M.A.G.A's STORYTAIL (SP500)If I can reach the stars, pull one down for you
Shine it on my heart so you could see the truth
That this love I have inside is everything it seems
But for now I find, it's only in my dreams
And I can change the world
I will be the sunlight in your universe
You would think my love was really something good
Baby, if I could change the world
If I could be king, even for a day
I'd take you as my queen, I'd have it no other way
And our love would rule in this kingdom we have made
'Till then, I'd be a fool wishing for the day
And I can change the world
I would be the sunlight in your universe
You would think my love was really something good
Baby, if I could change the world
Baby, if I could change the world
I could change the world
I would be the sunlight in your universe
You would think my love was really something good
Baby, if I could change the world
Baby, if I could change the world
Baby, if I could change the world
Eric Clapton
Sp500analysis
S&P ES Long setup target 6129 / Calls SPY target 605Fibonacci technical analysis : S&P 500 E-mini Futures CME_MINI:ES1! has already found support at the Fib level 78.6% (6020.50) of my Down Fib. Last Daily candle (Jan 17) has closed above retracement Fib level 78.6%. My Down Fib guides me to look for ES1! to eventually go up to hit first target at Fib level 127.2% (6129.00).
CME_MINI:ES1! – Target 1 at 127.2% (6129.00), Target 2 at 161.8% (6206.00) and Target 3 at 178.6 (6243.50)
Stop loss slightly below the 61.8% retracement Fib level (5983.00).
Option Traders : My SPY AMEX:SPY chart Down Fib shows price to go up to Target 1 at 127.2% (605), Target 2 at 161.8% (613) and Target 3 at 178.6 (616)
Stop loss slightly below the 61.8% retracement Fib level (592).
Building Long Position in UPROBased on my technicals, UPRO begun trading at a discount level after last Friday's close (weekly candle). I look at price in a specific format using the RSI indicator.
Price trading below 50 level = discount , price about 50 = premium. So currently UPRO is at a discount for my liking and I've begun investing some capital here.
Current upside to previous highs is about 20% ROI, so if price continues to head bearish I will continue to DCA (dollar-cost average) down and lower my cost-basis.
Rising bond yields hurting the S&P 500 indexThe rising bond yields is one of the top reasons why the S&P 500 index has pulled back in the past few months. Data shows that the 30-year yield surged to 5% for the first time since 2022. The 5-year and 10-year yields have also continued rising in the past few months.
These yields rose after the US published strong nonfarm payrollsdata on Friday. According to the Bureau of Labor Statistics (BLS), the economy added over 264k jobs data, higher than the median estimate of 112k. The unemployment rate dropped to 4.1%, the lowest level in three months.
Therefore, these numbers confirmed the Federal Reserve’s view that the labor market was doing well. Officials are now focusing on the steady inflation and have hinted that the bank will only deliver two cuts this year.
Last year, we wrote about the bond vigilantes and warned that they may impact the stock market. These vigilantes are investors who typically push bond yields significantly higher when government spending is rising.
SP500 - detailed wave countReports indicate President-elect Donald Trump may declare a national economic emergency to enact controversial tariff policies under the International Economic Emergency Powers Act (IEEPA). Despite criticisms, Trump remains committed to his proposed economic measures.
Yahoo Finance reporter Alexandra Canal examines how the US dollar (DX=F, DX-Y.NYB) might respond to Trump's tariff plans and overall economic agenda, inversely causing a reaction in S&P 500 (^GSPC) earnings growth.
SP500 - detailed wave countHow Trump's tariff, economic plans could shake the US dollar
Reports indicate President-elect Donald Trump may declare a national economic emergency to enact controversial tariff policies under the International Economic Emergency Powers Act (IEEPA). Despite criticisms, Trump remains committed to his proposed economic measures.
Yahoo Finance reporter Alexandra Canal examines how the US dollar (DX=F, DX-Y.NYB) might respond to Trump's tariff plans and overall economic agenda, inversely causing a reaction in S&P 500 (^GSPC) earnings growth.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
This post was written by Angel Smith
SP500 - Waves' Final Fantasy 15000S&P 500 looks increasingly vulnerable to a correction this year, according to Goldman Sachs
The stock market looks increasingly vulnerable to a sharp pullback, according to Goldman Sachs.
In a note, the bank highlighted three things that could challenge the bull case for stocks in 2025.
Strategists pointed to high valuations, market concentration, and the rapid increase in stock prices.
S&P 500 - Clear head and shoulders pattern on the 1 hour.The markets have had a rough end of the year. The S&P 500 has printed a pretty clear head and shoulders pattern. Is this a fake out, or will it break to the down side?
I don't see anything different now than a few weeks ago, so can we mark it up to end of the year tax covering and profit taking? Or is there something more severe going on? A rate cut and Trump taking office should be a boon to the markets, unless we have a black swan event in the near future that the insider know about and we don't.
Bird flu? War with Russia? Debt ceiling? Some other unknown event? Maybe its all just noise. The charts "never" lie though.
Hurst's 4.5 Year cycles is in "Time wise"=Trough is close or notHurst's Cyclic Theory:
The basic tenant behind this theory is that markets achieve significant lows (or troughs) at the beginning (or end) of a cycle. Cycles have varying degrees based on wave length (in time) and are harmonized with the higher level cycles.
