Intraday long on SPX500Last chance to go long on #SPX500 for today
Entry 3208
SL 3198
TP 3218
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Trading Kitchen
Spx500forecast
An intraday trade on SPX500We wait for it on 3130 for a quick sell.
SL 3135
TP 3100
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TradingKitchen
Intraday trade for SPX500A very important Resistance Zone for #SPX500 could be the beginning of a good short trade to do within the end of the week.
Entry 3145
SL 3157
TP 3112
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Trading Kitchen
SPX on its way to retest the 3235 levelgot in at 3270.68. To get out and go long at the retest level of the early June highs of 3235. Which is also the .618 fib level of the most recent wave. Looking to set up nicely.
SPX500 WEEKLY FORECASTHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
Ignoring Everything SPXSPX does look very bullish under the (1/1) Gann line, in an attempt to reclaim it.
It is comparable to one of the alt coin market charts i have made.
Seems pretty destructive of logic. Honest
SPX Decision Zonebounce now or one more drop to ~2900 before bouncing again.
breaking above 3235 will invalidate the drop.
SPX500 BullishAll indexes are currently bullish which indicate longs, SPX500 has broken previous support and is now consolidating, unless the market is going to crash soon (strong probability) this is a perfect opportunity to get into a either short term or long term buy once it breaks consolidation as a 2nd confirmation.
SPX500 - a drop from here?So it broke the recent trendline but bounced back and made a HH since futures trading opened after the weekend - a move similar to the past 3 months where we saw regular non-trading sessions move up effortlessly. Will have to see if it melts up further from here before formal session starts but that would depend on EU session.
The new HH has been made with divergences on the MACD and RSI on the 1H timeframe, and with a less intense divergence but still present on the 4H timeframe.
The 1H timeframe is printing 2 bearish dojis and the 4H time is looking to print its first bearish doji at the moment of writing but not confirmed yet.
The EU starts trading in 1h and SPX will be affected by its direction.
From the looks of it, price is fragile and we have some overhead resistance and a bit of room till 3190. Volume is mediocre so unless something changes we should see a topping pattern and with a breakdown of the trednline, a further move down. Perhaps we were in ABC correction and this will start the C wave all the way to low 2900 and even 2800s unless this was a new 1,2,3,4,5 and we just ended correction wave and it goes up to previous ATH. I would like to say the former scenario alligns with fundamental analysis as it should correct its overpriced levels and a new stimulus at the end of the month to push it higher. New cases in the US are expected to increase for the next month at least.
🤔 Crunchtime! (SPX)💰 LET'S GET INTO SOME SPX 500 ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🤷 Neutral
- 3day Chart
- Candle Doji Compression
- 2/3 EMA DOTS Red
Is corona wave 2 on it's way? I hope so lol. This week will tell us some critical signs to take with us in the market next week. Stay alert as we could be experiencing early signs of trend change.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
SPX Final Shot looking for one more upleg before going down again.
look for sells at 3350-3400 .
not likely but ; if SPX hits above 3400 then uptrend may expand further.
good luck.
🤔 Searching For Buyers. (SPX)😁 Similar to oil as the upward major support has been broken. The 3day is starting to curve.
Daily Timeframe
Crossover Strategy: Red Crossover
The EMA Dots: 3/3 Red
Support Level: 2941
Resistance Level: 3213
A break below support I think we would see a major correction.
Have an awesome day! ✌
🥇MLT | MAJOR LEAGUE TRADER
S&P 500 June 14th Analysis S&P violated bullish structure last week, and began to sell off. However it pulled back to recover some of the losses by the sell off. As of now there is a lot of bearish momentum and we can possibly break below 2973.8 which was previous resistance now turned support.
End of the game for #SPX500? Our view with new updated levelsOur view with new updated levels for the next week on #SPX500
BLUE = Impulse
VIOLET = Weekly and daily Max and Min
CYAN = Gann angles (weekly)
Are we seeing the start of a downtrend for SPX500? Are we seeing the start of a downtrend for SPX500?
Last week, we broke out of the rising wedge and gapped down.
Currently, MACD, RSI, 2 Day "Rate of Change" and Filter wave are all showing bearish signals.
Therefore, I am leaning towards the market to go down.
If we close below 2934 (0.618 Fib retracement and 50 moving average),
it is a CONFIRMED downtrend for me.
Lastly, we cannot rule out sideways actions, it will not surprise me that we trade between the fib levels (2934 and 3136) for the next 5 days.
SPX500 Thinking out loud - Price projectionsJust my thought will change nothing on my day trading, but just talking to myself, what is possible. Every big correction, and problems, we had the second drop, and lower low.
SPX Bullish and Steady - Re-entering Pre-Covid 19 ChannelTaking a look at the lower trend line dating back to 2016, you'll see obvious esistance levels, and the two out of balance areas. One being Covuid-19. We were quick to recover and re-enter that Channel. Yesterday, bottom of that trend line was hit around 3,000 and is slowly recovering from that bounce. Set you're fibs and find a good entry. Don't let the bears get you down. Go long for the long run.
S&P 500 Analysis S&P 500 has violated bullish structure and broke a HL.
Price has now found a new level of support and is now starting a pullback.
I'll look to go short once I get a price action signal in the previous HL zone.
SPX500USD Buy signal setupEnjoy a free signal
Trade at your own risk;
Know your risk to reward
We had a breakout of monthly S/R area and now market has come back down to retest the 12hr uptrend. If it holds, this shall play out.
Symbol: SPX500USD
BUY
Entry: $2950
Best entry: $2940
Stop Loss: $2920 (-$30 to -$20 from best entry)
Take profit: $3015 (+$65 to +$75 from best entry)
SPX500USD Buy SIgnal SetupEnjoy a free signal
Trade at your own risk;
Know your risk to reward
We had a breakout of monthly S/R area and now market has come back down to retest the resistance. If it holds, this shall play out.
Symbol: SPX500USD
BUY
Entry: $2940
Best entry: $2935
Sl: $2920 (-200 to -150 pips from best entry)
TP: $2980 (+400 to +450 pips from best entry)
TP2: $3015 (+750 to +800 pips from best entry)
SPX500 Sell Signal setupHeres my analysis on SPX500USD before the week gets started.
enjoy a free signal.
trade at your own risk.
SELL
Symbol: SPX500USD
Entry: $2875 (Sell limit)
Best Entry: $2895 (Sell limit)
Stop Loss: $2915 (-400 to -200 pips from B.E.)
Take Profit: $2820 (+550 to +750 pips from B.E.)
Take Profit 2: $2760 (+1150 to +1350 pips from B.E.)
SPX500, what's next?What's next on #SPX500?
First of all: to be honest, before today we were pretty much sure it would reach 3000 Area.
Now, something is changed, obviously.
As the bullish trendline was broken on 2900 we turned our trades on a short view and we made a very good profit, as you can see on our free Telegram Channel but
once broken the important level in 2830, we cannot think about long trades.
So we wait for the same level is retested again to open another short position until 2777 area.
If broken as well, we wait for it to reach the previous point 4 of Elliot Wave visible on the daily timeframe.
Target 2730.
