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SPX (S&P 500 Index)

$DELL Bouncing Off 21 EMANYSE:DELL I was in this 2 weeks ago and made good $$$. I closed it out on April 8th on the second big red bar. This morning as it opened over the 21 EMA, I put ½ size position on with a stop below Fridays low of $117.61. If the market holds up and moves higher, I expect it to test the previous highs. I am also aware that it could have been a double top, and this is simply a bounce. The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
NYSE:DELL
by jaxdog
S&P Bearish after Retail Sales.. Israel/Iran conflict abroad? 🤨The S&P futures is quite weak after strong USD retail sales data. This move opposes a rational reaction to data that came out better than forecasted by a good margin. The market is pulling back and continuing the bearish momentum from the previous week. This may have to do with the conflict between Israel and Iran, this retracement back down. Oil is pushing up and Gold is pushing up late in the NY session here on Monday April 15th.. Money is being shifted to those Risk-On assets rather than stock indices such as S&P
CME_MINI:ES1!Short
by ShrewdCatfx
Trading Plan for Monday, April 15th, 2024Trading Plan for Monday, April 15th, 2024 Market Sentiment: Highly uncertain due to major geopolitical headline risk over the weekend. Expect significant volatility and potential for large gaps up or down at the Sunday open. Important Note: The escalating tension between Iran and Israel has the potential to cause significant market disruptions. BE PREPARED for a wide range of outcomes, substantial gaps on the open, and rapidly changing market conditions. Key Supports Immediate Supports: 5163 (major), 5155, 5142, 5134-36 (major), 5126 (major) Major Supports: 5120, 5115, 5108, 5102-5097 (major), 5091, 5082 (major) Key Resistances Near-term Resistance: 5177 (major), 5185, 5192-95 (major), 5203 (major) Major Resistances: 5218 (major), 5228-30 (major), 5245 (major), 5262 Trading Strategy Weekend Headlines: Be prepared for anything related to the Iran/Israel situation. This news will dominate market reaction. Adaptability is Key: Market conditions could change rapidly, prioritize flexibility and risk management. Sunday Open: Focus on how the market opens and reacts to the news. Large gaps are possible in either direction. Long Opportunities: Due to the high risk, only consider longs after the initial reaction and if a stable support zone forms. Potential bids at 5163, reclaiming 5155, or (depending on the open) reclaiming 5177. Emphasis on failed breakdowns. Short Opportunities: Look for backtests of any breakdown levels if a strong sell-off occurs. Potentially 5177, 5219, or 5228 if those levels are reached. Knife-Catch Mode: If necessary, use the knife-catch protocol for longs, with small size and emphasis on failed-breakdowns. Bull Case De-escalation: A move towards de-escalation or resolution of the Iran situation could lead to a sharp rebound. Reclaiming 5177: If 5177 is reclaimed with acceptance above, bulls may drive a recovery towards targets of 5195, 5202, 5219. Bear Case Escalation of Conflict: Continued escalation of tensions could lead to a significant market sell-off. Breakdown of 5163: A failure of 5163 opens up downside targets. Watch for a bounce/failed breakdown, then consider shorting for a move down the levels. News: Top Stories for April 15th, 2024 Geopolitical Crisis: Escalating tensions between Iran and Israel dominate headlines and overshadow all other news. Potential repercussions for the global economy, oil prices, and markets. Impact on Market Outlook: Uncertainty and volatility dominate the April outlook. Key economic dates and reports may be less impactful given the news focus. Earnings Reports: Earnings season continues, but market focus may be diverted by the geopolitical situation. Other Market and Economic News: Monitor secondary news sources for updates on the Iran/Israel situation and potential market impacts. Reminder: The weekend geopolitical developments introduce extreme uncertainty into the markets. Be cautious, prioritize risk management, and be prepared to quickly adapt your trading strategy.
