We Have a Full Pattern into The Target BoxI am now looking for a 5-wave pattern to develop to the downside, followed by a 3-wave retrace, that in the coming weeks can take us back out of the Target box to the downside. Price must breach the 5578 area to give us any indication the pattern to the upside below is cracking.
SPX trade ideas
S&P 500 Breaks Out โ Trump, Tariffs & Bullish Island PatternDonald Trump has mentioned the US stock market in every meeting he has held in the past few days, which has caused the US stock market indices , including the S&P500 Index ( SP:SPX ), to rise:
"Better go out and buy stocks now".
President Donald Trump told a crowd in Saudi Arabia on Tuesday that the markets are just getting started. โItโs going to get a lot higher,โ he said, right as the S&P 500 posted its first gain since late February.
But one of the main reasons for the increase in the S&P 500 Index and US stocks is The United States has dropped its tariffs on Chinese goods to 30% , down from a brutal 145% , while China is slashing its own duties on US imports to just 10% , temporarily, for the next 90 days .
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Now let's take a look at the S&P 500 Index chart on the daily time frame .
S&P500 Index managed to break the Resistance zone($5,737_$5,506) and 21_SMA(Weekly) by Breakaway Gap .
In terms of Classic Technical Analysis , the S&P500 Index has managed to form a Bullish Long Island Pattern , and this pattern is one of the continuing patterns and will be a sign of the continuation of the S&P500 Index's upward trend .
In terms of Elliott Wave theory , it seems that the S&P500 index has completed the corrective wave and is in new impulsive waves , which could cause a new All-Time High(ATH) to form.
I expect the S&P500 index to increase by at least +5% as it approaches the Uptrend line , and we will see the possibility of a new ATH .
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD), Daily time frame.
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Do not forget to put a Stop loss for your positions (For every position you want to open).
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$SPX Urgent! My <3 & My Soul: Slow Bleed Crash to 3k by Q4 26' Do be warned. Very important post here. I put my heart and soul into this. I made a video earlier and then it got deleted by accident, so I made a less happy one right after. I've got news for all the bulls and investors out there that feel they will be able to continue buying every single dip out there. Get ready for the dip that keeps dipping. Big names already cracking heavy. NASDAQ:META NASDAQ:TSLA NASDAQ:AMD NASDAQ:NVDA to name a few. Big tech is getting cleaned out and layoffs are on the rise. Tariffs create huge amounts of uncertainty. I don't feel like this is rocket science. Buffet is all cash. 89% of Hedge Fund managers believe the US market is the most expensive its ever been and Tutes have been selling at the highest rate ever before. I think it's time the US finally gets a shake down. Bullish conditioning has been running rampant, and I've seen Social Media Accounts discourage charting and only paying attention to price action? Price action involves the entire collective, not just one Timeframe. Anyways, here's an overlay from 01' ... the only one I could find that matches. Says short 560 around May 7th and then take profits around 500 again. Let's make this a nice one. Calls till 560 into May then flip to Puts into June. From then short 530 every time you can. $450 is My first target after we break previous lows. I will update as we go. Have a good one yall.
US500: Resumed the Predominant TrendUS500 Resumed the Predominant Trend
US 500 index on a 4-hour timeframe, is showing upward price movement with target levels marked at 5,980 and 6,100.
The current price is indicating strong bullish momentum after the breakout of this solid triangle pattern.
The price may test the broken resistance zone again near 5730 before it moves up further.
If the price holds above key support levels, it could aim for the upper targets.
You may find more details in the chart!
Thank you and Good Luck!
โค๏ธPS: Please support with a like or comment if you find this analysis useful for your trading dayโค๏ธ
US500 - Let the Bulls Strive!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
๐US500 has been overall bullish trading within the rising channel marked in red.
Moreover, the blue zone is a strong support and structure!
๐น Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower red trendline acting as a non-horizontal support.
๐ As per my trading style:
As #US500 approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
S&P500 Alert! Entering a medium-term SELL ZONE!The S&P500 index (SPX) has recovered the 0.786 Fibonacci retracement level, limiting the Trade War losses considerably. Trading this week above its 1W MA50 (blue trend-line), the index has confirmed that it resumed its long-term bullish trend.
