SPX Long zone TradingAs you will know from my recent SPX videos/analysis, we looked at this Index short.
On the fall we are reaching Short targets with new Long entry zones.
This comes with early PA and indicator/TECH confirmation.
Spx500long
SXP500 Index: The day when hope die!Today we are here to talk about the SXP500 index.
Today: The SPX500 index is trading at 45 70. In the current trading session, we have seen a slight increase in price towards our target zone, which was discussed yesterday, the link to the idea is below.
What's on the market now:
Now the market is moving into a profit-taking phase, and you should also think about it. But in the last trading session, the market opened new horizons for us at 4750.
However, globally, the market also has a correction trend at 3750. Let's deal with this.
What are we waiting for today:
Looking forward to a further move to 4600 and then a pull back to 4450 and if that happens it would be a great place to go long.
What I recommend:
If you want to open short:
You can open short positions from 4585, limiting the risks.
If you want to buy:
Longs are possible from the level 4450, limiting the risks.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post reviews about SPX500 every day, so check back tomorrow!
See you next time!
Bye!
Is S&P500 going to make a LL soon?If we break above 0.786, then it's more likely we might make a new ATH. S&P500 getting above 200 DMA that is already a positive sign. IMO I don't believe S&P will make a new ATH anytime soon. ATM we still have more space to go lower even making a LL.
SXP500 index: And Biden with oil barrel under arm.Today we are here to talk about the SXP500 index.
Today: The index is trading at 45 45. And in the last trading session, we saw the price stabilize. The reason for this was the decision of the US to "open" oil reserves, which of course should help the US economy.
What is important: this decision was made at a critical moment for the market. I see it on the charts and of course the purpose of this decision is to ensure the economic growth of the indices and also to prevent a recession into which all countries of the world will plunge.
Well, it's clear from the graphs.
What's on the market now:
They are trying to hold the market and prevent it from collapsing. For this involved strategic resources in the US. In the near future, we will see the price move towards the level of 4600. As planned earlier. Here you can open short positions, at the same time. Converting risks to 0.
And what is important: we have the opportunity to move to a new level at 4750. Of course, the market movement to 4750 is an unlikely event, however, measures to support the US have been taken and they will have a positive recent and this cannot be ruled out.
What are we waiting for today:
We are waiting for further movement to 46 00.
What I recommend:
If you want to open short:
It is better to open short positions from the level of 45 90 short positions, while limiting risks to 0. You will have a chance to limit losses.
If you want to buy:
A good place to buy would be around 44-50 but you can try buy at 4522, while limiting risks to 0. You will have a chance to limit losses.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post selected reviews every day, so check back tomorrow!
See you next time!
Bye!
Target reached 3/29/22, bullish close = final bull move (4700+)At the beginning of the week , I called SPX hitting 4626 and SPY 460 by the end of the week but it seems it has reached to the price a lot faster than expected.
Moving forward, todays close is imperative to future movement as one more bull run might be imminent before the eventual correction . If SPX is to close around the 4620s , I could see it pushing one last time up to a total price of 4700 + specifically 4707 . Once reached, there may be more of a reason to short the entire market even if temporarily to 4504 .
As for SPY, 470 is possible given the price closes bullish today.
Thank you for reading.
SPX W-Shaped RecoveryI think we might see the end of the war soon.
Russia says the first phase of its “military operation” in Ukraine is mostly complete.
I am considering a W-Shaped Recovery on SPX and a price target of $4710.
Looking forward to read your opinion about it.
S&P 500 IndexThe world’s most important stock market index, the S&P 500, rose firmly last week, despite earlier making the first “death cross” / “bear cross” (50 day moving average crosses below the 200-day moving average) seen since the coronavirus shock of March 2020.
The price closed Friday with strong short-term bullish momentum just a fraction below the 200-day moving average. If the price can now get established above that moving average, it will be a bullish sign that the bull market is likely to continue after pulling itself out of correction territory.
There is an obvious key resistance level at 4596.
SPX IS LONGMy views on SPX is bullish heading towards the resistance line of 4780.43 to retest it or break it.
SPX LONG ZONE UPDATEDFor More Daily Detailed Analysis, Go ahead and click on the Follow Button,
Here we have our US INDEX chart of the SPX.
We are looking to the long side on improved sentiment and the current price action zone we arrive at.
We can look to the north side for an exit at some comfortable resistance.
SPX LONG ZONEFor More Daily Detailed Analysis, videos and Trading lessons please feel free to click on the follow button.
Here we have our SPX chart.
As we return to key market memory zones we can look for an upside move from upside bias. Market sentiment is improving which helps this Particular bias..
for exits we can look towards our KEY MA's and some early resistance as noted.
