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US 500 (SPI) / US DollarUS 500 (SPI) / US DollarUS 500 (SPI) / US Dollar

US 500 (SPI) / US Dollar

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SPIUSD trade ideas

SPX: tariffs, againPrevious week was relatively calm when macro data were in question, however, the peace was interrupted with a new narrative regarding trade tariffs. The US Administration plans to set trade tariffs with the European Union at 50%. The US President recently noted that these tariffs are currently not negotiable. Such a narrative imposed a drop in the value of the US equity markets. The S&P 500 was traded with a negative sentiment during the week, dropping from 5.962 down to 5.802 at Friday's trading session. Another news hit Apple shares, when the US President commented that this company has to pay 25% on all IPhones which are not produced in the US. After this post, shares of Apple dropped by 3% on Friday. Analysts involved in a matter are commenting that the transfer of IPhones production from China to the US would increase the price of IPhones by 25%. On the other hand, the company United States Steel surged by 21% after the US President's announcement of a deal and “partnership” with Japanese Nippon Steel. At this moment analysts are in agreement that the market is set for a sell-off in case of any news related to trade tariffs. The positive sentiment is extremely fragile and this might continue for some time in the future.
SP:SPX
by XBTFX
Up again for SPX500USDHi traders, Last week SPX500USD retested the 4H FVG once more and made a (corrective) move down into the Daily BPR. This was exactly the move I've predicted and I hope you took some value from it. Now price rejected from the Daily BPR so next week we could see this pair go up again to the higher Daily FVG. Let's see what the market does and react. Trade idea: Wait for a bullish change in orderflow and a small correction down on a lower timeframe to trade longs. 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
Full Bear Break PlansToday we took out our second important support level and have sold off strong under it. We're in a rally as I write this but it's still inside the expected corrective range. We still have not net where I'd expect critical supports to be around 5500 but at this point KI feel we do have enough info to make a forecast of what a crash would probably look like. People always think crash forecasts are hard to make. Top forecasts are hard to make. Accurate forecasts on when a crash break will or will not happen are hard to make. When it comes to the actual swings of a crash when they happen - historically always been very simple to make. If the bull trap low and high is known, the crash levels have always been foreseeable. For example, when this low and high was known in 2007, all the important levels and the low of the 2008 / 2009 move could be mapped out. This isn't an isolated case. It's happened in all previous crashes. If you follow my work you'll have seen me trade important levels in drops / lows many times and it's always based on some derivative of this. If we know the high/low of the bull trap then we can identify the important break level and map out all the levels to the downside that would typically hit. We can know the zones where there's the risk of this and also know early if the bear setup is failing. If SPX was going to make a classic break it'd be quite easy to approximate the classic swings we'd have now. The first continent for this is a wick rejection on the monthly chart, and ideally in the last part of the month. This may be underway now. The selling has to stick with us either going lower or at least holding down - but if things keep going as they have recently we'll have the wick candle. I recently showed how we tend to have the failure of bullish wick candles before a trend break. In that setup we usually see a big bullish wick candle. Often an attempt to rally and rejection so we have opposing wick candles (bull wick is usually bigger) and after this comes a bearish engulfing candle which is bigger than all the candles around it and takes out the wick low. That move would take us to about 4500. And almost certainly be news driven. From here we usually enter into a period of choppy action. It feels bullish and bearish but it's really just going sideways. Often this will end with two big bluffs. First a bluff at being about to break to the downside and then a big spike out of the recent highs. This choppy action would likely go on for a few months in total with a high somewhere around 5000. That'd be the last major bull trap and from there we'd start to head into the crash section. During this section we'd travel as much as the full bear swing from high to the current low had taken but we'd do it in a fraction of the time. Over the space of a couple months we'd make a massive news supported capitulation to under the 2022 low. That'd then complete a 50% drop from the high. Even in extremely bearish setups we tend to get a bounce from around the 50% off the high level and we also tend to get a bounce when we spike out an obvious support zone - so whatever the overall move would be, if and when the 2022 low was spiked out this is around where I'd expect an important low. This is a step continent trade plan. We can define a marker and if it hits then the bias is towards the next marker. The first marker was there would be a monthly wick candle. The following marker would be there is a rejection and close down end of month. Third marker would be a massive bear candle taking out the wick low. Fourth marker would be the "Recovery" being muted and stalling out around 500. If all of those things happen, then the risk of a following breakout becoming a crash event would be high. In theory, we could be about 6 months from a major crash and we could put in a series of specific markers as warning signs along the way. First warning sign is there being no V recovery to this selling and the monthly candle closing with a wick. This post touches on various things that have been explained in far more detail in recent posts. It'd be recommended to read those for full context.
