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Spx500forecast

Confirmed bear trend on SPX!! CRASH COMING?Spx has just had a confirmed trend on the weekly to the downside. Is there a potential crash about to happen? Inflation is through the roof, The us has stopped printing money, Interest rates are going up this year in most countries...... What happens next? We are due for a correction at least. We have a correction every two years. Looking at all the data most corrections have a pullback between the 13-20% mark. Bear markets hit at least the 35%- 50% mark. If the bear market is happening we will see price drop to the 2020 lows. You have to look at all the facts, do yourself a favour and go look at some of the top companies in the world Netflix Uber Paypal Zip pay Meta (facebook) Alibaba Tesla These companies have fallen near 50% and so has the crypto market. Google and amazon have an unconfirmed trend at the moment however i highly predict they will make a new low on the weekly. How far will we drop no one knows. However you can look at this as opportunity to get some great buys coming up in all markets. Invest safely
SP:SPXShort
by Jake-from-the-trading-Cartel
SPX Zig Zag ABC for Cycle Wave 4Hi everyone, SPX is currently playing Impulse Intermediate wave 5 of a Main A Wave. Most probable targets for this Wave 5 are 4212 and 3976. Because last Wave 2 (in blue) was very strong, im expected at least a troncated wave 5 at 4212. 4358 (100% of fobonnacci) is the 1st possible Wave 5 target but i would be very surprised if the market makers are not bringing the market down to 4212 because a double bottom would provide us a better bounce back for the next B wave and can at the same time create a bullish divergence on lower timeframes like the 4 hours or 1 day chart. We should not forget that the last january 04rt SPX began a Cycle wave 4 retracement. Here are the most probable targets for this full Cycle Wave 4 Retracement : 0.24% = 3878.24 0.30% = 3643.26 0.382% = 3322.12 0.50% = 2860 0.618% = Golden fib at 2398 We must keep in mind Cycle Wave 2 of SPX was pretty strong in March 200, which make this Cycle Wave 4 more chance to be light. Usually most probable target for a W4 is in between 0.3% and 0.5%. With inflation currently slowly stablizing a little , 3643.26 or even 3878.24 are on the table and pretty realistic. For now im projecting the next B Wave in between 4443.89 and 4729.88.
SP:SPX
by Crypto_Mercy
SPX500 about to fall! Good FX-Trades incoming!Hey Tradomaniacs, Here two key-notes that shows a divergence of the ECB and FED: 1️⃣ Very hawkish FED "The market now sees a strong chance of the Federal Reserve starting its monetary policy tightening with a 50 basis point hike in March, especially after St. Louis Fed President James Bullard stated that he has become "dramatically" more hawkish. He added that he now wants a full percentage point of interest rate hikes over the next three U.S. central bank policy meetings." 2️⃣ Very cautious ECB "European Central Bank President Christine Lagarde warned on Thursday that tightening monetary policy too quickly could harm the eurozone’s economic recovery, warning that the Eurozone can’t be compared to other major regions." Read the article 👉 www.investing.com Just in this post we can see clearly find nice opportunities as the euro is likely to fall while the Us-Dollar should continue its rally from yesterday. Look at SPX500 and the fakeout 👉 You remember this chart? The rumors by JP Morgan have caused a rally. One concern I have is that short-term-yields are currently stronger than long-term-yields. As long as these moves are not too extended we won`t see inverted yield-curves but as soon as that happens the markt could expect the FED to overthink its current plans as an inverted yield-curve is a sign for a recession. (I`ve explained why and how thats a problem for banks) However, we finally might get good moves after this choppy week since we have seen the important inflation-data. 👌
FX:SPX500Short
by Trading2ez
2
SPX is about to reverse, wave 5 of C is almost completed.Hi everyone, SPX is about to complet the C wave inside this Zig Zag ABC. Max wave 5 target (the 261.8%) fib is at 4500. It's a very clean pattern, impulse down in A, ABC in B and impulse down in C on the 100% fib. SPX is already diverging (bullish Divergence Class A on the RSI). The big question is what's next...? It can be 2 things now, a new higher high or the beginning of a WXY in what i think can be a Cycle Wave 4 retracement. Where this Wave 4 can go ? At least to 3935 in the 0.24 fib from our last wave 2 we made in March 2009. But in between 0.3 and 0.5 more common (probable). Best to you !! Thanks for your comments !
SP:SPXLong
by Crypto_Mercy
S&P 500 (SPX) | Bulls are BackS&P 500 (SPX) has been in bullish trend since March of 2020. It has been following bullish parallel channel by heart. Recently it has broken the trendline but found a good support at Fib Level 0.236. We are expecting bulls to be active again as they were little tired with almost 2 years of trend. This support zone will be important level and bounce is expected from here to atleast recent high and if broken to ALL TIME HIGHS. Trade your levels accordingly. Don't forget to share your valuable feedback in comment section. Check our other Forex and Crypto Setup on Profile.
