Can you envision S&P500 at 20k? This is why most investors fail!If you follow us through all those years then you know how fond we are of long-term patterns. Especially those of a multi-year perspective that can offer maximum reliability and as close to a flowless projection as it can get.
The current chart (1M time-frame) on the S&P500 index (SPX) is no except
About S&P 500 Index
Standard & Poor’s 500 is an American stock market index consisting of 500 large companies having common stock listed on the NYSE or NASDAQ and their market capitalizations. It captures approximately 80% coverage of available market capitalization. Because it includes both growth stocks and value stocks it is one of the most followed equity indices and is considered to be one of the best representations of the U.S. stock market and a trend indicator for the U.S. economy. S&P introduced its first index in 1923 and its present day form on March 4,1957. It was developed and continues to maintained by S&P Dow Jones Indices, a joint venture majority owned by McGraw Hill Financial.
Correction down for SPX500USD is almost finishedHi traders,
Last week SPX500USD dropped and slowly went up again.
I think next week we could see the finish of the complex correction down (wave 4) and the last leg up to finish wave 5.
Trade idea: Wait for the complex correction down to finish and after a change in orderflow to bullish and a cor
Bearish abcd extLooking for a sell off from the weak high, which I have at 1.618 fib level of the bearish abcd ext. Looming for a retrace to .618 ...
US500 (S&P): Trend in 2H time framePlease pay special attention to the very accurate trends, and colored levels.
Do not open a position without TP and SL.
Its a very sensitive setup, please be careful.
BEST,
MT
Post-Election Price Momentum: Bullish and Bearish ScenariosTechnical Analysis
Following Trump’s success in the U.S. election, the price is poised to reach new highs after breaking its previous all-time high (ATH).
Bullish Scenario: If the price maintains stability above 5891, it is likely to target 5939 initially. A 1-hour or 4-hour candle close above 593
SPX Short: Peaked?Based on the upper trend line and wave counts, I believe that SPX has finally reached it's peak (again). Note that I've also previously called for peak that turns out to be just sub-wave peaks instead of ultimate peak. That is, right in the short-term, wrong in the long-term. This is another attempt
Hellena | SPX500 (4H): Long to area 5915 (Wave 5).Dear colleagues, I believe that the upward movement is not over yet and the end of the movement in wave “5” is ahead.
At the moment I see the support area of 5800, from which I assume that the price will reach the area of 5915.
Then we will look for a short trade entry, but for now all my thoughts
How the U.S. Presidential Election May Impact the S&P 500 IndexHow the U.S. Presidential Election May Impact the S&P 500 Index
Today, 5 November, the U.S. presidential election is underway, and it may serve as a significant driver of volatility for global stock markets.
According to EuroNews, heightened market fluctuations are expected throughout the voting
SPY I Bullish rally and more continued growthWelcome back! Let me know your thoughts in the comments!
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$SPX #SPX S&P 500 at a "Great Depression" time resistance.1929 High, .com High two of the biggest corrections in US Stock Market history and we are at that resistance.
SPY Chart:
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Frequently Asked Questions
S&P 500 Index reached its highest quote on Oct 17, 2024 — 5,882.3 USD. See more data on the S&P 500 Index chart.
The lowest ever quote of S&P 500 Index is 665.6 USD. It was reached on Mar 6, 2009. See more data on the S&P 500 Index chart.
S&P 500 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy S&P 500 Index futures or funds or invest in its components.