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S&P 500 (SPX500)

S&P500: No corrections possibly for the whole 2025.S&P500 is on excellent bullish levels on the 1D timeframe (RSI = 64.149, MACD = 44.390, ADX = 33.789) as it is extending the strong rise since the U.S. elections. Going back even more, this uptrend has been nothing but sustainable ever since the August 5th bottom that almost hit the 1W MA50. In fact that MA level is intact since October 2023. The index has been following a similar path with the December 2018 - December 2021 Bull Cycle that topped after a +105% rise. You can see that following the COVID correction recovery after leg (6), the index crossed over the 1W MA50 and never broke it up until after the January 2022 High in 574 days. Consequently, we expect a continuation of the current uptrend for as long as the 1W MA50 stays intact. We are targeting a +105% rise yet again (TP = 7,150) near the end of 2025. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:SPXLong
by InvestingScope
6
SPY/QQQ Plan Your Trade For 12-3: Gap ReversalToday's Gap Reversal pattern in a Counter-Trend mode suggests the SPY & QQQ will experience an opening price GAP - followed by a reversal of trend - possibly to the upside. I believe we need to watch how the GAP forms at the open to determine if we are likely to see an upward or downward price trend throughout the rest of the day. My analysis suggests an upside price move is more likely than a downward price move today for the SPY/QQQ. Gold and Silver appear ready for a liftoff. Silver appears to be attempting to break above the recent high price levels and Gold should follow along. I believe any Gold and Silver are poised for a big rally phase - but that rally will come when the US Dollar advance stalls and pulls downard a bit. Bitcoin is still trending in a Flagging formation - setting up the Phase #2 of a Bullish Excess Phase Peak. We need to watch for a breakdown in price - possibly sending BTCUSD down to $80k-$82k. I urge traders to stay cautious (Still). This is not the time to be aggressive as I still believe the low liquidity in the markets will present a very real risk of a volatility event (the Anomaly Event I keep suggesting is likely). Remember, if you can't take the lumps, stop and rethink what you are trying to trade. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
5
SPY/QQQ Plan Your Trade For 12-2: Tmp Bottom PatternToday's pattern suggests the SPY will attempt to move a bit higher after finding support in early trading. The one BIG event over the past 5+ trading days is the SPY rallying above the Ultimate High level - breaking into a confirmed Bullish price trend. This is part of what I'm trying to teach you: the patterns, techniques, thinking, and logic behind my decisions are based on mechanical price structures/processes. Once you understand the structures and price patterns, it is simple to try to understand. Fibonacci Price Theory teaches you to follow price as the ultimate indicator - measuring and marking ultimate, unique, and standout highs/lows as trigger points. AnchorBar theory teaches us to watch for breakaway or breakdown bars as precise indications of price trend direction/momentum. The Excess Phase Peak patterns represent a more nuanced price pattern that can assist us in determining the current "phase" of the markets and how we can expect prices to react to that phase. If you understand these three concepts, I believe you, as a trader, can unlock any price action and determine what type of trend we are currently in for any symbol/interval and where your opportunity lies for potential trades. I will continue to delve further into trading and teaching techniques to reinforce these techniques in the future. Stay cautious as the markets are still struggling to find a post-election trend. The Anomaly Event is still likely, but the probability of such an event has fallen to about 30-40% overall. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
4
S&P: Weekly Recap and OutlookLast week, the market opened with a gap up that was quickly filled, after which price hovered near the previous all-time high. Bolstered by new economic data, which delivered no negative surprises, bulls pushed the price out of the trading range, establishing a new all-time high. While this is undoubtedly a positive development that reinforces the bullish thesis, a few warning signs warrant closer attention: 1. Low Breakout Volume: The breakout occurred on significantly low volume. While volume is less critical in indices and ETFs compared to individual stocks, observing below-average volume during such an important event raises concerns about the breakout’s sustainability. 2. Relative Weakness in the Tech Sector (XLK): This deviation signals hesitancy among growth investors, which could potentially ripple through to other market participants. Additionally, concerns highlighted in my previous review remain unresolved and continue to be relevant. At this stage, there is no concrete evidence of a sentiment shift or technical signals pointing to a broad trend reversal. However, there is a growing impression that the rally may be nearing temporary exhaustion, which could lead to a significant pullback. Key Focus for the Upcoming Week Investors will be closely watching the employment data, which has already hinted at labor market weakness. If new data further support this trend, it could heighten bearish sentiment. Price action this week will likely provide important clues: • Bullish Confirmation: If the breakout is followed by a swift continuation, this will confirm buyers’ conviction and overall market strength. • Bearish Signals: Conversely, if the price pulls back below 600 or oscillates indecisively around this level, it may signal uncertainty among buyers, creating an opportunity for short sellers to capitalize.
