Weekly Market Forecast Mar 3-7: Stock Indices, Gold, Oil, moreThis is a FUTURES market outlook for the week of Mar 3-7th.
In this video, we will analyze the following futures markets:
ES | S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC | Gold
SIL | Silver
PL | Platinum
HG | Copper
The indices took a bearish turn at the end of last week. Trump announcements, tariffs, Ukraine and Russia injected uncertainty into the markets, and investors moved money into safe havens.
Patience is required to trade in this environment. Wait until there are clear signs of shifts in the market before deciding on a bias. Setup confirmations are always the best course of action.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
S&P 500 (SPX500)
SPX: break of long term trend-lineThe game of nerves could be one of descriptions of developments on the US equity markets during the previous week. It was a heavy week due to a significant drop in the value of the S&P 500 but also other US equity indexes. The index declined about 1% during the previous week, and 1,4% since the beginning of February. Friday brought back significant buyers, where the index managed to end the week at the level of 5.954. The lowest weekly level was at 5.840.
Tech companies were trying to hold, however, the majority ended February in a negative territory. Tesla is one of the most hit companies, with a weekly loss of around 16%. Analysts are noting that this represents the highest weekly loss of TSLA since December 2022. Other large companies also had significant drop, where Nvidia lost around 10%, while Palantir was down by around 19%, after recently reaching the historically highest level. On the other hand, companies within the financial sector performed in a positive manner, rising 1,3% for the week.
When looking at the daily chart of S&P 500, the major support line was clearly breached. This line connects historical lows from October 2023, August 2024 and January 2025. It has been clearly breached on Thursday, however, Friday trading session brought the index back toward this line, but this time from the down side. Whether Friday's positive sentiment will continue is to be seen on Monday. For the moment the US equity market is under strong influence of geopolitical topics and potential trade tariffs. In addition, it should be considered that NFP data will be published in a week ahead, which might influence some higher volatility.
S&P Retest of IMPORTANT support, The week ahead 03rd March '25 The S&P 500 (US500) index maintains a bullish bias within the broader long-term uptrend. However, recent price action suggests a period of consolidation following the retest of the all-time high on February 19, 2025. The market is currently at a critical juncture, with the 5918 level acting as a key support zone.
Bullish Scenario:
The 5918 level serves as a newly established support, aligning with the consolidation range and prior resistance.
A corrective pullback towards this level, followed by a bullish bounce, could confirm continued upside momentum.
Upside targets include:
6000 (50-day moving average)
6055 (20-day moving average)
6100 over the longer term
Bearish Scenario:
A confirmed loss of 5918 support with a daily close below this level would invalidate the bullish outlook.
This could trigger a deeper retracement, exposing the following downside levels:
5854 (next key support)
5800, with a potential extension to 5777 if selling pressure accelerates
Market Outlook:
The 5918 level remains pivotal—holding above this support sustains the bullish bias, while a decisive break below it signals potential downside continuation. Traders should closely monitor price action and volume around this key level to assess the market’s next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Where is the Indices going and Bitcoin? This is my opinion of what I think will happen in March after February sell off. I have bullish bias for both indices and Bitcoin as long as 80K Level stays intact in case of BTC.
Also RSI and Volume divergence can be seen for extra confirmation
Disclaimer: Not a financial advice. Do your own analysis
S&P 500 Daily Chart Analysis For Week of Feb 28, 2025Technical Analysis and Outlook:
In the recent weekly trading session, the S&P 500 did not succeed in retesting the Mean Resistance level of 6082. Instead, the index experienced a notable decline, reaching the Mean Support level of 5939 and narrowly approaching the Key Support level of 5827.
Following this downturn, a significant rebound occurred, resulting in the establishment of a new Mean Support level at 5860. The index is now positioned to target the Mean Resistance level of 5967. Should the index initiate an upward movement from its current level and successfully surpass the critical Mean Resistance of 5967, it may continue to rise toward the Mean Resistance level of 6032, potentially reaching the Key Resistance level of 6143.
Conversely, if the index declines from its present position, it may create a retest pullback to revisit the Mean Support level of 5860 before resuming further upward momentum.
SPX500: Possible bounce from key support toward 5,980?FOREXCOM:SPX500 has reached a significant support zone, highlighted by previous price reactions and strong buying interest. This area has acted as a key demand zone, increasing the likelihood of a bullish bounce if buyers step in.
The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the price toward 5,980 . However, if the price breaks below this zone, the bullish outlook may be invalidated, opening the possibility for further downside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
SPY/QQQ Plan your Trade For 2-28 : Gap Up - LowerToday's pattern suggests the markets will open with a slight GAP UP (higher), then transition into a downward price trend throughout the rest of the day.
