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US SPX 500

The importance of your current locationHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (NAS100USD chart) In order to continue the upward trend from a long-term perspective, it must rise above the HA-Low indicator on the 1M chart. From a mid- to long-term perspective, it is located in the 12896.2-13418.8 section, which is the current volume profile section. Therefore, in order to show a full-fledged upward trend, it is expected that it will be possible to rise above 13231.6-13480.9. If that doesn't happen and it goes down, you should check for support near 12497.5. ---------------------------------------- (SPX500USD chart) The key is whether it can rise above 4116.0-4123.5 and whether it can rise above 4169.6 to receive support. ------------------------------------------- (DXY chart) The key is whether resistance can be found below 102.020, that is, below 101.494. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
OANDA:NAS100USD
by readCrypto
1
The S&P 500 BottomTop of mind for investors and traders right now is whether or not the S&P 500 has reached its bottom. While this is an impossible question to answer and depends on which timeframe one is looking for a bottom, I will attempt to provide an general analysis below. First, the chart above is a quarterly chart (each candle represents a 3-month period) of the S&P 500. The pink line and shaded area represent periods of U.S. recessions as designated by data published by the Federal Reserve. The white line is the 20-period moving average. The 20-period moving average is the most commonly used reference point for the mean (average) price of the time period being analyzed. The 20-period moving average is also the mean of the Bollinger Bands, which are used to detect how over- or under-extended price is relative to its mean. GDP data suggest that we were technically in a recession in the first half of 2022. In the past 50 years, every recession has seen the S&P 500 revert down to its mean on the quarterly chart. Even the mild recession in the early 1990s, which hardly anyone remembers today, nearly tagged the mean. In fact, most recessions saw further downside movement. During the Dotcom Bust and the Great Recession the S&P 500 declined all the way to the lower Bollinger Band on the quarterly chart (as shown below). The current stagflationary period (where inflation is elevated and economic growth is low) is most similar to the stagflationary period of the 1970s. During this period, we had a series of intermittent recessions and a relatively flat stock market over a period of about a decade. As you can see in the chart below, during each recession, the S&P 500 bottomed at either the mean of the Bollinger Band or down at the lower band (on the quarterly chart). It was not until Paul Volcker sent interest rates to the moon that inflation finally ended in the early 1980s. Every yearly chart I've analyzed suggests we have entered into a period of stagflation and we will likely see higher inflation, higher unemployment, higher interest rates, and intermittent recessions for years to come. This is happening while the yearly S&P 500 Stochastic RSI oscillator is trending down sharply following more than a decade of rapid stock market expansion. So far as of writing, we have not reached the S&P 500 mean on the quarterly chart. There is an overwhelming likelihood that, at some point in the future, we will. Nonetheless, traders ought not to base their trades on slowly moving yearly charts, as even in a prolonged downturn there can be lucrative intermediate-term long opportunities. Indeed, the quarterly mean (20-period moving average) moves up over time, and when we do revert down to it, that price may be higher than the current price. Here are some other arguments for why we may have seen an intermediate-term bottom of the S&P 500 -- First, seasonality: As you can see in the seasonality chart below, the month of June often puts in the low for the year, which is sometimes retested in the August through October period (highlighted in yellow). Second, Fibonacci levels: As you can see, June's price action bounced off an important Fibonacci level. Price is also technically being supported on the third Fibonacci spiral from the Great Depression high as shown below (though this is precarious when viewed on the yearly timeframe). Third, the intermediate term oscillators are starting to create a bias of momentum to the upside as shown in the chart below. Fourth, the chart of the ticker S5TH is breaking out. The S5TH ticker simply represents the number of stocks in the S&P 500 that are above their 200 day moving average. This is extraordinarily bullish and a warning signal to those holding short positions. Fifth, there has been a clear bullish breakout of the Advance Decline Line (ADL), as shown in the chart below. The advance-decline line is a technical indicator that plots the difference between the number of advancing and declining stocks on a daily basis. The advance-decline line is used to show market sentiment, as it tells traders whether there are more stocks rising or falling. Right now it is signaling a bullish reversal. There are other bullish signals occurring as well, such as improving sentiment in the Put-Call Ratio and in the Fear-Greed Index. Although all of these indicators are turning bullish. We still need to see the VIX break down below its trend line and the dollar index (DXY) to start declining, the latter of which will likely happen. About a month ago, I questioned whether the DXY would top at its Fibonacci level, and indeed it formed an upper wick and came right back down to this level before the close of July, forming a bearish inverted hammer. There were many dollar index bulls who thought at the time that I was being ridiculous, but the charts were showing clear bearish divergence and there was very little chance that the dollar index (DXY) would blast past this important Fibonacci level while being so over-extended. I ignore all noise in the market and focus solely on what chart is saying. Charts are mathematical, statistical, and predictable. Charts also do not lie. While anything can happen, it's quite certain that the coming months and years will be quite a roller coaster. There are very few people who are prepared for the magnitude of stock market decline that could happen now that unlimited quantitative easing is no longer sustainable. I'll be posting updates along the way. Look first, then leap!
