Get started

SPX (S&P 500 Index)

S&P500 Yesterday's crash has confirmed +9.20% rebound.The S&P500 index (SPX) rebounded strongly back to its 4H MA50 (blue trend-line), following yesterday's flash crash and recovered most than 50% of last week's Highs. The rebound took place exactly on the former Lower Highs trend-line of December's correction. This correction was the technical Bearish Leg of the post August 05 2024 Channel Up and the rebound on it indicates that the market has turned it from Resistance to Support. Similar Lower Highs trend-lines were formed during the last two major corrections (July and April 2024) and the common feature on all (including the current one) is that a 4H Golden Cross was formed immediately after the break-out. What followed after the Golden Cross was one last pull-back before a +9.20% rise. Yesterday's crash is most likely that pull-back. As a result, we should now be expecting a new +9.20% rise on the medium-term, with our Target being 6450. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500Long
by TradingShot
11
SPX week of Jan 27th 2025 The upcoming week could be a bit wild based on the recent gaps and the FOMC meeting. There are a few ranges from recent gaps up that are prime candidates to be filled on a retracement. Especially considering that the last time the FOMC spoke about rates, the index dropped over 3% in a single day. That move is pictured below, and it spans from the current level of 6100 to the top of the lowest gap at 5890. Compounding this is that the highest level of negative gamma exposure sitting directly below the highest gap. Since volatility could pick up if we breach that negative exposure level and there are 2 large gaps below we could see a significant move down. The flip side of this is earnings of course - some of the biggest players are expected to beat estimates this week. That combined with the multiple levels of high gamma exposure sitting above the current level might keep the index rising all week towards the 6200 level. A very inexpensive way to play both sides would be far out of the money inexpensive debit spreads expiring Friday 1/31 centered around the strikes of 6200 to the upside and 5980 or even 5900 to the downside. Of course I am literally brand new at trying to do this kind of analysis so I quite possibly am getting all of this wrong (although I feel like I am getting the jargon down pretty well ;)
SP:SPX
by MWFarmFarm
1
SPX: yep, ATH againThe inauguration of the new-old US President was in the spotlight of markets during the previous week. As there were no changes with respect to the pre-election promises, the markets continued to react positively for the rest of the week, bringing the S&P 500 to a new historically highest level. The level of 6.122 is a new historical point. Friday's trading session brought some profit-taking moments, where the index ended the week at the level of 6.101. The short reversal was mostly driven by tech companies, where Nvidia slipped by 3% to the downside. Tesla followed by 1% dip. Regardless of positive sentiment in an after-inauguration period, the fear of tariffs still holds on the market. Investors do not perceive such a move, especially with China, in a fear that increased import prices might bring back inflation in the US. Depending on the level of tariffs, this further might imply that the Fed could be in position to hold interest rates at current levels for a longer period of time, which in the end, might impact the US growth for this year. This is why mentioning tariffs in public by the new US administration will always imply some contraction of markets in the coming period, which means increased volatility. Another moment which is important is the US President's address at the business forum in Davos, Switzerland, where he noted that he will request a drop in interest rates, immediately. It is unclear how Fed Chair Powell and FOMC members will perceive such rhetoric, and intrusion of the US President into US monetary policy. Certainly, this will be one of the questions which will be addressed in an after-the meeting speech of the Fed Chair Powell, in the week ahead. Overall, the week ahead will bring PCE data, Fed's interest rate decision, overview of macroeconomic data, and address of Fed Chair Powell. At the same time, big tech earnings are expected to be posted, so this could be a promise of another challenging and volatile week on financial markets.
SP:SPX
by XBTFX
S&P 500: Bullish Breakout or False Move?Chart Analysis: The S&P 500 is at a critical juncture, trading just below a significant horizontal resistance level near 6,114. 1️⃣ Key Resistance Level: The horizontal level at 6,114 represents a pivotal resistance, as prior attempts to breach this zone were met with selling pressure. A successful breakout above this level could signal further upside potential and a continuation of the bullish trend. 2️⃣ Moving Averages: 50-day SMA (blue): Rising around 5,980, providing dynamic support and reflecting sustained upward momentum. 200-day SMA (red): Trending upward near 5,628, confirming the long-term bullish trend. 3️⃣ Momentum Indicators: RSI: Hovering near 65, indicating strong bullish momentum but approaching overbought conditions. MACD: Bullish momentum remains intact, with the MACD line rising and staying above the zero line. What to Watch: Traders should monitor for a confirmed breakout above 6,114 on increased volume to validate further upside potential. Failure to break above this resistance could lead to a retracement toward the 50-day SMA or previous support levels. Keep an eye on RSI for any bearish divergence or signs of momentum weakening. The S&P 500 is at a make-or-break level, and its reaction at 6,114 will determine the next directional move. -MW
FOREXCOM:SPX500
by FOREXcom
S&P500 - Preparing For The Final Bullrun!S&P500 ( TVC:SPX ) is still heading higher: Click chart above to see the detailed analysis👆🏻 Although the S&P500 has been creating new all time highs for the past couple of months, charts are clearly telling us that this bullrun is not over yet. We already saw two textbook cycles of +90% each and during 2025, we will see the completion of the third and final bullrun. Levels to watch: $7.000 Keep your long term vision, Philip (BasicTrading)
