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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
"US500/SPX500" Index Market Money Heist Plan (Day / Scalping)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑 💰💸✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US500 / SPX500" Index CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The heist is on! Wait for the MA breakout (5500) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📍 Thief SL placed at the recent/swing low level Using the 1H timeframe (5200) Day trade basis. 📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 5750 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 💰💵💴💸"US500/SPX500" Index CFD Market Heist Plan (Day / Scalping Trade) is currently experiencing a bullishness🐂.., driven by several key factors.👆👆👆 📰🗞️Get & Read the Fundamental, Macro economics, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Index-Specific Analysis,Positioning and future trend targets with Overall Score...... go ahead to check 👉👉👉🔗🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
CAPITALCOM:US500Long
by Thief_Trader
Price Action and Technical Analysis says I should BUY S&P 500!!!All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!! www.tradingview.com
VANTAGE:SP500Long
by Simply-Forex
1
SPX500 : We could look for mean reversion here. "London should buy again if US is Selling." This chart suggests a potential redistribution of liquidity across sessions, highlighting a play on inter-session trade balance and session highs/lows targeting. 🔑 Key Confluences: 1. Premium Zone Rejection Price is consolidating below a premium supply zone, rejecting near 5,926–5,930. EQH and BOS suggest liquidity was swept above the recent high. Bears defending weak high structure—potential for a fakeout to downside if buyers step back in from London or Asia. 2. Session-Based Imbalance Logic New York (NY) session drove into premium and is now distributing/selling. Watch if London/Asia step in to reaccumulate from the discount OB zone (~5,856–5,877). Volume spikes confirm institutional decision points — highest vol aligned with New York push into highs. 3. Equilibrium Reclaim Potential 5,901.41 is marked as equilibrium. Expect buyers to defend this zone if NY fades — if price reclaims EQ, bullish continuation is in play. Fail = revisit strong demand below. 4. ORB Range Context (0930–0945 ET) ORB high = 5,877.37 ORB low = 5,856.85 Price is above the ORB, reinforcing current bullish structure unless US session breaks structure down. 5. CHoCH + BOS Sequencing Multiple CHoCH → BOS → EQH sequences signal internal structure breaks, consolidating into reversal potential. If Tokyo holds current low (5,924 avg), price may spring higher during upcoming London session. 📈 Trade Bias: Bullish Bias (Conditional) Watch for a liquidity sweep → reclaim setup around 5,901 or deeper at 5,877 for a long entry toward 5,940+. 📘 Scenario 1 – Buy Setup: Entry Zone: 5,877.37–5,901.41 Invalidation: Below 5,856.85 Targets: TP1: 5,926 (retest of EQH zone) TP2: 5,940+ (true breakout) 🛑 Scenario 2 – Sell Setup: If NY drives price below 5,856.85, look for a break-and-retest of EQ for shorts into 5,830 zone (volume gap fill). 🧠 Institutional Flow Insight: This chart reads like a "sessional liquidity rotation": Tokyo: Buy programs London: Accumulated New York: Profit-taking / Distribution So if US sells, London may bid again, making this a great session echo play.
FX:SPX500Short
by Wavervanir_International_LLC
Establishing Real-Time Price Action!1). Place Fib tool wherever it works, as theses will be key levels of Buy/Sell entries! 2). Strike a trendline off of whatever works best! 3). Establish a 5-wave/ABC sequence that seems to work! 4). Remember, wave 1 defines directional bias of price action! 5). Wave 3 slightly broke above a previous high, therefore the upward bias is likely still intact! 6). It's all the same price action principles on any timeframe any Instrument! 7). Practice...It's actually quite simple! KEEP IN MIND, WAVE 2 COULD DROP DEEPER... AS IT REMAINS THE ACTIVE WILDCARD!
