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Sp500short

Stocks moving lower !! US500 Intraday - We look to Sell at 3893 (stop at 3948) Preferred trade is to sell into rallies. We look for losses to be extended today. There is scope for mild buying at the open but gains should be limited. Previous support, now becomes resistance at 3900. Expect trading to remain mixed and volatile. Our profit targets will be 3732 and 3701 Resistance: 3900 / 4080 / 4300 Support: 3800 / 3720 / 3666 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:SP500Short
by VantageMarkets
United States equities market may have more upside momentum. S&P500 Chart ( U.S benchmark Index; expresses how 500 large U.S companies are performing) Bullish: $4800 — Bearish $3400 (Based on some analyst, economist and wealth strategist) Where the fundamentals and technicals make sense. The Good but Bad news Employment change and jobless claims rates announced today is the “good but bad news”. The economy slightly remains in a “growth” phase indicating we have a little more gas in the tank.(Some analyst think we can drive until year end). Whereas the Federal reserve is trying to ease inflation to slow down economic “growth”. We can see now why the equities market is bearish and slightly bullish at the same time. - Payroll and unemployment rates are announced tomorrow morning @ 830am(Eastern Time) Cheaper GAS prices? Earlier this week EU leaders also banned Russian oil contributing to the scarcity of oil and an increase in gas. Saudi Arabia has agreed to increase oil production to help assist with the oil supply issues. We may not have to stand in the heat this summer to watch the gas meter after we’ve chosen between a full tank or an overpriced bottle of water for while we still stand and watch the meter. lol The feelings of uncertainty -Larry Fink (CEO of BlackRock) comments on economic conditions. Sourced from an exclusive interview on Bloomberg.com Suggest the equities market will provide investors with the feeling of uncertainty in the near future. Supply chain issues, policy changes and the transition to a consumer based economy are the causes of inflationary problems. “The Federal Reserve doesn’t have the tools to fix these issues”—a comment from Larry Fink. While the federal reserve can slow down consumer spending and business growth is still doesn’t address the supply chain constraints, company business models and for those who still have enough in the bank or earn enough to afford — consumer demand. Comments: The bullish sentiment may be from an expected decrease in gas prices, steady employment and job growth, consumer spending despite being overpriced. Indicating businesses net income and revenue still have some room to grow. The bearish sentiment may be from the federal reserve expectations of an increase in unemployment, jobless claims and interest rates. Along with a decrease in job openings, consumer spending and banks holding on to more cash. So, whether you’re a fundamental or technical investor/ trader, here’s both. Be careful where you're putting your monies.
BLACKBULL:SPX500Short
by charrison4300
SP500- Bulls MUST hold 4070-4100 zoneLast week was a very good week for SP500, with the index reversing strongly and rising back above 4k important figure. However, after reaching 4.2k, SP500 has started to drop and now is trading at 4120. It remains to be seen if this is just a correction for the previous leg up or a resumption of the downtrend, but one thing is clear for me: for SP to remain bullish it needs to stay above 4070, if not, a new visit to previous low is very probable. Although at this moment I don't have an open trade on SP500, my opinion is that the downtrend is not yet done and we will have a new low around 3.5k in the medium term. I will become bullish if the index manages to get back above 4.3k
OANDA:SPX500USDShort
by Mihai_Iacob
10
ES1! - S&P 500 Too High Too FastFrom yesterdays session, they strangled the S&P too high too fast. This will probably lead in a nice short micro crash to the center line. Do you see the daily chart? Price is exactly at the center line, and a 50% warning line confluence. Price just follow the rules of the Andrews Medianlines: "If price breaks through any Medianline, it pulls back to it, before continuing it's path." This would indicate that price, even on the daily chart, would decline further. And chances are, that the short term trade to the red center line contains a high chance to work out. Details: - price opened outside the orange pitchfork = price is reversing (south) - a test/retest up to the L-MLH of the orange pitchfork is highly possible, even above the last high of 3973.75. - the stochastic is in overbought territory, preying to relieve some steam The Trade is cooking. Now there's nothing else to do than wait and observe. Happy Friday everyone.
