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Snp500analysis

Simple multitimeframe for US500, S&P 500 Index☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
CAPITALCOM:US500Long
by Yelli_trades
1
Spy continues to near its target of 570 before U.S. electionsWith the dollar trending down and the VIX at low levels, we can then continue to expect the U.S. stock market to continue to rise. And, in fact, that is what we are witnessing as we close in on the blow-off top target of the Elliot Wave theory that has resonated with my instincts for these last 2 and a half years. We are currently in wave 5 and on our way to the target I have set of SPY 570-600. There is still time and I believe we will easily get there before U.S. election shenanigans begin to unfold (see my post on the VIX). Once you start to catch wind of anomalous election news events here in the U.S., know that we are near our top. For me, it will be time to pull out.
AMEX:SPYLong
by stewdamus
S&P-500 E-Mini: Full Fibonacci SchematicsThis is a completely full and completed schematic of CME's E-mini S&P 500 Contract. This contract started in 1997 so there are decades of data not accounted for on the real chart. However, these are just as viable and important as the Standard & Poors 500 Indice. Let us take a look at the separate (chronological) boxes and understand what they are... #1 is VERY IMPORTANT as this has the first pair of Fib Spikes for ES1 which are the red and white lines coming across the chart. ALSO, we see an extension from the COVID low ( YELLOW ) and this extension exactly determined the high at 4800 and the approximate bottom. #1 and #3 also have two up schematics in RED originating from the local low from 3500. These are VERY IMPORTANT SCHEMATICS IN 1 and 3. #2 and #4 are the first two pairs of Fibonacci Extensions for ES1. In both, we have fib forks. In #4 there are 2 of the forks. ( yellow and white ) #3, #5, #6, and #7 are the start of the next structured schematic. #3 contains the second set of fib forks for ES1. 5, 6, and 7 are all from the same structure but have completely different schematics. #7 Contains a very important schematic of Fib Forks stemming from the inception of ES1. (YELLOW) #8 is a formation from the COVID lows of 2020. We see the third set of Fib Spikes/Forks on ES1 here and also a Fib Schematic too. One piece of the schematic is in #1 in YELLOW and is a very important extension. It belongs in #8 but I have it in #1 because it has shown its utility.
CME_MINI:ES1!Long
by MichaelBsul
3
ES1! SPX500USD 2023 MAY 08 WEEKCME_MINI:ES1! ES1! SPX500USD 2023 MAY 08 WEEK Are we seeing the bearish ascending triangle already? As with NQ, tendency to take rotational trades has diminished. Scenario Planning: 1) Rejection short at 4175 / 4068 2) If market decides to spring a surprise, long on test of break of 4198 and finds support Volume Analysis: Weekly: Ave vol up bar close off high = minor weakness Daily: High vol narrow spread S>D bar = weakness Price reaction levels: Short = Test and Reject | Long = Test and Accept 4303 4198 4068 3928 3788 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
ES1! SPX500USD 2023 APR 17 WEEKCME_MINI:ES1! ES1! SPX500USD 2023 APR 17 WEEK Friday's bar closed below 4175 and showed a rejection of higher prices. Scenario Planning: 1) Rejection short at 4175 2) Market rotation continues = trade at boundary (80pt range) of range (grey box) 3) Rotation breakout long at support of 4175 Volume Analysis: Weekly: Ave vol up bar close off high = minor weakness Daily: High vol narrow spread S>D bar = weakness Price reaction levels: Short = Test and Reject | Long = Test and Accept 4303 4175 4096 3928 3788 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
ES1! SPX500USD 2023 APR 04 WEEK ES1! SPX500USD 2023 APR 04 WEEK Market may be continued to be marked up. However, exercise caution as weekly bar may be showing a bull trap. Scenario Planning: 1) Possible short if 4175 is rejected 2) Continuation Long if 4082 // 4175 are supported Volume Analysis: Weekly: Low vol up bar close toward high = no commitment to higher prices, possible trapping longs Daily: Ave vol up bar close toward high = non-trend changing Price reaction levels: Short = Test and Reject | Long = Test and Accept 4303 4175 4082 3928 3788 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
ES1! SPX500USD 2023 MAR 27 ES1! SPX500USD 2023 MAR 27 I won't be trading till the new month starts. Keep profits and rest if target has been reached, and also chart is messy at the moment. Can't imagine a new quarter is starting soon! Scenario Planning: 1) Possible short if market tests previous rotation area (grey box) Volume Analysis: Weekly: Ave vol up bar close off high = possible weakness = Supply remains Daily: Mark up on lower volume = possible buyer's trap Price reaction levels: Short = Test and Reject | Long = Test and Accept 4175 4082 3928 3788 3502-3580 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
ES1! SPX500USD 2023 MAR 16 ES1! SPX500USD 2023 MAR 16 Scenario1 4094 short again! Hope you had taken the trade. No trend changing principles observed, short preferred. Scenario Planning: 1) Short if 4094 / 3928 is rejected 2) Long on support and accept of 3788 // 3928 Volume Analysis: Weekly: Ave (higher vol down bar) close toward low = Supply remains Daily: Ave vol down bar close off low = some demand noted Price reaction levels: Short = Test and Reject | Long = Test and Accept 4175 4094 3928 3788 3502-3580 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
HI EVERYONE!Cobra here! Friday's report was quite neutral. The markets did not react much, but they closed with a fall. Let's take a brief look at the current situation: The index is getting closer to its old GAP, which I wrote about a long time ago and said that it would be closed last. If there will be no additional bad news on the market, the gap will be closed, and then it can continue further downtrend. On Friday the dollar index DXY gave a good candle up, before the markets closed. You can read next posts about crypto!