SP:SPXShort
by ScotThomsen
US500 – Buy the Dip Near Trend & EMA SupportTrade Idea Type: Buy Limit Entry: 5,870 Target: 6,020 Stop Loss: 5,820 Risk/Reward Ratio: 3:1 Duration: Intraday Expires: 28/05/2025 12:00 Technical Overview Price action continues to respect the primary bullish trend with recent buying off the 78.6% Fibonacci pullback level at 5,868. A bullish engulfing candle on the 4H chart reinforces a short-term momentum shift to the upside. The 20-period 4H EMA (5,864) is rising and should provide dynamic support near the entry level. The setup favors buying dips, aiming for a move to 6,020, while keeping stops tight below key support at 5,820. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:US500Long
by Signal_Centre1
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
S&P 500 (SPX500USD) – Liquidity Sweep or Continuation? | Probabi🕒 1H Chart | Smart Money Concepts | Volume | ORB Framework We are currently trading around 5,888, after a recovery from the equilibrium zone near 5,760–5,770, which served as a strong reaction point. Here's how we at WaverVanir International LLC are assessing probability-based outcomes using our DSS and institutional concepts: 🔍 Key Levels & Observations: 🟥 Premium Supply Zone: 5,925–5,945 shows signs of multiple CHoCHs (Change of Character), BOS (Break of Structure), and prior liquidity grabs. This zone is now a potential trap for late buyers. Prob. of rejection: ~70% based on historical confluence. 🟦 Discount Demand Zone: 5,742–5,770 is our equilibrium/discount reaccumulation zone with a high-probability reaction area. Swept liquidity clean on May 24–27 with volume spike confirmation. Prob. of support: ~75% short-term if price retraces with exhaustion. 📈 Trade Ideas (Probability-Weighted): Short Setup (Reactive) Entry: 5,928–5,940 (inside premium) Stop Loss: Above 5,950 (above weak high) Target 1: 5,860 Target 2: 5,785–5,765 (equilibrium zone) Confidence: 65–70% Long Setup (Reversion Play) Entry: 5,765–5,745 (bottom of imbalance) Stop Loss: Below 5,729 Target 1: 5,859 Target 2: 5,910–5,920 Confidence: 70% if sweep occurs with declining vol. 🔄 ORB Confluence: Opening Range Breakout (0930–0945) shows recent buy-side aggression, but this move is suspect unless volume continues climbing. A fade below 5,859 without impulsive volume confirms seller re-entry.
FX:SPX500Long
by Wavervanir_International_LLC
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
S&P 500 and the 200-Day Moving Average – A Simple Trend SignalLooking at the daily chart of the S&P 500 with the 200-day moving average (turquoise line), you could build a very basic—but often effective—trend-following system: ✅ Price above the 200-day MA = Bull trend ❌ Price below the 200-day MA = Bear trend 🔄 Price oscillating around it = Possible trend change ________________________________________ 📊 Current Setup: We’ve broken sharply below the 200-day MA and have seen only a minor bounce back above it—with little follow-through. This kind of price action typically suggests a weakening bull trend. ⚠️ If we break below the 200-day MA again (currently around 5773), I’d start viewing that as a bearish signal. Right now, I’m watching this level very closely, as the next move could offer a strong clue about the market’s direction. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
SP:SPX
by The_STA
S&P 500 at Key Inflection Zone: Golden Pocket vs. Breakdown RiskPrice is hovering around the 0.618 Fib retracement and the 200-day MA — Bulls' eye 6.5% to ATH, Bears target a -16% drop. Critical decision point ahead. If reclaimed, a breakout above 6,151.74 would initiate a new bullish leg. S&P 500 (SPX) multi-decade chart (2-week time frame), the chart overlays key historical highs, major corrections, and media sentiment headlines—all critical for a macro-technical assessment. Below is an expert-level breakdown integrating price action, moving averages, sentiment analysis, and cyclical behavior. 📊 Macro Technical Assessment of the S&P 500 (SPX) 🟢 Trend Analysis (1973–2025) The chart illustrates a long-term secular uptrend, anchored by consistent support above the 200-period moving average (blue line) and a decades-long upward-sloping trendline (green). Despite several deep corrections (marked in red boxes), the trend has always reverted to and eventually bounced above the 200 MA—a key signal of structural strength. The current price is well above the MA200 but appears extended, similar to other historical peaks (e.g., 2000, 2007, and 2021–2022). 🔻 Historical Bear Market Corrections (Measured from Highs): Year Peak-to-Trough Decline Event 1973–74 -51.9% Oil embargo, stagflation 1987 -37% Black Monday 2000–2002 -49% Dot-com bubble burst 2007–2009 -57% Global Financial Crisis 2020 -35% COVID crash 2022 -27% Fed tightening, inflation spike 2025 (so far) -21% Ongoing correction from all-time high Each correction marked a reversion to or below the MA200, before initiating a fresh long-term leg up. 