SPX 500 index: Is the market ready to show us 4100Today we are here to talk about the SPX 500 index
What's on the market now: The index is trading at 40 08. And in the last trading session, we have a flat correction.
Today we wait:
If yesterday's flat correction ends. And today we can expect the market to move to the level of 41 05. But if the market continues yesterday's correction, then we expect its bottom at the level of 39 30.
What I recommend:
If you want to open short:
I recommend that you go short above 4100. If you want to avoid risk, shorting above 4145 seems to me the safest.
If you want to buy:
Long positions are possible from the 3930 level, limit your losses.
If you outside the market:
You can sell above 4100 or wait until the market bottoms out at 3820-3780 and buy there.
Like and subscribe, thanks!
Also remember to contact me in 1 or 2 days for further trading advice.
See you next time!
Spx500short
SXP 500 index: Will there be stabilization by 4030 today?Today we are here to talk about the SXP 500 index.
Today: The index is trading at 3930. In the last trading session, we saw a new bottom of the market at 3858. Since there is no profit taking in the market for players, this tells me that the stop of this fall will be at the level of 3820 - 3740.
What's on the market now:
Globally, the index goes to the level of 38 20 - 37 40
What are we waiting for today:
An attempt to stabilize the price to 40 35 and the entry of new players into the market, and then the continuation of the price movement to the level of 3820 - 37 40
What I recommend:
If you want to go short:
It is better to open short positions from the level of 40 35, limit your losses.
If you want to buy:
Long positions are possible below 3820 - 3740, limit your losses.
If you outside the market:
You can sell from 4050 or wait until the market bottoms around 3820-3740.
If you want to ask a question about an idea:
If you would like more information, please contact me in the comments below.
Also take a look at my profile for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice.
Like and subscribe, thanks!
See you next time.
SPX Renko Chart = Bearish (~13% to 26% Potential Drop)The Renko chart for the S&P 500 Index (SPX) is now showing a sell signal.
This charting system is used exclusively to spot a trend.
We have the same candle pattern as back in February 2020 before a major correction.
This pattern came up again January 2022.
We can also draw the classic ABC EW correction here:
We are looking at a ~13% drop from the current price and up to 26% if things get really bad.
Namaste.
SXP 500 index: 3850 - 3780 May bottomToday we are here to talk about the SXP 500 index.
Today: The index is trading at 3935. The market went down sharply in the last trading session. Since there is no profit fixation in the market for players, this tells me that the stop of this fall will be at the level of 38 00 - 37 80
What's on the market now:
Globally, the index goes to 3850, which I mentioned earlier, but since the movement occurs with a small rollback, I expect an acceleration of the fall and a market bottom in the region of 38 00 - 37 80
What are we waiting for today:
Continuation of movement to the level of 3850 - 3780
What I recommend:
If you want to go short:
It is better to open short positions from the level of 4000, limit your losses.
If you want to buy:
Long positions are possible below 3850 - 3780, limit your losses.
If you outside the market:
You can sell from 4000 or wait until the market bottoms around 3850-3780.
If you want to ask a question about an idea:
If you'd like more information, please contact me in the comments below.
And 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 for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice.
Like and subscribe, thanks!
See you next time.
#SP500 #NAS100 update !Hello !
The market is red again, the downtrend is still covering the market
Mid-term:
SP500: target 3500~3640
NASDAQ100: target 11410~11780
As I said in my previous posts, the next stage we are still looking for short/sell trend entry points;
The downtrend cycle is only half over, for holders, absolutely no DCA when the bottom of the downtrend cycle has not been confirmed.
SXP 500 index! - We're going sledding.Today we are here to talk about the SXP 500 index.
Today: The index is trading at 4001 and we saw price stabilization in the last trading session. And also we see the beginning of profit-taking from shorts. But today we expect a sharp move down.
What's on the market now:
Globally, the index goes to 3850. And I believe that it will be at this level around May 18-20.
What are we waiting for today:
Today, the market may try to stabilize the price and move it to the level of 40 90, but if this scenario is broken, then the movement to the level of 38 50 will continue.
What I recommend:
If you want to open short:
It is better to open short positions from the level of 4090, limit your losses.
If you want to buy:
Long positions are prohibited. A sharp price movement to 3850 is possible, limit your losses.
If you are currently out of the market:
You can go short above 4090 or wait for the market bottom at 3850.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And 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.
Like it and subscribe, thanks!
See you next time.
SXP 500 index: SXP 500 index: Profit-taking from shorts today?Today we are here to talk about the SXP 500 index.
Today: The index is trading at 3991. In the last trading session, the market went down sharply, as we expected earlier, here is a link to the idea.
What's on the market now:
Globally, the index goes to 3850. And I expect it to be at that level around May 18-21.
What are we waiting for today:
Today we are waiting for an attempt to stabilize the price caused by profit-taking, its movement to the level of 40 80 - 41 00, and then we expect a sharp movement to the level of 3850.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 4080 - 4100, limit your losses.
If you want to buy:
Longs possible below 3850, limit your losses.
If you are in cache:
You can sell from 4100 or wait until the market bottoms around 3850-3780.
