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SP 500 Cash Index / US DollarSP 500 Cash Index / US DollarSP 500 Cash Index / US Dollar

SP 500 Cash Index / US Dollar

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SPCUSD trade ideas

S&P 500 Technical Analysis – Potential Correction AheadThe S&P 500 is approaching critical historical resistance levels, just as economic headwinds begin to resurface — particularly the expiration of tariff ceasefire agreements and renewed trade tensions. These overlapping factors could signal an upcoming technical correction. 🔹 From a technical standpoint: The index is forming a classic multiple-top pattern, typically associated with weakening bullish momentum and potential trend reversals. However, we remain cautious and will only consider a bearish scenario if the 6200 support level is broken on a daily close. 📉 Proposed Trading Plan: • Short entry: Only if the daily close is below 6200 • Stop-loss: Daily close above the last top • Targets in order: • 5800 • 5500 • 5250 ⚠️ Note: Despite the bearish setup, we do not recommend rushing into selling without confirmation of support break.
SP:SPX
by Lawrence-Sherif
SPX500 Holding Bullish Structure – Eyes on 6287 BreakoutSPX500 The price maintains bullish momentum as long as it remains above 6225 and 6246. Currently, the market is approaching the 6287 resistance level. A confirmed 4H candle close above 6287 is required to validate continuation of the bullish trend toward 6325. However, a rejection from 6287 may trigger a short-term bearish correction, with potential pullbacks toward 6246 and 6225. A sustained break below 6225 would shift the momentum to the downside, targeting the 6143 support level. Pivot Level: 6264 Resistance: 6287 – 6325 Support: 6246 – 6225 – 6143
OANDA:SPX500USDLong
by SroshMayi
Bullish continuation?S&P500 (US500) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance, which aligns with the 161.8% Fibonacci extension. Pivot: 6,127.80 1st Support: 5,785.00 1st Resistance: 6,428.64 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.
ICMARKETS:US500Long
by ICmarkets
1
06/30 Weekly Gamma Exposure Outlook🧠 SPX Weekly Outlook — Gamma Breakout + Short Week Setup The bulls finally broke through after weeks of painful grinding — and they did so with force. 📈 Thursday & Friday brought a textbook gamma squeeze as SPX sliced through the long-standing 6100 call wall , triggering sharp upside acceleration. We are now firmly in positive Net GEX territory. 🔺 Entire GEX structure has shifted higher. 🎯 New squeeze zone at 6225 , with major call resistance near 6200 . 🔍 What Just Happened? 📊 The 6060–6120 zone acted as a tough resistance range for weeks — until last week’s breakout. 💥 Put skew collapsed , suggesting downside hedges are being unwound. 📉 VIX and IV keep dropping , confirming a shift toward lower-volatility environment . 🧲 Strong Net GEX across expiries created sustained upward dealer pressure → we’re in long gamma mode . ✅ Bullish Bias — But Stay Tactical We're in a bullish gamma regime , so dips are likely to be bought. Key pullback zone to watch: 6125–6060 . 🛠️ Strategy Ideas: • Wait for a 6060–6125 retest before re-entering longs • Use shorter-DTE bull put spreads or 0DTE gamma scalps above 6130+ • Scale out or trim risk near 6200–6225 ⚠️ Risks to Watch We’re overextended short-term. 🚨 Losing 6130–6125 could spark a quick flush to 6050 . Bearish signals to monitor: • IV spike or renewed put buying • Loss of 6100 = no-man’s land without confirmation • Consider short-term debit put spreads if breakdown confirms 🗓️ Short Trading Week Note 🇺🇸 U.S. markets closed Friday, July 5 for Independence Day. This compresses flows into 4 sessions. Expect: 📌 Early week dealer hedging 📌 Possible positioning unwind on Thursday 💡 Weekly Trade Idea — Structure in Place 💼 Setup: • Put Butterfly below spot • 3x Call Diagonal Spreads above spot (5pt wide) • Slight net negative delta , 11 DTE 🎯 Why it works: • Leverages IV backwardation • Profits from time decay • Favors a stable or modestly bullish week • Takes advantage of horizontal skew (July 11 vs July 14) 💰 Profit Target: 10–20% return on ~$1,730 risk. Take profits before time decay kills the center valley — don’t overstay. 🏃💨 📌 Final Thoughts: The 6100 breakout was technically & gamma-structurally significant , but big moves often retest before continuing. Let price breathe. Stay aligned with gamma exposure profile. 🔄
SPREADEX:SPX
by TanukiTrade
SPX may have retracement soon, taking profits timeAs if timing cannot be more coincidental, Trump has announced slapping 25% tariff on Japan and South Korea. This sends chills back to the stock market as the SPX has recently climbed and exceeded the previous high of 6148 price level. This week, I expect the SPX to retrace to the various levels I indicated on the chart. Profit target 3 and 4 looks less likely but not impossible. 1 & 2 are more likely and that again would be a good entry level to accumulate. No, I am not shorting as I invest in the VOO ETF for long term so retracement is a good opportunity to long.
