SPX500 INDEX (SPY) Short Trade Explained!
hey guys,
the previously discussed 2800 level is still respected by the index and for now, bulls are not able to go through.
on 1H I have noticed a completed head and shoulders formation.
the market is currently in an attempt to break below its neckline.
in case of 1H candle close below the underlined support we can sell the market expecting the continuation to lower levels of structure:
2636.0 - previous support
2536.0 - next support
stop will lie above the right shoulder - 2800.
in case of a bullish reaction from neckline and continuation above the head level our setup will be invalid.
Sp1
SPX500, The most accurate place to SELL....Please Support this Idea with LIKE if it is Useful....
S&P500
The price is approaching strong Support/resistance level,if price reach the level it could give us a nice Sell opportunity with good R:R ratio,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
SPX500 INDEX (SPY) May Retrace! Here is WHY:
hey guys,
spy almost reached 2800 level.
if you open a daily or weekly chart, you will notice that it is a strong historical resistance level.
moreover, on 4H we have a perfect match between the resistance of the rising wedge pattern and previously mentioned structure.
+take into consideration dodji formation and rsi divergence.
these factors make me think that during Thursday's and Friday's session the market may retrace to the support of the wedge.
Adjust you trading plan accordingly!
good luck!
SP-500The number of investors has decreased over the past month,
Everything was classic they reported that a record number of brokerage accounts opened, people ran to the stock exchanges began to be interested in investments and of course, everything happens at the last moment.
Markets fell
I got these signals when people who had never experienced an investment started asking how to buy shares.
I track these signals very well - this entire process is explained by the logistics curve - the speed of information distribution
schedule
The US government has done much to stop this decline
- Stop exchanges
- Reducing the interest rate to zero
- The unlimited QE - an incentive program
I think the first wave is over and now I expect a local reversal.
The bottom is formed, the levels are held, the resistance line is broken.
And perhaps we will hold on to these pillars for another quarter or even go up.
This is despite the fact that the real sector, the real economy will be in a difficult position.
A large increase in business activity is possible.
Warehouse stocks are depleted, the population has lost a significant part of its purchasing power, but the US is now flooding everything with money and directly giving citizens money, only to those families who paid taxes.
For this reason, I expect a rebound in the real sector, but it will not belong,
because all the debt problems remained, the real estate market burst, and a wave of consumer bankruptcies.
There will be a short-term economic recovery, and then there will be another wave of decline
There have been no defaults in the world's economies yet.
We are witnesses to a changing economic system
Best Regards EXCAVO
S&P 500 index the end of uptrendS&P 500 index uptrend ended. Previous lower low is broken. Nearest S&P target is 1650. Close your long positions.
SPX500 INDEX (SPY) LES'T SCALP US SESSION!
hey guys,
I bought spy from 2500!
reason - double bottom formation and breakout of a minor resistance!
entry based on the retest of the broken structure.
my target levels: 2562 / 2640
stop to breakeven after T1 is reached!
good luck!
please, support the idea with like and comment!
thank you!
S&P500 | Price is in Downtrend Channel,The best place to SELL!..Please Support this Idea with LIKE if it is Useful....
S&P500
The price is following a downtrend channel,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
for price to become bullish it has to break above the channel...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
SPX500 INDEX (SPY) CATCHING MARKET RECOVERY!
hey guys,
pay attention to this falling wedge pattern on 4H.
currently, we see an attempt of bulls to break above it.
we need 4H candle close to confirm a breakout, then we are free to buy the market expecting a retracement at least to 2690.
good luck!
please, support the idea with like and comment! thank you!
S&P500 closed below Key Support level,SELL on pullback...Please Support this Idea with LIKE if it is Useful....
S&P500
The price is below Support/resistance level,and fundamentally the price is very Bearish ,After a correction there is a chance that price will continue its bearish move,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity,The market is very bearish it could continue without any correction.
