UNFINISHED BUSINESS DOWN SOUTHFOREXCOM:SPX500 we have a daily wick fill in progress to the up side creating a FVG on the 4hour.. with that being said, looking for resistance area between 5985-6000 then a continuation back southbound to fill the 4 hour imbalance then travel back north.Longby ButtNakedTrader0
Nightly $SPX / $SPY Predictions for 12.23.2024🔮 📅Mon Dec 23 ⏰10:00am CB Consumer Confidence 📅Tue Dec 24 ⏰8:30am Core Durable Goods Orders m/m Durable Goods Orders m/m ⏰10:00am New Home Sales Richmond Manufacturing Index 📅Thu Dec 26 ⏰8:30am Unemployment Claims 11:00am Crude Oil Inventories #trading #stock #stockmarket #today #daytrading #swingtrading #charting Shortby PogChan2
Potential bullish rise?S&P500 is reacting off the pivot and could rise to the 1st resistance. Pivot: 5,869.57 1st Support: 5,707.08 1st Resistance: 6,093.53 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets4
Another drop for SPX500USDHi traders, Last week SPX500USD made a correction up, broke through the lower Daily/ Weekly FVG and took the liquidity under the low (of blue wave 4). After price closed below the Daily/ Weekly FVG, it became a Balanced price range (BPR). So next week we could see a correction down and a retest into the Weekly/ Daily BPR. After that this pair could drop again. Trade idea: Wait for the correction down and retest into the BPR's. After a change in orderflow to bearish, you could trade shorts. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals. Don't be emotional, just trade! EduwaveShortby EduwaveTrading118
SPX 500 Fractal #SPX500 | #SPX | #US500 Fractal for SPX - US 500 Index, do you see a massive CRASH coming or i am wrong ?Shortby AlmuhandesKSA1
SPY, Major Warning has been signalled for the stock market. The stock markets have been rattled by a concerning development that historically has been a precursor to increased volatility and economic uncertainty - the uninversion of the yield curve. In December, long-term interest rates fell below short-term rates, reversing the inversion that had been in place. This yield curve uninversion is often viewed as a potential warning sign of an impending recession, as it has preceded the last seven recessions in the United States. Looking back at past data, the last time the yield curve was uninverted in this manner was in 2019, just before the COVID-19 pandemic triggered a major market downturn. Prior to that, it uninverted in 2006-2007, shortly before the Great Recession hit in 2008-2009. While the yield curve uninversion does not guarantee an imminent recession, it has proven to be a reliable leading indicator of increased market volatility and economic slowdown. Trade safe, Trader Leo09:27by BTM-LEO5512
Perhaps a 'Santa Rally' is just one step away to begin in 2024Stock markets often enjoy a seasonal share boost during the festive period. It's been two unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally. Shares have much wide, breather and better performance so far in 2024, amid trade and geopolitical tensions, high inflation and high interest rate. So... while children are compiling their Christmas lists, traders also want some sweet candies. Traditionally, festive cheer and holiday household spending make the markets more optimistic during the holiday season, boosting investor portfolios. But will 2024 follow the trend? The "Santa rally", a term coined in 1972 by Yale Hirsch, the founder of the Stock Trader’s Almanac, "describes a tendency for the stock market to go up by 1% to 2%" over final five trading days of the outgoing year and the first two of the new one, said Forbes Advisor . This period has "historically" shown higher stock prices in the S&P 500 SP:SPX 79.2% of the time, says Investopedia . What drives the Santa rally? Reasons for the Santa rally are vary and one explanation is the cheery "end of year mood" that means investors are in more of a "buying temperament" rather than selling shares, which pushes up stock prices Will there be a Santa rally this year? Probably, Yes. September quarter capped off the best 12-months return (+36.36%) for S&P500 Index since the pandemic stock market recovery in 2020, so there are a lot of hopes that stars will align, and momentum in the markets, helped by declining U.S. interest rate, will push prices higher in the run-up to Christmas. Sure, there is "no guarantee", though. Sometimes it happens. Sometimes it is not. The odds of a Santa rally may be in your favor, but the "best option" (author's opinion) is to do nothing, remain invested and be "pleasantly surprised" by another strong month by the new year. The main technical graph for S&P500 Index says that we right now.. already somewhere above to 6'000 points for SPX Index, and just one step to break it out to reach the next one half-a-mile, i.e. 6'500 points by the end of the year. Just follow the major upside trend, that's been taken earlier this summer. And that is all. Merry Christmas y'all, TradingViewers! See you in a Happy New 2025 Year! 💖💖 by PandorraResearchUpdated 333
Critical Levels in S&P 500 Index this weekNavigating the S&P 500: What to Watch This Christmas Week If you look at the S&P 500's technical chart, you'll notice something intriguing: Friday's rebound wasn't just any rebound — it came with a surge in volume. The Index is flirting with its 50-day Moving Average, a key indicator with investors on edge. As long as macroeconomic data doesn’t throw any curveballs, there's a promising outlook for a festive rally in the stock market this Christmas week. My eyes are on the 6,000 mark for the SPX as a pivotal point. If the momentum continues, we might even see it touch 6,100, which could be the ceiling for this bullish run.by IrinaTK110
