SPX trade ideas
SPX: positive but mixedThe market was highly anticipating the Fed's rate cut during their September FOMC meeting, but the 50 bps cut came as a sort of surprise. This is why the US equity markets were traded generally positive for the week, however, in a slightly mixed manner, like without a final conclusion whether the 50 bps was a good or bad move from the Fed. The S&P 500 started the week around the level of 5.610, and reached 5.727 at Thursday trading session, however, ending the week at the level of 5.702. The index posted a weekly gain of 1,36%.
The high rate cut was perceived positively by investors. They perceive that a lower interest rate environment will be supportive for businesses. Tech companies were the ones to gain, but also other industries. Analysts are now adjusting forecasts in terms of expectations that the S&P 500 companies will expand their earnings by 4,6% in the Q3.
Major Top Forming on SPXHello Everyone, a simple analysis of the RSI and current price action appear eerily similar to the 2022 peak. During the 2022 top we had financial experts and the media claiming victory stating that this bull market will continue, however we crashed soon after. Now the SPX is currently forming a topping process, this could be done or we could go a little higher before the bear market continues. It's clear that the SPX is making new highs while NDX and IWM fail to make a new high suggesting that this is the top.
If this economy is doing so good, then why does the FED need to cut interest rates? The fed is cutting interest rates because we are either in a recession or we are very close to one. There is no such thing as a soft landing. The truth is we may already be in a recession and it wouldn't be declared until we are deep into one.
If anything we are no longer going into a recession, we are going into a depression. Do not get lulled into a false sense of security like many others during the 2000 and 2008 top.
SP&500 LOOKS BEARISH TO ME Hi guys
I can see Some Sellers step in , Looks like we will have some bearish days ahead
After Target Reached i will check with new data find up next move .
Best of Luck
S&P500: Aiming at 6,000 before the elections.The S&P500 index is on a very healthy bullish technical 1D outlook (RSI = 64.688, MACD = 69.140, ADX = 44.589) which indicates that the rebound that started on the September 6th low should be extended. The volatility on the 4H RSI indicates that as long as the 4H MA200 supports, we will see a rally similar to June's and in fact we should symmetrically be on a same level as the June 14th consolidation. We are aiming for the -0.618 Fibonacci extension like June's rally (TP = 6,000) before the U.S. elections.
See how our prior idea has worked out:
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SPX 500 Unjustified Bearish moves up and exit strategy explainednot financal advice just seeing many similarities in current market structure that could warrant a 20% correction as we are going thru bearish moves up to the upside.
6 SPIRALS WEEK of 10/10 to 1017 MAJOR TURNThe chart posted is that of the SP 500 cash I have now placed the next set of gold ratio spirals ! LOOK to a Major Event and a Turn . I did want everyone to take a good look at July 11 to oct 10 2007 For a REASON best of trades WAVETIMER
S&P Rising wedge?Purely hypothetical and for academic purposes only...
Lose the rising wedge. Retest resistance. Form a double top.
The target is where the rising wedge began.
around a 25% drop from the highs.
If recession in the USA is unavoidable. This may play out.
SPX500 Potential Long!SPX500 is trading in an
Uptrend and indice is now
Making a pullback to
Retest a horizontal support
Of 5645.80 so after the retest
We will be expecting
A local bullish rebound !
Single digit correction is about to start till electionA single digit% correction is going to start from Mon or Tue till the presidential election.
S&P 500 Elliott Wave Count from October 2022The S&P 500 (SPX) may have completed or could soon complete an extended Elliott five wave pattern up from the October 2022 bottom.
Both weekly RSI and MACD have significant bearish divergences.
SP500In the 5-minute and 1-hour charts, we see a market in consolidation. This means that the previous upward movement is temporarily slowing down or pausing. When the price starts to consolidate, it is common for the market to make small corrections before continuing the main trend.
