SPX needs to close above $6,700 next month to be bullish. The 3 month on a breakout indicator is doing a higher low which signals a market reversal. The Red line on the Breakout indicator is a simulation if SPX will close above $6700. Usually, the market tops at the red step average, if SPX can close above that, it will be a massive move to the upside, if it touches it or barely touches it, it might be on a reversal. The support is the Step Average Blue line but im looking for it to go easily on the Green Step Average line.
SPX500 trade ideas
S&P500 - The 2025 Bullrun Just Started!S&P500 ( TVC:SPX ) will rally massively during 2025:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years, the S&P500 has perfectly been respecting the trendlines of a rising channel formation. After the recent rally of +70%, it is quite likely that - following the 2020 cycle - we will see another final rally of about +20% before the S&P500 will correct itself.
Levels to watch: $7.000
Keep your long term vision,
Philip (BasicTrading)
SPX Downside Continuation Post Trend BreakdownAnticipating selling pressure to continue into weekend with SLD/OPEX headwinds. ES broke below key 6030 level and will need to find support above 6k to maintain bullish positioning. SPX closed the week at 50EMA but a failure and Monday open below 6k likely leads to downside opportunity at lower trendline around 5960-5970.
Positions: Feb26 6,000P
Possible Completion of this stage of drop.We have a nice 5 leg drop so far and now we're current threatening the double bottom.
If we fail to make a new low today I think we'll trade 6080 again.
Picked up longs and lotto calls today.
Would love to see this bounce for a short.
Out my shorts accumulated during the drop.
NVDA Earnings - Must Watch EarningsNVDA Earnings Wednesday after market
This is crazy that 1 stock may be the pain or gain for the markets in 2025
Glass Half Full
-NVDA is a revenue monster
-Earnings trend continues to point higher
-Demand for chips remains high (minus DeepSeek scare and uncertainty)
-19% weight on SMH
-7% weight on SPY
-8% weight on QQQ
-NVDA bullish can single handedly lift the markets and renew optimism and risk appetite
Glass Half Empty
-NVDA is overvalued
-NVDA hasn't hit all-time highs since Nov 2024 (with fakeout in Jan 2025)
-NVDA's reign is over and competition is heating up in the chips space and AI arms race
-NVDA bearish can be the wave of risk off that confirms current market concerns and fears
It's a big deal - plan and trade accordingly. Thanks for watching!!!
S&P500 Is Nearing The Daily TrendHey Traders. in today's trading session we are monitoring US500 for a buying opportunity around 5850 zone, S&P500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5850 support and resistance area.
Trade safe, Joe.
SP 500 roadmap for the next few days The chart posted is the cash sp 500 based on lots and the Math we should hold the 6009 area if this is correct and then drop into some bad news in a 3 wave drop to .786 or a minor new low at 5886 Not sure yet .I am back in Cash 100 % just relaxing and watching the MATH best of trades the WAVETIMER
SPX500USD Will Go Higher! Long!
Here is our detailed technical review for SPX500USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 5,987.7.
The above observations make me that the market will inevitably achieve 6,125.2 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!
SPX Pop After Drop ?What's up people? I'll tell you what I think might go up !
I think I just might see enough accumulation going on to cause a pop. Yep, you read right.
A pop to 6045.5 area on SPX/USD if and IF price can get and hold above 5994.1 area.
That's around 48.3 points. Nice little pop after that big drop.
Get your bulls ready to display at the local fair.
Break above 5994.1 area
Target 48.3 points 6045.5
$SPY $SPX Pullback to Gap Fill? I've been waiting for a rocket to AMEX:SPY $630 but my monthly tells me that February wants to close red. Here is my daily with a fib that we cant seem to hold above although today we did close above once I have been waiting patiently in this box unlike others, I have constantly reiterated, don't try to be a hero inside of the box. Now that the Box seems to be pushing towards the upside, I can't help but notice we continue printing bearish candles regardless of direction. Today we closed with a Hangman, which begs the question, could we perhaps lean bearish for two of the most bearish weeks of the year in comparison? I'd like to think I'm not wrong here and we will get a spill before anyone gets an expected blow off top. Be careful out there, volatility remains present and the VIX was above the 50DMA last time I checked. If we can get this gap fill and start moving back up, I will be confident in the gap fill being bottom. Seeing as $593 AMEX:SPY alert for bottom never filled, I will have to assume it's still a possibility. Taz out.
S&P500 How Expensive Is It?The Average Wage Earner Needs To Work166.5 Hours To Buy One Share Of The S&P500
If this chart does not drive the point home. Nothing will.
Sometimes simple common sense is more powerful than all the fancy analysis one can buy or think of to create.
Price is what you pay, and value is what you get! Remember that my friends.
DANGER IS SCREAMING AT YOU!
SPX Distribution day? I made an analysis on the SPX chart, and will be cautious about the latest index movement.
I’ve been studying the SPX chart since the bull run began in October 2023, and the recent daily candlestick action with rising volume is concerning. Over the last 1.5 years, I identified five major distribution days. In the previous four, we didn’t see a follow-up surge in volume despite the price dropping below the 50-day SMA, nor did we see divergences in S5FI (S&P 500 trading above their 50-day simple moving average) or S5TH (S&P 500 trading above their 200-day SMA).
However, from late December until now, SPX hasn’t made a higher high and seems stuck in a range. Over the last four sessions, all red candles showed increasing volume, each surpassing the 50-day average volume. I also see a divergence in S5FI and S5TH since September, which could signal either a simple bull-run pullback or a larger correction.
For now, I’m sitting on cash, monitoring potential catalysts, and ready to initiate a small short position if more bearish signals appear.