AMEX:SPY
by hermes_trisme
Nightly $SPX / $SPY Predictions for 12.2.2024🔮 📅Mon Dec 2 ⏰10:00am ISM Manufacturing PMI 📅Tue Dec 3 ⏰10:00am JOLTS Job Openings 📅Wed Dec 4 ⏰8:15am ADP Non-Farm Employment Change ⏰10:00am ISM Services PMI ⏰10:30am Crude Oil Inventories ⏰1:45pm Fed Chair Powell Speaks 📅Thu Dec 5 All Day OPEC-JMMC Meetings ⏰8:30am Unemployment Claims 📅Fri Dec 6 ⏰8:30am Average Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate #trading #stock #stockmarket #today #daytrading #swingtrading #charting ⏰
SP:SPXLong
by TrendTao
#202448 - priceactiontds - weekly update - sp500 e-mini futurestl;dr sp500 e-mini futures: Max bullish. New ath is done, now I have two upper targets left for this year. We have 2 decent upper bull trend lines where only the #1 target of 6300 fits. The other would be 6450 but too far and too low probability for now. Bears would need anything below 5850 to kill the rally. Quote from last week: comment: Bullish bias I had, bullish it was. Market looks like it wants up bad. Every dip is bought heavily on increasing volume. Time is now to get above 6100 or we won’t get it at all. Market is beyond overvalued, overbought and the poor late bulls are just arriving. Guess who will be left holding the bags again. comment: Bullish bias I had, bullish it was. Again. Market wanted up and it got it. Is this stopping here? Probably not. Look for longs . current market cycle: Bull trend key levels: 5850 - 6150 (maybe even 6500) bull case: Last hurrah. 6150 is my next target and if we don’t stop, 6500. Is this a bubble? Yes. Can you short this? No. Trends can go much further than anyone can imagine and your account can not sustain the drawdown of early shorts. Breakout is clear, as is the chart. Invalidation is below 5850. bear case: Non-starter is this here. Daily close below 5850, then I start looking at this with a bigger bullish eye. Invalidation is above 6070. outlook last week: short term: I want to join the bulls again. Need strong confirmation first though. Still no interest in selling as of now. → Last Sunday we traded 5987 and now we are at 6051. Perfect outlook. short term: Bullish all the way. If market closes below 5900 I would turn neutral and daily close below 5800 would probably be the end of my bullish thesis and I turn bear. medium-long term - Update from 2024-11-24: 6150 and 6500 are my last targets for the bulls before this bubble begins to pop or at least deflate. current swing trade: None chart update: Nothing.
CME_MINI:MES1!Long
by priceactiontds
$SPY Why We Will Continue Down / Bear Market Not FinishedWhat is Federal Funds Rate? The federal funds rate is the interest rate at which banks and other depository institutions lend money to each other overnight on an uncollateralized basis. It is the interest rate at which banks can borrow or lend money in the federal funds market. The Federal Reserve uses the federal funds rate as a tool to implement monetary policy and control inflation. By raising or lowering the federal funds rate, the Federal Reserve can influence the overall level of interest rates in the economy, thereby impacting economic growth and inflation. How Does Federal Funds Rate Affect The Economy? The Federal Reserve's setting of the federal funds rate can have a significant impact on the overall economy. When the Federal Reserve raises the federal funds rate, it makes borrowing money more expensive for banks, which in turn makes borrowing more expensive for individuals and businesses. This can slow down economic growth by making it more difficult for companies to expand and for consumers to purchase big-ticket items like homes and cars. On the other hand, when the Federal Reserve lowers the federal funds rate, it makes borrowing cheaper, which can stimulate economic growth by making it easier for businesses to expand and for consumers to purchase big-ticket items. Lowering the federal funds rate can also help to combat inflation by making it less expensive for businesses to borrow money, which can help to keep prices stable. The Federal Reserve's setting of the federal funds rate can also affect the stock market, currency exchange rate, and bond market. In summary, the Federal Reserve's setting of the federal funds rate can have a significant impact on the economy by affecting interest rates, inflation, and economic growth. What is the Projection of Federal Funds Rate In 2023? Due to Ukraine and COVID, this has led to a historic rise in interest rates. This means that borrowing costs are increased, saving becomes more attractive/less spending, and stock prices may decrease/bonds favored. Markets expect the U.S. Federal Reserve to raise rates again on February 1, 2023, likely by 0.25 percentage points to 4.5%-4.75%. However, there’s a reasonable chance the Fed opts for a larger 0.5 percentage point hike. Hope this helps.
