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Sp500short

S&P 500 ShortThe SP500 Index had a strong rejection after failing to get a clean break through the previous resistance at 2950 levels. The price level has now crossed below 50 days moving average and is testing the support/consolidation area. If the current support level does not hold, we could see a further move to the down side as bearish momentum has been building up since the downturn from 2950 levels and fundamentally the trade tensions between US and China isn't getting any better yet. Investors are still waiting to see what will come out of the meeting between Trump and Xi as they are expected to meet at the G-20 summit in June. A break below the 200 days moving average will be bad news for the market as it is a historically a strong technical support level that many traders keep a close watch on.
SP:SPXShort
by BrianChai
S&P to see BEAR market really soonUsing the Elliot Wave Theory on the S&P, if this plays out, things could get really ugly in the near future. US economy already looks weak with the fundamentals lining up We already recently seen a strong climb back up with the bulls seeming to exhaust out. S&P has already started to see some significant red candles over the past few days. Could this be the start for us to head back down to equilibrium of where prices should be normalized once again and get out of our over inflated market and economy. We shall see !
SP:SPXShort
by KennySniper
S&P 500: Headed lower?Since this "miracle" rally began after Christmas, many investors have wondered when shorting seems like an option. In my opinion that time has pretty much arrived. Of course during this rally there were some small short opportunities but then again trading against the trend can be tricky and costly aka "The trend is your friend". On the other hand we have of course the full saying "The trend is your friend until the end when it bends". In my opinion that bending has pretty much started. As seen in the chart after the new ATH it started a decent, making the DMI's cross and tipping the SAR in "reverse". Now the SAR isnt always perfect so generally I wait a few days for confirmation just like the ADX/DMI because technically the ADX needs to be above 20 to be "trending". After a few days it dipped below the Wilder's MA and staying below that even after a short "bull" move. In the same period the DMI- showed that negative pressure still had the high ground even after a couple green candles. Now that the ADX line reset itself I think we can see the start of a new trend more clearly. First of all a break through the 2800-2820 zone would be best since that this area has some history of being a "sup/res" point. After that is completed I expect it to drop about a 100 points tot the 2700-2720 area. That would be more a psychological barrier but has some ground as support. Finish that I think a target at 2600 would be reasonable. Any questions or comments feel free to do so. Please keep it civil! Other than that I wish you Happy Trading. Disclaimer: Use this analyses however you want, but don't come knocking on my door for your losses. Trading this would be your own risk and I'm not obligated to take responsibility for that.
TVC:SPXShort
by HungrywolfNL
SP500 crazy ideaat least T1 around 2700 strong signs for it T2 2550 maybe but low chance T3 crazy! breaking the long time fibo channel to retest the previous low? very low chance T4 insane! super insane actually! If the market crashes it has the potential that history repeated. which history? look at the chart and I showed there. Super crazy though! There are very good fundamentals around companies and I honestly do not even see target 2! but name is crazy idea so lets think crazy!
OANDA:SPX500USDShort
by Alirezaaa
The USA vs CHINA a view over the 2 Index by ThinkingAntsOkUSA vs China -Trade War between those two country’s has shown how the markets react on a Negative way to this kind of events. -Since May 1, Sp500 futures have been falling 5% from Historical Higher highs due to conflicts with China, however, China Index has been on a bearish movement since 17th of April accumulating a bearish move of -10,21%, more than twice of the E-mini SP 500 -While this conflict keep on going we can expect markets to keep reacting on a negative way -On E-Mini Sp500 we can see that price is inside a bearish channel since the beginning of the movement, this channel has been working as the main trend of that move. - By Elliott wave theory we can label this structure as a Complex corrective form “ Triple - Threes” and we can expect price to reach again the bottom trendline of the bearish channel, before starting a correction of the whole down movement - On China Index if price consolidates below 10645.00 we can expect a continuation of the bearish trend towards 9962.00
CME_MINI:ES1!Short
by ThinkingAntsOk
1
UPDATE ON SP 500 OVER +1300 PIPSNow a couple of weeks ago, maybe a month ago. I sent out the long term analysis on what the heck will happen with SP 500. Told all LEH traders to use the calculate the stop loss of 300 pips accordingly towards their account amount. This is the best trade for the year so far. I didn't expect it to drop so fast, assuming it will take at least a couple months before we reach +1000 pips but here we are, enjoy your profits folks. The analysis is in the related ideas. Cheers, Thomas
FOREXCOM:SPX500Short
by mrleh
Stocks Likely to Close the GapWith the trade war escalating, stocks are likely to continue their slide. Investors world wide were hoping for clarification on the trade war, but what they received was an ambiguous tweet that was later deleted. China appears ready to escalate, which should add to the tensions and risk off tone. Stocks are very likely to close the gap down to lower levels, through the vacuum zone. The Kovach Momentum Indicators have waned a bit, but momentum is likely to pick up closer to open. After testing 2837, it is likely that they will slice through this level if fear persists.
