Get started

Standardandpoor500

3200 are coming! The fear of a new corona wave swept through Wall Street on Monday, and the S&P500 fell back to levels from early August. The downward trend that has been going on for weeks since the high in the 3600-point range is thus continuing and reached our target zone. However, further turbulence must still be taken into consideration. On the one hand, expectations regarding the resilience of the US economy are partially too high. On the other hand, the risks posed by the turmoil through the upcoming presidential election in early November are often underestimated. Further, the dispute over the successor to the late Constitutional Court judge Ruth Bader Ginsburg (aka Notorious RBG) could occupy the Senate so much that an agreement on a new economic stimulus program that has long been hoped for could be delayed for weeks. Even though the Market reached the first target box, a lower level in the 3200 points range still needs to be expected before the S&P500 climbs back up. In both scenarios, we anticipate a bounce to at least 3440 points. Should the bulls not push through the resistance between 3434 – 3501 points, significantly lower quotations in the range of 2800 points become the next target. In summary, we expect the S&P500 to bounce back toward 3430 points. Should the bulls not push through 3434 – 3501 points, a significant downward move towards 2800 points must be anticipated, bevor the decline since the highs is completed. What do you think? Are you a buyer or a seller? Feel free to share your work and let us know in the comments section! Wishing you all successful trades.
OANDA:SPX500USDShort
by MarketIntel
S&P 500 - Republican vs Democrat Win PredictionWith the US elections on the way, here is my predicted outcome by EOY for where S&P 500 is headed. The assumptions proposed are based on a combined historical analysis of presidential elections, along with the oddities of the current "circus" of a market. This analysis has NO bias sentiment leaning toward either party, an is strictly based on historic trends of election years and election party switch years. Note: This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation.
TVC:SPX
by ZephyrFinance
SnP500 Update. Where the heck is this train rocketing to? SPXThought I'd give you guys an update on SPX. Look, I don't think we are at the end of the train ride here. Choo-Choo! This appears to me as a beginning of Wave 4 of 5, meaning that there is one more impulse at least before the roller coaster ends. RSI with no daily, weekly divergences. Fear and Greed Index is greedy but not extremely so. Now targets are fib trend extensions. The two targets are in ?dark blue/green. Invalidation in red. Expecting to reach either target at the two ?purple verticals. Let's see what Monday has in store for us.
SP:SPXLong
by Rykin_Capital
4
S&P-500 #SPX(possibility 1) The United States will again be open to the market, the need for large investors to buy at a low price must be accompanied by an increase in the absorption of purchase contracts, which is why I calculate a high value in volume ( contracts negotiated) (possibility 2) The United States is even more affected by the exponential increase in coronavirus rates, the decrease in consumption, even more unemployment and the hiring of the productive sector, which leads to a lack of interest in the market and a collapse towards the Fibonacci level , NASX is in a price correction zone between (Fibonacci level 0.78; 0.618) that must be validated with a rejection of the zone for the analysis to be "valid".
OANDA:SPX500USD
by franco_GCh
US Markets Testing Previous Highs Normal Economic Sentiment:The following below remains, however S&P and DJI are testing the previous high. If these markets break this I’ve added a safety point on which I will deem these market have revered from the cover turmoil and it’s ‘business at usual’, the FED will most probably still have that money printer going Brrrrrrrrrrrrrrrrrrrrr though… VERY BEARISH if the following transpires before breaking the above safety points: S&P: If P action closes below the orange line at 2723.3 attention will turn more bearish and watch for market to fall to 2460.2. In this instance will reassess market dynamics as it may bounce in this range or continue to fall Dow: The same flows for Dow Jones with P action closes below the orange line at 22931.5 attention will turn more bearish and watch for market to fall to 20842.4. In this instance will reassess market dynamics as it may bounce in this range or continue to fall If markets stay above these initial levels for the next 3 months (i’ll be surprised) however this will look like economies are back in order from COVID-19 and running ‘normal economics’
TVC:SPX
by LandenInternational