S&P500 Short: Ending DiagonalHi all, over here, I presented a cleaned-up chart of the EW counts for S&P500 and gave 2 entry points for shorting. The most important points are here:
1. 5th wave completion (or completing)
2. Ending Diagonal: will follow a sharp move down.
Alternatively, you can wait for a breakdown of the lower trendline to short.
Good luck!
SPX trade ideas
SPX500 BUYGreeting there traders this is my analysis on
📊 S&P 500 – Potential Elliott Wave 3 Formation | Long Setup
The current 4H chart of the S&P 500 suggests a potential bullish continuation based on Elliott Wave Theory. Here's the structured breakdown:
🔹 Wave 1: Initiated after a failed breakout and sharp reversal from a previous resistance zone. This impulsive move marked a key shift in trend structure.
🔹 Wave 2: A corrective phase followed, consolidating near the support area (~5,915), respecting previous demand.
🔹 Current Price Action: Price has broken above the minor resistance at 6,000, indicating the potential beginning of Wave 3, which is typically the strongest and most extended wave in the sequence.
📈 Trade Setup:
Entry: Above 6,000 (confirmation of breakout and wave continuation)
Stop Loss: Below 5,915 (invalidates bullish structure if broken)
Target Zone: 6,167 – 6,170 (aligned with prior resistance and wave projection)
🔍 Additional Notes:
The breakout is supported by a clean structure and rejection from key support.
Ideal scenario would involve increasing volume and continuation with higher highs and higher lows.
📌 Bias: Bullish – targeting Wave 3 extension.
⚠️ Always manage risk accordingly and watch for signs of exhaustion or divergence.
Dear Traders like,comment let me know what do you think?
up or down...Hello friends🙌
🔊As you can see, the US500 index has been identified with several resistance encounters and the good support that the price has been able to break the resistance and turn it into support. Now, according to today's news, it seems that the price is targeting higher targets that we have identified for you.
In case of correction, it has strong support ahead of it, which we have identified with a white line, but don't forget that buyers have entered...📈
🔥Join us for more signals🔥
Trade safely with us.
S&P500 finishing re-accumulation and sets eyes on 6230.The S&P500 / SPX has turned sideways after an impressive recovery from April's lows.
The 1day MA50 provides the same kind of support as it did after the October 2023 rebound.
The RSI pattern on both sequences is also similar and it suggests that the price is at the point where it breaks upwards to the Rising Resistance.
Target 6230.
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Premarket update - SPX USOIL GOLD NAT GAS BTCSPX sold off more overnight, but nothing dramatic yet. I do believe we will have a negative day today. Gold looks good for more upside and possibly to all time highs eventually. NAT GAS looks like a short and so does OIL. BTC probably a bit lower to 105k.
A little more upside for SPX500USDHi traders,
And again my previous outlook of SPX500USD played out as I've said. After a small correction we saw the continuation of the upmove to the Daily FVG.
Next week we could see price come into the Daily FVG and reject from there for a correction down.
Let's see what the market does and react.
Trade idea: Wait for a small correction down on a lower timeframe to trade short term longs into the Daily FVG.
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
SPX500 Holds Steady as Markets Eye US-China Trade Developments SPX500 Overview
U.S. stock futures were little changed on Tuesday as investors awaited key developments from the U.S.-China trade talks underway in London.
Technical Outlook (4H Chart):
The index is experiencing cautious movement amid ongoing tariff tensions and geopolitical uncertainties.
Bullish Scenario:
A sustained 4H close above 6030 could confirm bullish momentum, with upside targets at 6066 and 6098, potentially extending toward a new all-time high (ATH).
Bearish Scenario:
As long as the price remains below 6010, bearish momentum may persist, targeting the support levels at 5966, followed by 5938 and 5902.
Support: 5966 • 5938 • 5902
Resistance: 6066 • 6098
SPX 500 to 17,000 in 7 years.This chart represents the S&P 500, showcasing its performance over time, including quarterly data.
It captures everything.
Every recession.
Every war.
Every president.
Every variation of the monetary base as superpowers rise and fall.
Whenever I hear a bear in the stock market declare that THE TOP has been reached, and we are about to CRASH -50% to -90%
I find myself drawn to these comprehensive long term charts.
