S&P500 Short: Ending DiagonalHi all, over here, I presented a cleaned-up chart of the EW counts for S&P500 and gave 2 entry points for shorting. The most important points are here:
1. 5th wave completion (or completing)
2. Ending Diagonal: will follow a sharp move down.
Alternatively, you can wait for a breakdown of the lower trendline to short.
Good luck!
SP500 trade ideas
SPX500 – Consolidation Between 5966–5990, Breakout to Set DirectSPX500 | Technical View
The price is currently consolidating between 5966 and 5990.
A 1H or 4H candle close below 5966 would confirm bearish momentum, with downside targets at 5938 and 5905.
However, as long as price trades above 5966, the outlook remains bullish, targeting 5990.
A 1H close above 5990 may extend the move toward 6010 and 6030.
Resistance: 5990, 6010, 6030
Support: 5938, 5905, 5858
SPX500 BUYGreeting there traders this is my analysis on
📊 S&P 500 – Potential Elliott Wave 3 Formation | Long Setup
The current 4H chart of the S&P 500 suggests a potential bullish continuation based on Elliott Wave Theory. Here's the structured breakdown:
🔹 Wave 1: Initiated after a failed breakout and sharp reversal from a previous resistance zone. This impulsive move marked a key shift in trend structure.
🔹 Wave 2: A corrective phase followed, consolidating near the support area (~5,915), respecting previous demand.
🔹 Current Price Action: Price has broken above the minor resistance at 6,000, indicating the potential beginning of Wave 3, which is typically the strongest and most extended wave in the sequence.
📈 Trade Setup:
Entry: Above 6,000 (confirmation of breakout and wave continuation)
Stop Loss: Below 5,915 (invalidates bullish structure if broken)
Target Zone: 6,167 – 6,170 (aligned with prior resistance and wave projection)
🔍 Additional Notes:
The breakout is supported by a clean structure and rejection from key support.
Ideal scenario would involve increasing volume and continuation with higher highs and higher lows.
📌 Bias: Bullish – targeting Wave 3 extension.
⚠️ Always manage risk accordingly and watch for signs of exhaustion or divergence.
Dear Traders like,comment let me know what do you think?
S&P500 Index (US500): Bullish Accumulation Pattern
I spotted a nice example of an ascending triangle pattern on a daily time frame.
To confirm a bullish continuation, we will need a bullish breakout
of its neckline.
A daily candle close above 5996 will provide a reliable confirmation.
A rise will be anticipated at least to 6080 resistance then.
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[06/09] [GEX] Weekly SPX OutlookLast week’s outlook played out quite well — as anticipated, SPX hit the 6000 level, closing exactly there on Friday. This was the realistic target we highlighted in last week's idea.
🔭 SPX: The Bigger Outlook
It's difficult to say whether the rising SPX trend will continue. We're still in the "90-day agreement period" set by the administration, and so far, the market has shown resilience, avoiding deeper pullbacks like the one we saw in April.
With VIX hovering around 17–18, we’ve reached a zone where further SPX upside would require volatility. For the index to continue rising meaningfully, it needs to reverse the current bearish macro environment, and that can only happen with strong buying momentum — not a slow grind.
The parallel downward channel drawn a few weeks ago is still technically valid. Even a short 100-point squeeze would fit within this structure before a larger move down unfolds.
GEX levels give us useful clues heading into Friday. We're currently in a net positive GEX zone across all expirations, giving bulls a structural advantage, just like last week.
As of Monday’s premarket, SPX spot is at 6009.The Gamma Flip zone is between 5975–5990, with a High Volume Level (HVL) at 5985.
🔍 Let’s zoom in with our GEX levels — this gives us a deeper view than our GEX Profile indicator for TradingView alone.
🐂 🟢 If SPX moves higher, the following are logical profit-taking zones:
6050 (Delta ≈ 33)
6075 (Delta ≈ 25)
6100 (Delta ≈ 17)
🎯 Targeting above 6100 currently feels irrational — for instance, the next major gamma squeeze zone is at 6150, but that corresponds to a delta 6 level (≈94% chance the price closes below it), so I won’t aim that high yet.
🐻🔴 In a bearish scenario:
5975 and 5950 are the first nearby support zones (Deltas 30 and 38).
If momentum picks up, 5900 becomes reachable quickly, even if it's technically a 17-delta distance — because that’s deep in the negative GEX zone.
📅 Don’t forget: On Wednesday premarket, we’ll get Core Inflation Rate data — a key macro risk that could shake things up, regardless of TSLA drama fading.
