SPX targeting 5990 before correctionIn my view SPX is now forming the head of an inverse head and shoulder pattern targeting 5990 in mid novemberby mpdUpdated 3
US500 SMART MONEY PLAY Smart Money Play for US500 The setup suggests a potential for continuation in the primary uptrend but warns of possible near-term exhaustion. This strategy focuses on monitoring support levels during a pullback to position for a high-probability entry in line with the trend. 1. Identify Key Support Levels for Potential Pullback • Daily HVN Nodes: The daily HVN nodes at 5831 and 5710 represent strong support zones. If price retraces to these levels, they are likely to act as points of buying interest, especially if aligned with bullish indicators on lower timeframes. • 4-Hour Ichimoku Conversion Line: Currently, price is testing the 4-hour Ichimoku conversion line. A sustained hold at this level would signal a continuation of the uptrend, while a breakdown could open the door for a deeper pullback. 2. Monitor ADX and DI for Trend Continuation or Exhaustion • Daily ADX: With an ADX of 22 and positive DI above negative DI, the daily trend is bullish but not overly strong, suggesting room for a potential continuation if support holds. • 4-Hour ADX: The 4-hour ADX at 50, with the ADX line well above both +DI and -DI, indicates possible trend exhaustion. This level, combined with bearish divergence on the RSI, suggests that a pullback or consolidation phase is likely before the trend resumes. 3. RSI and MFI as Momentum Indicators • Daily RSI: The daily RSI at 66 remains bullish but could retreat to 50-60 on a pullback while maintaining trend strength. A hold above 50 on the daily RSI would support re-entry at a favorable level. • 4-Hour MFI: With MFI rolling down from 80 to 74, it signals a reduction in buying pressure, consistent with an expected pullback. 4. Short-Term Signals on Lower Timeframes • 2-Hour MACD: The dark red bearish signal on the 2-hour MACD is an early warning for a short-term correction. If MACD starts to turn green after a dip, it could provide an entry signal. • 4-Hour RSI Divergence: Bearish divergence on the 4-hour RSI further supports a potential pullback. Waiting for a correction here before entering would minimize risk. Trade Ideas 1. Pullback Entry for Long Continuation: • Entry: Consider entering long near the HVN nodes at 5831 or 5710 if price stabilizes. Look for bullish signals on the 2-hour or 4-hour MACD and RSI to confirm that buyers are returning. • Stop-Loss: Place stops just below 5710 to account for volatility but avoid exposure if the pullback deepens. • Target: Aim for an initial move back towards the upper Bollinger Band on the daily (around 6000+) or even higher if the trend resumes strongly. 2. Alternative Short on Short-Term Weakness: • Entry: Consider a short position if price fails to hold the 4-hour Ichimoku conversion line, aiming for a target near the daily HVN nodes (5831 or 5710). • Stop-Loss: Tight stop just above the recent high at 5973, minimizing risk. • Target: Look for a retracement to the 5831 node, where support may resume. Summary of Smart Money Play 1. Trend Bias: Bullish overall but with caution for near-term exhaustion. 2. Setup: Wait for pullback confirmation to key support for a low-risk entry. 3. Entry Trigger: Use MACD and RSI on lower timeframes to confirm a resumption of buying pressure on pullbacks. 4. Risk Management: Stops below support for long positions and tight stops above recent highs for shorts, targeting the daily upper Bollinger Band on continuation or HVN nodes on retracement.Longby Shivsaransh11
SPX500 H1 | Overlap resistance at 38.2% Fibonacci retracementSPX500 is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,769.26 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 5,804.00 which is a level that sits above the 50.0% Fibonacci retracement and an overlap resistance. Take profit is at 5,727.17 which is a swing-low support. 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.Short02:43by FXCM3
$SPX The Hundred Years TrendThat's right.. The sheep were told we broke through the great depression trendline and to prepare themselves for a new paradigm.. As you can see we have broken through one of the great depression trendlines. And Still you can see we have one to go.. Our last touch of this trendline ended up with a stiff rejection, and we are dangerously close to another fatal kiss. If you haven't taken out a heavy long term short to cover life's everything, it might be too late. Only the strong will survive. Are you Strong?Shortby Midgar-Updated 2
SPX500 TREND LINES, PIVOT and APEX POINT VIEWThe SPX500 if manage to close above the last high of 5670 on Daily TF then expect the price to hit the TL.R at 5764 from where the prices can fall back a bit and then move for the next target to TL.B2 at 5810 and if it closes above that point then you can expect the price to move to take over the PIVOT R3 at 61110, but if it is rejected then expect the price to fall towards PIVOT R2. Trend Line green and TL.R form a widening channel. If the price fall back the TL.B1 and Closes Below Pivot R2, then Expect the price bounce from the Trend line green. The main scenario of the price action shows that if the price is not rejected from the previous high of 5670, then price will surely lead to take over the TL.R and TL.B2. On Contrary if price rejected sharply from the TL.B2 and closes below PIVOT R2, then price may continue to fall towards PIVOT R1. Please leave your comments and your suggestions. Expected Movement for the rest of the year will be in between the two apex points 5410 and 5747. Any Voilation of these points will determine the further direction of the SPX price movement. Longby taranquiloUpdated 111