SP:SPXShort
by dchua1969
SPX: 75% chance Multi-Timeframe Reversal to 5,775-6,103 Zone **SPX MULTI-TIMEFRAME CYCLE CONFLUENCE ANALYSIS - SUPER VERSION** **CURRENT SITUATION: July 7, 2025 - Price: 6,238** Based on our quantitative cycle analysis across 4 timeframes, applying **ACTRAGEA hierarchical dominance principles** where ITM >> MTY >> TCY >> TYL. --- ## **CYCLE HIERARCHY STATUS** | **Timeframe** | **Cycle Phase** | **Status** | **Hierarchy** | **Key Level** | |---------------|-----------------|------------|---------------|---------------| | **ITM (1D)** | Phase 2 | FLAT | **DOMINANT** | Max: 6,284.65 **awaiting confirmation** | | **TCY (1H)** | Phase 2 | FLAT | Secondary | Max: 6,284.65 **awaiting confirmation** | | **MTY (270m)** | Phase 1 | LONG (+1.64%) | Subordinate | Seeking max: 6,359 | | **TYL (15m)** | Phase 2 | LONG (+0.11%) | Subordinate | Max: 6,242.7 **awaiting confirmation** | --- ## **PRIMARY SCENARIO (Probability: 75%)** **DIRECTIONAL BIAS:** **Multi-timeframe reversal upon ITM maximum confirmation** **RATIONALE:** - **ITM timing**: 0 bars remaining from 50° percentile window → Maximum at 6,284.65 **awaiting confirmation** → Statistical pressure for confirmation increases daily - **Hierarchical cascade**: **When ITM confirms maximum** → all subordinate cycles transition into Phase 3 (minimum search) - **Current LONG positions** (MTY +1.64%, TYL +0.11%) face hierarchical override risk upon ITM maximum confirmation. Subordinate cycles will align regardless of current profitability. **STATISTICAL PRICE LEVELS (50° Percentile):** - **ITM**: 5,775.84 - **TCY**: 6,103.58 - **MTY**: 5,996.35 - **TYL**: 6,170.98 **STATISTICAL TIME WINDOWS (50° Percentile):** - **ITM**: 65 bars | **TCY**: 58 bars | **MTY**: 62 bars | **TYL**: 81 bars **EXTREME SCENARIOS (20° Percentile):** - **ITM**: 5,420.71 | **TCY**: 5,934.73 | **MTY**: 5,728.16 | **TYL**: 6,084.71 --- ## **⚠️ ALTERNATIVE SCENARIO (Probability: 25%)** **DIRECTIONAL BIAS:** ITM extension toward 80° percentile before maximum confirmation **CONDITION:** ITM exceeds statistical time boundaries, allowing subordinate cycles temporary independence --- ## **CRITICAL DECISION POINT** **Confirmation Trigger:** ITM maximum validation at 6,284.65 → Phase 2→3 transition → Activation timeframe: Within 1-3 trading sessions (statistical pressure) **Hierarchy Activation:** Immediate subordinate cycle alignment into Phase 3 upon ITM confirmation **Invalidation:** Sustained break above 6,285 (negates ITM maximum thesis) --- ## ** PROBABILITY FOUNDATION** **75% probability derived from:** - ITM expired timing creating high statistical pressure for confirmation - Historical dominance patterns (85%+ subordination rate upon ITM phase changes) - Dual Phase 2 alignment (ITM + TCY at identical maximum level awaiting confirmation) --- ## **ACTRAGEA METHODOLOGY FOUNDATION** Our **quantitative cycle framework** operates on **hierarchical dominance principles** where longer timeframes command shorter ones. Statistical levels represent **50° percentile probabilities**, not certainties. The **ITM critical juncture** at 6,284.65 creates high-probability setup for **coordinated multi-timeframe reversal initiation**. **Performance Context:** Systems demonstrating 65.71% to 82.86% statistical reliability across timeframes. --- *Analysis based on ACTRAGEA hierarchical cycle principles and statistical percentile distributions. All levels represent probabilities, not guaranteed outcomes.*
SP:SPX
by Actragea
Little more upside for SPX500USDHi traders, Last week SPX500USD went higher then expected (wavecount updated). If this is correct, then next week we could see a little more upside for this pair. Let's see what the market does and react. Trade idea: Wait for price come into the Daily bullish FVG's to trade longs again. At the moment price is too high to trade. 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
