Get started

Sp500usd

SP500 in sitting on support, breakdown is imminentIn my previous analysis regarding SP500, I said that I expect a drop under the 4k figure and things are getting closer and closer to that moment. Looking at the price action for the past 4 months, we can see that after a very bad start of the year, stocks have tried to recover, but sellers capped gains in the 4.5-4.6k zone. A new attempt of recovery started in late March, but again, sellers took control in the same 4.5-4.6k zone. Going further into last week, we can see that after reaching support again, SP500 rebounded on We and Th, just to sell off hard on Friday. All this price development, for me at least, is very bearish and I expect a break of support. In the medium term, my target remains 3.5k, September and October's 2020 highs, and also Fibo 50% for the start of "pandemic" rise, and only SP500 back above 4.6k is bullish in my book. Of course, also my strategy remains the same: Sell Rallies
VANTAGE:SP500Short
by Mihai_Iacob
18
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
SP:SPXShort
by Mihai_Iacob
10
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! :)
OANDA:SPX500USDLong
by Barysbyek
3
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.
TVC:VIXLong
by Kiip_ze_kors
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;
CME_MINI:ES1!Short
by Nemo_Confidat
5
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 :)
TVC:SPXLong
by AM.98
9
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 ;)
TVC:SPXShort
by TheDarkEconomist
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.
OANDA:SPX500USDShort
by Quant_
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 Give a like if u love our work..
ULong
by forexorbit