CME_MINI:ESM2024Short
by spytradingpro
Aggressive rate cuts are off the tableThe SPX retreated nearly 3% from its all-time highs following last week’s print showing a higher-than-anticipated Consumer Price Index (CPI) for March 2024. This marks a second consecutive month of accelerating CPI in the United States, which presents an obstacle for the FED in its more than two-year-long battle against inflation. Plus, it makes it increasingly unlikely that the central bank will engage in aggressive rate cutting as is still widely expected. Not only is it improbable that the FED will ease its monetary policy during the FOMC meeting between 30th April and 1st May 2024, but the latest print puts future rate cuts in jeopardy as well. Since the start of the hiking cycle, we have believed that it will be challenging for the FED to lower rates quickly. Thus far, this opinion has been supported by elevated and sticky inflation. Furthermore, rising prices of commodities make an arguably good case for this to stay true also in the upcoming months, tying FED’s hands for a little longer. In turn, this raises the chances of the central bank constricting the economy too much, leading to an economic accident. Illustration 1.01 Illustration 1.01 shows the daily chart of VIX. Yellow arrows indicate important technical developments in the past month. As the reality of no aggressive rate cuts is starting to sink in, there is a good chance that volatility will stay elevated in the near future. Illustration 1.02 The price of WTI crude oil rose nearly 20% this year. The geopolitical tensions in the Middle East have been playing an important role in influencing its price over the past few months. If there is a broader conflict between Israel and Iran (which is at the highest odds in the past ten years), then oil could rise in the upper range between $90 and $100, putting further pressure on inflation. Illustration 1.03 The image above shows the SPX in the ascending channel. The yellow arrow indicates a bearish breakout below the upper bound of the channel. Technical analysis gauge Daily time frame = Bearish Weekly time frame = Bullish (stalling) *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
SP:SPXShort
by Tradersweekly
🗓️Weekly Report: Key levels & Trade IdeasGENERAL MARKET REVIEW Concerns over a potential military attack by Iran on Israel triggered a gap down in the market at the beginning of trading on Friday. Following these events, there was a surge in oil prices, which then led to widespread sell-offs across the board. Virtually all stocks took a hit, with growth stocks experiencing declines ranging from $2 to $72, notably including MicroStrategy NASDAQ:MSTR . For this evening's analysis, we'll begin by examining the charts of the Nasdaq-100 (QQQ) and the S&P-500 (SPX). –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– SPX-500 The SP:SPX has been movig lower and plundged to the 50-day Simple Moving Average (red) on Friday. Holding this line could lead to an oversold bounce on the market. However, should a broader market selling start, then it is very possible that we test the 5000 psychological level or even the 4700 level that was rejected in August 2023 and February 2023. 💡Another interesting fact SP:SPX has created 22 all time highs this year (2024) and returned more than 25% over the past five months and has gone more than 1 year without experiancng a 1 day decling more than -2%. This is the 6th longest such streak since 1965. If you are wondering when are the other times: 2007, 1986, 1996, 2018, 1993. On average the index makes only 29 consecutive trading days without a 1 day that has more than -2% decline💡 –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– QQQ Very similar as it is clinging on the 50-day Simple Moving Average. QQQ and SPX are holding much better than the IWM or DIA, which have been consistently underperforming on their Relative Strength against the SPX. –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– META Meta has earnings on 24April (Wednesday). It has been holding very well and is a constructive pattern. You can see a triangle forming. Pay attention to the volume pattern. When the stock is moving up in this base the volume bars are higher than when the stock is moving lower –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– NVDA Too choppy for anything more than a quick trade. Next Technical buy point for me is at the $974 on heavy volume. I could start nibble on it with a quarter or a half position size as it is making constructive formations within this forming base. Constructive formations = higher highs, tight pivots. This is very watched stock so it would have high correlation to the general market
