Correction down for SPX500USD is almost finishedHi traders,
Last week SPX500USD dropped and slowly went up again.
I think next week we could see the finish of the complex correction down (wave 4) and the last leg up to finish wave 5.
Trade idea: Wait for the complex correction down to finish and after a change in orderflow to bullish and a cor
About S&P 500 Index
Standard and Poor's 500 Index is a capitalization-weighted stock market index measuring the performance of 500 large publicly traded companies in the United States. This index covers a wide range of industries, including technology, healthcare, energy, and finance. It serves as a benchmark for the overall health of the U.S. stock market, as well as a reflection of the country's economic strength.
Substantial gains in the S&P 500 are often interpreted as positive signals for the economy, while losses can be seen as indicators of potential trouble. Investors use this index as a barometer for their own portfolios and to assess the performance of individual stocks. The S&P 500 index plays a vital role in the financial world and is closely watched by analysts and policymakers.
Substantial gains in the S&P 500 are often interpreted as positive signals for the economy, while losses can be seen as indicators of potential trouble. Investors use this index as a barometer for their own portfolios and to assess the performance of individual stocks. The S&P 500 index plays a vital role in the financial world and is closely watched by analysts and policymakers.
Can you envision S&P500 at 20k? This is why most investors fail!If you follow us through all those years then you know how fond we are of long-term patterns. Especially those of a multi-year perspective that can offer maximum reliability and as close to a flowless projection as it can get.
The current chart (1M time-frame) on the S&P500 index (SPX) is no except
Hellena | SPX500 (4H): Long to area 5915 (Wave 5).Dear colleagues, I believe that the upward movement is not over yet and the end of the movement in wave “5” is ahead.
At the moment I see the support area of 5800, from which I assume that the price will reach the area of 5915.
Then we will look for a short trade entry, but for now all my thoughts
S&P 500 Index: First Correction Since July 2023I was just looking at NVDA and the market has been bullish forever. A drop is approaching and I wondered, "Will this be a short lived correction or will it turn into a bear-market?"
Good question isn't it?
The last correction for the SPX happened between July and October 2023, after that, it has b
S&P500 Bottom expected this week.New bull phase to 6500 startingThe S&P500 index (SPX) has a red 1W candle last week, its first after 6 straight green. This was a much needed technical correction on a rally that has been holding since the August 05 low, while on the longer term it's part of a Channel Up that since last October (2023), hence a year ago, is being
S&P, Bullish Parabolic Move comingS&P, is consolidating in a tight range. I'm expecting breakout of inner rising wedge by 5th November, i.e. the Election result date. Followed by Parabolic move upwards. The top end of the channel is around levels of 7500.
Refer to my previous posts, i have posted bullish view of equities and precio
how I find support and resistance of a trendTo understand Price Action, first thing we do is to look for (S) and (R) to help us read strength&weakness of price.
This video will explain how I find Support and Resistance of a trend.
I will provide example of what your chart will looks like throughout trading hours.
how to know which candle to
S&P500 Screaming Caution!Bearish Rising Wedge building pressure at the bottom of the structure. BAD JUJU!!
Bulls don't be a "dick for a tik"
CAUTION!
Wave 4 nearing the end 5703 to 5696 wave 5 5935 plusThe chart posted is the cash sp 500 .I sold longs the other day small gain then moved to a 90 to 100 long puts in the money and sold for a nice gain at 4;15 pm as the min abc down was formed . since then we broke hard the timing from july 16 called for a top and drop . so now what is that
SP500 Double gap analysis ideaWe can see that there are 2 gaps in the SP500, both are at similar distances, which one will close first?
Always do your own research
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current value of S&P 500 Index is 5,712.68 USD — it has fallen by −0.28% in the past 24 hours. Track the index more closely on the S&P 500 Index chart.
S&P 500 Index reached its highest quote on Oct 17, 2024 — 5,878.46 USD. See more data on the S&P 500 Index chart.
The lowest ever quote of S&P 500 Index is 2.73 USD. It was reached on Jun 1, 1877. See more data on the S&P 500 Index chart.
S&P 500 Index value has decreased by −2.08% in the past week, since last month it has shown a −0.43% decrease, and over the year it's increased by 31.80%. Keep track of all changes on the S&P 500 Index chart.
The top companies of S&P 500 Index are NASDAQ:AAPL, NASDAQ:NVDA, and NASDAQ:MSFT — they can boast market cap of 3.38 T USD, 3.34 T USD, and 3.04 T USD accordingly.
The highest-priced instruments on S&P 500 Index are NYSE:NVR, NASDAQ:BKNG, and NYSE:AZO — they'll cost you 9,258.34 USD, 4,776.46 USD, and 3,046.35 USD accordingly.
The champion of S&P 500 Index is NYSE:VST — it's gained 232.01% over the year.
The weakest component of S&P 500 Index is NASDAQ:WBA — it's lost −57.26% over the year.
S&P 500 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy S&P 500 Index futures or funds or invest in its components.
The S&P 500 Index is comprised of 503 instruments including NASDAQ:AAPL, NASDAQ:NVDA, NASDAQ:MSFT and others. See the full list of S&P 500 Index components to find more opportunities.