Sp500analysis
SP500 Analysis 8_21Price is looking to try and reach previous day highs but is struggling. Looking for shorts
below 5600 level to take to Monday sell side liquidity. Bulls have been pushing price higher last 2 days. will see what happens around 10 am.
Good luck trading. Risk Mngt.
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Is SP500 strike to cover crisisDear All,
This is SP500 to GDP Ratio chart which is show us maybe we should ready for another crisis. If you compare this chart to Will500PR to GDP Ratio I have published before you can clearly see negative bearish divergence between these two that means total public traded shares do not touched higher top but SP500 index reaches higher rates; So its obvious to see a sharp shrinkage as soon as possible. See if FED can cover it by soft landing or not?
SP500 AnalysisPrice has been buying since unemployment news last Thursday August 8th, which was the
catalyst to begin the move to get buyers back in markets. Breaking last weeks high on Monday
still moving. Wednesday was choppy but still saw the Dump and Pump set up after Cpi News
that tricked out sellers and quickly went to the topside. Price can go either way. Looking to see price run up to 5494 and wait for a sell confirmation around there.
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SP500 new ath before collapseSP:SPX
Last time we dropped 35% on covid pandemic
Now we have a correction 27% its more than enough
Last impulse up till 2025 November can be in a range 5500 - 6200 Take profit and exit line on my custom indicator, all lines are dynamic
Before we will see new trigger and end of 18 year property cycle
Than we will see big correction to 3200-3000 "Buy line" on my custom indicator
Based on my second indicator Market Mood we already 3 times passed white zone on indicator which called disbelief zone when the best time accumulate crypto, indexes, etc
Last impulse will be slowly but surely and will end on euphoria before disaster conflict between USA and China, hunger, new pandemic.
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S&P 500 ANALIYSIS !!S&P 500 Analysis
The S&P 500 has recently broken out of a "cup and handle" pattern, which is typically a bullish indicator. This breakout suggests a continuation of the upward trend, supported by the 21-day moving average that acts as a dynamic support level.
Cup and Handle Pattern: This pattern is characterized by a "cup" formation followed by a short consolidation period that forms a "handle." The breakout above the handle signals a bullish trend.
21-Day Moving Average: The S&P 500 is currently trading above the 21-day moving average, which acts as a support level and confirms the ongoing bullish momentum
Retest Above Breakout Level: The S&P 500 will likely retest the breakout level. A successful retest would further confirm the bullish trend.
CME Gap Considerations: There is a CME gap above the breakout level. Historically, such gaps tend to get filled, indicating potential short-term downward momentum before the uptrend resumes.
Monitor for a retest of the breakout level. If the price stays above this level, it confirms the bullish trend.
Keep an eye on the S&P 500 staying above the 21-day moving average. This will strengthen the uptrend.
Fill the Gap: Anticipate potential downward momentum to fill the CME gap. If this happens, it could present a buying opportunity if the price stays above key support levels
Breakout Below Support: If the S&P 500 breaks below the 21-day moving average and fails to recover, it could signal a reversal of the current trend.
The S&P 500 is in a strong bullish trend, confirmed by the breakout from the cup and handle pattern and support from the 21-day moving average. A retest of the breakout level and potential gap fill could bring short-term volatility, but as long as the price holds key support levels, the overall outlook remains positive.
Monitor the breakout level and 21-day moving average for potential retests.
Make sure any breakout or retest is accompanied by significant trading volume for confirmation.
Stay aware of macroeconomic news and updates that may impact market sentiment and the performance of the S&P 500.
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
NVDA - Where is the TOP?NVDA once a darling this year, to be honest quickly turned into a villain buy sucking the all breadth of the market.
I normally don`t like log charts but when the name runs this fast, it is the only option. Run - bull flag run again, final target I see 160 with same expected move.
A decent upside, but let`s not forget NVDA is a 3T usd company. An upside of %30 or so will make it the 1st 4T usd company, will not join to this ride, just sharing where the top might be.
SP500 Bullish setupSP500 looks good enough to try a long here. Main structure is bullish and we can see the same pattern is repeating again. Break of main trendline, retest and pump. I highlited 5.495 as a first resistance area, that i expect to be touched today. Here i think we will see a rejection that will make the price to retrace. Probably around tomorrow we could have a confirmation about a possible reversal that could lead the price to new highs.
WEEKLY FOREX FORECAST: INDICES, GOLD, SILVER, US OILThis is Part 2 of the Weekly Forex Forecast.
In this video, we will cover:
S&P500 NASDAQ DOW JONES GOLD SILVER WTI CRUDE OIL
Enjoy!
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Disclaimer:
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I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
SP500: Buy A Dip Stocks are in recovery mode, with major indexes trading at all-time highs. This movement began after the US unemployment rate showed a slight decrease in jobs two weeks ago, suggesting that inflation could potentially weaken. This trend was further supported by this week's CPI data, which indicated a drop from 3.5% to 3.4%. Speculators believe that the Federal Reserve might be one step closer to potential rate cuts later this year, although I think this is still a distant possibility. However, the markets are definitely positioning for this move later this year.
