sp500 Analysis 8_22Price rallied to Previous Days high and collapsed. News was a catalyst pushing price down with the bears. Heading towards previous days lows and targeting mondays.Shortby MrVizions_4211
S&P 500 Index SPX To Rally FurtherThe S&P 500 index SPX is just 50 points away from breaching the previous all-time high. The minutes of the Fedโs July 30-31 meeting, released Wednesday, said the โvast majorityโ of policymakers โobserved that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.โ Traders had already considered it a certainty that the Fed will announce its first interest rate cut in four years when it meets in mid-September. SPX next targets: 5680 - 5825.Longby AlyaAkram1
The S&P 500 Index Approaches Historic HighThe S&P 500 Index Approaches Historic High On 2 August, we analysed the S&P 500 (US SPX 500 mini on FXOpen) chart, where we: โ Constructed an ascending channel A-B with a median line shown as a dotted line; โ Highlighted the risk of a bearish breakout (as indicated by the red arrow). Since then: โ The price dropped by more than 5% to the 5 August low, doubling the width of the A-B channel towards point C โ the B line became the median of a wider channel. The index's decline was driven by recession fears, based on weak US labour market data; โ However, the price then began to recover from the lower boundary of the wider channel, indicating that recession fears have subsided and the rally continues; โ The price has now returned close to historical highs. Yesterday, the minutes from the FOMC meeting on 30-31 July were released, revealing that the vast majority of participants noted that if data continues to align with expectations, it might be appropriate to ease policy at the next meeting. The S&P 500 (US SPX 500 mini on FXOpen) index remained largely unchanged on this news โ this indicates market participants' belief that interest rates will likely be cut in September, which would stimulate economic growth, company performance, and stock indices. Technical analysis of the S&P 500 (US SPX 500 mini on FXOpen) chart today shows that: โ On 7-8 August, bears attempted to resume the downward trend but failed; โ In mid-August, price action made the trendlines shown in purple relevant; โ On 15 August, the B line was confidently broken (indicated by the blue arrow); โ The dotted line is showing signs of resistance. Thus, it is reasonable to assume that bulls have regained control of the market after the sharp decline in the S&P 500 (US SPX 500 mini on FXOpen) in early August. If the sentiment remains unchanged, we could see attempts to reach a new historical high. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. by FXOpen229
S&P 500 / It's beginning to look a lot like rate cutsIt's beginning to look a lot like rate cuts S&P 500 Technical Analysis The price is currently consolidating between 5620 and 5675, awaiting a breakout. Bullish Scenario: Stability above 5620 means will touch 5642 and above it 5672 Bearish Scenario: If the price remains below 5620, it could lead to a corrective move down to 5584. Key Levels: - Pivot Line: 5620 - Resistance Lines: 5642, 5675, 5700 - Support Lines: 5584, 5553, 5525 Today's Expected Trading Range: The price is expected to fluctuate between 5584 and 5675. Trend: Bullish momentum Longby SroshMayi5
SPX. Heavy short after Unemployment Claims News? 22/August/24SPX500 will reach ATH again? Maybe today US Unemployment Claims data will give us an answer? Although US government have "announced" that don't be "shocked/shorted" as this time "the calculation" of US Unemployment Claims is "difference" than before..Shortby SteveTan331
The best trade can sometime be no trade!Thereโs a time to sit on your hands. Sometimes the best trade idea is to simply turn off the monitor, pack away your pens and paper, and go relax for a long weekend. (UK Bank Holiday Weekend) I am always long on US stocks; however, sometimes the market gets into a position when the risk to reward is not there. I look to follow market momentum, ideally early momentum. Yes, there has been a lot of momentum since the 'JPY carry unwind' at the start of August, and S&P500 has shown us momentum. Momentum usually comes in three stages: Early momentum: the best time to enter. High momentum: high RR trades. Stretched momentum: be cautious. Trading with momentum will always yield a higher RR, in my opinion, and my trade thesis is still in play. So why stay flat? Jackson Hole Symposium! Usually, Iโm chilled with economic releases, but this eventโs making me take a step back for a few days. In its most simplistic form, I believe the market is front running this event, less than 1% from ATH, a major level plus approaching short term stretched momentum. The general assumption being that Fed Chair Powell will give the market what it wants, some warm words implying rate cuts. = liquidity and cheap money = buy everything. This is good, right? Well, yes and no. Long-term, itโs great. Shorter term โbuy the rumour, sell the factโ is not great. The potential good news may be capped; what else can he say that the market hasnโt priced in? However, if JP is dovish or signals some caution, there could be a bigger pullback, skewing the RR on a trade. Remember, the market moves in ebbs and flows . A quick visual look at the chart shows, SPX, doesnโt stretch too far from the 20 SMA before pulling back. Avoid trading into major levels ! One of my rules. Iโll be waiting for a clean break above 5675, SPX to pullback, and then looking for new momentum. OR a sharp correction, and again, wait for early momentum after the pullback. Avoid FOMO, have your rules, and be confident. If the market moves 5% without me, so be it. Iโll wait for a pullback! Look for high-probability trades and avoid the stress of low probability. Keep trading simple. Keep macro simpler. by SACT_CAPITAL4
