US500 (S&P): Trend in daily time framePlease pay special attention to the very accurate trends, rectangles, and colored levels.
Its a very sensitive setup, please be careful.
BEST,
MT
USSP500CFD trade ideas
US500 (S&P): Trend in 2H time frameThe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
If the S&P chart does not react to close levels, this analysis will be invalid.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
BEST,
MT
S&P 500 channelGonna use this channel to find good short entry points. The correction will be confirmed when the price breaks out of it in the downward direction.
US500 Is Bullish! Buy!
Here is our detailed technical review for US500.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 5,730.5.
Considering the today's price action, probabilities will be high to see a movement to 5,946.0.
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.
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SPX: positive but mixedThe market was highly anticipating the Fed's rate cut during their September FOMC meeting, but the 50 bps cut came as a sort of surprise. This is why the US equity markets were traded generally positive for the week, however, in a slightly mixed manner, like without a final conclusion whether the 50 bps was a good or bad move from the Fed. The S&P 500 started the week around the level of 5.610, and reached 5.727 at Thursday trading session, however, ending the week at the level of 5.702. The index posted a weekly gain of 1,36%.
The high rate cut was perceived positively by investors. They perceive that a lower interest rate environment will be supportive for businesses. Tech companies were the ones to gain, but also other industries. Analysts are now adjusting forecasts in terms of expectations that the S&P 500 companies will expand their earnings by 4,6% in the Q3.
Major Top Forming on SPXHello Everyone, a simple analysis of the RSI and current price action appear eerily similar to the 2022 peak. During the 2022 top we had financial experts and the media claiming victory stating that this bull market will continue, however we crashed soon after. Now the SPX is currently forming a topping process, this could be done or we could go a little higher before the bear market continues. It's clear that the SPX is making new highs while NDX and IWM fail to make a new high suggesting that this is the top.
If this economy is doing so good, then why does the FED need to cut interest rates? The fed is cutting interest rates because we are either in a recession or we are very close to one. There is no such thing as a soft landing. The truth is we may already be in a recession and it wouldn't be declared until we are deep into one.
If anything we are no longer going into a recession, we are going into a depression. Do not get lulled into a false sense of security like many others during the 2000 and 2008 top.
SP&500 LOOKS BEARISH TO ME Hi guys
I can see Some Sellers step in , Looks like we will have some bearish days ahead
After Target Reached i will check with new data find up next move .
Best of Luck
S&P500: Aiming at 6,000 before the elections.The S&P500 index is on a very healthy bullish technical 1D outlook (RSI = 64.688, MACD = 69.140, ADX = 44.589) which indicates that the rebound that started on the September 6th low should be extended. The volatility on the 4H RSI indicates that as long as the 4H MA200 supports, we will see a rally similar to June's and in fact we should symmetrically be on a same level as the June 14th consolidation. We are aiming for the -0.618 Fibonacci extension like June's rally (TP = 6,000) before the U.S. elections.
See how our prior idea has worked out:
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SPX 500 Unjustified Bearish moves up and exit strategy explainednot financal advice just seeing many similarities in current market structure that could warrant a 20% correction as we are going thru bearish moves up to the upside.
6 SPIRALS WEEK of 10/10 to 1017 MAJOR TURNThe chart posted is that of the SP 500 cash I have now placed the next set of gold ratio spirals ! LOOK to a Major Event and a Turn . I did want everyone to take a good look at July 11 to oct 10 2007 For a REASON best of trades WAVETIMER
S&P Rising wedge?Purely hypothetical and for academic purposes only...
Lose the rising wedge. Retest resistance. Form a double top.
The target is where the rising wedge began.
around a 25% drop from the highs.
If recession in the USA is unavoidable. This may play out.
SPX500 Potential Long!SPX500 is trading in an
Uptrend and indice is now
Making a pullback to
Retest a horizontal support
Of 5645.80 so after the retest
We will be expecting
A local bullish rebound !
