Channel TradingBearish breakout: Entry price 6066.1 Take Profit 5961.8 Stop Loss 6164.3Shortby Berzerk_invest0
Scenario on s&p 500 13.12.24We have two scenarios for now, the first one is that if we want to get to the new ath, we need to keep the level around 6060, if that doesn't happen and we break below this level, it is possible that there will be a deeper correction, the first level is 6000, the deepest so far is 5880.by Sony97Updated 0
Nightly Predictions for 12.17.2024🔮 ⏰8:30am Core Retail Sales m/m Retail Sales m/m #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investingby PogChan0
A bullish outlook for S&P 500 trading next weekRecent Performance: The S&P 500 has shown a mixed performance recently, grappling with volatility yet managing to hold above significant support levels. After reaching highs earlier this month, the index has pulled back slightly, indicating some weakness in momentum. Despite this, seasonal trends towards year-end may provide a boost, although the declining market breadth suggests underlying challenges. - Key Insights: Investors should be cautious yet optimistic about the S&P 500 as we approach potential seasonal rallies. The mixed signals from market breadth and expert commentary on overvaluation underscore the importance of strategic trading. Focus on key support levels to confirm bullish trends and prepare to act if resistance levels are breached. - Expert Analysis: Market experts express a cautiously optimistic sentiment, with some anticipating a "Santa Rally" while others warn of the risks associated with overvaluation. The anticipation of potential Federal Reserve rate cuts adds to the bullish sentiment, though concerns over rising inflation and jobless claims need to be monitored closely. - Price Targets: Based on the current analysis, next week’s price targets and stop levels are set as follows: - Next week targets: T1 = 6,100, T2 = 6,200 - Stop levels: S1 = 6,040, S2 = 6,020 - News Impact: Key economic data releases, particularly the Federal Reserve meeting on December 18, are expected to play a significant role in market movements. Additionally, earnings reports from major corporations, along with the evolving geopolitical climate and challenges in China's economy, will further influence the sentiment surrounding the S&P 500, demanding vigilant attention from investors.Longby CrowdWisdomTrading0
BUY Order US500 DAILY TIMEFRAMEi noticed past day the us500 just pass the tenkansen of ichimoku kinkohyo, so why not take the risk ?Longby masochistsad1
Sp500 for buyThe S&P 500 is currently showing bullish momentum, supported by strong corporate earnings and stabilizing economic conditions. As of today, it is trading at 5,699.98, reflecting significant growth year-to-date. Analysts project further upside due to strong fundamentals, including earnings growth and resilience in consumer spending. Technical analysis indicates the index remains within an upward channel, with potential resistance near 6,100, suggesting room for gains if economic stability persistsLongby iraza1
Nightly $SPX / $SPY Predictions for 12.16.2024🔮 📅Mon Dec 16 ⏰9:45am Flash Manufacturing PMI 📅Tue Dec 17 ⏰8:30am Retail Sales m/m 📅Wed Dec 18 ⏰2:00pm FOMC Statement 📅Thu Dec 19 ⏰8:30am Final GDP q/q Unemployment Claims 📅Fri Dec 20 ⏰8:30am Core PCE Price Index m/m #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investingShortby PogChan0
SPX 12-10/12-11SPX levels used for entry exit on /es eth trades - this one I'd have run short and trim for +7 by heathernray0
SPX 12-15/12-16 Support and Resistance levels - Overnight levels - Playing ES contracts on these levels of US500by heathernray0
SPX 12-12/12-13Support and Resistance levels - Overnight levels - Playing ES contracts on these levels of US500by heathernray0
S&P 500 1WCorrection on the table and long consolidation until the end of April 2025 Not expected to fall below 5600Shortby discarding0
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US500 evening updateBearish count for US500. This count has price in wave (5) of ((5)), to complete impulse off 5 August low. Again, not tagging median (red) line of pitchfork suggests bearish reversal. Count valid below price of 6197, as ((1)) > ((3)) > ((5)).Shortby discobiscuit1
SPX 6086 - VIX and Put/Call Ratio : the market combines it all.How to read the Chart? SPX in main picture an below - with own scales- you find the Put/Call Ratio and and bottom the VIX. Put/call Ratio tells us, how much euphoric is in the market. Values below 0.65 , market is bullish. VIX tells us, how much volatilty is in the market. Values below 13 tells us normally, that market is prepared for larger or bigger movements. Values also important, for calculate price of warrants etc. Low VIX cheaper prices for warrants. So: in the chart now you can see several time stamps with green marks on price SPX, VIX and P/C Ratio. The meaning of this all: high coincidence with low values in VIX and P/C Ratio will high indicator for downward moves. The deeper values on VIX and P/C Ratio, the stronger the downward move. Dan, 11th dec 2024Shortby Flyerdan6
SPX Long in Long term to $5050, the up to $6060On the basis of previous cycles analysis. S&P 500 index is now in the 1st wave of the new growth cycle. Technically and fundamentally now I expect the downside to $4200, but not for long. After this SPX is going to reach the $5050 price level. Then after 2nd wave correction (10%) 6 month before US President election SPX starts its 3rd wave up to $6060.Longby AndreyVasylyukUpdated 558
Historical Buy The Dips OpportunitiesWho remembers the UBER BEARISH sentiment back in early 2009? That was the last seen, most epic "BUY THE DIP" opportunity. Look at the chart below and see why! #spx #sentimentby Badcharts4
SPX on a long timeframeThis chart is mostly for me, so I can come back to it, later... but as you can see, we'll go up and down, but likely to go more up than down :)Longby novamatic0