If the bulls are genuinely in control and we have merely undergone an intermediate-term correction, then the long-term bull market that commenced at the 2009 low remains robust, with many more years ahead.
The chart also illustrates that the three significant bull market phases typically last around 18-20 years following a major breakout.
And they yield a comparable number of X's.
It's all quite fascinating, if you ask me.
See you in the future!
SPX500 | Bearish Below 6010 Ahead of PPI – Trade Talks in FocusSPX500 | OVERVIEW
US Futures Edge Lower Ahead of PPI Report
U.S. stock futures dipped on Thursday as investors await the latest PPI data, following a softer-than-expected CPI report that eased pressure on the Federal Reserve to hike rates.
On the geopolitical front, U.S. and Chinese negotiators have reached a preliminary trade agreement during talks in London. However, the deal still requires formal approval from Presidents Trump and Xi.
📉 Technical Outlook:
The index holds a bearish momentum as long as it trades below the pivot level at 6010. If price remains under this level, it may extend the decline toward 5966, and a firm close below this support could open the path to 5938 and 5902.
📈 A bullish reversal may occur if the price breaks above 6010, with confirmation on a 1H close above 6020, targeting higher resistances.
Support Levels: 5966, 5938, 5902
Resistance Levels: 6033, 6056, 6098
S&P500 INDEX (US500): More Growth Ahead
US500 broke and closed above a neckline of an ascending triangle
pattern on a daily time frame.
It is a strong bullish pattern that indicates a strong bullish interest.
With a high probability, buyers will push at least to 6124 resistance.
❤️Please, support my work with like, thank you!❤️
SPX is overheated, a correction is necessary📉 Market Update: No, It Has Nothing to Do with Trump
This move has nothing to do with Trump’s dramatic announcements. The reality is simple: the MACD on the daily chart is overheated, and a healthy correction is needed — likely down to the 5,520 level — before resuming the uptrend.
Now, does it surprise anyone that Trump acts like a PR agent for his investors? He always seems to drop “bad news” at the exact moment the charts call for a pullback. My guess? They're shorting right now.
🪙 Bitcoin Stalling
CRYPTOCAP:BTC is also losing momentum, and looks like it’s in need of a short-term correction as well. This suggests a week of consolidation ahead for the whole crypto market.
But let’s be clear:
🚀 The Bull Market Is Not Over
The weekly charts remain very bullish, and this trend could last another 4–6 months. The macro bullish structure for crypto remains intact.
However, in TradFi, there are cracks:
🔻 20-year bonds sold at 5.1% — a major recession red flag
💸 Tariffs are putting pressure on global trade
📉 The entire traditional market is starting to de-risk
🔮 What to Expect
Short-term correction to ~5,518 (first bottom target)
A possible rebound after healthy consolidation
A continued uptrend in crypto unless key support breaks
I’ll publish a new update when conditions change.
📌 Follow me to stay ahead of the market. And as always: DYOR.
#CryptoMarket #Bitcoin #MACD #TechnicalAnalysis #CryptoCorrection #BullishTrend #RecessionWarning #TradFi #Altcoins #BTC #MarketUpdate #TrumpEffect #DYOR
Smart Money Levels Spotted on SPX500USD – Massive Sell Zone Major Supply Zone (Resistance): 🔵 6,000 – 6,050
Price is currently sitting right inside a well-defined supply zone, where smart money previously sold off heavily back in December.
Intermediate Support: 🔵 5,436
A clear structural level where price previously broke down from and retested in April.
Major Demand Zone (Support): 🟠 4,900 – 5,000
Price reacted aggressively from this zone during the massive April sell-off, suggesting strong institutional interest.
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🧭 Current Price Action:
SPX500USD is currently trading at 6,004, right at the supply zone marked by the blue shaded area. Price has aggressively rallied from the 4,900 demand zone in April and is now testing this critical resistance level for the first time since the major drop.
📌 Notice the tight consolidation and rejection wicks from this area in the past. This could signal a potential reversal or a breakout trap!
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⚠️ Bearish Signals to Consider:
🔻 Risk of Rejection: With price inside a supply zone and momentum slowing, there’s a high probability of a rejection.
🔻 Double Top Structure: Previous highs around 6,050 could form a double top, making this a textbook reversal opportunity.