OANDA:SPX500USDLong
by EduwaveTrading
S&P 500 Outlook. Best Quarter Since 2023… But What Next?The S&P 500 just logged its best quarterly performance since Q4 2023 , surging on optimism around global trade negotiations and growing expectations that the Fed may begin cutting rates as early as September. US futures are green this morning, thanks to developments like Canada backing off digital taxes, ongoing dialogues with China ahead of the July 9 deadline, and risk-on sentiment is pushing yields and the dollar lower. But as traders, we need to ask: Are we witnessing a genuine economic inflection point? Or is this just a liquidity-driven rally that’s pricing in a best-case scenario? Technical View Support Zone: 6,150 was just broken through. And 6000, the round number level, coinciding with the 20-day EMA and previous swing level. Resistance Levels: 6,235 is the next critical ceiling, a clean breakout could see price reach the extension level of 6,415. Momentum Indicators: RSI remains elevated and is creeping toward the overbought. While momentum is strong, watch out for the possible development of a divergence. Possible Scenarios The 'Soft Landing’ Is Now the Base Case Markets are trading as if the Fed has successfully engineered a soft landing. But that’s now fully priced in, and historically, the most dangerous trades are the ones everyone agrees on. If trade talks stall, inflation re-accelerates, or earnings disappoint, the reversal could be brutal and fast. Risk-on Sentiment Without Volume Is a Yellow Flag Despite the price strength, volume has been tapering off. The S&P’s recent leg up occurred on lighter-than-average participation, suggesting institutions may be watching, not chasing. That’s often the case in low-volatility summers, but it also implies that any negative catalyst could cause outsized downside moves. Macro-Fundamentals May Not Justify Valuation Expansion Yes, inflation is slowing, and the Fed might cut. But if they do, it’s likely because growth is weakening, not because the economy is roaring. So the very condition that triggers rate cuts could also cap earnings growth! Projection Bullish Scenario: A confirmed breakout above 6,280 could carry us toward 6,400–6,500 by mid-Q3, especially if the trade deals progress, July inflation comes in soft, and the Fed signals accommodation. Bearish Risk: If price fails to hold above 6,120, especially if trade optimism fades, or inflation growth spikes or Fed rhetoric shifts hawkish again, this could then open a quick pullback toward 6,000 or lower, which also aligns with the 50-day SMA. Key Events to Watch July 9 Trade Talks Deadline: Any sign of stalling could bring volatility back fast. June CPI Print (July 10): Crucial for confirming the Fed's next move. Earnings Season Kickoff (mid-July): Tech-heavy expectations may not be easy to beat after such a strong run. Conclusion A record-setting quarter is impressive but not necessarily predictive. This quarter’s rally has been built more on relief and expectations than hard data. When expectations (not earnings) are doing the heavy lifting, any misstep from central banks or geopolitics could unravel gains rapidly. A rate cut might be delayed, or inflation re-accelerates, or trade talks stall; any of these could leave equities hanging. Remember: the higher the climb without real earnings growth, the harder the fall when sentiment shifts. It's not just about the chart. It is about the narrative behind the price. What’s your bias for Q3? Are you buying this breakout or fading the optimism? Drop your thoughts below.
