Potential bullish rise?S&P500 has reacted off the resistance level which is an overlap resistance and could rise from this level to our take profit.
Entry: 5,995.10
Why we like it:
There is an overlap resistance level.
Stop loss: 5,936.66
Why we like it:
There is an overlap support level.
Take profit: 6,110.04
Why we like it:
There is a pullback resistance level that lies up with the 100% Fibonacci projection.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
US SPX 500
S&P 500 Potentially BullishFOREXCOM:SPX500 has been in a bullish direction. We have seen it make new highs and right now it is coming for a retest on the previously broken high. I will wait for a retest and see some price action at the 5,875.2 area before going long.
Until then, fingers crossed.
Past results does not guarantee future results, please do your due diligence
Like and follow for more
Scenario on s&p 500 13.12.24We have two scenarios for now, the first one is that if we want to get to the new ath, we need to keep the level around 6060, if that doesn't happen and we break below this level, it is possible that there will be a deeper correction, the first level is 6000, the deepest so far is 5880.
Why on Earth anyone invests in the Australian Shares? (SPX)The last 16 years. The US S&P 500 index (in red) Vs the Australian All Ordinaries index. The US broad market index up by 607%, the Australian index up by 58%. The US S&P 500 index is a broad measure of the top 500 companies in the US, and the All Ordinaries likewise from the largest 500 companies listed in Australia. The US represents about 25% of Global GDP Vs Australia at 1.6%. The US S&P500 index companies also earn about 40% of their earnings from outside America (due to their Global reach). Their companies also lead in tech, banking, defense etc. Why does anyone invest solely in the Australian share markets? The Australian index is very narrowly weighted to the big 4 banks (mostly leveraged on Australian residential real estate), and the large miners (leveraged on the commodity cycle). Both very narrow, non-diversified risky strategies, and clearly over the long term a crap investment compared to the breath of risk and performance outcomes of the US multinational giants of expansion and leading edge innovation.
S&P 500 Third of a ThirdLooking at the way the price structured the pattern. I lean hard into it moving down into the second swing. We are at the end of sub-wave two of the ongoing second swing at this juncture. Just by logic having wave two end means we are moving into a third wave territory. Third waves are, in most cases, the best and most aggressive move to trade in. Thus the high at 6,085 should hold until we see it make a new low past the first swing low of 6039.25
Happy Trading :)
S&P Correction, More Downturns ExpectedEven though the price traded slightly higher than the closing price on Friday, we did not see it make another high. Instead, it has started its descent into forming what I expect will be a more moderate retracement before we continue the upward trajectory.
The first swing down, just on the look of it, seems to be at or close to completion. Assuming this is true, the best course of action is to wait for the upcoming intra-correction rally of the B wave. Subsequently, we can look to position an order to take advantage of the second swing down to complete a classical zigzag pattern.
The correction so far has reached the 23.6 level retracement of the previous third wave total advance. Still, we would ideally like to see it travel into at least the 38.2% retracement, which coincides somewhat closely with the ending area of the previous 4th wave of one lesser degree. This is one of the main target areas we look for on the travel of a 4th wave.
I will keep updating as the price and the pattern continue to develop.
Happy Trading :)
SPX500USD Will Go Up From Support! Buy!
Here is our detailed technical review for SPX500USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 6,031.9.
Considering the today's price action, probabilities will be high to see a movement to 6,180.5.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
SPX macro analysis ⏰ Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis to explain situation _&_ market conditions of CBOE:SPX
How this chart valid for long term 📌 explained clearly based on technical #TA 📌 #DYOR
Let's go with market conditions 1st 👉
PPL 📌 thinking 🤔 big crash in S&P500 , based on economy and some other theories
I don't this things go , if this happens 😂 it will vanish not only stocks or companies even goverment also get vanish
Money 💰 >> PPL work / save in -> gold , bank & stocks
Money 💰 >> banks -> save in ->> gold , stocks & giving loan to company & PPL 📌
Money 💰 >> companies -> save in future growth 📈 give return to retailers and keep on increasing vlaue for future like NASDAQ:AAPL , NASDAQ:GOOG , NASDAQ:AMD etc ....
