Get started

Sp500short

#Overview: S&P 500 #SPXNow The S&P500 formed a double top (the first peak was formed on April 29). The middle level of the range (2879) was passed without a rebound and the price went down to 2818 as I expected. Buy when the resistance zone of 2947-2972 is destroyed. Relationship between the USA and China became worse, the economic situation is a kind of disaster and the consequences of the quarantine has a strong impact and so I expect continuation of moving S&P500 to the South. Daily chart Daily candle closes below 2856 = a signal for the next stops at 2730 and 2630. The price can quickly return to 2280 with a negative background, so this is a magnet, upon reaching which the market could try to rebound on the expectations of a double bottom and a W-shaped recovery. Monthly chart S&P500 dropped to the level of the 30-year moving average sma-360 (the lowest point was 667) in the crisis years of 2007-2009. Now we've got perfect conditions to repeat that touchdown. For the current month, the value of sma-300 (25-year-old moving) confluent with the key support of 1500, and sma-360 (30-year-old moving) is at 1300. Thus, magnet = zone 1500. Nearest supports = 2507 and 2120. The nearest resistance which hasn't been broken recently = 2873 and this is the level of the fast moving average sma-25, which confluent with the extremum of January 2018. Summary The downtrend is on its way. Shorts are in priority. Keep cash in your pocket (more than 60% of the portfolio). Positive recovery is possible after the price breaks through the resistance zone of 2972 and closes the day above it at least. PM me for requests of TA (free). Like if useful. Subscribe. Be healthy. Stay safe.
TVC:SPXShort
by antipanicos
Lets take a ride with the S&P500The mother of all indicators of overall market health is the SP500. The market has finally retraced to the .618 levels after the initial market drop during Feb and March, now what? The formation and reaction to this pattern tells us that we are probably going to be heading down for a larger fall than I have indicated for our first target. We could see a continuation of the sentiment that originally drove the market south a couple months ago starting now. This trade gives us a great risk reward and can be taken with a short trade in the futures market, of the SPY etf or by taking a LONG trade with the inverse etfs: SH, SDS or SPXU (depending on your risk tolerance)
CME_MINI:ES1!Short
by TechnicalPOV
S&P 500 ready for a reversalThe Fibonacci Retracement level of 61.8% shows signs of holding and a possible reversal of the trend of the S&P 500. Optimism and trust in FED are driving the current upwards of the stock market. However, FED can't cure what's underlying the stock market. Also, FED's actions could connive another problem, an entry to deflation. Deflation could become a real concern if consumers don't start spending and the reopening of the economy is no guarantee of instant recovery of spendings. Research shows that the normalization of consumption will likely take some time. Too early reopening could also create a second wave of infections further harming the economy. Despite if the Fibonacci Retracement level of 61.8% won't hold I'm convinced that a setback is coming, sooner or later.
SP:SPXShort
by krisu619
1
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
OANDA:SPX500USDLong
by ssari
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.
SP:SPXShort
by therealconi
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
OANDA:SPX500USDShort
by corsicasia
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
OANDA:SPX500USD
by corsicasia
S&P500 SELL SIGNALHey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. S&P500: Daytrade-Preparation Market Sell: 2945,00 Stop-Loss: 2978,00 Target 1: 2917,00 Target 2: 2880,00 Target 3: 2856,00 Stop-Loss: 33 pips Risk:1% Risk-Reward: 2,7 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
8
SP500- V shape recovery? Yeah, sure...More and more people are calling for a V shape recovery and for certain the chart looks like this. And if you ignore the economical and fundamental facts we can all be happy, drink margaritas and sing Kumbaya, for sure most of us will be out of a job and have time to spare... Leaving the joke aside what's happening on Wall Street looks like desperation and distribution on higher prices, not at all like a V shape recovery. From a technical point of view, SP500 is in 3000 zone resistance and it can easily pass this to "make the news", it will last, for sure, NO! In my opinion spikes above 3000 should be sold for a drop to 2200 zone.
OANDA:SPX500USDShort
by Mihai_Iacob
6