SPX500 SHORTSPX saw huge move up today back into the supply zone. This zone also lines up with the 61.8 Fib which has been a notable reversal level. I am expecting a move down to the demand zone.
Sp500analysis
SP500- 2900 should be soldSP500 looks like is finally top out with 3k zone proving to be strong resistance.
The index found sort-term support yesterday under 2800 and now is correcting.
I'm very bearish indices and I expect a new leg down for SP500 in the next months.
In my opinion, 2900 should with a target of at least 2600
Inverted rounded bottomInverted graph of SP500 -- Who likes rounded bottom? According this idea we might see second wave of discounted stocks in summer - around june/july.
Just curious crazy idea .. I'll just leave it here... :)
SP500 (Y20.P3.Video).Recent price action explained.Hi All,
*** Note: This video is a followup on my previous posting on the SP500 forecast, with measured success. ***
The following video post is my take on the SP500 price action in terms of technical analysis.
If you were to look at my previous posting on this, it gives a background to this video.
But I also recap some of the points in this video.
This video recording is my attempt to explain what I take from the charts, historically and how its applied to the past few months and the next phase of the market.
Please give me a like or a tick for making this effort.
Regards,
S.Sari
My reference: A.Charts
Reference materials:
Bump and Run Chart Pattern Strategy>
tradingstrategyguides.com
Previous post and a background reference to this video
SPX500 SHORTHi guys this is my idea for SP500 index, Stop loss at 2960 because it could go for new high's at 3100 if liquidity will came in
Markets seems that they have lost momentum, so I expect a retracement at 2650, that is short term target trading range for next weeks would be 2650-2900, medium term target is March's low, and if it breaks that support next support is and Long term target 1800 pips
The basis for this analysis is that covid-19 crisis is at the beginning, I don't see a V shape recovery pattern,these months we have dealt with healthcare system crisis, now we will face bankruptcies, bailouts and negative balance sheets for the 2nd and 3rd trimester.
Have a Nice day and come back for updates weekly.
short #sp500 at 3180 with tp 1 at 3155 and tp 2 = 3130a very small correction sceneraio even we' think about Xmas rally i keep my position
if he go to 3200 i add 1 lot and add a tp 3 at least at 3100 and 3035 my finak
coz in fact the deal are not what expected marke and i bet on a TOP now or a bit up if market still wanna rally for xmas
if market push up stock fpor free as he bought already the rumours and the new are done and lower than expected will mean its politic control the pmarket and this i no wantr to believe
Short at 2942 with 3 target short term to 28201 - the eco data are worst more than expected
2- he like filled THE big gap
3 - he traced 61.8 fibo from the #COVID19 krach ,my target are not so far so i think its a good timing and a good trade with good gain to try
4 - he up much on Gilead treatment but in fact even a Vaccin will not erase what the economy is now and all her drama economic data like pmi ,Gdp and co
so central bank are here but reality should back
may i enter a bit early if is the case i will add 1 lot and update..also i will update down my target if he up much for now the stop lost is up to you i made it for me at 3010 yep is a bad ratrio but of course if he go there i will add 1 lot and so get more profiot when he will fall and also surely doiwn my target to 2700 even more...the level is unrealistic..cental bank cant replace economy even if market right now near mean nothing as is a big game ,liek lottery and annalysis near mean nothing coz of central bank and trump tweet
S&P 500 index NEW PARADIGM Shiny, gorgeous stonks looks like they move you straight into heaven.Looks like very bullish. But my feeling about the market is bearish of course. May be this time is different, maybe my bearish broken bias are lying to me. I made this thoughts before, when last bear are completely change his bias to bullish price immediately stop rising and start to reverse
3050-3130 are good levels for sell
SP500 Going UpWhen I said it would go down in DEC19 I had to be confident to stand on my analysis, and it played out.
Here I support why its going back up, you've gotta draw the line somewhere, if its as the media portrays the world would have ended 10 times over already!
TRUTH is concerning as this outbreak is, compared to our massive world population of 7.8 Billion (MAR20) the numbers of this virus outbreak are minuscule.
They've been selling fear and the masses have been buying, business as usual, before this they were fear mongering about something, after this they'll find another issue to cry about. If you ask me this may have very well been a snowball of media fear mongering compiled with the sensitivities of feeble minds.
Being a medical matter, most of us and politicians are not educated on the subject matter, so it becomes important to follow the leader, because nobody wants to be taking the blame for mishappenings.
Here I believe the uptrend has started, and slowly but surely will return to sync with the pre corona trend.
Here on the M chart I believe it can close above 2500, or at 2500 by month end in 2 days, meaning APR the uptrend to become evident.
Just my take, do your own due diligence.
SPX, SP500 / USD — Stocks on Danger?!Hello!
Trying to update on important moves here for SPX and SP500.
US stocks can have bad times if we going to settle below EMA21.
On top we have Big resistance on the 3000.
This is main target fore the market.
3000 is long-term resistance. It's hard to break.
Monday opening will be very important for next global move.
If price open near 3000 we can expect further bull move.
If price will open below dynamic resistance,
we will have chance for longer depression around stocks.
Bearish overtake will confirm longer bear market consider below 2300 gap.
Stay profitable
BR Artem Crypto
Will S&P500 avoid a selling panic amid coming Q1 reports? HELPThe S&P500 is enduring tense economic times with high money injection.
If next week S&P500 crosses 2690 a critical support level with high volume ==> It will be bad that may trigger a market selling panic with volume stop losses executed downward.
However, if the S&P500 continues its uptrend movement and crosses 2872 with strong volume, the next resistance and TP is at 2977.68 and TP2 at 3200.
Happy trading and stick with smart money attitude
S&P500 deep dive (Part 2)Very nice rising wedge forming at the daily chart with incredibly high probability to break down this week.
SP500- Time to sell?Yesterday SP500 dropped from the strong resistance/sell zone.
I believe the downtrend will resume and the index is preparing for another drop.
I bearish as long as the price is under 2900 and only a close above would give me a reason to reconsider.
Sell rallies can be a good strategy
S&P500 my thought about recovery~3000 is great short term sell opportunity
Be careful bearish bias. This is just my thought about wild market movements. Price can never be predictable.
SPX500 Short Range for Tue Apr 7, 2020Previous Close: 2663
Top range: 2733
Bottom Range: 2409
Bias: Short
12:50:40 (UTC)
Tue Apr 7, 2020
#SP500,The declines to where?The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line
According to Stochastic and RSI, the declines have not yet come to an end.
Right now the SP500 is still very technically bullish
Our target will be above the 200 moving average line: $ 2686
E-mini S&P500 index 2020 year forecast by PowerfulTradersTraders we do not like to write more.
The prediction of the price you can find on chart!
Regards, Team Traders "Powerful Traders"
