ES heading down to 2500s?The big picture clearly shows that ES could not get back into the trend. We can expect sharp down movements. I have market the middle of the trend line on the chart. That's the most important support.
Disclaimer: This is not a financial or investment advice.
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Atilla Yurtseven
Sp500short
SP500 critical resistance The long term trend of SP500 is still within uptrend.
But do take note it has just hit critical resistance zone and trend resistance.
Think about any fundamental that could push SP500 even higher? - No.
Profit to loss for short is attractive for a short trade.
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
Short US SP500 From here, 2900-3000 levels is a good entry for short positions on US500.
A retrace back to 2700 levels is incoming and perhaps below 2500.
S&P500 Bears Smell Blood, Bulls Stuck in Mud, Listen to the FUD A simple S&P500 chart displaying concerns on many levels. Looking at how my old chart played out, I think we will see a return to the lows around 2200 as we have met resistance around 2800.
This is a speculation of whats to come and not financial advice.
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
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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.
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 (Y20.P2.E3).Inverted Barr formationHi all,
Looking at the overview of the whole of the SP500, I can see why it was due for a correction.
The following charts try to demonstrate this explanation.
I do see price trying to return to the main channel but it will take some time, as many experts state.
For the immediate term, I see the price action to threaten to pass the lead in trend line.
It was rejected at its first attempt, it has the potential to be rejected again but 3rd time I would suspect it will pass.
Once it passes this line, I do expect it to be retested as support.
If you look at my previous post, it now is invalidated based on this new information.
4 HRLY chart
12 HRLY chart
Daily chart
PREVIOUS POST
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
Hanging Man weekly candle and strong resistance level SP500I believe the market has reached a very strong resistance level and will be going lower for the next few weeks.
Bearish scenario for US500 / SP500I believe that the US500 will be trending lower in the next few days.