TVC:SPXLong
by JustTradeSignals
3
Do it like GreeceStudy the greek economy & politics from the period 1990-2012 and you might find a lot of similarities with that is currently happening in the US. Greece experienced a credit boom from 1990-2008, people however were living above their means. We faced the biggest bubble in Greece's economic history during the 1999 when everybody was playing the stock market! and i mean everybody! i remember my father telling me that the biggest sign he saw that the bubble was about to pop was when his mother in law (late 99) came and told him that she wanted to play the stock market as well! When he asked her why she replied: because the other granny across the street is making money... That was the sing! who the hell was left to buy???? Then the bubble popped together with the .com bubble but people were not selling in the contrary in 2003 they start borrowing and selling their houses,farms whatever they had and played all in! because in their mind and in the media that was the bottom! The ultimate buy the dip!!!then we had the golden age of modern Greece! Various outstanding sports events wins! like the Euro 2004, beating the US Basketball Team, and the cherry on top hosting the Olympic Games of 2004, oh boy euphoria was back in the game and this time for good! We were borrowing more and more money to live a life we could not support! our debt got bigger and bigger but when the 08 housing market popped it was time for us to pay our debts! You know what happened next! check the graph here (www.capital.gr) but only till 2012 because then we had to recapitalize our banks 4 times so the graph is not representative of the whole market. From a political perspective the 2 biggest political parties left and right had to form a government together in order go through this tough period. Our debt was restructured and taxation went sky high! especially for the middle class who paid the majority of the bill! How are things now? well we sold almost all our assets to foreign investors/countries for peanuts! we got used after 10 years to a -50% income and prices are something like 100%-200% higher than 2000...
SP:SPXShort
by Philoslother
SPX - TRADING PLANLooking at the 4hr SPX500USD chart I have found a couple of price levels where price may reach for and target before hitting the 5000 mark. We see price has been consolidating for some time now and making volatile moves both up and down. This has created and left liquidity pools which I believe should and could be reached for. The dashed trendlines showcase the areas where there is liquidity sitting and are also in places where I have identified an inefficiency. Thus, I believe price could come down even more and target these before moving up strongly and quickly. Another confirmation of another move and down here is the head and shoulders pattern formed by the market. Although I anticipate a drop in the market, I will not be selling until I see a valid setup and will mainly be focused on securing the buy. There are 3 potential trade ideas here. The first one has a more aggressive stop loss to maintain a good risk to reward while the 2nd one has the same entry but a more conservative stop loss. The 3rd entry is very deep into the retracement and may not be filled hence the earlier entries. I personally will be placing 1% risk on the first, 0.5% on the second and 1% on the third; giving us a maximum of 2.5% loss. The black horizontal lines represent my take profit areas. DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose and this type of speculative trading can result in loss and/or profits.
OANDA:SPX500USD
by Turtlesoup_Maestro
SP500- Bearish Engulfing announce correction?In yesterday's Nasdaq100 analysis I said that I expect a drop for the index and 14k is my first target. Things are not different for SP500, here also expecting the price to drop. Also, SP500 has started the year badly, with a bearish engulfing weekly candle and, although the price structure is not so bearish like in Nasdaq's case, a drop is probable here also. 4600 is trend line support, that kept the price elevated for more than a year now, and a break here would increase chances for a drop to 4250-4300 horizontal support. In bearish this index too and I will look to sell rallies. A new ATH would delay this scenario.
OANDA:SPX500USDShort
by Mihai_Iacob
9
SPX500 Long Setup$SPX500 Weekly Analysis (Long) Based on the formed ascending channel, I believe price is currently in overbought territory, and as such it will retrace back down to the lower trend line. The zone of interest is between $4,646 and $4,710. That is of course in case the price doesn't go through the highest high level ($4,815), in which case I will either be buying the breakout or wait for a pullback in order to open a long. Those with higher risk appetite may decide to short the security down to the above mentioned level. I personally may do that, but I'm still waiting for some more solid confirmation
SKILLING:SPX500Long
by Quant_
SPX500 volatility is back with good opportunitiesNever trade on news. Follow the support and resistance levels to find the direction and the right trading opportunities. Using Aspen Trading S/R levels, we can see the support at 4559 level and short term resistance at 4616 level. Aspen Trading S/R levels are invite only and can be accessed through url in my profile information. These levels can be drawn automatically on your charts and increase effectiveness in placing and managing trades. Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
FX:SPX500
by tradingswift
