Get started

S&P 500 E-Mini Futures

S&P500 Ultimate 20-year cheat-sheet! See when to sell!The S&P500 index (SPX) is having another very strong bullish month, following the red 1M candle of April, which was the first after 5 straight months of profit. Many might be wondering why a deeper correction didn't come at this stage and the answer is simply that it's not yet the time for it. We present to you today what we call the "Ultimate stock market cheat sheet" which is simply an observation of the market's Cycles of roughly the past 20 years. As you can see, since the 2007/08 Housing Crisis, there is a very consistent pattern and the Sine Waves display perfectly that frequency. More specifically, we can see that a rough frequency when the S&P500 tops is 3.5 years. Every 42 months (3.5 years) the index either hits a High or already has and is on a minor decline before a stronger correction comes, which is always within the technical standards of pull-backs within a greater Bull Cycle expansion. Roughly also, the sell signal is given after the 1M RSI breaks below its MA trend-line having previously been on overbought territory (above 70.00). As a result, the market still has another full year until a sell signal emerges (July 2025). Of course it is advisable to be off stocks before that date just to be on the safe side but the important conclusion of this finding is that investors can continue feel safe buying for several more months. What's your take on this? Do you still feel safe buying? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:SPXLong
by TradingShot
6
SP500. Weekly trading levels 13 - 17.05.2024SP500 is again almost at a historical high, with one zone to go ahead. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!
OANDA:SPX500USD
by Forex_Hoby
S&P500: Breather 😮‍💨The momentum in the S&P500 chart slowed down yesterday. With a view to the upper price target, however, there should still be room for further expansion in the current phase of the turquoise wave 5. Once the high has been placed, a larger corrective movement is on the cards. Please note our alternative scenario (38% probable). This option suggests the possibility of an already intact wave-2 sell-off. This scenario will be activated if the price falls below the support level of 4964 points.
CME_MINI:ES1!Long
by MarketIntel
S&P500 - Bullish opportunites ahead! - Long in flight Last weeks levels provided to be partly actionable and price has immediately responded (See attached post). Comfortable holding this 50% long position with stop/target untouched. Will be looking for opportunities to buy the other 50% and increase risk as I'm confident in the bullish sentiment after last weeks Feds statement. I hold an underlying belief that the FED does actually have a decent pulse on the economy that drives the stock market - obviously not the "real" economy but an important one no less. I'm personally very bullish 2024 on nearly all assets. So lets unpack the chart - Daily chat shows a "comfortable" pullback. One very similar to Nov. 2024. Evidence on the RSI suggests we are positioned for months of bullish room to run ahead. So I'm interested in getting long at least back to comfortable new highs. 2 hour chart shows our first aggressive entry hit and the second entry came within .30% of getting filled. Although I would have loved the second to get filled, It's a non-factor. Thankfully price has strongly verified our bullish identification of these price levels and the overall theory. Although the stop of the aggressive was close to the conservative entry - it was separated by several key levels and strategically placed. I've got a good idea of where things are going and the opportunities on the way are endless. The rest is risk management Follow/like for more AMEX:SPY NYSE:ES GETTEX:MES #S&P500 Commentary Best, GrayTrader
CME_MINI:MESM2024Long
by GrayTrader01
S&P500: Bullish trend confirmed.S&P500 has turned bullish on the 1D timeframe (RSI = 58.980, MACD = 2.870, ADX = 28.757) as today it is trading and will most likely close over the 1D MA50 for the third day in a row. Having crossed over the LH, the index has invalidated the bearish sentiment of April and a new Channel up is emerging. If it capitalizes on the 1D MACD Bullish Cross, we expect the 1D MA50 to hold from now on as the medium term Support, just like the 1D MA100 held on the April 19th bottom. Buy and target the R1 level on the short term (TP = 5,275). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
