Simple multitimeframe for US500, S&P 500 Index☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Us500
S&P bulls confirm their control; market reaches new highLast week, the Bulls' performance surprised many and some were badly hurt by Wednesday's rally. Followers of this channel, however, hopefully avoided this trap by staying aware that a bullish run was possible given the market's mixed signals. Now, the Bulls have confirmed their control by establishing both a higher low and a new high on the weekly chart. Notably, they managed to maintain this new high into the week’s close.
At this point, my bias is 90% bullish. The only concern is the divergence between price action and market internals. While SPX set a new high, there were less stocks reaching new monthly high than lows. Although this isn’t a strong indicator, it’s something to keep in mind if suddenly things start to shift. But until we see clear signs of seller strength, we should remain aligned with the buyers.
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
Cancellation of “Head-and-Shoulders” Pattern. Bears trapThe "Head-and-Shoulders" (H&S) pattern is considered a powerful trend reversal indicator. However, it can also become very costly for new traders. Yesterday, the S&P provided a great example of H&S cancellation. Traders who entered short on the break-out of the shoulders line (and Monday's low) incurred losses after the price returned to the previous day's range and rallied all the way up. Such scenarios happen more often than you might think.
To avoid being caught in such traps, it is important to consider two things:
1. Higher Level Context : In this example, the H&S pattern formed on the hourly time frame. But if we zoom out, we'll see that on the weekly chart, the price is in a strong uptrend, currently making new historical highs. This is a very bullish context, with buyers having full control over the price.
2. Price Behavior on the Break-out : Upon confirmation of a reversal pattern, you should expect sellers to jump in and drive the price down as fast as possible. It is "abnormal" to see the price returning to the previous range and gaining acceptance. This is a trigger that something is not right.
Some people will add volume analysis on the break-out, but I’m personally not a fan of it, especially for SPY.
Study/Analysis of Correlated Assets: US500, US100, and US30Greetings Traders!
Study/Analysis of Correlated Assets: US500, US100, and US30
In this tutorial, we'll delve into the study and analysis of correlated assets, specifically focusing on US500, US100, and US30. Understanding the relationship between these assets helps determine whether Smart Money is accumulating orders or distributing them.
Key Concepts:
Symmetrical Correlation: Indicates a continuation in price.
Non-Symmetrical Correlation: Indicates a reversal in price.
Steps to Follow:
Identify Correlation: Analyze the charts of US500, US100, and US30 to determine whether they exhibit symmetrical or non-symmetrical correlation.
Symmetrical Condition: If the assets move in sync (symmetrical correlation), expect a continuation in price movement. This indicates that the trend is likely to persist.
Non-Symmetrical Condition: If the assets move out of sync (non-symmetrical correlation), anticipate a potential reversal in price. This indicates that the trend might change direction.
Chart Analysis:
In the provided chart, we observe a non-symmetrical condition, suggesting a likely reversal.
Using this concept as confluence enhances your market analysis. For instance, in the US30 chart, I am anticipating a draw towards the sell stops. By examining the correlated assets, I can confirm whether it’s safe to look for selling opportunities.
If the market condition is non-symmetrical, it suggests that the assets are likely to reverse, making my sell idea high probability.
Conclusion:
Using the correlation between assets can provide additional confluence to your trading strategy. It helps in anticipating whether the market will reverse or continue in its current trend.
Smart Money Divergence Lecture:
For a deeper understanding of this concept, please follow this link to a detailed lecture on Smart Money Technique:
Best Regards,
The_Architect
US Indices Weekly Forecast: Top Trading Strategies Revealed!Greetings, Traders!
Brief Description🖊️:
Join me in this video as we analyze what to anticipate this week on the indices US500, US100, and US30. We'll delve deeper into US30 to understand today's trading opportunities. We will explore various ICT concepts, including draw on liquidity, fair valuation, order blocks, and most importantly, Smart Money Technique (SMT) and engineering liquidity, where smart money uses retail patterns such as trendlines, support, and resistance to trap traders into making investments.
Things We Will Cover👀:
ICT Concepts🧠:
Smart Money Technique (SMT): Study and analysis of correlated assets.
Draw on Liquidity💧 : Understanding how liquidity is targeted and manipulated.
Fair Valuation📊 : Assessing the true value of price levels.
Fair Value Gaps : How to choose high-probability FVGs.
Order Blocks📦 : Identifying high-probability order blocks.
Engineering Liquidity 🔄: Analyzing how smart money uses retail patterns to manipulate market movements.
