pressures and fell below the critical resistance level of $4,200. By doing so, SPX invalidated a bullish breakout above the narrow range (the zone between $4,050 and $4,200) and retraced very close to the 20-day SMA. This development might suggest exhaustion for the rally, but it is still too early for bears to call a victory. Therefore, to confirm the continuation on the downside, we would like to see the price break below the 20-day SMA and test support near $4,100 (and later near $4,075 and $4,050). On the contrary, to support a bullish case, we would like to see SPX breaking above the narrow range. In regard to technical indicators bolstering a bearish case, we would like to see RSI, Stochastic, and MACD (on the daily time frame) decline along with the price (and simultaneously, DM+ and DM- converging). To support a bullish view, we would seek divergence between DM+ and DM- and reversal (to the upside) in RSI, MACD, and Stochastic. Besides these developments, we want to bring attention to another subject: the Chinese stock market. A big emphasis was placed on China’s reopening in early 2023 after more than two years of lockdowns. In fact, the main narrative in the media was that this reopening would spur demand and help to divert the economic slowdown in the West. Consequently, we saw a rally in the U.S. equities coinciding with a slight rebound in some economic activity (but with the still relatively mixed big picture). During this time, we saw a high correlation between SPX and Hang Seng persist. However, in the last four weeks, Hang Seng has been increasingly diverging from SPX. That catches our attention as the excuse of recovery in China was used to prop up the Western markets, but now the Chinese stocks are seemingly rolling over (with Hang Seng losing 16% already from its 2023 high). We believe that if the selloff in the Chinese market continues, it will likely weigh on the thesis about recovery and dodging the recession. Illustration 1.01 Illustration 1.01 shows the daily chart of SPX. The orange line represents the Hang Seng index. A strong positive correlation can be observed between SPX and HSI in the period between November 2022 and April 2023. Technical analysis gauge Daily time frame = Neutral Weekly time frame = Neutral *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
SP:SPXShort
by Tradersweekly
20
ES1! Massive Short! SELL! My dear followers , Please, find my technical outlook for ES1! below: The price is coiling around a solid key level - 4214.75 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 4169.50 My Stop Loss - 4170.50 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
CME_MINI:ES1!Short
by AnabelSignals
10
Trends maxed to the upside; Some small pullback expectedWith things like NVidia at 175x Forward Earnings, I really see some pullback here on these overheated tech stocks. However, I am waiting to see the upward momentum waver before I decide to go in short on this overly optimistic AI fueled rally. Trends are now maxed out to the upside, and so I expect some pullback there as well so we can have trends to take us higher. Trends into today; Last Macro Trend Signal Spots 30m - 4150 Uptrend (5/24/2023) Lower High 1Hr - 4163 Uptrend (5/25/2023) Lower High 2Hr - 4167 Uptrend (5/26/2023) Higher High 3Hr - 4183 Uptrend (5/26/2023) Higher High 4Hr - 4210 Uptrend (5/26/2023) Higher High 6Hr - 4210 Uptrend (5/26/2023) Higher High 12Hr - 4224 Uptrend (5/28/2023) Higher High Daily - 4168 Uptrend (4/13/2023) Higher High Weekly - 4366 Downtrend (2/14/2022) Higher Low Economic Data; Mostly just jobs info all week. Couple other minor things but that is definitely the biggest driver all week. Earnings season is over. Geopolitical Issue; I think the biggest threat to this rally is Geopolitical issues rising with China and Taiwan, so keep your eyes on that. NVidia's success is based on their continued coupling with Taiwan Semi. Any threat to Taiwan, and subsequently Taiwan Semi, within the next 2 years or so while other companies gain the hardware to compete with Taiwan Semi, would crush the current AI bubble. That being said I haven't heard of any major aggression of China against Taiwan lately. My sentiment into today; Shorter Term - Neutral Short Term - Neutral Medium Term - Neutral Long Term - Neutral/Bullish Ultimately I still think the deciding factor is going to be the ESM contract ending here shortly. Safe trading, and remember your risk management.
