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US SPX 500

SPX Model Trading Plans for TUE. 01/10Resistance Band Held Yesterday In our trading plans published yesterday, Monday, 01/09, we stated: "The index is now approaching the resistance band in the range of 3960-4002, and the price action in this range determines the next leg". The index failed nearing the lower end of the resistance band and got repelled from there strongly. Our models indicate choppy trading while the index is between the broader range of 3900-3955 on a daily close basis. Positional Trading Models: Our positional trading models are currently flat and indicate staying flat until otherwise indicated. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for TUE. 01/10: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 3932, 3916, or 3903  with a 9-point trailing stop, and going short on a break below 3911 or 3897 with a 9-point trailing stop.  Models indicate long exits on a cross below 3902 and short exits on a cross above 3903 for today. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 01:01 pm ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx #spx500 #spy #sp500 #esmini #indextrading #daytrading #models #tradingplans #outlook #economy #bear #yields #fomc #fed #newhigh #stocks #futures #inflation #powell #interestrates #rates #nfp
SP:SPX
by TradersAIDotCom
Buying SPX at previous resistance levels.US500 - Intraday - We look to Buy at 3867 (stop at 3842) Selling pressure from 3951 resulted in all the initial daily gains being overturned. An overnight negative theme in Equities has led to a lower open this morning. Bespoke support is located at 3867. A Fibonacci confluence area is located at 3815. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 3933 and 3951 Resistance: 3933 / 3951 / 4137 Support: 3867 / 3850 / 3812 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDLong
by OANDA
SPX Broke bullish Now What?In the last SPX post, I started to doubt my bearish scenario of the index, by saying that the price looks bullish on the short term. Now that we've seen a short term pump to the resistance, I wanted to give an update. Right now, the upper level of the resistance zone has been touched. This begs the question: Are we going to see a break of this resistance zone. If that happens, I find it extremely likely that the resistance of the channel will break aswell. However, since we're at a resistance level, we have to be cautious about the following events. Right now i'll switch from bullish to neutral, because I want to see whats going to happen next.
SP:SPX
by FetchTeam
1
SPX Model Trading Plans for MON. 01/09Post-NFP Momentum Building Up...for Now In our trading plans published on Thursday, 12/22, we stated: "Our models reiterate range-bound trading while the index is within the broader 3810-3860 range on a daily close basis". And, our plans published on Friday, 01/06, we stated: "Our models indicate continued choppy trading while the index is within this range". Friday's strong spike up cleared this range on a daily close basis, and this morning's price action is clearly building on top of that. The index is now approaching the resistance band in the range of 3960-4002, and the price action in this range determines the next leg. Positional Trading Models: Our positional trading models are currently flat and indicate staying flat until otherwise indicated. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for MON. 01/09: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 3941, 3962, 3977, or 4002 with a 9-point trailing stop, and going short on a break below 3938, 3958, 3974, or 3997 with a 9-point trailing stop. Models indicate no explicit long exits and no explicit short exits for today. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:40 am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx #spx500 #spy #sp500 #esmini #indextrading #daytrading #models #tradingplans #outlook #economy #bear #yields #fomc #fed #newhigh #stocks #futures #inflation #powell #interestrates #rates #nfp
SP:SPX
by TradersAIDotCom
S&P500, was Friday (06 Jan 23) really Bull move?As we close out the first trading week of 2023, all 3 US indices close on Friday with a 2+% gain. What a great start to 2023! Is it really, though? If you think the market rallied on higher than expected NFP and lower unemployment rates, this is your first mistake. For most of 2022, the market had considered any economic strength is bad for stocks because it would mean higher inflation and a lower chance of a Fed Pivot. We saw this time and time again in 2022 when the market dropped on lower unemployment rates, higher wages, and higher retail sales. Even Jerome Powell has stated countless times in FOMC that the tight labor market is terrible for bringing down inflation. What caused the market rally, then? The ISM Non-Manufacturing Report. What you see here is the 1-hour chart of the S&P500. The market did rally on the NFP report, but it came back down immediately. However, at 11 pm, when ISM Non-Manufacturing numbers came out, it gave the market confidence to rally. What is the ISM Non-Manufacturing Report? It measures the business activity in the non-manufacturing sector, mainly the service sector. The service sector accounts for 80% of US business activities, and manufacturing accounts for the remaining 20%. After 30 consecutive months of activity growth (Since May 2020), the Service sector has contracted. Before last Friday, the last time Service Sector went into contraction was during the Covid19 crash and the Housing Crisis. So this is a piece of terrible news, then? Why did the market rally? The market believes that a weakening economic condition will trigger Federal Reserve to cut the rate. The market still believes in this delusional Fed Pivot narrative. Time and time again, Jerom Powell will come out during FOMC and kill the rally. During Dec 2022 press conference, Powell explicitly stated, "No Pivot in 2023" (go see the conference for yourself). The market is still fighting the Fed. The 10 Year Yield and 2 Year Yield diving 4% also proves this delusional "Fed Pivot" mindset. The Fed is raising FFR to keep the rate high to discourage cheap money. But if the 10Year and 2 Year rates are crashing on the backdrop of a delusional scenario, it will make the Fed's job even harder. They even stated that in the December meeting minutes. "Unwarranted easing in financial condition, ESPECIALLY IF DRIVEN BY A MISPERCEPTION BY THE PUBLIC or the committee's reaction function, would complicate the committee's effort to restore price stability." Once again, this market rally has no legs to stand on. When the FOMC decision arrives on 31 Jan 2023, Powell will stop this rally dead on its track again. Or maybe the CPI number coming this Thursday may slap some sense into the market. Do not get tricked (again). This is not the first time. Both July 2022 and October 2022 rallies were also based on a Pivot delusion. And it did not end well. If you are long-biased, do not overstay your welcome. I will be heading to these two key event with a short bias portfolio. NOTE: Banks and Big Techs earnings are coming up!