SP:SPXShort
by holeyprofit
3
S&P INTRADAY corrective pullback - support retest?Trump-Era Tariffs Canceled: A US court struck down the “Liberation Day” tariffs, effective immediately. This boosts sentiment for industrials, consumer goods, and global supply chain-reliant stocks. The government is appealing the ruling. US Dollar Strengthens: The DXY is back above 100, up 1.8% from last week’s lows. A strong dollar helps importers but may pressure exporters and commodities. Fed Rate Cut Expectations Decline: Markets now price 42 bps of rate cuts in 2024, down from 50 bps. This supports financials (e.g. banks), but challenges rate-sensitive sectors like real estate and small caps. Mixed Eurozone Data: Positive Italian confidence figures offset weak German and French job numbers, offering slight global risk support. Limited direct impact on US stocks. Fed Flags Stagflation Risk: Minutes show the Fed is worried about stagflation. This could weaken confidence in growth stocks and favor defensive sectors. Today’s US Data Watch: Q1 GDP 2nd estimate (expected -0.3%) Weekly jobless claims Fed speakers All ahead of Friday’s key PCE inflation data Market Outlook Positive: Trade relief, resilient dollar, stronger bank outlook Caution: Slowing growth, inflation worries, fewer rate cuts Focus Areas: Industrials, financials, tech (watch for pullbacks); avoid rate-sensitive sectors short term Key Support and Resistance Levels Resistance Level 1: 6010 Resistance Level 2: 6070 Resistance Level 3: 6160 Support Level 1: 5780 Support Level 2: 5740 Support Level 3: 5700 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
US500 at a Crossroads: Diamond Pattern in PlayUS500 at a Crossroads: Diamond Pattern in Play US500 is forming a small diamond pattern, but the risk is high since the pattern is still developing and could evolve further. The price shows signs of a decline, but a strong breakout is needed to confirm the movement. Diamond patterns are typically trend continuation setups, but the final direction depends on where the breakout happens. Both scenarios are well explained on the chart PS: The best approach is to wait for the breakout before taking action. THIS SETUP IS VALID ONLY FOR TODAY You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
CAPITALCOM:US500
by KlejdiCuni
8
SPX500 watch 5900 then 6103: Double Golden zone Was/Will be TOP?SPX500 with a ferocious recovery after tariff relief. About to test a most important zone of its lifetime. Double Golden zone of a Genesis plus a Covid pair. Such a tight confluence of two major Goldens is rare. It warned us of a top BEFORE Trump even won (click). The retest could form a "Wave B" or "Bull Trap" lower high. It is PROBABLE that we "Orbit" these high gravity objects for a while. It is PLAUSIBLE that we "Blast" by them but have to retest soon after. It is POSSIBLE that "wave B" ends here and we drop deep for "wave C". I am personally a bull, but we should be PREPARED for a BULL TRAP. ================== Previous Plots below ================== 5901 TOP warning: 5668 Tariff warning: 5100 Tariff Relief Entry: =============================================== .
FOREXCOM:SPX500
by EuroMotif
Hellena | SPX500 (4H): SHORT to 38.2% - 50% Fibo lvl 5489.Colleagues, I have reviewed the waves a bit and I believe that when the strong psychological level of 6000 is reached, a reaction and correction in wave “2” is possible. I propose to consider this movement as a strong five-wave movement. Wave “1” will be over soon. I consider the 38.2% - 50% Fibonacci levels of 5489 to be the main target of the correction. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDShort
by Hellena_Trade
5
US500 Is Going Down! Sell! Please, check our technical outlook for US500. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5,960.96. Considering the today's price action, probabilities will be high to see a movement to 5,538.99. 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:US500Short
by SignalProvider
1
Skeptic | SPX 500 Update: Bullish Breakout Brewing?Hey everyone, Skeptic here! It’s been a while since we’ve checked in on the SPX 500 , but the market’s now flashing a killer long opportunity with a high R/R—don’t miss this one! 😊 Stay with me to the end for the full breakdown. Let’s dive into the Daily Timeframe to set the stage. 📊 Daily Timeframe: The Big Picture The SPX 500 pulled off a deep correction , dropping from a high of 6154.64 to lows around 4810.39 with some wild shadows that caught everyone off guard. But now, it’s firing up with fresh momentum, carving out higher highs and higher lows that scream bullish strength. The corrections in this new uptrend are super shallow and flow with the trend—exactly what we want to see! After hitting resistance at 5961.82 , we’ve had a slight pullback, but it looks like this correction is wrapping up, and we’re on the verge of the next big uptrend leg. Let’s zoom into the 4-Hour Timeframe to hunt for long and short triggers. 