SP:SPXShort
by Bull_Short_TG
S&P500 Technical Analysis-2023Hello everyone, hope you all are doing good. Bullish Probability:(at least one or two weekly candle closes above 4100 than there is a possibility of this playing out). There is an active Bullish Divergence playing out in RSI, so there are chances S&P500 may put new high above 5k. If S&P500 put new High, then it can be a Triple Bearish Divergences, so after that it can be a massive dump of markets. In this case the 1st Bottom will be 3500, so the 2nd Bottom can be massive drop from 5k to 2000, previously S&P500 dropped its 2nd Bottom from 1580 to 670(-57%). Bearish Probability:(at least one or two Weekly candle closes below 3700 than there is a possibility of this playing out) Currently the Fractal of SnP500 looks like similar to the previous oct-2001 to july-2002 Fractal. S&P500 -> falling in a Descending parallel channel -> Breakout/Fake Out little and finally put lower low or 1st Bottom. If this plays out than RSI may fall below 30 - invalidating the current Bullish Divergences. (Sometimes Divergences get invalidated due to forceful movement of Markets). Target = around 3200 OR there is a possibility to fall on the sky Blue trendline. Thank you, please like and share, if you have any questions please comment.
SP:SPX
by nmchary
6
ES1! SPX500USD 2023 JAN 23 ES1! SPX500USD 2023 JAN 23 Market didn't manage to test 4175-4094 area last week indicated lack of demand, with the weekly bar displaying it more saliently. Preference will be short on retracement. Scenario Planning: 1) Short at rejection of trrendline or price levels 2) Long if price breakout of trend line, retraces and is supported Volume Analysis: Weekly: Low vol up bar close off high = No Demand Daily: Ave vol up bar close toward high = No Demand H4: Very high vol up bar close toward high = potential selling into higher prices Price reaction levels: Short = Test and Reject | Long = Test and Accept 4175 4094 3928-3788 3580 3502 3231 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
[S&P 500] short term bullish but mid term bearishTechnical indicators show a high probability of a “dead cat bounce” pattern which is a bullish retracement inside a downtrend. Indeed, the drop was triggered by a huge bearish MACD divergence and confirmed by a cross between MA50 and MA200, while the recent rise was triggered by a small bullish MACD divergence. I believe the bullish retracement will end below the 50% FIBO and will be confirmed by the historical resistance of the 50 period disparity index.
SP:SPX
by Bitcoin_Weather
Will the market go down or up tommrow ?Will the market go up or down tommrow. What do you think based on chart I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at. So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
AMEX:SPYShort
by Composed_Trader
S&P: THE KISS OF DEATH MOVE.Hello traders, welcome to this S&P 500 update. This is my first time analyzing the S&P 500 and I hope it will be helpful. To analyze this chart, I am using the 21 monthly moving average and the kiss of death pattern. The S&P 500 is on its way to making a bearish move and it got stronger after the price got rejected below the 21 MA. The actual confirmation came into the picture when the S&P 500 bounce back after the breakdown and got rejected for the second time, this is where the 'kiss of death' pattern took place. I am not blindly shooting arrows here. In the past, we have seen a similar move happening and that led the S&P 500 to drop around -44% to -53%. Considering the current scenario, if the S&P 500 happens to drop down then we can expect a drop around -50% at 2140 where we have good support. As we all know that S&P 500 is known to be the best overall measurement of American stock market performance and if this goes down, we know where the market is heading. That's it from my end. Please do share your thoughts and ideas on S&P 500 in the comments section. I will be honored to know more about it from your end. Thank you and trade safely.
FX:SPX500Short
by Dexter_The_Trader
5
US500 IS DIVING DEEPER INTO BEAR MARKETAfter policymakers have shown more appetite for interest rate hikes, S&P500 recorded its lowest close in almost two years and it is 24% down from its record high. The technical indicators on 1H graph are also putting the index into bear territory, with MACD histogram below 0 and keeps decreasing and RSI well below 50 neutral line. If the downtrend continues, the index might reach and test levels of around 3530 USD. If opposite scenario occurs, the price might test its previous high at 3800 USD. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
UShort
by legacyFXofficial
SP500 WeeklyLooking at the SP500 Weekly chart, we have so far retraced about 11% from the top, and it doesn't seem to be the bottom. The market appears to be going for another test of the 4200-4250 area. If the support breaks, we could reach the 4000-3900 zone. If we try to simulate Covid not happening, consider that the market has seen a higher growth before Covid, take into account all other factors (FED, inflation, current tensions) and try to simulate longer-term behavior, it also brings us towards the 3900-4000 area. The area of 3900-4000 seems to be where Weekly EMA200 would be touched, which SP500 likes to test. On top of that, the correction of SP500 would be close to 20%, which doesn't sound unreasonable. If SP500 weekly support at 4200-4250 breaks, it could take up until late May for the market to find the bottom and reverse the trend. Better safe than sorry.
OANDA:SPX500USD
by alphascala