Get started

Snp500long

Long on S&P 500During the last few days, both Cryptocurrency prices and US equity prices has been shaky and have dropped from their ATH (All-time-high). Reason being that there was uncertainty in leading up to Federal Reserve Chair Jerome Powell speech. Many investors were speculating that interest rate might increase together with treasury yields because inflation of 2% is being met by the economy. So how does interest rate affects prices of cryptocurrencies and US stocks? If interest rates increases, US market will suffer because the cost of borrowing for big companies increases. On top of that, the returns on risk free investment, ie deposits with the banks would increases, therefore there will be an outflow of investments from cryptocurrencies and equities into these safer fixed income assets with the government and banks since interest rate increases and returns are slightly more attractive. However, Powell announced yesterday (12 hours ago) that economy still needs Fed support and pushes back on inflation worries. Federal Reserve Chair Jerome Powell on Tuesday pushed back on suggestions that U.S. central bank support for the economy risked inflating a dangerous asset bubble, insisting the support was still needed and that investors were responding mostly to expectations for a successful recovery. Therefore, i believe this year will still rally for both cryptocurrency and US market and we will see a rebound from this dip soon.
SP:SPXLong
by Trader_hao
Still bullish on the SnP500Indeed. In the middle of a major fractal pattern here with still more room to move up. Goaling for early to mid 3900s before reassessing again. With the election in the US over and done with, we may be looking at another major rally that tend to happen after confidence is up post elections. On the other hand, we are facing a second wave of Coronachan and what appears to be an unavoidable economic collapse of sorts. There is no other way but to play this one by the ear. But, as of now, the picture looks good for longs. Not financial advice.
SP:SPXLong
by Rykin_Capital
Snp500 election rallyOn average, most stocks in the US market and stocks that i previously mentioned in my portfolio are up by approximately 10% in just 1 week. Markets were already surging last week as it became apparent the former vice-president was on course for victory and that Republicans would likely hold the Senate, allowing them to rein in any big regulatory or tax policies. Stocks, oil and high-yielding currencies rallied on Monday after Joe Biden was declared winner of the US election at the weekend, lifting a major source of uncertainty, while traders are hoping lawmakers will now focus on passing a new stimulus for the world's biggest economy. "Stimulus deal" headlines could once again swing the market rally. Although earnings for many companies might still be heavy for the next few weeks. Traders need to pay attention to news on also the covid cases and also potential vaccine news as these could also impact the market.
TVC:SPXLong
by Trader_hao
S&P500 RANGE UNCERTAINTY|ANALYSIS SPY HAS BROKEN THE SUPPORT AND IS STUCK IN A RANGE (1) The direction of the breakout will decide if SPY "brakes it or make it" (2) If SPY starts falling it will signal the end of the marvelous rally, and will mark us entering the recession. (3) So far it looks bullish within the range. Daytrading the range is a great strategy. But if you decide to trade overnight- use options instead as a hedge against gaps! (4) Today is Friday, so if the bullish momentum proves itself SPY will close near the range resistance. One might consider a long after the mkt opening. _____________________________________________________________________________ LIKE and SUBSCRIBE for LOVE!
AMEX:SPYLong
by ProSignalsFx
1
SNP 500 Long trade after retracement to validate entryEntry at 3275 - 3280 TP set to 3380 SL 3260 If old highs are run before entry is given, I'll wipe this trade call. The reason being is that the resting liquidity from old posted highs, really puts the odds in our favour on this trade. Don't forget to check out my other calls made this week & wait for the price to fall into our traps for this signal to be valid. Today I have some orders soaking in the market for Silver, live plays on Bitcoin and longer-term holds related to Silver, all of which can be found under my profile. Click FOLLOW on my profile and like comment the post to receive updates as I'll be updating this trade of a lifetime as it unfolds.