On he medium-term though attention is needed as we're headed towards a range, which in the past 10 years has historically been an interim Sell Zone. That's the 0.786 - 0.9 Fibonacci range, which since the 2016 correction, it has always rejected the uptrend of a 1W MA200 (orange trend-line) led recovery.
On 3 out of 3 occasions so far (April 2016, June 2020, July 2023), every time the price tested the 0.9 Fib, it got rejected back to its 1W MA50 (blue trend-line). In 2023 the pull-back bottomed in 3 months but in 2020 and 2016 it took considerably less.
As a result, we call for caution near the 0.9 Fib for a potential medium-term pull-back but on the long-term the bullish trend is intact and historically it targets a minimum +27.74% from the All Time High (ATH), which is translated into a 7800 Target.
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sp 500 trend down S&P 500 remains in a broader downtrend, driven by persistent economic uncertainties and inflationary pressures. Despite a recent correction, with the SPY rising approximately 2.5% from $551.23 on April 25 to $565.00 on May 9, this uptick may be temporary, as market sentiment and macroeconomic indicators suggest ongoing volatility and potential further declines
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 โ2โ is possible.
I propose to consider this movement as a strong five-wave movement. Wave โ1โ 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!
S&P 500 Index Most Bullish Signal In 15 YearsThis is why it is very clear, certain, that the stock market, the S&P 500 Index (SPX) is set to grow in the coming months. Last week produced the highest volume session, on the bullish side, since April/May 2010, that's 15 years. Back then, when this signal showed up, this index went to grow for years non-stop.
The SPX also produced the strongest weekly session in several decades, maybe the strongest week ever, and a bounce happened (support found) exactly at the 0.618 retracement Fib.
This is all we need to know. When the bulls enter the market and do so with force, it is because the market is set to grow. The correction produced decline of 21%. This is pretty standard. The fact that the correction happened really fast, it means that it will also have a fast end.
The low is in. The correction is over. The S&P 500 Index is set to grow.
You can be certain. If you have any doubts, just ask the chart.
Namaste.
S&P Trade Plan for 12/05/2025Dear Traders,
The index continues its upward trend toward the 6000 area, and after a correction from this level, it will be ready to launch a strong bullish move.
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza
The Relief Rally is at ResistanceThe SPX touched the main support line, it bounced after the "Buy the Dip" setup until it reached the S/R level at 5,600. This level is at the end of the relief rally, and we can say we're "back to normal".
However, this is a critical point where this support was broken in the past and since support turns into resistance when broken, the most probably price action is a retracement back to the main support line, where depending how the market interprets the Fed Decision it may create a bounce and we can expect it to be consolidating in a trading range.
The main S/R trading range becomes , and if the market gains enough momentum, it could jump to the upper trading range .
It is not likely that the Fed will lower interest rates, since the effects of Tariffs is yet to be known. Inflation has been kept in check since the "soft landing", currently at 2.40%. Lowering interest rates now without knowing the collateral damage of tariffs would be a wild bet.
SPX : A Classic Blow-Off Top FormationWhat we are seeing now is NOT healthy. The rise is not due to a great economy. This rise is due to great stress in the system - no fundamentals, just positioning, leverage, and illusion. All the clues are there for all to see.
And when this time it collapses, it would be UGLY.
This is another GOOD time to SELL.
Good luck.
SPX500 SLOWS DOWN AT BEARISH ORDER BLOCK!With SPX500 index slowing down at the bearish order block, the next trading week most likely will be bearish...
N.B!
- SPX500 price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#spx
#spx500
#es
SP500 Time to be bearish againWatch out bulls, don't play hero. Bears are around the corner.
Probably gap up again tomorrow and push to 5937 and that's it because bears time is coming into play to take price down to 5760 and by the end of next week it should be around 5675 (if not sooner). Buckle up ladies and gentlemen we are going into a wild...wild ride.
S&P500 Historic reversals like this delivered even +100% gains!The S&P500 (SPX) is making a remarkable bullish reversal and on the monthly (1M) chart is even more evident due to April's candle, which almost closed flat leaving a huge wick under it, a feat we've never seen in recent history.
What we have seen however since the 2008 Housing Crisis, is every time the index hits (or approaches) its 1M MA50 (blue trend-line), it reverses to an incredible rally, technically a new Bull Cycle.
