SPX500: my intraday scenario using 81strategyHi Traders,
This is my view on this pair for the next days on #SPX500 using my 2 intraday strategies.
(I’ve just shared my fully explained 81strategy on Tube)
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pit from Trading Kitchen
Spx500forecast
S&P500 Long and Short SetupS&P 500 Weekly Plan
Long Setup:
🔵 Entry Level: $4598.0
🟢 Take Profit: $4645.3 (2.05 R)
⛔ Stop Loss: $4574.9
Short Setup:
🔵 Entry Level: $4651.8
🟢 Take Profit: $4599.4 (1.59 R)
⛔ Stop Loss: $4684.7
Reasons:
1) A clear setup would be opening a long position at what was recently resistance, as it is likely to be turned into support. However, this is too obvious of a setup and I believe a lot of traders will place buy orders there, so I believe there may be a fake-out. As such, I will be waiting for a retest of that level and if it holds, I will open a long order. I am mapping this level at the moment, so that I am prepared.
2) The short order is placed at the upper trend line of the ascending channel. It has already been respected 5 times, so I will keep opening short orders until it either fails (price goes through it) or we stop testing it. With that being said, the entry may move up depending on how the price reacts in the next couple of days
SPX500 Short SetupS&P500 Short Setup
🔵 Entry Level: $4577.3
🟢 Take Profit: $4532.0 (1.31R)
⛔ Stop Loss: $4612.0
Reasoning:
1) We formed a double top and while the Risk-Reward-Ratio is not very favorable (just 1.3) the setup does provide for quick scalping.
2) With that being said, considering the spread on the platform you are trading (or commission) and the weekend fees (if the target doesn't get hit which is very likely) this trade wouldn't make too much sense, but I decided to share my thoughts just in case.
SPX500 Short SetupSPX500 Short Setup
🔵 Entry Level: $4486.0
🟢 Take Profit: $4426.9 (1.28R)
⛔ Stop Loss: $4532.1
Reasons:
- Reaching resistance level at $4485
- Expecting either divergence or highly overbought level on the PVS Indicator by the time price reaches that level.
Game plan: If the price flips this resistance into support (tests it), I may close the trade prematurely and open a long trade until the next resistance level is reached at $4548
SPX500USDThe S&P 500 pulled back just a bit on Tuesday, but then turned around to show signs of life again in order to form a hammer. If we can break above the top of that hammer, then we have some work to do in order to get long again. The 50-day EMA above is starting to reach lower, and it looks like we are seeing the 50-day EMA walks right along a downtrend line as well. In other words, it would make sense that we could see selling pressure. If we can break above that downtrend line though, that would obviously be a very bullish sign. The S&P 500 has a huge area just underneath that has a lot of order flow, with the 4250 level underneath offering significant support. In fact, if we were to break down below there, then I would be a buyer of puts as it could open up a bigger move to the downside. That is an area that has been very important as of late though, so I would anticipate that there should be plenty of buyers. In fact, we dipped into the trading region just above there and turned around so it could be the beginning of something a little bit more constructive.
The US dollar could have its effect as well, because if the US dollar starts to skyrocket, sometimes that works against the value of stock markets. We are still very much in an uptrend but have been very choppy for a while. Because of this, I think we have a little bit of work to do in order to build up any type of momentum, and the next couple of days could be rather difficult. That does not mean that anything has changed, other than the fact that we may need to do a little bit of work. Because of this, do not get involved with a huge position, and only build up that position once the market starts to work out in your favor. The overall attitude of the market is higher over the longer term, and I think that is what we will eventually see. Adding more credence to the 4250 level is the fact that the 200-day EMA is starting to reach towards that area.
S&P500,CORRECTION SEQUENCE AFTER EDThe most anticipated correction began on 7th sep2021
initial wave to unfold is zigzag in nature for quick profiting by BEARS
2 days recovery can give you a long opertunity ,but bears will hold the grip
This will go till this month end upto or exceeding the level of c54(4232
S&P 500 update after the Evergrande crisisHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
China Evergrande Group has missed a second bond coupon payment in as many weeks, renewing concerns over its ability to repay over $300 billion in liabilities.
This Showed an instant effect on the market, the S&P 500 by dropping almost 2% today it went from 4377.41 to 4301.01 and because Evergrand seems to be heading into default and the grace period of 30 days has started, This could be the start of a big market crash that is similar to the Lehman brothers crises that caused the 2008 crash.
Possible Scenarios for the market :
Scenario 1 :
The markets seem to be heading in a Bearish way that will cause a further drop in the market and the first stop will be the support level located at 4248.77 and from there the market will have a chance to stabilize but for that to happen the Bulls need to step in and gain control over the market in hope to prevent a further drop.
If the Bulls were able to gain control then we will see a bounce of that support level that will lead the price back near the 4347.83 level.
Scenario 2 :
After the market reaches the first support at 4248.77, The bears most likely will not allow the Bulls to gain any control which will lead to a breakout of that level that will lead into a further drop possible leading into the 4191.93 levels which could be an early warning signs for a crash in the Economic world.
Technical indicators show :
1) the market is below the 5 10 20 50 100 MA and EMA indicating a Bearish short/mid trend, and still above the 200 MA and EMA that indicates a Bullish Long-trend.
2) The RSI is at 34.17 showing weakness in the market with a strong chance that the indicator will go into the overbought zone.