OANDA:SPX500USDShort
by NimbusCapital
SPX Primed For A Powerful Wave 3 Decline Next WeekSPX completed a double zigzag correction originating from the December 22 low terminating at Friday's 3906 high. That 3906 high marks the completion of W2 to set up the bearish W3 breakdown out of this consolidation period. Below 3852 will greatly increase confidence that the W2 high will hold to immediately target 3819-3795, initially. Ultimately, there is a high probability target range for the W3 decline, which includes the 78.6% retracement from the October 13 low and 90-100% extensions of W1. Those are 3622-3604-3570, respectively. A fourth wave rally will follow after W3 is complete to be followed by a fifth to complete (W1).
SP:SPXShort
by TheElliottWaveClub
1
SPX Model Trading Plans for FRI. 01/06 - NFP FridayNFP Data Mixed - Be Wary of Jumping the Gun In our trading plans published on Thursday, 12/22, we stated: "Our models reiterate range-bound trading while the index is within the broader 3810-3860 range on a daily close basis". In spite of a lot of spiky price action since then, and despite the initial pop today after the NFP numbers, the index is still within this range as of 9:50am ET, the third full trading session in the New Year. Our models indicate continued choppy trading while the index is within this range. Positional Trading Models: Our positional trading models are currently flat and indicate staying flat until otherwise indicated. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for FRI. 01/06: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 3826, 3838, 3857, or 3872 with a 9-point trailing stop, and going short on a break below 3820, 3830, 3852, or 3867 with a 10-point trailing stop.  Models indicate long exits on a break below 3833 and 3880, and short exits on a break above 3835. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:01 am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx #spx500 #spy #sp500 #esmini #indextrading #daytrading #models #tradingplans #outlook #economy #bear #yields #fomc #fed #newhigh #stocks #futures #inflation #powell #interestrates #rates #nfp
SP:SPX
by TradersAIDotCom
S&P to head higher to $3931-$4039, then reverse and break lows?Similar to my analysis on BTC, I think we're in for a large bull trap here. In the very immediate term, I could see the S&P retracing down to support at $3686 or so before making a higher low, and then moving higher. Largely, I think the targets on the upside to look for over the next 2-3 weeks are $3931 and $4039. That's where I'd start getting cautious again. If we can't surpass those levels to the upside, that sets up a big move lower. There is a small possibility that price can make it all the way up to $4110-4120 or so, but if it does that, and can't surpass that level, it puts in a double top and still sets up a move lower. Really to rule out the possibility of going lower, we'd have to convincingly break $4120 and test it as support. I think the next 2-3 weeks will be positive risk. Then after that, I think towards the back half of November, there will be some catalyst that brings the markets lower (maybe elections, maybe something else?). If this plays out, I see price breaking the recent lows and finding support somewhere in the low $3k region. Either at $3360-$3288. Thats' where I'd want to be a buyer of risk for the mid-term (1-4 months). After that point, I think we'll see a decent rally in risk into Feb-March and that's where I'd want to be cautious again as I think we'll see one last leg down in equities that takes us below $3k. Good luck. Let's see how it all plays out.
SP:SPX
by benjihyam
4
The bullish scenario for SPXIn my last analysis, I presented a bearish scenario for the SPX. I was convinced that the index would drop because of the following reasons: 1: The price is falling within an hugh falling channel. 2: In that channel, the price recently made an rising wedge, which broke bearish, making it likely that the price will continue to fall down. 3: SPX broke the resistance zone, which was support at that time. We did see the falling down part. However, the price seems to be finding support at the mid level of the rising wedge. This begs the question: "Is the price actually bearish?" At least on the short term it seems like it isnt. I am intereseted to see wether the SPX can rise above the resistance zone, while breaking the resistance of the channel. For now, i'll stay short term bullish with a longer term bias to lower prices.