6000 spx before EOMMaking a public call on SPX, based on the current political climate, and the oversold signals, I'm focused on a new ATH push from here. I think a move similar to September 9th or way back in early January is on the table right now. I'm currently trading in the LEAP comp for TradingView and wanted to make a public call that aligns with a trade I'm taking. Any Idea posted is being actively traded if possible in the competition.by whitekidspazUpdated 2
S&P 500 BUY ANALYSIS DOUBLE BOTTOM Here on S&P 500 price just form double bottom and has broken line 5781.3 which means there is a chance of rising more and trader should go for LONG with expected profit target of 5815.6 and 5854.6 . Use money managementLongby FrankFx14Updated 1
Us500 long signal using supply and demand Spx is on a bull run throughout 2024 , the bet is for the index to move higher catalyzed by us elections which iam using as tailwind to propel it higher ( the election might turn out to be a headwind who knows ) Price is at weekly demand and the daily trendline is broken. A fibonacci extension target is above. Longby OrcasSwing2
Winter RallyWhile the market may appear stretched in the short term, analyzing the broader trend since 2009 on a logarithmic scale suggests the potential for a bull run extending through the winter and continuing into 2025Longby Johannesoh2
trump won, now whatThis is not a political analysis,idgf about who's your favourite party With that said: An easy way to run ur economy to the ground is through price controls, which was part of Harris's campaign platform. Joe did a great job and arguably saved the U.S. economy from a slump with initiatives like the infrastructure bill and the CHIPS Act. However, what concerns the average American most are the prices of gas and food. Harris's solution to these issues is a price ceiling, which is why many people felt that the orange man solution is more realistic however Tax cuts, the budget deficit, and inflation, along with tariffs, may lead the market to react positively a trend we have already observed. Inflation can drive growth for companies, which in turn boosts earnings and contributes to the US GDP growth. Additionally, the bond market is showing an upward yield curve, suggesting a liquidity preference, as money flows from risk-free investments like 10-year bonds into riskier assets such as equities or the stock market. The Federal Reserve's recent rate cut and efforts to reduce the balance sheet may be significant factors in this shift. However, there remains considerable uncertainty regarding the potential outcomes of these tax cuts and policies, which could result in a labor shortage and disruption in the labor market. The inflation accompanying the tariffs could lead to economic contraction, posing risks. Still, navigating these changes will not be plain, as the central bank is likely to respond to these policies, further deepening the uncertainty. there will be also some actual improvement in terms of foreign policy which can also lead to capital flowing from outside into us markets however, any sort of policy led by wall street has historically led to disasters and we expect no difference and the taxpayers will be left with the bill tap again I do not cheer for any party or their ideologies we'll watch the same market on asymmetrical information so make ur own inferenceby ri_da1
S&P doesn't matterThe time is coming soon but when and at which price will be turned back maybe it is an opportunity to make lots of money hehe, let's wait for the price action and ride a wave hehe I am gonna be a rich person00:43by Bill88NN1
S&P 500: 96 year old resistanceWorking our way up to a resistance line that has never been broken. Are we entering a new age of AI and abundance? Or not yet? Or not at all?Longby HassiOnTheMoon221
S&P 500 Change of CountsThe new high made during this election day has made me change the count. A reader of my post did comment and share a link on this new count which I did have in a couple of my posts, but I have to admit a mistake as a mistake and a bias as a bias. Now that S&P has made a new high, we must have a new target. Based on Elliott Wave, there IS A MAXIMUM target of 6208.5 based on Oanda CFD. This is because wave 3 is currently the shortest wave and that is not allowed in EW (the alternative is that this wave 3 is actually wave 1 of 3). But any price below 6208.5 is good as a peak. We have to wait until wave structure firms up before making another call.by yuchaosng1
S&P 500: Key Levels to Watch as Election NearsWith the U.S. election right around the corner, the markets are primed for a week of intense action. As traders settle in for what could be a wild ride, we're zeroing in on the S&P 500’s most important support and resistance zones. Anticipated Surge in Volatility and Volume As election day arrives, expect a surge in both volatility and volume, especially in bonds and currency markets. Last Thursday’s market sell-off set the tone, with heightened swings likely to spill over from futures into the open markets by mid-week. Adding fuel to the fire, the Federal Reserve’s decision on Thursday could be another volatility catalyst, particularly if the central bank makes a surprise move on rates. Right now, option data on the S&P 500 suggests that the market is bracing for a potential swing of over 2%, indicating expectations of a lively week. Whilst volatility is the life blood of short-term trading, only the prepared are likely to benefit as wild swings tend to spark panic among those without a plan. With this in mind, let’s take a look at the key levels to