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Snp500

SPY very bullish on low volumeIt is as clear as daylight, that the SPY is very bullish. The weekly chart closed the week at the very top of the candle, and more importantly above the 55EMA (about the same as the 200 daily SMA), clocking in a new recent higher high. Technical indicators appear to be supportive with MACD crossing over into bull territory. The daily chart shows the mid- to late-week breakout and also Friday's decoupling of the meeting lines candlestick formation with a bullish almost marubozu type of candlestick; almost as if this is a new uptick trend. The RPM is crossing over as the MACD pushes further up. Clearly bullish... at least for now. 417.62 now becomes a critical support.
AMEX:SPY
by Auguraltrader
Think like a PRO and trade at ANY markets🔥Hi friends! Do you want to know what zones I marked on the chart? Put 🚀 and read to the end. In this educational idea I will explain a few traders secrets that will help you stay profitable in any market for the long term. Take Bitcoin as an example and you'll be surprised how often the same mistake is repeated by beginners and understand how professional traders take advantage of it. 📊 But first, let's find out why the psychology of the crowd drives the market Fortunately for professional traders, human psychology has not changed in centuries. Bubbles in financial markets now appear just as they did before the Great Depression🔻in the early 20th century, when stocks rose by hundreds of percent in a month, and just as they did during the Tulip Fever🌷in the 17th century, when the price of tulips really soared to the moon due to the huge demand for the flower. 🚩 This shows the similarity in the thoughts of people in the 17th, 20th, 21st centuries. It is these faults in human psychology that allow the patterns in trading to work and professional traders to be profitable over the long term. Just don't tell anyone about it!) 📊 Why do people tend to panic during a fall and get greedy during a rise? The fact is that our brain tends to paint wishful thinking in our imagination. When a cryptocurrency is rising, the imagination thinks that the price will rise forever, and you get excited just thinking about the possible earning. And the happiness hormones just keep surging. The opposite is the situation with the fall. When markets fall, our brain tries to protect us from more losses and forces us to sell cryptocurrency. 📊 What help the big players to control the psychology of the crowd? Of course, it's the media. Remember when news of the US recession was at its peak and it seemed like a crisis was imminent. Just at the bottom of the market, when Bitcoin fell to $17k and the SnP500 to $361. I may surprise you, but in 2018, 2020 people had identical thoughts and all thought Bitcoin would fall to $1000. The crypto market can fall lower to 10-12k of course, but just interesting to know did any of my subscribers buy cryptocurrency back then or at 17-19k❓Write in the comments./b] 📊 What are the areas on the chart? I marked 2 areas: 🔥The 1st area (white) is the areawhere the majority of traders, especially newbies, want to buy cryptocurrency. I call this " Bitcoin will rise to 1 million" zone. 🔥The 2nd area (green) is the area where most traders sell the cryptocurrency they bought at a higher price. Most importantly, it is where most traders believe that the fall will continue even lower and do not buy, expecting a fall. I call this "Bitcoin will fall to zero" zone. ✅How can you use the psychology of the crowd to your advantage? I can tell you from my own example that a clear strategy and working with indicators helps me. For example DOM and Footprint, where I can see huge whale orders and open a trade in the same direction as a big player. A large order is a clear signal✅, not a psychological speculation because of the news. A few days ago I showed in one of my ideas how Bitcoin rebounded from a large whale order. Bitcoin then grow by 4-5% in just a few hours. I also use trading systems such as Greenwich or Pump Tracker to identify Bitcoin and altcoins bottoms and ATH. You can see ideas about them on TradingView and their live results✅ It may surprise you! 🏁Summary. This knowledges are usefull for any market: crypto, stocks, ForEx, bonds etc. Human psychology and thinking are the same, but each market has its own specifics. Perhaps I will talk about this in the next educational ideas. Friends, was the idea useful to you? Have you noticed such psychological zones? Do you agree with this idea or do you think Bitcoin will fall below $17k? Write in the comments. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
15
S&P 500: High volumes in Asia and new tops of growth to 4350. spx 500 Index Analyst on 8/10/22 Today we're here to talk about the SPX 500 Index What's on the market now: Today the index is trading at 4198. And we saw a sharp increase in the index, after yesterday's short and short correction. The market still has the possibility of the index moving towards the level of 4280. But due to the large number of trading volumes in Asia, I change my views on the market and expect the index to peak at the level of 4350. What I'm looking forward to today: I maintain my positive view on the growth of the index, due to the large volumes in Asia, there is a possibility of the index rising to 4350. Today I am changing my trading recommendations again for today 10/08/22. What I recommend: If you want to go short: Short positions are prohibited. However, a good opportunity would be to go short in the 4280-4350 area. If you want to buy: Buying on the market is prohibited, the market may begin a correction caused by profit taking. If you want to buy the index, then it is better to do it from the level of 4110, but limit your losses. If you are not in the market: If you want to buy, it is better to place your buys at the 4110 level, but limit your losses. Short positions are possible from the level of 4350. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index. See you next time! Goodbye!
