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Sandp500

20 Year SPX Bear MarketAfter looking over and fine-tuning my analysis for SPX over the past few months, I think I've calibrated things as good as they will get for now (barring any new, major developments which would force me to re-adjust my wave count). SPX has been on a tear from 1877 to 2022 for a very large Grand Supercycle (a 5 wave move lasting more than 100 years). Though timely corrections were seen during the Great Depression (1929-39 roughly) and during the 9-11/Iraqi War timeframe (early 2000s), to name a few, the Bulls have always responded and claimed higher highs afterwards. Giving SPX traders the feeling that it will never ever come down. However, the injection of the COVID era seems to have forced the SPX into a much different and more dramatic phase potentially. Though a new all-time high was seen after the introduction of COVID-19, the lingering nature of this disease and its effect on global economies will continue take a toll on the US Stock Market as it seems.. Surely, I'm no Doctor but I think SPX has a case of Long COVID to put it more plainly. Beyond the fractal by fractal wave counting, I've also heavily considered fibonacci levels plus RSI readings. Things to note: 1) Wave 5 terminates between +1.38 or +1.618, compared to the size of Wave 4. Currently the hypothetical Wave 5 sits at more than +2(00%) the size of Wave 4, technically making it extended. 2) The Elliott Wave science suggests that RSI has the lowest peak in Wave 1, the highest peak in Wave 3 and an obvious divergence in the peak of Wave 5's divergence. Looking at the circled areas of SPX's RSI window, all of these guidelines seem to ring tru. Its clear to see that the RSI peaked in Wave 3, its also clear to see that although Wave 5 made a higher-high in price action - the RSI level terminated at a lower level compared to Wave 3, its also clear to see that the RSI in Wave 1 was the lowest of the three-trending-waves (1,3 and 5; Waves 2 and 4 are corrections against the trend). As for price levels, its my belief that if SPX cannot reclaim and hold support above 4000=4600 in the next few years to come then the pending pump (which should initiate in the days/weeks ahead) will only serve as a correction/relief rally/retracement. WIthout 4000-4600 turning into support (in the next few years), I have reason to believe that the Bear Markets is even more likely (see outline below).
SP:SPX
by DigitalSurfTrading
12
SPY 2 Bearish Scenarios 1. Less Bearish Scenario We have a 1-2 1-2 with the impulse wave 3 down in progress or still to come. The difference between the 2 scenarios is the higher timeframe. In this less bearish scenario, this move down is part of the primary wave C in the correction that started Jan 22. Once is done a new cycle will begin. 2. Bearish scenario In the bearish scenario, this move down is part of the primary wave 3 and not wave C. We are still in the 1-2 1-2 waves down with minor wave 3 yet to come. All of these waves are part of the primary wave 3 in the correction that started on January 22. Are you berish? What other alternate scenarios do you see? Legal Disclaimer: The information presented in this analysis is solely for informational and educational purpose and does not serve as financial advice.
AMEX:SPYShort
by WavesInvesting
$SPX 2 Scenarios2 Scenarios for SP:SPX here: 1. Bullish Scenario We have an impulse wave up and we are currently in wave 4 correction. and wave 5 up still to unfold. 2. Bearish scenario We are in an ABC correction. We need hard evidence to confirm that the next impulse wave down has begun. The moment that decisively breaks the lower parallel channel we can say that the impulse wave down has begun. Conclusion: We are at an important junction and the market either complies with the bullish or bearish scenario, giving us tremendous insight. Which side are you on? Are you a bull or a bear here?
