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Sp500analysis

S&P500: No Time to Relax 🥵S&P500 has lived through two exhausting weeks, exploring virtually every level of the blue area between 4698 and 4552 points, and lately going below it on its search for a new low. However, there is no time to relax now! We expect the index to finish wave in blue just below the blue area (and allow him a buffer zone only until 4492 points). Then, it should be full of go again. The following surge should slingshot the index up into the upper blue area between 4992 and 5099 points, where the destination of wave in blue should be located. However, we have worked out an alternative that is not to be sneezed at! There is a 40% chance that the index could initially go further down if it lingers below the support at 4492 points. It shouldn’t fall below 4269 points though. The trend reversal should take place in the lower blue belt between 4399 and 4293 points and ensure a new rise. All in all, S&P500 should be ready to go up again before touching the support at 4492 points. Still, with a probability of 40%, it could slide below this mark at first.
CME_MINI:ES1!Long
by MarketIntel
2
SP500- Bearish Engulfing announce correction?In yesterday's Nasdaq100 analysis I said that I expect a drop for the index and 14k is my first target. Things are not different for SP500, here also expecting the price to drop. Also, SP500 has started the year badly, with a bearish engulfing weekly candle and, although the price structure is not so bearish like in Nasdaq's case, a drop is probable here also. 4600 is trend line support, that kept the price elevated for more than a year now, and a break here would increase chances for a drop to 4250-4300 horizontal support. In bearish this index too and I will look to sell rallies. A new ATH would delay this scenario.
OANDA:SPX500USDShort
by Mihai_Iacob
9
S&P 500 Index (SPX) Forecast 2022-2023Hello friends, today I am reviewing the yearly linear scale chart for S&P 500 Index (SPX). In the chart I noted: 1) The price has been rising consistently since 1989-1990 with the price moving up in an Arc Pattern since 2009. 2) The price touched the Arc trendline in 2009 and again in 2020. If the price comes down to touch the Arc trendline in 2022, that would be a 40% drop. If it comes down in 2023, the price would drop 30%. 3) In 2009, the price dropped around 38%. I took the RSI at that time and matched it with the RSI at the current levels. If the current price falls, the RSI may also fall to the 60 to 61 range. 4) The RSI (relative strength index) has had a long standing support and resistance at 60 to 61. There is also a long term bottom trendline on the RSI dating back to 1932, in case it falls further. A drop in the price to meet the Arc trendline is coming up. Let's see if it is in 2022 or 2023? What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
SP:SPX
by MillionaireEconomics
2
SPX S&P 500 Index: Support Areas Going DownHello friends, today you can review the technical analysis on the 1D linear scale chart for S&P 500 Index (SPX). There are many technical indicators and oscillators noted in the analysis, so please review everything. #CryptoPickk noted in the chart: 1) The S&P 500 Index met an all time high recently and has been correcting since that point. 2) In the Idea below, #CryptoPickk shows the macro chart of SPX and how it has been on a massive run. A correction was more or less imminent. 3) A Fibonacci Retracement is shown with the price currently hovering around the Golden Pocket (0.65-0.618) zone. The 0.382 level is an area where the price may touch and move back up. 4) The 0.382 Fib level is also in the area of the 100 MA (moving average) around $4,481. 5) There are three noted support areas in the green dash lines. The bottom two fall in the area of the 100 MA and 0.382 Fib level as well as prior Support and Resistance (S/R) areas. 6) The Volume Profile (VPVR) shows heavy pockets of volume around the 100 MA as circled in the red oval on the left side of the chart. 7) The RSI (relative strength index) has been falling with prior trends of dropping RSI levels in the red ovals. With sharp drops in RSI, there is also fairly quick recoveries showing many V or W shaped recoveries. 8) The Volume is healthy but naturally since it is a major US Exchange. 9) If the price goes to the 100 MA and 0.382 Fibonacci areas, it could drop another 3%. 10) If price falls past the 0.236 Fib area, we could go back down much further. 11) If SPX falls, expect the other markets to fall as well including #Cryptocurrencies. The US Dollar Index (DXY) may get stronger during this time. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
SP:SPX
by MillionaireEconomics
3
S&P500 SPX500 SPX DJI DJT has hit a strong resistance🚨 S&P500 has hit a strong resistance trend-line 🚨 S&P500 has hit a strong resistance trend-line (violet line) and has formed an Evening Star Candle! This means that there is a very high probability for strong pullback. If the S&P500 can not find support on the red trend-line (at about $4600) we should see a correction down to the 50 DMA or 100 DMA. 50 MA is at approx. $4500 and the 100 MA is at about $4450. It is time to hedge yourself and to sell some overvalued stocks. If you are an experienced trader you should also think about opening a short position (intermediate-term swing trade / short trade). As far as I know, Michael Burry has already opened a big short position. The economy is still in a major post-pandemic depression and many S&P500 companies are not profitable anymore! FED has pumped up the stock market artificially with free funny money that it has even broken above a resistance trend-line (red line, has now become a support line) which exists since 1936 and at the same time the Buffet indicator indicates an extreme overvalued sell signal! Also the Wave Trend Oscillator, MACD and StochRSI has crossed bearish at 1D TF recently which means that bullish momentum is exhausted and that we are at a tipping point right now. On the H4-TF there is a bearish divergence on the MFI! SMI (smart money indicator) shows that smart money is scaling out for months now (not shown on chart). Furthermore, sentiment signals also indicated very rare warning signals. For instance, Jason Goepfert's (sentiment-trader) indicators flashed rare warning signals recently, which means that there is a high spread between bear market probability and macro index models. Last time Jason´s sentiment indicator showed such a high spread was 14 years ago! Also Robert Prechter's