Sp500signals
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
⁉️ S&P 500 Weekly Analysis✅ Here I am looking for a long position if the price take out the liquidity below PWL (previous weekly low) and rejects from the daily bullish orderblock + institutional figure 4200, also the price has to fill huge imbalance left behind.
S&P500: Check Your Air SupplyS&P500 has to check its air supply because it must decide whether it should dive until the bottom of the turquoise zone between 4251 and 4135 points immediately or rather return to 4275 points first for some fresh air. Whatever its decision will be, we expect the index to start into a new upwards movement after finishing wave ii in turquoise at the bottom of the turquoise zone or just below it at the latest. To accomplish this upwards movement directly, though, S&P500 must not slip below 4101 points. Otherwise, it would have to swim through the magenta zone between 4086 and 3980 points before rising up again. Still, there is a 40% chance that this could happen.
SPY troubleHello Guys, this is a quick update on SP500. Last time I left you calling the double top and evening star pattern while many were expecting higher prices and possibly new highs. As you can see the double top has worked perfectly passing its target of 430. What can we see now? SPY has formed a perfect Head n Shoulder top. This is extremely bearish...if validated. As you can see many properties of this HnS are textbook (50 MA supporting the move, LH, LL). However, the volume is a bit atypical. We can see the volume has increased considerably at the beginning of the RS in an attempt by bulls to hold SPY on support. nevertheless, the rally was short-lived with volume decreasing and increasing on sell-off. I expect now a small bounce from here retesting the diagonal resistance (Head to Rshoulder) and a possible retest f the 50MA. If this attempt fails to break the resistance then I'll be expecting the HnS to workout perfectly.
The target would be 377 ish, or 3770 if you are tracking the SPX.
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SP500- Bulls need 4400 intactAfter dropping to 4250 in January, SP500 has started to recover and has risen to 4600 confluence resistance given by a falling trend line and a horizontal level.
A correction followed this move and, again, SP has stopped its descent in 4450 newly formed support.
If the 15% drop from the beginning of the year was just a correction or the beginning of a medium-term downtrend remains to be seen.
What is pretty clear at this point is that as long as the price stays above 4400 we can expect a new leg up and a daily close under this figure would expose the recent low, but more importantly would confirm a lower high at 4600, which is very bearish for the stock market.
P.S: Charts are similar for Dow30 and Nas100
SP500- We can have a bounce, but the outlook is bearishIn my previous SP500 analysis I said that I expect a break under the channel's support and that my target is the 4250 zone.
At this moment we have this break and we are halfway to my target. A bounce now is not out of the question, but this (in my opinion) doesn't represent the resumption of the uptrend, but just a corrective rally.
Bears can look to sell rallies around 4500 and slightly above and only SP500 back above 4700 would put a pause in this bearish scenario.
Things are looking even worst on the weekly chart:
SP500 has started the year with a strong bearish engulfing and all 3 weekly candles this year are read, with a very strong one last week
I would be surprised at all to see SP500 trading under 4k in the half part of the year
Good luck trading SP500!
Mihai Iacob
SPX's William % & Stoch weekly conflicting results !!!I could not find a set-up for both indicators ? for tops they both can stay up their hitting the Roof for months !!! .
it is like a dog chasing his tail !!! literally . For bottoms William is much better in searching for one. but, as usual
it gives quite early signal !!! which make it risky if used alone and quite frankly you could get caught in the middle or miss !!!
wish u all the best.
SP500- New ATH soon?Last week, SP500 found strong support in 4500 zone and reversed strongly and with a big impulse.
Now the index is in a small correction of this first impulse up and we can have a new leg up pretty soon.
4630-4650 zone is support at this moment and dips around here should be bought.
A drop under 4600 would negate this scenario and would put SP500 in no men's land
SP500: Top or Flop?After making significant gains, the S&P500 falls short of rising above the resistance line at 4711 points, which approves that this is an important mark. We expect the course to extend gains into the white area. However, an alternative drop ist possible, too. Here, the index would be in a bigger correction until the blue area is reached.
Exciting times!
SPX500 Long SetupS&P 500 Long Setup
🔵 Entry Level: $4485.5
🟢 Take Profit: $4598.5 (2.59R)
⛔ Stop Loss: $4441.8
Reasons:
- Expecting price to respect the lower trendline in the descending channel one more time before correcting to the upper one
- Entry level is also previous resistance level from August and September
S&P500: Final Steps!🎢🎢🎢The S&P500 has approached an area where we can slowly start to think about another corrective move by the index. Currently, there is still some room for the index to rise to areas around 4733 points. Then, it is time to cool-down a little bit. We expect the index to fall below 4584 points, before the bulls take over again.
Okaaaaay, let's go!