S&P500 above the 1D MA50 after 3 weeks.S&P500 (SPX) is already going even better than our bottom buy signal last week (May 02, see chart below), having topped the 4H Channel Up, considerably above the 4H MA200: The index closed yesterday above the 1D MA50 (blue trend-line) for the first time since April 11. Last time it did this was on November 03 2023 and after 5 days of consolidation, it broke the previous Lower High and resumed the long-term bullish trend by forming a Channel Up. It's first Higher High target was within the 2.236 - 2.0 Fibonacci extension Zone, so once it breaks the April's High, we will add more buys, targeting 5650 (Fib 2.0). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500Long
by TradingShot
1
Trends in upward movement facing some exhaustionTrends are mostly in an upward movement stage, looking to remove the violation left of the 12hr / Daily lower high trend indicators. Trends into today are; Last Macro Trend Signal Spots (ES Contract) 30m - 5086 Uptrend (5/2/2024) Higher High 1Hr - 5117 Uptrend (5/1/2024) Higher High 2Hr - 5117 Uptrend (5/1/2024) Lower High 3Hr - 5157 Uptrend (5/3/2024) Higher High 4Hr - 5148 Uptrend (5/3/2024) Higher High 6Hr - 5148 Uptrend (5/3/2024) Higher High 12Hr - 5204 Downtrend (4/4/2024) Higher Low Daily - 5166 Downtrend (4/12/2023) Higher Low Weekly - 4769 Uptrend (12/11/2023) Higher High Monthly - 5304 Uptrend (03/31/2024) Higher High As explained in the video, everything is in a higher high between 30m-6hr except the 2hr, which was part of the Powell Pump reversal. As I explained my trades over last week were a 70 point gain into the Powell Pump, a 70 point reversal after the Powell Pump, and a Long position from 5080 which I cashed out today as we pushed above the Daily downtrend resistance of 5170 for just over $4000. Additionally those Soybean Meal contracts I acquired around 335 were both cashed at around 372 for about $3700 each (I had 2). I don't say this to brag, but moreso to explain why I am not hungry for another trade, as I'm already financially set for the month of May at just under $20,000. This will be why I may seem overly picky about my trades and what may be a good position I may wait if it doesn't look like a borderline perfect trade. Economic Calendar is very light this week, just jobs data on Thursday. Earnings calendar is mostly important to watch tomorrow, especially around Disney from my perspective. Geopolitical tensions could hit a new tension point as Israeli troops move into Rafah. Overall, my general sentiment on the short term, and probably most of this week, is sideways at the moment. Safe trading, and remember your risk management.
CME_MINI:ES1!
by SemperTrader
PacMan Trend Symbol; Guidance into PCE and Next WeekThe video explains it all a lot better, but basically, we are sitting with higher highs and lower lows on the trend timeframes that brought us here (30m-4hr), otherwise known as the Pac-Man symbol. Trends into today are; Last Macro Trend Signal Spots (ES Contract) 30m - 5083 Uptrend (4/25/2024) Higher High 1Hr - 5083 Uptrend (4/25/2024) Higher High 2Hr - 5131 Uptrend (4/25/2024) Higher High 3Hr - 5123 Uptrend (4/25/2024) Higher High 4Hr - 5131 Uptrend (4/25/2024) Higher High 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5204 Downtrend (4/4/2024) Higher Low Daily - 5166 Downtrend (4/12/2023) Higher Low Weekly - 4769 Uptrend (12/11/2023) Higher High Monthly - 5304 Uptrend (03/31/2024) Higher High If we move directly higher from here, the 6hr is going to be a lower high, but it will be the lone trend calling for a lower movement, as when the 12hr and Daily strike, we will have a higher high. I did not account for us to drop so harshly from GDP data yesterday, and certainly didn't expect that drop to fizzle out and us to push higher over after this occurred. This is why I almost never short into Earnings season. Economic Calendar; PCE Data is today. I foresee it pushing us lower, but not with enough confidence to blindly trade short into it. Major next issue is the Fed Meeting on Wednesday of next week. Overall, likely just missed opportunity from not going short at the close of Wednesday and catching most of the move back down yesterday, although I likely would have let at least half the profit reverse before I jumped out anyways. I expect I'm going to miss out on a drop today, but without trend confirmation I just don't feel strongly enough about shorting into this PCE data at this point. I made some good trades earlier, so I'm fine with it, and I still have Gold Long from 2305 and my Soy contracts are FINALLY starting to generate some revenue at around $1500 each. Safe trading, and remember your risk management.
