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Sp500short

SPXU INVERSE ETF TRADING IDEA FOR FOMC MEETING 3/16/22This is my trading strategy for March 16th, 2022 on the next FOMC meeting. Using inverse 3 x etf is like doing options without options. They track opposite of whatever it is they track. In this case the SPXU does the exact opposite of the SPY S&P 500 ETF .. The spy tracks the S&P 500 markets. So I'm setting up a position on morning opening day of March 16th, Wednesday with $6,660 position anticipating a 5-8% return x 3x since the SPXU is a 3 x inverse.. Be very careful using 3x inverse or any inverse etf . YOU HAVE TO WATCH THEM LIKE A HAWK. They are not meant for long term or swing trade. They are for 1 day intra day only and can be very dangerous if you don't use them properly. They can also make you quick FAST money , BUT YOU CAN ALSO LOOSE ALL YOUR MONEY IN 1 DAY, if you DON'T KNOW what you are doing.. This is what I am doing. I am not giving trading advice. I simply share some of my trading ideas here... PS.Disclaimer I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,( Technical Analysis ) site are for informational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, post or newsletter.
AMEX:SPYShort
by CryptoBuzzAnalyst
SP500The world’s most important stock market index, the S&P 500, closed Friday with its lowest weekly close since June 2021, and is very close to making the first “death cross” / “bear cross” (50 day moving average crosses below the 200-day moving average) seen since the coronavirus shock of March 2020. This is typically a bearish sign and indicates lower prices are somewhat likely to follow, which is of course supported by the risk-off sentiment caused by the Ukraine crisis. It is probably not a good time to be buying stocks or trading this stock index long, and we can expect this moving average cross to happen very soon.
OANDA:SPX500USDShort
by SmoothJB
S&P500 calls for short - Head & Shoulders TOPFollowed by the Rising Wedge Breakout, we can see very clearly that SP500 lost some momentum - all of this on the background of Fed's Rate Hikes Expectations. The Head and Shoulders pattern is clear and obvious - let's dig some more important details: 1.Volume Distribution: The volume distribution in a proper H&S Top should be concetrated on: The left Shoulder, The Head, or both of them - but never high on the right shoulder. Note that high volume on the left shoulder and on the head are not that significant, while majority of the volume concentrated on the second bottom of the H&S. The volume distribution here does not support the expected implications of an H&S breakout, and therefore, we should consider a short trade with a bit of suspicious. 2. The Breakout The first breakout of the Neckline occurred with a little peak in volume - this situation tells the trader to wait for new lower top to test the Resistance of the Neckline. And indeed, the patient trader received the expected new lower top, and on Friday the power of sellers was present. The inability to raise above the neckline and the fact that the price rejected from there - was a strong tactical signal for those wanna dive deep into profits. 3. Price Target By H&S Measurement rules, the objective of minimum potential is 3,865. When considering the overall Technical picture, the historical resistance from September 2020 (3,592) looks very solid to serve as strong support level. Conclusion: Technical wise, the picture is very clear and convenient to initiate a Short trade while maintaining a Stop Loss above the last minor top. Fundamental wise, the Fed is about to hike 25bps on coming Wednesday, and expected to hike 6 times along 2022. The collision of Russia-Ukraine sets a descent platform for inflation super nova on commodities whom which cause a liquidity problems and chaos on international trade. Reversal: There is might be a scenario in which the Fed will flip over and suggest that the "unexpected" war developments will require the take the leg of the pedal of Monetary tightening and go for more dovish policies in form of QE and maybe keep IR low, I think the possibility of such scenario is low, but still - In such case, all the short thesis is canceled and we should wait to see how the markets react to such case and trade accordingly. Good Luck!
CME_MINI:ES1!Short
by Ido_Havazelet
S&P500: Selling On A Pullback 8-3-22 S&P 500 – Cash: Selling A Pullback Into The Range Of Bearish Fakey Setup Price Action: There is no new price action signal to note at this time. Price moved lower from the recent Bearish Fakey Setup that had formed, mid-last week. Price broke and closed under the 4245 – 4270 prior key support area. Price briefly moved higher from the prior Bullish Pin Bar signal that had formed, over a week ago (We did not consider trading this signal as it had formed just under the short-term resistance area and against the recent short-term Bearish trend). Potential Trade Idea 1: For more aggressive traders, we are considering selling if price pulls back to within the range of the recent Bearish Fakey setup, with risk management above the Fakey Bar. Potential Trade Idea 2: We are still considering selling on a retracement higher and only after clear price action signal, whilst price remains below the 4484 – 4494 resistance area.