4-Hour Timeframe: Long & Short Setups On the 4-hour chart, the correction shaped up as a descending trendline . We broke it, pulled back, and now we’re primed to crack 5895.39. A breakout above this level is our main long trigger. To get more precise, let’s check the 1-Hour Timeframe. For the long setup , a clean break above 5896.34 gets us in the game. This move also busts through P.P. Level 1, giving us solid confirmation, and we could ride the wave up to P.P. Levels 3 or 4, targeting 5930.83 to 5956.97 . Those are prime spots to lock in some profits, but don’t close the whole position—since we’re trading with the trend, we can hold for more upside. For shorts, I’ve got nothing. Going against this bullish momentum would be pure madness! I’d wait for a sharp drop below support at 5849.67 before even considering short triggers, but right now, there’s zilch. 💬 Let’s Talk! If this update sparked some ideas, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments. Thanks for hanging out— let’s grow together and remember: Weathermen forecast. We trade! :))) ✌️
SPREADEX:SPXLong
by SkepticWise
1
US500/SPX500 Heist Plan: Grab the Index CFD Loot!Greetings, Profit Pirates! 🌟 Money chasers and market rogues, 🤑💸 let’s execute a daring heist on the US500/SPX500 Index CFD market using our 🔥Thief Trading Style🔥, powered by sharp technicals and deep fundamentals. Stick to the charted long-entry strategy, aiming to cash out near the high-risk Pink zone. Stay alert for overbought conditions, consolidation, or a trend reversal trap where bearish bandits dominate. 🏴‍☠️💪 Lock in your profits and treat yourself—you’ve earned it! 🎉 Entry 📈 The vault’s cracked open! 🏦 Snatch the bullish loot at the current price—the heist is on! For precision, place Buy Limit orders on a 15 or 30-minute timeframe for pullback entries, targeting a retest of the nearest high or low. Stop Loss 🛑 📍 Set your Thief SL at the recent swing low (5640) on a 4H timeframe for day trades.📍 Adjust SL based on your risk appetite, lot size, and number of orders. Target 🎯 Aim for 6160 or slip out early to secure your gains! 💰 Scalpers, Eyes Sharp! 👀 Focus on long-side scalps. Big capital? Dive in now! Smaller funds? Team up with swing traders for the robbery. Use a trailing SL to protect your loot. 🧲💵 US500/SPX500 Market Intel 📊 The Index CFD is riding a bullish surge, 🐂 fueled by key drivers. Dive into fundamentals, macroeconomics, COT reports, geopolitical news, sentiment, intermarket analysis, index-specific insights, positioning, and future trend targets for the full picture. 🔗check ⚠️ Trading Alert: News & Position Safety 📰 News can jolt the market! To safeguard your haul: Avoid new trades during news releases. Use trailing stops to lock in profits and limit losses. 🚫 Join the Heist! 💥 Back our robbery plan—hit the Boost Button! 🚀 Let’s stack cash effortlessly with the Thief Trading Style. 💪🤝 Stay ready for the next heist, bandits! 🤑🐱‍👤🎉
CAPITALCOM:US500Long
by Thief_Trader
SPX500USD - Key Levels to Watch Ahead of Major US Data!The S&P 500 Index (SPX500USD) is currently trading near a significant supply zone around 5885–5925. Price has shown clear rejection here multiple times, indicating strong selling pressure from institutional players. Key Levels: Resistance Zone: 5885–5925 (Supply Zone) First Support: 5659.1 – former resistance, now turned key support Major Demand Zone: 5355.3 – 5400, marked by high-volume accumulation (Visible Range POC) Bearish Scenario: If price fails to break above the 5925 resistance, we may see a potential sell-off toward 5659 first, and possibly down to the 5355 demand zone, especially with upcoming US economic data later this week (as marked by the calendar icons). Watch For: Rejection candles or bearish engulfing around 5885–5925 Break and close below 5659 for further downside confirmation Strong bullish momentum only above 5930 to invalidate bearish bias Bias: Bearish unless 5930 is broken convincingly. Technical Tools Used: Supply & Demand Visible Range (LuxAlgo) Volume Profile Support Zones Price Action Structure (1H) What do you think? Will SPX500 hold the resistance or break to new highs? Let’s discuss! #SPX500 #SP500 #TradingView #Forex #Indices #TechnicalAnalysis #SupplyAndDemand #PriceAction #SwingTrading
OANDA:SPX500USDShort
by FrankFx14
Looking at Examples of 4.23 Breaks If markets continue to make shallow dips and rally higher, or even if there's a big sell off and false break of the lows that makes a V recovery then we're seeing a whole lot of things up-trending above massive inflection points. In this post I want to show you some different examples of what has happened on 4.23 breaks. The 4.23 level is a very high probability level to trade off. Even on an intra day basis this will most often have at least reactions and can have full reversals off it. You can see in the SPX chart that the 2022 top came off the 4.23. When a 4.23 is going to be a reversal level it will often react to the 4.23 spike it out. Come back under and hold a retest. Forming a head and shoulders pattern with 4.23 as the shoulders. That setup when successful is a fatal setup for the trend. When inside the 4.23 head fake you're inside the end of the trend. Interestingly, not only is SPX at this 4.23 level but so are lots of other things. Bitcoin is, for example. BTC