92 Years Resistance S & P 500 PRICE TRADING NEAR MULTI DECADE RESISTANCE . Looks like price try to create a TopShortby PrasantaP4
SPX: positive sentiment will holdAnalysts are noting that the S&P 500 ended its best week in 2024. Although the year is slowly approaching the New Year holidays in December, the market sentiment continues to remain quite strong. The index reached its fresh new all time highest level at 6.043, breaking its 6K level. One of the topics which pushed the semiconductor and chip producers shares to the upside was the Bloomberg report, which noted that additional barriers on the sale of semiconductors to China, imposed by the Biden administration, was not so severe, as the market previously perceived. Market favourite Nvidia surged by 3%, while other semiconductor and chip producers followed the move. Some influence to the equity market came also from the US bonds market, which eased in expectation of further rate cuts and its positive impact to the economy. As per CME Group FedWatch Tool there is currently 66% odds that the Fed will cut interest rates at their December meeting by additional 25 bps. As long as such a sentiment strongly holds on the market, it could be expected to have a further positive impact on the value of the equity index till its final slowdown nearing the New Year Holiday. At this point, the S&P 500 gained around 24% for the year, which is its best yearly results since 2021. by XBTFX7
Nightly $SPX / $SPY Predictions for 12.2.2024🔮 📅Mon Dec 2 ⏰10:00am ISM Manufacturing PMI 📅Tue Dec 3 ⏰10:00am JOLTS Job Openings 📅Wed Dec 4 ⏰8:15am ADP Non-Farm Employment Change ⏰10:00am ISM Services PMI ⏰10:30am Crude Oil Inventories ⏰1:45pm Fed Chair Powell Speaks 📅Thu Dec 5 All Day OPEC-JMMC Meetings ⏰8:30am Unemployment Claims 📅Fri Dec 6 ⏰8:30am Average Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate #trading #stock #stockmarket #today #daytrading #swingtrading #charting ⏰Longby PogChan0
Standard & Poor's: Time is running outIn this idea i will share you the details from an Italian traders that let me think about an important correction from a technical and cyclical point of view: 1) On the max side: We are going to close a 3+ month cycle that could be the final part of the maxi cycle (max side) started at the end of 2021 and now, approaching to a close. Now we are in the third time of the 3+month cycle and we can have just another long try in the zone of the purple trendline (as drown by the zig-zag line), but i don't expect an important raise of the price. Then we can see the test with the trendline and understand better. But surely, max after the first 10 days of december we can start the descendig phase. Yes Sir, no Chrimtas Rally this time. 2) On the min side: We are on the second 3+month cycle, currently counts 18 daily bars and thinkig that we did not found a close for the first half cycle for the first month, and for what we discussed above for the max side cycle close, I expect that the time is running out and we're gonna to find a minimum also because I rember you that we are in 3rd time of the cylce started in Nov 22: first time oct 22, ott 23, second time oct 23, ago 24, third time ago 24 - ???. Then, I remember you that also this cycle, is part of the mega-cycle started after the covid-pandemic in march 2020, and that in this march it turns 5 years. So, I expect that starting shortly, we are going to start a bug desending phase with min target correction 20-25% I expect that the first interesting target from the descending point of view will be in the area of 5,702.86, low of Nov. 4,. 3) Moreover, there is an important divergence between the price and the RSI, an additional sign to support the shift in the market paradigm that I expect. If u find interesting my idea, please support me with a boost and feel free to ask questions in the comment. Thanks in advance for the attention. Hasta la vista! Omar LimaShortby omarlima95464
SPX near to short term reversalIn my view SPX will reverse @6068 area to target 5650 area where bullish trend will restart to new ATH @6222 where I expect massive crash in 2025 to 4900 at least , in extension we could test 3600 areaShortby mpd0
Market SnapshotHighly suggest you give it a read www.elliottwave.com The socionomic theory of finance (STF) proposes that economic and financial markets are fundamentally different from each other. The differences manifest at both the individual and aggregate levels and arise from the opposing contexts of relative certainty in the economic marketplace vs. pervasive uncertainty in the financial marketplace. In economic markets, producers and consumers, due to knowledge of their own values, consciously apply reason to decision making. This results in exogenously motivated objective pricing. In financial markets, speculators, due to ignorance of others’ future actions, unconsciously apply herding impulses to decision-making. This results in endogenously motivated subjective pricing. The opposing motivations of producers and consumers cause economic markets to tend toward equilibrium, mean reversion and price stability, in a process regulated at the individual level by utility maximization and at the aggregate level by the laws of supply and demand. The unopposed motivations of speculators cause financial markets to tend toward dynamism in a process regulated at the individual level by spontaneous commands and at the aggregate level by the law of patterned herding. The pricing model for economic markets is the random walk. The pricing model for financial markets is a hierarchical fractal called the Wave Principle, described in the Elliott wave model. Neoclassical economic theory and, in finance, the efficient market hypothesis fail to discern all of these distinctions and inappropriately apply laws of economic causality to finance. Shortby Heartbeat_TradingUpdated 10
