What goes up must come downSPY is massively overbought since Jan 24. My new indicator WaveTrend Multi Time Frame Table illustrates this.
Trumps actions start initiated what had to happen anyway. Currently the SPY is correcting from the previous 3 weeks of bull run.
After that the 1D, 1W and hourly charts should be green again (oversold zone) and we could see another bullish sentiment.
Just my 2 cents. Do your own research.
US500 trade ideas
SPX: Good push at EOD 4/30, but…Possible H&S? Hear me outGood push at end of day on 4/30 at close.
Zooming out, it’s starting look like it’s forming a H&S. I’m starting to see a lot of people flipping bearish as well. But, also near close today, volume was not promising, declining at the close.
I swung short-term puts on SPY, I like SPX puts for a day trade due to this formation but this H&S can possibly out within the end of week with more data and uncertainty or the following week.
I’m short at the touch of the light red line: 5655.79 to the downside.
Gaps below 5354.76, 5206.44
Would say by EOW to next week, if we pull back, may form/complete the right shoulder.
Do your DD!
Let me know your thoughts! #NFA
S&P 500 correction before the global fall.S&P 500 correction before the global fall of the usa stock market.
Hey traders! I’m sure many of you have noticed that after the introduction of retaliatory tariffs, the markets started getting pretty choppy.
The S&P 500 took a serious dive.
• On the weekly chart, I’ve marked a support level + the 161.8% Fibonacci level, where we might see a bounce back to the $5680–$5800 range.
• But from there, I think we could see the start of a major crash—both in equities and crypto—that could last 1–2 years.
• Based on my estimates, the S&P 500 could drop back to 2020–2021 levels, a wide range of 2200–3000.
• For Bitcoin, we’re talking around $5000; for Ethereum, $100–$300; and for Solana, $2–$12.
3D Chart:
3W Chart:
Real-world events that could tank the stock market this hard:
Global Recession: If major economies (US, China, EU) slide into a recession at the same time—think trade wars, rampant inflation, or a debt crisis—investors will dump risky assets like hot potatoes.
Trade War Escalation: Harsher tariffs between the US and China/EU could wreck supply chains, crush corporate earnings, and spark a full-on market panic.
Geopolitical Conflict: A big blow-up—like a full-scale war or crisis (say, Taiwan or the Middle East)—could send capital fleeing to safe havens (gold, bonds), while stocks and crypto get slaughtered.
Collapse of a Major Financial Player: If a big bank or hedge fund goes bust (Lehman Brothers 2.0-style) due to an overheated market or bad debt, it could trigger a domino effect.
Energy Crisis: A spike in oil/gas prices (from sanctions or conflicts, for example) could kneecap the economy and drag risk assets down with it.
Market Bubble Burst: If the current rally turns out to be a massive bubble (and plenty of folks think it is), its pop could pull indexes down all on its own.
Looming Wars: A potential Russia-Europe war starting as early as 2025, or an Iran-Israel conflict that drags in multiple nations, could destabilize global markets, spike energy prices, and send investors running for the exits.
S&P 500 index Wave Analysis – 29 April 2025
- S&P 500 index broke key resistance level 5500.00
- Likely to rise to resistance level 5700.00
S&P 500 index recently broke the key resistance level 5500.00 (former support from March, which also stopped A-wave of the active ABC correction B from the start of April).
The breakout of the resistance level 5500.00 coincided with the breakout of the 50% Fibonacci correction of the downward impulse from February.
S&P 500 index can be expected to rise toward the next resistance level 5700.00, target price for the completion of the active impulse wave C.
SPX500: Short Setup Brewing!SPX500 is currently consolidating above the key volume node at 5,480.85, showing resilience after a sharp pullback last week. Price action remains inside a rising channel, but the steeper trendline has been broken, hinting at possible loss of momentum.
🔹 Key Observations:
Price is testing the lower trendline support—a breakdown here could trigger a move toward 5,400.
Volume profile shows heavy interest at 5,480, with a potential volume gap below that could accelerate downside.
VWAP support is intact for now, supporting a neutral-to-bullish bias.
A breakout above 5,530 would confirm bullish continuation and likely test 5,560+.
