The S&P 500 just hit me with a 'deja vous' - gains to follow?Once every so often I look at a chart and instantly get struck by a familiar pattern, which is exactly what happened today with the S&P 500 futures chart. And with asset managers firmly backing the ES1! futures market, I'm not on guard for a bounce form support. Just as long as Nvidia earnings allow.
MS.
Sp500analysis
S&P500: More Upward Potential!We still ascribe more upward potential to the S&P’s turquoise wave B – up to the resistance at 6088 points. At this level, we expect a transition into the same-colored wave C, which should push the index down into our green Target Zone between 5110 and 4921 points. Within this Zone, the larger wave should find its final low, which should provide potential entry points for long positions. A stop-loss can be set 1% below this Zone for risk management. However, if the index surpasses the 6088 points mark directly, our alternative scenario (probability: 38%) will come into play: it suggests that the wave low is already in place.
Stock Market ft. The BIG SHORT.Election coming, looks to be priced in as we speak, expect a drop, probably more severe than my chart if the conditions are met BELOW..
Conservative levels to short above (no guarantee we are coming back to those levels) as the futures market can continue to plummet as early as Monday next week.
I expect a heavy forecast of rain up until the election and after, we are about to see some crazy $%^& in the next few months,
Price is weighted on the weekly, to Target 1, if that level doesn't hold we will see target 2 and target 3 QUICK,
If my price reacts the way I think it is, I will be dropping a multi-year monthly chart to follow,
Good luck traders.
Strong Buy Opportunity on GBP/JPY – Ready to Trade?Exciting trading opportunity on GBP/JPY! If the daily candle closes above the green rectangle, it's a clear buy signal. The stop loss will be placed below the red rectangle, with take profit set at the blue rectangle.
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WEEKLY FOREX FORECAST OCT. 14-18th: BUY THE S&P 500? YES!The S&P 500 looks to have supporting structure for higher prices. The bullish momentum is there, and Friday's close put that on display.
There is some potential for a limited pullback, though. But I would view it as a better price for a possible long entry.
What are your thoughts....?
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S&P500 GREED Right now there is a lot of greed and there is no end in sight right now.
I like to see the overlapping of some indicators in this case Fibonacci levels. It seems that there is no end at the moment, but is it really so?
I'm not bearish, we just have to look from the other side and if we get a correction, make the best use of it
S&P 500 (SPX) Hits All Targets! Bullish Rally CompletesThe S&P 500 Index has shown strong bullish momentum, with the long trade successfully reaching all profit targets.
Key Levels
Entry: 5719.98 – The long position was entered as the price broke above this level, confirming bullish sentiment.
Stop-Loss (SL): 5703.41 – Positioned below recent support to protect against potential downside risk.
Take Profit 1 (TP1): 5740.45 – The first target was hit, confirming the upward momentum.
Take Profit 2 (TP2): 5773.57 – The second target was achieved as the bullish trend continued.
Take Profit 3 (TP3): 5806.70 – The third target was reached, indicating continued strength in the market.
Take Profit 4 (TP4): 5827.17 – The final profit target was reached, marking a highly successful long trade.
Trend Analysis
The price is well above the Risological Dotted trendline, indicating a strong bullish trend. The steady upward movement suggests that the market sentiment is favorable for further gains, although all targets have been hit, marking the trade's conclusion.
The long trade on the S&P 500 Index successfully hit all profit targets, with the final target at 5827.17 signaling a strong rally. The upward momentum was supported by the Risological Dotted trendline, reflecting solid market conditions for bullish trades.
SP500 - 1D Who will buy the most EXPENSIVE TULIP?SP500 - 1D Who will buy THE most expensive TULIP?
The SP500 continues to rise unstoppably, reaching 5700.
It is possible that it will continue to rise, but the question is how far.
Technically, the rise is shaped like a megaphone and is currently touching the ceiling. In fact, it has broken the resistance and it is not clear how far it could continue to rise. On the other hand, looking at the chart, it is clear that sooner or later it has to correct. Pay attention to the US presidential elections. Maybe then it will turn around.
Intermediate support zone: 4800
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I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Fed decision had long been priced in - what's next ?It is said that the stock market looks 6 to 9 months ahead. This was probably the reason why today's decision by the Fed to cut interest rates by 0.5% did not cause a major realignment in the markets (so far).