This is what happened in April, the index came a breath away from the 1M MA50 and delivered the strongest monthly bullish reversal of our time. On top of that, it hit and rebounded exactly on the former All Time High Resistance, which held and turned into Support. All such Resistance levels since 2008 have held. Also note that the only time the 1M MA50 really broke (closed the month below it), was during the March 2020 COVID flash-crash, which is a non-technical event/ irregularity and still it rebounded on the 1M MA100 (green trend-line).
The minimum long-term rise that SPX had after such correction was +76.20% and the maximum +104.17%. Assuming the minimum price increase for the current emerging rise, we expect the index to hit 8300 by late 2027.
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[๐ฌ๐ฑ/๐ญ๐ฎ] ๐ช๐ฒ๐ฒ๐ธ๐น๐ ๐ฆ๐ฃ๐ซ ๐๐๐ซ ๐ฃ๐น๐ฎ๐๐ฏ๐ผ๐ผ๐ธ๐ IF/THEN QUICK GAMMA PLAYBOOK
IF > 5825 THEN path to 5900 โ stall/profit-taking likely
IF > 5900 THEN path to first 5950, then 6000 โ gamma squeeze extension zone
IF < 5825 THEN path to 5700 โ test of transition zone support
Chop Zone: โ re-entry = short-term balance/testing zone
IF < 5700 THEN path to 5500 โ gamma flush / dealer unwind risk
๐งญ ๐๐ซ๐ง๐๐ก๐๐๐ ๐ญ๐ข๐ก๐ ๐ ๐๐ฃ/b]
โ
Gamma Flip Level
5700 โ This is the confirmed Gamma Flip level = High Volatility Zone = HVL. We are comfortably above it, confirming positive gamma environment.
๐งฑ Major Call Walls / Resistance to upside from here
5900 โ Significant call resistance zone (highlighted across GEX, profile, and /matrix command). 5825โ5900 = Current rally zone โ expected stall at 5900 (Profit-taking zone)5950 โ Next mid-large positive gamma wall to the upside, mid-station between mounts. Dealers short gamma, adding fuel to breakout.6000 โ Positive Gamma squeeze continuation target. Gamma squeeze intensifies โ likely extends to 6000.๐ฆ Transition / Chop Zone
5700โ5825 โ Previous chop range. Retrace could test this before renewed upside.Currently outside and breaking up from this zone, indicating trend initiation.
Balance zone from prior structure.
Expect fade setups if price dips back in.
Needs catalyst or strong sell flow to re-enter meaningfully.
๐ก๏ธ Major Put Supports to the downside
5700 โ = HVL, also aligned with pTrans and Put support.Dealer unwind risk, downside opens.5500 โ Key level if the 5700 zone fails โ โtotal denial zoneโ of current FOMO.
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This weekโs SPX setup remains decisively bullish from a gamma perspective. The GEX profile shows strong positive gamma, with institutional and dealer hedging flows firmly positioned to support continued upsideโespecially into Fridayโs OPEX. The environment is ideal for a controlled melt-up: volatility is softening, implied volatility is trending lower, and thereโs no sign of panic in the options market.
Put pricing skew is also declining, which suggests reduced fear and a shift toward more aggressive call buyingโanother sign of bullish sentiment. Dealer positioning implies that any upward momentum is likely to be chased and hedged into, reinforcing the trend.
However, traders should stay alert: if SPX slips back below 5825, we may see a pause or retracement back into the 5700โ5825 transition zone. Only a decisive break below 5700 would flip the gamma regime back to negative and open the door to real downside volatility.
S&P500 - The bottom we have been waiting for!The S&P500 - TVC:SPX - officially created the bottom:
(click chart above to see the in depth analysis๐๐ป)
This month we officially saw one of the craziest stock market fakeouts of the past decade. With a drop and reversal rally of about +15%, the S&P500 is about to even close with a green monthly candle, which then indicates that the stock market bottom was created.
Levels to watch: $120, $250
Keep your long term vision!
Philip (BasicTrading)
S&P500 Short: Update to Wave StructureAs mentioned, this is the 4th attempt to catch the peak for S&P500 (and Nasdaq). Over here, I break down the details of the wave structure to the subminuette level at the final wave. I believe this to be the final peak given that I do not see any more extension possible without changing the entire up-move wave labelling.