Market Insights: Why Now is the Time to Go Long on SPX500USDThe S&P 500 continues to show resilience, and my overall bias remains bullish. Several key fundamentals support this outlook:
1. Cooling inflation: Recent data suggests inflation is moderating, potentially easing pressure on the Federal Reserve.
2. Strong labor market: Unemployment remains low, supporting consumer spending and economic stability.
3. Technological advancements: Ongoing AI and tech innovations are driving productivity and growth across sectors.
4. Corporate earnings resilience: Many companies are adapting well to the current economic environment, maintaining profitability.
To capitalize on this bullish trend while managing risk, I'm utilizing probabilities in my chart analysis to identify optimal entry points for long positions.
12M:
2W:
12H:
I’d love to hear your thoughts on this trade idea! What are your views on SPX500USD? Feel free to share your insights and opinions below!
SPX500USD Is Bullish! Buy!
Please, check our technical outlook for SPX500USD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 5,711.6.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,801.4 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
S&P500 ForecastingS&P 500 Forecasting: A Complex Task
Forecasting the S&P 500 index is a challenging endeavor due to the multitude of factors that influence its movement. These include economic indicators, corporate earnings, geopolitical events, investor sentiment, and market psychology.
Key Factors to Consider:
Economic Indicators:
GDP Growth: A strong economy generally supports stock prices.
Interest Rates: Rising interest rates can put downward pressure on stock prices, while falling rates can boost them.
Inflation: High inflation can erode corporate profits and investor confidence.
Corporate Earnings:
Profit Growth: Strong corporate earnings are often a positive sign for the stock market.
Earnings Expectations: The market's expectations for future earnings can influence stock prices.
Geopolitical Events:
Global Conflicts: Political instability or geopolitical tensions can create uncertainty and impact market sentiment.
Trade Wars: Trade disputes or tariffs can disrupt global supply chains and affect corporate profits.
Investor Sentiment:
Risk Appetite: Market sentiment can shift rapidly, influenced by factors like economic data, geopolitical events, and market psychology.
Fear and Greed Index: This indicator can provide insights into investor emotions.
Forecasting Methods:
Fundamental Analysis: This involves analyzing economic indicators, corporate earnings, and geopolitical events to assess the underlying value of the S&P 500.
Technical Analysis: This method uses historical price data and charts to identify patterns and trends that may predict future price movements.
Quantitative Analysis: This approach employs statistical models and algorithms to analyze large datasets and identify correlations between variables that may influence the S&P 500.
It's important to note that no forecasting method is foolproof. Stock markets are highly volatile, and unexpected events can significantly impact the S&P 500. A combination of fundamental, technical, and quantitative analysis can provide a more comprehensive understanding of market dynamics.
Would you like to explore any of these factors or methods in more detail? I can also provide information on specific forecasting tools or resources.
SPX- Election SurpriseIf you follow us you know that we think SPX and markets in general are heading towards a generational top
And based the last months price action we think we know almost exactly when that top will complete:
NOVEMBER 2024
Prediction: It does not matter who wins the election..the market will begin to crash
MARK OUR WORDS
More up for SPX500USDHi traders,
Last week SPX500USD made a correction down and after that it went up again.
SO next week we could see more upside for this pair.
Trade idea: Wait for a change in orderflow to bullish again to trade longs.
If you want to learn more about wave 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 signals.
Don't be emotional, just trade!
Eduwave
S&P 500 Daily Chart Analysis For Week of Sep 20, 2024Technical Analysis and Outlook:
In the current week's trading sessions, the S&P 500 Index has demonstrated significant fluctuations, breaching the Mean Resistance level of 5648 and attaining the Inner Index Rally level of 5666 and the Key Resistance level of 5667. The index is on the verge of achieving the targeted Inner Index Rally at 5739. Yet, a potential retraction to 5620 in the upcoming week's session, with the prospect of further descent to the subsequent Mean Support indicated at 5552, could disrupt this progression. Conversely, an expected downward trend may be intercepted by the realization of a robust rebound to the Inner Index Rally at 5739, negating the anticipated decline.
S&P 500 Aiming For Lower LowsHello,
On the daily chart, the S&P 500 is currently showing a bearish trend. The price is probably going to fall below 5458.08. Two price projections, with a leaning towards 4512.20, could then result from this decrease.