AMEX:SPYShort
by Smarter_Trades
15
S&P 500 HYPERWAVE CRASH The S&P 500 is currently going through a huge macro hyper-wave, this has been confirmed. This has already been calculated and factored into the 'algo', I'm highly confident we are approaching the final stages of 'wave 4' which will end in resumption to the downside (wave 5) and followed by the 'bounce' or 'wave 6'. After wave 6 has concluded, it's game over. Wave 7 will complete the hyper-wave and will be catastrophic to not only the markets but the economy by extension... please keep this in mind as when this all comes down we're entering something far worse than the 1929 crash and the great depression that followed.
SP:SPXShort
by BernerFX
3
SPX macro analysis ⏰ Hello 👋 it's me your RAJ 🙂 professional trader ✨ This idea 💡 is completely my own analysis to explain situation _&_ market conditions of CBOE:SPX How this chart valid for long term 📌 explained clearly based on technical #TA 📌 #DYOR Let's go with market conditions 1st 👉 PPL 📌 thinking 🤔 big crash in S&P500 , based on economy and some other theories I don't this things go , if this happens 😂 it will vanish not only stocks or companies even goverment also get vanish Money 💰 >> PPL work / save in -> gold , bank & stocks Money 💰 >> banks -> save in ->> gold , stocks & giving loan to company & PPL 📌 Money 💰 >> companies -> save in future growth 📈 give return to retailers and keep on increasing vlaue for future like NASDAQ:AAPL , NASDAQ:GOOG , NASDAQ:AMD etc .... if stocks lose 📌 PPL lose 📌 if ppl lose 📌 goverment also lose 📌 biggest revaluation 😂 This is the major index ☝️ for many stocks , did you think 🤔 it will crash 🩸 that much harder 🙂 Use 🧠 👀 Let's go with my technical analysis ⏰ #TA ->> how I am expecting macro growth 💹 👀 There tend line 🙄 at previous High 2022 > to < 2023 which actually promised trend 📉 line and even turned as resistance 📌 for 1.2yr + Finally it was broken and re-test also done 👍 turned as support 📌 💜💚 🚀 👀 According technical analysis 📌 my analysis get Invalid 📌 when month close below $3800.2 👀 There was oder block strong 🚀 support 📌 in 3 - month $4000-4200 👀 The previous order block at $4300 & $4600 easily broken 😂 These and some other theories making me push towards new high 💰 Expecting target's 🎯 🎯 :: $4880-$5018 ( easy target ) 🎯 :: $5324-$5469 ( 💯 target ) 🎯 :: $5885-$6484 ( high pressure resistance ) Support 📌 $3900-4200 This is my analysis on S&P500 on macro , i will post other patterns and chart of technical as per education under this post 📌 ----------------------------------------------------------------------------------------------------------------------------------------------------------- 🪩 disclaimer : ▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌 Note 👀 👉 keeping comments , reacting with emojis , pointing us is very easy to some people They think 💬 what they see 📌 that was knowledge 📌 We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important Economical conditions Fundamentals Technical News Sentiments Checking macro to micro having good plan and build it is very important ☺️ Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛 I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post Try to understand, try to learn - try to move with flexibility with market is important Have good day 😊
SP:SPXLong
by raj5_7_5
S&P 500 Daily Chart Analysis For Week of Nov 29, 2024Technical Analysis and Outlook: In this week's abbreviated trading session, the S&P 500 index has demonstrated significant upward movement, successfully retesting the completed Outer Index Rally level of 6000 and maintaining its position above the Mean Resistance level of 6008. The primary objective is to reach the Outer Index Rally target of 6123, with the potential for further extension to the subsequent Outer Index Rally level at 6233. This notable ascent toward the Outer Index Rally target of 6123 is projected to induce a pullback to the Mean Support level of 6000, facilitating the bullish trend's next phase.
