S&P 500 Daily Chart Analysis For Week of June 20, 2025Technical Analysis and Outlook:
The S&P 500 Index has primarily exhibited downward trends during this week’s abbreviated trading session, narrowly failing to reach the targeted Mean Support level of 5940, as outlined in the previous Daily Chart Analysis. Currently, the index exhibits a bearish trend, suggesting a potential direction toward the Mean Support level of 5940, with an additional critical support level identified at 5888.
Contrariwise, there exists a substantial likelihood that following the accomplishment of hitting the Mean Support of 5940, the index may experience recovery and ascend toward the Mean Resistance level of 6046. This upward movement could facilitate a resilient rally, ultimately topping in the completion of the Outer Index Rally at 6073, thereby enabling the index to address the Key Resistance level situated at 6150.
Market indices
Pullback before next leg up
NASDAQ’s looking weak short term. We’ve seen multiple rejections from the highs, an M pattern forming on the daily, and RSI divergence creeping in on the daily — momentum is clearly fading. I already took profit around 21980. And a few small swings between the range since 3rd of June.
The rally off the tariff drop was sharp, but it feels mechanical. Bulls look tired here. You can see price is stalling — pushing into the same highs but getting nowhere. Classic signs of distribution.
That said, this isn’t the start of a full-blown bear market. The long-term trend remains bullish. AI investment is still piling into the U.S., tech’s still leading globally, and structurally we haven’t broken down yet. Some weakness is starting to show though.
But short term, I think we see a pullback. The Fed’s still sitting on the fence with rate cuts, which is creating uncertainty. Add that to the current geopolitical tensions, and there’s enough on the table to justify a temporary risk-off move.
If price breaks and closes above 21,860, I’ll reassess and potentially shift back to a bullish bias. Until then, I’m leaning short and letting price action do the talking.
My key downside levels:
TP1: 21,483 — scale out and protect.
TP2: 21,322 — potential bounce from this area.
TP3: 21,145 — structure starts to weaken.
TP4: 20,894 — bears starting to control and a deeper flush, I’ll reassess bias at this level.
SL @ 21850 on my second entry short
Short term: pullback likely.
Big picture: still bullish — but bulls need to reset before any next leg up.
NASDAQ Bread and Butter & Turtle Soup Example XIIaight, so im gonna break down a trade i took on nasdaq today using a setup i picked out myself from the ict concepts. just my own flavor of it, ya know
before i knock out at night, i open up the charts real quick — just tryna see if there's any clean liquidity chillin’ nearby. if there aint, i shut it down and catch some solid sleep. but if there is... bingo baby
this basically means i might just wake up rich tomorrow, bro. on the daily, im seeing two strong green days back to back, and right above that boom some equal highs just sitting there, begging to get run. they are even cleaner on the 1h. bias locked in. im waking up tomorrow and hunting longs, simple as that.
i mark up the daily open first thing. if im lookin for longs, i wanna see some turtle soup under the open. if im hunting shorts, i need that setup above the open. thats just how i roll.
if there is a swing low, trend liquidity, or some equal lows carryin over from yesterday, im locked in on those levels for turtle soup. if not, im just chillin, waitin for price to build some fresh liquidity during the day and then snatch it.
in this setup, i got some leftover liquidity from yesterday plus a clean 4h fvg sittin there like a neon sign.
next, i check the time. liquidity grabs usually hit during one of the killzones depends on the pair, but im watchin asia, london, or new york sessions.
then i scope out if there is any news droppin around that time, especially stuff that could move the pair. no point in getting blindsided.
and yeah, i always peep correlated pairs too sometimes they snitch before your chart even says a word.
when all the stars and planets line up just right, that is when I drop down to the 15m and wait for a clean csd to show up. but here is the thing i dont jump in the second i see it. i wanna see price actually leave the liquidity zone.
yeah, it might lower my rr a bit, but the win rate goes way up. It keeps me outta those fake-ass turtle soups that look good at first but just wanna wreck your stop.
once im in the trade, i usually try to close out half the position the same day take profits where the chance of price reversing is damn near zero. then i let the other half ride toward my target liquidity. just lettin it breathe, do its thing.
thats it, peace out
*NAS100| Weekly Breakdown - Structure Is PriceWhew—Nasdaq was a wild one this week, but once you master structure, liquidity, and OBs, the chaos turns into clarity.