S&P 500 Market Discourse: A Resilient Ascent Toward 6125 Appears
It is becoming increasingly evident that the S&P 500 has delineated a formidable bottom, laying the groundwork for an impending resurgence of bullish momentum. A confluence of technical, fundamental, and macroeconomic factors suggests the index is poised for an elegant ascent, with 6125 emerging as a plausible target in the forthcoming horizon.
The recent retracement, though disconcerting to the unseasoned observer, bears the hallmarks of a market in the throes of recalibration rather than capitulation. Price action has exhibited a graceful reverence for established support structures, while diminishing sell-side velocity intimates a waning bearish resolve. Such behavior is quintessentially indicative of an impending reversal, as astute market participants gradually reassert their influence.
Technically, the landscape is increasingly conducive to a bullish revival. Momentum oscillators, having languished in oversold extremities, now signal the nascent stirrings of upward impetus. Volume dynamics further reinforce this narrative, as the tapering of distribution suggests an ebbing tide of pessimism. Notably, harmonic price structures and Fibonacci retracement confluences lend credence to the hypothesis that the recent nadir represents a durable cyclical inflection point.
From a fundamental vantage, the market’s capacity to endure macroeconomic vicissitudes and adapt to shifting monetary postures exemplifies its inherent fortitude. Corporate earnings have displayed an admirable resilience, while liquidity conditions, though fluid, remain sufficiently accommodative to sustain risk assets. As sentiment steadies and capital migrates back to equities, the gravitational pull toward higher valuations is likely to accelerate.
In summation, the prevailing evidence suggests that the S&P 500 has gracefully navigated its corrective phase and now stands on the precipice of a renewed ascent. Absent an exogenous shock of profound magnitude, the index appears destined to reclaim lost ground, with 6125 serving as a beacon for the ensuing bullish expedition.
Bollinger Bands: Basics and Breakout Strategy🔵 What are Bollinger Bands?
Bollinger Bands are a popular technical analysis tool developed by John Bollinger in the early 1980s. They help traders analyze price volatility and potential price levels for buying or selling. The indicator consists of three lines plotted over a price chart:
Middle Band: A simple moving average (SMA), typically set to a 20-period average.
Upper Band: The middle band plus two standard deviations.
Lower Band: The middle band minus two standard deviations.
🔵 How Are Bollinger Bands Calculated?
Middle Band (MB): MB = 20-period SMA of the closing price.
Upper Band (UB): UB = MB + (2 × standard deviation of the last 20 periods).
Lower Band (LB): LB = MB - (2 × standard deviation of the last 20 periods).
The bands expand when volatility increases and contract when volatility decreases.
length = 20
basis = ta.sma(src, length)
dev = mult * ta.stdev(src, length)
upper = basis + dev
lower = basis - dev
🔵 How to Use Bollinger Bands in Trading
Bollinger Bands provide insights into market volatility and potential price reversals. Traders often use them to:
Identify overbought (price near the upper band) and oversold (price near the lower band) conditions.
Spot volatility contractions, which often precede significant price moves.
Confirm trend strength and potential reversals.
🔵 Bollinger Bands Breakout Strategy
One effective strategy involves preparing for breakouts when the upper and lower bands contract, indicating low price momentum.
Strategy Steps:
Identify Low Volatility Zones: Look for periods when the bands are close together, signaling a potential breakout.
Prepare for a Breakout: Monitor price action as it approaches either the upper or lower band.
Entry Signal: Enter a trade when the price closes above the upper band (for a long position) or below the lower band (for a short position).
Stop Loss Placement:
For long entries (break above upper band): Set stop loss at the lower band.
For short entries (break below lower band): Set stop loss at the upper band.
Profit Target: Use a risk-reward ratio of at least 1:2 or close the position when price shows signs of reversal.
Example Charts:
🔵 Final Thoughts
This Bollinger Bands breakout strategy is simple yet effective. By recognizing periods of low volatility and preparing for breakouts, traders can capitalize on significant price movements. Always complement this strategy with proper risk management and confirmation indicators for optimal results.
This article is for informational purposes only and should not be considered financial advice. Trading involves risk, and traders are solely responsible for their own decisions and actions.
$SPX - Analysis Key Levels and Targets for Feb 25
NVDA earnings plus the recent sell off and outflow give us a pretty wide trading range revolving around the 50 day MA.
That’s all I’m writing today and let’s go over it in tonights video.
Make sure to grab this chart (button just under the chart that says "Grab this chart" and let’s gooo…
$SPX Recap for Feb 24 - Today's Trading Range coming asap
Good Morning, y’all. I lost my voice (more like a sore throat, I feel fine otherwise but a sore throat so doing the charts on here today)
Yesterday - SPY opened with a pop up, and at the 1hr200MA got pushed underneath the 50 Day moving average. We got pack above the 50 day and got pushed back down by the one hour 200. That 1 hour timeframe is fighting back now that the 35EMA slid under the 30min 200. (That was a lot)
We DID trader completely within the implied move.
The 50DAY moving average is not pointing DOWN here.
SPX's Multi Month Stall at Resistance. A decision in SPX has to be due soon. For 4 months now it's barcoded at the same 1.61 general inflection zone.
From here I find we typically reject or we trade to the 2.20. Both of these would be a 8 -10% move - it's just a question of to which side.
SPX has started to shape up a lot like a break.
If the bear thesis is correct it needs to be evidenced by a big red monthly bar.
I'd estimate it has to be something in the range of about 8% and sometime March/April.
Should be fairly obvious. And we're getting to the levels where the break is close to being "Confirmed" (not that I rank the idea of confirmation too high, many of the worst trades ever were "confirmed").
9/10 sketchy.
Looking really sketchy out there.