After yesterday's deep selling, I suspect there may be a bit more of an uptrend in early trading.
The 584-585 level on the SPY was hit. That was my original projected downside target for the Feb 21-24 breakdown in price.
We've also seen Bitcoin collapse a little over 25%.
I believe this deep selling in Bitcoin prompted a "sell-everything" type of breakdown in the SPY/QQQ and other assets (gold/silver).
Once this move subsides/bases, I believe we'll see 2-3 days of basing/bottoming, then a reasonably strong reversion rally in the SPY/QQQ as the sell-everything fear settles.
This would be a good time to look for initial "anchor" positions in certain assets related to a moderate recovery rally between now and March 11-14 - maybe a bit later.
Overall, we are moving solidly into my expanding megaphone pattern and should continue to see increased price volatility.
The next phase of the market trends is a moderate recovery rally. Then, as we approach the March 21-24 breakdown phase, we will see more selling.
Get ready for a base/bottom setup. Then, we'll see the price move into a recovery phase, and the SPY may target 600 to 604 before topping again.
Get some.
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S&P INTRADAY previous support new resistance?S&P (US500) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation after a retest of an all-time high on 19th Feb ‘25.
The key trading level is at the 5918 level, the consolidation price range and also the previous support is now a newly formed resistance zone. An oversold rally from the current levels and a bullish breakout above the 5918 level could target the upside resistance at 5967 followed by the 6014 and 6056 levels over the longer timeframe.
Alternatively, a confirmed rejection at the 5918 resistance and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 5853 support level followed by 5827 and 5780.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Can the Nasdaq sustain its rally?NASDAQ:IXIC
SP:SPX
FX_IDC:JPYKRW
Over the past two years, the S&P 500 and Nasdaq have experienced an unprecedented rally. However, now, with the S&P 500 hovering around 6,000 points and the Nasdaq near 20,000, the market appears to have lost its momentum.
I believe that for stock prices to rise further, there must first be a significant market pullback. A major decline implies that someone has already realized substantial gains, and understanding this dynamic is crucial.
Looking further back in time, investors who bought stocks at lower prices will eventually sell them at higher prices. This cycle continues to repeat itself.
There is no such thing as perpetual growth, just as there is no endless decline. Keeping this principle deeply in mind can lead to better investment decisions.
S&P 500 Breakdown | What’s Causing the Drop? The S&P 500 has broken down from a rising wedge pattern, triggering a sharp decline. Let’s break down why this is happening and what it could mean for the market.
🔍 Key Reasons for the Sell-Off
1️⃣ Rising Yields and Interest Rate Fears
The Federal Reserve’s stance on interest rates remains a major driver of market movement.
Recent economic data has delayed expectations of rate cuts, leading to a spike in Treasury yields.
Higher yields make equities less attractive, pushing investors toward bonds instead of stocks.
2️⃣ Overextended Market & Profit-Taking
The S&P 500 hit all-time highs recently, and many stocks had become overbought.
Large funds and institutions may be taking profits, especially in high-growth tech stocks.
This type of rotation can trigger a broader market pullback as traders lock in gains.
3️⃣ Technical Breakdown of Key Support Levels
The S&P 500 broke below critical support at 5,866, which has now turned into resistance.
The index also failed to hold key moving averages, confirming a technical breakdown.
Volume on red days has increased, showing strong selling pressure.
4️⃣ Weakness in Mega-Cap Tech Stocks
Big Tech stocks like NVDA, AAPL, and GOOGL, which have led the rally, are seeing a pullback.
This weakness drags down the overall index, as these stocks have an outsized influence on the S&P 500.
5️⃣ Geopolitical & Economic Uncertainty
Global tensions and rising oil prices are adding pressure to markets.
Concerns about slowing economic growth are also weighing on investor sentiment.
Earnings reports from major companies have been mixed, adding to the uncertainty.
What’s Next?
The S&P 500 could find support around 5,750 - 5,800 if the selling continues.
A rebound above 6,000 would signal strength, but failing to reclaim key levels could mean further downside.
The 200-day SMA is still holding, so bulls still have hope unless we see a deeper break.
Is this just a pullback, or are we seeing the start of a larger correction? Let me know your thoughts!
Getting CloserLately the market has been confusing. It appears traders are not clear minded on the economy, the recently voted in administration's policies, and that uncertainty is definitely showing up in the price action.
Be that as it may be, this is an update on the SPX cash index I posted last week as more of the price action fills in. I'll try to update this weekly.
Best to all,
Chris
NVDA : Good shopping pointshello friends
We have analyzed these stocks for you in a very simple way. In the long term...
We have identified good shopping points where you can shop.
Note that the price is at the ceiling of the channel and it is not logical to buy at the ceiling of the channel, so either we buy in case of correction or if the channel is broken and its failure is valid, we can buy.