SP:SPX
by TintinTrading
Earnings alert: Companies to watch for potential trades this weeAs we step into the second week of the Q1 earnings season, a roster of major financial players is gearing up to unveil their financial reports. Expect updates from Goldman Sachs, Bank of America, Morgan Stanley, American Express, Blackstone, and Charles Schwab. Additionally, non-financial companies like UnitedHealth, Taiwan Semiconductor Manufacturing, Netflix, P&G, J&J, and ASML Holding are also slated to release their earnings. While bank stocks have been outperforming the broader S&P 500 Index in the past six months, the tide may be turning in the first quarter of this year. Despite JPMorgan's announcement of a modest 6% rise in profits on Friday, shares dropped over 5% following the bank's conservative full-year projections for net interest income. Meanwhile, Wells Fargo and Citigroup saw declines in profits. On Wednesday, eyes will be on Discover Financial Services as it presents its results following the announcement of its acquisition by Capital One in February. And wrapping up the week is American Express, which is set to report after providing strong full-year guidance and increasing its dividend in the last quarter. Blackstone is expected to reveal a year-over-year increase in earnings driven by higher revenues. Thursday brings Netflix's report, with the streaming giant aiming to maintain its momentum in subscriber growth. Netflix's management has recently expressed confidence in their growth strategy, emphasizing improvements across all aspects of their platform, the introduction of paid sharing, and the expansion of their advertising offerings. Consumer product giants Johnson & Johnson and Procter & Gamble will disclose their earnings on Tuesday and Friday respectively, offering insights into whether increased prices are sustaining revenue growth. Meanwhile, health insurer UnitedHealth Group is set to report on Tuesday amid rumors of an antitrust investigation.
SP:SPX
by BlackBull_Markets
VIX, no potential to break out?the closer Weekly BB to resistance, the better odds for VIX break out. Whilst everything is possible, I don't think it has the power or potential to break out. TLT feels like bottoming somewhere this summer? depends on the inflation metrics. But FED itself believes inflation is coming down. Often these one-time events are bought by the smart money. Depends if the conflict (mid east) escalates to something more? Maybe there's a broad market risk, outside the quality.
TVC:VIX
by citsvar
Black Swan Events: Recovery and Volatility of Key AssetsDespite the stark declines during the COVID-19 black swan event, assets like Bitcoin, gold, the S&P 500, and the Indonesia Stock Exchange demonstrated remarkable resilience, not only recovering but also soaring to new heights, showcasing the enduring strength of diverse investment portfolios. However, the recent escalation in the Israel-Iran conflict has again put pressure on these assets, causing a downturn as global markets react to the uncertainties. #Bitcoin #Gold #SPX #IHSG
BITSTAMP:BTCUSDLong
by nugrohobaskoro
If History Rhymes, Here Is Top and BottomI am still quite confident the markets are set to drop significantly in 2024. I have studied correctional wave patterns that are similar to our current situation wherein the market topped on January 4, 2022 and began the corrective pattern. **The pattern contains a wave B that is larger than wave A in duration and movement. The wave C then moves more than wave B** The current case so far so the index drop 1,327.04 points over 195 trading days. As of the close on March 6, 2024, wave B has gained 1,658.09 points in 347 trading days (the current top for this calculation is 5149.67 on March 4. CURRENT SITUATION SO FAR: I have found similar conditions 11 times historically and studied how waves B and C reacted in those situations and applied it to the current case to determine where wave B could end and what wave C could do. ******2023****** This first event began February 24, 2023. I will use 6 minute bars for comparisons. This is an inversion to today's scenario as the B wave moved down instead of up. Waves A and B looked like this: Wave A moved 74.97 points over 58 trading bars Wave B moved 89.89 points over 193 trading bars Wave C moved 150.33 points over 149 trading bars