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
SPX500 INDEX (SPY) KEY LEVELS
These last few days spy is relatively slow.
This is the calm before the storm.
Currently, the market is accumulating volumes and we are preparing for the next wave.
I don't know whether we will go lower, or finally, we will see a pullback.
No matter what is gonna happen, here are key levels to consider:
in case of a bearish breakout below current support, 2140 is the next strong support.
then goes 1850.
in case of a pullback, 2620 is the first resistance to consider.
adjust you trading plan accordingly.
good luck!
S&P500 is below Support/Resistance,wait for a pullback to SELL..Please Support this Idea with LIKE if it is Useful....
S&P500
The price is below Support/resistance level,and fundamentally the price is very Bearish ,After a correction there is a chance that price will continue its bearish move,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity,The market is very bearish it could continue without any correction.we can't take entry in an impulse it will increase our risk.In case if price breaks above the support/resistance then we have to wait for a clear direction and after a pullback we can look for short term buy opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
S&P 500 Index (SPY) Still Not Too Low!
I noticed that some traders and investors have already started buying spy on discount assuming that the market has finally found its bottom.
BUT
Look at a daily chart:
key 2330 level still is not reached!
I still believe that the market can go lower and at least the underlined level will be tested, and who knows, pullback and next wave to the downside.
too early to change bias, folks. pay attention to inside bar formation on daily and look for a side of a breakout.
then act accordingly.
+ if you are still short biased, sell from the candle open of the last mother's bar. perfect trend continuation entry!
good luck!
S&P500 could test 2007's High.The price is near 38,2% correction.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
S&P500 Index (SPY) Time For The Next Decision
SPY is stuck in a decision range between two key structure levels.
if you still don't have an active position, the best strategy is to wait for a breakout.
the side of the breakout will show you the future market direction with a high degree of accuracy.
of course, we still stick to a bearish bias and bearish scenario is highly probable,
but in our age of uncertainty, everything can happen!
our first goal for bearish breakout will be 2600 level.
for bullish breakout - 2970
good luck and be patient!
S&P-500On March 17-18, there will be another FED meeting and the interest rate may be lowered, but if they don't reduce it the markets will be hurt. They don't have much space now at 1% and the fourth rate cut will lead to zero-zero or even negative.
Soon the presidential election, the correlation is 100% if the candidate wants to be re-elected and there has been a recession in the financial markets during this time, the president has never been re-elected in conditions like this.
Mr. Trump in one of his main speeches said: "buy shares".
He constantly has commented on the market and in the end, Trump will approach the election with a negative economic market condition.
I think it will harm his chance to be re-elected president again.
When he was in Europe, he said he liked negative rates. Mr. Trump tweeted when Obama was still president that if some president lets Dow Jones drop over 1,000 points happen, you had to shove him in a gun and shoot him in space.
Now the Dow Jones drops 1,000 points every day. The market isn't feverish now because of the coronavirus, the markets aren't looking at the virus anymore, everybody's focusing on the election.
Biden said he'd take Michelle Obama in the team. But it's not gonna help much as I think it will.
Michael Bloomberg withdrew his candidacy, Elizabeth Warren withdrew her too.
In my opinion, he'd be a good rival against Mr. Trump, the other candidates are losing.
Let's see how it goes, I am not a politician and I am not a US resident.
That's my subjective opinion.
You can also see the expectations of market participants on the future president at this platform ftx.com
And on this chart
Best regards EXCAVO
S&P 500 Index (SPX500) May Go Much Lower! Key Levels To Note
buyers show their unwillingness to buy on dips.
the market went rejected after a minor retracement from 2888 support.
looks like selling volumes are accumulating and bears preparing for a breakout.
the best strategy for us to follow is to sell the breakouts of these key levels expecting a drop to the next one.
Key levels:
2744
2560
2343
note how perfectly structure matches with key levels.
good luck!
please, support the idea with like! thank you!