if stocks lose 📌 PPL lose 📌 if ppl lose 📌 goverment also lose 📌 biggest revaluation 😂
This is the major index ☝️ for many stocks , did you think 🤔 it will crash 🩸 that much harder 🙂
Use 🧠
👀 Let's go with my technical analysis ⏰ #TA ->> how I am expecting macro growth 💹
👀 There tend line 🙄 at previous High 2022 > to < 2023 which actually promised
trend 📉 line and even turned as resistance 📌 for 1.2yr
+
Finally it was broken and re-test also done 👍 turned as support 📌 💜💚 🚀
👀 According technical analysis 📌 my analysis get Invalid 📌 when month close below $3800.2
👀 There was oder block strong 🚀 support 📌 in 3 - month $4000-4200
👀 The previous order block at $4300 & $4600 easily broken 😂
These and some other theories making me push towards new high 💰
Expecting target's 🎯
🎯 :: $4880-$5018 ( easy target )
🎯 :: $5324-$5469 ( 💯 target )
🎯 :: $5885-$6484 ( high pressure resistance )
Support 📌 $3900-4200
This is my analysis on S&P500 on macro , i will post other patterns and chart of technical as per education under this post 📌
-----------------------------------------------------------------------------------------------------------------------------------------------------------
🪩 disclaimer :
▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌
Note 👀
👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important ☺️
Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛
I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day 😊
SPX500 / US500 Index Market Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist SPX500 / US500 Index Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback.
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Holiday Trading Plan Nov 28th & 29thNOTE: This trade plan is for the next two days. Both Thursday and Friday are half days for futures closing at 1pm EST. The NYSE is closed tomorrow, but open for a half day Friday. Volatility and volume will be very light and setups will be limited. The below levels are also for two sessions, which means they may be less precise than usual as I am basically averaging two days. I will post any real-time revisions and updates in private group as the day goes on.
Plan for Thursday and Friday’s Sessions
Supports:
• Major: 6009, 5993-89, 5963, 5952, 5933, 5921, 5908, 5878-5880, 5850-55, 5837, 5818-22, 5802, 5773, 5757-59.
• Minor: 6002, 5998, 5981, 5972, 5967, 5957, 5942, 5928, 5902, 5892, 5885, 5869, 5864, 5842, 5828, 5812, 5806, 5790, 5782, 5766.
Resistances:
• Major: 6025-28, 6045-50, 6069, 6089, 6112, 6121, 6134, 6152, 6185, 6195, 6214, 6232, 6245, 6263, 6271-76.
• Minor: 6017, 6033, 6039, 6055, 6062, 6076, 6082, 6095, 6117, 6142, 6163, 6171, 6200, 6208, 6225, 6238, 6256.
Context and Strategy:
The market remains in a large consolidation base between 5993-89 and 6045-50, with numerous key levels within this congested range (6009, 6025). I am still holding my 10% long runner from the ~6002 add this afternoon.
With the next two sessions being holiday trading days, do not over-trade. These sessions will likely have low volume, low liquidity, and a higher failure rate for setups due to the absence of substantial institutional participation.
Most holiday sessions tend to drift higher, but this is not guaranteed. Friday morning could see some better moves, but my bias is to avoid entries until Monday and let my runner continue working.
Key Levels to Watch:
1. 6009 (Major Support): This is the first downside test, but it has been heavily worked already. Unlikely to provide a strong setup without fresh demand.
2. 5993-89 (Critical Support): A retest here provides a safer long opportunity if bulls defend this level again. Look for a possible Failed Breakdown at this level to confirm demand remains intact.
3. 6025-28 (Major Resistance): This area remains a key upside test. Reaction here could determine whether bulls can push higher or if the range tightens further.
Scenarios for Thursday and Friday:
Bull Case:
1. Hold 5993-89: As long as bulls defend this zone, the range remains intact, and ES can build structure for another push higher. This could look like a test of 6025-28, a minor dip, and then a re-test of 6045-50.
2. Breakout Above 6045-50: If bulls clear this resistance, the next targets are 6069, then 6089. Further upside could extend toward 6112 and beyond.