SP:SPX
by FetchTeam
SPX Model Trading Plans for WED. 01/04New Year - Same Old Range In Play In our trading plans published on Thursday, 12/22, we stated: "Our models reiterate range-bound trading while the index is within the broader 3810-3860 range on a daily close basis". In spite of a lot of spiky price action since then, the index is still within this range as of today, the second full trading session in the New Year. Our models indicate continued choppy trading while the index is within this range. Positional Trading Models: Our positional trading models are currently flat and indicate staying flat until otherwise indicated. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for WED. 01/04: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 3822, 3833, 3856, or 3862 with a 9-point trailing stop, and going short on a break below 3818, 3830, 3850, or 3858 with a 10-point trailing stop.  Models indicate long exits on a break below 3870, and short exits on a break above 3812. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:01 am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx #spx500 #spy #sp500 #esmini #indextrading #daytrading #models #tradingplans #outlook #economy #bear #yields #fomc #fed #newhigh #stocks #futures #inflation #powell #interestrates #rates #nfp #earnings #earningsseason #midterms #elections #cpi #fedpivot #shortsqueeze
SP:SPX
by TradersAIDotCom
Hot week for the SPX500 stock market!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ This week is full of events, there will be many indicators from the data, be prepared for volatility in the stock and cryptocurrency market! Key events this week: Wednesday, January 4th. -USA - ISM Manufacturing PMI (Dec) - 18:00 Moscow time -USA - The number of open vacancies in the labor market (Nov) - 18:00 Moscow time -USA - Publication of FOMC minutes - 22:00 Moscow time Thursday, January 5 -USA - Nonfarm Employment Change from ADP (Dec) - 16:15 MSK -USA - Initial Jobless Claims - 4:30 PM PT Friday, January 6 -US - Nonfarm Employment Change (Dec) - 16:30 GMT -USA - Unemployment Rate (Dec) - 16:30 Moscow time
FOREXCOM:SPX500Short
by DanilBlinkov
2
Selling SPX into current highs.US500 - Intraday - We look to Sell at 3895 (stop at 3945) Posted Mixed Daily results for the last 9 days. Intraday, and we are between bespoke support and resistance 3747-3895. Rallies continue to attract sellers. The medium term bias is neutral. Our profit targets will be 3747 and 3700 Resistance: 3895 / 4028 / 4140 Support: 3747 / 3700 / 3515 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDShort
by OANDA
1
S&P 500 Big Picture Update - Bearish ScenarioMany investors are already assuming a breakout from the upper trend line and thus a continuation of the uptrend. The economic sentiment is still bearish , many companies now have to bear the high capital and energy costs and many companies are still highly overvalued. Therefore, today we would like to introduce you to a bearish scenario that is likely to occur, the Double ZigZag . Structure of a Double ZigZag - Superior: (W) - (X) - (Y) - Subordinate: (ABC) - (ABC) - (ABC) - Subwaves: (12345 - ABC - 12345) - (ABC) - (12345 - ABC - 12345) Current situation If this scenario is correct, we would be in the last sub-wave ABC and now see the last downward movement as sub-wave 12345. This would complete the last subordinate (ABC) wave. This scenario would be confirmed if in the next few days/weeks the SPX initiates a trend reversal to the downside. We already see a weaker SPX struggling to pump above the yellow highlighted resistance. Even if we could make it above this, it would have to be retested first and thus hold above resistance. We now expect the SPX to either make another small breakout to the upside before correcting back down, or for the SPX to correct right away. Strongly changing market The market is very difficult to assess at the moment. Many economic news are affecting the markets very strongly, new political and economic changes are coming at a record pace and most investors are still afraid to lose money. Thus, this Double ZigZag scenario is one of several possible scenarios. We will post a bullish scenario in the next few days.
SP:SPXShort
by Consyder
1
ES1! SPX500USD 2023 JAN 01 ES1! SPX500USD 2023 JAN 01 Welcome us into 2023! May the year bring you much Prosperity! Market presented scenario (1) Short at rejection of 4094. Due to the limited movement, levels for the coming week will remain. Scenario Planning: 1) Short at rejection of 4094 / 3928 2) Long if previous channel + 3502 to 3580 becomes support (confluence) Weekly: Low vol down bar close about middle = No supply Daily: Low vol down bar close at high = No Supply Price reaction levels: Short = Test and Reject | Long = Test and Accept 4094 3928 3580 3502 3231 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
S&P500 Analysis 29.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
OANDA:SPX500USD
by basictradingtv
20