CME_MINI:ES1!
by SemperTrader
S&P500 4H Channel Up aiming higher.This is a short-term outlook on the S&P500 (SPX) following yesterday's Fed Rate Decision. The short-term pattern on the 4H time-frame is a Channel Up and is giving us some important developments. Even though yesterday's attempt to stay above the 4H MA50 (blue trend-line) failed, the index managed to stay on the Channel Up bottom (Higher Lows trend-line) and is since rising steadily on green 4H candles, attempting to form a bottom (Higher Low). A closing above the 4H MA50 can be the bullish confirmation this pattern needs but outside of it, we see the Ichimoku Cloud turning green again for the first time since April 09. If the 4H MACD completes the emerging Bullish Cross, we will have a strong bullish mix in our hands and most likely the Channel Up will go first for a 4H MA200 (orange trend-line) test, since last time it was rejected on the 1D MA50 (red trend-line) and eventually complete a +4.00% Bullish Leg (like the previous one) at 5200. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500Long
by TradingShot
SPY gave us a solid sell. Is it still bearish?Last time we looked at SPY (April 11, see chart below), we got what we wanted, a break below the 1D MA50 (blue trend-line) that met our exact bearish expectation which was a -5.93% decline, absolutely symmetrical with August 18 2023: As the subsequent rebound got rejected on the 1D MA50 (blue trend-line on the chart above), the question is the following: Is SPY still bearish? Technically, yes as long as it closes weekly (1W) candles below the 1D MA50. But at the same time, being supported on the 1D MA100 (green trend-line on the chart above), keeps short term neutral/ ranged thus the expectations for a bullish break-out live. But it has to close above the 1D MA50 to confirm that. As you can see, a comparison with recovery patterns following systemic Cycle corrections like the one in 2022, offers valuable conclusions. Basically, since the 2009 bottom of the U.S. Housing Crisis, the three major corrections of the current Cycle, have followed similar patterns (2011 - 2013, 2015 - 2017 and 2022 - 2024). The key common characteristic is that the 1W MA50 (red trend-line) has been the major Support. After two pull-backs that hit the 1W MA50 straight after the correction's bottom, both the 2011 - 2013 and 2015 - 2017 fractals made a smaller pull-back (green Rectangle) that hit the 1D MA100. It appears that this is where the index is currently at. If this correlation continues to hold and the index won't dive further to the 1W MA50, it might hit the 2.0 Fibonacci extension as its first Target, which is what the other two fractals aimed at. That is at 555.00. Notice also the similarities between the 1W RSI patterns. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
AMEX:SPY
by TradingShot
1
S&P500 (ES1!, SPX500, SP500) From Bullish to BEARISH1. Price swept a lot of low resistance lows with this bearish impulse, and created a new Swing Low. This is the External move. 2. Price retraced to the -FVG, a premium PD Array. This is an Internal Range Liquidity move. Expecting price to wick up past the PDH, but close inside the -FVG, and potentially end the retracement. Bearish PA should follow. Price is in premium prices now, as it crossed the Equilibrium of the trading range. Buys are not recommended until the price action shows a significant +BOS with a strong bullish close. LIKE, COMMENT or SUBSCRIBE if you like and want to see more analysis. Thank you for viewing!
CME_MINI:ES1!Short
by RT_Money
ES (S&P500)... Expecting a short term BULLISH Move!Bearish, but expecting a short term bullish move. Price has reached the 4th standard deviation, swept the LRLR, then mitigated the +OB. The expectation now is an External -> Internal LQ move. Wait/watch for signs of reversal from the current poi. I enjoy any feedback or questions in the comment section. All opinions are welcome! LIKE or BOOST this post, if you would. I would be appreciate it. SUBSCRIBE if you want to catch all of my future postings!