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SPY/QQQ Plan Your Trade For 2-27: Weekday FLUSH PatternToday's Weekday FLUSH pattern is similar to a CRUSH pattern. It usually represents a very wide-range price bar with the potential for a big breakdown or breakaway type of price action.
Given yesterday's fairly wide price action and the NVDA earnings last night - I would not be surprised to see quite a bit of profit-taking in early trading, leading to an initial downward price trend, then moving into a basing/bottoming phase after 12-1PM ET.
In other words, a fairly large DIP/Sell-off leading to a base/bottom, then flipping bullish through the end of the day today.
Overall, I believe the SPY/QQQ will continue to try to push higher in the Excess Phase Peak pattern - reaching a peak between March 5-10 (only about 5-7+ trading days away).
Thus, we don't have a big rally ahead of us - only about 3-5+ days of a fairly strong rally over the next 5-10 trading days.
Now that the selling pressure has abated, metals should be forming a base or bottom. Get ready for an explosive move higher.
BTCUSD has broken downward and is not in the larger consolidation phase. This phase will likely continue for at least 2+ weeks before we attempt to move into the search for the Ultimate Low (likely below $75k).
Buckle up. Things are about to get very interesting.
Get some.
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"SPX500USD" Indices Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Entry 📈 : "The heist is on! Sell below (5930) then make your move - Bearish profits await!"
however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. I Highly recommended you to put alert in your chart.
Stop Loss 🛑: Thief SL placed at 6025 (swing Trade Basis) Using the 4H period, the recent / swing high or low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
Primary Target - 5875 (or) Escape Before the Target
Secondary Target - 5750 (or) Escape Before the Target
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📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
"SPX500USD" Indices Market is currently experiencing a Bearish trend., driven by several key factors.
👉Fundamental Analysis
Earnings Growth: The SPX500 earnings growth rate is expected to slow down in 2025, driven by economic uncertainty and trade tensions.
Valuation: The SPX500 forward P/E ratio is around 17.5, slightly below the historical average.
Dividend Yield: The SPX500 dividend yield is around 2.0%, relatively attractive compared to other asset classes.
👉Macro Economics
GDP Growth: The US GDP growth rate is expected to slow down in 2025, driven by economic uncertainty and trade tensions.
Inflation: The US inflation rate is expected to remain around 2.0% in 2025, slightly above the Federal Reserve's target.
Interest Rates: The Federal Reserve is expected to keep interest rates relatively stable in 2025, with a possible rate cut in the second half of the year.
👉COT Data
Commitment of Traders: The COT data shows that large speculators are net short SPX500, indicating a bearish sentiment.
Open Interest: The open interest in SPX500 futures is decreasing, indicating a declining interest in the market.
👉Market Sentimental Analysis
Bearish Sentiment: The market sentiment is currently bearish, with many investors expecting the SPX500 to continue its downward trend.
Risk Aversion: The market is experiencing high risk aversion, with investors seeking safe-haven assets such as bonds and gold.
👉Positioning
Short Positions: Many investors are holding short positions in SPX500, expecting the index to continue its downward trend.
Long Positions: Some investors are holding long positions in SPX500, expecting a potential bounce or reversal.
👉Next Trend Move
Bearish Trend: The current trend is bearish, with the SPX500 expected to continue its downward trend driven by economic uncertainty and trade tensions.
Support Levels: The next support levels are seen at 5700 and 5600.
👉Overall Summary Outlook
Bearish Outlook: The overall outlook for SPX500 is bearish, driven by economic uncertainty, trade tensions, and slowing earnings growth.
Volatility: The market is expected to remain volatile, with investors closely watching economic data, earnings reports, and geopolitical developments.
👉Real-Time Market Feed
SPX500 Price: 5990.0
24-Hour Change: -1.2%
24-Hour High: 6050.0
24-Hour Low: 5950.0
Trading Volume: 2.2 billion
👉Prediction Next Target
T1: 5875 (short-term target)
T2: 5750 (medium-term target)
T3: 5650 (long-term target)
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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S&P500 - The 2025 Bullrun Just Started!S&P500 ( TVC:SPX ) will rally massively during 2025:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years, the S&P500 has perfectly been respecting the trendlines of a rising channel formation. After the recent rally of +70%, it is quite likely that - following the 2020 cycle - we will see another final rally of about +20% before the S&P500 will correct itself.
Levels to watch: $7.000
Keep your long term vision,
Philip (BasicTrading)
SPY/QQQ Plan Your Trade Afternoon Update For 2-26-25Please take a moment to watch this video, in which I share my techniques and highlight what I believe will be the next setup phase for the SPY/QQQ, Gold, Silver, and Bitcoin.
