Long on US500 on 15...Go long on us500, around area of value, possible retest.. stop loss and take profit around zones shown by trade tool...
Sandp500
SPX Long TargetDYOR
Bull Case:
MACD : Bullish
Crossover
PRICE: Close above resistance level?
Volume keeps price moving up
Long target 4895
Thanks!!
S&P500
short for s & p in resistan zone
In :4559.9
SL:4584.2
TP:4498.1
after price down to 4525 get risk free .
(( always use STOP LOSS my friends ))
Seriously overbought. SnP 500. How long can it last? Take 2Long held trends tend to hold-up, well... long. I've labeled the chart with 2 of what I think are the most plausible EW count scenarios. It does allow to see where the risk and acceleration levels likely are. Only time will tell if the top is in, or if we are going still higher yet.
SPX/ S&P ShortMy idea, not an advice
S&P facing a downward trend, for a potential support after the recent all time high, before possibly making another all time high or a potential 'stock market crash' with all that high inflation data from the recent US CPI.
SPX 500 Retrace This is an idea not an advice
Likely retracement towards the 0.38 region, realistically most likely before having to make another ATH.
US500: Back to the basics ?Investors have always regarded the US500 as some sort of safe haven, with a common consensus that the S&P500 never fails to meat their profit expectations by breaking the records each month. However, this index has been suffering now for many weeks making many dips with lower rejections on the non horizontal resistance. For instance, technical analysis now can says a lot:
1- One final rejection: Price has been testing the upper trendline and if the last high is broken, then the US500 will be back to its basics making the buyers winning the bargain.
2- An Inverse Head n Shoulder: Clearly on the chart, the left part is lower than the right shoulder, meaning that price failed to break lower levels.
Will it go as expected ? Or is it willing to go for a soaring session ?
Time will tell...
~ Cyril
SPY wedge and channel.I think the chart speaks for itself. A break lower out of the channel is problematic, especially below 428. A break above this wedge in the channel, is a bullish scenario in my opinion.
s&P. simple setups that work.If you can see this happening in real time, which comes with practice, but it does come, you can bag predictable market behavior like this. Believe it.
SPY (S&P500) - Resistance, Support, and Trend - 09/05/2021The S&P500 (SPY) has been uptrending in price, on daily and weekly charts (2021).
Current price is testing the upper Trendline Resistance line.
Bullish scenario:
-SPY price breaks up above trendline resistance to test new all-time-highs.
-Resistance price targets: $453.38, $457.40, $463.83.
Bearish scenario:
-SPY price pulls back down to horizontal or trendline support price levels.
-Support price targets: $447, $440.39, $436.37.
Note: Any price close above $436.37 price level would still be a higher-low, on a weekly chart, for the S&P500 (SPY).
This one is ready to rally! Oh wait a sec...Looks like it's building steam for a breakout, no? Well, sorry to tell you but this is the S&P 500 upside down.
[-40%] S&P 500 SHORTSell when people are euphoric, bought when there is blood on the street.
Analysis :
- Bearish divergence
- Bullish channel - if we break the bottom, confirmation of the bear trend -
- RSI -> overbought
- Top of the yellow canal has been broken - the last time it was before the crisis of 2000 -
S&P500 signaling a drop? - more information showing throughI have been continue to monitor this chart for several months and called a SEP/OCT break up or down. It has broken down officially. This is where things get interesting. I will be waiting for next weeks open to confirm a continuation of the move before I am 100% sure. But this isn't looking good for the large cap companies.
S & P Reached 10 - year resistanceThis line of resitance has held up for 10 years. I wouldnt expect to see it be broken now. Given all that is going on in the world along with the Evergrande situation.... I think it's safe to say we've reached the top.
S&P500 | SPX - Further Downside?I see the correction that is happening, to me price has just not settled deep enough.
We will see what is happening.
I have a demo/paper trade showing, illustration purposes.
Manage risk and read the charts.
Repeat of 2018 Crash?Things are looking very similar to how they did in October 2018.
> In 2018 FAAMG fell by 25%.
> If we correct 25% like we did in 2018, it would take us to the lower support of this ascending channel.
> A 25% correction would also take us perfectly to the 100-week MA.
> Bearish divergences are shaping up in similar ways as well.
It's interesting to note the similarities, but of course there is no guarantee we see a fall of 25%.
S&P !!!Nice third wave extension, Looks like an ending diagonal expecting a breakout on the lower trend line with a bigger correction, massive bearish divergence.
s&p. fed announcement at 2 eastern. should get some movement on the fed announcement. My guess would be the reaction is downward, but I'm not going to be trading it so I don't really have any right to host an opinion.
s&p. forty-five minutes after open.strong rally to open. waiting for selling to resume. maybe it doesn't. this correction has been a long time coming. I would be surprised if bulls hold on.
