Get started

Usstockindices

Is this a SELL SIGNAL for S&P 500 this week???Technical speaking, we have predicted that last week, the s&p 500 might started to rebound, since we've seen three to four bearish candles before trend reversal in the past pullbacks, and last week was the forth candle of this pullback. And it just moved as we've predicted. And for now, the price is still rebounding from overall bearish market. So this week, we might pay close attention to the ending signal of this rebound, for example, the price be rejected by the resistance of previous low. Key macroeconomic dates include the U.S. releasing the July PPI on August 13, the July CPI on August 14, and the so-called "dreaded" July retail sales data on August 15. Also, Japan will release its Q2 GDP, likely stirring the pot again with yen carry trades. In political news, the latest Financial Times poll shows Harris with a 1% lead over Trump in the presidential race. I think from economic reports to the election, all could drive more volatility in U.S. stocks. Investors should keep a close eye on market movements and manage their risks accordingly.
SP:SPXShort
by xugina78
The US index has been declining for three weeks. What's ahead?S&P 500 After the Cup & Handle pattern breakout, the market surged to nearly 5,670, setting a new record high. Since then, the index has been on a downward trend for the last three weeks, forming the Three Black Crows chart pattern, signaling a bearish outlook. With the current market conditions, it is expected that potential support will be around the 4,400-4,500 level. Nasdaq 100 The US tech index has experienced a significant increase in momentum and achieved a respectable gain over the last 8-9 months. However, the index encountered a strong resistance near the 20,700 level, which is its all-time high. With three consecutive weeks of decline, the index appears to be in a weakened state and may revisit the 15,500-15,600 level for support before rebounding.
SP:SPX
by NaranjCapital
#US500 maybe we are dealing with topThe US500 index has been rising within a rising wedge pattern since January 17th. However, this strong bullish trend has begun to show signs of losing momentum as overlapping waves develop. Overlapping waves are a key indicator of a potential reversal, signaling a loss of momentum. Additionally, the rising wedge pattern itself is a powerful reversal pattern. The combination of diminishing momentum and the breakout below the rising wedge suggests that the bullish trend may be coming to an end, at least temporarily, and we could anticipate a bearish correction. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
PEPPERSTONE:US500Short
by mohemati
3
"Biting Point" Signal in Every Turn for 2022Stay-tune for the video version shortly, we will do more in-depth study. Micro E-Mini Nasdaq Futures Minimum fluctuation 0.25 point = $0.5 1 point = $2 10 points = $20 100 points = $200 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com I hope this tutorial will be helpful, in enabling you to read into the market with greater clarity.
CME_MINI:MNQ1!Short
by konhow
1
S&P500: Neutral within the Triangle.S&P500 is trading within a Triangle on the 4H chart (RSI = 53.651, MACD = -10.000, ADX = 26.709). The price is now testing the 4H MA50 and if broken we expect it to reach the Lower High trend-line. The RSI broke above a 20 day bearish trend-line so we are expecting a break above the Triangle towards the 3,168 Resistance. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated.
FOREXCOM:SPX500Long
by InvestingScope
S&P500: Sell opportunity on the 0.5 Fib rejection.The index is having a week long rally since the 2,180 low fueled by the Fed stimulus package. So far the rise has stopped on the 0.382 Fibonacci (measured from the All Time Highs) and is pulling back. For the moment this is still within the 4H Channel Up of this week (RSI = 56.474, MACD = 39.010, ADX = 40.896) but if it breaks it should target the 4h MA50 at 2,410 and even make a full retracement to 2,200. The confirmation to take this sell will by the bearish cross on the MACD. See also how similar this is with the March 5th cross and in fact the two sequences are similar even on the Fibonacci scale. We have separated them into Phase 1 and Phase 2, both of which retraced to their 0.500 Fibonacci and got rejected. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
OANDA:SPX500USDShort
by InvestingScope
2