Bear Market Prediction (Macro Elliott Wave Analysis with Fibonacci-Cycles) is confirming that we are nearing the end of a major stock bull market soon. Ray Dalio´s debt cycle model (Short & Long-Term Debt-Cycles) is also indicating that we are on the verge of a serve debt crisis which will cause a major post-pandemic depression similar to 1929. Currently the consensus (the herd) is thinking that we are currently in a high inflationary environment, but this was just a temporary spike in inflation rate which is currently at a dipping point. A deflationary shock will come sooner or later but an accurate predication when this will happen is impossible. When the debt bubble implodes (credit crunch) there will be high deflation also when it could be short-lived (economic depressions are usually deflationary). Also smart-money is betting on deflation which is anticipated in the recent raise of bond prices. At the end of the debt cycle central banks will expand the money supply even further (more money printing) which could cause high inflation but this also depends on factors like velocity of money and on the credit supply. For instance Japan is in a depression for approximately 30 years and there is still no high inflation due to manipulation with negative interest rate policy (NIRP). Be prepared and have CASH on the sidelines. This could get very ugly! Of course these major stock market signals also have negative impact on cryptos as well... We recommend to accumulate gold and silver during the coming deflationary shock. Also US treasury bonds usually are a good investment in a low-interest rate environment (=raising bond prices). A deflationary shock will be a very good opportunity :-) Disclaimer! I´m not a financial adviser. For educational purpose only! You can use the information from the post to make your own trading decisions. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
SP:SPXShort
by Asset-Ethology
3
New Sell Signal - Time to Hedge/Exit Longs/Buy volatility imo.Hi folks! See my Previous post for more information - in short, I believe it is really about time to start hedging long exposure to the broad U.S. Stock market. T.A. Arguments: - SPY tested both the massive broken trend line from march 2020 yesterday and got rejected. - This Coincided with a rejection off the upper 1D Bollinger Bands. - The insane long term RSI divergence is still valid. - Trading volume very correlated with the VIX - i.e. higher volume on high-fear (and usually mostly red) days. - VIX has turned up from right below 15 despite new intraday ATH every day. Green VIX on green SPY-days are not a good sign. - (Not shown on chart) money Flow ETF also show a massive divergence, meaning that one USD increase in S&P500 value corresponds to less money invested (more investors are holding the same hand). - (Now shown on chart) Fear and Greed Index - generally a decent contrarian indicator - is about to turn "Extremely Bullish" yet again. - SPY/M2SL is now above its level on February 2020 - a level only seen at that time and at the peak of the DotCom bubble. Other arguments: - Liquidity crunch from tapering in the U.S., rate hikes from almost every central bank (yes, people from all over the world has contributed to this bubble - not only those directly affected by the U.S. Fed), Potentially forced downturn (debt regulation) due to inflation and default risks. - Potential collapse of the Chinese Property sector and its stakeholders - it seems very odd if this is priced at these levels. - Potential Tether collapse (yes, you heard me right): If most of its 70 Billion USD reserves are (as rumours has it) actually in risky EM (including chinese Property) commercial paper, it is a massive risk for the crypto industry and all the liquidity currently placed there - such an event will be contagious with a high probability. As I am just a greedy trader, I also want to take advantage of this environment, so I have loaded up on VIX futures (see orange graph). My opinion is that volatility (and hedging in general) is extremely cheap at the moment with respect to the current market state. However, this is a risky move (might even be riskier than holding the SPY), so I do not recommend (or is in any way authorised to recommend) such a move - I just state that I am doing so myself, as you should never lister to someone without skin in the game. I wish you all well :) DYOR. NFA. Neve take the words of others as a given!
AMEX:SPYShort
by TheDots
6
S&P500 Long and Short SetupS&P 500 Weekly Plan Long Setup: 🔵 Entry Level: $4598.0 🟢 Take Profit: $4645.3 (2.05 R) ⛔ Stop Loss: $4574.9 Short Setup: 🔵 Entry Level: $4651.8 🟢 Take Profit: $4599.4 (1.59 R) ⛔ Stop Loss: $4684.7 Reasons: 1) A clear setup would be opening a long position at what was recently resistance, as it is likely to be turned into support. However, this is too obvious of a setup and I believe a lot of traders will place buy orders there, so I believe there may be a fake-out. As such, I will be waiting for a retest of that level and if it holds, I will open a long order. I am mapping this level at the moment, so that I am prepared. 2) The short order is placed at the upper trend line of the ascending channel. It has already been respected 5 times, so I will keep opening short orders until it either fails (price goes through it) or we stop testing it. With that being said, the entry may move up depending on how the price reacts in the next couple of days
CAPITALCOM:US500Long
by Quant_
S&P500 trading higher, traders shall stay cautious CME_MINI:ES1! S&P500 futures have crossed upwards over 50 days Moving Average and the trend seems to be stronger than ever. Stimulus from FED and positive tones regarding stimulus from other major central banks fulfill the market with the bullish signal. However, traders must be careful as we are getting closer to All-Time High -levels once again. The market has a lot of positive tones but bears might surprise investors any time. It is challenging to guess when the market will turn down, if signals arise, traders must be willing to change perspective and potentially take short positions. Breaking All-Time High numbers will almost for sure trigger "take-win" transactions for some traders and increase downside risk. Right now, there are no indications, so holding long positions is the best bet in my opinion. Disclaimer: NOT AN INVESTMENT ADVICE
CME_MINI:ES1!Long
by Henrythemaestro
S&P500 S&P500 correction coming Also #Btc ......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
OANDA:SPX500USDShort
by Crypto-IR