3. Ultra Bullish Scenario: ES skips further downside tests entirely, flagging above 6009 and pushing directly to test 6025-28. A breakout here sets the stage for continuation toward the highs.
** I’d normally give a spot to add on strength but we have two holiday sessions ahead so this is impossible to do without seeing the action real-time.
Bear Case:
1. Breakdown Below 5993-89: For a short setup, patience is critical. The ideal entry comes after:
• A final bounce attempt at 5993-89, or
• A failed breakdown of today’s low that fizzles out, ensuring the demand from this level has been exhausted.
Enter short only after sellers flush below the structure’s lows (e.g., 5986 or higher), confirming that demand has been taken off the table. This reduces the risk of being trapped by a reversal. Refer to Edu Section for example.
2. Targets on Breakdown: If 5993-89 fails and momentum builds, watch for a test of 5963, 5952, or even a failed breakdown recovery around 5972. Be cautious as breakdown trades are low win-rate setups and prone to trapping shorts unless confirmed.
Summary for Thursday and Friday:
• Bullish Lean: As long as 5993-89 holds, the market remains in consolidation. This favors a move toward 6025-28, followed by an eventual breakout to 6069, 6089, and higher.
• Bearish Risks: A loss of 5993-89 could trigger a deeper sell-off to 5963, 5952, or beyond. Short setups require patience and confirmation of seller strength.
Holiday trading requires extra caution. Avoid chasing moves, focus on high-probability setups, and let price confirm structure before taking trades. Remember: Low liquidity can lead to erratic moves. Stay disciplined and prioritize capital preservation.
SPX500USD Is Bearish! Short!
Here is our detailed technical review for SPX500USD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 5,994.0.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 5,864.5 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
Upside We Go!Just as I stated. More move to the upside. Opened up with Gap as well.
Let’s look to the pull back to the previous daily/weekly low… if it holds, then we add to the position to the upside.
If not, we close trade
Happy Sunday.
Wishing everyone blessed start of the week.
Sundays is the best day to start preparing for the week ahead.
Upside We Go!Just as I stated. More move to the upside. Opened up with Gap as well.
Let’s look to the pull back to the previous daily/weekly low… if it holds, then we add to the position to the upside.
If not, we close trade
Happy Sunday.
Wishing everyone blessed start of the week.
Sundays is the best day to start preparing for the week ahead.
S&P 500: Long Trade Targets AheadS&P 500 Trade Details:
The S&P 500 (SPX) on the 15-minute timeframe confirms a bullish breakout according to the Risological trading indicator . Target 1 (TP1) has been successfully hit, with higher targets in sight, as the bullish momentum sustains.
S&P 500 Key Levels:
Entry: 5889.16
Stop Loss (SL): 5872.22
S&P 500 Take Profit Targets:
TP1: 5910.09 ✅
TP2: 5943.96
TP3: 5977.82
TP4: 5998.75
Analysis:
The price action indicates strong upward momentum with consecutive bullish candles. The moving averages align to support the trend. Short-term resistance at higher targets may see consolidation before further upward movement.
Outlook:
With TP1 hit, the trade looks promising to reach TP2 and beyond. Keep monitoring momentum strength and secure profits as each level is achieved. Stay cautious of reversals near key resistance zones.
SPX500USD Will Go Up! Long!
Please, check our technical outlook for SPX500USD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 5,779.8.
Taking into consideration the structure & trend analysis, I believe that the market will reach 5,887.5 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
SPX500USD Will Move Lower! Sell!
Here is our detailed technical review for SPX500USD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 5,735.3.
Considering the today's price action, probabilities will be high to see a movement to 5,643.6.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
November Trading Competition Chart
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
-------------------------------------
(SPX500USD 1D chart)
In order to maintain the uptrend, it must rise above 5738.2 and be maintained.
Since the StochRSI indicator is currently expected to create a double bottom, if the StochRSI indicator rises in the oversold zone, it is highly likely to create a large uptrend.
Accordingly, I think the 5738.2 point is a very important support and resistance point.
-
(XAUUSD 1D chart)
BW(100) indicator is created at 2748.960, and HA-High indicator is created at 2734.472.
Accordingly, the point of observation is whether it can receive support and rise around 2734.472-2748.960.