SP:SPX
by TradeSelecter
Bitcoin Breaks $97K Resistance: Path to $121K Unfolds!Bitcoin (BTC) has recently experienced a significant pullback to the $90,940 level, which remains above the current support at $89,674 . This retracement has culminated in the formation of a robust inverse head and shoulders pattern, a bullish reversal indicator suggesting a potential upward trajectory. As BTC breaks through the resistance level of $97,273 , our focus shifts to short-term targets of $101,220 and $104,890 , with a long-term objective of $121,000. Inverse Head and Shoulders Pattern The inverse head and shoulders pattern is a classic bullish reversal formation, indicating a transition from a downtrend to an uptrend. It consists of three troughs: the head (the lowest point) flanked by two higher shoulders. The neckline, drawn across the peaks between the troughs, serves as a critical resistance level. A breakout above this neckline confirms the pattern, signaling a potential upward movement. Technical Indicators Supporting the Bullish Outlook Moving Averages: The 50-day moving average has recently crossed above the 200-day moving average, forming a ‘golden cross,’ which is typically interpreted as a bullish signal. Volume Trends: There has been a significant increase in trading volumes since March, suggesting growing institutional adoption and investor interest. Market Sentiment and External Factors The recent U.S. presidential election outcome, favoring Donald Trump, has been perceived as positive for the cryptocurrency market. Expectations of a crypto-friendly administration have bolstered investor confidence, contributing to Bitcoin’s surge. Price Targets Short-Term: Given the current momentum and technical indicators, Bitcoin is poised to reach the short-term targets of $101,220 and $104,890. Long-Term: Sustaining this bullish trend could propel Bitcoin towards the long-term target of $121,000. Conclusion The convergence of technical indicators, favorable market sentiment, and the confirmation of the inverse head and shoulders pattern suggest a strong bullish continuation for Bitcoin. Traders and investors should monitor key support and resistance levels, along with market developments, to make informed decisions.
COINBASE:BTCUSDLong
by insidermike
2024-11-28 - priceactiontds - daily update - sp500Good Evening and I hope you are well. sp500 e-mini futures - Same as for dax. Retest of yesterday’s open price and bears could only correct sideways and biggest dip was 5 points. Big bull trend line was support and we are on our way up. I expect 6040 and probably higher. If not tomorrow then next month. We have a perfect channel upwards which leads 6100+. I don’t think bears can even get below 6015 again. If they do, 6000 has to hold or we could have seen the highs. comment: Not much difference to my dax outlook. Relentless buying today, ath in sight and a decent channel upwards. Bears need something below 6000 to make bulls cover. Big bullish bias for me. Possible that we stay around 6000-6050 for November, to then do the Santa rally somewhere in December. Closing 2024 above 6000 would be amazing for bulls. current market cycle: bull trend key levels: 6000 - 6050 (above 6050 comes 6100 in play) bull case : Higher lows and higher highs. Clear invalidation price given and big resistance above. I doubt bears can get this below 6010/6015 tomorrow. Only longs for me. If we stall around 6040, you should have a tight stop and from a r:r perspective, new longs above 6040 are bad. Invalidation is below 6010. bear case: Bears need something below 6000. That’s it. How likely is that? Look at the daily chart. Is there any bearishness in there? Invalidation is above 6050. short term : Bullish. medium-long term - Update from 2024-11-16: So the top definitely qualifies as a blow-off top but the question if we continue further up, is still valid. It is possible that we are already inside the correction and if we continue below 5860, I highly doubt bulls can get above 6000 again. Given the current market structure, I won’t turn bear because the risk of another retest of the highs or even higher ones are just too big. current swing trade: Nope trade of the day: Could have bought pretty much anywhere.