SPX Ascending Wedge BreakSPX had a clean break and retest of its ascending wedge last week. It was a strong move back up off of 5850, but it rejected on the retest. Range is now from 5,850 to ATH. Looking to see if bulls can reclaim that trendline or not. For now I'd be bullish above 5,850 and bearish below. Downside target would be the election gap fill and/or the previous ATH around 5,669. We're still near ATH so that will continue to be the upside target. Long confirmation would come if it reclaimed the wedge + the descending trendline above.Shortby AdvancedPlays331
Very Bearish Elliott Wave Pattern The S&P 500 (SPX) since its all-time high appears to be forming a series of "one's" and "two's " to the downside. This could be the prelude to a very large decline in early 2025. Short-term the SPX could rally into the low 6,000 area soon. If so his could be an important peak. Shortby markrivest5
SPX Hours needed to buy 1 shareHow expensive is the market? The average wage earner has to work 167 hours to buy 1 share of the S&P 500. A new historic all-time high! The markets are crazy expensive! The inflation no one shows you or talks about is driven by massive deficits and cheap money. Extreme Caution is in order!Shortby RealMacro119
S&P 500 Bullish Outlook Pending Sustained Break Above 1M PPHello, VANTAGE:SP500 has closed above the 1-month pivot point, signaling potential for further upside, even though sellers are currently exerting strong pressure. What we need now is a sustained position above the 1-month pivot point, and if that occurs, we could be in for a significant move upward! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33443
[Education] The Brutal Truth About Trading DisciplineHere's what nobody tells you about trading discipline. It's not about motivation or willpower. You can't just "try harder" to be disciplined. If it were that simple, everyone would be profitable by now. Think about these scenarios. You see a setup forming but it's not quite perfect. You take the trade anyway because "close enough is good enough". Your stop loss is about to get hit, but you move it because you "feel" the market will reverse. You're down for the week and decide to risk 5% instead of your usual 1% to "recover losses". Sound familiar? These aren't strategy problems. These are discipline problems. Why Discipline Is Harder Than It Looks When you're backtesting, everything seems easy. You can fast forward. Drawdowns can be recovered easily. You don't feel the emotional impact of losing trades. You're not watching your real money disappear. But in live trading, every loss feels personal. It sucks when you miss an opportunity that could have given you a homerun trade. When a winning trade turns into a loss, you feel like pulling out your hair. I remember one trade where I had a perfect setup. Everything aligned with my trading plan. I got greedy. I didn’t close my trade at 2R profit as planned. I held onto the trade. The market reversed. My winning trade turned into a loss. That one moment of indiscipline cost me $500. But the real cost was much higher. It damaged my confidence and made me doubt my strategy. The Hidden Cost of Lack of Discipline Let's talk numbers. A strategy with 40% win rate and 1:2 RRR is profitable. However, if you cut winners early, that same strategy becomes a losing one. Instead of closing at 1:2 RRR, you closed at 1:1 RRR. With an average of 1:1 RRR, you need at least a 50% win rate to be breakeven. Things will get worse if you increase risk. If you increase your risk and lose, that one bad trade can wipe out a month of profits. The Framework That Changed Everything After blowing multiple accounts, I developed this simple framework that transformed my trading: Pre-Trade Checklist Write down entry, stop loss, and target BEFORE entering Calculate position size based on 1% risk Take a screenshot of your analysis Compare setup with your trading plan During Trade Management No looking at charts if you're set-and-forget No moving stop losses unless to breakeven No adding to losing positions No checking P&L constantly Post-Trade Review Journal every trade, win or lose Score yourself on discipline, not profits Review weekly to identify patterns Celebrate when you follow rules, regardless of outcome The Psychology Behind Discipline Here’s something interesting. When I trade funded accounts, my discipline improves dramatically. Why? Because it's not my money. I treat it like a business. It’s capital I would lose if I am not disciplined with my trades. This taught me something crucial. To be disciplined, you need to trade like a business, not a gambler. You have to focus on the process, and not the outcomes. You won’t be able to predict the outcome anyway. Accept that losses are part of trading. They are your business expenses. Once you’ve accepted that losing is inevitable, you will be able to keep your emotions out of trading. Taking Action: Your Next Steps Here’s what you should do next after learning from my framework. First, start small. Use a demo account to practice following rules. If you want to trade live, then trade minimal size while you build your discipline in trading. Only scale up when you can follow your plan for 20 trades straight. If you break your rules for 1 trade, restart the whole process. Next, create accountability for yourself. Share your trades with a mentor or trading buddy. Post your analysis online before entering trades. Review your trades at the end of the week. See if you have broken any of your trading rules this week. Lastly, build better habits. Set up your trading environment for success by removing distractions during trading hours. Keep your phones and social media away from you. Create a pre-trade ritual. That can be meditating, or simply just close your eyes. Remember to also reward yourself for following rules, not for profits. The Transformation You Can Expect When you are disciplined, your equity curve becomes smoother. You will not see a big drop in your equity curve due to excessive loss taken on 1 trade. Your stress levels decrease and confidence increases. You aren’t afraid of being wrong and being FOMO’d into entering earlier. As such, your results become consistent. Remember, every successful trader you admire has gone through this same journey. The difference between them and the 95% who fail isn't their strategy. It's their discipline. I'm now managing multiple six-figure funded accounts, not because I found a better strategy, but because I finally learned to follow my rules. The question isn't whether you know what to do. It's whether you can do what you know you should do. by Keeleytwj3
