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Us500analysis

US500 S&P Technical Analysis and Trade IdeaIn this video we take a look at the #US500 #S&P closely, revealing that it has reached a substantial resistance level and rejected now finding support. Additionally, there is a gap in price below it and an accumulation of sell orders in the form of stop losses that could be a target for bigger players. Throughout the video, we delve into trend analysis, price action, market structure, and price gaps. We also briefly mention a possible trading opportunity.
UShort
by fxtraderanthony
ES1! SPX500USD 2023 APR 17 WEEKCME_MINI:ES1! ES1! SPX500USD 2023 APR 17 WEEK Friday's bar closed below 4175 and showed a rejection of higher prices. Scenario Planning: 1) Rejection short at 4175 2) Market rotation continues = trade at boundary (80pt range) of range (grey box) 3) Rotation breakout long at support of 4175 Volume Analysis: Weekly: Ave vol up bar close off high = minor weakness Daily: High vol narrow spread S>D bar = weakness Price reaction levels: Short = Test and Reject | Long = Test and Accept 4303 4175 4096 3928 3788 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
S&P500 - Will we get lower lows?Hello traders! In previous posts about the sp500 (see links in description) we argued that some downside was coming and posted our short entry at 3994. As you can see from the main chart, we connsidered the previous upside from October's low as a corrective move with choppy price action and low volumes. We are considering different possibilities: either that move was a primary wave (B) to the upside, and main downtrend is resuming for lower lows, or it was only the first leg of this primary (B), and we are retracing down with an intermediate wave B about to conclude. We are keeping our short with stop loss on entry. We will refer to patterns and sentiment to assess probabilities of different scenarios. The light orange zone of support that you can see in the chart, if broken, will activate a bearish head and shoulder that will lead to lower lows. However, since it is not broken, this pattern has not statistical validity. Here you can see a bearish wolfe wave whose target will be consistent with both scenarios. No hints for neither case from a pattern perspective until 3766 holds. From a sentiment andfundamental perspective, we have seen soft lending narrative and the idea that slowing inflation may have led to a Fed pivot boosting bullish sentiment in tha last months. However, FED kept raising rates and banks are suffering it. The fact that all analysts and the general sentiment is not worry about it is a point in favour of a lower low;). But to consider it we want to see impulsive acceleration to the downside. Until then our targets will be 3840 and 3780. Bests GMR
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by GMR-Capital
US500 Trading Plan - 4/Mar/2023Hello Traders, Hope you all are doing good!! I expect US500 to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
UShort
by For3xScalper
US500(S&P) : Analysis , 4hHello traders, we want to check the chart of the US 500 in the 4-hour time frame. After falling simultaneously, the price has reached the upward trend line and also the key level of 3936 and 3952. If the price can break the downward trend line and return to the key level, the pullback is indicated. It is a good entry point to enter into a purchase transaction and we expect it to continue its growth until the level of 4038, but if it can break the upward trend line and also the key level downwards and stabilize itself at the bottom of 3936, we expect to reach around 3886 continue to fall. Good luck.
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by mrAT_Trader
2
US500 to hit the weekly support and then bounceUS500 is on the way to revisit the weekly support zone around 3990. Currently it has hit the daily support but it is likely that it will go and at least touch the weekly support zone. But they both are quite close. That will definitely produce a bounce to the upside and might bring the price to daily resistance level. Let us see if this daily produces enough momentum to lead it to the resistance. But I would incline towards it touching weekly first before heading towards resistance and that would also be favorable for a better entry point and a better RR.
ULong
by angela_altair
2
MARKET STRUCTURE IN US_500 (SP_500)The S&P 500 index is currently in a bullish trend, forming higher highs and higher lows. However, it recently created a series of equal highs, followed by a lower low. If the index breaks below the recent low, it could be an indication that the trend is turning bearish. On the other hand, if it breaks above the equal highs, the bullish trend is likely to continue. Traders should keep a close eye on these key levels and use them as potential points in their trades. Happy trading!
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by arpitjain11