Wave A was 30.05% the duration of wave B Wave B moved 119.90% of wave A's movement Wave A was 38.93% the duration of wave C Wave C moved 200.52% of wave A's movement The full inverted movement picture was this: If we apply the data explicitly to the data from our 2022 wave A, wave B could last 647 trading days gaining 1,591.14 points placing the market top at 5,082.72. Wave C could then lose 2,660.98 points in 501 trading days. ******2018****** This next event began January 26, 2023. I have returned to daily bars for this scenario. Waves A and B looked like this: Wave A moved 319.07 points over 44 trading days Wave B moved 387.11 points over 121 trading days Wave C moved 594.33 points over 65 trading days Wave A was 36.36% the duration of wave B Wave B moved 121.32% of wave A's movement Wave A was 67.69% the duration of wave C Wave C moved 186.27% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 536 trading days gaining 1,609.96 points placing the market top at 5,101.54. Wave C could then lose 2,471.88 points in 288 trading days. ******2014****** This next event began July 24, 2014. I will use hourly trading bars for this example. Waves A and B looked like this: Wave A moved 82.38 points over 73 trading hours Wave B moved 110.25 points over 205 trading hours Wave C moved 198.6 points over 129 trading hours Wave A was 35.61% the duration of wave B Wave B moved 133.83% of wave A's movement Wave A was 56.59% the duration of wave C Wave C moved 241.08% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 548 trading days gaining 1,775.98 points placing the market top at 5,267.56. Wave C could then lose 3,199.23 points in 344 trading days. ******2011****** This next event began January 19, 2011. I will use hourly trading bars for this example. Waves A and B looked like this: Wave A moved 23.34 points over 6 trading hours Wave B moved 31.41 points over 22 trading hours Wave C moved 26.17 points over 4 trading hours Wave A was 27.27% % the duration of wave B Wave B moved 134.58% of wave A's movement Wave A was 150% the duration of wave C Wave C moved 112.13% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 715 trading days gaining 1,785.93 points placing the market top at 5,277.51. Wave C could then lose 1,488.01 points in 130 trading days. ******2005****** This next event began March 7, 2005. I will return to daily trading bars for this example and the rest after this point. Waves A and B looked like this: Wave A moved 89.47 points over 31 trading days Wave B moved 109.64 points over 73 trading days Wave C moved 77.44 points over 50 trading days Wave A was 42.47% the duration of wave B Wave B moved 122.54% of wave A's movement Wave A was 62.00% the duration of wave C Wave C moved 86.55% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 459 trading days gaining 1,626.15 points placing the market top at 5,117.73. Wave C could then lose 1,148.55 points in 314 trading days. ******2000****** This next event began March 24, 2000. Waves A and B looked like this: Wave A moved 784.24 points over 639 trading days Wave B moved 807.46 points over 1259 trading days Wave C moved 909.3 points over 352 trading days Wave A was 50.75% the duration of wave B Wave B moved 102.96% of wave A's movement Wave A was 181.53% the duration of wave C Wave C moved 115.95% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 384 trading days gaining 1,366.32 points placing the market top at 4,857.90. Wave C could then lose 1,538.70 points in 107 trading days. ******1990****** This next event began January 3, 1990. Waves A and B looked like this: Wave A moved 40.76 points over 19 trading days Wave B moved 49.95 points over 115 trading days Wave C moved 75.27 points over 62 trading days Wave A was 16.52% the duration of wave B Wave B moved 122.55% of wave A's movement Wave A was 30.65% the duration of wave C Wave C moved 184.67% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 1,180 trading days gaining 1,626.29 points placing the market top at 5,117.87. Wave C could then lose 2,450.64 points in 636 trading days. ******1979****** This next event began October 5, 1979. Waves A and B looked like this: Wave A moved 13.1 points over 11 trading days Wave B moved 21.16 points over 79 trading days Wave C moved 25.99 points over 30 trading days Wave A was 13.92% the duration of wave B Wave B moved 161.53% of wave A's movement Wave A was 36.67% the duration of wave C Wave C moved 198.40% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 1,401 trading days gaining 2,143.57 points placing