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US SPX 500

SPX what a day! Close above 4075SPXNow the next target is the ideal extension target 4119+- few points Ideally we get that number tested by the 5th and see 3750 filled EOM It was a panic cycle day and I did mention about it many times in my posts. One was done during my last night update together with the explanation. We got that a move in one direction above previous high or low, it was up the upside. Also mentioned that it was holding well during the day and huge calls activity. I did trade lotto SPY 408 Dec 1st calls, bought 20 at 6.5c on average, exited at 57 and most of it at 1.08-1.35, amazing lotto Also did few NQ calls, was restriking all afternoon taking profits on those in green, still have 2 running for tomorrow's am exit if not tonight Careful with being long here as the upside is limited and usually the FED day gets reversed by Fri, will it be the same this time, I dont know. There is a good short setup around 4120SPX level, no need to chase the market at this point if missed the long play today
SP:SPX
by RealTima
14
SPX Model Trading Plans for WED. 11/30: Post-Powell SpeechDue to the event risk of Powell's speech at 1:30pm EST, our Aggressive Intraday models do not indicate any trading plans for today. Our Positional Trading Models ended yesterday with an open long that was carried into the Powell's speech. Models indicate carrying the long into the overnight session, with the 36-point trailing stop intact. Also, models indicate an exit on a break below 3996. For the details of the trading plans published yesterday, see below: var tradingview_embed_options = {}; tradingview_embed_options.width = '400'; tradingview_embed_options.height = '250'; tradingview_embed_options.chart = 'sYrmWuMu'; new TradingView.chart(tradingview_embed_options); SPX Model Trading Plans for TUE. 11/29 by TradersAITradingPlans on TradingView.com
SP:SPX
by TradersAICorp
SPX pathway going into tomorrowIf the price will gap down from the open, I expect the price to hit low 39 hundred. The a rally into the FED speech, where more volatility is expected. All day today the price stopped at 10EMA on 1h, not a bullish sign Its a panic cycle day, a move, explanation below: - Given their abrupt or dramatic nature, panic cycles do not necessarily reflect changes in trend or a new high or low—they tend to align to short-term moves or temporary corrections. - A relatively fast, one-way price move, either exceeding a previous high or penetrating a previous low, but not both. My pathway for tomorrow is: - open (gap down) and test low 3900 - rally back to 3970-80SPX (important to hold on any test) - strong sell after Powell opens his mouth Im expecting bottom on Dec 1st. Also tomorrow can produce a very strong selling (if happens, then only after Powell speaking) and it should follow through into the next day. Ideally we retrace all the way to Oct 13th low, it will be a huge buy for a rally back to 3850+ at min by Dec 5-6th. The low is expected by Dec OPEX. The cycles might get inverted, so tomorrow's move will be important to determine a low or a high by Dec OPEX Tomorrow (again IF we start breaking down hard) must close below 3906SPX for a double reversal confirmation. That close will confirm the move down to test 3744-50SPX Resistance is at 3975-80, 4001-10.50, then gap fill and 4037-45SPX, closing above will produce a next target 4120SPX I might be tweeting my trades life tomorrow Have a good night
SP:SPX
by RealTima
4
es 11-28 update ~good evening, quick update to one of the two bear cases i posted over the weekend. (post pinned at the bottom of this thread). --- es1! has been tapping at the local golden zone quite a few times recently, each poke results in a weaker dip which continues to get absorbed (accumulation). there's no notable bearish divergence present for now, in fact, we printed a hidden bullish divergence near the end of today - which validates in my mind that we're going to go higher. --- >watching 3910 as a local bottom into wednesday, >which is a heavy area of demand + a window of algorithmic confluence. >upside target from there sits at the original 4130 level, >with a slight chance to expand to 4190 if things get heated into the end of this year (short squeeze). --- ps. it's also possible that we've topped, but i personally have reason to believe that we haven't (for now). --- posts which led to this one 👇
CME_MINI:ES1!
by notoriousbids
SPX pathway to close the CPI gap if the FED does not pivotI dont see the FED to pivot any time soon. It can be another Jackson Hall event which will start a new directional move. My ideal pathway is the low around Dec OPEX and high early Jan (might be the 200MA test) Must hold numbers on closing level for tomorrow are: - 3944.50-45 - 3906.50 Both are maj support zones. Second number fits the best with other trendlines align around 3906-14SPX level If the price will get a 4k test in am, it will be a perfect short for a move down to 3944SPX a min if not more. Both long and short setups are coming, be patient if not in a trade already, be patient if you're I gave you the levels to watch, feel free to use them for your own homework. Have a good night.
SP:SPXShort
by RealTima
6
SPX DailyThere is a potential H&S on longer time frame I mentioned before, noted on this chart as well Must hold support for the next week is at 3898-3920SPX. Has to hold on any test, otherwise the price will revisit the Oct 13th gap very quickly My ideal pathway is bottom on the 1st (I still see month of Nov close red at least compare to the previous month) and bounce into the 6th-7th high. If cycles gets inverted, then we should see the low tomorrow and high on the 1st, then it will be a first low on the 6-7th The best scenario for the EOM trade is we see low prices tomorrow am and bounce into 29th high. Then (after the 29th high) reversal down (strong) for the 1st of Dec low. 30th is showing up as a panic day on all indexes, so expect a strong move in direction of the 29th close. - The price might get the gap closed on the 29th (ideal pathway) and continue in a strong move down. Ideally its closes in direction down, it will be a good confirmation for the price going lower into the 1st low. - Ideal target is 3744-55SPX or Oct 13th gap close After the 1st low, it gets tricky. Its either makes a low on the 6th and up into the week of Dec 26th or, ideally a high and down into EOY. Jan seems to be the monthly low of this entire move down from the ATH, perfect 1 year celebration. Intraday low might not come till Mar or even May. Here is zoomed in chart link There is not much of a support below 3866 till 3744SPX, its the must hold Bear/Bull support for the next week. If looking for the extensions, I have resistance at - 4037 - 4045 - 4068-76 (main target) - 4118-20 (Maj resistance) Will be tweeting my other simple chart as can't attach it here. Im swing short and will use the next high to exit all the remaining protective longs I have. Have a great and profitable week everyone!