Price held my 30M demand zone, even after a sketchy wick-based reaction early on. First long position? Quick scalp to the highs—in and out, no burger 🍔.
Didn’t wait for a full mitigation at first—anticipated the bullish momentum by staying aligned with structure. Later, price came back and mitigated the zone with body closes, confirming the intent for another long setup into next week.
Yes, I hold trades over weekends—because here’s what I’ve figured out:
“Price is structure. Structure is price. Master that, and it flows exactly how it should.”
This week was just another example of that.
Bless Trading!
SPX500 Technical Outlook: Balancing Risk and RewardPost Content:
🔍 SPX500 Analysis - 4H Timeframe
Our latest technical analysis showcases a detailed approach to the S&P 500 Index using Smart Money Concepts, Fibonacci tools, and volume dynamics. Here's the breakdown:
1️⃣ Trend Structure
The price has formed a wedge within the premium zone, indicating potential exhaustion.
BOS and ChOCH markers highlight key pivots, emphasizing a weak high and strong low.
2️⃣ Fibonacci Insights
We're observing equilibrium near 5,668.57, a critical area where price may consolidate or pivot.
Higher Fibonacci extensions suggest an upside target near 6,580.38, should momentum hold.
3️⃣ Risk-Adjusted Strategy
Short Opportunity: Bearish retracement expected toward equilibrium; target around 5,668.57.
Long Opportunity: Look for confirmations to buy at the discount zone or post-retracement breakout above the weak high.
4️⃣ Volume Dynamics
Spikes at key pivot points signal institutional activity, strengthening the validity of liquidity zones.
📊 Trade Setup Overview
Entry: Short near premium zone OR Long near equilibrium/discount zone.
Stop-Loss: Place below the strong low for longs or above weak highs for shorts.
Target: Extensions at 6,580.38 align with the broader bullish sentiment.
🎯 Key Takeaway: This model emphasizes patience, precision, and risk management. Be sure to monitor upcoming macro events and confirm entry triggers before committing to any position.
🌟 Follow WaverVanir International LLC for more actionable insights, technical breakdowns, and AI-driven strategies!
📈 Trade Safe,
Team WaverVanir International LLC
[06/16] Weekly GEX Roadmap - Diagonal Spreads or Put Hedges?📊 Weekly GEX Map (SPX)
This week’s GEX profile looks nearly identical to last week:
Positive bias above 6020 up to 6100
But a sticky chop zone remains from 5975 to 6020
Below 5950? That’s where things get interesting…
⚠️ What Happens If 5950 Fails?
In that case - welcome to negative gamma territory:
Delta becomes unstable → fast, erratic moves
Gamma loses influence → hedging effectiveness drops
Dealer hedging lags → market makers chase, not lead
Vega + theta distort readings → charm decay accelerates
Result:
GEX zones lose clarity.
Pinning breaks down.
Reactions become nonlinear and emotional.
If we drop below 5950, we might see acceleration instead of stabilization — despite the positive GEX profile.
💡 Trade Idea of the Week – With Caution
If not for Wednesday's macro risk (Fed rate decision), I'd suggest a bullish diagonal spread toward 6100–6150:
Limited downside
Defined risk
Covers the full squeeze zone
But with FOMC looming, I'd only hold this trade until Thursday and close once the debit doubles or earlier.
🧨 Macro + Geo Risks
Fed is priced for “no move” → any surprise = volatility spike
Rising tensions with Iran → oil and futures could react violently
Recommendation : Avoid OIL this week, especially futures and naked strategies
🛡️ Prefer Downside Protection?
If you expect weakness on SPX weekly:
Consider a put debit spread with the short leg at 5950, where the second strongest Put Support sits.