the market top at 5,635.15. Wave C could then lose 2,632.85 points in 532 trading days. ******1968****** This next event began December 2, 1968. Waves A and B looked like this: Wave A moved 40.76 points over 368 trading days Wave B moved 53.13 points over 665 trading days Wave C moved 60.78 points over 437 trading days Wave A was 55.34% the duration of wave B Wave B moved 130.35% of wave A's movement Wave A was 84.21% the duration of wave C Wave C moved 149.12% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 352 trading days gaining 1,729.80 points placing the market top at 5,221.38. Wave C could then lose 1,978.88 points in 231 trading days. ******1965****** This next event began May 13, 1965. Waves A and B looked like this: Wave A moved 9.95 points over 32 trading days Wave B moved 13.99 points over 156 trading days Wave C moved 22.44 points over 168 trading days Wave A was 20.51% the duration of wave B Wave B moved 140.60% of wave A's movement Wave A was 19.05% the duration of wave C Wave C moved 225.53% of wave A's movement The full movement was this: Applying this data to our current wave A data, wave B could last 950 trading days gaining 1,865.82 points placing the market top at 5,357.40. Wave C could then lose 2,992.87 points in 1,024 trading days. Based on all of these instances, some are too far off to rhyme to our current situation when it comes to likely duration of wave B or top while others have options in play in the very near-term. With our current high 347 days into wave B, the next likely duration candidates are: 352, 384, 459, 536, 548, 647, 715, and 950. With only one top more than 300 points ago, nearby tops for wave B are at: 5,102, 5,118 (twice), 5,221, 5,267, 5,277, 5,357, and 5,635. One of the historically similar instances possible in the near-term for both the duration and top are from 1968. A replication or near similar movement could place the top on next Monday at 5,221. This happens to be the day prior to the next CPI reading. A CPI increase could further delay or altogether push rate cuts off the table this year. If this is the exact top, the bottom could occur 231 trading days later near 3,242.50. This level aligns very near my original forecasted low below 3,300 (granted I figured the top would have been in well before now). The bottom could be around February 10, 2025 which is also in my semi-wide ballpark of the original market bottom forecasted on July 4, 2022. The highest retracement for wave B's movement in relation to wave C is 161% from 1979, while most reside in the 119%-135% range. We have currently retraced (over extended) around 125% of wave A's movement. We shall see what occurs as time moves on. If a drastic falls is still set to occur, it will take cascading events likely to the finance and technology sectors to make it so.
SP:SPXShort
by StockSignaler
2
$PANW – Looks like it may have bottomedNASDAQ:PANW This cybersecurity leader got beat-up on the last earnings report. It looks to me that it may have bottomed out. On this weekly chart (the week is still young) it is in the process of setting up as an inside week. It is regaining the 40 Week MA which I view as important. Additionally, the volume has been declining since the big sell-off. I take that to mean that the selling pressure is over or about over. I am going to be patient with this one and look for it to close above that 40-week MA. If it does, I will look at a lower timeframe chart for a good entry where I can find a good risk reward entry. For now, it is on my watchlist as a B+ set-up in the making. The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
NASDAQ:PANWLong
by jaxdog
SPY LONG: scout for hourly higher lowBulls defended the weekly low and made a convincing breakout yesterday. This is a powerful statement, although buyers have not yet proven their control. To do that, they must first establish a weekly higher low, which is likely to happen next week (of course, we need to monitor how things develop). This presents a great opportunity for a long play, but buyers should wait for a pullback and scout for an hourly higher low. Ideally, this should occur near the previous Volume Area High (VAH). An example of the trade is shown on the chart. You can read full analysis of the market below Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPYLong
by hermes_trisme
1
