Us500analysis
S&P 500 BEARISH OUTLOOKThe major US indices, including S&P 500, are continuing to plumed after the Fed rate decision yesterday. The interest rate reached 3.25%, as it was predicted, but the forecasts are that the interest rates will keep increasing into the entire 2023 as well, reaching levels of 4.6%
The technical indicators are suggesting a downtrend as well, MACD histogram is below the 0 line and the RSI is well below the oversold 30 line.
If the trend continues the price might test its levels at 3670, but if it reverses, it might test its previous high at 3958.
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⁉️ US500 - Market AnalysisHello traders!
⁉️This is my analysis on US500 .
Here we are still bearish , so I am looking only for shorts. I expect price to retrace after taking out sell side liquidity, to fill the imbalance and to reject from bearish orderblock.
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S&P500-SPX500The price breaks the trend on M30 according to my idea and then the price has a correction, then by rechecking the chart you can decide to trade.
Observe the money management and the stop loss, to know about Analysis, follow me And contact me if you have any comments or questions. (I will answer whenever I have time).
Wait for the update.
SHORT S&P500 ✅✅✅Hello traders!
✅ This is my trade on US500.
Here we are in a bearish market structure, so I expect a new expansion after the price filled the imbalance and rejected from bearish orderblock. As target I have sell side liquidity below old low.
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$VIX analysisAs most of you know, $VIX measures volatility index. It is usually inverse to $SPX/ US500. We have been trading within this curved pattern in $VIX since COVID. Break of this monthly curved pattern will likely imply a change in market sentiment. Downward break would likely imply a bull run resumption. Bounce from this area would likely lead us back to lows. Heavy supply and demands are marked in this chart. $VIX going back under 20 would be more bullish for the market.
34-38 is where I'd like to short as you all know. Break of this supply would be very unlikely as it would require a catastrophe news such as world war/ nuclear war.
Keeping an eye for another bounce on $VIX from this lower part of the curve to start shorting the market again. Would be patient for that, as it will provide plenty opportunities along the way.
Break of this curved trendline to the downside would be ending a 2yr trend in $VIX which may not happen until inflation is back under control.
Another bounce from this curve would likely imply market going back for another leg down. Been in this curved path for nearly 2yrs now.
Potential scenarios highlighted in the chart.
Approaching near the weekly demand where we have seen multiple bounces in 2022.
S&P 500 Weekly AnalysisS&P 500 on the daily chart. The market is still under the control of the bears. This mean that we have to look for selling opportunities more than the buy once. Let us see how the market will move on Monday.
US500 A Confirmation Bear in ControlBull tried to be above the Weekly Broken Line but pushed down by Bear. Very strong push. This week candle is a confirmation of mighty bear in control. Question is, how far will bear traveling south??? Aiming 4000 next week?
LONG US500 ✅✅✅Here I expect bullish price action as the price took out previous daily low liquidity and rejected from bullish orderblock. The price left behind a lot of imbalances that have to be filled.
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on SP500 as price makes the draw on liquidity. Higher price action to be seen over there
What do you think ? Comment below..
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on SP500 as price makes the draw on liquidity on the weekly lows and should make a reversal move from there + h4/d1 imbalances bearish that should be filled asap.
What do you think ? Comment below..
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on US500 as price makes the draw on the weekly stops meaning we will see a bullish reversal week. SP also has a lot of bearish imbalances that are opened + the VIX is very high and it's due for a correction all of the arguments are alligning on a mid-term bullishness in the stock market.
What do you think ? Comment below..
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on SP500 as price takes out weekly lows liquidity and rejects a h4 bullish imbalance area. We have a lot of bearish liquidity that should be filled asap + vix bullish gap meaning price should fill it that makes the indexes go BULLISH.
What do you think ? Comment below..
SP500 LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on SP500 as price rejected an important are of ,, support,, bullish orderblock area on H4 + imbalance fill. Price made the expansion move and right now should go for a correction to fill the price inefficiences, another confluence that i see there is that VIX made a double bullish GAP that wasn't filled and price should go for it for today. VIX DOWN means STOCKS UP market correlation
What do you think ? Comment below..
US500 LONGS 📉📉📉📈 Expecting bullish price action on US500 as price takes out weekly lows, and has a lot of liquidity that has been build on the trendline. Looks to perfect to be true, a bullish closure above weekly low will be perfect for me to confirm the entry.
