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S&P500 Over the 1day MA50 but short term sell opportunityThe S&P500 index / US500 broke and closed over the 1day MA50 on Friday, for the first time in almost 2 months. Even though it is a major long term bullish development, we see a short term sell opportunity as the 1day RSI is reversing, signalling a loss of strength on the 5 day rally. The long term pattern remains a Bearish Megaphone, so such minor technical correction is justified. Sell and target 4270 (Fibonacci 0.382, a level always reached inside the Megaphone's corrections). Follow us, like the idea and leave a comment below!!
CAPITALCOM:US500Short
by TheCryptagon
A Traders’ Weekly Playbook: risk fires up with shorts crushed We knew it was an event heavy week and that extreme fear was priced into risky assets, but the ensuing moves across markets were prolific. The question for this week is whether to chase, to buy weakness within the ST trend or to counter. The fact we saw US 10-year Treasuries drop 26bp on the week to 4.57%, with 10-year real rates -23bp to 2.17%, catching a market positioned heavily short. As buyers covered and even reversed in US Treasury exposures, the pressure valve was released on the equity market, where the result was the biggest weekly gain in the US500 (+5.9%) of the year, reclaiming the 50-day MA. High short interest stocks went on a blistering run. The NAS100 had its best weekly gain since January and price eyes trend resistance at 15,181. The VIX index was crushed 6.4 vols to 14.9%, while High Yield credit spreads tightened 39bp. The market has certainly questioned the US exceptionalism story, which had resulted in so much capital flowing into USDs. While the US Treasury Department’s preference to skew upcoming bond issuance to shorter tenors helped flatten the US 2s v 10s yield curve, we also saw a clear cooling in the US nonfarm payrolls report, marrying with a weaker ISM manufacturing and services, and consumer confidence report. A weaker USD has helped risk FX implied volatility trades to the lowest levels since 2022, and we saw the USD universally shunned, losing 1.4% w/w, with high beta FX (CLP, COP, MXN, NZD, AUD) all putting on a show and seeing some huge gains. GBPUSD stopped short of 1.2400, with EURUSD eyeing 1.0750. Positioning has played a big part in the moves, with both bond and equity shorts covering hard, and risk hedges being unwound, amid a dusting of aggressive organic longs being put on. With a decent amount of the re-positioning out of the way, while a cooling of data is acceptable, if the economics darkens there will be a tipping point where it negatively impact sentiment and we’ll likely see equity and bond rally concurrently. The fact that SOFR rates futures priced an additional 20bp of cuts for 2024 (to price 106bp of cuts) highlights the markets vision of slowing economic trends. Debating when the first rate cut comes from the Fed is all the rage again – where the market prices this action at the May FOMC meeting. Look for US mega-cap tech to work well if this theme gets traction. The week ahead As we look ahead at the new week, we see the event risk is on the light side, so we may see the market pause for breath. With 17 different Fed speakers, including Chair Powell, due to speak this week we may see some modest push-back on easier financial conditions and that may unsettle risk. My preference is to buy weakness in equity and risk FX, as it feels like the rally in long-end US Treasuries has been a tad too powerful. An open mind is always essential. Out of the US data and central bank chatter, the RBA meeting, China data and data flow from the LATAM region will garner interest. Trades I like - short NOKSEK, USDCLP, EURAUD, EURCHF (into 0.9670) and US crude. On the long side AUDCAD, coffee and GBPCAD. Key event risk for traders to navigate: RBA meeting (Tuesday 14:30 AEDT) – the meeting offers a clear risk for both AUD and AUS200 exposures. While economists are largely on the same page with a 25bp hike, the rates market prices a hike at 60%, with a total of 43bp of hikes priced to peak rate in June 2024. The base case is for a 25bp hike, but it certainly wouldn’t be a complete shock to see them on hold. AUDUSD looks constructive for 0.6600, however, I also like short EURAUD trades for a swing move to 1.6250. RBA Statement on Monetary Policy (Friday 11:30 AEDT) – the RBA will release its new economic projections, with core CPI likely to be revised up 40bp for Dec 23 to 4.4%, and headline CPI to 4.5%. We should still see the RBA getting back to the 2-3% inflation target range by Dec 2025. Unemployment should be revised lower, while GDP assumptions revised modestly higher in the years out. China trade balance (Tuesday – no set time) – The market consensus is for a further improvement in the pace of decline with imports to come in -4.5% and exports at -2.9%. China CPI/PPI (Wed 12:30 AEDT) – the market looks for CPI to print -0.2% and PPI -2.8% (-2.5%). Unlikely to be a major event risk, with USDCNH driven by the USD. UK Q3 GDP (Friday 18:00 AEDT) – the consensus is for -0.1% qoq / 0.5% yoy, which are hardly inspiring growth numbers. While GDP is old news, the data could still influence the GBP given how sensitive traders are to growth metrics. Positioning shows a market heavily short of GBP, notably real money accounts