🧠 Psychological Sentiment Integration (Text Boxes & Headlines) 📰 Headlines & Crowd Sentiment Patterns 2000-2002: Dot-com euphoria followed by collapse—media and public overconfidence. 2007–2008: Financial crisis—major media disbelief in downside risk until it materialized. 2020–2022: Post-COVID rally labeled as “most hated in history” – a contrarian bullish signal. 2025: Present headlines again show skepticism despite all-time highs – echoing 2020 sentiment. 📌 Insight: The presence of bearish headlines at highs often indicates a disbelief rally, which historically results in short-term corrections but long-term gains if fundamentals catch up. 🔄 Current Price Context (2025) Current Pullback: -21% from the recent ATH. Support levels to watch: MA200 (approx. 4,100–4,300 zone) – historically strong buy zone. Trendline support dating back to the 1980s (~4,600). The market is mid-correction, with a structure resembling 2000 or 2022, but not yet as deep. 📉 Bear Market Probability in 2025? The current pullback is less severe than historical bear markets. The media pessimism and overextension from MA200 could still trigger deeper corrections. However, until the trendline and MA200 are broken decisively, this remains a correction in a bull market. 🔎 Key Takeaways ✅ Bullish Long-Term Signals: Decades of higher highs/lows. Strong respect for MA200 as dynamic support. Recurring recoveries after panic-driven declines. ⚠️ Bearish Short-to-Mid-Term Risks: Extended rally with rising skepticism (echoes of 2000/2007). 21% pullback already in place, which could deepen. Failure to hold 4,600–4,300 range may open the door to full bear market correction (30–40%). 🧭 Strategic Outlook Timeframe Bias Reason Short-term (1–3 months) ⚠️ Neutral-to-bearish Ongoing correction phase, sentiment bearish, overextension unwinding Mid-term (6–12 months) 🟡 Cautiously bullish If trendline + MA200 hold, dip-buying opportunity like 2011, 2020 Long-term (1–3 years) ✅ Bullish Structural uptrend intact, secular bull likely to resume here's a technical assessment of the S&P 500 (SPX) Daily Chart based solely on the image and technical levels shown: 🎯 Chart Summary: Instrument: S&P 500 Index (SPX) Timeframe: Daily (1D) Key Levels: Fibonacci retracements, 200-day MA, support/resistance zones Price Context: Currently in a pullback phase after attempting to reclaim the 2025 high (~6,151.74) 🔍 Technical Analysis Breakdown 📏 Fibonacci Retracement Zones: The Fibonacci retracement is drawn from the recent swing low (~4,837.88) to the 2025 high (~6,151.74), measuring the key pullback levels. Level Price Interpretation 0.236 ~5,120.12 Minor retracement – early warning 0.382 ~5,302.91 Medium support; possible bounce zone 0.5 ~5,455.40 Key support – equilibrium zone 0.618 ~5,612.28 Golden pocket – strong institutional interest 1.0 ~6,151.74 All-Time High (ATH) resistance The price recently hit resistance near ATH and is pulling back toward the 50%-61.8% retracement zone, which is technically the "golden zone" for potential bullish reversal. 📉 Moving Average – 200-Day MA: The blue line on the chart indicates the 200-day moving average (~5,612). Price is sitting right on this MA, and this is crucial. The 200MA is one of the most respected institutional indicators—a breakdown below it could accelerate selling. If price holds above this level, we may see renewed bullish momentum. ⚖️ Risk/Reward Profile Upside potential: +6.5% toward ATH (~6,151) Downside risk: -16% toward retracement lows (~5,120 and lower) This sets up a skewed risk profile: unless strong buying steps in soon, the downside is significantly larger than the remaining upside. 🧭 Market Sentiment and Probability Scenarios ✅ Bullish Scenario (6.5% Upside): Holding the 200MA + 0.618 Fib (~5,612) confirms this level as dynamic support. This could attract dip buyers and institutional re-entry, pushing toward the ATH. If reclaimed, a breakout above 6,151.74 would initiate a new bullish leg. 🚨 Bearish Scenario (-16% Downside): If price loses the 200MA and falls through Fib 0.5 and 0.382, then a move toward 5,120 or even sub-5,000 becomes likely. Break of structure = short-term trend change. A bearish engulfing candle or momentum rejection will confirm this shift. 🧠 Expert Insight: This setup represents a technical inflection point. The confluence of: Fibonacci golden zone (0.5–0.618), 200-day MA support, and recent ATH rejection ...makes this a critical decision zone for the S&P 500. Traders should watch volume, macro catalysts, and market breadth indicators closely over the next few sessions. If buyers step in here with conviction, a short-term rally is plausible. However, a clean break below these technical levels could open the door for a multi-week correction.
