SP500 can drop under 4k and enter bear market territorySP500 has started 2022 badly and things look like will get worth.
After an initial drop to 4.1k, the index tried to recover, but 4.5k proved to be a strong ceiling and SP500 rolled back down.
Now the index is trading in February's low and I expect a continuation to the downside.
A drop under 4k would be significant for SP500, both psychological and marking more than a 20% drop (bear market, at least by the book).
In such a case, panic selling is a very probable scenario, and the price can drop fast to 3.5 support.
I'm very bearish SP500 and I will remain as long as the price is under 4.5k
Sp500usd
$spx previous resistance turned supporttrend is ongoing, does not seem at all like any further fall is coming... i look for some kind of M patern, or double bottom to form the next few weeks... lower lows, loosing channel mean invalidation + potential trend change, as for now we still buying dip, sell rallies of 8/9%...
SP500USD - bullish outlookHello all,
For the past few weeks indices were fluctuating crazily due to Fed, ECB, Bank of England and all other market expectations.
Now the SP500 index is reaching the structural ATH while forming a clear and nice double bottom pattern.
There is a good chance to enter this bullish rally on the retest of the above mentioned structural level.
Good luck! If you like this idea, please, like and subscribe! :)
Disclaimer: This is not a trading advice or signal. Any risk related to trading this index is solely on you. Please, think thoroughly before making any trading decision. Cheers! :)
S&P500: Final Steps!🎢🎢🎢The S&P500 has approached an area where we can slowly start to think about another corrective move by the index. Currently, there is still some room for the index to rise to areas around 4733 points. Then, it is time to cool-down a little bit. We expect the index to fall below 4584 points, before the bulls take over again.
Okaaaaay, let's go!
SP500 found strong supportWhat has started like a healthy and meaningful correction, has proven to be an anemic not even 10% drop for SP500.
The index found strong support at this moment in 4300 zone and as long as this area is intact we can see it challenge the all-time high in the next trading sessions.
I will look to buy dips in search of a good R:R for my trade
Close eye on VIX and SP500. Going long the VIXTaking a close look at the behavior of the VIX alongside the S&P 500 has shown me some opportunities to aim for. In particular, when the S&P is posting new all-time highs, looking for the VIX to reach its lower bound. Since the start of the pandemic, the VIX barely kissed the 14 mark a couple months ago and since then, it has stayed above the 16 handle with a quick peak at 15.20 two weeks ago, prior to the small pullback in equities which subsequently would have been a good time to be long VIX as it gapped higher to start the week and subsequently turn around at the 25 handle.
What I have found interesting to work with is finding an entry point when the following conditions apply:
- S&P at ATH's
- VIX at lower bound for a couple of days at least
- a week or two since last pullback in stocks.
It is clear that the VIX spikes when stocks falter and sentiment is risk-off. This happens quite immediately and can often pre-meditate a pullback in stocks as the index is a reflection of the forward-anticipated volatility of the S&P 500. Consequently, it also takes longer to come back down to its lower bound than it does for stocks to reach their ATH's again. As the volatility in markets tends to diminish at all time highs for a shorter period of time, then the VIX has a chance to reach its lows.
These are the moments that I am looking out for. In this chart, I am looking to see the VIX touch the 16 handle at which point I can look to go long.
WHERE AND HOW TO GO LONG VIX?
There are a few ways to do this. Professionals get their exposure through options on the CBOE, as a hedge against a drop in equities. For mere mortals with more limited access you have two options: VIX ETFs or CFDs. I choose the latter.
It is important to note that the VIX CFDs are priced differently and don't coincide exactly with the CBOE VIX chart. However one can use it the same way. When the CBOE VIX meets the criteria, once goes to the CFD and looks for long exposure. A good objective is to place a 1 point stop and a 2 point limit and look for it to run depending on market conditions. The spread is elevated and will cost some $$ at the opening of the position, but the reward from a slight pullback in stocks is noticeable as you can see from this chart
Rinse and repeat. One can take it a step further and look to go long the S&P 500 once exited the long VIX trade, and ride it until new ATHs.