Are we about to confirm a Super-Cycle event in the US Markets?In this week’s update, I’d like to delve into something that I consider probably one of the most important, but in the realm of my career, probably one of the last consequential decisions I will make in my time being affiliated with Markets. The potential of a Super-cycle topping event. This next week is my birthday. That got me thinking about my career. I first became professionally involved in the markets in 1990. But in truth, that story started when I first watched the 1987 movie “Wall Street”, starring Michael Douglas and Charlie Sheen. I remember thinking to myself while watching this movie when it first aired …” that’s what I want to spend my life doing.” Probably not too far and away from many of you reading this, who caught the trading bug. Your origin story probably mimics mine to some extent. But I hailed from proud Austrian/Spanish descendants who settled in NYC in the 1930’s, and didn’t have much, and at the time, my aspirations seemed like a stretch. I went to college and majored in accounting as originally, I thought I would be a CPA. However, an internship at a big 8 accounting firm in my junior year called that aspiration into question almost immediately. My supervisor at the time commented to me…” you interns should pay us rather than the other way around ”. I assumed he was referring to the aspect that interns only complicate things, make his job harder, and I distinctly remember what a jerk this guy was, and that if the industry is filled with guys like this, I had little desire to join that cast of characters. Did my future entail me becoming this guy? It’s funny how life introduces you to people to guide, or divert you, from your chosen path…but nonetheless, becoming a CPA was a dream that I now felt at odds with. That was devasting for me because I felt I was back to square one…until I caught that movie. Leaving the theater, I was captivated, and so clear-eyed as to what I would spend the rest of my life doing. I simply would not be deterred. I got started at an investment banking firm under the tutelage of a senior advisor in the private placement division. I was fascinated by this transaction because it was (for the most part) a zero-risk proposition. I would inform some of the high-net-worth clientele of the firm that by buying restricted 144-stock prior to the IPO at a massive discount to the pricing date of the IPO, their stock would immediately become eligible for sale on Day 1 and at the opening price. The returns were typically 100% or more, and in a 6–24-month period, depending upon how complex the business was and the interest from the selling syndicate. It got to the point after several years, if the private placement allotment was GETTEX:25M or $50M I could place that entire allotment in a 10-hour work day and with only a handful of phone calls. The largest amount of time that passed was between my initial phone call and finally getting the client on the phone. The previous history of being involved in these transactions was a "no salesmanship on my part" required. The calls went, “I have $5M for private placement how much do you want”? I never heard objections like the retail brokers heard… ”I need to discuss this with my wife. or I’m going through a rough patch and have no discretionary funds.” It was here is my wiring instructions, you hit the firm’s account by COB at 4pm EST and the shares are yours. Fail to follow through on the wire, no problem… but I’ll never call you again ”. It wasn’t long before I was informed that secretaries were instructed if I called…regardless of what my client was involved with, put the call through. However, what I constantly thought about was how unfair the risk/reward was to all those who never had the chance to participate in these secretive transactions. The ups and downs of the markets had to make sense…and it wasn’t until 2012 that became affiliated with Elliott’s work. Previous to 2012, the technical analytical perspective was mocked as wishful thinking, or voodoo like. The prevailing thought process was the random walk theory, Dow theory, etc…I was a loyal follower of John Murphy (Founder of stockcharts.com) and in truth he turned me on to Elliott Wave Theory. The tenants of EWT made sense to me. They were routed in mathematics, and Fibonacci, and as a former accounting major, I felt were well within my scope of understanding. The by-product of that relationship was the absolute fascination with investor sentiment and the repeating patterns they tend to create, over and over again ("Self Similar" as Elliott put it in his original work). Fast forward 10 years and in 2022 after an exhaustive analytical look at the sum of the price action associated with the SPX500, I realized that the odds we were entering an area of a super-cycle wave (III) top was incredibly high. Now understand the magnitude of this observation of mine. If my analysis was correct, the last super-cycle wave (II) would have been experienced in the late summer of 1932. Even if we get alternation, this will be the trade of a lifetime. Not necessarily to be short the top, but to be amply prepared. I have discussed this notion with my members for two years so far. Heck, it was the leading reason why I founded EWTDaily.com. If I am right, this will affect every aspect of your financial lives, and by extension, probably your life in general. This week’s update is not to speculate what the causes are, or will be, of such an event. None of us know, and the reasons one could speculatively insert as a cause are adding up each and every month. However, to claim that my members were prepared, is all that matters to me. by maikisch3319
S&P 500 ,,, Support After passing out of a price level, it’s retesting it, and the chart has reacted to that as a S/R level. I'm going to get my decision to buy new stocks if only formed a good bullish candle here above the support line. The time will be about15 min before the bell. If the chart loses this support, the next support will be the green zone. Longby pardis332
S&P500Here we are looking to sell after the confirmation a support line breakout, retest and then we sell holding towards Targets 1 or 2, spoilt of choice for targets, up to you to decide and workout a safe and reliable SL. Shortby TheGreatestOne2
S&P 500 Analysis: Bearish Momentum Ahead of CPI ReleaseS&P 500 Technical Analysis The price dropped as we mentioned in the previous idea from 6058 and still has bearish momentum. Now, as long as trades below 6058 touch 6022, stability under 6022 supports dropping toward 5971, especially if the CPI released is more than expected, which is 2.7%. A 4-hour candle should close above 6058 to have a bullish trend until 6099, in the case of realizing CPI results in less than 2.7%. Key Levels: Pivot Point: 6058 Resistance Levels: 6073, 6099, 6145 Support Levels: 6022, 5971, 5932 Trend Outlook: Downward while below 6058 Shortby SroshMayi3