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Spx500long

$SPX The Up and Down movesPlease Like if you find this helpful. I believe the bull market is dead but the market can still be traded. Overall, we could be in a massive ABC correction. I believe the economy was on shaky grounds before COVID which is why I called for a market correction in January. With COVID we are definitely going into a market crash and a global recession. Technically - I think we are headed lower in the overall market but some ups in the near future. I think GILD readout is coming soon and if positive could push the whole market up. However that will be short lived once the true impact of COVID is known. The Corporate debt crisis, Consumer debt crisis from those who no longer have jobs and banks that wont be getting money from mortgages and car notes. Please do your due diligence as this is just my opinion and not an investment advice.
SP:SPXShort
by UnknownUnicorn3272672
3
SP500 LONG WEEKLYDear Gamblers, Seems that this index is going to take a deep breath and show us some strength. Personally i will trade this with stop loss really far away (due to volatility) so here is the strategy i am going to follow: STRATEGY: Open long IF today closing price is higher than 2500. Target around 2900. Stop 2150. At 2900 i will start to add on shorts as i think this is merely a corrective move rather than a new bullish cycle. Reasons: The recession has still not yet been discounted on the price and it will, believe me. Do not invest now, is not yet the time. Have fun out there, Kind regards, BeniGo. ***I am not your financial advisor neither I intend to be, please do your own research before risking your money***
TVC:SPXLong
by BeniGo
#S&P500 - Target Hit with 12 points difference #spx500 And now?The 6h chart shows the strong reaction of the S&P500 at the 2.259 level. In today's low, the S&P500 reached this level by 12 points exactly and then turned north again. Currently, the question arises, is this fast movement since Feb. 19, 2020 until March 18. 2020 an ABC formation or an impulse as 12345, so that after the upward-pointing 4 a further sell-off follows. For shorties, however, this means in any case to slowly secure profits and to buy back their positions, because in the former case as ABC, a hard technical V formation could send the prices back up as fast as they were beaten down. So the idea now is to go from short to long or the bear cap and put the bull cap back on. What do you think about the idea? Greetings from Hamburg Stefan Bode
OANDA:SPX500USDLong
by StefanBode
SPX500 Plan for the Upcoming Week — H1 speculation during CovidContext & Navigating markets during COVID-19 Due to COVID-19 outbreak happening on top of an uptight bond market and weak economic fundamentals, the OANDA:SPX500USD — along with other major indexes — has tanked from its 3396 historical high in a straight line untill it found a yet to confirm or break H1 support on the 2855 area which happens to be the 50% fibonacci retracement of the December 24th 2018 to Febuary 20th 2020 rise fueled by the series of Federal Reserve's interest's rate cuts. Since then the market has demonstrated extreme volatility on lower timeframes, thus highlighting profilic opportunities for speculators. After confused reaction to the FED's emergency 50 basic points rate cut on Tuesday, the market ended up rejecting twice the 50% retracement at 3130$, a fib level that usually isn't supposed to show much reaction, displaying how weak the buyers were by not being able to push throught 61.8% (much more attractive for short sellers risk management). The market was then vowed to retest, if not break its support. The bulls showed very low interest on the range support area of 2960 - 2920 (highlighted by fib retracement and fib extension) only a few hours before the weekly close, which led me to believe that we were going to break the support either before closure or at the next opening. MACD and RSI were not showing any kind of bullish signals anyway therefore i decided not to buy the support as i previously planed to. However volumes sudently rised up and printed a 3 min range which broke to the upside the 3min bearish trendline and closed the week with a 1 hour green engulfing candle, thus quickly sending a whole bunch of bullish signals : Trade As a result, i intend to buy any retracement of the aforementioned engulfing candle with an invalidation level under the 2830 level. Regarding the objectives of that trade, i wouldn't target anything higher than 3191 - 3270$ which are respectively the 61.8 & 76.4 retracement of the "corona" bearish wave; i'll even go so far as look to reinforce my daily shorts on that very atractive area. Average risk ratio of the trade is 1/4 (2.5 stop for 10% gains) but that might change slightly given the price you enter at. Targeting new historical highs from there seem completly unrealistic and that is especially considering the underlying context and daily technical structure which seems to be a bearish trend that may drag us to as low as 2700$ if not way lower (see my future long term analysis on the stock market). Hope this idea will inspire some of you ! Go easy on leverage and don't forget to hit the like/follow button if you feel like this post deserves it ;) Kindly, J.M.K
OANDA:SPX500USDLong
by John_Maynard_Keynes
3
SPX final alternate map for next weekI enjoy these puzzles and it greatly helps my trading to watch these maps while the markets are live. Since I mostly trade ES futures, these possibilities are for my own clarity and decision making, but I hope they may also help others. This final alternate is my least favorite, although it has a great possibility - considering there is bullish divergence also on the hourly charts now (albeit a bit weak). Part of the issue I have with this count is - the psychological game makes less sense to me. If I were a market mover in the SPX - wouldn't I rather push it down until breaking the previous low thereby causing the most panic selling/stop losses and then - scoop up cheap shares to pump it to the 3180-3200 level? I know I would do that if I had the capital. Having said that, if we have a gap up on Monday and quickly sell off, that may be the time to buy. Again, the market movers will want to convince others to get out early if the news is bad monday morning - only to buy up shares and have a nice 3 day rally to the trendline. Good luck!
TVC:SPXLong
by the_sunship
SPX500 - the beginning of a recession?😲Good afternoon! It was a fun week for traders! The stock market is flying down. Is coronavirus so quickly led to such consequences, or is it just a reason to make money? The graph shows the price movement options. We have already observed a correction of more than 21% in 2018. and everyone was expecting a recession. However, the price pushed off support and continued to grow. What will happen this time ??? There are several options. Which one will work time will tell. Thanks to all my subscribers and readers for your attention! 🙏 Success and profit! Do not leave, without like, and if you liked my analytics sign up, and you definitely will not miss anything! Disclaimer: I do not give entry and exit points. I share with you my opinion and ideas, which may differ from yours.
FX:SPX500
by CryptoYanina
S&P 500 | Can Bounce of 200 Daily MAPlease support this idea with LIKE if you find it useful. 200 daily MA perfectly served as a support for the price since March of 2019. In case we get the price closes above S2 we can initiate a Long position. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
CME_MINI:ES1!Long
by Anpu