-
The fact that BW(100), HA-High indicators are created means that a high point section has been formed.
Therefore, if it receives resistance from BW(100), HA-High indicators and falls, you should basically think that the decline is likely to continue until it meets BW(0), HA-Low indicators and respond accordingly.
Therefore, whether there is support around 2734.472-2748.960 is important.
-
Since the StochRSI indicator appears to have entered the oversold zone, we need to check where it is located when it rises in the oversold zone and maintains the state of StochRSI > StochRSI EMA.
-
(XAGUSD 1D chart)
The chart can be seen as already in the process of decline.
However, since it is maintaining an upward channel, we need to keep in mind the possibility of creating a pull back pattern.
Accordingly, the area around 3188144 is expected to be an important support and resistance zone.
The HA-High indicator is created at the 32.99790 point, and the BW(100) indicator is created at the 34.86 point.
Accordingly, there is a possibility that it will be restricted from breaking through the 3299790-34.86 zone upward.
-
(EURUSD 1D chart)
I think the 1.08821 point is a very important section in the trend.
I think it is likely to have difficulty turning into an upward trend until it rises above the M-Signal indicator on the 1W chart.
Therefore, I think it would be advantageous to proceed with a trade after confirming support near 1.08821.
-
(WTICOUSD 1D chart)
The oil chart is in a reverse arrangement.
Accordingly, I think it would be advantageous to trade with a sell (SHORT) position.
It is currently rising above 71.6167 and rising above the M-Signal indicator on the 1D chart.
In order to maintain this rise, it needs to be maintained around 71.955.
-
HA-Low, HA-High indicators are indicators created to trade using the Heikin-Ashi chart.
The fact that the HA-Low indicator was created means that a low point range has been formed.
Therefore, if it is supported near HA-Low and rises, you should basically think of a response plan by thinking that it will continue to rise until it meets the HA-High indicator.
The HA-Low or HA-HIgh indicators are designed to display box ranges differently from other indicators.
Therefore, in order to escape the low point range formed by the HA-Low indicator, it must rise above the upper point of the HA-Low indicator box.
Therefore, it can be said that it has escaped the low point range if it rises and is maintained above the Fibonacci ratio of 0.618 (72.606).
-
StochRSI indicator is not a universal indicator,
but basically
- When the StochRSI indicator is above the 50 point, you should focus on finding a time to sell,
- When it is below the 50 point, you should focus on finding a time to buy.
From that perspective, I think the current rise is more likely to be a rebound rather than a rise.
-
(BTCUSD 1D chart)
The important support and resistance areas from the current price position are as follows:
- 71288.90-72322.91
- 68343.64-69795.79
- 65910.71
The three areas above are important support and resistance areas.
-
As explained on the oil chart, since the StochRSI indicator is below the 50 point, you should focus on finding a time to buy.
Therefore, if you are trading for the first time, you can trade depending on whether there is support near 68343.64.
However, since the current trend is an upward trend, if you trade with a sell (SHORT) position, you need to respond quickly and briefly.
-
(ETHUSD 1D chart)
ETH is currently moving sideways in the box section.
Therefore, the trend is expected to be determined depending on which direction it deviates from the 2272.88-2707.12 section.
Therefore, you should think about trading within the box section and create a response plan.
Then, when it deviates from the box section, you should switch to a trading strategy to eat the trend.
-
Have a good time.
Thank you.
--------------------------------------------------
SPX500USD Will Go Down! Sell!
Please, check our technical outlook for SPX500USD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 5,736.0.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 5,643.6 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
-United States PCE (October/2024)$USCPCEPEPIMM 0.3%
(October/2024)
source: U.S. Bureau of Economic Analysis
-The US core PCE price index, the Federal Reserve’s preferred gauge to measure underlying inflation, rose by 0.3% from the previous month in September of 2024, the highest gain in five months, following an upwardly revised 0.2% increase in August, matching market forecasts. Service prices rose by 0.3%, while goods prices decreased 0.1%.
Year-on-Year, core PCE prices rose 2.7%, the same as in August, but above forecasts of 2.6%. source: U.S. Bureau of Economic Analysis