🔻 Downside Targets:
📍 First target: 5,436 (previous support & breakout level)
📍 Second target: 4,900–4,950 (major demand zone & value area)
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🧠 Smart Money Perspective:
This setup aligns perfectly with institutional trading logic:
Sell high in supply zones
Buy low in demand zones
Volume Profile and LuxAlgo’s visible range confirm these key levels where institutions are most likely to act.
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🧨 Trading Plan:
🚫 No buying in the supply zone
📉 Short entries if rejection confirms (look for bearish engulfing / lower high on lower timeframes)
🎯 Target 1: 5,436
🎯 Target 2: 4,900–4,950
🛡️ Stop Loss: Above 6,050 (fake breakout zone)
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📊 Bonus Tip:
Watch how price behaves around FOMC and CPI news – liquidity grabs often happen right before key macro data, especially near supply zones. Be patient!
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💬 Let’s Discuss:
Do you see a breakout or a rejection from here?
Comment below if you're bullish or bearish on SPX500USD! 👇
Don't forget to like & follow if you find this breakdown helpful 💡
#SP500 #SPX500USD #SmartMoney #SupplyAndDemand #TechnicalAnalysis #PriceAction #LuxAlgo #TradingSetup #SwingTrade #BearishReversal
S&P500 Giant Inverse Head and Shoulders waiting for its breakoutThe S&P500 index (SPX) appears to be forming the Right Shoulder of a long-term Inverse Head and Shoulders (IH&S), the pattern that made the April 07 bottom of the Tariff War correction.
Currently supported by both its 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line), once the overhead Resistance/ neckline breaks, we expect a +24.55% rise to the 2.0 Fibonacci extension, the equivalent of the rise it made from the April bottom up until now.
The target given is 7400.
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06/02 Weekly GEX Analysis - 6000 Looks EasyThe biggest event last week was undoubtedly the court ruling involving Trump. The market responded with optimism, and on Thursday premarket, SPX surged toward the 6000 level — only to get instantly rejected. That strong rejection suggests this is a firm resistance zone.
From the GEX expiry matrix, it's clear that the market is hedging upward for this week, but downward for next week. To me, this indicates that while the near-term GEX sentiment remains slightly bullish, the market may be preparing for a pullback or retest in the medium term.
This week, SPX has already entered a GEX zone surrounded by positive strikes — up to around the 6000 level. That makes 6000 an “easy target” for bulls, and we’ll likely see profit-taking here, just like we did last Thursday premarket.
⚠️ However, if we look more closely at the weekly net open interest:
...we can see a strong bullish net OI build-up starting to emerge around the 6100 level — a price zone that currently feels distant and even unreachable. But if the 6000 resistance breaks, we could see a fast gamma-driven squeeze up to 6050 and possibly 6100 before the next wave of profit-taking kicks in.
As is often the case during bullish moves, the market seems blind to the bigger picture — no one’s looking down, only up. The mood is greedy, and momentum favors the bulls... for now.
Never underestimate FOMO — but also never underestimate Trump. He’s unlikely to accept the court’s decision on tariffs quietly. Any new negative headline could shake the market, no matter where price is sitting…
S&P 500 Short Update 2: Shifting wave degreeHi all,
As I explained in this video, the previous idea was invalidated because of an issue with "degree" of wave that a fellow watcher of my idea rightly pointed out in the comments section. I did the change on this video and explain the mistake I made in the previous idea.
In this video, I also talked about the last wave, how it can still be the peak but on the bigger picture, it is still too small compared to wave 1 and 3.
I then recommend 3 "safer" entry points:
1. One reversion trade at the top of the trendline.
2. One breakdown from the diagonal trendline.
3. One breakdown from the 4th wave support price.
Which entry point(s) you choose depends on your personal preference and opportunity. The stop will be above where you identify as the peak at your point of entry.
Good luck!
My favorite skitzo line in the S&P 500This is a test post, but it's also one of the single most potentially vindicating technical analysis ideas of all time: that the market really is an oracle that encodes the entirety of relevant information.
This trendline uses a logorithmic scale that intuitively "counterbalances" monetary policy and every other value-traveling dynamic like financial technologies and increasing market efficiencies, et cetera. It's a textbook trendline--Murphy says a trendline is a line that connects two highs or lows--and these highs and lows are the country's most violent economic crises: "The Great Depression" and "The Recession".