SP:SPX
by JinDao_Tai
2
How High is High Enough - welcome to the Void & VanityUS500 | ATH Extension and Rebalancing Outlook What is going on beyond the surface? – Here is how I will anticipate next move. Today , price carved a new All-Time High (ATH) , extending beyond Monday’s peak and breaching the previously defined Sell Limit Bound at 6173 . 6173 level capped prior upside and served as the structural ceiling on the weekly timeframe – would demand balance. While price has cleared 6173 , failure to retain acceptance above it raises the possibility of a rebalancing phase —necessary before any sustainable bullish expansion. This retracement, if triggered, would offer clarity on whether this breakout is a continuation or merely a premature exploration into thin liquidity. 📌 Key Observations: • 6173 – Breached, but yet to prove retention. A weekly close and reaccumulation above here is required to maintain bullish momentum. • 6577–6408 – Marked as a hidden liquidity pool and potential upside target zone. Price may hunt for this range, but only if it holds structurally above 6173. • Below 6173 – Failure to anchor here may trigger a rebalance into prior value areas before any serious upside projection takes form. Price must find equilibrium before the next leg. Any upside without that balance risks collapsing under its own weight.
TRADENATIONSB:US500
by jerryfc000
SPX500 Holds Above 6,225 – Bullish Trend Intact for NowSPX500 Update – Bullish Pressure Holds Above Pivot SPX500 continues to show bullish momentum, as highlighted in our previous analysis. The price remains supported by strong buying volume above the key pivot zone at 6,225. As long as the price stays above this level, a retest toward 6,225 remains possible before another leg higher. However, a confirmed break below 6,225 would signal potential bearish momentum and shift the short-term structure. Key Levels: • Pivot Line: 6,246 • Resistance: 6,265 / 6,287 / 6,325 • Support: 6,225 / 6,191 / 6,143
OANDA:SPX500USDLong
by SroshMayi
S&P 500 ($SPX) Nests Upward in Strong RallySince bottoming out on April 7, 2025, following the tariff war selloff, the S&P 500 (SPX) has sustained a robust rally. The Index is reaching new all-time highs in a clear Elliott Wave impulsive structure. Technical analysis, particularly momentum indicators like the Relative Strength Index (RSI), shows no divergence at the latest peak. This indicates sustained bullish momentum and suggests the rally remains within the third wave of the Elliott Wave sequence. From the April 7 low, wave 1 concluded at 5968.6. A corrective wave 2 followed which ended at 5767.41. The index has since nested higher within wave 3, demonstrating strong upward momentum. Breaking down the substructure of wave 3, the hourly chart below reveals that wave ((i)) peaked at 6059.4. The subsequent pullback in wave ((ii)) unfolded as a zigzag pattern. Wave (a) declined to 5963.21, and wave (b) rebounded to 6050.83. Wave (c) concluded at 5941.4, completing wave ((ii)) in the higher degree. The index has since resumed its ascent in wave ((iii)). Up from wave ((ii)), wave (i) reached 215.08 and a minor pullback in wave (ii) ended at 6177.97. The SPX is expected to continue its upward trajectory, with potential pullbacks finding support in a 3, 7, or 11 swing against the 5941.4 level, setting the stage for further gains. This analysis underscores the index’s bullish outlook, supported by technical indicators and Elliott Wave structure, as it navigates higher within this impulsive cycle.