who hold an extensive net short exposure. Leverage funds (mostly hedge funds) hold a decent short exposure too and have built on it over the week. Mexico CPI (Wed 23:00 AEDT) – The consensus estimate is for headline CPI to come in at 4.28% yoy and core CPI at 5.5% yoy (from 5.76%). With the market pricing the first rate cut in the March to May period it would take a very weak CPI print to rush that pricing forward. Still, with Banxico wanting to see greater disinflation before easing, this is a risk for MXN traders’ exposures. Banxico (Mexico) meeting (Friday 06:00 AEDT) – we should almost certainly see interest rates on hold at 11.25%. The bank’s outlook and guidance are where we could see the volatility in MXN. Chile CPI (Wed 22:00 AEDT) – the consensus is that we see CPI inflation at 0.6% mom and 5.1% yoy (unchanged). After cutting by a smaller-than-expected 50bp in the October meeting, and halting its USD purchases we’ve seen a breathtaking rally in the CLP (Chilean peso). While the market expects another 50bp cut in the Dec BCCh meeting, the CLP will take its direction from broad risk sentiment in markets and the CPI print may have a short-lived impact. I like USDCLP further lower. Key corporate earnings – FY earnings from WBC (6 Nov) & NAB (9 Nov) Central bank speakers BoE - Huw Pill (7 Nov at 04:00 AEDT & 9 Nov 19:30 AEDT), Gov Bailey (8 Nov 20:30 AEDT) ECB – Lane (8 Nov 19:45 AEDT & 9 Nov 19:10 AEDT), President Lagarde (10 Nov 04:30 AEDT) Fed – Chair Powell (10 Nov 06:00 AEDT)
PEPPERSTONE:NAS100Long
by Pepperstone
US500- Keylevels - DailySpectacular comeback for us500, but now let's see what will happen next week. It seems that it manages to close both the week and the day well and thus leaves room for another climb up to the area of 4398-4400. Here we have an ultimate test for buyers, let's see if they want to leave and collect the profits or if they will still stay in the game. Buyers must show strength at that level as well. As I see the price action, I would like to see a rejection from 4400, followed by a retest of the support from where to take new liquidity and where I will also be a buyer.
CAPITALCOM:US500Long
by sfc95
S&P500: This is the strongest rally of the year!S&P500 hit our TP = 4,315 (see chart at the bottom) even earlier than we expected and finally turned bullish on its 1D technical outlook (RSI = 56.977, MACD = -34.150, ADX = 40.157). In the process, it broke above the 1D MA50 for the first time since September 15th. The wider pattern is a Channel Down now. If the price gets rejected inside the pattern. e.g the R1 level (4,400), we will buy on the pullback to the 1D MA200 and the 0.5 Fibonacci level at 4,270. If it crosses over the top of the Channel Down, we will buy on the next 1D MA50 pullback. In both events, the target is the R3 level (TP = 4,600). See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500
by InvestingScope
"Higher for longer" to stay with usDuring yesterday’s FOMC press conference, Jerome Powell outlined the resiliency of the U.S. economy and labor market. In addition to that, the chairman reiterated the FED’s commitment to fighting inflation and bringing it to the goal of 2%. However, when asked whether the FED is confident about financial conditions being restrictive enough to finish the fight, the chairman answered that they are not confident about this fact and that more rate hikes might be on the table. Furthermore, Powell explained that all the effects of cumulative tightening had not been felt yet, allowing them to pause rate hikes and reassess the situation based on the upcoming data. With that said, we expect the policy of high-interest rates to continue to exert pressure on the economy, slowing it down. Plus, we disagree with FED’s outlook for no recession in 2024. Technical analysis gauge Daily time frame = Bearish Weekly time frame = Bearish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
SP:SPXShort
by Tradersweekly
15
SPX500 to continue in the rally?US500 - Intraday Price action has formed an expanding wedge formation. The formation has a measured move target of 4540. The trend of lower highs is located at 4323. Bespoke resistance is located at 4331. A break of 4340 is needed to confirm follow through bullish momentum. Economic figures could adversley affect the short term technical picture. We look to Buy a break of 4340 (stop at 4300) Our profit targets will be 4440 and 4460 Resistance: 4323 / 4331 / 4380 Support: 4269 / 4190 / 4187 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
📊 Indices Showdown: NASDAQ & S&P 500 at Critical Levels 🎲Hey Indices Traders! 🙌 The stock market is on the edge, and it's time to strategize. 🤔 📉 NASDAQ: Sitting at a major resistance of 14,646. Today's opening is a game-changer. Will it rebound or plummet? 🎢 📊 S&P 500: We've been short and it's paying off. The U.S. market opening is the moment of truth. It's a coin flip right now. 🪙 🤷‍♂️ Why Not Bitcoin?: While indices have their place, let's not forget Bitcoin—the smartphone to indices' feature phone. It's the asset of the future. 📱📞 🌍 Global Factors: With the Middle East situation, expect some volatility. Keep your options open. 🌐 🔮 Outlook: Indices are at a crossroads. Keep your eyes peeled and be ready to pivot. 🔄 That's the quick rundown! Stay alert and keep those charts up. 📈 One Love, The FXPROFESSOR 💙
CME_MINI:ES1!
