Sp500long
SP500 INDEX / US500 INDEX - Buy NowYes Correct its Bullish.
If you see the 50EMA is below the candles and crossed the middle bollinger band which is a bullish sign. And RSI shows that if rate come from above and bounce backed from the 50 level of RSI (red horizontal line) shows a bullish movement and it was tested few times which is circled in yellow.
Take profit in yellow box.
Note: Trade at your own risk and this analysis without any fundamental.
Like and Comments on us. Will come back with more opportunities.
The SPX500USD fractal shows no panic... The fractal analysis in the current weekly timeline shows only one corrective motion. Its size is larger, as a 2X fractal appears to be formed. In this case, we can expect another significant increase. Since fractal signals and the trading fundamentals are completely opposite, I will return to looking for a long position after a few days of ascent.
Where's the S&P headed?Someone once told me that the S&P is the "All-Star Team", many have opinions on it, but almost impossible to find anyone who could consistently predict where it's headed.
This chart shows the bearish case, which seems reasonable except that Many people are seeing it and the S&P doesnt follow what people think will happen. With volatility at current levels, it's best to short or day trade it as direction isn't clear at this point.
Bearish case:
1- Megaphone top
2- Broken trendline
3- much damage has been done to the uptrend
4- Bearish seasonality until beginning of October
5- Tariffs and china devaluing the Yuan
Bullish case:
1- still hasnt dropped and closed below 200 Day MA
2- All CB's easing >> "Dont fight the fed"
3- Shock events like the ones we had the past few days usually end with selling culmination followed by a melt up and fuel for a big rally, and we might just have had that on Monday, think of Brexit, China in Aug 2015, Elections night
4- at this point the worst seems to be priced in or almost
5- Earnings strong and expectations are low
6- Almost all "widely Known" bearish setups (like the megaphone now) fail
I'm currently neutral, let's see if 200 Day MA gets tested or if Bulls reclaim the 100 and 50 Day MA's
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S&P 500 10 000$Hi all many of you that see this might think that its a total nonsense but I try to be radically open minded when it comes to today's world. Since recently many of the economists have been thinking that ZIRP and NIRP are absolutely impossible even not worth discussing but as we can see half world is full with negative yield bonds etc. We are living in interesting times something that people from China might think as a curse but in my opinion we can capitalize and make fortunes if we are on the right side above the consensus. History teaches us that there are patterns that emerge everywhere around us but that can't be taken as possible future outcome. On the chart you see SP500 and overlayed EFFR starting from 1970. I have marked with RED arrows RATE CUTS and with GREEN arrows RATE HIKES and what impact that have had on stock market. GREEN VERTICALS show BULL signals where NEGATIVE MACD turns POSSITIVE on a M timeframe. In most of the cases when MONTHLY MACD turns possitive from negative territory the outcome have been much more favorable than anticipated and many good things have happened. What I believe will be the case is that FED is going to cut in JULY it will going too cut few more times in order not to disapoint markets and extend business economic cycle. FED has the balls to do so thanks to deflationary threats and low inflaton. I belive rate cuts will boost inflation in the mid-long term when CB will be pushed to HIKE again in order to cool down the economy when that happens a rate CUT might follow which will trigger next financial crisis. If we stick to history pattern from 1995 the cycle have been extended with 5 more year where thanks to rate cuts SP have gained more than 200% for 5 years. Being radically open minded might help you be on the right side of the equation and capitalize huge huge gains.
Thank you for reading
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S&P 500 E-Mini Futures Daily Time Frame Bullish $2,650.00The S&P 500 E-Mini Futures Daily
time frame is in an up trend. The
market is about +212 Ticks away
from the fib extension. I am going
to turn to the one hour time frame
and will look for counter trend line
breaks bullish for potential entries.
TRADERSAI - A.I. Powered Model Trades for MON 06/24Thursday's Raging Bull Essentially Stood its Ground on Friday! Can it Continue to Hold its Territory?
Last Thursday's all time high in the S&P 500 Index was accompanied by the month's second highest volume, shooting down concerns of weak volumes. And, it was followed by an essentially sustained highs with Friday's significantly high volume as well. Was it the beginning of another leg of the bull run or is it going to prove to be the last gasp of the market bull?
Our models indicate essentially the same trading plans from Friday for today, Monday 06/24. For details, please check on our site (not able to post the link here).
Good luck with your trading today!