What do you think ?
US500 LONGS 📉📉📉Expecting bullish price action on this pair as price is in a bullish trend on a HTF, taked out liquidity below 4300 closed above bullish, retraced to fill the bullish imbalance and right now we are going higher for the w1 imbalance and 4700. This is a swing entry so please remember it will take some time to capitalise
What do you think ? Comment below..
us500 long positionus500 still bullish
What happened?
H4 timeframe:
- bearish setup complete
- -27% , -61,8% and fib extension complete.
Daily timeframe:
- 120% Retest happened with bullish variation (always wait for h4 candle). price could go 4349.50 to test the weekly trendline as final touch
- Price "seen" to push below market structure
- Liquidity pushed price to get collect pending sell orders and stop out those who had long positions open
- Tp @ -27% and -61,8% respectively.
S&P500 Long and Short SetupS&P 500 Weekly Plan
Long Setup:
🔵 Entry Level: $4598.0
🟢 Take Profit: $4645.3 (2.05 R)
⛔ Stop Loss: $4574.9
Short Setup:
🔵 Entry Level: $4651.8
🟢 Take Profit: $4599.4 (1.59 R)
⛔ Stop Loss: $4684.7
Reasons:
1) A clear setup would be opening a long position at what was recently resistance, as it is likely to be turned into support. However, this is too obvious of a setup and I believe a lot of traders will place buy orders there, so I believe there may be a fake-out. As such, I will be waiting for a retest of that level and if it holds, I will open a long order. I am mapping this level at the moment, so that I am prepared.
2) The short order is placed at the upper trend line of the ascending channel. It has already been respected 5 times, so I will keep opening short orders until it either fails (price goes through it) or we stop testing it. With that being said, the entry may move up depending on how the price reacts in the next couple of days
SPX finds floating ground for nowHello everyone, as we all know the market action discounts everything :)
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The S&P 500 index traded below its 50-day moving average, its first major breach in more than six months.
The S&P 500 was able to find a floating ground after teetering developer China Evergrande said it would pay some bond interest due on Thursday. Removing fears of a big and messy collapse that had scared investors.
The Index price has dropped 2.6% in the last couple of days but now the market seems to be stabilizing and an increase in value might start bringing the SPX back into the Ascending Channel range.
Possible Scenarios for the market if the China situation was resolved :
Scenario 1 :
If the Bulls were able to gather the force need to gain control then we will see an increase in the market that would reach the 4452.57 resistance level where we might have a small correction that will bring the price near the 4405.15 level before the index goes back into the Ascending Channel range.
Scenario 2 :
After a drop like that it could take a bit of time for the Bulls to go in and push the market up, in that time we will see the price reach the first support level located at 4308.11 where most likely the buyers will go in, but if they failed to support that line then we might see a bigger drop reaching the 4258.49 or even the 4211.07 support before going back up.
Technical analysis show :
1) The market is below the 5 10 20 50 MA and EMA (Bearish Short-Term Trend) But still above the 100 and 200 MA and EMA (Bullish Long-Term Trend)
2) The RSI is at 33.48 it hasn't reached the overbought zone yet and its showing Weakness in the market
3) The ADX is at 22.13 showing that the market is trending with a Negative crossover between DI+ (10.06) and DI- (34.68)
Daily Support & Resistance points :
support Resistance
1) 4308.11 1) 4405.15
2) 4258.49 2) 4452.57
3) 4211.07 3) 4502.19
Weekly Support & Resistance points :
support Resistance
1) 4409.33 1) 4475.22
2) 4385.67 2) 4517.45
3) 4343.44 3) 4541.11
Fundamental point of view :
Bloomberg reports that Hengda Real Estate - the main unit of troubled Chinese property developer Evergrande - will make its Thursday bond coupon payment. This hardly means Evergrande is out of the woods - indeed a restructuring at some point still remains likely - but a disorderly unwind seems off the table at the moment.
Concerns over China Evergrande Group have put investors on edge and added to recent worries over economic growth from the Delta variant.
Persistent default fears overshadowed efforts by Evergrande's chairman to boost confidence in the firm on Tuesday, while Beijing showed no signs it would intervene to stem any effects across the global economy.
Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease. According to Reuters
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
US Market Technicals Ahead (20 September – 24 September 2021)This Wednesday’s Fed policy announcement will be the main directional driver for equity markets as investors will be expecting to hear if the central bank will begin withdrawing stimulus this year. Several policymakers have been calling for early tapering despite the recent slowdown in inflation numbers.
On the economic data front, notable publications include building permits and housing starts, the flash Markit PMI survey, new and existing home sales. Several other central banks will also hold meetings in the week ahead, including the Bank of Japan and the Bank of England.
Meanwhile, embattled Chinese property developer Evergrande (HK:3333) faces the prospect of defaulting on its debts, stoking fears of contagion that could spread to markets outside of China.
Here’s what you need to know to start your week.
S&P500 (US Market)
With stocks struggling in this seasonally weak month for the market, all three major averages are negative month to date , but still sit less than 3% below their all-time highs.
The benchmark index $SPX ended with week on consecutive losses, posting a further loss of -0.97% (-43.3 points). The Federal Reserve’s highly anticipated September meeting is set to occur this week. Fed Chair Jerome Powell will hold a press conference Wednesday at the conclusion of the two-day meeting. Investors are awaiting for more specifics about the Fed’s tapering of its easy monetary policy, particularly after mixed economic data released over the past weeks.
$SPX breached its 20DMA and 50DMA support, currently trading at the support zone of its medium term trend channel. This is the 7th occurrence since 25th March 2021, where $SPX would rebound in the immediate week and swing towards another all time high.
The immediate support to watch for $SPX this week is at 4,375 level; a significant 2ATR breakdown from its current up trend channel, a first sign of weakness in this mid-term rally.
Federal Reserve meeting
The Fed will begin its two-day policy meeting starting Tuesday ahead of its policy announcement on Wednesday afternoon and investors will be on the lookout for any details of the central bank’s plans to start paring back its $120 billion a month emergency stimulus program.
The Fed’s timeline for scaling back economic stimulus is important as it represents a first step towards eventual interest rate hikes.
Several Fed officials have said tapering should start this year, a view Fed Chair Jerome Powell may echo, while stressing a rate hike is still way off.
The Fed may stick to a cautious approach giving economic uncertainty due to rising COVID-19 cases and a weak jobs report for August.
Economic data
The U.S. data calendar for the week ahead is centered around housing figures, which are set to stabilize after a slight uptick in mortgage approvals for home purchases in recent weeks.
Data on housing starts and building permits data are due out on Tuesday, followed by figures on existing home sales on Wednesday and data on new home sales is due for release on Friday.
Market watchers will also be looking at Thursday’s report on initial jobless claims amid concerns over the hit to the economic recovery in the current quarter from the spread of the Delta coronavirus variant, especially among people who are hesitant to take vaccines.
Central bank meetings
Besides the Fed, several other major global central banks are also holding meetings in the coming days.
The Bank of Japan, which also meets on Tuesday and Wednesday, is widely expected to keep policy steady but may warn about growing risks to exports from supply disruptions.
On Thursday, Norway’s central bank is set to become the first from the developed world to hike rates since the pandemic, likely raising its main 0% rate to 0.25%.
The Bank of England is unlikely to change policy at its Thursday meeting but may indicate whether it still views inflation as transitory.
Crunch time for Evergrande
Indebted Chinese property developer Evergrande has a bond interest payment of $83.5 million due on Thursday, with investors pricing in a high likelihood of default.
That such a tiny amount could be the tipping point for a $355 billion behemoth with more than 1,300 developments across China and over $300 billion of liabilities shows how bad things are.
China’s second largest developer has been scrambling to raise cash, with fire sales on apartments and stake sales in its sprawling business network, but with little success.
Concerns that Evergrande could default on its debts is spilling over into China’s financial markets and even risks contagion that could spread to markets beyond China.
US500: One Final DipThe S&P500 might be going into one final small bearish impulse before making new highs. The index has been soaring for almost 2 weeks, erasing gains made during the summer. This correction was expected, but as inflation rates in the US are going down the US500 will be going back to its bullish track during the next week. This is the final opportunity for buyers as the index is moving around its EMA50. Patience is key.
Trade Safe
Cyril
US500 1D: Possible SHORTUS500 1D: Possible SHORT
As we look at S&P500, we can see a possible fall from 4500 to 3400 in the coming months