SP:SPX
by SpyMasterTrades
41
➖15% S&P500 Index drop by H&S pattern💣The S&P500 index is moving near the resistance line and 🔴resistance zone($ 4,200- $ 4,100)🔴. The S&P500 index also seems to be forming the right shoulder of the Head and Shoulders pattern in the 🟡Time Reversal Zone(TRZ)🟡. I expect the S&P500 index to drop to the 🟢support zone($ 3,590-$ 3,490)🟢 after breaking the neckline. S&P500 Index (SPXUSD) Analyze Daily time frame⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SP:SPXShort
by pejman_zwin
Bullish above last month HIGH Buy signal still valid SPX SPY SNPWith all the Doom & Gloom regarding recession worries we liked our idea even more so into Q1 close last month. So far so good however we are still very early in Q2. We remain bullish above last months high (March 2023) Seeking Pips will be managing our positions on the Weekly and Daily charts. We also note that the current price is also in a key Fib retracement zone to SELL SPX on the monthly chart so we will not be surprised to see another pullback, again we would consider adding to our core position if this happens and volatility is right. Our Bull & Bear price level is clear and as long as we above it we want to be buyers only. A failure of March 2023 Low we would have to revaluate our current thesis. Happy trading have a GREAT WEEK.! =============================================================== SUBSCRIBE TO OUR CHANNEL & FOLLOW THIS TRADE IDEA FOR UPDATES.
CBOE:SPXLong
by seekingpips
1
whether it can break through the volume profile sectionHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (NAS100USD chart) During the volatility period, it rose to the volume profiel section of 12896.2-13418.8. It is expected that the trend will be determined by whether there is support or resistance in this area. Therefore, if it rises, it is expected to continue the upward trend only when it rises above 13231.6-13480.9. Conversely, it is expected to continue the downtrend only when it falls below 12716.0-12896.2. If it rises above 13480.9, there is a possibility of a sharp uptrend. If it falls below 12716.0, it is important to find support around 12497.5. ----------------------------------------------- (SPX500USD chart) The key is whether it can rise above 4116.4123.5 and be supported. ----------------------------------------------- (DXY chart) After the volatility period around April 3, it shows a decline below 102.020. Therefore, the question is whether resistance can be found below 101.494. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
OANDA:NAS100USD
by readCrypto
1
Volatility Period: Around March 30th - Around April 3rdHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (NAS100USD chart) The important volume profile section is the 12896.2-13231.6 section. Therefore, in order to ascend to 12896.2-13231.6, we need to make sure that we can rise with support in section 1. If it fails to rise, you should check for support around 12497.5. The next volatility period is around March 30th - April 3rd. --------------------------------------- (SPX500USD chart) We need to see if we can sustain the price by rising above 3984.7-4000.0. If not, you need to make sure it is supported around 3774.9-3845.4. Whether it can rise above 4116.0-4123.5 is the key. --------------------------------------- (DXY chart) It is necessary to check which direction it is deviating from the 102.020-103.494 section. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
OANDA:NAS100USD
by readCrypto
1
S&P 500 Bullish Consolidation ContinuesStock markets have been uninspiring so far today, mainly due to the lack of fresh catalysts to encourage market participants to trade. At the time of writing, the markets were holding losses in Europe and US. That said, the losses were limited, and lacked any real momentum. So, we may yet see some bargain hunting later in the session for some downbeat stocks, which could lift the indices. Understandably, some investors are having a hard time to make up their minds on the direction of asset prices. Question marks remain over how the bank crisis will play out, and whether the Fed will hike or hold interest rates at the next FOMC meeting. To make things worse, there isn’t an awful lot on the economic calendar this week until Friday when we will get the Fed’s preferred measure of inflation data. But we did see a gauge of US consumer confidence (CB) unexpectedly improved in March. All told, the market is basically inside a large consolidation zone, but with a slight bullish tilt thanks to receding fears over banks. S&P 500 technical analysis The S&P 500 has been coiling around its 200-day average, suggesting that it is gearing up for a potentially sharp move. The index has poked its head above the bearish trend line on a couple of occasions, but so far unable to show any bullish follow-through. Will that change this week? The bulls will not want to see the index close below Monday’s low around 3968, and certainly don’t want to see it drift back towards Friday’s low at 3905. On Friday, the S&P and several other global indices formed large bullish hammer candles. The bulls now need to see some upside follow-through above these candles. So, watch out for a possible move higher above Friday’s high at 3980 to potentially trigger a short squeeze rally. -- Written by Fawad Razaqzada, Market Analyst Follow Fawad on Twitter @Trader_F_R
FOREXCOM:SPX500
by FOREXcom
Visualizing the Current Market in Relation to Past RecessionsIt is helpful to view past recession trajectories to get a visual idea of where we are at the moment. I chose the recessions which were most relevant to today's market conditions. The 01 (purple) and 08-09 (dark blue) recessions were the first "modern" recessions where MMT was being implemented and tech made up a significant chunk of the market. The 70 (reddish brown) and 73-75 (green) recessions were the first stagflation recessions of the 70s. Finally, the Great Depression (light blue) is shown as a worst case scenario. If this current period mirrors history, a bounce or sideways movement through the rest of 2022 wouldn't be surprising. While a depression trajectory is possible, I don't believe it is most likely at this point.
SP:SPX
by Cryptogold14
2
The key is whether it can rise to the volume profile sectionHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (NAS100USD chart) (1W chart) The key is whether it can be supported by rising to the volume profile section of 12896.2-13418.8. (1D chart) The key is whether it can rise above section 1, 12716.0-12896.2, after being supported near 12497.5, the HA-High indicator point. If it fails to rise and falls below 12896.2, it should check for support near 12119.2-12255.2. ------------------------------------------------- (SPX500USD chart) The question is whether it can rise above 4116.0 and hold. In order to continue the short- and mid- to long-term upward trend, it must rise above 3984.7-4037.6. If the price fails to move above the uptrend line (1), be cautious as there is a possibility of a pullback around 3774.9. ----------------------------------------------- (DXY chart) The key is whether there is movement out of the 102.020-105.873 interval. A break below 101.494-102.020 is expected to boost the investment market. If it rises above 105.873, the investment market is likely to experience a downturn. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
OANDA:NAS100USD
by readCrypto
2