Even if the bearish trend is still in place, some positive enthusiasm can be sparked by the latest news. Nonetheless, there is significant bearish pressure at the level of 5561.96, so bearish interests only until the break of (C)
Happy Trading,
K.
Forecasting the S&P 500: A Complex TaskForecasting the S&P 500: A Complex Task
Forecasting the S&P 500, a major stock market index, is a challenging endeavor due to numerous factors influencing its movement. These include economic indicators, corporate earnings, interest rates, geopolitical events, and market sentiment.
Key Factors to Consider:
Economic Indicators:
Gross Domestic Product (GDP): Economic growth can positively impact stock prices.
Inflation: High inflation can negatively impact corporate profits and stock prices.
Unemployment Rate: A low unemployment rate generally indicates a strong economy and can support stock prices.
Corporate Earnings:
Profitability: Strong corporate earnings can drive stock prices higher.
Earnings Expectations: Market expectations for future earnings can influence stock prices.
Interest Rates:
Federal Reserve Policy: Interest rate changes by the Federal Reserve can significantly impact stock prices. Lower interest rates can stimulate economic activity and boost stock prices, while higher interest rates can slow down the economy and put downward pressure on stocks.
Geopolitical Events:
Global Events: Political instability, trade wars, or natural disasters can affect market sentiment and stock prices.
Market Sentiment:
Investor Confidence: Positive investor sentiment can drive stock prices upward, while negative sentiment can lead to declines.
Forecasting Methods:
Fundamental Analysis: This involves analyzing economic indicators, corporate earnings, and other factors to assess the underlying value of a stock or index.
Technical Analysis: This method uses historical price data and charts to identify patterns and trends that may predict future price movements.
Quantitative Analysis: This approach employs statistical models and algorithms to analyze large datasets and identify correlations between variables that may influence stock prices.
It's important to note that no forecasting method is foolproof. Stock markets are highly volatile, and unexpected events can significantly impact stock prices. A combination of fundamental, technical, and quantitative analysis can provide a more comprehensive understanding of market dynamics.
Would you like to explore any of these factors or methods in more detail? I can also provide information on specific forecasting tools or resources.
Forecasting the S&P 500Forecasting the S&P 500: A Complex Task
Forecasting the S&P 500, a major US stock market index, is a challenging endeavor due to the multitude of factors influencing its movement. These include economic indicators, corporate earnings, interest rates, geopolitical events, and investor sentiment.
Key Factors to Consider:
Economic Indicators:
GDP Growth: A strong economy generally supports stock prices.
Unemployment Rate: A low unemployment rate indicates a robust labor market, which can boost corporate profits and stock prices.
Inflation: High inflation can negatively impact corporate profits and stock prices due to increased costs.
Corporate Earnings:
Profit Growth: Strong corporate earnings growth can drive stock prices higher.
Earnings Expectations: Market expectations for future earnings play a significant role in stock price movements.
Interest Rates:
Federal Reserve Policy: The Federal Reserve's monetary policy decisions, particularly interest rate changes, can have a substantial impact on stock prices. Rising interest rates can make borrowing more expensive for businesses and reduce the attractiveness of stocks relative to bonds.
Geopolitical Events:
Global Events: Political instability, trade wars, or natural disasters can affect market sentiment and stock prices.
Investor Sentiment:
Risk Appetite: Market sentiment can shift rapidly, influencing stock prices. During periods of risk aversion, investors may be more likely to sell stocks.
Forecasting Methods:
Fundamental Analysis: This method involves analyzing economic indicators, corporate earnings, and other factors to assess the underlying value of stocks.
Technical Analysis: This approach uses historical price data and charts to identify patterns and trends that may predict future price movements.
Quantitative Analysis: This method employs statistical models and algorithms to analyze large datasets and identify correlations between variables that may influence stock prices.
It's important to note that no forecasting method is foolproof. Stock markets are highly volatile, and unexpected events can significantly impact prices. A combination of fundamental, technical, and quantitative analysis can provide a more comprehensive understanding of market dynamics.
Would you like to explore any of these factors or methods in more detail? I can also provide information on specific forecasting tools or resources.