It was a foregone conclusion that the Fed would begin to turn the tide on interest rates. However, it was unclear how big the move would be. Many economists had expected a smaller move of a quarter of a percentage point. The cut marks a turning point in interest rate policy: the Fed had been raising rates at a record-breaking pace since last March to combat stubbornly high inflation, most recently holding them in a range of 5.25 percent to 5.50 percent for more than a year.
SP500 what is next?From my last analysis, the S&P 500 has fully reached my projected target. Right now, I'd like to see some sort of reaction here or slightly lower, around the 4-hour Fair Value Gap (FVG) in the 5325-5240 range. If we get that, I expect a push higher, potentially leading into the U.S. elections or even until the end of this year. However, if we don’t see that reaction and price keeps dropping, it could spell major trouble ahead—we’re talking a significant downturn, and nothing may be able to stop it.
SP500 Analysis 9-11-24Price has been very choppy lately. Looking to see if there will be a push to the previous
highs. 5500 Longer time frame bulls are rallying and could test some highs. Waiting for news. Bears could step back in push price down below 5472
News will be catalyst to get things moving for the month I believe.. 10am Club.. lol
Good Luck Trading
Risk Mngt#1
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SP500 seasonality and market positioning are at oddsOn one hand, seasonality for the S&P 500 and indices in general tends to be unfavourable in September. On the other, asset managers are 'all in' being long the index which sits just beneath its record high. We weigh up the competing factors to decide whether we should tread carefully around seasonality, or simply ignore it.
MS
SP500 Analysis 8-26Price came back to Thursday's high to take out buyers and fall during NY session.
Sell side liquidity around 5587 and lower. We could see price push lower. Have not
taken out previous day lows. Waiting for price to rally back and find rejection around 5631 or 5640 . I took some profits on the sell.
Good Luck
Risk Management #1
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What's S&P500 & Why Needs a Price CorrectionThe S&P 500 (Standard & Poor's 500) is a stock market index that tracks the performance of 500 of the largest publicly traded companies in the United States. It is widely regarded as one of the best indicators of the overall health of the U.S. stock market and the economy. The companies included in the index span a wide range of industries, including technology, healthcare, financials, and consumer goods, among others. The index is weighted by market capitalization, meaning larger companies have a greater impact on the index's performance.
Why SP500 needs a Price Correction?
A price correction occurs when the value of a stock or a market index, like the S&P 500, declines by a certain percentage, typically 10% or more, after a sustained period of upward movement. Corrections are a natural part of market cycles and can happen for several reasons. Here are a few reasons why stocks may need to go down in order to make a correction:
1. Overvaluation:
When stocks become overvalued relative to their earnings, assets, or growth potential, a correction helps realign prices with their intrinsic value. Investors may have driven prices too high due to speculation or overly optimistic expectations, and a correction brings valuations back to more reasonable levels.
2. Market Euphoria and Excessive Risk-Taking:
When the market experiences excessive optimism, driven by factors like low-interest rates, easy access to capital, or speculative trading, it can lead to inflated stock prices. A correction serves as a reality check, reducing excessive risk-taking and bringing prices back to sustainable levels.
3. Economic Slowdown or Uncertainty:
Economic indicators like GDP growth, unemployment rates, or consumer spending can signal a slowdown. If the economy is weakening, companies may struggle to meet earnings expectations, leading to lower stock prices. A correction allows the market to adjust to a new economic reality.
4. Interest Rate Changes:
Rising interest rates make borrowing more expensive and reduce corporate profits, which can lead to a market correction. Higher rates also make bonds more attractive relative to stocks, prompting investors to reallocate their portfolios, leading to downward pressure on stock prices.
5. Profit-Taking by Investors:
After a strong market rally, investors may start taking profits, especially if they believe prices have peaked. This selling pressure can lead to a correction as stock prices adjust to lower levels.
Conclusion
Corrections are a necessary and healthy part of the market cycle, helping to prevent bubbles from forming and ensuring that stock prices reflect the underlying fundamentals of companies and the economy. Although corrections can be unsettling for investors, they often create buying opportunities and contribute to the long-term stability of the market.