Trading Opportunities📉📈:
Potential Price Movements: Providing a comprehensive outlook on possible market shifts.
Strategies for the Week : Uncovering strategies that could make this week profitable.
If you'd like to further understand how to use SMT, please follow the link below.
Happy Trading,
The_Architect
SPY still bullish, holding both the 1D MA50 and MA100.Last time we looked at SPY (May 01, see chart below) we gave a strong buy signal following the 1D MA100 (green trend-line) bottom and we are already well into new All Time High territory:
As you can see, the price hit the top of the short-term (dotted) Channel Up and pulled back to the 1D MA50 (blue trend-line) again. This inability to break above the Channel Up, leads us to believe that it will continue to be the dominant pattern, instead of the long-term (blue) Channel Up, and will dictate the price action higher but only gradually.
Another test of the 1D MA100 is possible under those conditions that will allow for a smooth hit on our 555.00 long-term Target.
If however the dashed line holds, it is possible to see an even more aggressive Channel Up materializing, in which case we will move our Target even higher at 580.00, in order to represent a Bullish Leg similar to January - February 2024.
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S&P 500, US500 Market Robbery Plan To make moneyMy Dear Robbers / Traders,
This is our master plan to Heist S & P 500 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. There is two plan to heist this market, Our target is Green Zone when market comes downside that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Once Bull trend is formed in the green level we can start our buy plan to heist the market in buy direction, our Target is red zone.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
S&P500 Short-term accumulation before strong rise.The S&P500 index (SPX) has turned sideways since practically May 16 and, supported by the 1D MA50 (blue trend-line), is consolidating. Even though this consolidation is taking place at the top of the 1.5 year Channel Up (Fibonacci 0.0 - 0.236 range), it is similar in some way to the accumulation of April - May 2023 (also a little like November - December 2023), which was again supported by the 1D MA50.
As a result, as long as the price remains above the 1D MA100 (green trend-line), which provided the crucial Support on April 19 and started the recovery from the -6.65% decline, we expect a similar Channel Up to start when the accumulation ends. Our short-term Target is 5500 (top of 1.5 year Channel Up).
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S&P500: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ day 2 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: primary, potential buy low after the news, going to stop short traders from previous week, completing the weekly dump and pump.
Short: secondary, the breakout of Friday left space with no retest, means that traders long never got their positions "shake". I wouldn't exclude a third hour reversal for a scalp back into the previous HOD.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
S&P stalls in indecision; still bullishLast week was marked with indecision. Market was moving in a narrow range while Buyers were waiting for FOMC ad NVDIA’s earnings. After receiving positive confirmation (FOMC neutral, earnings good) market tried to go higher but found no support from large players. Sellers took advantage of the weakness and dropped price, clearing many weak longs established in the previous 5 days. It was a strong move but for some reason sellers lacked conviction to go lower. Price pivoted after filling the gap from Wednesday 15th and went back into the balance zone ( 527.5-531.5 ).
We should expect more pushes and pulls in the short term while market is fishing for new information. To confirm their control buyers must clear last week high ( 533 ) and build value above it. Bears’ objective is to break last week low ( 525 ). Until it happens the most likely scenario is bracketing within last week range.
It is important to note that while short term direction is unclear, we are still in weekly uptrend. So bears must work twice hard to prove their strength
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
S&P500: Don't expect any sizeable correction any time soon.The S&P500 index is on very healthy bullish levels on the 1D timeframe (RSI = 63.385, MACD = 146.190, ADX = 48.596) showcasing in the best possible way the bullish bias of the long term trend and pattern, which is a Channel Up. This month's pullback is perhaps the best buy entry we can have as in relative terms based on the 1W CCI, the index is printing a consolidation phase similar to August-October 2020.
As long as the 1W MA50 is in support, we expect the Channel Up to gradually rise in the same manner as then and by early 2025 possibly hit the 1.618 Fibonacci extension (TP = 6,800).
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S&P 500 (US500):🔴Bearish or bullish...?!🔴By examining the weekly and 4-hour charts, we can determine the price was heavily pushed down after creating the all-time high.
I am not bearish for the long-term on the S&P500, but for now, I think the price can have a bearish reaction to the bearish breaker block and move down at least till the previous week's low, then we should study the price to find out the next move.
💡Wait for the update!
🗓️27/05/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Is Now the Right Time to Invest in the S&P 500?Last week, the S&P 500 index, which comprises the 500 largest U.S. companies by market capitalization, reached a new all-time high, hitting $5,341.88 during intraday trading on Thursday, May 23.
