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SPX Futures.. The way Markets Fall and RiseHey Guys, I covered this earlier but you must be aware of how markets fall and rise and why and how you must act to be a profitable trader. 1. Do not Race in. If you flick back in time to any fall In Similar markets (or the SPX only) you can see how it trickles down over time. This is because former levels must be broken. 2. Gauge market value. Do not buy Highs and do not sell lows. Just be patience and trade moves. 3. Trade in stages; Linking back to point 1 the markets will fall often in stages giving you the chance to buy and sell over time. And most importantly CHECK what is going on in the world. It just helps a little to know how far into the woods the global economy is and how long its likely to take to get out! Important Rules. Be prepared ALWAYS! Look lower to 3400 and circa 3200 for Future longs. IF we get there. If we do not you shall lose nothing.
SP:SPX
by WillSebastian
14
Trading With The Future In Mind.. (Make Better Decisions)There's nothing I enjoy more than telling people hey, Take a Trade Here Or There. That's because it means they are being WISE to what is required to enter and exit the market repeatedly for profit. This does not require a Genius. This doesn't require you to be a millionaire.. It just requires KNOWLEDGE so you can gain power over the Market. This knowledge is about TWO things mainly: What is an accurate Price point for Entry/Exit and Why? What is appropriate Risk Wise for that Price Point? Whether you are Trading Today, Tomorrow or Next Month you will need to be able to answer those questions at any time (preferably with your eyes Closed). After all, Markets play out OVER time and not all at once, so you are going to need to plan. If you do not trade with a plan and you are buying and selling randomly like a lunatic, it hurts, because you have no reason behind what you are doing. Trades must make sense to you and you must be comfortable with your entries and exits. If you aren't comfortable, its likely you have no plan. Anyhow lets chat about it!
CME_MINI:ES1!
by WillSebastian
SPX Expected to Breakout Towards 4445Trend Analysis The main view of this trade idea is on the 15-Min Chart. The stock index SPX is currently in a symmetrical triangle pattern setup, where the downward and upward trend lines intersect. Expectations are for SPX to breakout of this chart pattern setup higher, targeting 4445 in the short term. If the setup fails, SPX will decline towards 4418. Technical Indicators Currently SPX is above its 50-SMA and its fractal moving average. The Directional Movement Indicator (DMI) is also in a positive zone. This supports the view of an upward price movement in SPX. Recommendation The recommendation will be to go long at market. Stop loss will be set around the 4418 price level and a target of 4445. This produces a risk-reward ratio of 1.55. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in SPX.
OANDA:SPX500USDLong
by Ceddy86
1
Is A Pullback Due Or Are We Shooting Up Into The Unknown?This pair did a nice swing buy for the entire week last time. But, according to the daily, we may be running out of a little steam just for a bit. I saw that we wicked out at the daily level, so we may be due for a pullback coming down to the monthly area around 3897.3. That will retest the last higher high and then create a continuation up if respected. If it busts through the monthly. I'll ride it down to the daily area around 3788.3 to see if it'll try for another bull run from there. As you can see, my BULL TP went into unknown territory. That's what I'm looking forward to in the long run. But let's focus on what'll happen this week first. BULL TPs: • 3960.4 • 3979.5 • 4032.8 BEAR TPs: • 3901.3 • 3870.8 • 3851.8 • 3788.3
OANDA:SPX500USD
by NikaJourney
1
Sorry bears, I'm still not convinced at all.Hello traders and investors! Ok, so SPX is struggling a lot lately, but the bulls managed to keep the prices up, above 61.8% fib retracement, but not by much – is still dangerously close. I find interesting that the last candles look so small, but that’s an illusion , caused by the huge volatility during the Covid-19 crash, with its big candles. That’s why is always nice to look at the hourly chart: Ok, there’s a gap and the price is trapped inside a congestion between the support zone and the pink line. The bulls are almost winning here, since they are breaking out this pink line and found support at the 21 ema (again). On the other hand, maybe is doing a Head and Shoulders here, with a very small shoulder, but I don’t know, I need more confirmation. If triggered, I’ll baptize this pattern as “Mutant H&S” – my idea, no stealing. In any case, there’s no reason to buy SPX now, but I don’t see a reason to short either, only if you like fast trades, with a target at the black line, or the gap, but you guys already know this is not my style. And I prefer to buy VIX instead of short SPX, it fits better to my plans. So, no, I won’t short SPX, and I don’t think is interesting to do it right now. And, since you’ve read so far, I think you found this analysis at least interesting, even if you disagree . In this case I invite to follow me to keep in touch, at some point we will agree at something and maybe we will learn with each other! Leave a comment, I always read and respond everyone. I have my portfolio, and some of my trades I published here (three of them exactly), like the one I did on AAPL, XP INC, and LB (the last two I’m still in! Almost a month now!). Check the links below if you want to understand a little better about my trading style. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
21
Oh-oh, here's the BEARS again!Hello guys! So, SPX it’s trapped within this sideway trend since April 29, and today it failed again in breaking out of it. You guys know that I think this bull trend is just FOMO, but let’s try to find out some sense of it. Yes, today's candle throws a bucket of cold water at the bulls. Maybe it’s a triple top here, but we need the confirmation tomorrow, and SPX failed in closing above the 61.8% fib retracement, which I said in my last analysis it was a very important thing to do, otherwise there will be people wondering if it’s a triple top, just like me right now . If you missed my last analysis, the link to it is below. But let’s see the hourly chart, because there’re some interesting clues there: Maybe, what the bulls really need is a pullback here to gather the strength they need to officially breakout from this sideway trend, and the best way to do this is through a pivot. Also, if you are still here you must be finding what I’m saying here at least a little interesting, right? So, support this idea, and remember to follow me to keep updated about my trades and analyses, I’m everyday here, and I’m sure you’ll find something useful to you. Now, let’s look at the weekly chart: See why the bulls should react quickly? We are under a fib retracement and near the 21 ema at the weekly chart, if a pullback would be made, it’s easy to imagine SPX back to the 38.2% fib retracement again. Let’s see how things will work out for SPX! Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
11
SPX ( S&P 500 ) risk investors on or off trade.Here is another trading Snack. Ever sense the stock market pushed to it last all-time-high, followed by risk off fears of the pandemic, we’ve only challenged the re trace move bacK to the 61.8 Fib level and now are grinding around. With zero or close to zero rates in most of the world, money managers who for the most part have only seen for the last 11 years a by the dip strategy, now are managing from the point of stocks are the only real game in town. This kind of mind set only feeds the fire of a grinding market till the next great big head line. To some degree investors are also looking towards the nation reopening up after the virus appears to be under control from spreading farther. But what will the effects of the nation closing the economy have on future outlooks and business planing? Most of the virus number that will effect investor short sided views aren’t in the mix yet. Mostly those numbers just started to show up, or in some headlines are the best guesses of our investor gurus in our present times. Buffet one of the greatest investors said the other day, now is not the time to buy! In fact his investment firm has been actively selling and raising cash levels. So what is the trade? In my opinion ask yourself what is the driving force in pushing stocks higher over the 61.8 level and then challenge those all-time-highs again? If you can not find a reasonable driver to that possibility, then the higher probability trade is sell the rallies.