UShort
by UnknownUnicorn393254
ES1! - S&P 500 P5 Is CommingThe Red Pitchfork ...projects the most probable path of price. Price has a high tendency to trade within this projection. Don't fool yourself - it's not just a Channel. It's nature derives from teh law of physics. That's the reason why pitchforks are so accurate. The SHIFT in price was a perfect one. It's not ususal that a shift in price shows up that nicely. The Count 0-5 gives us a idea, where in the 0-5 cycle we are (has nothing to do with Elliot-Wave). Currently price works on P4. Watch closely: From 2 to 3, there is a pause - a Pivot. I call these moves Sine-Waves. Most of the time, the middle part of the SW, the pause, will be breached, before price turns it's primary trend, which in this case is down. That's where the yellow horizontal line comes into the game. I would not be surprised to see the S&P500 up there, breaching htis yellow line and then turn back south to create P5! So, the Pivot Nr. 5 is waiting to come into reality. I observe short signs, because I don't want to miss out on this huge leg for "Steak & Lobster" as MaverickOfWallstreet sais §8-)
CME_MINI:ES1!Short
by Tr8dingN3rd
S&P 500 to reach 4118 or 3990.5 before next bounceIf S&P 500 closes below support level of 4291.25, which has held since July of 2021, then that would be confirmation of the following idea. The S&P 500 is likely headed to 4118 or 3990.5, which are the fib extensions of the downtrend which began on Jan 4, 2022, marked as point A on the chart. Points A, B, and C on the chart were used to create a "Trend-based Fib extension" with the same tool that is built into Trading View. A close above 4291.25 would threaten to invalidate this idea.
CME_MINI:ES1!Short
by Cowston
SPY troubleHello Guys, this is a quick update on SP500. Last time I left you calling the double top and evening star pattern while many were expecting higher prices and possibly new highs. As you can see the double top has worked perfectly passing its target of 430. What can we see now? SPY has formed a perfect Head n Shoulder top. This is extremely bearish...if validated. As you can see many properties of this HnS are textbook (50 MA supporting the move, LH, LL). However, the volume is a bit atypical. We can see the volume has increased considerably at the beginning of the RS in an attempt by bulls to hold SPY on support. nevertheless, the rally was short-lived with volume decreasing and increasing on sell-off. I expect now a small bounce from here retesting the diagonal resistance (Head to Rshoulder) and a possible retest f the 50MA. If this attempt fails to break the resistance then I'll be expecting the HnS to workout perfectly. The target would be 377 ish, or 3770 if you are tracking the SPX. FOLLOW ME, SHARE, LIKE AND COMMENT
AMEX:SPY
by CFcryptoTA
ES1! - S&P 500 Bear CountThe 0 to 5 count is very helpful in determining the current state of Swings & Pullbacks. Any Swing or Pullback can be counted from 0 to 5. When 5 is reached, it restarts from 0, again to 5, just in the opposite direction. This count is most effective when you count the real Swings. By "real" I mean, if you follow these Rules: Up-Swings: A new high is CONFIRMED when the last low got broken Down-Swing: A new low is CONFIRMED when the last high got broken. Here in the S&P 500 we see 3 different counts. - grey = Pendulum Swings, the biggies - yellow = Swing count withing the Pendulum Swings - red = Pivot count within the yellow Swing count Currently we are in a overall down-count. Nr. 3 of the grey, Nr. 5 of the yellow and Nr. 3 of the red. So, a very good short opportunity. Another short indication is the nice dobule-top at the white center line of the up-sloping pitchfork. And finally the bear flag where you see the red 1-2 count. If all this fails, then we see a much higher grey 2,4,5 high count. Let's find out.
CME_MINI:MES1!Short
by Tr8dingN3rd
SPx500 (Y22.P1.E2). More correction?Hi All, We have seen the 1st announcement with interests rates which dropped the market. We just got another increase announcement slightly more than what the market expected. CPI. Just looking at the chart and channel, I think the 2 scenario's are valid. ABC correction is taking place with a mild or deeper correction to play out. The deeper correction can play out to a descending wedge. As you can see on the RSI, we have a signicant bearish divergence.... I have 3 scenarios based on the RSI history. I don't favour any....but its worth having some cash handy now for the drop. All the best, S.Sari
OANDA:SPX500USDShort
by ssari
ES1! - S&P 500 Short Leg to the southWe have: Counting 0 to 5 and we had a DT on point count 4. Now we wait for the 5 o a new low below the count 3 The orange A/R catches a lot of extremes, including the count 4 DT. The red down-sloping pitchfork could give support on the U-MLH. The pullback from 3 to 4 is EXACTLY 61.80% ! Guys & Gals, there is too much confluence IMO not to imagine that the ES1! will not make a new P5 Low. This is ultra short to me, but of course, in these crazy markets only a proper stop can save us from a desaster. So use stops! I'm short and I take my profit an P5 below P 3 if possible.
CME_MINI:MES1!Short
by Tr8dingN3rd
2
SP500- Bulls need 4400 intactAfter dropping to 4250 in January, SP500 has started to recover and has risen to 4600 confluence resistance given by a falling trend line and a horizontal level. A correction followed this move and, again, SP has stopped its descent in 4450 newly formed support. If the 15% drop from the beginning of the year was just a correction or the beginning of a medium-term downtrend remains to be seen. What is pretty clear at this point is that as long as the price stays above 4400 we can expect a new leg up and a daily close under this figure would expose the recent low, but more importantly would confirm a lower high at 4600, which is very bearish for the stock market. P.S: Charts are similar for Dow30 and Nas100
OANDA:SPX500USD
by Mihai_Iacob
17
ES1! - S&P500 FuturesThe up-sloping Action/Reaction lines (orange) gives us some framing around the craziness. The Red pitchfork catches the extremes and important turning points For now we have Swing P3 and P4, now there is missing P5. What does that mean? It means I see another flush to the downside. Yesterdays weakness is another indication for it. For now, I stay out of this market, since everything is in a bunching mess. If anything, I buy puts to profit on a potential downside and limit the risk.
CME_MINI:MES1!Short
by Tr8dingN3rd