SP:SPXLong
by InsightMarket
2
S&P 500 Wave Analysis – 26 May 2025 - S&P 500 reversed from support level 5775,00 - Likely to rise to resistance level 5970,00 S&P 500 index recently reversed up from the pivotal support level 5775,00 (former resistance from March, which formed the daily Japanese candlesticks reversal pattern Evening Star). The support level 5775,00 was strengthened 20-day moving average and by the 38.21% Fibonacci correction of the previous upward impulse from April. S&P 500 index can be expected to rise to the next resistance level 5970,00, top of the previous minor impulse wave 1 from the middle of May.
CBOE:SPXLong
by FxProGlobal
SPX AND WHAT WE STAND TO GAIN OR LOSE!⚡ Hey hey, hope all is well. Don't have too much time right now so just want to get a quick idea out, we'll keep this short and concise, thank you. ⚡ First thing's first, we're gonna take a quick Big picture look at our SP:SPX chart for today and we can take a look back on our ascending channel which helped propel us for most of 2024 into 2025 before we finally exited that channel in February and lost our 200 EMA. ⚡ The 200 EMA was our main tool for the last year or so, keeping above that gave traders and investors the confidence to keep things pushing and essentially kept the market on this wave which is simply rode up, everyone was making money and that money was going back into more investments further propelling things before we saw our SP:SPX hit an all time high in February at $6,200. ⚡ So we had the 200 EMA below us, we had much of the market making money, and with trump entering office, much of the market was understandably optimistic and things we're continuing pretty strong January through into February. We then had trump make his remarks on a possible recession and we started getting talks on tariffs which understandably prompted much of the market and market makers to take profits and we sort of got this reversal which I spoke more on in a previous idea which I'll link below for reference: ⚡ Before I continue and as a disclosure, none of this is meant to be taken in a political stance or with any bias, like I said, we're simply looking at the facts and the technical, that's all that matters. ⚡ To continue on, as the referenced idea represents, once that news hit the market sentiment shifted and we can see the descending channel that ensued with that which also prompted us to lose our 200 EMA, something we haven't seen happen since 2023 on the daily chart which puts us in a precarious position. ⚡ The market's basically lost two advantages. The last year or so that 200 EMA kept below the chart never converging which helped bulls alongside our ascending channel which was a significant component in this push for the all-time-high (ATH). So we 've basically lost both of those advantages which is what helped bulls climb so much ground the last year or so. ⚡ We already know the 200 EMA crossover is important but now it'll likely create a broader impact now that we have no channel to look. Instead, we'll likely see a number of traders more than likely looking out for those Bullish and Bearish crossover's for making plays which is already happening. ⚡ If we look at the beginning of April for example where we had that first 200 EMA crossover we can see just how dramatic the sell-off was, investors just weren't sure how far things we're going to go and once we got another crossover and regained that 200 EMA the buy-in action, volume was also dramatic signifying a market that's being led by sentiment rather than technical which again was the main driver for us the last year or so. ⚡ That being said technical of course is still playing a role, but we're seeing sentiment drive price action and being taken into account a lot more the last few weeks, especially with everything going on with Trump and the tariff war we had which put much of the market and investors on edge trying to figure out whether or not things we're looking optimistic or not for the market before China and the US we're able to ultimately come to an agreement helping put many minds at ease. ⚡ Next few weeks I'll be watching that 200 EMA to see if we get a bearish crossover or if we can avoid that and regain ground to which I'll be looking to my Fib. chart for as referenced below: ⚡ Next is a descending channel I've added to the daily chart which hopefully doesn't come into play again. ⚡ Can already see how that descending channel impacted us the second tiem around in April so main thing is that we avoid losing that 200 EMA again, and we keep away from that descending channel else we'll more than likely get dragged down further if we we're to reenter that channel much like we saw happen with the sell-off in April. ⚡ Have to run but just wanted to give quick technical look at our big picture idea here for the $SP:SPX. Current goal is to see a retest of $5,900 and avoid another convergence with that 200 EMA on the daily else we risk losing our footing and reversing. ⚡ As always, thanks so much for all the support, appreciate you all and wishing all the best till next. Don't just make it a good day, make it a great one. Best regards, ~ Rock'
SP:SPX
by Rocksorgate
1
Bullish continuation?S&P500 has bounced off the support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could potentially rise from this level to our take profit. Entry: 5,784.04 Why we like it: There is a pullback support level that lines up with the 23.6% Fibonacci retracement. Stop loss: 5,689.40 Why we lik eit: There is a pullback support level that is slightly above the 38.2% Fibonacci retracement. Take profit: 6,003.35 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:SP500Long
by VantageMarkets
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