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Spx500analysis

S&P 500 USD - Black TuesdayA crash is coming in the stock market in the following days: probably this week or maybe next week. The last intermediate cycle lasted for 80 bars and ended on the 16.06.2022. The new intermediate cycle rallied to the 200 SMA then dropped into the DCL on the 9th Sept. The new daily cycle is only on day 14 - we are in this daily cycle - and it is close to the support of 3634... If we we are having the same length of intermediate cycle like the last one then we are going to break 3634 this week and drop to 2962. If we are having a longer intermediate cycle ( 100-120 bars) then we are going to bounce from here for a few days and break 3634 a few days later sometimes next week. As the dollar seems to working to print its multi year top these days there is a good chance that the support zone is going to break tomorrow or Wednesday this week.
OANDA:SPX500USDShort
by chartwatchers
8
SPX is at Very Very Very Dangerous zone!Hi everyone, Im on vacation from Sunday to next Sunday, but I will be trading and will be still posting updates. I dont want to call for a crash here, chances for it are super slim. Any trade must be protected with a stop and only you as a trader can make the decisions on what to do with the information you're getting. Must do is your own homework! Again do not mortgage your house and go all in as this can be a very well one big bear trap! Im looking for that final move to be over by end of Oct or early Nov regardless. (updated about this last week Thursday or so) My target zone is 34 handle by the time window outlined above with ideal target being 32 handle. Below it, the markets are in real troubles! Can it be a crash, I don't know, I'm too far out to predict such things. Here is my quick but important update: - I wont rule out another low on Monday am and in fact I will be shorting on Sunday if we get a bounce. - That low can be lower 52 week low or just 3610SPX test Levels of importance - 3640.50 (again) - 3610, below this level comes - 3550-40 - 3511 - 3480-85 all SPX Resistance is at 3735-45; 3775-85 Here is my 1h chart On this chart I have outlined support levels, when/if broken you know whats coming next! IF we get a strong rally into Wed, I will not be holding longs at all, line none! I will only do options (puts) on what Im ready to loose. So here is a clue to how low this can fall in a very short time: - check the fibs from the low of 2009 to the high this Jan, check where is 78.6% retracement is
SP:SPXShort
by RealTima
32
SPX pivot points!Check out how the daily Pivots aligning!!! I expect S2 to hit if it break this week! - 3228SPX, my target was 3212, close enough Ideally we hit S3 on this one! - is at low 2800!!! Perfect storm is getting ready! If we rally tomorrow, I will short EOD close and add on Wednesday Dont tell me that i didnt warn about this possibility of much much lower levels to be seen in end of Oct to Nov 21st week timeframe! Timing is everything is this game, Do Not Get Trapped!
SP:SPXShort
by RealTima
30
SPX last night email update chartMorning everyone, Im sharing my last night work with you here. This was sent out to those who are on my email list. It was a long update, I will copy paste only important stuff here: I think we get Jun low to Aug high type of move but much faster. Looking at the zoomed in chart (4h white background chart) - You can see that I expect to have a deep pullback into Fri (ideal target is 3680-70SPX), another move up from there either to 3875SPX to finish up the whole move up of this 4th wave. - Or we get Jun to Aug (but faster) move off the lows and get a move from upcoming Fri low back to 3785, down to 3645 and final strong move up to 4040-4100SPX. This pathway will make the next high not mid month but closer to the EOM (making higher monthly close) After mid or end of the month high expect the final move down early Nov to finish up the whole move down of A wave from Jan high and mark the low for the year. Targets to hit: - If the price makes 4040-4100SPX , then the first target will be back to just a bit under 3600SPX - Ideal target zone is 3475 and 3389-95SPX - 3212SPX is the extended target Trading plan for the rest of the week. - Looking to start taking off my swing short at 3715-20SPX level and will start layering with longs there 25% - Exit full short position at 3670-80SPX level and get 50% more longs to make it 75% long position - In case we hit (less odds) 3640SPX I will be 125% long, otherwise I will add on a move above 3755-3760 test and hold. On the simple daily SPX chart 110MA is below 50MA can be the main target to hit next, need to close above the mid Bollinger, which I think will happen on the move up after Fri low. I really think the price should close the last gap from 3678SPX before the move up resumes. I want to see a price gap down below 3750 from the open to have my plan playing out. 3640SPX is a very important number to hold on any closing level! Numbers of importance for tomorrow: Resistance: - 3876SPX (closing above should see 3960SPX next) Support: - 3749-50SPX, closing below should see below 3700 next - 3715-20SPX - 3670-80SPX - 3640-45SPX
SP:SPX
by RealTima
48
SPX supports to holdThe price is finally giving up, recent history is showing that the rallies are lasting 2 days, will it repeat today and we close red, we will see. Numbers of importance for today: Support: - 3749 (on closing level) - 3712.40 - 3680-88SPX (Again this number as an important) support, now becomes an ideal target) - 3640.50 is a final must hold on any close today and tomorrow Resistance: - 3830 - 3860 - 3875 Tomorrow must be very careful with longs! this can really fall tomorrow if no turn today.
SP:SPX
by RealTima
8
SPX must take 3675 for higher levels to be seenI really want to see 3675SPX tested and then a move above it after a retracement. The down trend channel is important here, so all eyes on 3675SPX! Im out from my Fri longs at 3645, will re-enter Also closed my SPY 346 calls at BE, very happy with not loosing there:) Please note, all the purple lines are the unfilled gaps! P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPX
by RealTima
11
SPX500 Update to Sell IDEA (L taken)To go over my thought process with this trade -- I realized We are going over those highs -- We had 3 distinct BSL zones look intreaguing -- The funny part is my Initial Entry that I was targetting ALL ALONG was correct.. This is the trade I am currently in targetting 3628.75. -- SL NOW AT BE - We had distinct lows all 3 were higher lows than the other.. However, today we broke the previous low from MIDNIGHT EST at 9:40AM right before the news came out. We come to take all the Internal liquidity created within NY session to then continue the sell. We had a Breaker and FVG waiting to get tagged as well as the Breaker from the previous low that was taken earlier this week as resistance. There are other confluences I just can't think of them at the moment but will add any notes or anything interesting below this thread.
CME_MINI:ESZ2022Short
by BDripTradess
15min SPX is about to give buy signal, but will fail imoVery weak day today. I want 3636 test and fail from there to close at the lows. Very important level to watch on closing level as mentioned before. So many are trapped since yesterday and the gap might not close till Wednesday next week at min imo Also no one would expect another 100 points trim tomorrow, everyone is looking how "oversold" it is and pray for a bounce. All we get is muted reaction and more selling. Tomorrow should mark temp bottom imo
SP:SPX
by RealTima
7
SPX is looking lower as wellI wanted one more high today to short and the price is just so weak, its unreal! This was my NQ update from last night No more longs for me till the quarter end tomorrow! All eyes on 3636 and 3600SPX on closing level! Closing below 3636 will bring mid 3500 (3555-45) next, then 3500. Closing below 3600 could cut another 100 points plus tomorrow! So far it bounced off my support (grey line below the price), that support is less important then 3636! So be very careful here! Also I wont aggressively short it, as the window for the low is tomorrow/Sunday (for futs) I will be taking off all my swing MNQ short tomorrow and wont hold over the weekend. Next week should get us a relive bounce into 6-7th high, then this can continue! Closing the month below 3600 will bring 3200 on the table for the next month or Nov too be seen This is not the time when you go all in with longs, have stops or wait for the extreme levels to come to enter (much safer bet)
SP:SPX
by RealTima
3