CME_MINI:MES1!Short
by Tr8dingN3rd
1
Following the S&P500 waves to the bottomThe big moves this prior week call into question where we could possibly be. Are the recession fears valid and will the market tank for the remainder of the year or is the bottom truly near? Let us study what Primary C could possibly look like. DATE TARGET Primary wave A’s length tends to contribute 30-40% of the movement of the larger Cycle wave in which it resides. Primary wave A was 35 days long. This means Cycle wave 2 could last between 87.5 and 116.6 days long. Primary wave C tends to contribute 35-40% of the length of the larger wave. If Cycle wave 2 is 87 days long, wave C would contribute 30 to 34 days of it. If Cycle wave 2 is 116 days long, wave C would contribute 40 to 46 days of it. Primary wave C began on March 29, 2022. Potential end days based on this paragraph of analysis would be: 30 days is May 11 34 days is May 17 40 days is May 25 46 days is June 3 This means the bottom should occur no later than June 3. The length of Primary wave C tends to be 107% to 171% of Primary wave A’s length. With Primary A being 35 days long, C could be 37 to 60 days long. 37 days long would be May 20. Through the incorporation of the prior paragraph, wave C could possibly end between May 20 and June 3. PRICE TARGET Primary wave A’s movement tend to contribute 40-70% of the movement of the larger Cycle wave in which it resides. Primary wave A dropped 703.97 points. This means Cycle wave 2 could drop between 1005.67 and 1759.93 points putting the bottom between 3058.69 and 3812.95. Primary wave C tends to contribute 60-68% of the movement of the larger wave. If Cycle wave 2 drops 1005.67 points, wave C would drop 603.40 to 683.85 of it. This would place the bottom between 3953.45 and 4033.90. If Cycle wave 2 drops 1759.93 points, wave C would drop 1055.96 to 1196.75 of it. This would place the bottom between 3440.55 and 3581.34. So far, our probable bottom could lie between 3440.55 and 4033.90. Primary wave C’s movement also moves 126-196% beyond that of wave A. This means wave C could drop 887.00 points from where wave A began (4818.62 was starting point) to 1379.78. This would put the bottom between 3438.84 and 3931.62. Our bottom has now narrowed to between 3440.55 and 3931.62. Another statistic is the ratio between Primary wave A’s movement and Primary C. Wave A’s movement tends to be 0.63 to 1.35 times greater than wave C. This means wave C could drop between 521.456 and 1117.41. This would place the bottom between 3519.89 and 4115.84. Our bottom has now narrowed to between 3519.89 and 3931.62. Lastly, the ratio at which Primary wave B and wave C move in relation to wave A can also be considered. This ratio is normally 0.32 to 0.50. In the current scenario, wave B moved 74.24% of wave A’s movement. This means wave C could move 148.48% to 232.00% of wave A. This is calculated in relation to the level at which wave A started (4818.62). Wave C could drop 1045.25 to 1633.21 from 4818.62. This would put the bottom between 3185.41 and 3773.37. Based on all of the analysis found here, the bottom should occur between 3519.89 and 3773.37 during a timeframe between May 20 and June 3. I will provide at least one more analysis once I determine where Intermediate wave 3 occurred. If it occurred at the point identified, then intermediate wave 5 can last no longer than 7 days because that would be the length of the wave 3 which is the shortest wave. This would put the bottom no later than May 13, which heavily contradicts this entire analysis. This contradiction does not make sense which leads me to believe we will still experience a significant market drop this coming week.
SP:SPXShort
by StockSignaler
1
Recession will push S&P500 down further - Bearish Stock MarketLooking at historic recession losses of the S&P 500 and given the current market conditions pointing to a recession one has can derive more downward movement for the stock market. Looking at the S&P 500 there is still a lot of room downwards to an overall 20-40% correction down into the recession from the last ATH. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
SP:SPXShort
by CarpeMomentum
SP500 in sitting on support, breakdown is imminentIn my previous analysis regarding SP500, I said that I expect a drop under the 4k figure and things are getting closer and closer to that moment. Looking at the price action for the past 4 months, we can see that after a very bad start of the year, stocks have tried to recover, but sellers capped gains in the 4.5-4.6k zone. A new attempt of recovery started in late March, but again, sellers took control in the same 4.5-4.6k zone. Going further into last week, we can see that after reaching support again, SP500 rebounded on We and Th, just to sell off hard on Friday. All this price development, for me at least, is very bearish and I expect a break of support. In the medium term, my target remains 3.5k, September and October's 2020 highs, and also Fibo 50% for the start of "pandemic" rise, and only SP500 back above 4.6k is bullish in my book. Of course, also my strategy remains the same: Sell Rallies