As usual, manage your risk and use a stop loss above the end of Wave Y.
Good luck!
Bearish Alt-Bat Pattern Completed on SPX | Potential PullbackOANDA:SPX500USD
The Index is approaching a critical technical juncture as a bearish Alt-Bat harmonic pattern* completes on the 4-hour chart. This formation, finalized at the 113% Fibonacci extension level at $5,924 , signals a potential shift in market sentiment after a sustained period of upward momentum. Price action recently touched a new high at $5,924 , with immediate fractal resistance forming just above at $5,927 .
Despite this bullish extension, momentum indicators are flashing warnings. Both RSI and MACD are showing clear signs of bearish divergence, indicating that upward strength may be waning. When momentum weakens while prices continue rising, it often suggests that the underlying trend is becoming unstable.
A decisive break below $5,849 would likely confirm the patternโs bearish implications and open the door to a corrective move. In that scenario, we will be watching for potential support near $5,579 , a previously tested level. If selling pressure continues, the next downside target could be around $5,500 , aligning with the 38.2% Fibonacci retracement level and the projected Alt-Bat target zone.
* This setup doesn't guarantee a reversal, but it significantly raises the probability of a pullback in the short term. Price confirmation below key levels will be essential to validate the pattern and assess the strength of any emerging downtrend.
Happy Trading,
Andrรฉ Cardoso
SPX: US-China tariffs talkOne of the most important weekly events was the FOMC meeting, where its members held the interest rates unchanged for one more time. Many analysts are in agreement that the Fed made the right decision, without jumping-into-conclusion regarding the potential negative effects of trade tariffs. However, this topic was addressed by the Fed Chair Powell, at his after-the-meeting address to the public, where he noted a confidence that the Fed will react immediately in case that stronger negative effects of trade tariffs reflect in the economy. Here, he noted once again the dual mandate of the Fed - to keep full unemployment and inflation at the targeted 2%. The market reacted positively to his speech, bringing the US equity markets to the higher levels. The S&P 500 gained during the week, from 5.586 to 5.713. However, Friday's trading session was with a negative sentiment, considering forthcoming US-China tariffs talk, expected to start soon.
At the same time, the US managed to settle trade tariffs at the level of 10% with the United Kingdom. Analysts are commenting that this might be a general level for the majority of other countries. However, the US President published on social networks that he hopes to settle tariffs with China at 80%, which is still too high. Considering forthcoming talks between two governments and also taking into account that China is one of the most important trading partners with the US, the market sensitivity will continue to be in an on-off mode. This means that the market volatility will most certainly continue in the coming period.
SPX 500 Downtrend MovementGreetings Traders this is my analysis on SPX500 and it is Short
๐ Overview:
Current price: 5,901 (in the opening zone of the short position).
The analysis points to a short strategy โ the author predicts a price decline with the opening of a position between 6.009 and 6.023, aiming for 5.394โ5.392.
๐ฉ Zone of resistance (Resistance level):
Major resistance level: 6,153.39
Price has reacted at that level in the past and has previously been rejected, making it a strong psychological and technical barrier.
๐จ Entry and Expectation Zone:
Open Position zone: 6.009โ6.023 (brown zone)
Expected reaction: short signal, if the price is likely to bounce off the resistance and head lower
"First Top" and "Breakout" formations are observed, which is often a sign of a subsequent decline
๐ป Anticipated correction:
Target zone: 5.394โ5.392
It is the previous levels of consolidation and the possible target of a short position
An arrow is shown predicting a price drop from the current level
๐ด Support Zone (Support Level):
Main support: 5,091.52
If the price breaks through the target level, it can even go down to this support
๐ง Technical elements:
Elliott Wave marks the completion of the impulse and corrective phase, suggesting the end of the upward wave
Impulsive movement and a drop in price indicate the possibility that the current correction will end and the price will move downwards again
A possible support area has already been tested, but it may be active again
๐งฉ Conclusion:
Strategy: short entry at ~6,010โ6,020
Stop loss should be above 6,153 (above strong resistance)
Target: 5,394 (possible continuation of downward trend)
The plan is based on price action analysis, waves and recognition of key zones
Dear Traders like,comment let me know what do you think?