is often a good proxy for risk on/off so it's interesting this is at this big decision level along with SPX is interesting. In the 4.23 reversal the rejection of rallies can be so strong and abrupt there's not a chance to do anything during it. You really have to think about it in advance. But if the 4.23 break it's extremely easy to the upside for the foreseeable future. Let's start with looking at the different 4.23 decisions in AAPL over the years. This first one shows how the head fakes can be the end of rallies. This correcting relatively shallow compared to the full risk. Holding the 2.61. From this pullback and 4.23 break AAPL went up 200% without any sizable pullbacks. Advancing to the further swing. In this one AAPL began to go parabolic in the run to the 4.23. Got a bit above it. Crashed back to it. Held retests and then went into a big boom move. Almost every week closed higher in this period which continued until over 100% above the 4.23. We advance the swing again and ... what's the chances? AAPL last top is 4.23 and now we're retesting the 4.23. Now ... there are different things that can happen. But if you were to assume the 4.23 pattern in AAPL continues it'd have to do this. And if you believe that is possible (and it's possible) then the SPX chart in the OP makes a lot of sense, right? Expecting BTC would do this would be obvious if indices made that move. Look at NVDA. To overlook the risks of rejection would be fatal if wrong (this could be a simple head and shoulders like pattern) but viewed through the lens of a 4.23 pullback this would have a hyper bullish forecast to it. Over and over again you can make this case for things doubling without any major pullbacks. Candle after candle up-trends. It would not be a time to be a bear! Here's a look left on NVDA. If you had fibs from the crash range here was the 4.23 decision. We could be somewhere like here in NVDA. These are things you certainly have to respect the risk of as an active shorter of things. It'd not be good. And they're such massive outsized opportunities if they form like this that it'd be insane to not prep for what to do in this. If week after week after week is closing green and we never trade under the last week - a smart trader can build a massive position in that. Think about the positions you could build in these periods where the market never crosses your entry again. And then wait and start to trail stops when it goes parabolic. During this period there will be 10% jumps up and the trend of shallow pullbacks will continue. Carrying a bear bias into this would be bad because although the trend never breaks there a enough pullbacks to mean you can easily end up bearish in the worst rally zones. If betting on things like bull traps/spike outs. These moves above the 4.23 are very common. A sharp doubling of the trend happens above the 4.23 a lot! If SPX is going to break it and have the common reaction - everything is going vertical. There are lots of things that are at the 4.23 zones now and you can add 100% onto the 4.23 and think it's probable it will get to there and head fake over it a bit. 100% should be a fairly "Safe" target for the 4.23 break. More speculative ideas would be to look for things that are currently down a lot and draw a fib from the high to the low of those. If we enter into a mania condition where indices are up every week then we might see mania in the hyper speculative things that were in favour previously. Example; Not think this sort of thing works on doge? We have a current 4.23 top and a drop to the 1.27. That's the full predicted correction off a 4.23. It's not always the bottom - but this is the target for a 4.23 drop. Doge may have completed a full 4.23 cycle and be heading into the next. Absolutely possible. If that were true, this would be set to begin to trend very hard. The consideration has to be what if SPX is here. It'd be fair to say the odds of this are low but how high would they have to be to make it worth considering? People act as if the idea of considering massive downside risk means you're scared to take upside risk. Which isn't the case. If anything, I am advocating for more aggressive upside risk betting on the solid trend continuation with tight trailing stops if the breakout is made. Inside the area where we have most chance of a pullback in an uptrend and a wipe out top in a reversal I'm extremely aware of what those risks might look like, but I won't be "Side lined" in a breakout. It means I don't want to broke if the extreme risk thing happens. Indices could more than double or more than half off the 4.23 decision. We're in a really interesting time. If we break I plan to trade as if we're going to be up and up every week. Only take long setups. Maybe have a few macro short levels along the way but be mainly a perma bull. If we get the consistent buying weeks I'll expect all dips will be bought and the uptrend will turn into a parabolic run, I'll act accordingly. And if we start to get massive 10 - 20% weekly candles somewhere over 10,000, I'll suspect that may be blow off action and start to think about