SPX500SPX500 still there bullish trend, I see SPX500 have experiencing weakeningin the past few weeks. I view SPX will going to new support with target price 4520
SP500 trade ideas
SNP500 / SPX🔍 SPX/USDT Analysis: Daily Timeframe 📉
SELL IT!
The SPX chart on a daily timeframe highlights significant upcoming dates where price movements may present trading opportunities. These should be analyzed in conjunction with higher timeframes for a comprehensive market view.
• September 3, 2024 - Red Line: This date marks a potential local peak. Traders might consider this as a moment to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• December 6, 2024 - Red Line: This date is another potential local peak, signaling a possible moment to exit positions before a downturn.
When working with this daily timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective.
Note: The exact timing of these phases can vary by +/- a few days. All times are based on UTC-7 (Los Angeles).
S&P 500 at Decision Zone: Relief Rally or Continuation Lower?📄 The hourly chart is currently at a critical inflection point after a steep drop from recent highs. We’re seeing signs of a potential corrective rally forming, but the battle between bulls and bears is far from over.
🧭 Key Zones to Watch:
Fib Resistance (0.55–0.62): 5,400–5,536
Bullish Breakout Target: 5,707
Bearish Breakdown Target: 4,925
Neutral Pivot: 5,061 (current consolidation zone)
📊 If price reclaims and holds above 5,536, a continuation toward 5,707 becomes likely.
🚨 However, a rejection in the Fib zone followed by a drop below 5,061 may confirm renewed bearish momentum targeting the 4,925 region.
This setup provides clear structure for both bulls and bears. Keep an eye on volume, price action confirmation, and respect risk management.
💡 Comment your thoughts below! Are you leaning bullish or bearish here?
SPX Drop Likely to Reach Between 4832 and 4933SPX Drop Likely to Reach Between 4832 and 4933
There are two likely targets for the current plunge that are good candidate for where strong demand will emerge.
The first is the blue up-trend line drawn from the COVID lows. This line has 4 price touch points already which makes it a solid magnet for another touch point for this current pullback. That target today is 4933.
The second price magnet is the purple horizontal line drawn from the January 2023 high. That previous key resistance level, 4832, was eventually overcome in early 2024 which should make it likely support for the 5 week pullback underway.
The key takeaway from my point of view is that this recent sharp downdraft may just be typical back-filling action in a CONTINUED uptrend. If correct, SPX will find its footing somewhere in the yellow highlighted area intersected by the two lines and then resume its march upward to test the January 2025 highs.
So while its true that last week's plunge was breathtaking and may have convinced many that the long-term bull market is over, if you consider the 4 dramatic weekly drops that took place during the initial market reaction to COVID, you can see that similar drops can just be temporary pullbacks in what will eventually be a successful test of the primary bullish trend.
Possible opportunity to buy the S&P500 under the 20DMAHarmonic levels, previous resistance, 50DMA, and 20DMA all point towards the green range. Come June, I think Jerome will continue to cut rates.
I will begin accumulating under the 20DMA.
S&P 500 about to recovery SP500 could recovery here either making a lower high or a higher higher with a bearish divergence before dropping.
SP500,A BIRTH OF A NEW TREND (FURTHER DECLINE EXCEPTED)Sp500 has given birth a to new trend after forming bullish pattern from our previous analysis to give us ATH of 6k. It has form another bearish reversal pattern on weekly timeframe. We might see further declines in coming weeks. Overall target $4700 a $43,00
When is the party over?Inflation ticking back up. Unemployment increasing. Dollar increasing. Geopolitical turmoil. Contentious elections. And yet the market continues to grind up. But when will the music stop? When is the party over?
I'm not making a call to mark the top here but this is setting up for a giant fall. We could continue to grind up to 6000 point, there's no doubt that bulls remain in control. However, the strength of the move up is weak. History doesn't repeat but it often rhymes. Looking back at the historical data, bearish divergences on the Weekly always result in a large pullback.
I am expecting a pull back soon. I do believe a large correction is brewing and I don't want to be caught on the wrong side of the trade.
What am I doing about it? I still think the path of least resistance is to the upside, bulls remain control. So I am using trailing stop losses, taking profits on many of my positions. And looking to open shorts upon weakness. Waiting for confirmation of my bias, especially with a very important couple of weeks of earnings.
Stay tuned, manage your risk and don't let greed get the better of you!
Not financial advice.
are we repeating 1987 and going to 4000 on S&P?Though the correction and market reaction was expected for macro economic conditions, did not anticipate such severe and sharper decline. This doesn't mimic regualr circumstances like healthy and organic correction, rather it mimic covid and 1987 flash crash.
I started to feel now we may repeat 1987 thus may see more downtrend next week or two and slowly world comes to adjust to new conditions and prepare. This could be slow recovery thereafter hardly touching 5100 on S&P by Christmas
S&P 500 Breakdown: 4,790 Worst-Case Scenario in Play?Last week, I warned in this post that if sentiment worsened, the S&P 500 could head toward 4,790 as a worst-case scenario. Fast forward to today, and the index has officially lost the 5,149 support level, opening the door for further downside.
What Just Happened?
📉 Key Support Broken: The market just lost 5,149 (1.0 Fib retracement), which was a major line in the sand.
📉 Momentum Still Bearish: With no strong bounce, sellers remain in control, making 4,790 - 4,800 the next major target.
📉 Next Supports:
4,800 zone: A critical psychological level and my worst-case scenario target.
4,761 (1.618 Fib): A key confluence area for a potential bounce.
If the S&P 500 fails to reclaim 5,149 quickly, then the next downside targets are:
4,800 – A major area I highlighted last week.
4,761 – Aligns with the 1.618 Fib extension, adding confluence.
What Needs to Happen for a Rebound?