SP:SPX
by RealTima
2
SPX 4H Analysis📈Trade Idea📉 🟡 #S&P500 Index 4H ✍️We can have two trading scenarios for this index. Considering that S&P is in the Equilibrium range, it can move as a continuation movement (CP) to the supply ranges in the chart (Premium), of course, with the condition of penetrating and closing a four-hour high candlestick (PDH-PWH). In this case, consider two scenarios for trading. In the first scenario, you can use the supply ranges specified in the chart to activate sell orders. The second scenario is for traders who are looking for a long stop in this index, they can use the block order limits specified in the chart. For trading in these areas, you can place your trade as a limit by observing the stop loss. 🟢Minor Order Block >🟢3640$ -3684$ 🟢Major Order Block >🟢3740$ -3780$ 🔴Minor Order block >🔴4080$ - 4120$ 🔴Major Order Block> 🔴4165$-41250$ 📊Poc (Point of Control) : 3960$ ⚠️ Margin 1% For each position. ⚠️Use Tight StopLoss. ✍️Desert Eagle 📊Analysis Method SMART Money Concept + ICT+ Volume Profile (DYOR) 📆11.27.2022 ⚠️This Analysis will be Updated⚠️ 💸Good Luck Traders.
SP:SPXLong
by Trader_Needs
ES1! SPX500USD 2022 NOV 28 ES1! SPX500USD 2022 NOV 28 Little market participation due to Thanksgiving week. Possible Scenarios are considered: 1) If volume is thin, stay out 2) Temporary short if 4050 is rejected 3) Long if support comes in at 3928 / 4050 Weekly: ND up bar close off high = minor weakness Daily: UT + ND = weakness H4: Very high vol + narrow spread = weakness Price reaction levels: Short = Test and Reject | Long = Test and Accept 4050 3928 3751 3580 3502 3350 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
Spx500 Bear Case #2 [Primary]This is the second bear case, and it just so happens to be my primary scenario on the US Stock market . Just wanted to get the simple counts out of the way, before sharing this one. --- Using the expanding diagonal fractal for the first wave from ath, it's possible the spx500 is only in "wave a" on this local move up (of a larger a-b-c) this is currently the scenario i'm personally leaning towards. let me explain why: -lines up with my dxy projection. -insider buys, are about to flip insider sells. -retail short interest is at record high levels. -retail is usually wrong. -so how do we get retail out, while still dropping the market? 1 word. chop. ------ If the market chops for another 3-6+ months, every last bear standing will get absolutely rekt. And only after-which, once the short interest disappears, and the last put expires worthless- will the markets see the final cataclysmic collapse. --------- Stay safe, and don't go into a trade without a plan. 🔺 Ps. i recently called the expanding diagonal fractal out, and it ended up front running my target, which was kinda unexpected. I understand why it did as of now, and it was an important lesson for the future. check out that post via: 🔺
CME_MINI:ES1!
by notoriousbids
S&P 500 Index UpdateAt the request of one of our great followers, I am sharing an update on the SPX. I hope you enjoy/like it @TheKitchenTrader Ok, let's get started. This is an easy chart to read but we cannot predict yet, I will still give you my view and some projections. The first thing to keep in mind is our long-term view/perspective. The market is not done with its mayor bearish cycle. You can see it in full here: 25 Trade Ideas Predicting The SPX Crash | Where Is The Bottom? We can see a major downtrend. Ever since January 2022 wee see the SPX going lower. Any recovery can be explained as simple corrections. We see lower lows and lower highs. At the same time we see two major rejections on the MA200 indicator in April and August 2022. As we continue with the current corrective move, the SPX is about to face both, the major down-trendline as well as MA200. With the feds still set to raise interest rates, we can expect another rejection which would signal lower prices. CHANGE If the SPX can move and close above 4220 the bulls can gain control of the chart. The upward correction can be extended above MA200/down-trendline and then the drop resumed. The only thing that can save us now is some good news (positive fundetamental development)... Which we have none. We are still short mid- to long-term. Short-term we have a clear bullish bias... With its caveat explained above. Thank you for reading. Namaste.
SP:SPX
by MasterAnanda
2
SPX gapped up in am and retested the trendline from the topSPX gaped up in am and retested the broken trendline from the top, a perfect long for those who traded my call from last night. I did warn that this can test 4007SPX, its getting close to it. Did few long trades in am, not touching this till tomorrow. FED should be a perfect catalysis for the top. If the price will hold 3946-49SPX tomorrow instead of making a new high and crap, then I would be looking for another extension to 4068 with holiday volume by the 28th high. From where I do expect a strong move down into Dec 1st low. Dec 1st low should produce a good long opportunity and ideally it will hit 3744-50SPX. Should see an easy 150 points into Dec 6th if not more. The setup is coming and its tomorrow. I will be on most of the day and will tweet my trades life.
SP:SPX
by RealTima
6