S&P 500: Clarity Delivered and Potential Bright Drive AheadThe S&P 500 begins today’s trading on the cusp of all-time highs and speculators cannot be faulted for anticipating the day ahead with excitement. Yesterday’s FOMC statement from the US Federal Reserve delivered clarity for financial institutions, and perhaps more importantly, met expectations. This propelled equity indices higher and the major US stock markets rocketed higher in unison. The notion that the S&P 500 could break new records is actually not a major headline event; it is where the index could finish this week of trading that may prove to be breathtaking. The trend higher in the S&P 500 is evident, and even contrarian speculators who believe the end of the bull market will end sooner rather than later must be feeling nervous at this time. Resistance levels continue to look vulnerable and targets above continue to look attractive. Yes, the index is certainly capable of producing a move lower, so it is important to have realistic expectations. Conservative amounts of leverage must be used to protect against movements which are unexpected. However, technically the bullish momentum remains alluring, and the potentially correct wager. Early future calls for the US markets appear to be optimistic and there is reason to suspect record values will be seen early today and junctures like the 4755.0 to 4765.0 marks will be seen relatively soon. Traders who are looking to buy the S&P 500 on slight dips in the market may find that they are being a bit too conservative today. Perhaps a better cautious approach to the index may be to become a buyer when resistance levels are penetrated; this means placing a buy order above the current market conditions and anticipating that a major juncture proving vulnerable could spur on additional speculative fury to the upside. If a trader wants to sell the S&P 500 today on the notion they can find a profitable reversal downward for a quick hitting result, this to prove all of the optimists wrong, good luck, but it may feel like spitting into the wind. The trend of the S&P 500 has been upward and yesterday’s interest rate report from the Federal Reserve may prove to be a catalyst for the major indices heading into the holiday season. Traders at financial institutions like nothing more than achieving highs as Christmas and the New Year approach, and they may achieve their aims handily. The potential for the S&P 500 to be near the 4800.0 juncture near term looks like a legitimate goal for those looking ahead. S&P 500 Short-Term Outlook Current Resistance: 4751.0 Current Support: 4727.0 High Target: 4785.0 Low Target: 4713.0
OANDA:SPX500USDLong
by SmoothJB
SPX starting to work againA lot of FUD from the FED meeting today. However, this was an important week for the SPX and markets. Everything has already been priced in. The SPX has now printed a bullish engulfing on the 4h. Although not as powerful as others I have seen, it is still a bullish sign. In my opinion, we are in the process to create an inverted head and shoulder. It is now forming the right shoulder. The retracement was precisely at 50% of the previous wave cycle, and it has also stopped at the end of wave 4 of the last cycle. I am now expecting a good bounce from here with this nothing burger news from the feds today. The following month should be good, eyeing 5130 as a target setting a new ATH. Remember, markets can always turn, and I can be dead wrong, so I will place a nice stop loss to protect my eventually sorry ass. Although sharing ideas, bullish, bearish, and targets the crucial component of a successful trader, it is a perfect risk management strategy...so do not sleep on it and educate yourself. FOLLOW ME, SHARE, LIKE AND COMMENT
SP:SPXLong
by CFcryptoTA
2
SPX looking weakAlthough the S&P 500 has been pushing hard for the last year, I think the omicron shakeout has brought a new short term correction. I have laid out the wave count in the chart. This was the 5 wave cycles of the intermediate wave 5 of the primary wave 3 (not highlighted here). This is also been confirmed by the EW channel drawn in the chart. I expect S&P to finish this correction when it hits 4330. However before dip further there will be a relief bounce which will create a lower high at around 4700. Then after hitting the resistance we will have wave C which will bring extreme fear in the market to terminate at 4300. There the sentiment will be rock bottom, However, it will hide great opportunity for the grab pushing the S&P to new highs in q1 and 2 of 2022. I drew two different scenarios for this. Why do I care about S&P? Because it directly affects the crypto market. FOLLOW ME, SHARE, LIKE AND COMMENT
SP:SPX
by CFcryptoTA
S&P 500 Forecast: Index Pulls Back From 4700 Yet AgainThe S&P 500 has pulled back during the trading session on Thursday to show signs of weakness at the 4700 level yet again. This hesitation is something that we have seen more than once, therefore it suggests that it is going to take a significant amount of momentum to finally break out to the upside. The 50 day EMA underneath sits just below the 4600 level, which is an area that has been noisy here recently as well. That being said, I think the market is probably going to continue to see a lot of volatility as we head towards the end of the year, but I do believe that the “Santa Claus rally” is still going to be the big story. On a pullback, I will be looking at this market for signs of strength and a bounce, therefore I will get long again. I have no interest in shorting this market, we are far too strong and although the last couple of days have been a bit difficult to deal with, we are only down about 0.2% or so from the all-time highs. This is hardly a market that is falling apart, so I think it is only a matter of time before we see value hunters taking control of this market yet again. I think at this point in time it is difficult to get overly aggressive one way or the other, but if we get a significant selling move, then I will be looking to “leg into the position.” I will add slowly and wait for opportunities on signs of recovery to get involved in a market that is obviously heading in one direction over the longer term. I believe that the 4500 level is going to be a bit of a floor in the market, and therefore I think we continue to see plenty of money managers out there willing to pick up value due to the fact that they are chasing those returns. If we were to break down below the uptrend line, then we could go looking towards the 200 day EMA, but it is very unlikely that we will see that happen. If we do, then it could be due to a lack of liquidity as we head towards the holidays. That being said, this is a market that retains its overall shape.
OANDA:SPX500USDLong
by SmoothJB