SP:SPXLong
by kvatoo_FX
1
How Yesterday's CPI will Impact Stocks and the FedStocks got a pump from CPI data yesterday. The figure came in at 8.5%, one of the highest in history, however the estimate was 8.7%, so it technically fell short of expectations, even though this figure is still well higher than normal. After this reading, the implied probability of a Fed hike of 75bps fell 30%, which gave the markets a green light to rally. Stocks broke above highs at 4188, and are holding in the 4200's, currently testing our level at 4228. The Kovach OBV has leveled off but is still strong. If we retrace, we should have support at our former high of 4188, but if we retrace the range, then 4122 will provide further support. If the rally can continue, then 4172 is the next target.
FX:SPX500Long
by quantguy
SnP500 still has plenty of room to fall. SPXWe are definitely in the middle of a correction on this one and too little time and too little ground had been lost to say that SPX has reached bottom. There is still more to go, and Elliott is showing us exactly that without the need to perform security analysis. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
SP:SPXShort
by Rykin_Capital
2
Bull Wedge In Stocks?Stocks are tending toward the upper bound of the value area, forming what appears to be a bull wedge. We have been flirting with higher levels in the 4000's established from a value area formed back in June. We seem to have a hard upper bound at 4178, but the Kovach OBV is still strong, suggesting that we have a bull divergence. If we break out, then 4188 will provide resistance. If we can break through that, then 4214 is the next target. We should have support from 4122, then there is a vacuum zone to 4068. If that does not hold, we should have strong support at 4009.
FX:SPX500Long
by quantguy
2
SXP500 Index: Waiting for the peak at 4280 spx 500 Index Analyst on 08/05/22 Today we are here to talk about the SPX 500 index What's on the market now: Today the index is trading at 4151. And in the last trading week, we saw a sharp upward movement to our target zone of 4125. This is where a small correction caused by profit taking began.. Now the market is developing a steady movement, I expect that its local top will be around 4250 - 4280, however, if there is a sharp increase, the market will reach its maximum peak at the price of 4350. But today, the price of 4250 - 4280 seems to me the most likely. What I'm looking forward to today: There is a positive mood on the market and there is still a positive background for growth. I expect the market to continue its upward movement to the level of 4250 - 4280. My trading recommendations for the index as of 08-05-22. What I recommend: If you want to go short: Short positions are prohibited. However, a good opportunity would be to open short in the area of 4250 - 4280. If you want to buy: You can buy in the market, but limit your losses. However, a good buy price would be 4050. The market may begin a correction caused by profit taking. If you are not in the market: If you want to buy an index, then you can do it at the market, but limit your losses. Short positions are possible from the level of 4250. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index. See you next time! Goodbye!
