S&P500 - Long; For now ...This naturally rimes with the Nasdaq signals and with the overall global equities outlook.
Here, two opposing forces are the most significant factor;
1) The unfolding (and enduring!) USD strength - Downward pressure ;
2) The massive, continuously inbound (to US) capital flows , primarily from Europe - Upward pressure .
Driven by the rapidly unraveling globalization (driven by a Europe which the US decided to turn into a bonfire that is now clearly visible from Alpha-Centauri, and a China which is dying of old age as the demographic apocalypse is hitting hard this year - 2023), these fundamental forces will likely make this year one for the records - especially when it comes index (equities) trading.
Many, many trading opportunities to be expected, throughout this year, probably far more than in other periods.
Laissez le bon temp roule!! ...
Sp500analysis
US500 working with liquidityHello Trader! A significant amount of liquidity was taken out with the upward impulse. Now, there's a high probability of heading down to capture the lower liquidity.
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SPX Buy Idea 19/10/23Trade Details
Buy Limit
Entry: 4259.50
Take Profit 1: 4316.66 (4R)
Take Profit 2: 4398.62 (8R)
Take Profit 3: 4467.77 (13R)
Stop Loss: 4242.72 (-1R)
Key Notes
Order flow: Bullish
Trend: Bullish
Structure: Broken
Entry at Golden Zone
Disclaimer:
This is just a sample template and should not be used as financial advice. Always do your own research before making any trading decisions.
SPX500 Bearish Reversal , Time to fall Hello traders as you can see in my analysis it seems like spx500 has changed from an uptrend to a down trend forming a head and shoulder a classic bearish reversal pattern .
i believe the price is being influenced by the dollar monetary policy and the situation in Palestine so watch out for that .
but technically speaking , the price is coming down.
please share with me your thoughts below .
elliot at sp500elliot prediction without news at sp 500
sp500 bull power in my sight, im just betting on it, did not follow any macroeconomic data yet just by the maket move this analisys and nothing else, this is not a profitable trade, just get an idea what i am doing on these days, hope you trade safe.
SP500 making a liquidity runHello, traders. Opening a trade on SP500. We're currently in an upward trend and might encounter some liquidity grabs before a local correction from the top. Downside movement for liquidity is expected to be more challenging at the moment. I'm pinpointing the entry at the order block and setting the stop loss below it.
SP500 BULL ACCUMULATIONHello!
I see SP500 has formed some bottom on 12H timeframe and closed beyond previous 12H High Point. Bulls are gaining more strength in this market, that has seen 3 weeks of countinious decline. It looks just about to swing higher.
Taking into consideration that previous weeks NFP data came out much stronger then forecast, about 330k new payrolls added to the economy tells of a strong labor market. This adds to the FEDs case to raise interest rates further and would be bearish for the SP500. This was not the expected market reaction, instead a small decline was followed by a steep increase and that is telling me bears are running out of steam.
Write in the comments what you think will happen next week!
SP500: Consolidation in Short Term?Hi Traders!
Medium and Long-Term Trends are bullish, but in short term SP500 could remain bearish even after a pullback. If we look at daily chart, the Price Action is approaching an important support area around 4,305, if from here it triggers a bullish leg, it's possible a harmonic structure formation (for us, bearish). Having said that, we have a first Target Area around 4,275 and subsequently 4,220.
Trade with care
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[EN] W Recession in SP500 // GaliortiTradingThe next crisis will be very similar to that of the 2000-2010 period. At first, the economic crisis will condition a bursting of the technology and fast-growing stock bubble, only to be followed by a financial crisis after a short-lived recovery.
First floor: first quarter of 2025 . SP:SPX = 2.470
Second floor: second quarter of 2030 : SP:SPX = 2.100
Soft landing for the next quarters? Don't believe it! Bond market losses, office real estate in USA crisis, Citibank surprise indicators plummeting, manufacturing PMI, investment rate curve , real estate crisis and economic slowdown in China, historical record of credit card defaults (consumer collapse), cash flow difficulties of medium and small banks , reduction of the balance sheet of the FED and other major central banks , the effect of higher oil prices on the economy (restriction of oil production by Saudi Arabia/Russia), increase in the cost of r efinancing the huge public debt due to high interest rates, ....