Use eclipse/arrows for price guidance.
SPX RE LONGHere we have our SPX updated chart.
We previously looked short falling to previously hit long zones. As we approach these areas we can start to form our upside bias.
Look to enter around previous price action and exit at early resistance.
Something That Bothers Me - SPX On the Weekly chart it can be seen that the wedge pattern is respected with three down waves
The same pattern arose on the Monthly timeframe, yet a third wave is absent, and bullish continuation was the result
Thoughts?
SPX 500 ZONES FOR TRADINGFor More Daily Detailed Analysis, Click on the follow button. If you have Any Questions, Please do ask them!
Here we have our SPX Chart,
On current market sentiment we have seen a large fall in the SPX, noted by the close on the last bearish candle..
As we approach later Support zones we can start to get long looking for sentiment changes and accumulation of lower prices.
Exit comes at early resistance as scaling occurs.
SPX TRADING For More Daily Detailed Analysis, Click on the follow button.
Here we have our SPX chart on the daily..
As global tensions increase we have seen falls across global equities, with some rebounding. The US stock market is still falling heavier to key support..
As price falls with Strong candles it is important to slow down and get lightly long, awaiting entry conf.
We can look long to early resistance levels for an exit. Trade SMALL in the current climate as market sentiment will dictate.
SPX LONG TARGETSFor More Daily Detailed Analysis, Click the follow button.
Here we have our SPX chart.
The US stock market is set to open lower in line with various GLOBAL equities.
Wall Street has not been hit so hard compared to other indices, but risk is still ON so we can start to get long lightly at the labelled zones with Market sentiment in mind.
Use arrows and eclipse symbol for price direction.
S&P 500 (SPX) | The best target for correction♻️Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count, the main waves 1, 2 and 3 have been completed and the wave trend of wave 4 has started with the breaking of the line.
We have already said that we doubt the structure of Wave 4 and were hesitant between the corrective structure of the triangle and the zigzag
We said that if another descent is made beyond the previous floor, we will conclude that we are inside a zigzag.
It is probable that from this zigzag, wave a is formed as five waves and wave b is confirmed by breaking the trend line and moves around Fibonacci 0.618 and may go happily forward from this area and then another descent for wave c is formed.
If Fibo 0.618 is completely broken, we should look for another structure.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
SPX TO TURN LONGFor More Daily Detailed Analysis, Click the Follow Button.
As Global Equities fall amid the current Market Sentiment we can look for intraday light longs.
Global news can cause Rapid movements as you will have seen as of late. As we pull down to a key buy zone on former market support we are going to start to look long.
It is important to Trade lightly on this move, so do NOT overload the position because price is low.
Use arrows and eclipse symbol for direction of price.
SPX Long Zones on Fall.For More Daily Detailed Analysis, go ahead and press the Follow Button. If you have any questions, please do ask them in the comments section..
Here we have our SPX Analysis.
After global tensions increased on the weekend we saw economic sanctions against Russia. This has caused various assets to turn Red on Market open today. The sentiment continues to be changing as resolve efforts continue.
From a TECH perspective we can look to get lightly long on the new falls and short rises higher as shown in the analysis.
Use correct risk managment and Trade safely.
SPX LIVE FULL ANALYSISPress the Follow button for more Daily Detailed Analysis. If you have any Questions, Please do ask them in the comments Section!
Here we have our SPX charts, showing us a recent move to some comfortable support. The fall has been caused by current global tensions Across various continents and the dismal prospects of a war, having its negative effects. Any conflict often does this because it causes huge disruption to economic infrastructure and banking systems, none of which is beneficial to growth.
As we return to the Cleary noted support zone, Supplied by various candlewicks we reach a point of price Memory. This level has been seen by buyers previously and will be used again as a point of reference. After the recent large fall, we can look to take it on the longside as sellers are removed and bulls step in. Market sentiment is likely to provide the basis for this in the nearer term. If you need to multi hedge across assets it may also be advisable.
S&P500 swing Buying opportunityHey traders, we are monitoring S&P500 for a long term buying opportunity around 4270 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
View on S&P500Could we see a contrarian move back to the resistance zone ?
I am slightly bullish and waiting for a retracement play.
SPX LONGPress the Follow button for more Daily Detailed Analysis. Should you have any questions, Please do ask them.
Here we have our SPX Chart analysis.
With global tensions rising we have seen a dip back in the price of the SPX. this has been sustained over several weeks as we can see from our high timeframes. On this dip we can start to get lightly long.
The second Long zone can also be taken lightly. You must remember to suit your Trading to market conditions to stay safe.
