New York Session Recap - SPX500, NAS100Took 2 trades in New York Session. Trend Retracement setup on SPX500 and NAS100.07:15by nohypetrader0
Bulls and Bears zone for 09-11-2024S&P 500 has posted back to back gains this week since the pullback last week. Patience is the virtue. Level to watch : 5501 --- 5499 by traderdan590
SPX500 9/11/24💹 Indices: 👁️ Outlook Daly Bias: Bullish Tokyo: Distribution into accumulation London: Accumulation heading towards Tokyo highs New York: We are opening inside the london and tokyo range. We also have CPI in about 2 min so we just wait for that to clear then look for longs. Keeping an eye on this. 👁️Longby angelvalentinx1
SPX - Clear View to All Time High? Not so fastGood morning nerds! Alright, quick 5 minute update on SPX. There's a motto for the update today and that is "We are not out of the woods yet!" We've seen a decent move the last two days off the 5400 test last Friday but even though it looks decent, a lot still needs to happen. We're still trading below the 21 day exponential moving average in a month that tends to be bearish or at least corrective. A bullish August into a bearish September seems to rhyme with prior price action from previous years. Ideally a move back to test that 5400 level would be preferred before a move back to ATH, however if we happen to get back into the distribution zone before retesting 5400, then it's likely we will move to 5800 and probably higher. If we get back to 5322-5400 beforehand, then that 5800 target by EOY becomes more realistic. You gotta let the market breathe and especially in these months, you need to be a little more conservative with your positioning solely based on the season that we are in.Long05:13by bitdoctor1
Sell OpportunityTrading Signal: S&P 500 Index Action: Sell Entry Price: 5496.00 Take Profit: 5340.00 Stop Loss: 5565.00 Rationale: The S&P 500 index is currently positioned for a sell trade based on technical analysis indicating potential downside momentum. The entry point is set at 5496.00, with a take-profit target of 5340.00 and a stop-loss at 5565.00 to manage risk. Disclaimer: Trading signals are for informational purposes only and should not be considered financial advice. Traders are advised to conduct their own analysis and consider risk management strategies before executing trades.Shortby GODOCM0
SPX Update - Good CPI Scenario worked outHello traders! Today I update the idea I shared on 13th Aug. On 13th Aug i highlighted 3 scenarios (1 on tradingview considering bad CPI, 2 on telegram considering mid and good CPIs) SPX followed the bullish scenario (green) - after CPI Aug release. Market is really weird, personally I think that Inflation cuts will lead to lower levels if 50bps (because it would mean that US economy is really bleeding, bearish short term) - while would lead to a full bullmarket if 25pbs. Right now we are holding and hedging position on BTC - which replicates SPX movements. Buy Spot at 55235$ - Short at 60465$ Waiting for retest + confirmation to close the "wrong" alignment. - Saving our convenient buy (and planning others at lower levels) is our highest priority. Send a DM for private channel. by flectxino0
S&P500Hello traders, I think the price has reached an important area and has the ability to fall from this area. If SP500 allows me to trade according to my trading plan, I will exit the trade with a reward 2 or stop loss. Have a good weekShortby sajjad_bakhshipour0
SPX Daily bounce underway?Price abruptly started weekly consolidation after failing the bull flag. I expect the price to continue bouncing until we find a daily lower high. For the bounce to start, surpassing the previous day high at 5,487 is a must. Can we hold the last week low at 5,386? otherwise weekly consolidation will continue. Longby hectordsd0
SPX500 H4 | Overlap resistance at 50% Fibonacci retracementSPX500 is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,520.41 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 5,580.00 which is a level that sits above the 61.8% Fibonacci retracement level and an overlap resistance. Take profit is at 5,388.72 which is a swing-low support that aligns close to the 50.0% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:30by FXCM0
240910 Market OutlookThe SP:SPX market turns sluggish with the last day closing price is within the prior day candlestick. Most indicators show mixed signals on the daily chart: - Stochastic show strong divergence buy signal; - RSI is neutral shuttling up and down around the level of 50 points; - MACD Signal line show death cross of MACD line, while histogram of average size indicate medium falling power and may turn to positive. The latter need more observations. ------- Major economic data release include the following statistics this week: Inflation Rate (CPI) on Wednesday ECB Rate Decision on Thu PPI on Thu Initial Jobless Claims on Thu Michigan Consumer Sentiment on on Fri. ---------------- Overall state of US economy is moderate that is no strong growth is on horizon, neither have no signs of recession. The 2024 is the year of negative real GDP growth rate in the US. There was a sign of weakening labor market last Friday. SP:SPX is relentless to disturbance and still clinging upward though, showing strong consumer confidence in late 2025. by moncap20230
US500 Is Very Bearish! Sell! Please, check our technical outlook for US500. Time Frame: 10h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 5,477.28. Taking into consideration the structure & trend analysis, I believe that the market will reach 5,392.64 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!UShortby SignalProvider112
[US Stock] The forecasting of SPX Index's price action The forecasting of SPX Index's price action on Sept 10th, 2024Shortby vnforecaster1
