Have We Topped?Structure wise fits for a top to be in or damn close here - many are expecting 2025 to be a great year for markets however I think we're going to trend down.
SPX500USD trade ideas
S&P500 Only buy above this level.S&P500 is trading on a Channel Up and today crossed over the MA50 (1d) again.
In order to confirm any bullish sentiment, it has to cross above the Falling Resistance coming from the previous high.
If it does, it can technically follow the growth % of the previous bullish waves that was +7.15%.
Trading Plan:
1. Buy if the price crosses above the Falling Resistance.
Targets:
1. 6180 (+7.15% from the bottom).
Tips:
1. The RSI (1d) has already crossed over its MA trendline. Already a strong bullish breakout.
Please like, follow and comment!!
Notes:
Past trading plan:
US 500: Poised for Growth After Minor CorrectionUS 500: Poised for Growth After Minor Correction
US500, following its recent correction, has formed—or is in the final stages of forming—a five-wave structure to the upside.
Next, I anticipate a minor corrective pullback (3 waves down), likely aligning with key Fibonacci retracement levels.
Once the correction completes, I expect the upward trend to resume.
Will it be great again?Markets are also looking ahead to Monday's inauguration of President-elect Trump for potential clarity on forthcoming policy changes.
US Stocks Post Strong Gains.
All signs point to a possible break in resistance levels
SPX: MTF Cluster Support at 5,810 with EMA Confirmation StrategyCurrent Technical Setup
The SP:SPX is testing a significant cluster support level at 5,810, identified by FibExtender Pro with multiple timeframe confluence. The price has shown a clear reaction at this level, making it a potential launching point for a bullish move.
Entry Conditions
Primary Triggers Required:
8 EMA crossing above 34 EMA on 30-minute chart (currently bearish)
Price breaking above last swing high at 5,850
Price holding above cluster support at 5,810
Price Targets
First target: 6,000 (psychological level and major cluster resistance - 4 levels)
Second target: 6,170 (cluster resistance - 3 levels)
Risk Management
Stop Loss Parameters:
Place stops below 5,810 cluster support
Exit if price fails to hold above EMAs after entry
Cancel setup if entry triggers aren't activated
Timeframe Analysis
30-Minute Chart:
Currently bearish configuration
8 EMA below 34 EMA
Waiting for bullish crossover and Price breaking above last swing high at 5,850
Weekly Chart:
Strong bullish structure
Moving averages stacked positively
5,810 cluster support adds confluence
50 EMA > 200 EMA (bullish)
Time-Based Considerations
The January 13 time cluster provides an additional layer of confluence for potential trend reversal. This timing aligns with Fibonacci principles suggesting higher probability setups when time and price zones converge.
Special Notes
The mixed signals between timeframes require patience. The weekly chart provides a strong bullish foundation, but entry must wait for 30-minute confirmation signals to align. The setup becomes invalid if price breaks below cluster support without triggering entry conditions.
S&P 500 / Consolidation with Bearish and Bullish PotentialS&P 500 Analysis
The price needs to stabilize below 5,969 to target 5,937, and breaking this level would confirm a continuation of the bearish trend towards 5,893.
Alternatively, the price must break above 5,969 by closing a 4-hour or 1-hour candle to signal a bullish trend, with potential upside targets at 6,022.
Currently, the market is consolidating between 5,937 and 5,969.
Key Levels:
Pivot Point: 5,969
Resistance Levels: 6,000, 6,022, 6,057
Support Levels: 5,937, 5,908, 5,864
Trend Outlook:
Consolidation is observed between 5,937 and 5,969.
Breakout or back to lower bound?Crucial moment for s&p500...
Breakout here? Resume uptrend?
Or back to the lower bound of the channel... around $5750, for another lower low?
Exciting for bulls... scary for bears...
Stay Strong,
Co9
SPX500USD DOWNSPX500USD CHoCh was formed and the index broke down the uptrend line and the retest was made and breakdown confirmed .
Good LUck
Can a breakthrough to the upside be maintained of S&P500?From the technical side, we are seeing a small push higher, breaking above a short-term downside line. Despite this being a somewhat positive occurrence, we would rather wait to see where we close at the end of Friday. For more information, please see the video.
MARKETSCOM:US500
RISK DISCLAIMER
74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
[b]SA Markets – January 17th, 2025[/b]Market Overview:
Asia: Markets started red but turned green later in the day.
China: Up for the fourth consecutive day.
Nikkei (Japan): Trading in its lower range with a slight bounce, but not significant.
Europe:
EU50: Reached an all-time high, coming out of a long base stretching back to March 28th, 2024.
Positive sentiment driven by lower inflation data and expectations of reduced rates.
Germany and France: Both showing strength, with Germany also reaching a new all-time high.
STOXX 600: Still trading below the range it has been stuck under since May 15th, 2024.
Bitcoin and Cryptocurrencies:
Bitcoin: Trading above $100,000, currently at $102,000. Last time it was at this level (January 6th), it was quickly rejected.
Ethereum: Third inside day.
Solana: Testing highs from January 6th, with news that it might be included in Trump’s reserve holdings.
IBD 250 Pre-market:
Mixed bag with some red names but many showing green and gapping up pre-market.
Screener Results:
20% Gainers (Past Week):
31 names, led by Constellation Energy .