by FX_Professor
Time for a slight rebound?The S&P 500 Index bounced off the support near $4,103 on Friday. Then, today, the futures market opened up about 0.5%, bringing the index closer to $4,140 (by the way, on Friday, the futures market also opened up by approximately the same amount). Now, we will observe whether the index will overtake its Friday high; if yes, it will bolster the odds of a rebound in the short term (potentially up to somewhere between $4,200 and $4,300). For more clues about the rebound, we will also watch the Chinese stock market as we expect it to go through the relief ahead of the U.S. stocks (as a matter of fact, SSE has already been trending up in the last week, with HSI somewhat lagging). However, if SPX fails to take out its Friday high, accompanied by a spike in the VIX, it will alert us to more downside. The list of some of the corporations reporting their earnings this week: - Advanced Micro Devices NASDAQ:AMD - Airbnb NASDAQ:ABNB - Apple NASDAQ:AAPL - Caterpillar NYSE:CAT - CVS Health Corp. NYSE:CVS - HSBC Holdings NYSE:HSBC - McDonalds NYSE:MCD - Pfizer NYSE:PFE - Pinterest NYSE:PINS - Shopify NYSE:SHOP - Stellantis N.V. NYSE:STLA Technical analysis gauge Daily time frame = Bearish Weekly time frame = Bearish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
SP:SPX
by Tradersweekly
4
S&P500 This trend-line separates bull from more pain.The S&P500 index had a green session yesterday as the price made a Lower Low at the bottom of the Channel Down and seems to be rebounding. Technically that is the bullish leg towards the new Lower High, with the previous being priced on the 1D MA50 (blue trend-line). This Channel Down however, on a 1D RSI basis as well, resembles the August - October 2022 pattern. Both corrections have almost 1 year between them. If the long-term structure that connects them is a Channel Up, then there is more selling ahead, with the potential Support/ long-term Accumulation level being on the 1W MA200 (red trend-line). In October 2022, that level was continuously tested for 2 weeks in a row and held. The bottom of that Channel Down was confirmed after the 4H MA150 (green trend-line) broke to the upside. As a result, a fair guess would be to buy if a break-out above the 4H MA150 (now at 4275) takes place again. If it does, we will buy again and target the standard +20% medium-term rise within this 12 month span (happened 3 times) aiming at 4930 (would make a new All Time High). If the index stays below the 4H MA150, we will wait until the price bounces off the 1W MA200 and buy with 4740 as the target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500
by TradingShot
1
S&P500 Channel Down bottom buy opportunity.The S&P500 index reached on Friday the bottom of the 3 month Channel Down and today's big (1d) green candles shows us that the Lower Low is most likely priced. Technically this is the most ideal buy entry for a rise towards the top of the pattern. Every top/ Lower High reached at least the 0.618 Fibonacci retracement level. Trading Plan: 1. Buy on the current market price. Targets: 1. 4285 (0.618 Fibonacci level). Tips: 1. The RSI (1d) made a Double Bottom and rebounded, a strong bullish sign. Pay attention to the Falling Resistance, you may want to book the profit earlier on a potential rejection there. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:US500Long
by TradingBrokersView
S&P500 That's the longest correction since 2011.More pain ahead?S&P500 (SPX) has been on a correction mode since the week of July 24, completing 13 straight weeks (91 days) of pulling-back without a 50% retracement. As you can see on the charts above, which are on the 1W time-frame, this is the strongest such correction since October 03 2011, which stretched for 21 weeks. Even the recent Inflation Bear Cycle of 2022 had three separate correction phases of no more than 11 weeks. In total since 2011 there have been 12 such corrections (including the current), so we can realize just how long this one has gone without at least a 50% Fib retracement. This may indicate that potentially we are at or near the bottom. On the downside, it did break and close this week below the 1W MA50 (blue trend-line) and the next Support in line is the 1W MA200 orange trend-line) at 3940. Do you think it's time to rebound to the 0.5 Fib or the index 'needs' to technically reach the 1W MA200 first? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:SPX
by TradingShot
9