#ES #SP500 #SPX #SPY #Fed #Record #Yields
A.I. Powered Morning Trading Plans - OutcomesThe chart depicts how the trading plans published in the morning - idea published on TradingView at 9:52am - tracked the market action. You can read the detailed results tracking at our site tradersAI.
Hope you all had a good trading day, and if not, remember that tomorrow is another day of opportunity to utilize the lessons learned and the experience gained. Good night!
S&P500 - BULLISHS&P 500 looks very bullish.
Target 1: 3550
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates potential support/resistance .
Green line indicates t/p.
This is a log chart.
This chart is made using fib channels.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
SP500 SPY ETF supply and demand analysis and forecastSP500 QQQ ETF supply and demand analysis and forecast for 22nd April 2019. SP500 SPY ETF is trying to break weekly supply at all time highs around 293.
There is a clear long term weekly and monthly uptrend with all time highs previously eliminated and brand new demand zones created on bigger timeframes like the one on the weekly timeframe around 281.
In an uptrend, supply levels are eliminated and demand levels are created and respected.NASDAQ QQQ ETF has already broken all time highs, expecting to see similar price action on QQQ and other american indexes like Dow Jones and Russell 2000 indexes.The bigger the impulse created by new imbalances of demand the better. There is no reason to go short counter-trend on SP500 SPY ETF when everything is heading north and new demand levels are being created. Trading with the trend is always higher odds.
S&P500 - Target 3100 I'm still bearish, but I believe price needs to move a little higher before the bears appear. A nice bull trap to break the all time high, before a reversal to the 1800 handle.
Calculating the mid point of the wave and using symmetry, the target should be around the 3100 level. Coming from another angle, I used another method to get close to the same result.
So the chart shows, both methods have a market top around 3000-3100. I have also drawn in the Elliot waves, which align with the mid point (wave 3). There has been no weekly or monthly sell pivot, and
with MACD indicator is confirming a continuation on the recent move up. Price still has more work to be done at higher prices.
SPX SP 500 LONG But possible Trendchange to come
Hello to all who follow my charts.
Today has been an interesting day.
Of course, the S & P 500 was still long and continued up the long trendline
But today we experienced a reversal day and that always does not bode well for the respective trend direction.
The day started normally, then went much higher in the end but to go deeper from the market. A reversal just.
Often, such a reversal day announces a turnaround.
So please be careful with long positions currently.
We have to see tomorrow what happens.
If SP 500 continues to move up the trend line, negate the Reversel signal or begin to tip over the trend lines.
We will have to take a close look.
Currently, the long scenario is definitely at risk.
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--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
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#SP500 On the way to another summit?As can be seen in the graph above, resistance has been breached and as you know we have a simple rule if support or resistance breaks it is very good to enter the market in this case we recommend buying with a target price of 2940 At this price, the sp500 will have a real test and we will see whether it will pass it successfully or that it has created a double top pattern
Buy sp500:
Entre Price: 2845
Stop loss: 2790
Take Profit: 2940
S&P 500 e-mini futures buy opportuntiesS&P 500 e-mini futures ES is offering buy opportunities with weekly demand level around $12737 in control. It took two weeks for new weekly demand to be formed after eliminating very badly structured weekly supply around $2820. There is nothing to stop price from rallying to S&P500 e-emini futures upper weekly supply zone around 2907.
No shorts are allowed, only longs at new areas of demand. If you are trading other trading strategies or even options, you can use this S&P500 e-mini futures analysis as an extra point to support your longs. We do not use any kind of indicators, we do not need indicators to plan a trade using supply and demand imbalances but if you use them, this analysis can help you.
You can use options to plan your trades, plain vanilla short term or longer term longs calls or bullish spreads to buy S&P500 e-mini futures. No shorts are allowed. Bullish bias.
SPX LONG S&P 500 Taken out The Resistance on Daily ViewHello to all who watch my charts.
Contrary to the opinion of many here is in my view S & P 500 a Long Setup.
As you can see we had it at the beginning of March
a short trend which I marked with the orange trend lines.
Now, however, the index has risen above all short resistance and has both major resistance levels
which I marked purple. In the near future no direct resistance is to be seen.
Next is at around 2870
That's why I see these Index in a long trend.
To be cautios here , its needed that SPX fall below
2800 and
2786
at end of day chart
If that wil happen the long setup is gone.
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--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
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