ULong
by showmethepips
🤷‍♂Are retail investors getting caught in a major bear-trap?🔥The S&P500 has been in its longest bull market in history, did that come to an end in March 2020? Is this a dead-cat bounce or is the bottom in and we should starting putting on our S&P500 40k hats? One sign of this being a dead-cat bounce is that since 2018, the RSI (an indicator of the momentum) has been declining while prices have been rising. In 2019 and 2020 the RSI went below 50 for the first time in 8 years, while prices made new all-time highs. This does not mean it’s a dead-cat bounce, but shows signs that the bull market was already losing steam before 2020. There has been a slew of articles stating retail investors using apps like RobinHood is on the increase. With very little sports betting going on, many are turning their hands at trading to "buy the dip". During every bubble the ones that get burnt are retail investors who are the last ones to the party, the stock market just went on its biggest bull run ever, retail investors missed out and thanks to the lock-down have all come running in at once to hold the bags. RSI doesn’t show a lot of monument for such a strong price movement since March, this could be due to retail investors who usually buy in smaller amounts. What does the S&P500 need to push to new highs? The markets need good news, the best form of good news is from earning reports, companies keeping dividends etc. But we have not got that, instead we got higher job losses, dividend cuts, bailouts, bankruptcies. These are all signs of a fragile economy. The market is moving up on news of fresh government stimulus, but will this enough to get the market to reach all-time highs? If you keep printing money will that make the economy better? We are about to find out. If we do not breakout to the upside, we can expect to re-test the lows around 24,500 and if that does not hold, the 19,000 range.
OANDA:SPX500USD
by BangkokCharts
S&P 500 Index (SPX) - Rally could end here Hey everyone, here's the analysis on SPX. Follow us, leave a like and comment on stock ideas you look forward to seeing next! Analysis: R1 zone is a strong resistance and breakout zone and price could drop to our S1 zone at 2541.5. If this level does not hold, it could drop lower to our next support zone, as illustrated by the black lines. Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
TVC:SPXShort
by TradingBean
SPX: A Technical Approach to the Stock Market 1H (Apr. 20)X FORCE GLOBAL ANALYSIS: In this analysis, we take a purely technical approach to the S&P 500 Index. Bullish Evidence - We see a bullish divergence, with higher lows on the price, and lower lows on the indicator - The Relative Strength Index (RSI) shows lower lows, as well the Moving Average Convergence Divergence (MACD) - We are also creating higher lows and higher highs in an ascending trend line, having broken through a lot of strong resistances - The RSI is looking for another breakout through the descending trend line resistance Bearish Evidence - However, we also spot a bearish divergence, in which the price forms higher highs, and the indicators show lower lows - The RSI is trading within a downtrend, showing signs of weakening strength, forming lower highs and lower lows - The RSI is at overbought levels - The MACD also shows greater bearish histograms and a downtrend in the moving averages, showing a lack of momentum - On the bigger picture, we are trading within a bearish ascending wedge Market Sentiment: We are still at the 'fear' zone in the fear greed index, but as the stock market showed a strong bounce, bullish sentiment begins to kick into the market again. What We Believe Based on purely the technicals demonstrated in the chart above, it seems as though the probabilities for a bearish case are higher. However, given that we take into consideration the amount of money the US government and Fed is looking to pour into the financial market, as well as the improving situation of the Corona Virus (Covid-19) in the states, the bullish scenario's probabilities aren't comparably too low either. Trade Safe.
SP:SPX
by XForceGlobal
5
Covid crisis and S&P500The previous resistance at 2635 was broken after 3 attempts and now, forming the new support line at that level. New resistance is currently at 2810 and has been tested twice. Look like it might head down a little before trying the resistance again. The stock market continued to rise last week, even as Labor Department data continued to show signs of high unemployment level. The most straightforward reading of the mismatch between the stock market and the labor market data is that Congress did a much better job preserving the value of capital owners’ investments than of saving jobs. Another reason might be that investors have gotten very optimistic. It’s true that intense restrictions on activity seem to be effectively slowing the spread of the virus. And it’s true that the Italian and Spanish experiences suggest that means that we could be seeing declining deaths and case volumes by the end of April.
CME_MINI:ES1!
by Trader_hao