SPX500 Rebounds. Support Respected.SPX500 respected its weekly support line and reverses. Expect more ascending movements from hereon: Spotted 4027.0 SL at 3800 TAYOR. by JSALUpdated 4
S&P Rising wedge?Purely hypothetical and for academic purposes only... Lose the rising wedge. Retest resistance. Form a double top. The target is where the rising wedge began. around a 25% drop from the highs. If recession in the USA is unavoidable. This may play out.by QuineMD1
Short trade Trade Details: Date: Tuesday, 3rd September 2024 Pair: SPX/USD Time: 11:00 PM Trade Type: Sellside trade idea Time Frame: (15min TF) Entry Level: 5543.1 Profit Level: 5402.8 (a 2.53% - 1403 PIPS) Stop Level: 5558.6 (a 0.28% - 155 PIPS) Risk-Reward Ratio (RR): 9.05 Trade Idea: This sellside trade on SPX/USD is set for late in the session on Tuesday, 3rd September 2024. Shortby davidjulien369Updated 1
SPx - Fed Rate Cut Expectations Rise as Key Economic Data AwaitsS&P 500 Technical Analysis: The price is currently trading below the pivot level of 5454, with a potential downside target of 5412. However, the price remains in a consolidation phase between 5456 and 5412 until a breakout occurs. A sustained move above 5454 would likely support a rise towards 5490 and potentially 5526. Conversely, maintaining a position below 5454 would increase the likelihood of a move down to 5412. Key Levels: Pivot Point: 5454 Resistance Levels: 5490, 5526, 5573 Support Levels: 5412, 5460, 5328 Expected Trading Range: 5471 - 5412 Trend: Short-term downtrend ----------------- Monetary Policy Shift Anticipated Amid Key Economic Releases With the economy in balance and inflation trending toward the 2% target, it is now seen as appropriate to reduce the degree of policy restrictiveness by lowering the target range for the federal funds rate. Currently, U.S. rate futures indicate a 75% probability of a 25 basis point rate cut and a 25% chance of a 50 basis point cut at the upcoming Federal Reserve monetary policy meeting. In the coming week, the spotlight will be on the U.S. consumer inflation report for August. Additionally, market participants will closely monitor other key economic indicators, including the U.S. PPI, Core PPI, Crude Oil Inventories, Initial Jobless Claims, Export Price Index, Import Price Index, and the preliminary Michigan Consumer Sentiment Index. Shortby SroshMayi7
US stocks ‘ddd..double top’? #SPXWho needs to be original anyway? Let’s talk about the most widely followed market price in the word - the price of the S&P 500 index. And let’s combine that discussion with one of the best-known technical analysis price patterns - the double top. The textbooks say the double top is ‘completed’ when the price breaks below the first low- and to be clear, that hasn’t happened yet in the S&P. What has happened is that the average price of the biggest 500 stocks in America just reversed for a second time at the 5700 level. Not only that, it was the worst week of the year. We can see this as the big bearish engulfing candle on the weekly chart. So in summary, the setup we get from the weekly chart is a big bearish engulfing week at resistance - that’s bearish. On the 4 hour chart the trend has already turned lower. The first test for the new downtrend was 5500, that broke and now we are near 5400. Naturally 5300 would be next IF the downtrend resumes. We don’t know if it will resume or not - we just know that the setup on the weekly chart is bearish and that tilts the probabilities in favour of a continuation lower. Looking past the price action and to the possible mindset of the traders causing it, after a big weekly drop, there will be some traders trying to pick the bottom. That could create the kind of upward movement to set up opportunities to the short side below 5500 with 5300 as a possible target. But that’s just what we think, do you agree or disagree? Send us a message and let us know Happy Trading! Jasper, WeTrade Market Analyst and Founder of Trading Writers. Shortby jasperlawler1
SPX500 Outlook💹 Indices: 👁️ Outlook Long Term time frame (5hr): We have been breaking bearish on the 5hr and showing strength to the downside. Long Term (5hr): Price however is over extended and needs to build liquidity over the week. Intermediate frame (30m): This is what I am expecting for the sessions to look like by the time its NY session. I believe we could be seeing longs for the start of the week on Indices to build that liquidity. I will be looking for longs Monday NY session depending how price looks at 8:30am EST. Keeping an eye on this. 👁️Longby angelvalentinx1
SPX-H4SPX_H4 Maybe I'm too optimistic about the market, but I expected a short rally by the end of the week, from point to point mentioned.Longby TexasSadr0
SPX- Prepare YourselfThere is so much we could say about why SPX and the market in general seems to be headed towards a generational top...but it would just be repeating what we have been yelling from the rooftops for the last year or so lol We will save the history lesson and say check out the related links But know this...YOU WERE WARNED Could we be wrong? Of course we can be wrong But what if we arent?Shortby Heartbeat_Trading7
Simple charts and methods can make money!It's a late summer Saturday afternoon and I am writing this so you don't have to! Lot's of people don't have time to watch the market all day and night. Here is a bare bones daily chart that you can easily construct from default configured Trading View community indicators and even more easily discern the correct market position. ONLY BE IN THE MARKET WHEN THE PRICE IS ABOVE OR BELOW BOTH INDICATORS. Configure TV Alerts from the SPX price cross of the indicators and be on your way. I position in pre and post SPX ETF markets off this chart Happy Trades! And now I'm going fishing. DAPEducationby anotherDAPTrader6