fading. By this time we'll be at the next set of important fib levels and I'll use a very similar form of analysis. If you use any half decent trend strategy with a stop loss you really can't lose money in a typical 4.23 breakout. Even those mindlessly buying with no downside control can run up a lot (although it's questionable if they get to keep it or not). The fact this is a possible outcome for bears if the resistances fail at this level is something I think macro bears should consider, deeply. Because you don't have to "Be wrong" for this to happen. If your thesis this is all a big stinking bubble - your biggest risk isn't you're wrong, it's you're right! And we're inside the bubble. Not at the end of it. Bubbles FREQUENTLY double into their end points. This would be a major opportunity for any who embraced it. I do think seeing this happen would be warning things were going to get ugly later but the money to be made in the 5000 - 10,000 run would be exceptional. Accumulating intra day/week with trailing stops would probably see you hit trailing stops about three times most of them you getting in lower and you could end up making 1.000% for the 100% the market went up - and do this while keeping risk capped low since you're always trailing stops to lock in profit. The opportunity isn't in the price forecast/% as such. It's more in the fact that if it is right it should be evidenced by those periods of extremely consistent trend. These will go on for a long time. Be interrupted. Chop / drop and then resume. The amount you can make in those types of trends if you expect them is off the page. And it'd be easy. There's a few times it'd be tricky and these can be deal with by simply waiting - because later it will be easy. What makes this all the more important to consider for bears I think is the fact that we could say the highest probability way that SPX makes this move is by dumping under the last low to retest the 4.23 first. Which would feel very bearish. Very "I should sell the rip" ish. The move that this would make is one I already have marked in as a warning that we could end up going significantly lower. I have to understand all those conditions could fill and even although it all looks exactly like a bear setup, it's actually a 4.23 retest. Very different things for the next swing. Every major high and low in SPX during the last decade has interacted with the fibs from the 2008 low. They've marked out the highs/lows better than anything else. We're now at the most important one of those. It hit in 2022 and since then we've been inside the suspense period of it. The 4.23 reaction didn't tell us all that much. A 4.23 spike out doesn't tell us all that much. Both of these things happen in the bull and bear moves. But the actual decision after the attempt to break 4.23 matters a lot. Whatever happens here is likely to be the most pivotal decision point so far.
SP:SPXLong
by holeyprofit
SPX500 H1 | Overlap resistance at 61.8% Fibonacci retracementSPX500 is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,881.33 which is an overlap resistance that aligns close to the 61.8% Fibonacci retracement. Stop loss is at 5,945.00 which is a level that sits above the 78.6% Fibonacci retracement and a swing-high resistance. Take profit is at 5,823.81 which is an overlap 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 (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:SPX500Short
by Tradu
S&P INTRADAY uptrend consolidation supported at 5793US Equities poised for a post-holiday rebound, with futures up following Donald Trump's decision to delay EU tariff implementation until July 9. The temporary reprieve has improved short-term risk sentiment, with the EU seeking to fast-track trade talks focused on critical sectors—potentially bullish for industrials, autos, and tech exporters. Geopolitical Risk Elevated Western pressure on Russia is intensifying: Germany's decision to allow Ukraine long-range strikes into Russian territory marks a notable escalation. Trump signaled potential new sanctions against Russia and sharply criticized Putin, increasing global risk premiums. This could fuel defense sector strength and lift energy stocks if geopolitical tension drives oil prices higher. FX Pressure – USD Weakness Persists The U.S. dollar remains under pressure, despite a slight intraday bounce. It has fallen over 7% YTD, hitting its lowest level since 2023 last Friday. Speculative traders and hedge funds are building USD short positions. Drivers of weakness: Trump’s tariff rhetoric, and concerns over the expanding U.S. fiscal deficit. Trading Implications: Risk-on tone favors growth stocks, tech, and cyclicals. Multinationals may benefit from USD weakness, improving earnings translations. Defense stocks (e.g., RTX, LMT) could gain from the escalation in Ukraine. Watch for volatility as headlines shift around trade, tariffs, and Russia. Key Support and Resistance Levels Resistance Level 1: 5970 Resistance Level 2: 6010 Resistance Level 3: 6085 Support Level 1: 5793 Support Level 2: 5730 Support Level 3: 5685 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