📈 Bias: Neutral to Bullish
📉 Breakdown Trigger: Below 5,480
📊 Probability Estimates:
Bullish breakout: 55%
Bearish breakdown: 45%
Watching closely for resolution at this inflection point. Patience until direction confirms.
💬 What’s your bias—bulls or bears?
#SPX500 #ES1 #S&P500 #VolumeProfile #TechnicalAnalysis #FOMC #VWAP #TrendlineBreak
Bearish drop?S&P500 is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 5,510.94
Why we like it:
There is an overlap resistance level.
Stop loss: 5,665.52
Why we like it:
There is a pullback resistance.
Take profit: 5,324.97
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
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S&P 500 ,,, Update chartTrending possibility
As I mentioned in a previous analysis, the chart reacted to a strong support zone with a significant bullish candle, indicating an emotional response. This was followed by a small correction. One encouraging sign suggesting a potential move into the green zone is the considerable buying volume observed at the support level, potentially signaling the end of this correction.
According to my strategy, identifying a new uptrend involves breaking a descending trend line and moving decisively above a major level, such as 5500 on this chart. Therefore, if a strong bullish candle forms and closes above this key level, I will consider initiating new long positions.
It's crucial to remember that consistent success in this market relies on having a clear strategy and adhering to it diligently.
Good luck.
Economy - Moving ForwardWhat's expected of the economy?
For 2025, the stock market started strong, the three major U.S. indexes soared to its all-time highs, putting confidence in retail investors.
End of Q1, we've seen a shift in the market due to tariffs and the start of a trade war. Why are the tariffs bad for the U.S. economy?
The biggest problem with tariffs is that it could drive higher prices in consumer goods through "taxes" in imported goods. It also causes disruption in supply chain, slower economic growth, retaliation from foreign countries, etc. The economic data also shows signs of a possible recession.
Not everything is lost.
Asian countries such as Japan, Korea, and Indian are taking in the lead in trade talks with Donald Trump. China has given exemptions to certain U.S. goods in order to ease the trade war, leading to a potential trade talks with the economy giants, the U.S. The 90 day reciprocal tariffs are also an opening for talks.
Let's see how it goes.
S&P 500 Rally Exhausted? Watch This Level for the Next Drop!The S&P 500 Index( SP:SPX ) has finally touched the Resistance zone($5,680-$5,500) as I expected in my previous post .
The S&P 500 Index is moving near the Resistance zone($5,680-$5,500) , the Resistance line, and Yearly Pivot Point .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
In terms of Elliott Wave theory , it seems that the S&P 500 Index is completing the Zigzag Correction(ABC/5-3-5) , and if the uptrend line breaks , we can confirm the end of the Zigzag correction .
When the S&P 500 Index started to rise on April 22 , Bitcoin also started to rise at the same time , so a decline in the S&P 500 Index can cause Bitcoin ( BINANCE:BTCUSDT ) to decline .
I expect the S&P 500 Index to drop to at least $5,313 AFTER breaking the uptrend line .
Note: If the S&P 500 Index touches $5,712, we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD),2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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S&P 500 Rips Into Resistance- Bulls on NoticeThe S&P 500 has rallied more than 15.6% off the lows with the bull now testing confluent resistance at 5531/43 - a region defined by the 78.6% retracement of the monthly range and the April high-day close. Note that a three-point resistance slope converges on this threshold and the immediate advance may be vulnerable while below.
Initial support rests with the 4/22 reversal close at 5285 - losses below this threshold would threaten another bout of selling towards the yearly low-day close (LDC) near 5061 .
A topside breach / close above this hurdle exposes the monthly open at 5600 and the 61.8% retracement of the decline off the record highs at 5634 - look for a larger reaction there IF reached.
Bottom line : The index is testing resistance here- losses would need to be limited to 5285 IF price is heading higher on this stretch with a close above 5434 needed to clear the way for the next leg of the advance.
-MB
US 500 Index – How Far Can the Recovery Extend?The upside recovery in the US 500 index continued last week, adding nearly 5% to close at 5523 on Friday, a 1 month high, as weak short positions continued to be squeezed out by a combination of factors, including signs that US/China trade relations may be starting to thaw out, President Trump pulling back on his initial commentary challenging Federal Reserve independence and more positive Alphabet earnings.