CME_MINI:MES1!Long
by priceactiontds
SPX500 / US500 Index Market Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist SPX500 / US500 Index Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback. Stop Loss 🛑 : Recent Swing Low using 2h timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
BLACKBULL:SPX500Long
by Thief_Trader
Is SPX500 Poised for an Upward Movement?OANDA:SPX500USD Daily Chart Current Price: 5,812.8 Analysis: Falling Broadening Wedge: Upon analysing the daily chart, the price is forming a Falling Broadening Wedge pattern, which typically indicates a continuation of the prevailing trend. This pattern often suggests increasing volatility, leading to a potential bullish breakout if the price breaches resistance levels. Support Levels: • 5,703.1 • 5,625.0 Resistance Levels: • 5,937.5 • 6,015.6 • 6,097.0 Happy Trading! Stay tuned for further updates and insights.
OANDA:SPX500USDLong
by SpicyPips
1
SPY/QQQ Plan Your Trade For 11-27: BreakAway PatternHappy day before Thanksgiving, everyone. Stay safe this holiday and remember to share hugs and love with all the people that are the most important in your life. Trading will be there tomorrow and the next day - always. Family, health, and loved ones always come before trading/work. Today is a Breakaway pattern for the SPY. I suspect the SPY will still struggle near the 600 level and possibly REJECT into a downward price trend over the next 5+ trading days. The QQQ is showing a very clear Flagging formation whereas the SPY is showing more overall strength. Gold and Silver make a big GAP move higher. This is nice to see. I still believe Gold will attempt to rally above $3000 before the end of 2024 and Silver will attempt to rally above $35 before the end of 2024. Bitcoin is now moving into a projected consolidation phase. The pending breakdown phase may see Bitcoin move down to the $74k to GETTEX:82K level. Buckle up. Remember, we are going to have Thanksgiving holiday and shortened trading hours. If you have not already moved a large portion of your capital into CASH, you could be taking unwanted risks. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
S&P 500 Index Hits a New RecordS&P 500 Index Hits a New Record As shown on the S&P 500 chart (US SPX 500 mini on FXOpen), the stock index has reached a new record, surpassing the high set on 11 November. Bullish sentiment on Wall Street was driven by the announcement that Trump has selected Scott Bessent, a renowned investor and hedge fund manager, as Treasury Secretary. A technical analysis of the S&P 500 chart (US SPX 500 mini on FXOpen) reveals that the price is moving within two ascending channels: → The medium-term blue channel that began in August. → The short-term steeper channel (marked with black lines), which has pushed the price from the lower half of the blue channel to its upper half. → The decline from B to C retraced approximately 50% of the rise from A to B. However, how robust is this bullish sentiment? Two bearish factors warrant attention: → Rising Cboe Skew Index: Reuters reports an increase in the Cboe Skew (.SKEWX), a financial tool reflecting investor caution. Concerns may stem from potential inflation spikes, Trump’s tariffs, and other risks. → Possible False Breakout: The chart indicates that after setting a new high, the price turned downward (marked with a red arrow), potentially signalling a false bullish breakout of the previous high. The strength of demand will become clearer following the market's reaction to the release of the Personal Consumption Expenditures (PCE) index, scheduled for today at 18:00 GMT+3. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:SPXM
by FXOpen
2
SPY Double Top Triple Top?Possible Double or Triple Top on AMEX:SPY ? The SPY has been hitting the same resistance level of 600.80 for the past two days. First, on November 24, 2024, and again on November 25, 2024, before pulling back. This repeated testing of the same level raises the question: are we forming a double or triple top? Will the SPY fail to break through this level, or will it finally push past it? Only time will tell, but we should be aware of this potential technical pattern. Double Top Two consecutive peaks: Two highs occur near the same price level, with a moderate decline between them. Valley in between: A noticeable low forms between the two peaks, which serves as a support level. Neckline: A line connecting the valley lows forms the neckline. Breakdown: The price breaks below the neckline, confirming the Double Top pattern. Volume: Decreasing volume on the second peak and increasing volume on the breakdown.
AMEX:SPY
by Paul_Hodls