- Blue is 4.5 starting the day of the IPO !!!
MERRY CHRISTMAS AND A HAPPY NEW YEAR TO ALL MY SPYLOVERS !!!Two weeks ago, I projected some very common behaviors that candles exhibit after a long rally. If you compare the two types of candles I marked on the left-hand side, notice how candle models "A" and "B" have very different body structures. Candles "A" have a more volumetric medium-sized body, which indicates strength. However, we are not exempt from their natural pullback, which, to complete one trend cycle, broke the structure itself upward.
Candles "B" are smaller than Candles "A," allowing us to distinguish the significant weakness in the uptrend. The price starts to lose momentum, and consequently, we can expect it to take a pause before falling.
After projecting the two scenarios where SPY was positioned two weeks ago, we were able to predict both future movements correctly:
When the price reached historical highs, it paused or consolidated, showing descending candles (see the magenta arrow). Later, a volumetric candle confirmed the drop.
Within the two scenarios, I marked two possible levels where the price would fall. The rebound occurred correctly at the second level, a historical resting zone where the price has been since October.
This analysis is entirely based on price action and historical zones. It's essential to stay alert to institutional and liquidity zones to ensure the most accurate analysis possible.
Now we are in the final week of the year, and historically, markets tend to react bullishly. But the question is: Will it be different this time?
In my opinion: I believe the price can reach new historical highs, as it is demonstrating with strong bullish pressure candles.
At this moment, I think we are at a good support level located at the previous resistance of our entire bullish channel. I believe the price will re-enter the channel and resume the sequence it has been following within the overall bullish structure.
This concludes my analysis of SPY for now. Let's see what the next few days bring as we continue monitoring the market.
If you'd like to see this analysis in English, follow me on TradingView under the username: rockermike111.
Wishing you an excellent 2025 filled with great news and continued growth in your market studies! May your learning progress year after year!
Sending you a big hug and wishing you a Happy 2025!
TRADE SAFE!
S&P500: Strong SurgeOn Friday, a strong surge propelled the S&P500 upward, so the index is beginning the new week at distinctly higher levels. Still, in our primary scenario, we anticipate a significant sell-off during the turquoise wave 2, which should drive the S&P down into our turquoise Target Zone between 5616 and 5368 points. In this range, the turquoise impulsive wave 3 should start and deliver a robust upward movement beyond the resistance at 6169 points. However, there is a 36% chance that the index will reverse upward prematurely and surpass the resistance at 6169 points earlier during an alternative blue five-wave structure.
$KO LONGThe Coca-Cola Company (KO) recently reported strong financial results, with revenue increasing by 3% in the latest quarter to $12.4 billion, exceeding analyst expectations. The company also raised its full-year sales guidance, now forecasting organic sales growth between 9% and 10%, an improvement over its earlier outlook of 8% to 9%. This growth reflects Coca-Cola’s ability to maintain pricing power and volume stability despite global inflationary pressures.
Coca-Cola continues to expand its global footprint with recent investments, such as a $90 million expansion of production facilities in Brazil’s Amazonas region, further solidifying its market presence. In addition, the company recently announced a strategic partnership in India, with the Jubilant Bhartia Group acquiring a 40% stake in Coca-Cola’s Indian bottling operations.
Despite these positive developments, Coca-Cola’s stock has faced modest pressure, declining by 1.13% in the past week amid broader market volatility. Compared to traditional safe-haven assets like gold and U.S. Treasury bonds, which have shown limited growth potential, Coca-Cola’s stock offers a combination of stability and long-term growth supported by its improving fundamentals.
S&P 500 Rally: Why a 5k Target Might Be More Likely Than 7kSince November of last year, the SP:SPX has surged by 50%, and if we look at the gains from this year alone, we're seeing around a 30% increase. Additionally, the rise from August is 20% which is significant in just five months.
Considering the rapid pace of these increases, especially for such a major index, it gives me the impression that the S&P 500 may be overstretched.
Statistically, such strong rallies either follow a deep bear market or precede a significant pullback.
Since we haven't experienced a strong bear market recently, I believe a correction could be on the horizon.
Technically, the market remains in an uptrend, but the price action from August has been in steps. This type of movement often signals distribution and a potential reversal.
In conclusion, while a new all-time high by the end of the year is almost certain, I'm not overly optimistic about the long-term outlook.
A pullback to around 5,000 seems more likely to me than a rally to 7,000.
Do bulls really want to be long the S&P 500 ahead of a breakout?S&P 500 future are tantalisingly close to a record high. So close in fact, it would be rude not to print one. Yet I am skeptical it will simply hold on to (and extend) any such gains without at least a shakeout first, and bulls may be better to wait for a dip. Comparing the S&P 500 to Dow Jones and Nasdaq 100 futures, I explain why.
MS.
ES - Where to Join into the TrainThese two blue boxes are also very suitable for working with receivers.
Instead of getting lost in the low time interval, transactions can be taken by looking at the reactions when the price reaches these levels.
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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.
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.
Do you have questions or need analysis on any financial asset? Feel free to reach out to me in private for a comprehensive and tailored analysis!