Sectors include health technology and commercial services.
8% Gainers (Past Week):
294 names, with notable strength in luxury names, Bitcoin-related stocks, and finance.
Louis Vuitton: Stands out, up 10%.
8% Losers (Past Week):
156 names, including Toyota , Porsche , Las Vegas Sands , Snap , and GameStop .
Dominated by health technology, electronic technology, services, and utilities.
20% Losers (Past Week):
31 names, primarily in health technology.
Notable losers include Moderna and FDA Aviation .
ETF Highlights (Yesterday):
Strongest: XLU (Utilities), XLRE (Real Estate), and Broker-Dealer ETFs.
Weakest: Regional Banks, Oil, and Uranium ETFs.
Additional Observations:
Rate-sensitive sectors showed strong performance yesterday, benefiting from recent inflation data.
RSP (Equal-Weighted S&P): Above the 50 EMA, showing strength and indicating that breadth is holding up despite weakness in large-cap names.
VIX: At 16, showing an inside day with no major moves lower.
Plan of Action:
Exercise caution with new trades after several strong days in the market.
Await a pullback before adding positions, focusing on names with potential for strong 3-5 day moves.
Start small with any new positions as the market might need time to cool off.
Upcoming Events to Watch:
Monday: U.S. markets closed for a holiday.
Next Week: Potential market movements with the inauguration of a new president.
$SPX Tomorrow's Trading RangeNo words tonight - just the chart for tomorrow. 1hr 200MA and the 50DMA above us
SPX500The third touch of the trendline seems close if You feel you wanna get it try using small lots first like me i will be entering with .04 lots first.
VHT YOUR MENTOR SIGNING OUT
Nightly $SPX / $SPY Predictions for 1.17.2024🔮
📅 Fri Jan 17
⏰ 8:30am
📊 Building Permits: 1.46M (prev: 1.49M)
💡 Market Insights:
📈 GAP ABOVE HPZ:
On a gap up, we will get pinned down by the weekly zone before dropping lower.
📊 OPEN WITHIN EEZ:
People finally decided to be bullish after seeing yesterday's price action. Let’s bet against them first, then close it around 5925.
📉 GAP BELOW HCZ:
We will likely get a small bounce and hold.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
S&P 500 on textbook falling wedgeS&P 500 is about to break a falling wedge on the daily.
RSI is almost capped and doesn't have strength in its current bullish movement.
Most likely we are back to the base before breaking it.
US500/SPX technical analysisTechnical analysis for US500/SPX.
Another possible bearish count, with wedge containing a leading diagonal A or 1. If correct, wave 5 would stop short of 5684.1.
S&P 500 Update: Key Developments You Should KnowHey everyone! I wanted to share some important insights regarding the S&P 500 Index that could impact your trading and investing strategies.
Since July 15, 2024, the daily chart has been forming a rising wedge pattern, a bearish setup in technical analysis. Fast forward to December 17, the pattern completed, and we saw the first signs of a break in structure.
Here’s why this matters:
When a rising wedge breaks down, previous support levels flip into resistance zones.
It’s common to see a retest of the resistance to confirm the zone, and a false breakout can lure retail traders into poor positions before the market reverses downward.
Fast forward to today, January 16, 2025— the market just closed below the 50-day moving average, signaling potential weakness.
As we move further into the year, it’s crucial to stay vigilant, manage your portfolio carefully, and keep an eye on key technical levels. Remember, staying informed and disciplined is the edge you need in these markets.
Hope this breakdown brings some clarity to what’s unfolding with the S&P 500. Catch you next time!
S&P 500 SELL AT SUPPLY ZONE SMART MONEY CONCEPTHere on S&P 500 price has from a supply zone around level of 5958.26 and is likely to go down more so trader should go for short and expect profit target of 5875.26 with stoploss of 5986.41. Use money management
STAY AWAY FROM SPX 16 jan 2025Charts have been already showing that it needs to go down but now even indicators are showing downside.
Don't be a bull right right now. It is showing short trade now but I wont short
SPX Potential DropTrading in a nice descending channel.
Currently testing the upper channel resistance level which confluences with the previous moves 76.4% Fib Retracement adding weight to this level.
Potential for another test of the equilibrium, potentially even the lower channel trend line around the -27.2 Fib Extension.
Stops can be placed at break even / just above the upper channel trend line.
US500/SPX morning analysisTechnical analysis of US500/SPX.
Three different counts, one bullish (green) and two bearish (yellow, red).
Green count has primary double combo wave to complete the correction, bottom in at 5756.90.
Yellow and red counts both have an expanded flat correction starting on 20 December and are projecting wave (c) to complete above 6039.6.
Yellow count has the expanded flat as a wave ((B)), looking for ((C)) below 5500. Red count has top in, expanded flat as a wave ((2)), looking for wave ((3)) below 5500.
Bulls and Bears zone for 01-16-2025Yesterday RTH session price action suggests that traders were cautious.
Any test of yesterday's High could provide some sense for the day.
Level to watch: 5995 ---- 5993
Reports to look for:
US Business Inventories 10am ET
US Housing Market Index 10am ET
SPX UpdateMarkets look to continue going higher. I see at least 6600.
Melt up be melting up
Not financial advice