Slowly going up for SPX500USDHi traders, Last week SPX500USD did not drop but slowly went up some more. It could be making an ending diagonal here. So next week we could see price go up some more. Trade idea: Wait for ae correction down to finish and make a change in orderflow to bullish. After that you could trade (short term) longs. If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals. Don't be emotional, just trade! EduwaveLongby EduwaveTrading3317
S&P500 Is The Bull Run Over? Short From April 2025Above we can see that the S&P 500 has formed a inverse Head & Shoulder pattern over a 3 year period, before finally breaking this key level of resistance come support 4820. Usually we expect price to then travel equidistant from the Head to Neckline in the direction of the break. Therefore, we can see that the potential price top after this pattern plays out is 6651.5. We can also see that the S&P 500 has been trading within a parralel channel, starting with the second half formation of the Head & Shoulder pattern in October 2021, albiet with one false break below the lower trend in September - October 2023 before contiuining to respect the channel until today. This channel allows us to see where our target of 6651.5 hits out upper channel resistance line. Which happens on the 7th April 2025. Fundamentally, this coincides with the current landscape being set out by Trump, with his harsh tariffs on Canada, Mexico, Europe and China he is very likely going to cause bottleneck inflation, delayed after he initially implements them in the new year. Combine this with the Federal Reserve lowering interest rates, the yield curve un-inverting, geopolitical risk and energy supply bottlenecks for the AI industry. I believe we are about to see 5000 hit potentially by the end of 2025.Shortby Who-Is-Caerus221
SPX - 5th wave is unfolding as ending diagonalSharing some upcoming target for spx.. No one can predict the top including me as well. TA - As a humble science trying to take a guess where top would beLongby cuteCode853502
S%P500 The Bull Run Is EndingUsing a variety of technical methods as well as combining previous price movements and structure we can see that the S&P500 is very very close to a potential all time high and end of a bull run, of 6100 - potentially a push to 6450. Fundamentally, this coincides with the current landscape being set out by Trump, with his harsh tariffs on Canada, Mexico, Europe and China he is very likely going to cause bottleneck inflation. Combine this with the Federal Reserve lowering interest rates, the yield curve uninverting, geopolitical risk and energy supply bottlenecks for the AI industry. I believe we are about to see 5000 hit potentially by the end of 2025. Stay alert, buying here is a HUGE risk. Personally, I would avoid shorting the S&P, but knowing when it will fall gives us the opportunity to put our capital elsewhere to make great returns that wont be effected by this bear season, ready to heavily invest once we see the S&P hit 5000.Shortby PizzaExpress2
S&P 500 is climbing upwardsS&P 500 is climbing upwards The market’s move reflects ongoing digestion of mixed US economic data, supportive seasonality, and cautious optimism among investors. US Economic Data Highlights Data provided a mixed snapshot of the US economy, contributing to the market’s recent fluctuations: - **Chicago Fed National Activity Index (Oct):** Fell to -0.40, below the expected -0.2. - **Dallas Fed Manufacturing Index (Nov):** Came in at -2.7, worse than the forecast of -2.4. - **New Home Sales (Oct):** Declined to 0.61M, significantly missing expectations of 0.73M. - **Richmond Fed Manufacturing Index (Nov):** Plunged to -14, below the forecast of -10. - **Durable Goods Orders (Oct):** Increased by just 0.2%, underperforming the 0.5% forecast. - **Initial Jobless Claims (Nov 23):** Reported at 213K, slightly better than expected (216K), but still pointing to a resilient labor market. - **Chicago PMI (Nov):** Dropped to 40.2, well below the anticipated 44, highlighting weakness in manufacturing. Market Sentiment and Seasonality Seasonality continues to work in favor of the S&P 500, as historical trends during this period often support equities. The **Fear & Greed Index**, currently at **64 points**, reflects moderate optimism and a "Greed" sentiment, which typically aligns with risk-on behavior in the markets. Rate Cut Expectations Markets remain focused on the Federal Reserve’s upcoming meeting on **December 18th**, with a **66,3%% probability** currently priced in for a **25 basis-point rate cut**. Such a move could