Trading Plan for Friday, April 12th, 2024Trading Plan for Friday, April 12th, 2024 Market Sentiment: Uncertain, with bulls and bears battling over the key support at 5191 in the red flag pattern. Key Supports Immediate Supports: 5200, 5191 (major), 5184, 5178, 5171 (major), 5162. Major Supports: 5157, 5147, 5123-26 (major), 5103, 5096 (major), 5050-53 (major). Key Resistances Near-term Resistance: 5207, 5212 (major), 5230 (major), 5243-46 (major), 5269 (major). Major Resistances: 5287 (major), 5302-04 (major), 5321 (major), 5352 (major), 5392 (major). Trading Strategy Defending the Flag: The red flag pattern with support at 5191 or 5184 remains the key focus. Bulls must defend this zone. Long Opportunities: Prioritize 5191 bids, but only after reading reactions for signs of defense (ideally, grabs below). A test and reclaim of 5184 could also signal potential for longs. If 5191 fails, consider longs at 5171 or 5157, especially after failed breakdowns of today's lows. Short Opportunities: If a rally occurs, potential backtests of breakdown levels like 5243-46 and 5269 could be shorting areas. Exercise extreme caution with counter-trend shorts in highly volatile conditions. Chop Zone Caution: The 5191-5212 zone is currently considered high-risk for overtrading. Bull Case Support Holds: Bulls need to defend 5191, ideally with any dips below 5184 quickly reclaimed. Backtesting Breakdowns: A strong rally could lead to retests of today's breakdown levels of 5230 and 5243-46. A push to flag resistance at 5269 is possible for a breakout. Adding on Strength: In this choppy environment, it's difficult to identify reliable adding points. Consider 5207 reclaims with acceptance above. Bear Case Breakdown Signals: A convincing failure of 5191 opens the door for a deeper downside move. As with ALL breakdowns, be wary of traps – look for a bounce/failed breakdown first, then consider shorts at 5188 (ideally within a trendline structure). Target 5157 on this move, stick to level-to-level profit-taking. News: Top Stories for April 12th, 2024 Economic Data & Interest Rates Mortgage rates rise above 7% due to inflation concerns. High-yield savings accounts offer some protection against inflation. Mixed signals on the timing of Fed rate cuts. Earnings & Bank Stocks Big banks report Q1 results, providing insights into the financial sector. Focus on JPMorgan Chase, Citigroup, and Wells Fargo. Market Outlook & Analysis S&P 500 hits new highs, strong Q1 performance. April historically a bullish month. Corporate profits and analyst ratings in focus. Global Markets Japan's 5-year bond yield surges. Singapore's GDP growth remains modest. Rising concern over global financial fraud and scams. Reminder: The market remains volatile. Prioritize risk management and adapt your trading strategy accordingly!
CME_MINI:ESM2024Short
by spytradingpro
Making your first million is the hardestAfter that, it's leverage. The issue for me as a long-time trader, is people these days don't seem to have time, patience or the ability to absorb information. They read an article or watch a few seconds of a stream and assume they know! I am not just talking crypto, I mean in general. The attention span of a fish. I read a pretty decent article by this guy @holeyprofit He talked about Bitcoin Mania with a lot of truth, most people won't want to hear. Article here The issue is the whole market right now are currently hinging on or near their all-time highs, Gold, Bitcoin, SPX (S&P500) stocks such as Meta, NVIDIA and loads of others. Instead of shouting for even greater highs, the question should be "what is sustaining the rally?" For the majority of retail traders, they assume it's different this time. Gamestop was up until it was not. The issue is that they never learn. They have no concept of time factors and the assumption that markets only ever go up is the very reason the majority of traders stay broke. Crypto is a really interesting space, when I first got involved in 2011, it was a punt. I got lucky, but buying cheap and selling high is what most people strive for. Yet, reading posts and social media content - nobody sells, they all buy low, stacking sats when the price drops. So where is the profit? Well paper gains I assume. Game stop... Not to focus on Crypto; the markets as a whole can be profitable and just like Kenny Rogers said - "if you're going to play the game boy, you got to learn to play it right. know when to hold, know when to fold, know when to walk away and know when to run" Every hand's a winner - every hand's a loser. Key message there!!! Trading vs investments - if you are looking to make it big on one deal, that's different than profiting from the market