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US SPX 500

spx 9-14 update ~good morning, es ended up rejecting my 4170 level almost to the penny yesterday. pretty nice move down, but not really big enough for the bears to take back control. --- im going to be looking for a grindy suckers rally over the next few days, before another flush comes and takes es down to about 3750. from there i'm theorizing that spx will squeeze to 4500 into late november \ early december. this rally will be mostly short squeezes, and theta bang - to eliminate as many bearish positions as possible (before the real drop comes). ✌
CME_MINI:ES1!
by notoriousbids
14
SPX quick updateI want quickly update the SPX chart. 2 scenarios: 1 - we gap down tomorrow 2 - we hold the lows and go up in am First scenario: Support is at 3885-86SPX And nothing till 3800-20 I would be looking for 3775 and ideally 3680 as the main targets before or buy 20-21st. Second scenario is we see 3970-85SPX tomorrow and sell off into above outlined numbers by 20-21st. Or we make a higher low and stretch to 4152-55 and ideally above 4200+ to a potential 4295-4300 by same 20-21st. 4145-60 is a very strong resistance! So all eyes are on the overnight or pre-market action. Breaking today's lows will be bearish and we closed below my 3955 and especially 3935SPX today, so I favour a gap down in this case. Holding 3885-86 level tomorrow am, will be a good sign for a potential reversal, below is air till 3800-20SPX I have positions on both sides and I personally would love to see an extension up into 4155 and even 4295SPX zone before the real crash happens. Looking for lower levels regardless of the price and ideally we wont get there in one straight line. Im looking for a low in Oct and that low should be a good buying opportunity going into EOY Have a good night P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPX
by RealTima
42
SPX MACD hook formation - warned Monday amI did warn about this possible outcome early Monday am All we need is to gap down tomorrow (which has a high probability now as we closed below 3955 and especially 3935) Then the downside targets will be 3775 and even 3680. It can even stretch to 3450 if Jun lows are broken. Only a gap up tomorrow can save from this pathway for now. Dont pay attention to the chart, but the MACD P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPX
by RealTima
13
SPX faile to even touch 4k zone - 3955SPX is nextSo far so good for lower levels - 3945-55 must hold and I think it will not go lower today. If we close at the lows, there is a potential of gaping down below 3935 tomorrow, which will make 3885 next target. Main target on the downside to hold is 3800-20 as a must hold on any test. Below 3800 we will see 3720 and 3635-40!!! Watching the close, riding short from 3992SPX P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPXShort
by RealTima
16
spx300it was last july when i first made a warning about what was to come, and the market rallied a bit higher than i originally expected, but ended up breaking down as hard as i had originally discussed. you can see that post over here: ---- a lot of people are extremely bearish right now, not just retail either, institutional traders are on the bear side as well. though, i have this feeling that the market will expand in time to eliminate a lot of the short positions before it makes the final plummet into the 3000 region. end of november \ beginning of december, i expect a top to be made, and it won't be until may 2023 where a bottom will be created, based on my primary calculation. ---- trade safe!
CME_MINI:ES1!
by notoriousbids
1
SPX can extend to a higher high before the 21st or fail hardIts all about 4125-35, 4150-60 and 4202SPX now. All 3 are resistance levels! Support is at 4085-90 and 4025, below it we should see 3955SPX Im not sure about the exact pathway, so my game plan is to short 4145-60 and 4202 zone. If we breakout I will flip for a trip back to 4285-92 and even over 4300SPX Please note, that this can even extend to 4425 just to screw everyone out on both sides and then sell hard. So regardless of the situation, I will be short (if we make a new high) or long (if we make a higher low) on the 20-21st or before the FOMC. Ideally we spike up to 4125-35 and even 4145-60SPX tomorrow and sell off into Fri OPEX low. That low should produce a good setup for a few days rally before the FOMC decision on the 21st. One certain thing is that the Oct low should provide a good buy and hold setup going into EOY high. Ideally we make a new low in Oct and then higher low in Nov (before the Midterms) and then off we go together with Santa. Jan (in case of the above scenario) should mark the high and then we should see lows in Apr. Levels of importance tomorrow: - 4145 - 4160-62 Closing above those levels will get us back to 4195-4205SPX by Fri. Im going to short tomorrow's gap for the crap scenario. Ideally we hit 4125-35 or even 4145-60 in am and crap from there. Have a good night P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPX
by RealTima
7
SP500 entering sell zone. 1:3 R:R sell tradeLast week I said that SP500 is drawing a nasty picture and although we can have a rebound from the recent ascending trend line, this will not change the longer-term bearish perspective. Indeed, we had this rebound and now the SP500 index is trading in a very strong sell zone that is set between 4100 and 4200. In my opinion, a reversal to the downside will follow from this zone and traders should look for selling opportunities. This outlook is intact as long as the price is under 4300 and bears can target the previous low for their sell short trades.
VANTAGE:SP500Short
by Mihai_Iacob
17
SPX possible pathway to min 3720 and ideal 3450!I want to present a very possible pathway in case MACD will make a hook like turn, which is very bearish! I saw this many times, when everyone is cheering bullish and looking for that golden cross and all they get is a the hook formation (zoomed in and outlined at the bottom of the chart) So far MACD is still way below 0, RSI is at 50 level and could make a lower high. We have touched 50% today and one more push to 4150 zone for 61.8 (see the retracement fibs on the chart) is what I would expect to hold for that MACD hook formation. - 4090 is the support now, - 4125-35, 4145 and 4160 resistance So stay alert, have stops if trading on the long side! BTW all the pink lines are the unfilled gaps P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPX
by RealTima
12
SPX is very close to my first target outlined for a while nowI missed most of the day, Im waiting for my 4125-35 test to short and exit some longs I have running since last week (those were under the water at some point, now nicely in green) Want to see some pullback into the close and then spike up tomorrow to hit the target zone for a fakeout move. High tomorrow and low on the 16th, then we should rally to 4200 and even 4285-91SPX by or before 21st FOMC meeting 4085 is now support! This chart is from 6th of Sep P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPX
by RealTima
2
ES1! SPX500USD 2022 SEP 12 Week ES1! SPX500USD 2022 SEP 12 Week Last week's 3903 support provided fruitful long. We have an engulfing bullish weekly bar. Possibility of continued upward momentum, for long preference. Possible Scenarios are considered: 1) Long if 4010 / 4095 is supported 2) Short on trend channel rejection / rejection at 4095 / 4010 Weekly: Ave vol up bar (engulfing bullish) = strength Daily: Ave vol up bar close off high = minor weakness H4: High vol bar + low vol UT bar = weakenss Price reaction levels: Short = Test and Reject | Long = Test and Accept 4303 4204 4029 3903 3743 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677