For bulls to take back control, the index must reclaim at least 5,149, or risk continued selling. A failed bounce could accelerate the move lower.
🚨 I called 4,790 as a worst-case target last week.
S&P outlook. i think we're currently mid 1987 crash. lines up with a peak fear april 9th and may 27th cut date ( give or take )
literally zero to fear.
jpm collar is 4480.
they're crushing this because of the speed of the trade. they dont wanna fully break the economy. they just wanna liquidate some degens and buy the dip.
learn to love it mane.
this also means small caps rally HARD from may on if this plays out.
should be a BLAST to play this admin if small caps goes on a genny run while the S&p takes a grind and go approach.
bullish on AMEX:MIDU AMEX:TNA AMEX:IWM TVC:RUT SP:MID CRYPTOCAP:BTC CRYPTOCAP:SOL SEED_WANDERIN_JIMZIP900:WIF
SPX short term VP analysisI have done a short term volume profile analysis with support and resistance levels. Market is at long term trendline as well. I Expect a small bounce and some grinding for a week or so fighting the long term trendline.
Personally I think it will crash through the trendline after a week of grinding, but will watch closely and make short term trades
Another aggressive Call Spread 0 DTE SPX20% gain in premium on this one, pretty aggressive.... started at 0.23
-5345 +5350
0 DTE SPX
Two ideas.With the recent price fall, it gives us two Elliott waves ideas.
An ending diagonal, which should take the price down to the $4800/ $4500 level, in a Wave 4. Then a muted Wave 5, which would complete the big wave pattern.
Or this drop is a C wave in an expanding flat pattern. This is a dramatic pattern, which should take the price down to the $3650- $3227 range, and very quickly, before the bull market continues.
Absolute craziness ! SP500 retesting 6k and SHORTHello fellow traders
This idea is mainly based on an assumption this craziness can't go any longer! Look at RSI, the divergency overheated level tested, price channel?? Early recession signs, AI bubble, etc
Please protect your capital, have a SL which won't cause you sleepless nights :D
This is just an idea not a trading advise! Good luck anyone who's with me
Recovery or Pain?Will this be the infliction point or breaking point? Here we have multiple points of importance. Will this be a bounce or a crash?
S&P 500 Crash Idea / Opportunity Cumulation PeriodIf we are lucky, there will be three levels and three opportunities. I am also waiting to see if this really happens and we see a market crash and the SPY go down about 35-40% from its all-time high. We were heavily getting the Tesla options one year prior.
S&P 500 Faces Increased Bearish Pressure as Trade War BeginsThe S&P 500 has formed a downtrend channel following the break below the 5700 support level. Trump's new aggressive tariff policy raised the minimum tariff on China to 54%, while China responded with equally aggressive 34% tariffs. The trade war has now officially begun.
This escalation is clearly negative for the stock market. Recession risks have risen significantly, and it remains uncertain how much the Fed can cut rates while tariff-driven inflationary pressures persist. Rapid rate cuts could help soften the slowdown but may also risk fueling another inflation surge. That would be the more optimistic case for equities. However, the Fed is likely to proceed cautiously, suggesting that bearish pressure could continue for several quarters.
In the short term, the downward trend remains intact. If the S&P 500 breaks the 38.2% Fibonacci retracement level, it may decline further toward the lower boundary of the new trend channel, where a potential bounce could occur. As long as the trend holds, bears remain in control.
Note: Powell is expected to speak today. His remarks carry even more weight following the tariff moves by both the U.S. and China.
Hank Tough - Long ride down to 4,514 for US500Even with better than expect numbers with NFP.
The matter remains that the world is not on great terms with MAGAs Tariff plan. Tariffs are in an indirect way a threat when it comes to trade wars.
Because, there'll need to be reciprocals and larger measures to make up for the mess.
Apparently, the calculations of the tariffs was to make up for the trade deficit, but it means that there'll need to ACTUALLY be the same amount or more of exports - which we know won't happen as there are two types of goods.
Elastic - Where the price and demand and supply changes.
Inelastic - where they a don't change much.
Right now there is a LARGE Inverse Cup and Handle forming on the daily with the price below 20 and 200 - showing strong downside to come.
So, we can expect looking at the pattern to continue to 4,514.
'Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Thoughts?
SPX 10% in 48hrsSometimes a good trade is no trade in itself. That being said.
Historically RARE we don't get a relief rally but we need the fed.
The market will look for the Fed to provide answers.
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Fear and Greed index
Technicals oversold
VIX
Money rotation showing signs of a turn.
XLY/XLP at the back end of January shows weakening of the US consumer.
Are Time and Reason in Harmony in SPX?Are Time and Reason in Harmony in SPX?
S&P 1D Technical and Fundamental Analysis;
This structure, which looks like an ordinary decline on the SPX daily chart ... in fact, we can say that it carries the pieces of a big scenario that develops synchronously both technically and fundamentally.
Let me explain now;
5 December 2024 was not just a breaking point. Because Trump's statements after taking the presidency for the second time, especially the message that ‘customs walls may rise’ had become clear.
In the same week, the uptrend in SPX quickly weakened and declined as the FED gave the message ‘Interest rate cut is not imminent’.
From here, Bullish Sharq started the formation of harmonic formation.
Now comes the week of 1 May.
- FED's interest rate decision,
- Trump's budget plan,
- And one of the critical macro thresholds where company balance sheets are announced.
While everything is going well so far, if we take into account that the chart will also touch a strong trend line, it may mean ‘either a bounce or a collapse from here’.
Because the price in the market does not just move, it looks for reasons .
I would also like to ask you here;
What will greet the market when this date comes?
Harsh interest rate rhetoric?
Trump's aggressive economic agenda?
Or a recovery supported by positive balance sheets?