SPX Market Crash: The 150y Elliott WaveThis is an SPX chart from 1872. A 150 year old chart. As you know, I am the Elliott Wave Jedi. So, I took the liberty of labeling this SPX500 chart. There's only one thing I can say: "SNP500 is preparing for a BIG Drop, a Market Crash". My Wave Count suggests that a major Bearish Swing is starting, or will start soon. The 2009 lows are inevitable. Price Action will be drawn there like a magnet. Calling all Autobots! ( SPX , SPX500 , SPX500USD , SPXUSD , US500 , SP500 ) A Recession is due and bigger events will crash the markets globally. * Some more details in the related ideas. Fundamental Analysis & Facts: * Fear vs Greed: VIX (Volatility Index) It will spike! * US Consumer Confidence Index: USCCI People are worried about the future. * US Inflation Rate: USIRYY War is coming. * US 10y Yields: TNX The 40y Downtrend Break-Out * US 10y Bonds: USB10YUSD Bonds Rush, Investors & Fear Technical Analysis: Elliott Wave Cycles The Wave Count tells me that a Major Degree is ending, in this case it's the SubMillenium Wave 3. If you are good at counting waves, then you can see that as well. The Elliott Wave Time Degrees are on the chart. Levels I am watching: $4500 & $6500. IMO, SPX has already started the Recession Bearish Swing, so I am already treating the ATH as the actual top. In case of another ATH, then this will mean that the current position was a SuperCycle (IV). After the last 5th, SPX will surely drop, from around $6500 back to $1100. However, as I said: "I believe the Markets have topped, and that the Recession has started". Check out a close-up: 2009-2022 Elliott Wave Count. I am shorting the Markets. Good luck guys and many pips ahead! Richard, the Wave jedi. P.S. Props to @TradingView for providing this 150y old chart.
TVC:SPXShort
by EW4X
9
A Traders’ Playbook – Defence remains the best form of attack Equity continues to trade heavily, and while we are getting to a point of extreme fear, the price action, and the bearish momentum in EU, AUS200 and US equity indices, suggest this is still a sellers’ market. While we have some big catalysts due this week, I still think we must navigate a passage of darkness before we see light in this tunnel. The geopolitical backdrop in the Middle East remains a dominant market consideration and the market still sees an increasing risk the conflict will not be contained with other players stepping into the conflict. A near 3% rally in Brent crude on Friday testament to those worries, with the move above $90 seeing traders bid up gold to $2006, with gold's role as the preeminent portfolio hedge once again confirmed. A move into the April/May supply area of $2050 seems perfectly feasible, and the bullish momentum in the price, and the ease by which we’ve seen gold push through well-watched resistance levels, suggests the path of least resistance remains higher and pullbacks should be well supported. The BoJ meeting could be a real curveball and while the odds are we see it proving to be a low-volatility event, if the BoJ does tweak the YCC cap to 1.5% it could trigger a wave of selling through global long-end bonds (yields higher). This would likely see sizeable gyrations play through all markets, with the JPY – which has stolen the crown from the CHF as the no.1 geopolitical FX hedge – likely to rally hard. Gov Ueda has aimed to be more predictable than former gov Kuroda, so with recent press suggesting a tweak to YCC could be on the cards, the prospect of change to policy is 50:50. We also get the US Treasury Quarterly Refunding activity throughout the week. To those who aren’t fixed-income traders, this can be an event that isn’t too well-known. As we saw in August, when the Treasury Department detailed increased auction size in its financing plans, it proved to be a key driver behind US Treasury yields rising sharply from 4%. Once again, this event does have the potential to create some big vol in bonds, which could spill over into FX and equity markets. This time around, could we see lower increases in supply, which in turn supports USTs? Staying in the US, while the FOMC meeting can never be ignored, traders get a thorough read on the US labour market and wages/earnings. On the docket, we get ADP payrolls, the Employment Cost Index, JOLTS job openings, Unit Labour Costs, jobless claims, and nonfarm payrolls. US swap pricing has a 25bp hike in December priced at a 20% chance, so big numbers in this report could see that probability rise, which would likely see the USD break out of the current sideways consolidation. Corporate earnings get another run past traders, with 24% of the S&P500 market cap reporting. Apple is the marquee name to report, with the options