This type of structure can offer up to 6:1 reward-to-risk, making it one of the most efficient bearish hedges for this week.
If you enjoyed the above breakdown, feel free to check out my previous weekly analyses or explore my tools as well.
Until next time – Trade what you see, not what you hope,
– Greg @ TanukiTrade
Nasdaq longThe last bullish structure never did a deep mitigation, reach an demand and trade up to higher highs. Price is in a HTF consolidation, bears and bulls are pushing price between a large range at the moment.
Upcoming week will show a lot of high impact news events, I'm expecting price to continue bullish. It's a matter of time.
SPX vs VIX: Is this a sign of a bullish market?VIX has seen a strong decline in the past 2 months following the massive surge of Feb-March due to the Tariff War. In contrast, the S&P500 rose massively to almost its ATH, which is a natural response as the two assets are negatively correlated. This VIX pattern has been seen during every major market bottom in the past 15 years, the strongest of which was the 2020 COVID crash. This is a sign of a very bullish market, TP = 6,800 by the end of the year.
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DXY (bearish?)The herd is completely bearish on the dxy, but the chart is showing something else.
The herd is an amazing indicator
What do we see:
-Still in an uptrend
-the 200 ema (blue line)
-A resistance trendline becoming a support trendline?
-A bull flag, so the under part of the flag
So crossing of those 3 trendlines and the 200 ema is telling me that probably this chart is bullish.
MAJOR TOP IS NOW IN PLACE 5th wave up from 4835 has ended 6059The chart posted is that of the sp 500 and I now have counted 5 waves up as ending based on this wave structure I will look for two things to happen a rather deep ABC if there is a bull market intact and it should decline in 3 waves back to .236/382 area from 6059 - 4835 The 4th wave or A low This MUST HOLD at .382 or The cycle has ended the 5 wave sup from march 23 low 2020 I sold longs this morning based on NAAII exposure and Now have moved to a 100 % long VERY DEEP IN THE MONEY PUTS 2027 Best of trades The WAVETIMER
Nikkei 225 Coiling in Ascending Triangle – Breakout Imminent?The Japan 225 (Nikkei) is consolidating just beneath a major resistance level around 38,776, forming a classic ascending triangle pattern. Price has been compressing into higher lows while repeatedly testing the horizontal ceiling, hinting at a potential bullish breakout.
Key Technical Observations:
Pattern Structure: The ascending triangle, defined by rising trendline support and horizontal resistance, suggests bullish pressure is building.
Moving Averages: Price trades above both the 50-day and 200-day SMAs, reinforcing the medium-term bullish trend.
MACD: Remains flat but in positive territory, indicating underlying strength even amid consolidation.
RSI: At 58.7, RSI is neutral to bullish, showing room for further upside before entering overbought territory.
A confirmed breakout above the 38,776 resistance would validate the ascending triangle and potentially trigger a fresh bullish leg. Conversely, a break below the rising trendline would invalidate the pattern and suggest deeper consolidation or correction.
This setup favors bulls as long as the higher lows remain intact. A decisive daily close above resistance could accelerate momentum toward new highs.
-MW
DowJones bullish consolidation supported at 41800Key Support and Resistance Levels
Resistance Level 1: 42890
Resistance Level 2: 43540
Resistance Level 3: 43940
Support Level 1: 41800
Support Level 2: 41400
Support Level 3: 41100
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
NASDAQ Long-term looks brighter than ever!Nasdaq (NDX) has been trading within a massive Channel Up since the bottom of the 2008 U.S. Housing Crisis and during the April 07 2025 bottom, a very distinct bullish signal emerged.
The index hit its 3W MA50 (blue trend-line) for the first time since May 2023. As you can see, since the 2008 Crisis, every time the market rebounded after hitting the 3W MA50, it posted a rise of at least +62.06% before the next time it touched it (and that was on the highly irregular COVID crash).
As a result, we expect to see NDX hit at least 26500 (+62.06%) before a new 3W MA50 test. Chances are we see the market move much higher though.
Note also the incredible bounce it made on the 3W RSI 14-year Support Zone.
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