SP:SPX
by Elliottwave-Forecast
Trading at the market topHello, The stock market is back at an all-time high. This often brings excitement for existing investors—and a sense of anxiety or even FOMO (fear of missing out) for those who stayed on the sidelines when prices were lower. It’s tempting to jump in, especially with headlines filled with optimism and portfolios showing green across the board. But this is also a time for caution and patience. After a sustained rally, price levels often outpace fundamentals like earnings growth, economic stability, or interest rate trends. In such moments, valuations can become stretched, and investor sentiment overly euphoric conditions that typically precede short-term pullbacks or corrections. Buying at the top locks in risk, not value. If you're feeling late to the party, remember that good investors don’t chase prices—they wait for prices to come to them. The best opportunities often come in moments of fear, not euphoria. And while this market high may go higher still, history shows that eventually, corrections come—and those prepared for them are the ones who win in the end. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:US500Education
by thesharkke
Decade-Long Uptrend Holds Strong – SPX Hits Fresh HighsS&P 500 Just Hit a New All-Time High (ATH) 🚀 The index has been in a strong uptrend for over a decade, consistently printing higher highs (HH) and higher lows (HL). Every major resistance level has flipped into support, classic bull market structure. Even during corrections, the 33 EMA and 100 EMA have acted like dynamic support zones. Now that SPX has cleared its previous ATH, the structure remains intact, unless a strong breakdown occurs, momentum is still with the bulls.
SP:SPXLong
by unichartz
S&P Bullish Flag developing supported at 6180Trump Softens Tariff Stance: Trump said the Aug. 1 tariff deadline isn’t firm, easing fears of an immediate trade war. US equity futures rose on hopes for more negotiation. Japan criticized the planned 25% tariff, calling it “truly regrettable.” Texas Floods – Trump to Visit: Over 100 people died in the Texas floods, including 27 children. Trump said he’ll visit the state Friday to support recovery efforts. The news may draw attention to infrastructure and emergency response spending. Apple Loses AI Chief to Meta: Apple’s AI lead, Ruoming Pang, is leaving for Meta’s new AI unit. This raises more questions about Apple’s AI strategy, while Meta’s aggressive hiring supports its tech edge. US Resumes Ukraine Weapons Aid: Biden will restart weapons shipments to Ukraine, reversing a previous pause. This could support defense stocks, though broader market impact is limited for now. Takeaway: Markets welcomed Trump’s trade flexibility, lifting sentiment. Watch tech and industrials as traders react to shifts in AI leadership and trade policy. Key Support and Resistance Levels Resistance Level 1: 6290 Resistance Level 2: 6340 Resistance Level 3: 6400 Support Level 1: 6180 Support Level 2: 6120 Support Level 3: 6065 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US500
by TradeNation
US 500 Index – Uptrend Channels, Support and Resistance CluesPositive price activity continues to materialise within equity indices, with several over recent sessions, successfully posting new all-time high trades. The US 500 index is no exception, with at the time of writing (7.30am Monday 30th June) a new upside extreme just posted at 6208, see chart below. However, such moves into new all-time high ground, which effectively is uncharted territory, can offer a challenge to traders. There is obviously difficulty in assessing where next resistance levels might stand. Just because an uptrend price pattern is evident and new all-time highs are being posted, doesn’t guarantee further price strength. There will be levels where sellers, or resistance, are found again that might create at least a short term sell-off in price, even a more extended phase of price weakness. However, how perhaps might we be able to judge where these levels may stand, when an asset is trading at price levels previously not seen? Within technical analysis there is a tool that can potentially help traders gauge where next resistance might be encountered – The Uptrend Channel. Let’s take look at uptrend channels and the US 500 index, and where possible clues might be offered to where both support and resistance levels may currently stand. The Uptrend Channel: We have previously discussed uptrends (and downtrends) in previous reports, so please look at our timeline for further details. However, the basic definition of an uptrend line, is a straight line connecting previous price lows. In the chart below, we look at the US 500 index and have drawn a straight line connecting the 5095 low, posted on April 21st, with 5913, the June 23rd low. This uptrend