provide additional support for equities by easing financial conditions, though its long-term impact remains uncertain. Geopolitical Risks While market sentiment has improved slightly, risks remain in the background. The ongoing war in Ukraine continues to pose threats to global stability, with potential knock-on effects on energy prices, supply chains, and economic performance. Long-Term Trend Intact, but Volatility Likely The S&P 500’s long-term upward trend remains intact, bolstered by supportive seasonality, stable GDP growth, and investor optimism. However, the current environment of mixed economic data and rising policy uncertainty suggests that market volatility could persist in the short term. Broader Context 27.11 data underscored a steady but moderating US economy, while forward-looking risks remain: - **Global Economic Outlook:** The S&P Global forecast anticipates global GDP growth of approximately 3% by 2025, with US growth slowing to below 2% next year and China toward 4%. - **US Policy Risks:** Potential policy shifts under the new administration could elevate inflation pressures and tighten financial conditions, introducing further uncertainty for equity markets. Implications for S&P 500 Today’s modest gain shows resilience in the face of mixed signals from economic data and global risks. With supportive seasonality and a strong likelihood of a December rate cut, the S&P 500 may find short-term support. However, investors should remain vigilant, as volatility is likely to persist amid policy uncertainties and geopolitical risks. What’s your outlook for the S&P 500 after today’s rebound? Can the market sustain its gains, or will headwinds from mixed data and global risks take over? Share your thoughts in the comments!Longby InvestMate114
S&P 500 HYPERWAVE CRASH The S&P 500 is currently going through a huge macro hyper-wave, this has been confirmed. This has already been calculated and factored into the 'algo', I'm highly confident we are approaching the final stages of 'wave 4' which will end in resumption to the downside (wave 5) and followed by the 'bounce' or 'wave 6'. After wave 6 has concluded, it's game over. Wave 7 will complete the hyper-wave and will be catastrophic to not only the markets but the economy by extension... please keep this in mind as when this all comes down we're entering something far worse than the 1929 crash and the great depression that followed.Shortby BernerTrades222
SPX500 Positioned for Growth, Watch 6050.9 ResistanceHello, VANTAGE:SP500 is currently holding firm, but a downside pullback is anticipated soon. However, there's still significant upside potential ahead. The price is positioned for further growth. Key resistance to watch is at 6050.9; a breakout and sustained move above this level would signal continued upward momentum. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33441
SPX macro analysis ⏰ Hello 👋 it's me your RAJ 🙂 professional trader ✨ This idea 💡 is completely my own analysis to explain situation _&_ market conditions of CBOE:SPX How this chart valid for long term 📌 explained clearly based on technical #TA 📌 #DYOR Let's go with market conditions 1st 👉 PPL 📌 thinking 🤔 big crash in S&P500 , based on economy and some other theories I don't this things go , if this happens 😂 it will vanish not only stocks or companies even goverment also get vanish Money 💰 >> PPL work / save in -> gold , bank & stocks Money 💰 >> banks -> save in ->> gold , stocks & giving loan to company & PPL 📌 Money 💰 >> companies -> save in future growth 📈 give return to retailers and keep on increasing vlaue for future like NASDAQ:AAPL , NASDAQ:GOOG , NASDAQ:AMD etc .... if stocks lose 📌 PPL lose 📌 if ppl lose 📌 goverment also lose 📌 biggest revaluation 😂 This is the major index ☝️ for many stocks , did you think 🤔 it will crash 🩸 that much harder 🙂 Use 🧠 👀 Let's go with my technical analysis ⏰ #TA ->> how I am expecting macro growth 💹 👀 There tend line 🙄 at previous High 2022 > to < 2023 which actually promised trend 📉 line and even turned as resistance 📌 for 1.2yr + Finally it was broken and re-test also done 👍 turned as support 📌 💜💚 🚀 👀 According technical analysis 📌 my analysis get Invalid 📌 when month close below $3800.2 👀 There was oder block strong 🚀 support 📌 in 3 - month $4000-4200 👀 The previous order block at $4300 & $4600 easily broken 😂 These and some other theories making me push towards new high 💰 Expecting target's 🎯 🎯 :: $4880-$5018 ( easy target ) 🎯 :: $5324-$5469 ( 💯 target ) 🎯 :: $5885-$6484 ( high pressure resistance ) Support 📌 $3900-4200 This is my analysis on S&P500 on macro , i will post other patterns and chart of technical as per education under this post 📌 ----------------------------------------------------------------------------------------------------------------------------------------------------------- 🪩 disclaimer : ▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌 Note 👀 👉 keeping comments , reacting with emojis , pointing us is very easy to some people They think 💬 what they see 📌 that was knowledge 📌 We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important Economical conditions Fundamentals Technical News Sentiments Checking macro to micro having good plan and build it is very important ☺️ Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛 I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post Try to understand, try to learn - try to move with flexibility with market is important Have good day 😊 Longby raj5_7_5Updated 6
