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Sandp500short

S&P500 - 1 Day Chart - Short Price Target of $2,880S&P500 1 Day Chart: Short Price Target V Calculation Negative V = B - (C-B) = D C $4,102 - B $3,491 = $611 B $3,491 - (C-B) $611 = $2,880 Price Target Ichimoku Timespan: A to B = 41-Bars (42-1) B to C = 34-Bars (33+1) C to D = 75-Bars (76-1) (41+34=75) Wednesday 22nd March 2023 Notes: The Ichimoku Conversion Line (Tenkan Sen) looks like it is about to cross back under the Ichimoku Base Line (Kijun Sen) on this 1 day timeframe. The Ichimoku Lagging Span (Chikou Span) looks like it is about to drop under the price from 26 Periods ago. Note that the Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) support is very thin where the S&P500 Price is located at the moment. We have a Double Top at the 50% Fib Level $4,102 which is located around C of our Ichimoku V Calculation. The S&P500 Price is under its Bollinger Bands Basis 20 Period SMA and we have expansion of the Upper and Lower Bands and this is for negative momentum. The S&P500 Price is also under its Volume Profile Visible Range Point of Control (VPVR POC) for this charts Visible Range. Looking at the Moving Average Convergence Divergence (MACD) indicator, Momentum is downwards and we can see that the MACD Line is still under its Signal Line and is getting very close to the 0.0 Base Line. From my opinion, analysing all the above indicators it's looking very likely that we will see the Price Target of $2,880. This will also be fully confirmed when/if the Leading Span A (Senkou Span A) crosses back under the Leading Span B (Senkou Span B) creating a Kumo Twist into a Bearish Red Cloud on this 1 day timeframe. I hope this is helpful.
SP:SPXShort
by TradingThroughTheLens
2
Feb 24, 22 S&P 500 - 140 pt Take ProfitCrazy world we live in - who would think in 2022 that a country would actually invade another country forcefully. With that going on, the index crashed obviously, actually all of them did. I put my order in a few days ago hoping price would get down to 4200. I put my TP there but price action almost hit 4100. I'm not complaining though - from 4340 to 4200 is still a decent profit. Once Biden made an address a few hours ago, price action reversed and started to come up. I decided to stay out of the market just in case price action went wonky. I will re-asses the markets and keep you all updated tomorrow. From my and my family to all the families that are hurting over in Ukraine/Russia, we wish you all the best to stay safe and we pray for a speedy end to this invasion. HEIKO
FOREXCOM:SPX500Short
by HEIKOTradingSystem
2
Feb 21, 2022 S&P500 Sell-The Big One?Could this be it? The BIG one we have all been waiting for? At least I have been waiting for it. Has ALL the forces come together in the perfect storm to have the S&P drop 30% or 40%?? I know it's going to happen, just don't know when. But so far my Sell order is doing well. Next up is 4200 level - this is a good psycholgical level and will be a decent support level - if however price action smashes through this level and keeps on going down, who knows when it's going to stop. Every 100 points will be a bit of a support level and of course 4000 even will be a major support. Anyway, my plan is to put in another Sell Order at around 4180 if price action crashes through the 4200 level. I will keep you posted. Stay safe. HEIKO
FOREXCOM:SPX500Short
by HEIKOTradingSystem
Feb 20, 2022 S&P500 Sell Order I don't know what's going to happen this week in Europe, but I know one thing - tensions are high!! When tensions are high, investors get spooked. When investors get spooked, they get out of the S and P and put their money into Gold. Right now Gold is up and the S and P is down. I got into a Sell Order at 4340 and we shall see what happens this week. I think it could test 4300 for sure, but I'm moreso thinking 4200. Next month I'm looking at below 4000 once the Fed decides if they will boost rates up a quarter point as everyone is expecting....or half a point which is when the S and P should fall nicely :-) I will keep you updated as the week progresses. HEIKO
FOREXCOM:SPX500Short
by HEIKOTradingSystem
2
Angle of the January-April Bull Rally Is One of Many Red FlagsSPX has trended at a 57 degree angle since the 2008 financial crisis. While trend line theory suggests any stock above a 45 degree angle is troublesome, perhaps the SPX is an exception. However, the current trend we are witnessing is at a 67 degree angle, suggesting a significant pullback is warranted. Take this with the global fundamentals (slowing Europe, slowing China) and oscillators which indicate overbought, SPX is probably in for a bit of a healthy pullback.
SP:SPXShort
by WhiskeyTangoFoxtrot3
2