Warren Buffett has long recommended an S&P 500 index fund as the ideal investment for those who don't have the time to analyze individual stocks in depth. The recent milestone seems to support his advice. However, with the stock market at a new peak, enthusiasm for AI potentially becoming excessive, and both interest rates and inflation remaining persistently high, is now truly the best time to invest in the S&P 500?
For those wary of the markets, there are numerous reasons to hesitate before buying into stock market averages. The S&P 500, a market-cap weighted index, is heavily influenced by large technology companies that have seen substantial gains recently, buoyed by a bull market that began in October 2022. Several factors have propelled these tech giants to new heights: interest rates seem to have peaked, inflation has dropped from its high of 9.1% in June 2022 to just 3.4% last month, and the surge in artificial intelligence has provided significant momentum.
It's not just Nvidia (NVDA 6.79%) reaching new peaks, with a staggering market cap of $2.6 trillion and a high P/E ratio of 62. Many cloud giants and related semiconductor stocks have also soared, driven by strong growth expectations. But will this growth persist indefinitely? AI investments must ultimately prove their worth to companies and consumers. Currently, companies are spending unprecedented amounts on AI chips and data centers to avoid falling behind. This situation is reminiscent of the dot-com boom in the late 1990s, which led to an epic crash in 2000. The tech-heavy Nasdaq Composite dropped 76.8% from peak to trough, while the S&P 500 fell by 49.1%.
Could the AI bubble burst similarly? AI momentum seems unstoppable, but few predicted the 2000 crash, believing internet hypergrowth would continue indefinitely. A slowdown in growth from an AI company could trigger a significant correction. While this might not happen soon, it’s a possibility.
Additionally, inflation impacts the Federal Reserve's decisions on interest rates, which in turn affect stock valuations and the economy. If inflation remains "sticky" and exceeds expectations, the Fed might keep interest rates higher for longer to meet its 2% target. This scenario poses a risk, as the S&P 500 is currently trading at a historically high valuation of 27.6 times trailing earnings, compared to the historical average of 16.1. If interest rates and inflation surge again, it could be a precarious time to invest in this frothy market.
On the flip side, renowned investor Peter Lynch famously noted, "there is always something to worry about" in the markets. Although the historical average P/E ratio of the S&P 500 is significantly lower than today's, the market has generally traded at a higher P/E ratio in recent years, averaging around 22.5 over the past decade. While this is still below current levels, it is much closer. Additionally, avoiding the stock market over the past ten years due to fears of high valuations would have resulted in missing out on 236% gains, including dividends.
Moreover, the average annual return of the S&P 500 from 1928 through 2023, since the Standard & Poor's index was first developed, is approximately 9.9% with dividends reinvested. Since the index expanded to 500 companies in 1957, the long-term annualized return has been an even better 10.3%. Certainly, there have been critical moments right before significant market crashes when investing would have seemed unwise. However, Ben Carlson, author of the blog A Wealth of Common Sense, highlights in his study that with a long enough time horizon, even investments made at market peaks before major crashes have yielded positive long-term results. Carlson examined hypothetical investments made just before eight of the market's worst crashes, from September 1929 to October 2007, prior to the Great Recession.
Five years later, three of those investments still produced positive results. Ten years out, six of the eight investments were profitable, with three delivering triple-digit gains. Twenty years after investing at these worst possible times, all eight were profitable, with all but the September 1929 investment yielding multi-hundred-percent gains. Prudent investing, however, is not solely about one-time, large investments. By consistently saving a portion of income and dollar-cost averaging into an index fund monthly, it's inevitable to invest before some market peaks but also benefit from subsequent downturns.
Market crashes are notoriously difficult, if not impossible, to predict. History shows that even investments made before the worst market peaks and crashes tend to recover over time, as the earnings of American businesses grow. Conversely, attempting to time the market can be costly, as demonstrated by those who have stayed out of the market for the past decade.
Therefore, the S&P 500 still seems like a wise buy today, even at its elevated valuation, provided there is a consistent investment plan with regular monthly, quarterly, or annual allocations.
S&P500 INDEX: More Growth is Coming
S&P500 index recently updated the all-time high.
After a violation, the previous ATH turned into support.
The market retested that and positively reacted.
I believe that a bullish trend will continue.
The market may keep growing to 5380.
❤️Please, support my work with like, thank you!❤️
S&P500 Buy opportunity on 4H.The S&P500 index is recovering from the last Higher Low at the bottom of the Channel Up, which even broke below the 4H MA50 (blue trend-line) last Thursday for the first time since May 02. The 4H MACD is forming the first Bullish Cross since that very same date, which was also a recovery sequence after a bottom on the Channel Up pattern.