Examining US Treasury yields, we have seen a strong reversal on the 10-year note, indicating that the dollar could continue its downward pressure. When looking at the S&P 500, which typically trades inversely to the US dollar, we see a strong upward move. In fact, several breakaway gaps in the cash market suggest a very strong uptrend.
From an Elliott wave perspective, you need five waves up before looking for a potential completion of the uptrend. If we examine the rise from April, we can clearly see that this is not yet a five-wave movement. In fact, the strong middle move up from 5,000 typically represents an impulse within an ongoing trend. I would argue that there is room for more upside, especially after the next retracement, which I believe could be wave four. Given the extended move in wave three, we should see some pullbacks as markets do not move in a straight line.
The first potential and interesting support area could be between 5,250 and 5,270, which was the previous high and the recent gap that occurred after the latest CPI figures. This certainly appears to be a key area for the next dip. If you want to play the long side, you will likely want to see the pullback first.
The invalidation level of the whole recovery would be around 5,124. If we believe we are in an impulsive sequence and expect more upside, then wave four must not intrude into the territory of wave one or wave two. If this happens, it means that the trend is most likely changing to bearish or maybe just moving sideways.
Grega
ES1! - TIME TO LOOK FOR SHORT ENTRIES OPPORTUNITIES - WEEKLYThank you for the likes, shares and follows. Really appreciate!
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This is a zoome out from the latest analysis of the ES1! Mini S&P500 Market.
A little bit adjusted with some interesting points to consider.
in the upper side we potentially won't be surprised in proach futrue see the price rising to $5637.5.
It is time probably to think at holding long short positions as there are some potential lower price point interesting to consider:
- The red horizontal line range area
- And lower there the blue dashed horizontal line
next week candle could probably do the same as this week but in the short side.
Where is the price going and what is the upper side limit? We don't know, we can only make some assumptions based on the technical analysis of the chart.
The issue is that we see that some historicl correlations are not being respected anymore.
Home Depot DivergenceHome Depot is a stock that loves bull and bear divergences in technical terms. There have been 3 bullish divergences since 2022, all of which have brought an average return of around 25%. The last divergence is now in place and a potential 25% return would push the stock over $400.
S&P 500 (US500):🔴Bearish or bullish...?!🔴By examining the weekly and 4-hour charts, we can determine the price was heavily pushed down after creating the all-time high.
I am not bearish for the long-term on the S&P500, but for now, I think the price can have a bearish reaction to the bearish breaker block and move down at least till the previous week's low, then we should study the price to find out the next move.
💡Wait for the update!
🗓️27/05/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
S&P 500 Tests 5,300 as Inflation Eases, Fed Policy in FocusThe market remains cautiously optimistic as the S&P 500 tests the 5300 resistance level. The deceleration in inflation is promising, yet the Federal Reserve's future monetary policy remains uncertain. Investors should stay vigilant, monitoring economic data and Fed communications to navigate potential volatility and capitalize on market opportunities.
* S&P 500 at Resistance: The index tests 5,300 amid recent inflation data.
* Inflation Slowdown: Core CPI rose just 0.3% in April, the slowest pace in 3 years. This boosted stocks, with the S&P 500 reaching a new high.
* Fed Policy: The Fed may hold steady on rates in the near term, but a September cut is increasingly likely if inflation continues to moderate.
* Key Upcoming Data: The PCE price index (will released this week) and future inflation reports will be crucial for gauging the Fed's policy stance.
* Market Outlook: Cautious optimism prevails as investors weigh the inflation slowdown and potential Fed actions.
SP500. Weekly trading levels 27 - 31.05.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post.
! Please note that brokers have a difference in quotes, take this into account when trading.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade.
Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
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Weekly Forex Forecast: May 20-25th Part 2This 2 part video covers...
- USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY
- S&P500, NASDAQ, GOLD, SILVER, CRUDE OIL
Thank you for viewing!
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
May profits be upon you.
SP500. Weekly trading levels 13 - 17.05.2024SP500 is again almost at a historical high, with one zone to go ahead.
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
----------------------------------------------
I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade.
Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!
S&P500 ForecastS&P500 Currently, there is a bearish trend projected to reach 5190 from the pivot point at 5225. However, if it breaks above 5245, confirmed by a 4-hour candle closing above this level, it could potentially target higher levels at 5261 and 5280.
Key Levels:
Pivot Line: 5225
Bullish Lines: 5245, 5261, 5280
Bearish Lines: 5190, 5168, 5150, 5099
SP500 Mid term planOur friend Fibonacci is showing up a possible next move for SPX. Actually is ranging exactly on the 1.618 level of the last leg, and usually this level to a retrace till the level 1. There we could probably see a reversal that could lead the price into the resistance area at 5250, but it's probably too early for that