It looks like the selling pressure is nearly over, and I think the shift to a moderate recovery rally could set up over the next 24-48 hours.
It could be a good setup for skilled traders.
Get some.
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S&P 500: Rejection at Resistance and Potential Downside RisksThe chart shows a clear rejection from a key resistance zone around 6,150 points, highlighted by the red area. After an attempt to break through, the price faced strong bearish pressure, falling back below the 6,100 level. The current retracement has led the price to test the 50-day moving average (yellow), which has so far provided temporary support. However, breaking this structure could increase the risk of a sharper decline toward the intermediate support at 5,924, marked by the dashed yellow line.
Recent macroeconomic releases, such as the decline in retail sales and weakening consumer confidence, are weighing on market sentiment, increasing pressure on stock indices. Additionally, uncertainty related to tariffs proposed by the U.S. administration is adding volatility, with investors showing signs of risk aversion. If the price fails to quickly recover the 6,100-6,150 area, the next bearish target could be the more structured support zone at 5,850-5,800, identified by the lower blue area.
In summary, the technical structure reflects a moment of uncertainty with a clear rejection from the weekly resistance. A recovery above 6,100 could bring buyers back in control, while further weakness would open the door to new declines toward lower support levels.
SPY/QQQ Plan Your Trade For 2-26-25 : Rally In Counter TrendToday's Rally in counter-trend mode aligns with the current breakdown as a strong possibility of a Rally (Upward) type of trend.
After yesterday's deep low and moderate recovery near the end of the day, I suspect the SPY is setting up another Excess Phase Peak base - transitioning into the upward Flagging formation.
Because of this, I suspect today's Rally pattern will result in a moderate Melt-Up type of price action in the SPY/QQQ.
It may also prompt metals to rally off yesterday's lows as the Panic selling mode ends.
BTCUSD I still seeking a new low and trying to find the consolidation phase. I believe BTCUSD could fall further before finding support.
This is going to be a very interesting ROLL of price related to the SPY/QQQ, Gold and Silver, while Bitcoin continues to try to identify lower support.
Almost like a "disconnect" is taking place.
Ultimately, I think we'll see a peak between March 5-12 in the SPY/QQQ - rolling downward into the March 21-24 Major Bottom.
Get some today.
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SPX Final Blow Off TopSPX going through it's final peak euphoria wave before the final blow off top in my opinion. Recession is coming as indicators such as Sahm Rule, Inverted Yield Curve are predicting a recession. The FED is blindsided by a dead cat bounce in inflation and will find themselves in a position to cut rates insanely fast.
S&P 500 Will Correct to Pivot 6010 and THEN!S&P 500 (SPX500) Analysis – February 26, 2025
The S&P 500 remains in a bearish structure, trading below the pivot zone (6010-6031), which previously acted as support but has now turned into a resistance level. The price is currently attempting a correction toward 6010, but unless it stabilizes above this level, the bearish trend is expected to resume.
Technical Outlook:
🔻 Bearish Scenario: As long as SPX500 remains below 6010, downward momentum is likely to persist, targeting 5966 as the next support level. A 4H or 1H candle close below 5966 will further confirm a decline toward 5920 as the next bearish target.
🔹 Bullish Reversal: A sustained move above 6010 could indicate a shift in momentum, with potential upside targets at 6069 and 6102.
🔄 Correction Phase: The price is currently attempting to retest the pivot line (6010) from 5979 before confirming the next trend direction.
⚠️ Market Impact: The market remains highly volatile due to concerns over U.S. tariff policies, impacting investor sentiment. Growing geopolitical tensions and trade restrictions are adding pressure on equities, reinforcing the bearish outlook.
Key Levels to Watch:
🔸 Resistance: 6010 | 6031 | 6069
🔹 Pivot Zone: 5979
🔻 Support: 5966 | 5920 | 5879
📉 Directional Bias: Bearish below 6010 – A confirmed breakdown below 5971 would strengthen downside momentum.
S&P500 How Expensive Is It?The Average Wage Earner Needs To Work166.5 Hours To Buy One Share Of The S&P500
If this chart does not drive the point home. Nothing will.
Sometimes simple common sense is more powerful than all the fancy analysis one can buy or think of to create.
Price is what you pay, and value is what you get! Remember that my friends.
DANGER IS SCREAMING AT YOU!
UP UP N AWAY TODAY LOW is 5 waves down for C or 1The chart is the spy The wave structure is a very clear 5 waves down to end wave 1 of the BULLISH Count wave C for WAVE B Low BOTH are Bullish Understand NOW . Best of trades WAVETIMER I am 70% long from 5969 and down at 5945 and added at 5908 enjoy the LONGS IF NOT Miss out