TVC:SPXLong
by basictradingtv
27
SPX500 to find a top?US500 - 24h expiry Price action continues to trade around the all-time highs. Previous resistance located at 6102. A 5 wave bullish count has been completed at 6107. There is scope for mild buying at the open but gains should be limited. Further downside is expected and we prefer to set shorts in early trade. We look to Sell at 6102 (stop at 6147) Our profit targets will be 6003 and 5955 Resistance: 6102 / 6107 / 6179 Support: 6003 / 5955 / 5886 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDShort
by OANDA
S&P500: Be careful of this 4H Golden Cross.S&P500 is on a very healthy bullish 1D technical outlook (RSI = 61.261, MACD = -3.250, ADX = 30.268) and on 4H it is about to form the first Golden Cross since August 21st 2024. During these 5 months, the trend has been heavily bullish but the 4H Golden Cross only managed one last High before the price corrected again to the 1D MA100. The 4H RSI indicates that we might technically be at the start of this final High pricing. For now we will stay bullish (TP = 6,165) but after that, we will only buy again on the 1D MA100. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
1
S&P500 smashed every Resistance on its way to 6350.The S&P500 index (SPX) hit and rebounded today on the 1D MA50 (blue trend-line), following last week's break-out. This is the confirmed start of the technical Bullish Leg of the 6-month Channel Up along with the 1D MACD Bullish Cross. Having made a Higher Low on the 1D MA100 (green trend-line) last Monday (January 13), we are expecting the standard 1.786 Fibonacci extension as the next Higher High of the pattern. That gives us a 6350 Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500Long
by TradingShot
1
SPX6900: BULLISH CHANNEL WITH KEY DEMAND ZONE$SPX6900/USDT 12H Analysis 📊 KEY STRUCTURE SETUP Price Action: • Trading within ascending channel (purple lines) • ATH Zone: $1.60-1.80 • Strong demand zone: $0.85-1.00 • Current: $1.29 (-0.34%) • Volume: 51.96K showing consolidation FORECAST (yellow projection): - Potential pullback to demand zone - Channel target: $2.00-2.20 range - Maintaining bullish structure Trading Setup: • Buy Zone: $0.85 -$1.00 (demand) • Targets: T1: $1.70 (ATH retest) T2: $2.00 (channel top) • Invalidation: Break below channel $0.80 #TechnicalAnalysis #Crypto #Trading
Short
by Supachai-Taechapisit
Nightly $SPX / $SPY Predictions for 1.21.2024🔮 📅 Tue Jan 21 🗓️ Day 2 📍 WEF Annual Meetings 📅 Wed Jan 22 🗓️ Day 3 📍 WEF Annual Meetings 📅 Thu Jan 23 🗓️ Day 4 📍 WEF Annual Meetings ⏰ 8:30am 📊 Unemployment Claims: 220K (prev: 217K) ⏰ 11:00am 🛢️ Crude Oil Inventories: -2.0M 📅 Fri Jan 24 🗓️ Day 5 📍 WEF Annual Meetings ⏰ 9:45am 📊 Flash Manufacturing PMI: 49.4 📊 Flash Services PMI: 56.8 ⏰ 10:00am 📊 Existing Home Sales: 4.19M (prev: 4.15M) 📊 Revised UoM Consumer Sentiment: 73.2 💡 Market Insights: 📈 GAP ABOVE HPZ: On a gap up, we will get pinned down at HPZ back into the EEZ. 📊 OPEN WITHIN EEZ: A lot of resistance overhead. Markets should cool down after the gaps from last week. Small rally into fade downwards. 📉 GAP BELOW HCZ: We will likely get a small bounce and hold. #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
SP:SPXShort
by TrendTao
Nike Price Earnings Ratio is similar to 2017 or not ? Quoting P/E Ratio meaning: Investopedia " What Is the Price-to-Earnings (P/E) Ratio? The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share (EPS). Often called the price or earnings multiple, the P/E ratio helps assess the relative value of a company's stock. It's handy for comparing a company's valuation against its historical performance, against other firms within its industry, or the overall market." end of quote
NYSE:NKE
by samitrading
SPX: on a tricky pathDuring the previous two weeks, the US equity market went through a short term correction, amid investors fears that the Fed might halt further cuts of interest rates during the course of this year, due to stronger than expected jobs market and potential surge in inflation in the US. The December inflation figures were posted during the previous week, which showed that the inflation in the US was held below market expectations, which brought back some optimism among investors. The S&P 500 recovered from losses, and ended the week at the level of 5.996. However, the question still remains if the index took a path toward the upside, or is this only a short term optimism? An inauguration of the new US Administration is scheduled for January 20th, where the markets will closely watch what measures will be actually taken within the first week, from all the promises from the pre-election period. The most challenging move is the one related to trade tariffs with China, which might bring some negative impact to the US economy. In this sense, Monday will be a day to watch during the week ahead. For one more week, tech stocks were in the focus of market attention during the previous week. Tesla stocks gained over 3% for the week, followed by other big tech companies and the semiconductor industry. The only stock that is still struggling to regain market cap is Apple, whose shares were hit by news that Apple is losing market share in China due to strong competition from local smartphone producers. Banking sector was also closely watched, as they posted quarterly results. As their earnings were higher from expectations, the stocks of major US banks gained significantly within the week. Goldman Sachs and CITI Group were traded higher by roughly 12%, while JPMorgan was traded higher by 8%. For the week ahead, Monday is the day to watch. After the President-elect won the US elections in November, the market reacted in a positive manner. Whether this optimism will continue to hold after his inauguration is to be seen during the week ahead.
SP:SPX
by XBTFX