SP:SPXLong
by kvatoo_FX
4
Recession, inflation..S&P 500 and BTC will fall in 2 weeks❓Hi friends! In this idea i`ll show you only the facts about S&P 500 and current economy situation according to companies reports for Q2. As you all know BTC copy stock market movements so if it will fall, crypto will fall as well. 📊 Let`s begin from the idea i made for you 2 weeks ago. The HUGE amount of traders was expect the fall to $320-350 levels. As you can see the price stopped close to the support#1 area and break the falling wedge. The S&P 500 exactly copies our scenario and already reach $413. If you had used this scenario two weeks ago, you would have gotten: 1️⃣ an average annual return of +13% for the S&P 500 in 2 weeks 2️⃣ bought the S&P 500 index at a discounted price of 2021 and could have continued to keep it on your balance, if you use conservative ways of trading or investing 📊 So why the "recession" didn't affect the price of S&P 500? The classic term recession means a drop in economic performance for more than two consecutive quarters, which is exactly happen this time. But, let's look at company Q2 reports, because if the economy is in a recession, then the reports must be terrible: 🔥avarage earnings growth +8.8% vs. 4.1% expected 🔥avarage earnings growth of +14.9% vs. 10.1% expected 🔥+500,000 additional jobs Additionally: 🔥 USA begin largest energy partner of EU 🔥 oil prices fall for 28% from $128 to $87 per last 6 weeks 🚩 And the last , there have been many such recessions over the past 30 years but in 52% of cases the market has continued to grow. Just the facts. So is it recession or not? 📊 Also you can check this idea for BTC and S&P 500. Of course the price can make a pullback from $420 key level but with a 95% probability will continue its growth. 📊 Will BTC reach the 10-12k in this cycle? A lot of people expect the fall of BTC to $10-12k as it was to S&P 500 and $320-350 area but as you see this wasn`t happen. Only if BTC will grow to 30k and a lot of traders open their long traders with huge leverages than trap might happen. Or something like war between China and Taiwan could affect the dump. But BTC price it will be the last what you will think about in this case. 🚩In any other case, BTC will rise or consolidate, as it always was at the beginning of the bull market. ✅We only have to take advantage of the opportunities the cryptocurrency market provides. I use DOM and Footprint to trade, which helps me identify the orders of the big players and open trades with them. In my opinion, these are the most undervalued tools in trading. 🔥 Friends, write your thoughts about S&P 500 and BTC in the comment. Do you agree with me or you have smth to add? 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
AMEX:SPY
by Yuriy_Bishko
1
The S&P 500 Edges HigherThe S&P 500 has broken higher, barely edging past 4144, our previous high. We are curently just below the next level at 4178. We are starting to run into resistance here from previous highs in mid June, confirmed by red triangles on the KRI. If we can break out further, we must get past 4188 before we can consider the next level at 4214. The breakout looks labored and the KRI is relatively flat, so there is a high probability of a retracement, unless we see strong momentum at open. If so, watch for 4068 to provide support, but beware of the vacuum zone below to 4009.
FX:SPX500Short
by quantguy
Sideways Correction in StocksThe S&P 500 has retraced slightly from highs at 4144, testing support at 4068, as we anticipated yesterday. We are seeing good support from 4068. We appear to be forming a sideways corrective pattern, a technical corrective phase after a rally from the 3K's brought us back to highs not seen since June. It is likely we will hold this range until stocks can muster another breakout. If that is the case then we must break through 4144 before we can attempt highs from June's range at 4188. If we retrace further, watch the vacuum zone to 4009.
FX:SPX500
by quantguy
Projection of a worst case scenario for SPYGiven the tensions building up in Northeast Asia right now, it set me wondering if a rise in volatility just might thwart a very nice possible recovery and plummet us into the next bear leg. Being the devil's advocate on this idea, I wiped out the drawings on the SPY chart, and looked at only a "worst case scenario" or at least a "bear case scenario". Note that given the week has not ended, the current candlestick is not to be accounted for in the assessment, and remains a projection until the end of the week. Clearly, in the SPY weekly chart, the immediate impression is that the bounce rally is indeed well underway and technical indicators are bullish with a synchronous crossover. However, the meeting of the weekly 55EMA (orange line) in a period of expected increased volatility, and geopolitical "Pelosi induced" tension... the SPY may just fail the 55EMA. IF this happens, then the bear case scenario projection might just play out. We need to note a few things... The SPY IS BELOW the 55EMA (roughly equivalent to the 200SMA) so technically still in bear market; There is not yet a weekly higher low to mark the end of consolidation and the accumulation phase for launch; There is at least a 50 point wide range on the SPY to clock the higher low (bull case); The SPY has NOT YET clock a higher high (need to break above the green line, and 55EMA); and The trend change pattern of a series of lower highs and lower lows (waves 1 to 5 in drawing) is not yet complete, nor is the pattern broken. On the last point, by not breaking above the 55EMA, the SPY would not have broken the pattern, and would not be out of a technical bear market. Furthermore, it would then be looking for one of two scenarios: To make a higher low, or to make a lower low. In the latter case, IF and when it breaks the critical support of the last low (the red line), it would then drop significantly in the last leg... currently immediate support at 325. This is a good 20% down from where the SPY is today. In summary, Watch the SPY very closely over the next few weeks. A failure to clear the 55EMA would put it at risk to clock a lower low or higher low. Breaking down the critical support would see further slides. IMHO , the current headlines speaking of the Pelosi-Taiwan visit is key. It is the seed of what tensions are to come in the weeks following. I would not disregard the "face value" of the Chinese. It goes really beyond superficial levels, that is Chinese culture. For now, only time will tell... stay ahead of the curve and stay safe!