$SPX - idea from the historyI've just faced an unpublished idea about SP:SPX . Will publish it in the mid on the road. ) Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view.Longby furoreggsUpdated 2
The S&P500 is struggling to reach its previous peak The S&P500 is approaching the 5914-5892 support range on the one-hour timeframe after a price decline. This area acts as strong support due to previous reactions and a crossover with the 50% Fibonacci retracement level. The price reaction to this support area indicates buyers’ willingness to increase their strength. The bullish candles that will form after hitting this level indicate a possible price reversal. If this level holds, a move towards the targets of 6033 and then 6126 is possible in the short term. However, a break of the support level of 5892 could lead to a further decline and a drop to lower ranges. Traders should pay attention to the price reaction to these ranges as well as trading volume.Longby arongroups1
S&P 500 Daily Chart Analysis For Week of Dec 20, 2024Technical Analysis and Outlook: During this week's trading, the S&P 500 index exhibited considerable volatility after reaching our critical support level of Mean Support 5870. Subsequently, it demonstrated a robust upward recovery. This development is anticipated to facilitate the impending phase of the renewed interim rebound, with the objective of retesting the Key Resistance level at 6090, thereby paving the way for continuing the bullish trend. However, it is crucial to recognize that a retest of the Mean Support 5870 remains a great possibility.by TradeSelecter1
S&P500 5 month Channel Up bottomed. Bullish reversal started.S&P500 / US500 is trading inside a Channel Up since the August 5th bottom. Wednesday's Fed fueled correction crossed under the 1day MA50 but stabilized yesterday and today found support over the 1day MA100 and rebounded. This low is very close to the bottom of the Channel Up and the 1day MA100 was the level that supported the early September pull back. The 1day RSI is also reversing, and the 3 times it posted a similar pattern inside the Channel Up, it was a bottom. Buy and target 6200 (+7.10% from the bottom). Previous chart: Follow us, like the idea and leave a comment below!!Longby TheCryptagon5
Market Breadth showing Weakness Market Breadth showing Weakness. Drops back below key level. Yield curve starting to steepen, breaking the longest inverted period in history. Looking for the next red monthly inside candle early next year to start getting bearish. Only two rate cuts anticipated next year instead of four.by TheTradersBias2
SPX500 Rebounds: Market Optimism or Fed Reassessment in Focus"The SPX500 is bouncing back from the FOMC sell-off, signaling market optimism or reassessment of the Fed's stance. Key drivers include rate expectations, upcoming economic data, and sector performance. Watch for sustained momentum or signs of caution. Longby stanleycrypto_12
SPXUSD Daily Has A Inverse Cup & Handle Hey fellow traders and followers! I have to point out a possible inverse cup & handle and targets if she plays out in SPX Oanda. Breaking point on daily is 5881.6 after which would trigger bears to take over the show and bring us down to the measured move of 5751.3 area. If that area breaks after being tested with a fail we falllll --- ----- --5643.3------------ Market sits in no man's land I like to call it being bulls and bears on both sides of this rope in a tug of war. Be very very cautious at this time as charts in bigger TF's are starting to spell( FALL ) Don't get hurt on this one as this fall will give you more than just a scrape on the knees, more like a broken leg or worse. Trade with caution and best of luck in all your trades. Cheers!Shortby Trade-FarmerUpdated 223
Market SnapshotQuestions I've been asking myself lately: Is my Bank safe? If the market crashes will they survive? While they fight for survival is my money at risk being with them? Do I have enough money saved so that if my job decides my services are no longer needed my family is not immediately or permanently at risk? What's the safest vehicle to put my money in a highly inflationary environment? What's the safest vehicle in a deflationary environment? What if the price of oil doubles over the next 5 years? You really need to buy more gold and silver (not a question just talking to myself) How will I take advantage of the housing crash that's looming? Why haven't you opened a family trust yet and put all of your assets under the care of? Shortby Heartbeat_TradingUpdated 13
SPX //S&P500 is looking a bit shaky...lines go back to Dot.comMore charts of momentum of the old X (twitter-verse)...due to limited ideas sharing here... But analysis on just the monthly timeframe is shown...have more on NVIDIA too on X Not redirecting traffic, just limited here to share. Trade or short according to your Doc's recommendations of stress controllability. by CYQOTEK0