Now, looking forward to the week ahead, traders trying to work out where the index may move next face a number of scheduled economic data updates to digest and then react to, which will provide a health check on the US economy and labour market, while also showing the impact of President Trump's tariffs on US inflation.
These include,
* Tuesday 1500 BST US Consumer Confidence
* Wednesday 1330 BST US Preliminary Q1 GDP,
* Wednesday 1500 BST US PCE Index (Fed's preferred inflation gauge)
* Thursday 1500 BST ISM Manufacturing PMI Survey
* Friday 1330 BST US Non-farm Payrolls
Not only that, 4 of the Magnificent Seven companies also report earnings, with Microsoft and Meta results due after the close on Wednesday and Amazon and Apple due after the close on Thursday.
The outcome of all these events, plus trade war/tariff updates may well determine if the rally has already run its course, or has further to go.
Technical Update: Is the Break of Mid-Point (50%) Fibonacci Resistance Important?
Last week was a positive one for the US 500 index, as an 8.5% rally developed from Monday’s session low at 5095 into Friday’s high at 5530. This of course comes after what was an aggressive liquidation of assets into the April lows at 4799 (April 7th), and some may now be asking if this could be a sign of further attempts at price strength.
Much will of course depend on future market sentiment and price trends, but last week’s strength did see a closing break above the 5474 level, which is equal to the 50% Fibonacci retracement of the February to April 2025 price weakness.
This upside move may leave traders looking at the possibilities of further attempts at price strength this week and wondering where the next resistance levels may now stand.
Potential Resistance Levels:
A closing break of a 50% retracement while not a guarantee of further price strength, can suggest risks to higher levels and 5635, which is the higher 62% Fibonacci retracement could be the next resistance level to monitor.
If a further phase of price strength is to materialise, traders might now focus on closing defense of this 5635 resistance, with breaks higher possibly opening up potential tests of 5788, which marks the March 25th session high.
Potential Support Levels:
Of course, as we have said, the latest breaks of the 50% retracement resistance are not a sure sign of continued price strength. So, with that in mind, lets look at possible support levels that if broken, might point to the potential of downside pressure.
The 38.2% Fibonacci retracement of last weeks rally stands at 5364, so even if the new week starts with a price setback, this level may need to be broken on a closing basis to suggest risks of further price declines.
Such breaks lower could then point to a deeper decline and retracement towards 5313, the 50% level, even 5262, which is equal to the 62% retracement.
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Stromm | S&P 500 & NASDAQ a RESISTANCE is NearThe S&P 500 and the Nasdaq are basically moving in lockstep right now — their structures look almost identical.
Starting with the S&P 500:
We’re currently trading into a 4-hour Fair Value Gap between $5,546 and $5,634, Sitting just under a 4-hour Order Block that could trigger a short-term reaction.
At the moment, though, it doesn’t really look like we’re going to flush all the way back down toward the $5,000 level (2-hour Order Block sitting much lower).
More likely?
This 4h Order Block just gives us a brief pullback, a minor reaction — and then price pushes higher again.
This would line up perfectly with my original scenario of Wave A completing around $4,805.
Personally, I’m already positioned around $4,800, so obviously, I'd love to see that level hold and price continue moving higher — ideally heading toward $6,000.
That would be the perfect extension — but nothing is guaranteed yet.
Still, structure right now leans bullish unless we see a sudden breakdown.
Now, for the Nasdaq CME_MINI:NQ1! :
Almost the same setup —
We have a 2-hour Order Block just above the current price, acting as short-term resistance,
And another 2-hour Order Block way lower, which now seems less likely to be tested unless something drastic happens.
So for the Nasdaq, the most realistic short-term scenario:
Hit resistance at the current 2h Order Block,
Maybe a small pullback toward 18,900–19,000,
Then continuation higher toward 20,000 or even 21,000 over the next few weeks.
SPX – Triple Breakout: Inverse H&S + EMA 200 + Ichimoku CloudSPX has confirmed a powerful bullish breakout with three confluences:
1. Inverse Head & Shoulders breakout
2. 200 EMA breakout
3. Ichimoku Cloud breakout
This alignment of structure, trend, and momentum indicators suggests a potential continuation move toward 6150 in the coming weeks.
