The stage is setThe stage is set in the S&P 500 daily chart for a potential kick in volatility on Friday as we go into the weekend. Even though we've had a down day on Thursday, the potential for a rally is set up.
About S&P 500 E-mini Futures
S&P 500 — short for Standard and Poor's 500, is a United States stock market index based on the market capitalizations of the top 500 companies that have common stock listed on the New York Stock Exchange or NASDAQ. With its headquarters in New York City and dating back to 1860, Standard and Poor's has offices in 23 countries and maintains the SP 500 index. Over $1.25 trillion USD is indexed to Standard and Poor's portfolio of indices, which includes the S&P 500. The S&P 500 index seeks to reflect the status of the whole stock market by tracking the return and volatility of the 500 most commonly held large cap company stocks on the NYSE, capturing approximately 80% of total market capitalization. The 500 companies comprising the SP500 span all major industries and are selected based on their market capitalization, liquidity, ability to be traded, as well as other factors. Additionally, the importance of the SP500 is highlighted by its use as an economic indicator of the health of the United States economy.
S&P 500 – Corrective Structure in Progress
Everything is unfolding as planned for TVC:SPX AMEX:SPY OANDA:SPX500USD : after a completed impulse to the downside, we're seeing a complex WXY correction, with wave (y)potentially ending around the 0.618 retracement level and the MA20w.
Currently, wave B of the second leg is developing. O
ES UpdateGap is still open but market is cycling down. RSI is not oversold yet. Probably a bounce when RSI hits oversold, but I don't expect a big one until the daily gets oversold.
Market took such a big shit that firms had to sell gold futures for to cover losses and margin calls. So gold is red now a
ES UpdateSo MFI hit oversold this morning as the gap filled, so I figured we'd get a bounce....
but it looks like hedge funds sold off every algo pump and MFI totally flatlined at the bottom.
How do I know hedge funds were liquidating? Crap like FCEL went green because they close their short positions when
They Shut Down the AlgosYou can see in the chart that during the initial Feb/March drop that the algos were still running, and we'd see at least a small bounce when MFI/RSI got oversold, however you can see that they shut the algos down yesterday, MFI totally flatlined for 2 days which is something that did not happen on t
Liberation or Liquidation Day? I am long on the 618Was this a liquidity grab today?
I am long here willing to risk 100k I will alert yall step by step just drop a like!
Sp500 Weekly Action Areas & Price Targets 31/03/25In this update we review the recent price action in the emini SP500 futures and identify high probability action areas and price targets fort he trading week ahead!
ES - Day Trading Analysis With Volume ProfileOn ES , it's nice to see a strong sell-off from the price of 5619 and 5651. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers wi
A tense market environmentAlthough the S&P 500 daily chart indicates a market that got low enough to find buyers, it is a tense market environment as the market waits for the tariff announcements on Wednesday.
ES UpdateLooks like they turned the algos on so here's the 3hr chart update.
Just because they turned the algos on doesn't mean good news for the bulls, ES MFI is almost overbought, I expect it to get there at market open. 7am right now.
So basically I'm expecting the market to fill the down gap then drop
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of S&P 500 E-mini Futures is 5,432.75 USD — it has fallen −4.16% in the past 24 hours. Watch S&P 500 E-mini Futures price in more detail on the chart.
The volume of S&P 500 E-mini Futures is 2.35 M. Track more important stats on the S&P 500 E-mini Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For S&P 500 E-mini Futures this number is 2.10 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for S&P 500 E-mini Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for S&P 500 E-mini Futures. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of S&P 500 E-mini Futures technicals for a more comprehensive analysis.