If you want to ask a question about an idea:
If you would like more information, please contact me in the comments below.
And 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 for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice.
Like and subscribe, thanks!
See you next time.
One of the severest declines the market has ever gone through.Today we are here to talk about the SXP500 index.
Today: The index is trading at 41 23. And in the last trading session, we saw the price stabilize. However, the market is moving towards the level of 3850
What's on the market now:
As I said earlier, there is a negative mood in the market globally and now the market is moving to a local bottom in the 3850 area.
What today::
We expect a sharp move towards 3850.
What I recommend:
If you want to open short:
I continue to recommend that you open shorts around 4250. But if you would like to avoid risk, short above 4335 seems to me the safest.
However, the most speculative players can open short the market on pullbacks while limiting your risk.
If you want to buy:
I strongly recommend not to buy yet due to the possibility of a sharp correction to 3850.
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.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
Like it and subscribe, thanks!
See you next time.
SPX/USD Daily TA Cautiously BearishSPX/USD Daily cautiously bearish. FOMC rally has likely concluded, the Fed did what Mr. Market expected it to but at the end of the day the inflation scenario (exacerbated by Russia/Ukraine, US worker shortage and lockdowns in China) is getting worse every day. Recommended ratio: 20% SPX, 80% cash. Price broke back down below $4175 support in yesterday's session and is currently forming a Doji Candle as it retests the lower trendline of the descending channel from August 2021 as support. Volume remains moderately high and has favored sellers in two consecutive sessions to end the trading week. Parabolic SAR flips bullish at $4308. RSI is currently trending down and testing 38.06 support after being rejected by the uptrend line from January 2022 at 48.79 as resistance. Stochastic remains bullish and is currently on the verge of a bearish crossover at 51.40; the next resistance is at 76.29 and the next support is at 18.32. MACD remains bearish and is currently retesting -76.22 minor support (after a failed attempt at trough formation) with no signs of new trough formation; a fall below -76.22 would reaffirm that the MACD uptrend line from January 2022 (at -55) has been broken. ADX is currently trending up slightly at 23.5 as Price continues to see selling pressure, this is mildly bearish; if it keeps trending up past 25 as Price continues to fall this would be very bearish. If Price is able to bounce here (off of the lower trendline of the descending channel from August 2021) at $4100, then it will likely retest $4175 resistance before makings its next move. However, if Price continues to fall here (after yesterday's Bearish Engulfing Candle) then the next likely target is a test of $3938 support (which would be the first test of this support). Mental Stop Loss: (two consecutive closes above) $4175.
SPX for the upcoming weeksThis might not be the best info you'll ever get, but I think there will be start of and downtrend (again :D) from the red box and target is the green box. From the green box I'll be bullish for the upcoming weeks. (Fundamentally it doesn't make sense right now, but we'll see what's coming.)
I really hope that we could see atleast a new high, but im realistic. With the fundamental site right now I don't know what the possible target could be. (Could be atleast the red box again or even higher..)
I'll make an update asap. ;) Hope this will be useful to someone atleast.
S&P500 - Quick Chart AnalysisFor what it's worth, I'm dropping a very basic analysis of the current price action for S&P500. It seems that the price is resting on the middle trend line of the descending channel.
The risk-takers might want to open a long order at the current level of $4,150 with a target at $4,400 and a stop loss below the recent lowest low, which is $4,060.
I personally will be trading with the trend and have an order set up at $4,400 to short the index. The stop loss is slightly above that level.
SXP500 Index! - There's little hope here.SXP500 Index! Today we are here to talk about the SXP500 index.
Today: The index is trading at 4155. In the last trading session, we saw a sharp drop down that we expected earlier, as well as a return movement, here is a link to the idea.
What's on the market now:
There is a lot of volatility in the market right now. Associated with an attempt to buy the bottom from inexperienced players.
What are we waiting for today:
Today we are waiting for the continuation of the correction and the market movement to the area above 4190. However, the probability of the price movement to the level of 4050 - 4000 remains.
What I recommend:
If you want to open short:
Go short on pullbacks above 41 70- 41 90, limit your losses.
If you want to buy:
Long positions are possible from the level of 4015-3995. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And 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.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
Like it and subscribe, thanks!
See you next time.
SXP500 Index! - What, are you taking a walk on the wild side?Today we are here to talk about the SXP500 index.
Today: The index is trading at 41 31. Last trading session we saw a sharp drop to 4100 which we expected earlier, here is a link to the idea.
What's on the market now:
Because of all the negative forecasts for the production of GDP and the presence of strong inflation. The US global market goes to the 3850 zone. And yesterday the market made a sharp fall.
What are we waiting for today:
Today we are waiting for the market to continue moving towards the 4035 zone. However, there is still a possibility of the price moving to the level of 4170. Associated with an attempt to buy the bottom from inexperienced players.
What I recommend:
If you want to open short:
Go short on pullbacks above 4170, limit your losses.
If you want to buy:
Long positions are possible from the level of 4050-4035. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And 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.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
Like it and subscribe, thanks!
See you next time.