biggest CRASH IN HISTORY !!!!!!!!!!!!!we are trading to a very close rage to the top of this whole market the crash will be to these prices, but it may extend to more than 80 % crash if the wave B passed the Top THIS IS THE OVERVIEW AND NEED SOME TIME . Shortby llchartistll221
Buy using probabilityThe way probability distribution works is most common the result - higher the result on the bell curve and rare events are on the bottom of curve. On strong markets, prices rarely ever sit still at pivotal levels like 200dma or high VIX. Here we also saw higher lows, market only had two directions (crash or bull). If you know how markets work (or the drivers) this was a high probability entry. Sometimes accumulating VIX points to pressure building up and steam is being taken out from markets? "Prices are result of Supply-Demand dynamics". I would argue that big players benefit from buying low and defending peaks (as they got nothing to lose). would argue they lose by not buying low. This is a theoretical idea to give you perspective on strategy?by citsvar0
S&P 500 Index (SPX) Analysis: Key Levels and Expectations.SP:SPX My Take: Looking at the 4-hour chart of the S&P 500 Index, it's clear that we're approaching a critical juncture. The price recently rallied up to the $5,630 - $5,655 resistance zone, which has been a significant barrier in the past. However, this level has proven to be tough for the bulls to break through, and we're now seeing signs of potential exhaustion. Key Levels: Resistance: $5,620 - $5,630: This is the zone where the price is currently facing resistance. Itโs a crucial area to watch because a failure to break above it could result in a pullback. Support: $5,480 - $5,440: If we see a rejection from the current resistance, I'm expecting the price to retrace towards this support zone. This area has acted as a strong floor in the past, and it's likely where buyers might step in again. Trendline Support: The upward trendline, originating from the lows earlier this year, is still intact. This trendline could provide additional support around the $5,280 level if the price breaks through the aforementioned support zone. Expectations: Pullback Potential: Given the current price action, I wouldnโt be surprised to see a pullback from this resistance zone. The first area I'll be watching for potential support is the $5,480 - $5,440 zone. A break below this could bring us down to test the trendline around $5,280. Continuation of the Uptrend: If the bulls manage to push through the $5,620 - $5,630 resistance zone, we could see a continuation of the uptrend with a possible target towards $5,700 and beyond. But for now, Iโm leaning towards the possibility of a short-term pullback before any further upside. Food for Thoughts: Right now, Iโm closely watching how the price reacts around this resistance zone. A pullback could offer a good buying opportunity, especially if it holds above the $5,480 - $5,440 support area. On the other hand, a strong breakout above $5,630 would signal that the bulls are in control and could push the market to new highs. Stay tuned for more updates as the situation develops! Happy Trading from Deno Trading!by Deno_Trading4
indices expected movement Indices expected movement based on elliot wave mapping method and corellation with market dynamic. im using the timing also in a mapping to sycncro all the movement .Longby BudakNakalAcademy0
SPX - Historical View vs Current ViewSlightly longer video today. If you're not interested in the historical view, you can start roughly half way through. The SPX is certainly starting to show even more signs that we're in a phase where something is ending. On higher timeframes, there are potentially several more years ahead of upside, and trying to catch tops can be a fools game, so take great care if you are hedging positions. The 50 DAY SIMPLE MOVING AVERAGE (SMA) is the key here. We found support on that in late July, then broke down in early August and we broke the 100 day SMA as well. This showed significant signs of weakness, however we made several tests of that 100 day moving average and broke above it. It appeared we would also break back down when we approached that 50 day SMA, but the very next day, there was a significant gap that was formed. Gap and go - so far we've continued moving up from there. Yesterday was the first red day in 6 trading days and we've basically been trending up ever since the bottom on August 5th. As long as we keep trading above that 50 day SMA,I think generally speaking markets will continue to climb a bit. IF we break through new all-time-highs, the next logical target would be about 5900, which I would expect significant resistance as that is a highly anticipated algo target from a fibonacci extension standpoint as well as a nice round psychological number. One day at a time. Have a great day. :-)Long07:44by bitdoctor5