Trade View:
Entry: On breakout retest or continuation
Target: 6150
Stop Loss: Below neckline or EMA200 depending on risk tolerance
Bias: Strongly bullish
SPX: US-China tariffs talkOne of the most important weekly events was the FOMC meeting, where its members held the interest rates unchanged for one more time. Many analysts are in agreement that the Fed made the right decision, without jumping-into-conclusion regarding the potential negative effects of trade tariffs. However, this topic was addressed by the Fed Chair Powell, at his after-the-meeting address to the public, where he noted a confidence that the Fed will react immediately in case that stronger negative effects of trade tariffs reflect in the economy. Here, he noted once again the dual mandate of the Fed - to keep full unemployment and inflation at the targeted 2%. The market reacted positively to his speech, bringing the US equity markets to the higher levels. The S&P 500 gained during the week, from 5.586 to 5.713. However, Friday's trading session was with a negative sentiment, considering forthcoming US-China tariffs talk, expected to start soon.
At the same time, the US managed to settle trade tariffs at the level of 10% with the United Kingdom. Analysts are commenting that this might be a general level for the majority of other countries. However, the US President published on social networks that he hopes to settle tariffs with China at 80%, which is still too high. Considering forthcoming talks between two governments and also taking into account that China is one of the most important trading partners with the US, the market sensitivity will continue to be in an on-off mode. This means that the market volatility will most certainly continue in the coming period.
S&P500 Analysis 12-May-25 Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
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Overnight Futures Pop 2.8% on Surprise Tariff TruceYou either woke up to a panic… or to a profit.
This morning, markets are ripping higher - not because of earnings, not because of data - but because two superpowers shook hands over fondue in Switzerland.
If you're feeling blindsided, you probably chased last week’s noise.
If you're feeling calm, you’re probably following the AntiVestor way.
---
SPX Market Briefing
The headlines are loud. So let’s talk facts.
Over the weekend, the United States and China agreed to a 90-day tariff rollback:
US duties drop from 145% to 30%
China drops theirs from 125% to 10%
Both sides now pretending to like each other until mid-August
Markets reacted the only way they know how: with euphoria.
SPX futures are up 2.8%. Nasdaq is flying. The Dow surged more than 900 points premarket.
Here’s what we did:
Nothing reckless. Nothing oversized. Nothing emotional.
The system turned bearish late last week, and we followed it - small, tactical, mechanical. Not a bet. Just a position.
And here’s the kicker:
I still held a few bullish positions from the prior bias. They were so far out-of-the-money, I didn’t even bother closing them.
Guess what?
They’re in profit - and my net exposure is green despite the initial bear swing going underwater.
So while the news makes others overreact, we get to do what we always do:
Let the market come to us.
The real money isn’t made chasing this 2.8% pop.
It’s made waiting for the next confirmed setup.
...and a little good luck always helps ;)
---
Expert Insights:
Mistake: Jumping into emotional gap openings
AntiVestor Fix: Let others panic. Let your system speak.
Gap moves on news tend to retrace or fade - and even if they don't, entering late is a coin toss. Smart traders wait. Pros wait. We wait.
---
Rumour Has It…
Whispers from the Swiss hotel bar claim the entire US-China agreement was sparked when both delegates reached for the same dessert spoon. One espresso and a bottle of Pinot later, tariffs were slashed and SPX gapped 2.8%.
This is entirely made-up satire. Probably!
Breaking scoops courtesy of the Financial Nuts Newswire-because who needs sanity?
Fun Fact
According to CBOE data, Monday gap-ups following geopolitical “resolutions” average a +2.2% open… but only hold those gains 41% of the time by Friday’s close. Which means chasing the open? Not your best trade. Waiting for follow-through? That’s the edge.
Weekly SPX Has A Bottom W Pattern Prompting More Upside!Hey Traders and Followers! SPX is going up!
Sounds crazy despite the tariff news floating around but charts never lie.
Here's what we got on the weekly SPX/USD; We have a bottoming W pattern. What's that mean? We going higher people.
5690.7 is the beakline area, price above invites bulls to a party.
Target for this long is at 6198.9 area. Support sits at 5579.4 for this one.
I'm letting you know about this party so up to you if you want to have a good time. See you all there with bells on and cash for all $ for those who show up.
Best of luck in all your trades $
Cheers!