every week, every month and every year. Risk management is key, scaling your account, cutting losers quickly and adding to winners. Many won't understand this concept. Markets go up and everyone is a genius in a bull market. Once you start scaling an account, the trade percentages in terms of rewards you seek don't matter the same. You don't need 10x returns on your thousand dollars. A 3% win on your million-dollar account is a different game. Back in 2021; I wrote this educational post about the psychology of the markets. I used the Simpsons as a way to get the message over. Markets breathe and the rise and fall, rise and fall. Once you realise you can take from the market consistently, you will see the stress disappear, and the care of price up or down matters less. Your investment criteria changes and the scope gets wider. This is how you scale from that first million, into the second and third. Not having all eggs in one basket and hope it goes up forever. What if gold drops 10% and you are long? can you afford a 5 year spell on the investment you have? These are the kinds of questions you need to be asking yourself. What if Bitcoin's halving is a buy the rumour, sell the news and we take another 3 years to get back to a new ATH? "ah it's different this time" - yeah I heard all that in 2021 when certain influencers were calling for $135,000 worse case within a month. We are 2024 and still roughly half of the way to 135k?? I know for you guys who want to learn and progress you would have read this far; for those who "already know" they have stopped reading about 4 lines in and seeing a picture or 2. They leave a comment due to their keyboard warrior mindset and fish-like capacity for thinking. The point is to ensure you deploy proper risk management, especially here near the tops of a lot of these markets, trail your stop losses, and don't forget to cash out your profits. Paper gains can quickly become paper losses. If you're serious about money making, be prepared to diversify, be prepared to sit on your hands, keep cash in your pocket as well as be prepared to take calculated risks. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
FX:XAUUSDEducation
by Mayfair_Ventures
4
S&P bears attack, bulls still holdLast week was marked by the aggressiveness of sellers and the resilience of buyers. On Monday Buyers were ideally positioned for another break out but they didn’t have enough steam to accomplish it. Sellers, long awaiting their opportunity, pushed the price down, breaking the weekly support. However, they couldn’t develop this into something more significant, as the bulls returned with a firm "no". The rest of the week continued in the same tug-of-war fashion. The most confusing days were Thursday and Friday. Thursday started very bullish but ended with a dramatic bearish turn. Friday, expected to be bearish, unfolded under the bulls' control. This was a story. Now, let’s now review all the signals more formally: Bearish Signals • Confirmed downtrend on the daily chart, indicated by a lower high and lower low. • Weekly consolidation has begun. Bullish Signals • The week closed right at the previous week's low after price shaped hourly higher low • Friday’s value zone is within the value zone of the previous four days. The context remains very bullish – price is in a strong weekly uptrend, last month closed very strong. Overall, it is a very ambiguous case with neither side having a clear advantage. Buyers are exhausted, yet not willing to capitulate. Bears are attempting to play their game but lack sufficient strength. The short-term outlook is neutral. From this position market can go in any direction. We need additional signs of one side gaining an upper hand. Until then, it is not advisable to place big bets on either side. Wednesday is a very important day, with both the release of inflation data and the FOMC meeting Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPY
by hermes_trisme
2
S&P500 Channel Down Top Sell Signal.The S&P500 index is trading inside a Channel Down. Every break over the MA50 (4h) forms its Lower High and is a sell signal. Trading Plan: 1. Sell on the current market price as it is over the MA50 (4h). Targets: 1. 5125 (expected contact with the MA50 1d). Tips: 1. The RSI (4h) is on a Rising Support, which is a Bullish Divergence in contrast with the Channel Down Lower Highs. This potentially indicates that after the MA50 test, the index may resume the long term bullish trend.. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:US500Short