3) The ADX is at 30.35 showing that the market is trending, with a negative crossover between DI+ (12.33) and DI- (36.94).
Weekly Support & Resistance points :
support Resistance
1) 4352.12 1) 4512.31
2) 4248.77 2) 4569.15
3) 4191.93 3) 4672.50
Fundamental point of view :
Asian equities followed Wall Street sharply lower and bonds rallied on Friday, as risk sentiment soured amid growing worries that inflation may persist even after global growth has peaked.
U.S. stock futures pointed to a 0.60% decline for the S&P 500, following a 1.19% drop in the index overnight that punctuated its worst month since March of last year.
Federal Reserve Chair Jerome Powell said on Wednesday that resolving "tension" between high inflation and high unemployment is the Fed's most urgent issue, acknowledging a potential conflict between the U.S. central bank's two goals of stable prices and full employment.
China has proved another particular worry for investors: the economy took a hit from regulatory curbs in the tech and property sectors and is now grappling with a power shortage that threatens to push up energy prices globally. According to reuters
Concerns over China Evergrande Group have put investors on edge and added to recent worries over economic growth from the Delta variant.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
SPX500 BUY IDEA #PullbackHey tradomaniacs,
welcome to another free trading-setup.
SPX500: Daytrade-Preparation
Market-Buy: 4282.00
Stop-Loss: 4269.00
Point of Risk-Reduction: 4297.3
Take-Profit: 4347.00
Stop-Loss: 130 pips (13 points)
Risk: 0,5% -1%
Risk-Reward: 5,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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SPX500 2021-2022 PredictionA prediction , or forecast, is a statement about a future event. They are often, but not always, based upon experience or knowledge.
Although future events are necessarily uncertain, so guaranteed accurate information about the future is impossible. Prediction can be useful to assist in making plans about possible
SPX finds floating ground for nowHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The S&P 500 index traded below its 50-day moving average, its first major breach in more than six months.
The S&P 500 was able to find a floating ground after teetering developer China Evergrande said it would pay some bond interest due on Thursday. Removing fears of a big and messy collapse that had scared investors.
The Index price has dropped 2.6% in the last couple of days but now the market seems to be stabilizing and an increase in value might start bringing the SPX back into the Ascending Channel range.
Possible Scenarios for the market if the China situation was resolved :
Scenario 1 :
If the Bulls were able to gather the force need to gain control then we will see an increase in the market that would reach the 4452.57 resistance level where we might have a small correction that will bring the price near the 4405.15 level before the index goes back into the Ascending Channel range.
Scenario 2 :
After a drop like that it could take a bit of time for the Bulls to go in and push the market up, in that time we will see the price reach the first support level located at 4308.11 where most likely the buyers will go in, but if they failed to support that line then we might see a bigger drop reaching the 4258.49 or even the 4211.07 support before going back up.
Technical analysis show :
1) The market is below the 5 10 20 50 MA and EMA (Bearish Short-Term Trend) But still above the 100 and 200 MA and EMA (Bullish Long-Term Trend)
2) The RSI is at 33.48 it hasn't reached the overbought zone yet and its showing Weakness in the market
3) The ADX is at 22.13 showing that the market is trending with a Negative crossover between DI+ (10.06) and DI- (34.68)
Daily Support & Resistance points :
support Resistance
1) 4308.11 1) 4405.15
2) 4258.49 2) 4452.57
3) 4211.07 3) 4502.19
Weekly Support & Resistance points :
support Resistance
1) 4409.33 1) 4475.22
2) 4385.67 2) 4517.45
3) 4343.44 3) 4541.11
Fundamental point of view :
Bloomberg reports that Hengda Real Estate - the main unit of troubled Chinese property developer Evergrande - will make its Thursday bond coupon payment. This hardly means Evergrande is out of the woods - indeed a restructuring at some point still remains likely - but a disorderly unwind seems off the table at the moment.
Concerns over China Evergrande Group have put investors on edge and added to recent worries over economic growth from the Delta variant.
Persistent default fears overshadowed efforts by Evergrande's chairman to boost confidence in the firm on Tuesday, while Beijing showed no signs it would intervene to stem any effects across the global economy.
Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease. According to Reuters
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
SPX500: my multi-time frame analysisHi Traders,
This is my view on this pair for the next days on #SPX500
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pit from Trading Kitchen
Future SPX BuysTo melt or not to melt?
THAT IS THE QUESTION!
This charting is for all you bull hearted heroes out there, I know people are terrified of the price going to zero ten minutes after close, but my apes inside all assure me that any dip in price is ALWAYS a long term opportunity! Please use this charting as a reference to your own analysis! And as always,
MAY THE FORCE BE WITH YOU ALL
SPX US500 weekly TF Smart Money Buy or SellHello Traders,
this is my trading idea for CURRENCYCOM:US500 .
Thank you all for your support.
For more accurate setups, stop loss, take profits and mentoring services, FX signals, Crypto, Indices and Stocks PM me.
SPX500: my multi-time frame analysisHi Traders,
This is my view on this pair for the next days on #SPX500
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pit from Trading Kitchen
S&P 500 Short The Dow Jones Industrial Average and S&P 500 Index just suffered five straight days of losses and their worst weekly performance since wait for it June.
www.cnbc.com
We taking this trade based on TECHNICAL ANAYSIS and FUNAMENTAL ANALYSIS, We expecting the pair to CLOSE the GAP before a Bullish continuation.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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