Do bulls have anything left? crash on its waySo looking, at all the key indicies, there is a good probability of the market topping soon. If you take a fib retracement from the low of 2008 to the highs of 2020, before the covid crash. If you look at the 1.618 golden ratio, you will see that the markets are begining to see some resistance. Spx about to approch its 2 fib, and approaching 1 on the trend based fib extension. Im expecting a top soon, if not december then defintely in feb/marShortby stupidman122120
S&P500 thoughts (30 November 2024)The S&P 500 is the ponzi scheme that continues to go up If you wanted to make a 'safe' investment for the future without incorrectly timing the market, unloading a ton of capital into it when the RSI crosses below the 50 mark is never a bad idea It was also good at timing the BTC bottom twice in a row, although it did give a false read in May 2022 so not reliable on its own, need some confluence by autismsupercycle117
S&P 500 Daily Chart Analysis For Week of Nov 29, 2024Technical Analysis and Outlook: In this week's abbreviated trading session, the S&P 500 index has demonstrated significant upward movement, successfully retesting the completed Outer Index Rally level of 6000 and maintaining its position above the Mean Resistance level of 6008. The primary objective is to reach the Outer Index Rally target of 6123, with the potential for further extension to the subsequent Outer Index Rally level at 6233. This notable ascent toward the Outer Index Rally target of 6123 is projected to induce a pullback to the Mean Support level of 6000, facilitating the bullish trend's next phase.by TradeSelecter1
S&P 500 is climbing upwardsS&P 500 is climbing upwards The S&P 500 rebounded with a modest 0.36% gain today. The market’s move reflects ongoing digestion of mixed US economic data, supportive seasonality, and cautious optimism among investors. US Economic Data Highlights Data provided a mixed snapshot of the US economy, contributing to the market’s recent fluctuations: - **EIA Crude Oil Inventories:** Fell by -1.844M barrels, exceeding the forecast of -1M, signaling tighter supply conditions. - **US GDP Growth (Q3, Second Estimate):** Steady at 2.8%, unchanged from the previous estimate, highlighting consistent economic expansion. - **Personal Consumption and Spending:** October’s real personal consumption rose by just 0.1% (forecast: 0.2%), while consumer spending grew by 0.4%, meeting expectations but showing a slowdown from revised data of 0.6%. - **Durable Goods Orders:** Increased by 0.2%, falling short of the 0.5% forecast, reflecting weaker demand for long-term goods. - **PCE Price Index (YoY):** Increased to 2.3%, matching expectations but higher than the prior 2.1%, indicating persistent inflationary pressures. Market Sentiment and Seasonality Seasonality continues to work in favor of the S&P 500, as historical trends during this period often support equities. The **Fear & Greed Index**, currently at **64 points**, reflects moderate optimism and a "Greed" sentiment, which typically aligns with risk-on behavior in the markets. Rate Cut Expectations Markets remain focused on the Federal Reserve’s upcoming meeting on **December 18th**, with a **66,3%% probability** currently priced in for a **25 basis-point rate cut**. Such a move could provide additional support for equities by easing financial conditions, though its long-term impact remains uncertain. Geopolitical Risks While market sentiment has improved slightly, risks remain in the background. The ongoing war in Ukraine continues to pose threats to global stability, with potential knock-on effects on energy prices, supply chains, and economic performance. Long-Term Trend Intact, but Volatility Likely The S&P 500’s long-term upward trend remains intact, bolstered by supportive seasonality, stable GDP growth, and investor optimism. However, the current environment of mixed economic data and rising policy uncertainty suggests that market volatility could persist in the short term. Broader Context Yesterday’s data underscored a steady but moderating US economy, while forward-looking risks remain: - **Global Economic Outlook:** The S&P Global forecast anticipates global GDP growth of approximately 3% by 2025, with US growth slowing to below 2% next year and China toward 4%. - **US Policy Risks:** Potential policy shifts under the new administration could elevate inflation pressures and tighten financial conditions, introducing further uncertainty for equity markets. Implications for S&P 500 Today’s modest gain shows resilience in the face of mixed signals from economic data and global risks. With supportive seasonality and a strong likelihood of a December rate cut, the S&P 500 may find short-term support. However, investors should remain vigilant, as volatility is likely to persist amid policy uncertainties and geopolitical risks. What’s your outlook for the S&P 500 after today’s rebound? Can the market sustain its gains, or will headwinds from mixed data and global risks take over? Share your thoughts in the comments!Longby InvestMate221