VANTAGE:SP500Short
by Mihai_Iacob
18
SP500 can drop under 4k and enter bear market territorySP500 has started 2022 badly and things look like will get worth. After an initial drop to 4.1k, the index tried to recover, but 4.5k proved to be a strong ceiling and SP500 rolled back down. Now the index is trading in February's low and I expect a continuation to the downside. A drop under 4k would be significant for SP500, both psychological and marking more than a 20% drop (bear market, at least by the book). In such a case, panic selling is a very probable scenario, and the price can drop fast to 3.5 support. I'm very bearish SP500 and I will remain as long as the price is under 4.5k
SP:SPXShort
by Mihai_Iacob
10
Buckle up as SPX history's ride is not overUpon research, waves ending in C33 (our current situation) perform wave extensions greater than 150.98% for the S&P 500 index. A cluster of wave extension maneuvers occur around 200% for this same dataset. Inside of Intermediate wave 3, where we should be now, we are also inside of Minor wave 3. Minor wave 1’s name structured ends in C31. It began shortly after the open on April 21 at 4512.94. It then dropped 312.12 points and ended before noon eastern time on April 25. Mathematically speaking 312.12 x 150.98% = 471.239. We would then take this value and subtract it from the level Minor wave 1 began from to determine a possible bottom for Minor wave 3. 150.98% could place the bottom around 4041.70. However, 150% is the minimum drop according to historical study of the index. The maximum drop is 401.66% of Minor wave 1 which would bound our possible drop here to 3259.28. I think we are safe from the latter, however, the most common drop zone is between 192.65% and 202.84%. I like strong pockets of data as long as they are realistic which is the case here. This means the index is not done with quick large drops. We could get below 3911.64 while remaining above 3879.84 within days. This is a minimum drop of 263.57 more points based on today’s close (3879.84 bottom = drop of 295.37).
SP:SPXShort
by StockSignaler
4
The bottom is in sight, well sort of...Another wave completed (Intermediate 2) gives us a better idea of where Intermediate wave 3, Primary wave 3 and Cycle wave 2 will end. I now have us in Sub-Millennial wave 1 (began June 1877), Grand SuperCycle wave 5 (began March 6, 2009), SuperCycle wave 3 (began March 23, 2020), Cycle wave 2 (began January 4, 2022), Primary wave C (began March 29, 2022), Intermediate wave 3 (began April 21, 2022) and Minor wave 1. The shorthand for this wave is 1532C31 which is based on wave letters and numbers combined. We are either in Minor wave 1 or a sub-wave thereof (Minute wave 1 is the other likely wave). The first thing I have tried to complete is identifying the current sub-wave structure, but the past two days have almost traded in a straight diagonal movement downward. This below chart tries to identify impulse wave characteristics. My indicators at the bottom attempt to find the signals of a wave 3 and also look for the best agreement in the indicators. I have placed preliminary wave numerals on the chart as well, but these will most likely change as the wave plays out. The most agreement for wave 3 is shortly after noon Eastern time from Friday April 22. The most significant non-diagonal movement occurred at the end of the day on April 22. This could be the final drop in Minute wave 1 and possibly Minute wave 2 action culminating in the beginning of Minute wave 3. The sell-off on Friday does make a Monday rally possible, but it will not last long if it occurs. WHERE WILL INTERMEDIATE WAVE 3 END? The models have Intermediate wave 3 lasting 6, 7, 9, 12, 14, 15, 16, 17, or 19 trading days based on waves ending in 2C3. Model agreement above 21 is weak while the strongest agreement is on 7 trading days followed by 19 and then 16. Seven trading days would put the low on May 2. The Fed meets May 3-4 and will likely raise rates 0.75% or higher. The bottom may occur once their decision is public the final day. May the 4th be with you in finding the bottom. A method for finding the bottom include wave movement extensions from the respective wave 1 movement. Intermediate wave 1 began at 4637.30 and dropped 255.96. Typical Intermediate waves ending in 2C3 move 117.97 – 143.91% of what wave 1 moved. 