CME_MINI:ES1!Long
by RT_Money
1
S&P500 Quick buy trade.The S&P500 is approaching the 1D MA50 (red trend-line) to test it as a Resistance for the first time after the April 15 bearish break-out. It has already broken above the Bearish Megaphone, the 4H RSI has formed a Channel Up similar to the price action's and so far this sequence of events is fairly identical to the previous correction of August 2023. That sequence almost touched the 0.786 Fibonacci retracement level before pulling back again, so we have ourselves a solid short-term bullish target. In fact we are placing ours a little lower at 5150, which represents a +4.70% rise from the bottom as that is not only the % rise that the August 2023 rebound returned but will also make contact with the 4H MA200 (orange trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500Long
by TradingShot
1
Trends in conflict; Earnings Likely to cause a short reboundSo again, I cashed out my trade just above 5000 as we fell last night following the Israel drone strike against Iran. Most of that dip appears to have resolved itself, at least for the moment, but those geopolitical issues will likely be crucial to the potential of a market fall in the coming days. I go into it in the video, but major Earnings are next week, and I expect the week to be typical which means we will rebound during the Earnings season, especially next week with major powerhouses reporting (Microsoft, Google, Tesla). If NVidia was reporting I'd suggest we could rise back up towards 5300, but they are not until the end of May. Trends into today are; Last Macro Trend Signal Spots (ES Contract) 30m - 5040 Downtrend (4/18/2024) Lower High 1Hr - 5220 Downtrend (4/12/2024) Lower Low 2Hr - 5203 Downtrend (4/12/2024) Lower Low 3Hr - 5197 Downtrend (4/4/2024) Lower Low 4Hr - 5197 Downtrend (4/4/2024) Lower Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5204 Downtrend (4/4/2024) Higher Low Daily - 5166 Downtrend (4/12/2023) Higher Low Weekly - 4769 Uptrend (12/11/2023) Higher High Monthly - 5304 Uptrend (03/31/2024) Higher High This shows lots of downward pressure, although several of the trends are a bit oversold as the 30m has managed to run away with the market. Economic Calendar; Nothing important today or the start of next week. GDP is next Thursday though and CPE is Friday. If I was to express some sentiment it would be Shorter Term - Neutral/Bearish Short Term - Neutral Medium Term - Neutral/Bullish Long Term - Neutral Longer Term - Bullish ... if the above makes any sense! Oh, and yes, I still have those Soy contracts. They are worth a whopping $1200 after all this time. I may trade them in for some 6E contracts if I see that look like it could run back up to 1.10 any time soon. Safe trading, and remember your risk management! Safe trading, and remember your risk management!
CME_MINI:ES1!Long
by SemperTrader
2
Bouhmidi-Bands and Overnight Session - Name of the Game The overnight range was the name of the game today. As mentioned earlier, we were looking for a potential break in either direction. After establishing the initial balance, we saw a test of the overnight session low (5019), which was successfully defended. Subsequently, buyers entered the market, leading to a push higher in $ES. This move broke the high of the overnight session (5036), confirming bullish momentum and surpassing the previous day high (5058) & upper #BouhmidiBand, reaching a peak at 1.3s BB (5074). In the last 1.5 hours, NYSE:ES retraced back within the Bouhmidi-Bands.
CME_MINI:ES1!Long
by SalahBouhmidi
2
S&P500: 1D MA100 hit. Short term rebound at least to be expectedS&P500 is bearish on its 1D technical outlook (RSI = 37.601, MACD = -44.800, ADX = 58.528) as it touched the 1D MA100 on Friday after more than 5 months. This calls for a short term rebound at least as every previous corrective wave inside the multi month Channel Up that approached the 1D MA100, it rebounded to at least the 0.618 Fibonacci level. Following our last short call, we are now turning long again (TP = 5,115). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
1