CME_MINI:ES1!Short
by quantguy
SP500 Trading Firmly in Upward Channel_Practice PatienceI must admit, I've been bearish this entire ascent. Taking a step back, the trend is clear as day--the SP 500 is trading firmly inside an ascending channel. I tend to disagree with those that have drawn the upward channel more along the lines of an ascending wedge--in other words, there's room to run to the upside. The ascending wedge pattern shows less "room" at the top of the channel, meaning a breakout up or down is imminent. Everyone that follows the core indices is aware that bearish signals abound (overbought, divergence, etc.), yet the market continues to grind higher. Pullbacks are quickly bought and price has continued its ascent. There's been two "touches" of the lower channel, similar to the 2018 fractal, so something to keep in mind. My playbook is to wait for confirmation that a breakdown is coming...forego capturing any gains trading inside the wedge and wait for a true signal. Learned some major lessons these past four months...challenge your internal bias and play the trend bc its clear as day on this chart. Wait for true confirmation. Please like if this is helpful. MS
OANDA:SPX500USD
by mikestoneusc
If you already sell, then now even more! #SP500We recommend a sell signal although the trend is bullish and very risky to trade against the trend, the reasons are: 1. In the daily graph, we have a Double top and a stochastic that started its decline. 2. On the weekly chart according to the Stochastic, we are completely overbought (looking at the past we can see that this did not always cause significant declines) 3. On the monthly chart according to the Stochastic, we reach the last top line of the overbought Our target 2775 Current price: 2928
OANDA:SPX500USDShort
by xosignals
Short S&P 500 Potential Bearish Wedge We currently see the S&P 500 in an uptrend as the index gaped higher Friday above the key resistance level at $2900 on the back of strong Q1 earnings from JP Morgan, Wells Fargo and PNC. This is confirmed by the 20 day moving average of $2836 having risen through the longer-term 100 day moving average of $2698 indicating a buy alert. Also, the 50 day moving average currently at $2783 has crossed the 100 day moving average confirming the buy signal. Additionally, the RSI is currently 69.3 nearing the upper end of the range ie: 70 signalling the index is on the verge of being overbought. As a result, we see a potential bearish rising wedge for the S&P 500 with higher highs and even higher lows with prices breaking resulting in a correction towards the key resistance level at around 2600. Therefore,we expect the index to continue rising towards it’s all time high around $2940 before a possible subsequent sell off.
SP:SPXShort
by KQMarkets
It's not about "if" it's about "when"?Hi guys. As you can see extreme greedy Wall Street doesn't give up so easily. As always... We are very close to retest january 2018 highs or create double top by november all time high . No one really knows if this crazy market will continue up but I am sure we are already in a bear market and just consolidating before market collapse. Price is being squeezed inside "wedge" like pattern and should be reversed in 1 - 2 weeks. If we see breakdown of the 2800 support, I expect huge seloff very like at the end of 2018 but with new lows. Take care! -dp-
FOREXCOM:SPX500Short
by DataPatron
2
SPX Weekly Candles Signal a Turn to Bottom of Channel!The S&P 500 has been in a bullish channel since 2009. The 200 day moving average has stayed within this range. Last week's rejection at the top of the channel paired with a bearish hammer signals a reversal. There is a potential for this to be a bear trap, so keep an eye on weekly closes. A likely scenario is we revisit the top of the channel around 2840 and get slammed down to the 200 DMA. Re-evaluate your SPX shorts here, (2750). If the 200 DMA breaks down there is a chance we will fall to the bottom of the channel, (2440). This is still a bullish trend. If we break below this channel the bear market will be confirmed. This is not financial advice. Do your own research. -Whistle
SP:SPXShort
by WhistleTips
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. ---------------- --This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research--- ----------------
CME_MINI:ES1!Long
by Renkotrade
short at 2835 and tp around 2800 before FOMCshort #SP500 at 2835 and take profit around 2800 just 48h before #fomc also i notice many rsi divergence and all this move up is only speculation for me and at a time buyer will take them profit. also all this move up is only speculation so before an FOMC as market exploited near already all the dovish comment and all thing to have a reason to go up...is dangerous to them to keep them position before an FOMC because not much thing can made them pulse up again...a probality to go more deep down more than 15 % in coming 1-2,3month is high but for now i play just a pullback as i think is a good timing to buyer to take them profit
OANDA:SPX500USDShort
by corsicasia