SP:SPXShort
by PipsTradingClub
That's a SCAR on a BEAR'S FACE!So, the bulls are fighting hard this time! Since Apr 20 SPX is moving sideways it could be an accumulation or distribution, we don’t know for sure yet , so let’s try to find out! But first remember to follow me if you are new here, I post daily analyses and you are welcome to join our community! Also, follow me on TWITTER , because there I post things I can’t post here, and I’m sure you’ll find something interesting. Just check it for yourself! Now, back to SPX, it did a double top under the 61.8% fib retracement, a strong bearish sign, but now it frustrates the bears by triggering this Piercing Line today, just when it hit the “support zone”, and closed above the 21 ema. And I’ll not start talking about the bear traps it did recently, which fortunately we avoided (links below). Now, let’s see the hourly chart as usual, there’re some interesting clues there: As I said in my last analysis, I was expecting SPX would find the 21 ema a resistance, and it did, but so briefly that the bears didn’t stand a chance. Now I’ll tell you my honest opinion, if the price does a very nice bearish pattern close to the purple trendline, then I’ll believe the bears are here. You guys already know that I wouldn’t short SPX in this scenario, I’ll buy VIX instead, but this would be the confirmation I need. But, until then, it’s still a bull trend. Yes, it lost its strength when it lost the purple trendline, but the chart is still pointing up, and today’s candle confirms this. Now, let’s see the weekly chart: Now, there’re reasons for the bears show up here! This week’s candle can be a Harami under a fib retracement, but this long shadow is something to notice. The bears tried to push the bulls down, but they managed to push them all the way back. This shadow in this week’s candle is the scar of a lost battle, a scar on a bear’s face . If the price lost this shadow next week, we can think about SPX hitting the 38.2% fib retracement. But, until then, the bulls are winning this war. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
8
I told you to NOT short SPX.Now SPX did a Bearish Engulf under a Fibonacci Retracement and it could trigger a double top. There’re a lot of bearish signs here, but as I said in my last analysis, it’s not worth short SPX . The link to my last analysis is below, in case you missed it, and I invite you to follow me to keep in touch with my trades and analysis, I do daily analyses here. In my opinion is much more interesting buy VIX instead of short SPX, and today’s movement is a testament of my view. While SPX dropped about 2%, VIX raised almost 20% today , a much more interesting trade to do, with a fair Risk/Reward ratio. Just take a look at the VIX chart: Much more interesting, right? Today closed above that black line, which negates the bearish pivot VIX did. Of course, there’re reason to be worried here, especially if we look at the SPX hourly chart: It seems it did a pullback to that purple trendline (again), that’s why we need more confirmation here, and it’s because we are cautious we avoided 2 beartraps recently (again, link to these analyses below). To summarize, SPX is in a very decisive moment right now, and we’ll see tomorrow who will win this fight, the bulls or the bears. Check my previous analyses below and remember to follow me and part of our community . Also, leave a comment! Do you agree? Disagree? You are welcome to comment your ideas. Trade well. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
19
S&P on a bearish short term outlook.S&P has crossed below the long term channel up for the first time since it started in October. Levels to watch: - The Resistance is at 3340 while the Support (short term) at 3235. - The price not only crossed the ascending support of the channel up but also the MA200 on the 4H chart. In fact it crossed it twice in 3 days, which is something we haven't seen for a long time. - The MA50 (4H chart) has rejected yesterday's bullish attempt and may turn into a resistance. Projection: - This is a mix of the strongest bearish outlook since last October. The MA50 (as a resistance) and the MA200 (as a support) are converging dangerously and may form the first Death Cross since October. With the coronavirus threat growing, if the 3235 short term support breaks, we expect a strong sell-off towards the 3070 long term support. Only a break above 3340 restores the bullish sentiment back to the market, as so far every rise is getting sold. If you like this idea give us a like, follow and share your thoughts in the comments section below. Remember to stay tuned for future technical analysis , news, updates, and more from PrimeXBT!
OANDA:SPX500USDShort
by UnknownUnicorn3931771
3