watch on the S&P 500… Key Levels to Watch on the S&P 500 On the technical front, the S&P 500’s long-term uptrend has taken a breather, and last Thursday’s drop brought the index back to a critical area: the 50-day moving average (MA). This level, which aligns with the July swing highs, has held up well so far, and it’s a key line of support that many traders are eyeing as we move into the election. If this support gives way, the next stop is the September lows near the 200-day moving average—a level that often serves as a guardrail for the broader trend. For resistance, we’re watching the top of Thursday’s gap as the first challenge for any bounce attempt. Above that, the trend highs present another barrier, where the bulls will need solid momentum to push through. These levels provide a solid framework to navigate the week ahead, where a breakout or breakdown will likely signal a directional shift in the broader market sentiment. S&P 500 Daily Candle Chart Past performance is not a reliable indicator of future results Using Anchored VWAP to Gauge Market Control When it comes to analysing who’s in control of the market—bulls or bears—anchored VWAP (Volume Weighted Average Price) is one of our go-to tools. Here’s how we use it: by anchoring a VWAP to the recent highs, we get a read on where sellers are likely to assert pressure. This essentially serves as a ceiling, marking where bearish momentum could reassert itself. On the flip side, anchoring VWAP to recent lows shows us where the buyers are holding their ground, creating a critical support point. These anchored VWAP levels act as dynamic markers of control, giving us a pulse on the ongoing battle between bulls and bears. In a week like this, with election headlines swirling and technical levels tested, VWAP is an invaluable tool to track whether buyers or sellers have the upper hand at any given moment. S&P 500 Daily Candle Chart Past performance is not a reliable indicator of future results Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. by Capitalcom1
SPX : Saturn Squares Uranus (Heliocentric)The heliocentric Saturn-Uranus square is a potent astrological configuration known to influence significant market cycles, particularly in the SPX (S&P 500) often triggering periods of volatility and sometimes resulting in notable market crashes. Saturn, representing time, structure, karma, and restraint, squares off with Uranus, the planet of sudden change, innovation, and disruption. This clash between the old and the new brings tension and unpredictability into financial markets, where structures that seem stable may suddenly face upheaval.by EsotericTrading1
S&P 500 IndexHello community, Weekly chart. My goal: 6,118 points. I have drawn a Fibonacci extension to get the target. In orange, the 200-period simple moving average. Make your opinion before placing an order. ► Thank you for boosting, commenting, subscribing!Longby DL_INVEST2
S&P500 (SPX500) index looks testing upper trend channelS&P500 index looks testing upper trend channel This is a very long log charts of the S&P500 index. Shortby platinum_growth1
Must watch strategy for banknifty and spx500must watch video (dont skip) 1) follow 1 strategy 2) market conditions 3) best entry points 4) discussed risk management 5)how to use my strategy Education17:16by hormuzdengineer2
5670 is the next critical point for S&PIf the S&P breaks the 5670 mark, I fear a real big drawdownShortby emilio_sforza1
Market SnapshotIn every financial crisis in the past the professional market analysts (i.e. talking heads and article writers) from the major firms waited too late to tell you the house was on fire..and they always said things are better than they were Do you know why that is? Its because they have to protect AUM (Assets Under Management) at ALL COSTS...even at the costs of your investments The last thing they EVER want you to do is SELL Plan accordingly peopleby Heartbeat_Trading4
S&P 500 Daily Chart Analysis For Week of Nov 1, 2024Technical Analysis and Outlook: During the current trading session, the S&P 500 index exhibited considerable weakness by completing the Inner Index Dip at 5733, in conjunction with the Mean Support level of 5798, while leaving the gap by not reaching the secondary Mean Support level of 5700. This development of fulfilling the gap will likely stimulate a significant rebound toward the Mean Resistance level of 5775, with the possibility of further extension. The 5700 support level is critical for facilitating a primary recovery and advancing into the subsequent phase of the bullish trend. However, it is imperative to acknowledge that achieving and penetrating the 5700 level could instigate a downward spiral in price action to Mean Sup 5620. by TradeSelecter7
Stock Market ft. The BIG SHORT.Election coming, looks to be priced in as we speak, expect a drop, probably more severe than my chart if the conditions are met BELOW.. Conservative levels to short above (no guarantee we are coming back to those levels) as the futures market can continue to plummet as early as Monday next week. I expect a heavy forecast of rain up until the election and after, we are about to see some crazy $%^& in the next few months, Price is weighted on the weekly, to Target 1, if that level doesn't hold we will see target 2 and target 3 QUICK, If my price reacts the way I think it is, I will be dropping a multi-year monthly chart to follow, Good luck traders.Shortby MarketMakerTraders3
SPX500 Potential Short!SPX500 made a strong Move upwards and the indice Will soon retest a horizontal Resistance of 5859.42 from Where we will be expecting A local bearish pullback And a move down !by kacim_elloittUpdated 5