143.91% would put the bottom at 4268.95. Friday’s low was 4267.62. The problem is that we are already at these levels and there is clearly more time in Intermediate wave 3. There are some historical outliers at 420% and 950%. A Fibonacci extension at 161.8% (4223.16) will occur too quickly as well. These outliers and our current drop hint that this method will not help. Scaling back and studying waves ending in C3 alter duration slightly. The most agreement is on 12 trading days followed by 7 and 19 days. Using the wave 1 movement extension method also provides more reasonable price targets which is 263 - 363% of wave 1’s movement. This would put the end of Intermediate 3 between 3706.73 – 3964.07. There is strong agreement between 3947 - 3964. This indicates we still have at least 300 plus points to drop over the next week or two. Intermediate wave 3 will ultimately be composed of 5 Minor waves. As each wave completes, I will continue to provide updates as to potential target bottoms and timeframes. WHERE WILL CYCLE WAVE 2 AND PRIMARY WAVE C END? CYCLE WAVE 1 DATA SAYS… Cycle wave 2 which began in January could last 45, 47, 49, 58, 68, 75, 78, 81, 85, 90, 95, 101, 104, 110, 111, 118, 125, or 150 trading days according to my models. Strongest model agreement is on 90 days. Wave 1’s length is usually 9.259 to 10.11 times larger than wave 2. This would have placed Cycle wave 2’s length around 45 days. The common smaller ratio for 1 to 2’s length is 2.529 to 4.333. This could put the length between 104-178 trading days. Friday April 22 was day 75 and we are clearly not done yet. Most C waves drop below the bottom of their wave A. Since Primary wave A bottomed at 4114.65, Primary wave C should drop to this level at a minimum. At the quickest we would be 2-3 days from this point, however, we are still in Minor wave 1 down and require a Minor wave 2 moving up. This means we are reasonably a week or two at the fastest from ending Cycle 2. My models are projecting even longer. All this to say, Cycle wave 2 will likely be longer than 90 trading days and likely over 100 in length. Overall projected price targets see the most agreement with a bottom around 3850, however the range of potential bottoms are strong between 3571 and 4075. Wave 2 tends to retrace the movement of wave 1 between 19.89% - 76.95%, with most occurring around 24 - 46%. With Cycle wave 1 gaining 2626.76, a retracement of these magnitudes would have the following bottoms for Cycle wave 2: 19.89% puts the bottom at 4296.157 25% = 4161.93 30% = 4030.592 35% = 3899.254 40% = 3767.92 45% = 3636.578 Wave 1’s movement in relation to wave 2 is typically 1.299 to 5.02 times larger. On average wave 1 is 3.138 times larger than wave 2 which could see a bottom around 3981.53. PRIMARY WAVE A DATA SAYS… Primary wave A’s length typically accounts for 19 – 38% of the overall length of the wave it resides inside. This could make Cycle wave 2 between 91 to 176 days long. A strong reoccurring pocket in this dataset could make it 91 to 118 days long. Primary wave A’s move commonly accounts for 70.81 – 79% of the larger wave’s movement. This could see Cycle wave 2 ending between 3824.45 – 3927.40. PRIMARY WAVE B DATA SAYS… Primary wave B’s length typically accounts for 12 – 50% of the overall length of the wave it resides inside. This could make Cycle wave 2 between 46 to 178 days long. Two strong reoccurring pockets in this dataset could make it 106 to 108 days long or 168 to 178 days long. Primary wave B’s move commonly accounts for 32.91 – 61.2% of the larger wave’s movement. This could see Cycle wave 2 ending between 3230.50 – 3964.62. A strong reoccurring pocket is 3230.50 to 3283.22. The strength of this pocket cannot be ignored; however, it appears to be an outlier next to all of the other potential bottoms throughout this analysis. It would also require Intermediate wave 3 and wave 5 to drop many hundreds of points beyond typical behavior to achieve it. INTERMEDIATE WAVE 1 DATA SAYS… Intermediate wave 1 tends to contribute around 27% to the length of the larger wave it resides inside. This means Primary wave C could last 37 days. This aligns with Cycle wave 2 lasting 95 days. On a targeted scale, Intermediate waves ending in C1 typically account for 5 – 41% of the larger wave in which they reside. This would have Primary wave C lasting between 24 and 190 days. The median length of Primary wave C could last 33 (making Cycle wave 2 - 91) days while the average would be 41 (Cycle wave 2 would be 99). INTERMEDIATE WAVE 2 DATA SAYS… Intermediate wave 2 tends to contribute around 10% to the length of the larger wave. This mean Primary wave C could last 55 days and end by mid-June. On a targeted scale, Intermediate waves ending in C2 typically account for 3 – 12% of the larger wave in which they reside. This would have Primary wave C lasting between 50 and 188 days. The median could be 72 days while the average is 55. These results appear much higher than other data and is among the least reliable for this analysis. Similarly considered on the movement side. The bottom for Cycle wave 2 could be between 1831 - 4457 with an average around 4207 and a stronger data pocket between 3911-4227. Based on the other information throughout the modeling and this analysis, the low end is most likely in this case. CONCLUSION The likely future is contained in this analysis. Intermediate wave 3 will finish first and my target based on this data somewhere around May 4 and below 3968. Wave 4 will briefly move up before we finalize the bear market near the end of May. My current expectations is the low will be no lower than 3600, but we shall see once Intermediate waves 3 and 4 end. I hope you like this and feel free to follow me for more.
SP:SPXShort
by StockSignaler