CME_MINI:ES1!
by SemperTrader
Debt Ceiling Deal Reached (anybody shocked?) - Now What?S&P 500 INDEX MODEL TRADING PLANS for TUE. 05/30 Now that the Debt Ceiling drama is apparently over, can the markets continue to be intoxicated on the nVidia-A.I. exuberance and continue the bullish leg or get back to the macro-economic fundamentals of inflation, valuation, china-slowdown (bad news good news here, with hopes of China stimulus?) etc.? A couple of sessions into this shortened week shall reveal. Till then, caution might be warranted on the part of the bulls. We started last trading week with our trading plans on Monday titled: "Debt Ceiling Deadline Likely to Whipsaw the Markets", and these words: "Expect the approaching debt ceiling deadline to attract both bulls and bears to heightened speculation, resulting in some whipsaw movements until the deadline passes and the dust settles". The dust might be settling this week. Positional Trading Models: For today, our positional models indicate going short on the close if below 4180, with a 52-point trailing stop. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Aggressive/Intraday Models: Our aggressive, intraday models indicate the trading plans below for today. Aggressive, Intraday Trading Plans for TUE. 05/30: For today, our aggressive intraday models indicate going long on a break above 4256, 4226, 4203, 4187, or 4156 with a 9-point trailing stop, and going short on a break below 4250, 4218, 4199, 4183, or 4150 with a 9-point trailing stop.  Models indicate no explicit exits. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:01am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #fomc, #fed, #fedspeak, #regionalbanks, #debtceiling, #china
SP:SPX
by TradersAIDotCom
S&P 500, 5/30/23The 4220.00 long-term resistance area can contain buying through Q3, below which 4012.00 is attainable by the end of June, 3852.25 in reach over the next 2 - 3 months.   Upside, a weekly settlement above 4220.00 should mark the resumption of a long-term bull market, then anticipating 4548.00 within 3 - 5 months, a retest of the 4808.25, January 2022 all-time high attainable by the end of the year.   Downside, a weekly settlement below 4012.00 signals 3852.25 within 3 - 5 weeks, where the market can bottom out through the balance of the year. - For Tuesday, the 4205.50 - 4220.00 region remains pivotal through the balance of the year, above which 4309.25 is attainable within the week.   Overall, a clear weekly settlement Friday above 4220.00 (last week failed to settle above this significant long-term channel top) would indicate longer-term bull trend resumption, 4548.00 (rising weekly) then considered a 3 - 5 month objective.   Downside Tuesday, breaking/opening below 4205.50 signals 4190.75, while closing below 4205.50 indicates a good weekly high, 4166.25 then expected within several days, 4090.25 within 2 - 3 weeks, possibly yielding 4012.00 by the end of June.
CME_MINI:ES1!
by SpecialeAnalysis
S&P500: Upside limited to the August 2022 High. Buy the pull bacThe S&P500 index is approaching the top of the Megaphone pattern inside the wider Channel Up. The 1D time frame is bullish technically (RSI = 59.471, MACD = 22.900, ADX = 16.182) but only moderately. If the price crosses over the Megaphone, we will buy the breakout and target the top of the Channel Up (TP = 4,295). If not, we will buy the pull back near the 1D MA50, which is supporting since March 30th and target the R2 and August 16th High (TP = 4,330). If the index though crosses and closes under the 1D MA50, we will sell and target the S1 (TP = 4,045) and further closing under the S1, will target the bottom of the Megaphone and 1D MA200 (TP = 3,985). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500
by InvestingScope
14
Buy the Rumour, Sell the Fact, 28th May 2023🖼 Daily Technical Picture 📈 ➤ Traders hate weekends and public holidays, probably more so than losing trades. ➤ Equities were up strongly on Friday. I find it curious that with such strong bullish passion it failed to close above the recent high. I might be wrong, but it looks like a classic set-up: Buy the Rumour, Sell the Fact. The rumour is that the debt ceiling shenigans will be resolved...it is now a fact, at least "in principle" with a final vote in Congress. ➤ Clearly with that expectation and resolution, everything is in my opinon already "priced in". Could there be a surprise that falls short of a successful vote? This would be unlikely given the confident signaling. Otherwise, it would create utter chaos in the short-term. ➤ Conclusion: 🐆 Sell in June and go away? EQUITY TREND: ⦿ Short-term (weeks) - UP ⦿ Medium-term (< 6 months) - UP ⦿ Long-term (>6 months) - DOWN
AMEX:SPYShort
by mrstockyetoro
ES1!: Sellers In Panic! BUY! My dear subscribers , I analysed this chart on ES1!, and concluded the following: The asset is approaching an important pivot point 4219.25 Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 4256.00 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