Having also breached into the Ichimoku Cloud and rebounded, we expect a similar short-term rally towards the top (Higher Highs trend-line) of the Channel Up. That rally's first stop was on the 1.618 Fibonacci extension. As a result, our current Target is 5400 (marginally below the 1.618 Fib).
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S&P bulls are unstoppable; market reaches new highMarket closed strongly last week after reaching a new historical high. There was some sluggish consolidation on Thursday-Friday but near end of Friday trading hours, bulls put end to it by setting hourly higher low. Friday closed within Thursday’s range after a failed break-out, which is a very bullish signal.
Currently, we have full alignment on all major timeframe: price is in uptrend on weekly, daily and hourly timeframes. There are absolutely no warning signs that would speak for bears.
Both short- and long-term outlooks are bullish. If you're already in a long position, you're fortunate and can rest easy. If you're considering entering the market, you can either wait for another pullback or enter now with a reasonable stop-loss.
FOMC minutes are coming out on Wednesday, which could cause some unexpected volatility. However, if there are no major surprises, the bullish thesis remains unchanged.
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
Bad data is good data... but for how long?Following better-than-expected inflation print for April 2024, investors found once again an excuse for relatively bad data to be good for the market in anticipation of rate cuts, causing the S&P 500 Index (SPX) and other indices to soar to new all-time highs. However, just three or four months ago, the general expectations were for seven rate cuts in 2024, something we quickly ruled out when these assumptions emerged. After data in the first quarter revealed sticky inflation numbers, these expectations dropped dramatically to only one or two rate cuts by the year’s end. Thus, by now, it should probably be out of the question whether the Federal Reserve will continue to prioritize controlling inflation over unemployment, which has also been slowly rising. In fact, the unemployment rate rose to 3.9% last month, reaching the highest level since early 2022, when excluding the same print for February 2024. Yet, while the 0.5% increase from the lows does not seem significant, historically, a 1% rise in unemployment has been typically accompanied by a recession. Therefore, even though the rate of increase is slow, unemployment is moving in a concerning direction. Besides that, U-6 unemployment is growing much faster, and there are many other discrepancies in the labor market data, which could potentially hint at a much worse state of the economy that is being reported.
Illustration 1.01
The monthly graph of the unemployment rate in the United States is shown above.
Another interesting detail is that retail sales remained unchanged in April 2024 from the previous month, and the yearly change amounted to 3%, while inflation rose by 3.4% during the same period. In addition to that, the United States ISM PMI contracted last month, and expansion in the United States S&P Global Composite PMI eased. Again, while these are not outright horrible developments, the economic slowdown will likely become even more apparent in the coming months as the FED keeps a tight monetary policy for longer, putting additional pressure on economic activity and exacerbating the challenges faced by various sectors and consumers. With that, the question lingers over how much longer investors will continue to interpret bad data as good in anticipation of something that is not coming and will only serve to confirm the economy is really not faring that well when it comes.
Illustration 1.02
One of the challenges in the current environment is debt servicing. This fact is strongly reflected in soaring delinquencies on credit card loans, which have nearly doubled since the Federal Reserve started the hiking cycle.
Technical conditions
Daily time frame = Bullish
Weekly time frame = Bullish
Monthly time frame = Bullish
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 or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
S&P500 Short-term buy opportunityThe S&P500 (SPX) index gave us an excellent bottom buy signal on May 02 (see chart below) that comfortably hit our 5200 Target:
The pattern that prevailed is a Channel Up, holding since the start of the month. As long as it is supported by the 4H MA50 (blue trend-line) and the 4H RSI Rectangle holds, we expect the current consolidation to give a similar 2.0 Fibonacci extension Target at 5370, such as the May 10 High.
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S&P500 is benefiting from the bearish momentum on DXYHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5250 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5250 support and resistance area.
Trade safe, Joe.
S&P500: Wait for the ideal level to rebuy.The S&P500 index is neutral on its 1D technical outlook (RSI = 44.135, MACD = 2.270, ADX = 26.567) despite the fact that it made a new All Time High, in fact turning the former R level into S. The uptrend is being supported by the 4H MA50 since the May 2nd breakout and the Channel Up presents a new low risk buy opportunity close to the 4H MA100, ideally when the 4H RSI approaches the 30.000 limit. We will wait for the opportunity to go long and target the top of the Channel Up (TP = 5,400).
See how our prior idea has worked out:
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