AMEX:SPY
by Auguraltrader
3
VXX (VIX ETN) hints yet again of increasing volatilityRushing this out before market opens... The VIX index is rather special (to me) and it is not feasible to use usual technical analysis on that chart IMHO. So, I use the VXX (VIX ETN) for a better idea when volatility spikes might occur. Am observing one just now with an apparent alignment of weekly adn daily factors in the charts. On the weekly chart, noted that there was previously a bullish divergence where the VXX kept going lower whilst the MACD (left lowest bottom panel) crept up. Noted that when we had the MACD crossover, the following week(s) come with volatility spikes. There is an early indication that we might see a MACD crossover this or next week, suggesting that August would be volatile. The candlestick formed last week gapped up, attempted to close the gap, but closed at the high. This is a rather bullish candlestick, and an identified wedge breakout just might happen this week. The daily chart uncannily bears (pun not intended) a similar pattern, but with more details, as the last day of last week closed in a similar looking candlestick, along with a gap up (that attempted to close and reopened), as well as a MACD crossover. These MACD crossovers in 2022 have been marked, last posted about this on 12 Feb 2022, which saw a period of higher volatility. Then formed the identified wedge, and bouncing off the wdge support twice, this time, it suggests that volatility is about to spike, and would probably breakout of the wedge. Taken together, this uncanny alignment forewarns of clear and present volatility for the weeks to follow... Having said that, I suspect that this is might be a short and sharp spike that could end the bearish status for a couple of months until we get into 2023. That's another discussion altogether. Meanwhile, hold on to your pants, be ready for the volatility storms!
CBOE:VXX
by Auguraltrader
1
Stocks Retrace After Hitting Our TargetStocks have hit our target of 4144, but ran into resistance here. The price action swiftly rounded off, forming a top at this level. We have since retraced back into the vacuum zone between 4122 and 4168. We should have further support at 4068, but if we retrace further then there is a vacuum zone below to 4009. The Kovach OBV has ticked downward with the retracement. We will need more momentum to punch through 4122 and 4144 before we can consider higher levels at 4178 and 4188, which are the next targets.
FX:SPX500Short
by quantguy
1
Inverse H&S pattern🔥on BTC and S&P 500.Friends, are you expect that BTC will make a pullback to 17k or pump to 30k? All of this scenarios are realy possible. But what is the most possible scenario? Local pullback is expected in this idea few days ago. Also there you can find the best entry points for BTC using my free trading strategies🚀 📊 The experienced traders know that weak BTC follow the stock market. The most famous index of stock market is S&P 500. You can see how similar this 2 charts. Except that S&P 500 already reach "the neck" and BTC is still close to "the head". 🚩In this case we can expect that if S&P 500 will follow the inverse H&S pattern so the BTC copy it too. 📊Why the S&P 500 can reach the $4300-4500 in a month? A lot of earnings and guidences of US companies are confirmed that US economy not in the "recession". Almost all TECH giants have amazing rezults for Q2. Also the $3700-3800 area was expected as a bottom because there is a lot of technical supports for the price (key levels, value areas etc.). ✅The closest target for BTC is $28-30k🔥value area because this is a bottom of 1,5 year consolidation channel which become the huge resistance for BTC when it was broken down. 🔥Traders, do you agree with this facts or you have something to add? Write your thoughts in the comment! 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
10
BTC vs SPX500: Bitcoin acts more reasonably than S&P 500 nowWasn't thinking I'll ever say something like "Bitcoin acts more cautiously than the stocks". Yes, I'm talking about the bloody BTC who is terribly known as an extremely volatile and overinflated bubble without any real value. As we see on the chart during last two weeks, SPX was growing much more rapidly than BTC. Is there any reasonable excuse for that grow? Of course, the answer is "NO". It looks like classic stock markets are overestimating the "positive" messages coming from the states executives regarding the current economy situation. I'm afraid that very soon we will see the punishment for that blindly-optimistic behavior. And will use this moment as a good chance and the opportunity. "Buy when there’s blood in the streets, even if the blood is your own" as Nathan Rothschild probably said.
COINBASE:BTCUSD
by Riskoholics
Can Stocks Continue Their Rally??Stocks have broken out and hit our next level of 4122. We are meeting steep resistance here confirmed by red triangles on the KRI. The Kovach OBV has lifted, and its clear that momentum has returned at least for now. It is likely that the markets think that the Fed may adopt an easier policy now that we are formally in a recession. If momentum continues, 4144 is the next target, then 4178 and 4188. If we retrace, then we have a vacuum zone below to 4068 then 4009.
FX:SPX500Short
by quantguy