📌 SPX Weekly Trading Plan Conclusion
Whatever your bias, keep cheap downside hedges in place. We've been rising for a long time, and even if SPX breaks out of the descending channel temporarily, resistance and the gamma landscape may pull price back swiftly.
up or down...Hello friends🙌
🔊As you can see, the US500 index has been identified with several resistance encounters and the good support that the price has been able to break the resistance and turn it into support. Now, according to today's news, it seems that the price is targeting higher targets that we have identified for you.
In case of correction, it has strong support ahead of it, which we have identified with a white line, but don't forget that buyers have entered...📈
🔥Join us for more signals🔥
Trade safely with us.
A little more upside for SPX500USDHi traders,
And again my previous outlook of SPX500USD played out as I've said. After a small correction we saw the continuation of the upmove to the Daily FVG.
Next week we could see price come into the Daily FVG and reject from there for a correction down.
Let's see what the market does and react.
Trade idea: Wait for a small correction down on a lower timeframe to trade short term longs into the Daily FVG.
If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
SPX500 Holds Steady as Markets Eye US-China Trade Developments SPX500 Overview
U.S. stock futures were little changed on Tuesday as investors awaited key developments from the U.S.-China trade talks underway in London.
Technical Outlook (4H Chart):
The index is experiencing cautious movement amid ongoing tariff tensions and geopolitical uncertainties.
Bullish Scenario:
A sustained 4H close above 6030 could confirm bullish momentum, with upside targets at 6066 and 6098, potentially extending toward a new all-time high (ATH).
Bearish Scenario:
As long as the price remains below 6010, bearish momentum may persist, targeting the support levels at 5966, followed by 5938 and 5902.
Support: 5966 • 5938 • 5902
Resistance: 6066 • 6098
06/02 Weekly GEX Analysis - 6000 Looks EasyThe biggest event last week was undoubtedly the court ruling involving Trump. The market responded with optimism, and on Thursday premarket, SPX surged toward the 6000 level — only to get instantly rejected. That strong rejection suggests this is a firm resistance zone.
From the GEX expiry matrix, it's clear that the market is hedging upward for this week, but downward for next week. To me, this indicates that while the near-term GEX sentiment remains slightly bullish, the market may be preparing for a pullback or retest in the medium term.
This week, SPX has already entered a GEX zone surrounded by positive strikes — up to around the 6000 level. That makes 6000 an “easy target” for bulls, and we’ll likely see profit-taking here, just like we did last Thursday premarket.
⚠️ However, if we look more closely at the weekly net open interest:
...we can see a strong bullish net OI build-up starting to emerge around the 6100 level — a price zone that currently feels distant and even unreachable. But if the 6000 resistance breaks, we could see a fast gamma-driven squeeze up to 6050 and possibly 6100 before the next wave of profit-taking kicks in.
As is often the case during bullish moves, the market seems blind to the bigger picture — no one’s looking down, only up. The mood is greedy, and momentum favors the bulls... for now.
Never underestimate FOMO — but also never underestimate Trump. He’s unlikely to accept the court’s decision on tariffs quietly. Any new negative headline could shake the market, no matter where price is sitting…
S&P500 awaits Trade Balance and Jobless Claims figuresTrump Tightens Immigration: Bans people from 12 countries, limits entry from 7 more, and blocks foreign students from attending Harvard.
Russia-Ukraine Tensions: Putin plans to strike back after a Ukrainian drone attack. Trump says Russia’s allies won’t profit from rebuilding Ukraine.
UK Housing Boom: Home sales rose 6% in May, the strongest in 3+ years, despite the end of a buyer tax break.
Germany & U.S.: German politician Friedrich Merz meets Trump today. At home, Germany faces rising public concern about tough economic times.
ECB Rate Cut Likely: The European Central Bank is expected to cut rates by 0.25% to 2%, but may slow further cuts soon.
Key Support and Resistance Levels
Key trading leel is at: 6000
Resistance Level 1: 6090
Resistance Level 2: 6140
Resistance Level 3: 6200
Support Level 1: 5900
Support Level 2: 5845
Support Level 3: 5800
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S&P500: Gearing up for a push to 6,100S&P500 is bullish on its 1D technical outlook (RSI = 64.611, MACD = 85.830, ADX = 19.630) as it has been trading inside a Channel Up for over a month. Right now it is halfway through the new bullish wave. We expect it to rise by at least +4.40%, same as the previous one. Stay bullish as long as the 4H MA50 holds, TP = 6,100.
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The close - no bells ring at a topMy feeling right now is one of deja vu. Like the bottom before the president delayed tariffs, there was no volume and my assumption was we would go a bit lower. Here we have no volume and my assumption has been we will go a bit higher. Could we top here? It's possible. The bear divergences are pointing to a move down at least temporarily.
