SPX looks bullish#SPX500 looks bullish due the harmonic pattern hidden in the ABCDE pattern which can lead the market to 162 level of the fibo after that there should be a correctionLongby stratus_co3
Is the financial system entering a new era?This chart is one of the clearest and most striking indicators of the S&P 500 and Monetary Expansion around the world on a monthly basis. Is history repeating itself or is the financial system entering a new era ? Markets are rising again after the Mortgage Real Estate Crisis in 2008 and the Covid-19 Pandemic in 2020. But what is behind this rise? Could the fact that the S&P 500 has held its value while the money supply has skyrocketed be a harbinger of a new growth cycle? What is remarkable; In the 2008 Real Estate Crisis, this ratio, which had been steadily moving above the trend line, was pulled down sharply and trapped below the trend line. For many years, there was an invisible pressure to maintain the trend below this line. Whenever the trend line started to be tested again, this rate was pushed down again by the Covid-19 pandemic in 2020 . January 2024 is a historic turning point; It managed to rise above the trend line after exactly 16 years and entered a steady uptrend. This development sends strong signals that a brand new economic order has been established in the world. So what happens now? After testing a new ATH level , what crisis or crises await us in the markets? Or is the financial system heading for a completely different course from the historical scenario this time?by ugurtash1
S&P500 entering a new Bull Cycle according to the Dollar IndexThe S&P500 index (SPX) has been rising aggressively since the October 2022 market bottom, as it recovered from the Inflation Crisis of 2022. Despite the All Time Highs (ATH) that it is currently trading at, we have strong evidence based on the U.S. Dollar Index (DXY) that it is entering a new, more structured Bull Cycle. As you can see on this cross chart analysis on the 1W time-frame, the market has been on a multi-year uptrend with clear Phases, ever since the March 2009 bottom of the 2008 U.S. Housing Crisis. At the same time, the DXY (blue trend-line) initiated its own Channel Up. Every time the DXY bottomed, the S&P500 transitioned from the more aggressive, recovery phase (blue Arc pattern) of the Bear Cycle to a more structured (green) Channel Up. As long as the DXY remains below its (dashed) Lower Highs trend-line, the uptrend of the Channel Up is being extended. Once broken, the stock market starts to form a top, which is natural as a strong/ expensive dollar is far from ideal for buying risky assets like stocks. In any case, it appears that the DXY bottomed in late September 2024 and rebounded aggressively. This is rebound is the exact behavior it has when the previous two (green) Channel Up patterns started. As a result, we believe that the S&P500 has ahead of it around 4 years of growth within this Channel Up, whose pull-backs/ corrections will be the cyclical buy opportunities. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot22
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
S&P 500 Rally: Why a 5k Target Might Be More Likely Than 7kSince November of last year, the SP:SPX has surged by 50%, and if we look at the gains from this year alone, we're seeing around a 30% increase. Additionally, the rise from August is 20% which is significant in just five months. Considering the rapid pace of these increases, especially for such a major index, it gives me the impression that the S&P 500 may be overstretched. Statistically, such strong rallies either follow a deep bear market or precede a significant pullback. Since we haven't experienced a strong bear market recently, I believe a correction could be on the horizon. Technically, the market remains in an uptrend, but the price action from August has been in steps. This type of movement often signals distribution and a potential reversal. In conclusion, while a new all-time high by the end of the year is almost certain, I'm not overly optimistic about the long-term outlook. A pullback to around 5,000 seems more likely to me than a rally to 7,000.Shortby Mihai_Iacob17
S&P 500 INDEX ,,, Possible deep correctionAs you can see, the chart has been in an uptrend for about 14 months. In my opinion, the market needs a break and a deeper correction. The rise may continue, but we must consider the high risk of long positions in our trades. Personally, I prefer to enter long trades with great caution. If a correction occurs, between 10 and 15 percent can be expected. Some indicators, such as AO, also show divergence on the chart.Shortby pardis10
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
S&P500: Channel Up ready to explode to 6,175S&P500 is bullish on its 1D technical outlook (RSI = 63.112, MACD = 49.220, ADX = 50.110) as it is extending August's Channel Up. The 4H RSI is forming an Arc pattern that is much like the below 4H MA50 consolidation of October 1st - 8th. After that was completed, the price rallied to the 1.786 Fibonacci extension to form a HH on the Channel Up. The 1.786 Fib was the target of the next bullish wave as well. Consequently, we are long on SPX, aiming again for that Fib (TP = 6,175). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope8