S&P bounces back off September lowOn Wednesday the S&P 500 briefly broke below 4,240 to test support at the lower end of an upward-sloping trend channel that has been building since last October’s low. This took the index back to its lowest level since the early summer and had many traders expecting an extended decline.
But it snapped back and in early trade on Friday the S&P had added just under 100 points from Wednesday’s low helped by some better-than-expected US inflation data.
Core PCE for August rose 3.9% year-on-year, as expected, but down from the prior reading of +4.2%. This countered the unexpected increase in the CPI readings seen just over a fortnight ago, which appeared to trigger the S&P’s sell-off from over 4,500.
Ahead of this week’s rally, the S&P was on course for a September loss of 4.6%, while the tech-heavy NASDAQ 100 was 6% lower. So the positive rejection of support over the last few trading sessions has been a welcome respite for the bulls, if not the bears.
But it’s probably too early for the bulls to declare victory. We may see a positive session to end the month and quarter, but there’s still the danger this weekend of a US government shutdown, which, even if short-lived, could be the catalyst for another pull-back. If deep enough, we could see another test of downside support.
If the S&P500 is to bounce, surely it should be today?We all know that global indices have been under pressure whilst the US dollar and bond yields scream higher. But with the S&P 500 respecting key levels of support and forming a bullish hammer on Wednesday, perhaps it is time for at least a sympathy bounce?
Furthermore, the hammer low perfectly respected trend support and closed above the 200-day EMA, with a bullish RSI (2) that curled higher from oversold and the RSI (14) is itself nearing oversold.
We're not looking for a strong risk-on rally, but a small bounce (perhaps towards the August lows of 4400 gap resistance level) may not be such a crazy idea. At which point we could seek evidence of a swing high and a potential break of trend support.
Naturally, an immediate break of yesterday's low would also invalidate trend support and likely signal its next let lower.
SPX to continue down?As I explained last week, there is a high chance for SP500 to drop to important 4250-4275 zone support.
On Friday the index dropped under the short-term trend line and, after consolidation on Monday and Tuesday, yesterday we had a strong drop.
The overall picture is pretty bearish at this point and another 150 points drop becomes very probable.
In conclusion, as long as the index stays under 4500, traders could look to sell rallies in search of a good risk: reward.
2 Down Days does not a Bear makeIts true but while Bears are salivating on these moves there is still room to hurt them and liquidate some of their accounts.
Bullish structure has not been broken for one.
Yes Price will gap down opening next week. But a possible bounce can be found anywhere around 4556...so keep your eyes 👀 opened.
My advise TP the majority of your shorts and you can watch from the sidelines with a smile on your face either way.
SHORTING $SPY (MARKETS ARE OVERBOUGHT?)Why I am bearish on the S&P 500?
- WBR Forecast indicator is BEARISH
- We are entering a key zone which we've struggled to breakout from for the past 5 months.
- Jim Cramer is bearish (Usually not a good thing lol) #inversecramer
My personal trade:
Stop Loss / Take Profits:
- Entry: $455.45
- Take Profit 1: $432.24
- Take Profit 2: $412.06
- Take Profit 3: $386.44
- Stop Loss: $464.89
The Plan:
Scale 50% of position at Take Profit 1 (TP1) and move stop loss to TP1.
Scale 50% of remaining position at Take Profit 2 (TP2) and move stop loss to TP2.
Scale rest of position at Take Profit 3.
SP500 - A New Bullish Trend!Hi everyone,
After a LONG LONG LONG bear market, the time is now to share with you some positive news!
Lets see one of my favorite indicator : MA 50 and 200 timeframe 3 days (Usually I use 4 : RSI, Fibonacci, Hash Ribbon timeframe Weekly and MA 50 and 200 timeframe 3 days).
I noticed a new GOLDEN CROSS that appeared very recently... Each time we get this Golden Cross, we has started a great bullish trend. And for more conviction, I'm waiting for a new higher high.
I stay careful until we break the last ATH...
Let's get the ball rolling!
Stay safe!
Take a look to the NASDAQ analysis :
PS: it's not a Financial Advice.