by TradingBrokersView
1
Trading Plan for Thursday, April 11th, 2024Trading Plan for Thursday, April 11th, 2024 Market Sentiment: Uncertain, as the market continues to digest the hotter-than-expected CPI report and its implications for the Federal Reserve's actions. Key Supports Immediate Supports: 5200, 5191 (major), 5184, 5178, 5171 (major), 5162. Major Supports: 5157, 5147, 5123-26 (major), 5103, 5096 (major), 5050-53 (major). Key Resistances Near-term Resistance: 5207, 5212 (major), 5230 (major), 5243-46 (major), 5269 (major). Major Resistances: 5287 (major), 5302-04 (major), 5321 (major), 5352 (major), 5392 (major). Trading Strategy Flag Structure in Focus: The red flag pattern established since the March 31st ATH remains crucial, with support at 5191 (ideal hold) or 5184 being key for bulls to defend. Long Opportunities: Prioritize 5191 bids, but only after reading reactions for signs of defense (ideally, grabs below). A test and reclaim of 5184 could also be a long signal. If 5191 fails, consider longs at 5171 or 5157, especially after failed breakdowns of today's lows. Short Opportunities: If a rally occurs, potential backtests of breakdown levels like 5243-46 and 5269 could be shorting areas. Exercise extreme caution with counter-trend shorts in these conditions. Chop Zone Caution: The 5191-5212 zone is currently considered high-risk for overtrading. Bull Case Support Holds: Bulls need to defend 5191 or at least 5184 to maintain control. Spikes below 5184 with rapid reclaims could signal buying strength. Backtesting Breakdowns: A strong rally could lead to retests of today's breakdown levels of 5230 and 5243-46. A push to flag resistance at 5269 is possible, triggering a breakout. Adding on Strength: In this choppy environment, it's difficult to identify reliable adding points. Consider 5207 reclaims with acceptance above. Bear Case Breakdown Signals: A failure of 5191 opens the door for a deeper downside move. As with ALL breakdowns, be wary of traps – look for a bounce/failed breakdown first, then consider shorts at 5188 (ideally within a trendline structure). Target 5157 on this move, with level-to-level profit-taking. News: Top Stories for April 11th, 2024 Interest Rates & Inflation Market adjusts to potential year without Fed rate cuts. Larry Summers suggests the Fed might raise rates further. Hotter CPI boosts the US dollar to a 5-month high. Oil, China & Global Markets Oil prices on the rise, Bank of America predicts potential $100 per barrel. China's inflation slows, while US inflation exceeds expectations. Swiss government proposes tighter bank regulation; concerns remain. US Labor Market & Stock Performance Strong US jobs report for March highlights economic resilience. S&P 500 posts strong Q1 gains. Banking Regulations & Debt Relief UBS benefits from less-stringent Swiss banking regulation plans. US Treasury calls for action on debt relief for developing countries. ECB Policy & Corporate Earnings ECB moves closer to a rate cut. Earnings season focus on big banks and consumer spending. Reminder: The CPI report has fueled volatility and uncertainty. Prioritize risk management and adapt your trading strategy accordingly!
CME_MINI:ESM2024Short
by spytradingpro
SPX500 is trading at support, suggesting dip in an uptrendShort-term traders are trying to be proactive, however technical developments are still required before a "dip in the uptrend" scenario is registered. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
FX:SPX500Long
by FXCM
SPY All eyes on the 1D MA50. Will it hold?SPY broke below the (blue) Channel Up and the only Support standing now is the 1D MA50 (blue trend-line). This level has been holding since the November 03 2023 break-out. If it holds, a new pattern will emerge but the medium-term bullish trend will stay intact. If the 1D MA50 breaks though, we expect a bearish extension similar to August 15 2023, February 24 2023 and December 16 2022. As you can see those 1D MA50 bearish break-outs coincided with the 1D CCI breaking below the -100.00 oversold barrier. This is the level that the CCI is at today. As a result, once the 1D MA50 breaks, we expect further decline towards the 1D MA100 (green trend-line). The shortest decline among the pull-backs mentioned above has been -5.93%. This gives us a rough estimate of 495.00. That would be the most optimal buy entry for the long-term. Our Target by the end of May will be 524.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
AMEX:SPY
by TradingShot
1