market pricing a move on the day at 3.7% - the market focused on iPhone demand and consumer trends in China. Rallies have been sold of late, with price now below the 200-day MA for the first time since 2 March 2022. It promises to be another lively week – good luck to all. The marquee event risks for the week ahead: Month-end flows – talk is pension funds and other asset managers rebalancing in favour of selling of USDs. China manufacturing and services PMI (31 Oct 12:30 AEDT) – the market sees the manufacturing index at 50.2 (unchanged) and services index at 51.8. EU CPI (31 Oct 21:00 AEDT) – while EU growth data seems the more important factor, we could see some volatility in the EUR on this data point. The market consensus is for headline CPI to come in at 3.1% and core CPI at 4.2%. EURCAD is trending higher, and I like it into 1.4750. BoJ meeting (31 Oct – no set time) – the BoJ should increase their inflation estimates, but the focus will fall on whether there is an adjustment or even full removal of Yield Curve Control (YCC). This is where the BoJ currently cap 10-yr JGB yields (Japan Govt bonds) at 1%. The consensus sees no change to YCC at this meeting, but there is a 50:50 chance we see the cap lifted to 1.5% - an action which could see JGBs sell off (higher yields) and see global bond yields higher in symphony. It could also see the JPY rally strongly. US consumer confidence (1 Nov 01:00 AEDT) – The market expects the index to pull back to 100.0 (from 103.0) – unlikely to cause to much of a reaction across markets unless it’s a big miss. US Treasury November Refunding (30 Nov at 06:00 & 1 Nov 12:30 AEDT) – the US Treasury Department (UST) will offer its gross financing estimates for Q42023 (currently $850b) and end-of-quarter targets for its cash balances. It is likely that the gross borrowing estimate will be lowered to $800b, perhaps even lower. The lower the outcome the more USTs should rally and vice versa. On 1 Nov we will see the UST announce the size of upcoming bond auctions across the 2-, 3-, 5-, 7-, 10- and 30-year bond maturities. The market expects auction sizes to increase across ‘the curve’ by around $1-2b for each maturity. As we saw in August, the higher we see these taken the greater the likely reaction in US Treasuries and subsequently the USD. FOMC meeting (2 Nov 05:00 AEDT) – The market ascribes no chance of a hike, so guidance from the statement and Powell’s press conference is key. One can never overlook a Fed meeting, but in theory, we shouldn’t learn too much new information and this should be a low-drama event. BoE meeting (2 Nov 23:00 AEDT) – UK swaps price a 4% chance of a 25bp hike at this meeting, and around a 1 in 3 chance of a 25bp hike by Feb 24. The split in the voting could also be important, with most economists leaning on a 6:3 split. The market feels like the BoE are done hiking, with cuts starting to be priced by June. US ISM manufacturing (2 Nov 01:00) – The consensus is for the index to come in at 49.0 (unchanged). Consider that the diffusion index has been below 50 since October 2022, so a reading above 50.0 could be modestly USD positive. US JOLTS job openings (2 Nov 01:00) – Last month we saw a big increase in job openings and further evidence the US labour market is tight. The consensus this time around is for 9.265m job openings (from 9.61m) – risky assets will want to see this turn lower again with reduced job openings. US nonfarm payrolls (3 Nov 23:30 AEDT) – With so many labour market and wage/earnings data point due out this week, the US NFP report is the highlight. After last month’s blowout 336k jobs print, the current consensus is for 190k jobs, the U/E rate at 3.8% and average hourly earnings at 4%. Brazil Central Bank meeting (2 Nov 08:30 AEDT) – The BCB should cut by 50bp. Earnings – This week we see earnings from UK, EU and US listed names coming in thick and fast - 24% of the S&P500 market cap report this week. Numbers from HSBC (Monday), Caterpillar (Tuesday) AMD (Tuesday), Qualcomm (Wednesday), Apple (Thursday) should get the attention.
PEPPERSTONE:XAUUSD
by Pepperstone
22
US500 to turnaround today?US500 - Intraday Price action has formed an expanding wedge formation. The medium term bias remains bullish. Trend line support is located at 4145. Trend line resistance is located at 4345. A break of 4172 is needed to confirm follow through bullish momentum. We look to Buy a break of 4172 (stop at 4132) Our profit targets will be 4272 and 4292 Resistance: 4172 / 4257 / 4345 Support: 4145 / 4127 / 4100 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