line today (June 30th 2025) stands at 6000, and traders may now be viewing this as a potential support to price weakness, if seen. It’s held on 2 previous occasions, April 21st and June 23rd, and may do so again, if price weakness approaches this line in the future. Please note, this is a rising trendline, so the support level will move higher each day. Now look at the chart above again, you’ll notice we have also now drawn a trendline parallel to the lower uptrend line, which connects with the 5958 May 16th price high. This line also moves higher each day, as it too represents an uptrend and today stands at 6527. While much will continue to depend on future market sentiment and price trends, if (and as we know within trading, it is a big if!) prices continue to move higher and post new all-time price highs, traders may be watching this uptrend channel pattern to suggest both potential support and resistance price levels. They may argue that while support, which today stands at 6000, marked by the level of the lower limits of the uptrend channel, remains intact, potential might be for a more extended phase of price strength. Possible resistance could then be 6527, the current level of the upper limits of the uptrend channel. Please remember, these levels will change daily, and you will need to refer to your own Pepperstone charts to update these levels on a daily basis, as they will change for each sessions. Looking Ahead: Today marks the end of a volatile but impressive second quarter for the US 500 index. It saw a low of 4799 on Monday April 7th in the thick of the trading carnage caused by President Trump’s trade tariffs, but since the 90 day tariff pause was announced on April 9th the index has rallied steadily to register a new all time high at 6208 in Asia this morning. That’s a bounce of 29% in Q2! The start of Q3 isn’t likely to be without its challenges, however. There are concerns that President Trump’s $4.5 trillion tax bill, that is moving through the Senate currently, could increase the US debt burden to unsustainable levels. Also, the July 9th tariff deadline is getting closer by the day and only 1 trade deal has been announced during the 90 day pause, despite lots of talk that 10 more deals, including India, Japan and potentially the EU are in the pipeline. Updates on the health of the US economy this week in the form of Non-farm Payrolls on Thursday (1330 BST) and ISM Services PMI (1500 BST) could be critical if markets expectations for Fed rate cuts later in the year are to materialise, and the next earnings season for US companies begins in the middle of next week as well. How this all unfolds could help to determine whether the US 500 keeps recording new all time highs or begins to unwind the recent upside moves as risk sentiment sours again. The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:US500
by Pepperstone
S&P500 Bullish Leg not over yet.The S&P500 index (SPX) has been trading within a Channel Up since the May 07 Low and is currently unfolding the latest Bullish Leg. As you can see, it is far from having topped, not just by a plain trend-line (Higher Highs) perspective but also based on the Fibonacci and % rise terms relative to the previous Bullish Leg. That peaked after a +7.10% rise, a little above the 3.0 Fibonacci extension. As a result, a 6330 Target on the short-term is more than fitting. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:US500Long
by TradingShot
4
SPXI've been waiting patiently for a real correction in everything, but my timing was drastically off. Looks like FOMO is still in charge. My guess, stock market to ATH after ATH for a while and a final wave of FOMO for crypto will enter the air. I believe the majority are expecting a COVID-like rebound, followed by rally continuation, but the majority tends to be wrong. What I can tell you is the true crypto bull run will not begin on optimism, as it has been... It will begin on pessimism.
SP:SPX
by ovvnyou
SPX500 at New ATH – Will NFP Fuel the Next Leg Up? SPX500 Outlook: Trade Optimism Fades as Focus Shifts to U.S. Jobs Data Caution prevails ahead of today’s high-impact U.S. Nonfarm Payrolls report, which could be pivotal for the July rate cut narrative. A weaker print may support risk assets and push SPX500 higher, while a strong report could dampen momentum. Technical Analysis (SPX500): SPX500 has printed a new all-time high and is now targeting 6287, especially if the index closes above 6246 on the 1H chart. As long as price holds above 6225 (pivot), the bias remains bullish, with potential upside targets: 6287 & 6325 However, a 4H close below 6213 would suggest a correction toward: 6190 & 6143 Key Levels: • Resistance: 6287 / 6325 • Support: 6190 / 6143 Stay alert — today's NFP report could trigger major moves across indices and FX.
OANDA:SPX500USDLong
by SroshMayi