CME_MINI:ES1!Long
by AnabelSignals
8
#AMD3 Leveraged 3x Long with American Micro Devices StocksAll the World chipmakers are on the rush this night, due to Nvidia Q1'23 Earnings Report. LSE:AMD3 is the Leverage Shares 3x AMD ETP Securities that seeks to track the iSTOXX Leveraged 3x AMD Index, which is designed to provide 3x the daily return of Advanced Micro Devices, Inc. stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying Advanced Micro Devices, Inc. stock and uses margin (borrowing) to purchase additional shares of Advanced Micro Devices, Inc. stock. For example, if Advanced Micro Devices, Inc. rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However, if Advanced Micro Devices, Inc. falls by 1% over a day, then the ETP will fall by 3%, excluding fees. Key Features • Opportunity to magnify returns in one simple trade. • Liquid. Trades like an equity on exchange, with multiple market makers (MMs). • You cannot lose more than the amount invested, and an intraday rebalance mechanism is designed to cushion the largest intra-day falls. • Simple to trade, no need for futures, no need to use margin accounts. • Transparent structure with full ownership of the underlying assets, so credit risk effectively negated. • Is independent and managed by industry experts. Key Risks • Investing in Short and Leveraged ETPs is only suitable for sophisticated traders who understand leverage, daily rebalancing and compounded daily returns. • Investors can lose the full value of their initial investment (but not more). • Losses are magnified due to the nature of leveraged returns. Therefore, Short and Leveraged ETPs are only suitable for investors willing to take a high level of risk. • Daily compounding may result in returns which an investor may not expect if the investor has not fully understood how a Leverage Shares ETP works. • Due to daily rebalancing and compounding, ETP returns measured over periods longer than one day may differ from the returns of the underlying stock multiplied by the leverage factor. • Only use these ETPs if you can monitor your positions daily or during the day. • Not an investment advise, so please see and read carefully the ‘Risks Factors’ section of the Prospectus for a more detailed discussion of the potential risks associated with an investment in this product. Key TA Highlights • LSE:AMD3 trades higher its weekly SMA(52), since middle of the May, 2023 • Technical picture indicates the possibility to further 100 per cent upside price action.
LSE:AMD3
by Pandorra
ES UpdateNot overbought yet, looks to me like it fills the gap Tuesday on a pump and dump. Looks like you'll still get the daily update Tues/Wed because I'm planning on shorting something, maybe shitcoin, lol. Debt deal will be a "sell the news" event next week. Keep in mind all it does is maintain the status quo, it doesn't actually mean anything. Market does look like it's rolled over a bit because Euro markets are closing but today is 401k Ponzi payday, so possible kick up in the afternoon as fund managers have to buy.
CME_MINI:ES1!
by hungry_hippo
1
Trends in a Middle Zone; direction undecidedI'm on my laptop working outside on my deck so this will probably be a bit brief. We basically have a flatlined higher high on the 2hr, I've gone short with it, but anything above this and my short positioning will be fizzled out for now. I'm up about $1000 on my 6E trade so I will be quick to cash out for a $4000 profit week and call it. Trends into today; Last Macro Trend Signal Spots 30m - 4150 Uptrend (5/24/2023) Lower High 1Hr - 4163 Uptrend (5/25/2023) Lower High 2Hr - 4167 Uptrend (5/26/2023) Higher High 3Hr - 4180 Downtrend (5/23/2023) Higher Low 4Hr - 4159 Downtrend (5/23/2023) Higher Low 6Hr - 4144 Downtrend (5/23/2023) Higher Low 12Hr - 4083 Downtrend (5/4/2023) Higher Low Daily - 4168 Uptrend (4/13/2023) Higher High Weekly - 4366 Downtrend (2/14/2022) Higher Low The Long Position; With momentum beginning to shift back up, any movement above 4167 may be followed with more upside. Additionally any retracement down may be a buy the dip moment. The Short Position; I am in what I would consider the last short position at 4167ish. The only other move I see is a strong push below the lower high trend of the 30m at 4147ish today. Economic Data; We have PCE, Durable Goods, and Personal Income today. All could cause some movement here soon. Earnings; At this point I consider earnings season to be over. I understand the investment into AI, but overall if investors don't take profit when things are up, what is the point of investing. Looking to see if people take profit soon on the various tech climb. My sentiment overall is; Shorter Term - Neutral Short Term - Neutral Medium Term - Neutral Long Term - Bullish/Neutral Safe trading! Remember your risk management!
CME_MINI:ES1!
by SemperTrader