Single digit correction is about to start till electionA single digit% correction is going to start from Mon or Tue till the presidential election.
S&P 500 Elliott Wave Count from October 2022The S&P 500 (SPX) may have completed or could soon complete an extended Elliott five wave pattern up from the October 2022 bottom.
Both weekly RSI and MACD have significant bearish divergences.
SP500In the 5-minute and 1-hour charts, we see a market in consolidation. This means that the previous upward movement is temporarily slowing down or pausing. When the price starts to consolidate, it is common for the market to make small corrections before continuing the main trend.
Market Insights: Why Now is the Time to Go Long on SPX500USDThe S&P 500 continues to show resilience, and my overall bias remains bullish. Several key fundamentals support this outlook:
1. Cooling inflation: Recent data suggests inflation is moderating, potentially easing pressure on the Federal Reserve.
2. Strong labor market: Unemployment remains low, supporting consumer spending and economic stability.
3. Technological advancements: Ongoing AI and tech innovations are driving productivity and growth across sectors.
4. Corporate earnings resilience: Many companies are adapting well to the current economic environment, maintaining profitability.
To capitalize on this bullish trend while managing risk, I'm utilizing probabilities in my chart analysis to identify optimal entry points for long positions.
12M:
2W:
12H:
I’d love to hear your thoughts on this trade idea! What are your views on SPX500USD? Feel free to share your insights and opinions below!
SPX500USD Is Bullish! Buy!
Please, check our technical outlook for SPX500USD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 5,711.6.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,801.4 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!
S&P500 ForecastingS&P 500 Forecasting: A Complex Task
Forecasting the S&P 500 index is a challenging endeavor due to the multitude of factors that influence its movement. These include economic indicators, corporate earnings, geopolitical events, investor sentiment, and market psychology.
Key Factors to Consider:
Economic Indicators:
GDP Growth: A strong economy generally supports stock prices.
Interest Rates: Rising interest rates can put downward pressure on stock prices, while falling rates can boost them.
Inflation: High inflation can erode corporate profits and investor confidence.
Corporate Earnings:
Profit Growth: Strong corporate earnings are often a positive sign for the stock market.
Earnings Expectations: The market's expectations for future earnings can influence stock prices.
Geopolitical Events:
Global Conflicts: Political instability or geopolitical tensions can create uncertainty and impact market sentiment.
Trade Wars: Trade disputes or tariffs can disrupt global supply chains and affect corporate profits.
Investor Sentiment:
Risk Appetite: Market sentiment can shift rapidly, influenced by factors like economic data, geopolitical events, and market psychology.
Fear and Greed Index: This indicator can provide insights into investor emotions.
Forecasting Methods:
Fundamental Analysis: This involves analyzing economic indicators, corporate earnings, and geopolitical events to assess the underlying value of the S&P 500.
Technical Analysis: This method uses historical price data and charts to identify patterns and trends that may predict future price movements.
Quantitative Analysis: This approach employs statistical models and algorithms to analyze large datasets and identify correlations between variables that may influence the S&P 500.
It's important to note that no forecasting method is foolproof. Stock markets are highly volatile, and unexpected events can significantly impact the S&P 500. A combination of fundamental, technical, and quantitative analysis can provide a more comprehensive understanding of market dynamics.
Would you like to explore any of these factors or methods in more detail? I can also provide information on specific forecasting tools or resources.
SPX- Election SurpriseIf you follow us you know that we think SPX and markets in general are heading towards a generational top
And based the last months price action we think we know almost exactly when that top will complete:
NOVEMBER 2024
Prediction: It does not matter who wins the election..the market will begin to crash
MARK OUR WORDS
More up for SPX500USDHi traders,
Last week SPX500USD made a correction down and after that it went up again.
SO next week we could see more upside for this pair.
Trade idea: Wait for a change in orderflow to bullish again to trade longs.
If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