S&P 500 Daily Chart Analysis For Week of June 6, 2025Technical Analysis and Outlook:
The S&P 500 Index has demonstrated an upward trajectory during this week's trading session, surpassing the established Outer Index Rally level of 5955 and the Key Resistance level of 5965. Currently, the index is exhibiting a bullish trend, with a focus on the Outer Index Dip target, set at 6073. Furthermore, additional critical levels have been identified, including Key Resistance at 6150 and the Next Outer Index Rally at 6235. Conversely, there is a potential decline in index prices from the current level or upon completion of the Outer Index Dip 6073, which may lead to a retest of the Mean Support at 5940, with the possibility of extending the pullback to the Mean Support at 5888.
Falling towards pullback support?S&P500 is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 5,780.17
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 5,689.40
Why we like it:
There is a pullback support level that is slightly below the 50% Fibonacci retracement.
Take profit: 5,973.58
Why we like it:
There is a pullback resistance level.
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SPX500 Macro + Technical + Probabilistic AnalysisPublished: June 3, 2025
🔍 Chart Breakdown (Daily | LuxAlgo + EW + SMC)
Structure Summary:
🔶 Wave Count: Completing Wave (5), with price nearing exhaustion
🔴 Weak High Zone: ~6,100–6,200 = liquidity magnet
🟥 Premium Zone: Between current price and 6,426
🟦 Equilibrium Zone: ~4,950–5,150
🟩 Discount Zone: ~4,150 = long re-entry or cycle bottom if correction occurs
📅 Key Timing Line: June 17, 2025 = potential reversal date (time-based confluence)
Volume Analysis:
🔊 Volume spikes at Wave 2 and Wave 4 suggest reactive participation
📉 Lower volume into recent highs suggests distribution, not accumulation
🔁 Multi-Timeframe Outlook
Timeframe Direction Probability Rationale
Intraday (15M) Bearish 60% Weak high rejection, premium zone swept, liquidity-based reversal
Swing (2–3 weeks) Bullish → Bearish 70% to 6,420 → then reversal Wave 5 completion into supply zone, followed by corrective ABC
Macro (Q3–Q4 2025) Bearish 80% Likely mean reversion toward equilibrium (5,000) or discount (4,200)
📊 Key Price Zones to Watch
Level Label Strategy
6,426 🎯 Wave 5 Target Look for exhaustion, divergence, or liquidity sweep
6,150–6,200 🟥 Weak High / Premium Possible fake-out zone or reversal trigger
5,900 🔵 Short-term support Likely retest zone on first rejection
5,150–4,950 ⚖️ Equilibrium Mid-cycle mean reversion target
4,150 🟩 Discount/Strong Low Long reload zone if correction deepens
⚠️ Risk Considerations
Macro Data Watchlist: June 12 CPI + June 17 FOMC = macro catalysts for Wave 5 peak
Invalidation: If price holds above 6,450 after June 17, EW count must be adjusted
Alternative Count: Parabolic Wave 5 extensions can overshoot — be cautious shorting early
The Second Blow-Offanyone casually looking at long-term charts can see in recent history on the monthly scale one of the most violent blow-off tops started In 1995-2000, running those 5 years up 240%. interestingly, my target and the number of years it takes to reach since the post-covid lows is almost the same
SPX: tariffs weekly tweet updateThe US Administration trade tariffs continue to bring confusion among market participants, but despite this, the S&P 500 managed to end May with a gain of 6,2%. The tariff-weekly-news included the announcement of the US President on social media that China “violated” current tariffs agreement. Although there were no further explanations, Bloomberg published information from an uncited source, that the US is planning to bring tariffs to China tech sector. At the same time, there was no official confirmation from the US Administration. The European Union is considering countermeasures on the US, after the announcement of the US Administration on an increase of tariffs on steel from 25% to 50%. All these ping-pong tariffs measures from the last period are causing some investors to slowly lose temper, with comments like “If you are an investor, you want to bet on good earnings, not good tweets about tariffs”, as Jay Hatfild from Infrastructure Capital Management told to CNBC. This brings some confidence that the markets will not make stronger moves on tweets, but only to actual moves of the US Administration in the coming period. Trading during May might provide some confidence also for the future period.
In line with investors, the University of Michigan Consumer Sentiment showed some relaxation with the final May data. The indicator ended the month at the level of 52,2 a bit better from estimated 51. The most important are inflation expectations which also eased a bit from previous release, in which sense five year inflation expectations are currently at 4,2%, and below market estimate of 4,6%.
The market confusion will most certainly continue also during June, but it seems at the lower volatility levels. More attention will be turned to macro data, and company earnings. The first trading week in June is bringing US jobs data, including the Non-farm payrolls, which might bring back some volatility on US equity markets.