SP500 Analysis 8_21Price is looking to try and reach previous day highs but is struggling. Looking for shorts below 5600 level to take to Monday sell side liquidity. Bulls have been pushing price higher last 2 days. will see what happens around 10 am. Good luck trading. Risk Mngt. Check my profile for more info.Shortby MrVizions_421221
S&P500 Ends 8-Day Streak as Markets Eye Fed Minutes Jackson HoleS&P 500 Snaps 8-Day Win Streak Ahead of Fed Minutes and Jackson Hole Uncertainty Market Reversal: Wall Street reversed course Tuesday, breaking recent winning streaks. Fed Minutes: The Federal Reserve will release minutes from its last meeting, where rates were held but future cuts hinted Jackson Hole: This week's Jackson Hole event could further shake up markets. S&P 500 Technical Analysis The price is currently consolidating between 5,584 and 5,620, awaiting a breakout. Bullish Scenario: If the price stabilizes above 5,620, confirmed by a 4-hour candle close, it could rise further toward 5,676. Bearish Scenario: If the price remains below 5584, it could lead to a corrective move down to 5525. Key Levels: - Pivot Line: 5584 - Resistance Lines: 5642, 5675, 5700 - Support Lines: 5553, 5525, 5491 Today's Expected Trading Range: The price is expected to fluctuate between 5525 and 5,675. Trend: Bullish momentum with potential correction.Longby SroshMayi8
S&P500 This is how it will reach 6000.The S&P500 index (SPX) has recovered almost all of its losses since its July 16 All Time High (ATH), firmly establishing again itself above the 1D MA50 (blue trend-line), which is the usual short-term Support level during uptrends. The underlying pattern is a Channel Up and every time the index breaks above a former Resistance level (such as the current ATH), it consolidates for a few days and retests it as a Support, before starting the next wave of the Bullish Leg. As a result, we expect the index to break above 5670 soon and then turn sideways, sustained above it for 1-2 weeks. By the end of October we are targeting for a 6000 Higher High at the top of the long-term Channel Up pattern. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot2223
SP500 MAJOR RECESSION COMING...The unemployment rate has been steadily rising for the past year, which as seen on the comparison regularly precedes major economic downturn. Shortby rtlustymen4413
SPX500 BULLISH-Looking for buys on a 4HR +OB. - First we need sell side to be taken out before or around 9:00am NYC time. - Then on a 1mins to 5mins chart we want to see Sell PDRAYS being violented - After that any MSS formed within 1mins to 5mins chart we take buysLongby cloudy_Blank_1
The analysis of the US500 index by the Mallicast team In the analysis of the US500 on the daily timeframe, the upward trend can potentially continue up to the level of 6139.60. However, after reaching the price of 5665.6, a correction towards the 0.5 Fibonacci level is possible, and following that, the upward trend is expected to resume.Longby mallicast1
S&P 500 Potential Resistance $5618.74 21.08.2024 Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivanโs Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby Stuart_Cowell0
Bullish momentum to extend?S&P500 (US500) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 5,561.67 1st Support: 5,464.86 1st Resistance: 5,668.95 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.ULongby ICmarkets4
US500 SHORT CONDITIONALUS500 S SHORT CONDITIONAL ENTRY PLEASE DONโT BE GREEDY ENTRY POINT : yellow point TP : blue lines SL : below red line for LONG POSITION above red Line for SHORT POSITION INSTRUCTIONS: FOR risk and money management: 5% of your wallet for LEV X โค20 And 3% of your wallet for LEV X โฅ 20 PLEASE DONโT BE GREEDY DO YOU WANT TO HAVE ACCURATE SIGNALS EVERY DAY? do you want to learn? The best indicators The best analyzes The best entry point The best sales areas How to make profit How to corver up losses How to stay profitableShortby RODDYTRADING114
SPX500The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. Shortby HavalMamar2
S&P Short Term Top Again... Looking for Sell Off soon.I think the S&P has topped out again today and will most likely turn down. This is a short-term trade, but overall if we see a double top in the markets over the next few weeks without a strong breakout, then the stock market will correct downwards very hard soon and take out the lows we saw a few weeks ago. Warning...This fall will be ugly for the Stock MarketsShortby FinancialLiberties223
SPX500 Buy IdeaIve seen price break below liquidity then push up and confirm bullish structure. Once price enters this zone I'm looking to take buys.Longby perkinsdandre90