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Sp500future

#SP500,The declines to where?The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line According to Stochastic and RSI, the declines have not yet come to an end. Right now the SP500 is still very technically bullish Our target will be above the 200 moving average line: $ 2686
SP:SPXShort
by xosignals
S&P 500 Stock Market Crashed Below 3000.00| 28th February 2020The S&P 500 has being in a bad selling. From starting Monday 24th February 2020 - Friday 28th February 2020. The stock has been free fall. Stock investor in a fear. Panic. They was selling the stock and the sell out has been in significant by Thursday 27th February 2020. No buyer in the market this week. Sharp fall down price from S&P to the wall street indices. While the coronavirus reported to be in the climax state of pandemic. China not buying anything from oil to sugar to wheat. While demand is increasing on the Soy Bean from around the world thus the price of Soy Bean increasing. Soy Bean is among top 5 export item from China. Exporter not export Soy Bean thus making the price in demand. Copper price also did a significant drop since no buyer towards the items. Thus the exchange money to Dollar has significantly drop. While many other companies in top 500 listed fortune has suffered the major impact in this beginning pace towards the coronavirus due to the exchange trade of China. Many companies was heavily rely towards China in manufacturing mostly in electronic part and spare part. Referring to the OEC, China import oil almost 9.4% which is the biggest buyer in the world to sustain their 1.1 billion citizen. In the other hand, oil price will keep on dropping since there are big supply on the market which to balance the buying trade in the industry while the oil was producing in the same quantity. Thus, stock S&P 500 will witness the biggest drop in history. To be continue.. By Zezu Zaza
UShort
by Zezu_Zaza
SP500 - Caution is Warranted but is NOT all Doom and Gloom $ES - $SPX futures - Good morning all! I told my members today that I'm expecting a retest of the 3225-3250 area before heading downwards on the SP500 (price is currently reacting off of the 3rd touch of a short term trend line). IF we don't get a retest and head downward first, I expect an aggressive move at 3030 as that is the breakout level for this last run upwards. I believe buyers will defend that level for a while. Do not let it fool you into buying stocks right away. China is trying to send people back to work while the COVID19 virus is NOT yet contained. This is still a very real threat to economic results for the next two reporting quarters. I will use the bounce coming up to scale out of the remaining stocks that I own and buy protection in inverse etfs for the next wave down. Stay safe and trade smart, sometimes it's better to sit on your hands rather than take any action. Let me know if you have any questions. If you found this to be insightful or helpful, please show appreciation by hitting the like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation!
SP:SPX
by chartsareforships