SPX500 forming a Double Top pattern, will it keep going up?Technical Analysis: ================ SPX500 has formed a noticeable double top technical pattern. If it respects the double top pattern the price should touch around 5700. But if it keeps climbing the 6000 may become another support level. Fundamental Analysis: =================== 1) Israel war seems to be calming, which should reduce the uncertainty and boost the stock market 2) Russia Ukraine war is intensifying as a result of latest attacks. This war has potential to undermine all other good news and could go with the double top (technical analysis) 3) Santa Claus Rally can boost the stock market in coming weeks followed by correction in Jan 2025 ===== Happy Thanks Giving to all the traders ==== by spranavUpdated 2
US500 longus500 LONG 💎Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position ⛔️INSTRUCTIONS 1: Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss ⛔️INSTRUCTIONS 2: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20Longby RODDYTRADINGUpdated 1
Weekly 'composite index' RSI signals sell - 2000 repeat coming?Combined market indices divided by DXY has accurately signaled market expansion and contraction for more than 30 years. In the 'Internet Bubble' timeframe, although a RSI sell signal occurred, the market regained lost ground in 2000 prior to a multi-year sell-off. We see a similar run-up, sell signal, recovery now. Is this time different? Or will we see a decline beginning January-February 2025. by chillcryptoUpdated 3
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
SPX: in green to end a year?A week after the S&P 500 reached a new ATH, the market slowed down a bit during the previous week. The new ATH has been tested for a potential for further move toward the upside, however, there has not been enough market strength, so the index reverted just a bit to the downside. The lowest weekly level reached was 6.030 points. The market's beloved tech companies were traded with a modest negative sentiment, except TSLA. A brand new star of the week was company Broadcom, which surged 24% for the week, after the company published that its AI-generated revenue soared by an incredible 220%. Analysts are noting high probability that the equity market will continue to head toward the upside till the year end. Such sentiment will be supported by the expected Fed rate cut of 25 bps on December 18th. However, they are also noting that the switch from large caps toward the small cap companies has been occurring for some time now, and will continue in the future period, supported by the environment of decreased interest rates. by XBTFX11
US500 Is Very Bullish! Long! Take a look at our analysis for US500. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 6,060.5. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 6,114.4 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider3310
SPX500 H4 |Potential bullish bounceSPX500 is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 6,033.76 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 5,950.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at 6,121.24 which is a level that aligns with the 127.2% Fibonacci extension 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. 64% 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. 66% 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.Long03:02by FXCM1
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
S&P500 Is Approaching the Daily TrendHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5940 zone, S&P500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5940 support and resistance area. Trade safe, Joe.Longby JoeChampion5513
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
Bullish momentum to extend?S&P500 (US500) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 6,006.92 1st Support: 5,866.31 1st Resistance: 6,157.58 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
Pitchfork from March '23 low still shows strong trendPitchfork from March '23 low still shows alignment and strong trend for log scale but in upper resistance for lineal scale.by Daniel_mbUpdated 110
S&P500 INDEX Technical Analysis & Outlook Ahead of Fed DecisionS&P 500 Technical Analysis The market is approaching a key week with potential volatility driven by the Fed Rate Decision and GDP data. Here's a breakdown of the scenarios: Bullish Scenario: Continuation of the Uptrend: Key Levels: - Breakout Support: 6022 - Pivot Point: 6058 - Resistance Line: 6099 and 6143. Conditions for Bullish Continuation: - Price must remain above 6022 (Breakout Support Line). - Stabilization above the 6099 resistance will confirm upward momentum toward 6143 (next resistance). - This move would support a continuation of the uptrend toward a new ATH. Fed Rate Impact: - If the Fed cuts rates by 25 bps, the market may interpret this as dovish, fueling bullish sentiment and risk appetite. Bearish Scenario: Continuation of Downtrend: Key Levels: - Breakout Support Line: 6022 - First Support: 5971 - Next Supports: 5932 and 5863. Conditions for Bearish Reversal: - Price must break and close below 6022 on a 4-hour candle. - A break below this level opens the door to the next support at 5971. - Further bearish momentum could drive the price toward the Strong Support Zone around 5863. Fed Rate Impact: - If the Fed holds rates steady at 4.75% or signals hawkish intentions (e.g., no future rate cuts), bearish momentum may build due to reduced liquidity expectations. Trend Outlook: - Uptrend Continuation: Above 6022 and confirmed by a breakout above 6099. - Downtrend Continuation: Below 6022, targeting 5971 and lower levels. Key Summary: Bullish Confirmation: Hold above 6022 and break above 6099. Bearish Signal: Break and close below 6022, with lower targets of 5971 and 5932. Fed & GDP Impact: Monitor Fed decision for rate cuts (bullish) or no change (bearish). by SroshMayi5