S&P500 Long and Short SetupS&P 500 Weekly Plan
Long Setup:
🔵 Entry Level: $4598.0
🟢 Take Profit: $4645.3 (2.05 R)
⛔ Stop Loss: $4574.9
Short Setup:
🔵 Entry Level: $4651.8
🟢 Take Profit: $4599.4 (1.59 R)
⛔ Stop Loss: $4684.7
Reasons:
1) A clear setup would be opening a long position at what was recently resistance, as it is likely to be turned into support. However, this is too obvious of a setup and I believe a lot of traders will place buy orders there, so I believe there may be a fake-out. As such, I will be waiting for a retest of that level and if it holds, I will open a long order. I am mapping this level at the moment, so that I am prepared.
2) The short order is placed at the upper trend line of the ascending channel. It has already been respected 5 times, so I will keep opening short orders until it either fails (price goes through it) or we stop testing it. With that being said, the entry may move up depending on how the price reacts in the next couple of days
S&P500: Rocket Science! 🚀🚀🚀It IS rocket science when we are analyzing the S&P500 and where it is about to go, because this thing is literally a rocket! We expect it to rise to areas above 4549 points. After a small correction, we expect it to extend new all-time highs above 4620 points.
Happy weekend!
SPX500 Short SetupSPX500 Short Setup
🔵 Entry Level: $4486.0
🟢 Take Profit: $4426.9 (1.28R)
⛔ Stop Loss: $4532.1
Reasons:
- Reaching resistance level at $4485
- Expecting either divergence or highly overbought level on the PVS Indicator by the time price reaches that level.
Game plan: If the price flips this resistance into support (tests it), I may close the trade prematurely and open a long trade until the next resistance level is reached at $4548
SP500 found strong supportWhat has started like a healthy and meaningful correction, has proven to be an anemic not even 10% drop for SP500.
The index found strong support at this moment in 4300 zone and as long as this area is intact we can see it challenge the all-time high in the next trading sessions.
I will look to buy dips in search of a good R:R for my trade
US500 1D: Possible SHORTUS500 1D: Possible SHORT
As we look at S&P500, we can see a possible fall from 4500 to 3400 in the coming months
S&P500 third consecutive triple DIV!Hi folks!
This - in addition to almost everything in financial markets ATM - is very scary reading.
S&P500 just flashed a third consecutive (i.e. uninterupted by an equivalent buy signal) Triple Divergence (RSI, MACD and Volume) since the covid-correction on the dialy. Usually, one such signal is a bad sign, but three consecutive ones is just madness.
Time to hand over the bags and buy volatility, short or just sit ut out completely - just everything else than being long the stock market.
For me, I have accumulated VIX futures (VIXY ETF) since the end of june at all times when it dipped under 16 to protect my long holdings. I sold almost all my other holdings late friday after the bounce - its just a terrible risk/reward ATM.
DYOR.
NFA.
Never take the word of others as a given - and never take advise from someone without skin in your game.
Is your money worth reading "maybe´s"Hello Trenders,
Been thinking a lot to or to not publish this signal. Many of you expect a deep on global level, therefore I here show you some mathematic forecast.
This may not be the end of the world, yet it is far worse than the most downbeat forecasts. The evidence to support this outlook is in plain
sight. Some sixth-grade math is a good place to begin the analysis. Make 2019 economic output 100 (the actual figure is $22 trillion; “100” is
100 percent of that number; a convenient way to measure ups and downs). Assume output drops 20 percent over the second and third
quarters of 2020 (many estimates project larger drops; 20 percent is a plausible if conservative estimate). A 20 percent drop for six months
equals a 10 percent drop for the full year, assuming the first and fourth quarters are flat on net. A 10 percent drop from 100 = 90 (or $2.2
trillion of lost output).
Since 1948, U.S. annual real growth in GDP has never exceeded 10 percent. Since 1984, real growth has never exceeded 5 percent. The
highest-growth years since the end of World War II were 8.7 percent in 1950, 8 percent in 1951, and 7.2 percent in 1984. An assumption
that real growth will occur in 2021 at a 6 percent annual rate is a generous if unrealistic assumption. Such growth would qualify as a Vshaped recovery.
If our new base is 90 (compared with 100 in 2019) and we increase output by 6 percent in 2021, this brings total output to 95.4. If we
enter 2022 with the new base of 95.4 and increase that base by 4 percent (so, 95.4 × 1.04), we come to 99.2 in total output by the end of
2022. Here’s the problem. Using 100 as a baseline for 2019 output, and assuming 6 percent real growth in 2021 and 4 percent in 2022 (rates
of growth that have not happened on an annual basis since 1984), the economy does not get back to 2019 output levels. The hard truth is
that 99.2 < 100.
Source : The new great depression (2021).
What about if we really have a second wave harder then the first with mutatied covid?
I want to add, is not my intention to spread panic or "maybe´s" but the study got my attention.
Even the legends will have trouble surviving if this happen.
So how can a trader survive in this case condition by trading as only source of income???
Perhaps agricultural commodities will always perform....