SPX/Gold Ratio Momentum SlowingS&P continues to outpace gold, despite the big runup in gold recently. Momentum is slowin as seen from the Bollinger Band Width chart at the bottom. While the SP seems unstoppable, expect gold to resume its move to much higher prices, forcing the SPX/Gold ratio to regress downwards to the moving averageShortby AssetDesign2
SPX Roadmap Dec 2024Sweet poetic trajectory into Spring 2025. One can only dream of, but dreams turn into reality with increasingly higher probabilitiesby Neon4
US Equity Secular Bull Cycle, $SPX 24' Price Target, 2025 BeyondUS EQUITY S&P 500 INDEX BOHAN The S&P 500 Index SP:SPX monthly chart: Over the past 30 years, the US stock market has weathered the personal computer cycle, the dot-com bubble, the social media cycle, and the subprime mortgage crisis. The most recent epic crash was the 2020 pandemic. Since then, the US stock market has continued its secular bull cycle, fueled by quantitative easing (QE) that began in 2008. We saw a bull market from 2020-2021 driven by QE, a bear market in 2022 due to interest rate hikes, and now, in 2023-2024, we are entering the Web 3.0 and AI era. So, where is the next epic crash? And will there be another bull cycle after that? 1.) No one can accurately predict the market. The first step to improving your COGNITION is to grasp the rules of the human system. The essence of society is that the rich exploit the poor, and the essence of the stock market is that institutions exploit retail investors. Only market makers, institutions, and family offices know what's going on because they set the game, and we're just playing it. As retail investors, the best we can do is improve our cognition, conduct in-depth research on the US stock market, and arrive at high-probability answers. 2.) Understanding dollar dominance is key to understanding society. The US established a new world order, shifting societal control from religion to currency. Wars are fought to defend the dollar's status. After the gold standard was abolished, the US dollar became the world's reserve currency, effectively ruling the world. The long bull and short bear cycles in the US stock market rarely stem from fundamentals like earnings per share (EPS). They are mostly driven by the Federal Reserve's unlimited quantitative easing (QE) Cycles - printing money, issuing bonds, having debtor nations foot the bill, and injecting liquidity into the stock market. Therefore, the US equity market is essentially a liquidity platform. Unless there's a World War III, US assets are the only ones suitable for long-term investment due to currency dominance. Invest long-term, dollar-cost average, and if there's an epic crash, keep buying the dip. 3.) S&P 500 (SPX) target price for the end of 2024: 6200+ Macros: The Fed's broad money supply (M2) is still growing, and QE continues. Fundamentals: Strong corporate earnings growth, fueled by the AI era. Technical: A 4-year weekly uptrend channel since 2020, plus institutional positioning JPMorgan's JPM Collar Positions: STO SPX 6055 C DEC 21 @$50.00 + x 39600) indicates significant buying pressure. 4.) Expecting a pullback in 2025, but the secular bull market will persist. Macros: Short-term cyclical factors like tariffs might have an impact, but the long-term trend remains intact due to continued QE. Fundamentals: Big tech valuations might become more reasonable, especially Nvidia. However, long-term EPS for Nvidia could reach $4.00, and overall corporate earnings growth remains strong. Technical: The 4-year weekly uptrend channel might encounter resistance, and the JPM Collar positions could see a shift from buying to selling. However, significant open interest in SPX options with high gamma at 6300, 6500, and 7000 suggests institutional bullishness for mid-2025. Even with a 15% to 20% correction, we should continue to buy the dip, as the secular bull cycle is expected to persist. 5.) The secular bull cycle is projected to last from 2008 to 2030. An epic crash might occur at the end of this cycle, followed by another major bull market. The potential cause of the crash would be the end of QE and a resulting liquidity crisis. This is speculation, of course, but the principle of dollar dominance suggests that as long as US hegemony remains, any crash presents a buying opportunity. *The above analysis is for informational purposes only and does not constitute investment advice.*Longby BOHAN940
Stock Market Crash 2024 The whole market is on the brink of collapse, It's Black Friday so what's a better time than to put everything on discount. the weekend is going to give Crypto a headstart and a good enough reason for everything to drop hard Monday. i've got my shorts in how bout you? Shortby hickrs113
A history lesson. US equities (priced in gold)A history lesson. US equities (priced in gold) lost: 86% after 1929 Crash. 94% after 1970 Nifty Fifty Bubble. 88% after 2001 Dotcom Bubble. Odds are this will happen once again. Guess what will happen to Bitcoin? #SPX #Bitcoin #Gold #CapitalRotationEvent #CapitalRotationby Badcharts111