US500 - SP500MY BIAS ON A CRASH COMING.
STAY ALERT
THIS IS A NUMBERS GAME!
Please share your opinion in the comments below and thank you for the support
SP500: All-Time High! 🆕🆕🆕Another week, another all-time high for the S&P500 – and it does not stop there. We expect the course to further rise to levels above 4426 points. There, a correction should pull us down under the support line at 4353 points. In the mid-term, the course should rise to levels above 4547 points.
Bull, Bull Hooray!
SP500 - SHORT; Nothing but Shorts (SELL!!) here!A ~25% decline from here should be rather quick and uneventful. However, such a decline is likely to be just the first leg on a long road to a full ~70% decline by the end of this full cycle. - Which would be nothing more than a garden variety return to the Historic Norm ! The same goes for all US Indexes and those who are historically informed (or reviewed the evidence, presented in virtually every single recent post) should not be surprised at all.
The Carry Trade Currencies - and equivalents relative to the VIX post;
SP500 On Steroids With No signs Of PullbackHello everyone, if you like the idea, do not forget to support with a like and follow.
SP500 made a new high yesterday and it's looking to make new ones until the Friday closure.
We are heading to 1.618 fib level after breaking the middle line of the channel.
A breakage of the 1.618 level will take us to retest the upper trend line of the channel.
EMA100 seems to holding nice as a support and MA200 yet to be touched from November.
Overall very bullish but until when ?
Beyond technical levels, the S&P 500s already bullish backdrop has strengthened on the start of April and all technical trends continue to point higher.
I will updating this idea, stay tuned.
Thank you for reading my post, have a great day, wish you all the best !
Information provided is only educational and should not be used to take action in the market.
Feel free to ask anything in the comments :)
S&P500 - The "Mayan Calendar" Chart Fearing an upcoming crash / correction I've been looking at all the key indexes etc, and this was one of my earlier explorations using Fibonacci.
I look at this chart with a large pinch of salt, more a fascinating oddity than something scientific (maybe!), but I do find all the correlations very interesting.
Ultimately this connects well with my Vix & Gold charts in regards to overall cycles so I do pay attention to this and it's progression.
Time will tell! Enjoy this "Mayan Calendar" chart as it was jestingly called on Twitter ;)
S&P 500 Ascending Channel - Short SetupSPX500 Short Trade
Entry: $3,866.6
TP & RR: $3,840.5 (1.13)
Stop Loss: $3,889.7
REASONS FOR THE TRADE
Straight off the bat, you notice two things here - ascending channel and opening a position against the trend with what I consider a bad Risk:Reward Ratio of just over 1. However, I believe that price can form a double top with bearish divergence, retrace back to the lower trendline and then continue up. Of course, we will be looking to open a long order somewhere at the lower trendline.
Stop Loss is set pretty high in case there's a fakeout. However, we will close the position if there's a convincing close above the recent high.
SP500- I maintain my target of 3kAs I said in my previous SP500 analysis, 3500 should be a great sell zone for bears.
The index reached that zone, has reversed and now is trading just above 3250 support zone.
A small rally should be expected now and bears have a new opportunity for opening trades around 3400
I maintain my target of 3k for this index and only a new all-time high would change my perspective
S&P 500 BROKE AND RETEST PLAY - UpdateSP 500
Has managed to broke the upside trendline yesterday.From 3212.00 level it has rejected twice and makes a minor double bottom pattern and bounced after the primary touch in lower trendline.And managed broke the upside barrier
we are expecting broke and Retest towards the lowerside support level comes around 3277.00 which is coordinating with trendline.From this level we can expect some buying activities and the potential target would be 3450.00 within this range 50% Fibonacci retracement level will act as testing ground for both the bull and bear
The bigger dissimilar falling wedge pattern has formed too which is a clear sign of bulls taking some rest to move further towards north..It's a September midterm correction as the end starts the Bull is awake and ready to bounce back towards 3600.00
USA Presidential election will Influence the direction of market we can expect unusual market volatility in coming days
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