SP:SPX
by WavesInvesting
US500 - Break or Make Zone ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📊 After successfully rebounding from the previous major low at 4340.0, the US500 has displayed an overall bullish trend over the past few days. However, it currently faces a formidable resistance level, which suggests that bearish pressure could emerge in the near future. 📉 For the bears to gain control, a break below the most recent minor low at 4487.0 is essential. 📈 Conversely, if the bulls maintain their dominance and manage to breach the 4540.0 resistance, we can anticipate further bullish momentum towards the subsequent resistance at 4600.0. Which of these scenarios is more likely to occur first, and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
CAPITALCOM:US500
by TheSignalyst
4
Bears BewareThe S&P 500 is setup in a third wave extension, likely to burn out around the 448 range. The pullback to follow this will likely start out slow as bulls pull back their bids overall. Expecting this pullback to proceed to the $422-$428 range in early-mid august. I am best at predicting what, not when. Trend lines do great help in trying to assess the pace of the wave-count. This pullback will be the setup for one last bullish reclaim that could have us seeing as far as $460 before this correctional is completely finished up. This is one of the largest most substantial correctional waves we've ever seen on the S&P 500.
AMEX:SPYShort
by ThePennyMan
3
resistance will fallThe S&P500 has worked its way up to a resistance area currently around 4300 points. Due to the price development and the current situation of the indicators, it is most likely to be assumed that the resistance will be overcome and the index will continue its upward movement to around 4600 points. Temporary setbacks could be considered as a buying opportunity. To signal a resilient move into a longer sustained move down, the US500 would need to break below the orange colored average in the chart above.
PEPPERSTONE:US500Long
by alysta
SPX Can Drop More, Watch For Bearish Continuations Here on S&P500, price has completed a larger continuation correction on the larger scale, and lower time frame is showing more bearish price action. What we can see now is the price has clearly move down in an impulsive phase on the latest development since last week. This is good sign for more bearish price action this week. For now, its best to see if another consolidation could form this week, and continue the bearish trend down to the previous lows.
OANDA:SPX500USDShort
by jojofang0901
6
SPX Model Trading Plans for TUE. 02/28Inflation and Rising Yields The rising yields and inflation concerns still a big hang over on the markets. However, the increasingly bearish retail traders' positioning indicates to a potential for upside spike. Thus, bears need to be extremely nimble as there is a risk of sudden upside spikes due to retail stop runs by the big boys. Positional Trading Models: Our positional models are indicating to stay on the sidelines for the day. 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. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for TUE. 02/28: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 3990, 3962, or 3953  with a 9-point trailing stop, and going short on a break below 3987, 3970, 3958, or 3949 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 3975. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:30am 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 #fomc #fed #newhigh #stocks #futures #inflation #powell #interestrates #pce
SP:SPX
by TradersAICorp
SPX Model Trading Plans for FRI. 02/24Inflation Tamed Not The Inflation numbers (PCE) this morning do not bode well, especially given the increasingly hawkish rhetoric coming out from the various Fed speakers. However, the increasingly bearish retail traders' positioning indicates to a potential for upside spike. Thus, bears need to be patient before striking as there is a risk of retail stop runs by the big boys. Positional Trading Models: Our positional models are indicating to stay on the sidelines for the day. 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. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for FRI. 02/24: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 3966, 3955, or 3945 with a 9-point trailing stop, and going short on a break below 3949 or 3943 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 3963. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:00am 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 #fomc #fed #newhigh #stocks #futures #inflation #powell #interestrates #pce
SP:SPX
by TradersAICorp
SPX weekly, should we start?Phsycologically I am saying this is over and it's time to look up! Technically I am saying this is not the cheapest and could be lower.., on the other hand technically not a bad point to start! We would need more reason to go down, another geographical war could be a reason.. Neither Inflation nor recession have made a big fear on the market due to unemployment rates. In this uncertanity why should I buy? in this summer we saw the highest oil and shipment fee; however especially now the demand reduced; so did the shipment fee and oil! In the following months inflation rates might be lower than expected (I believe this will continue until the next April) Only time will tell the truth Guys! Let me know your thoughts if you have any.. Listen, If you are not comfartable enough to take any risk at all.. this is not the place for you! If you are an excited person, this is not the place for you! Please don't climb up any bridge when you lose your money, that only brings more suffer for others When you lose your money you lose nothing When you lose your health you lose something But if you lose your character you lose everything (Lansky) Thanks
SP:SPX
by BistTrader
4